General cargo ship sinks off Japan’s coast
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General cargo ship sinks off Japan’s coast

Two seafarers have been reported dead and nine remain missing after the general cargo ship Jin Tian sank off the coast of Japan on January 25. 

The ship, which had a carrying capacity of 9,784 tonnes DWT, sank in the East China Sea, approximately 75 nautical miles south of Jeju Island, South Korea.

How to properly package and label your shipments
Trade Guide

How to Properly Label and Pack Your Shipments

To ensure a safe and successful shipment, it’s important to become familiar with government regulations towards shipping. Common labeling requirements include the name and address of sender and receiver, a barcode, hazard warnings, tracking information, and signature requirements. Make sure you follow all applicable rules to avoid problems with customs or delays in transit.

The Dipping Cost of Shipping
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The Dipping Cost of Shipping

Shipping costs have fallen dramatically in the past year, with some routes approaching pre-pandemic levels. Freightos’ data reveals that the Freightos Baltic Index (FBX) – a benchmark for global freight rates – has dropped by 80% since late 2021, signalling the end of a two-year boom period for shippers. 

12 Most Common Causes of Shipping Delays and How to Avoid Them
Trade Guide

10 Most Common Causes of Shipping Delays and How to Avoid Them

In this blog post, we’ll explore the most common causes of shipping delays and provide tips on how to avoid them. We’ll also introduce you to Visiwise, a platform that can help you stay on top of your shipments and minimize the risk of shipping delays.  Let’s get started!

incoterm
IncotermsTrade Guide

Understanding the Incoterms used in international trade

In today’s global economy, international trade has become more prevalent than ever before. With the rise of cross-border commerce, it’s important to understand the various rules and guidelines that govern these transactions. That’s where Incoterms come in. Developed by the International Chamber of Commerce (ICC), Incoterms provide a universal set of rules and guidelines that help facilitate trade by providing a common language for buyers and sellers to set the terms of their trades.