CITES (Convention of International Trade in Endangered Species of Wild Fauna and Flora) is a multilateral treaty regulating the trade of more than 35 000 species – about 30 thousand species of plants and 5600 species of animals. One hundred eighty-three countries have signed the Convention. CITES brings attention to a global problem that illegal …
When dealing with shipping, you can often come across terms such as RoRo or LoLo, also written as ro-ro, RORO, LOLO, LO/LO. At first, they may seem quite mysterious. What do RoRo and LoLo stand for? RoRo: Roll-On Roll-Off RoRo is a method of loading and unloading a ship, that is rolling the cargo on …
ADN (European Agreement concerning the International Carriage of Dangerous Goods by Inland Waterways) is a European agreement regarding the international carriage of dangerous goods by inland waterways. It is worth remembering that the ADN regulations are amended in Europe every two years. Genesis The ADN Agreement was drawn up in Geneva on May 26, 2000, …
For freight operators, the opportunity to increase the scale of their operations in the promising intermodal segment is the development of China’s rail link with Europe – The New Silk Road. The Chinese provinces are striving to open new transport routes for faster and safer transportation of goods. Intermodal transport using rail is currently more …
Many importers are tempted to save on the importing process. The cost can be reduced by, for instance, not concluding a cargo insurance agreement. In fact, paying for insurance is an investment. If you do not insure your cargo and the unexpected happens, you, as the importer, are exposed to large losses. Find out more …
Turkey is a strategically located country that serves as a critical point between Asia and Europe. It is the perfect place to bring together China and Europe by railroad. Turkey has been recognized as a significant player in the Belt & Road Initiative (BRI). The Middle Corridor (The Trans-Caspian International Transport Route (TITR) plays a …
Recently, we have written about lowered rates in Chinese shipyards on ships, as the shipbuilders struggle to stay in business. This time, the Dutch shipyards are going through hard times. Two private shipyard groups from the Netherlands have suffered the biggest losses for many years – Damen and Royal IHC. Damen Damen Shipyard Group owns …
The Belt & Road Initiative (BRI) is considered the most extensive infrastructure and investment project in history. The Chinese initiative of the New Silk Road involves the construction of new and development of existing transport routes from China to Europe and other continents. Therefore, in the past few years, China-Europe connectivity has raised significantly, as …
International trade requires filling out many, sometimes quite complicated paperwork. Various documents are required for customs clearance alone. The commercial invoice is one of them. An importer must ensure that the sender issues this type of invoice. Customs cannot clear imported goods without the commercial invoice. Commercial Invoice (CI) A commercial invoice, CI for short, …
The highly competitive transport market keeps developing rapidly, putting forward more and more interesting options. Shipping goods from the Far East is usually associated with the sea or air freight. However, a new attractive alternative appeared in the last decade, which is fast rail freight. It is now possible to transport goods by train to …