The Effects of Chinese New Year (CNY) on Shipping

The Effects of Chinese New Year (CNY) on Shipping

Did you know that during Chinese New Year (CNY), shipping activities experience a significant decrease, causing delays and increased costs? With bottlenecks at ports and disruptions in the supply chain, global trade is heavily impacted. Businesses and industries rely on smooth shipping operations, making it essential to understand the effects of CNY on shipping. In…

What Is a Cargo Tracking Note (Ctn)

What Is a Cargo Tracking Note (Ctn)

Do you know that over 90% of global trade is carried out through maritime transportation? If you’re involved in international shipping, it’s crucial to understand the concept of a Cargo Tracking Note (CTN). This document, required by many countries, plays a vital role in monitoring and controlling cargo, ensuring compliance with trade regulations, and preventing…

What Is a Piracy Risk Surcharge (Prs)

What Is a Piracy Risk Surcharge (Prs)

Do you know the true cost of piracy? Get ready to dive into the world of maritime security with an in-depth exploration of the Piracy Risk Surcharge (PRS). Discover how this controversial fee is calculated, applied, and debated. Uncover the historical context and factors that have influenced its implementation. Join us as we navigate through…

What Is an Alameda Corridor Surcharge (Acs)?

What Is an Alameda Corridor Surcharge (Acs)?

Did you know that the Alameda Corridor Surcharge (ACS) affects businesses and consumers in Southern California? Get ready to dive into the details of this surcharge that plays a significant role in the region’s economy. In this article, we will explore how the ACS is calculated, its impact on businesses, and what it means for…