NEWS

Understanding Transit Time in Shipping
Understanding Transit Time in Shipping

A very simple explanation for the term transit time is that – it is the time or the number of days taken for a consignment to move from point A to point B. In shipping terminology, this is referred to as transit time or transit days.

MSC sets increased prices from Asia to Antwerp and Valencia
MSC sets increased prices from Asia to Antwerp and Valencia

Mediterranean Shipping Company (MSC) has announced new rates from Sri Lanka, India and Pakistan to two of the most important European hubs, the ports of Antwerp and Valencia.

Four new container vessels in Chittagong-Colombo route to lessen export backlog
Four new container vessels in Chittagong-Colombo route to lessen export backlog

The Chittagong Port Authority (CPA) has approved plying of four new feeder vessels in Chittagong-Colombo route in a bid to lessen the mounting export cargo backlog at the inland container depots (ICDs).

What is a Letter of Credit in Shipping?
What is a Letter of Credit in Shipping?

International trade is very competitive, and businesses, banks and financial institutions go the extra mile to provide the best service to their customers.

CMA CGM announces new surcharges worldwide
CMA CGM announces new surcharges worldwide

CMA CGM has published several new peak season surcharges (PSS) across the world, which will be effective from late July and August.

Import containers to be fumigated as Australia enforces Khapra beetle rules
Import containers to be fumigated as Australia enforces Khapra beetle rules

Regulations requiring import containers from 40 countries across Europe, Asia, the Middle East and Africa to be fumigated to prevent the migration of Khapra beetles into Australia will be enforced from today.

What Are Insulated Shipping Containers?
What Are Insulated Shipping Containers?

The trillion-dollar shipping industry transports a wide variety of goods all over the globe. Regardless of whether the goods are meant to be kept hot or cold, dry or wet, packaged or fresh, this industry covers it all.

TEU in Shipping – Everything You Wanted to Know
TEU in Shipping – Everything You Wanted to Know

Developed economies and rapid industrialization has led to the exponential growth of the cargo transport industry. 85% of international trade is done using ocean freight with a very vast majority of these cargo being transported in shipping containers.


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