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In order to reduce the risk and impact of climate change, various fields around the world have formulated corresponding emission reduction targets. Among them, shippers, carriers, can play a role in accelerating decarbonization. However, it is currently in a predicament. Some shippers want a lower carbon supply chain and are willing to pay a premium for green services, but carriers need to secure enough demand with a long-term commitment to invest in low-carbon assets and infrastructure.

For sellers, FOB and CIF have the same risk. When the goods cross the ship's rail, the risk is transferred to the buyer. So, as sellers, we cannot rely on so-called contracts or trade terms, what we need to do is to take into account all potential risks as much as possible and minimize the possibility of them happening.

Magnetic field will interfere with the aircraft's navigation system and control signals, so magnetic cargo will be restricted in the receipt and shipment, and some cargo with magnetic materials need magnetic inspection to be transported by air. We will tell you more about magnetic inspection this time.

The Environmental Fuel Fee (EFF) is a surcharge imposed by shipping carriers on cargo owners to offset the increased cost of operating ships on cleaner fuels with lower sulfur content (from 3.5% to 0.5%). Effective December 1, 2019, Maersk will impose a New Environmental Fuel Fee (EFF) on all trades, which will apply to all spot business and contracts valid for no more than three months.

When the shippers realized that the fragmented decarbonization demand could not pry the shipping industry's investment in green and low-carbon transformation, these green shippers raised their voices in the industry, urging the shippers themselves to raise the demand for green shipping on the one hand, and the shipping companies to complete the green and low-carbon transformation development as soon as possible on the other hand.

51³Ô¹ÏÍø Supply Chain offers a wide range of logistics solutions that can be tailored to the specific needs of your business, to help you gain a competitive advantage.

There are 3 main cargo handover methods currently used in container shipping, namely CY-CY, CY-CFS and CFS-CFS.

There are five physical steps and two documentary steps that must be performed for each shipment as the goods move from the shipper to the consignee. Each step has an associated cost that must be addressed by someone (usually the shipper or consignee). If you want to avoid cost surprises and unnecessary delays in your supply chain, make sure you explicitly agree who pays for each of these seven steps each time you book a shipment.

How to develop a more resilient sourcing strategy amidst global supply chain turmoil? With freight rates on the decline, should shippers reopen negotiations? Xeneta Principal Analyst Peter Sand and Market Analyst Emily Stausb?ll provide the following analysis of the current ocean freight market.

The latest edition of Lloyd's List's One Hundred Ports tallies annual container throughput figures for the world's top ports in 2020, arguably the most challenging year the industry has ever seen.