Chinese shipyards slash prices on new ships

FMC teams

While the rest of the world maintains coronavirus-related restrictions, China is gradually lifting them. Many factories have already resumed work, hoping to return to the pre-pandemic production level. Chinese shipyards especially find themselves in a difficult situation. To attract more orders, Chinese shipyards are slashing prices on new ships. Chinese shipyards slash prices on new …

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MSC’s comment on the COVID-19 situation

Many industries have been affected by the outbreak of the COVID-19. It has disrupted the global supply chain, causing losses to many companies. What do they have to say about the situation? How does the MSC, the world’s second-largest shipping line in terms of container vessel capacity, deal with the issue? Check MSC’s comment on …

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BAF and CAF – What is it?

Abbreviations appearing on the valuation of cargo transport may confuse many importers. These are so-called freight additions, i.e., additional fees charged by forwarding companies to offset various variable costs incurred by them during the transport process. In the case of BAF and CAF, oil price fluctuations and currency fluctuations are compensated. It is worth familiarizing …

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Poland-China – Logistical connections

Poland-China logistical connections Poland has a strategic location in the center of continental Europe, neighboring with Russia, Lithuania, Belarus, Ukraine, Slovakia, Czechia and Germany. It comes as not a surprise that Poland is the transit country for the main transport corridors between Asia and Europe. Poland connects with China mainly by maritime, rail and road …

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LCL General Cargo

Sea transport is an economical way of exporting and importing goods. When using this type of transport, the forwarder must decide on the type of sea freight: the FCL (Full Container Load) or LCL (Less than Container Load) method. The FCL acronym refers to container transport and means that the entire rented container will be …

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