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Trade Guide

Future of Chemical Logistics in India

International Logistics plays a vital role in the Chemical Industry.

Trade Guide

Wheat exports slow down due to regulation

UPDATE: India put wheat export under the "prohibited" category post a sudden spike in the price of the commodity.

Trade Guide

Free on Board (FOB) with Cogoport for Importer

Incoterms are widely discussed terms in the logistics world. They are shipping agreements which define the trade process for the importers and exporters. Let us look at how FOB makes shipments hassle-free, economical, and easy for Importers?

Trade & Industry Advisory

Cogoport comes to rescue the Logistics Industry

Global Trade is becoming more difficult due to trade knowledge and the execution gap widening. A financing gap of USD 3.4 trillion was also recorded in the wake of COVID-19. Governments all around the world are noticing all this and centralising the logistics process has become a hot topic. While it is clear by many stances, that shipping lines are benefiting from their dominance in the market, the change government aims to bring is also gradual. Read more about it here.

Industry Trends

Ship Now Pay Later financing option now available

At a time when shipping costs are skyrocketing to record highs for reasons well known, the logistics industry is slowly embracing Ship Now Pay Later (SNPL) financing option akin to the retail realm’s Buy Now Pay Later (BNPL). SNPL enables businesses and exporters to avoid paying total freight charges at once by offering easy repayment options up to 90-day credit cycles, thereby optimizing the cash conversion cycle to make crucial decisions on new products investments, hiring, and expansion among others. Read on to know more about SNPL.

Trade News

Trade Update Review - April 5th, 2022

As March transitioned into April, the shipping world learnt through Sea Intelligence that global shipping lines raked in an astounding operating profit of over $110 billion in 2021 while MOL started promoting ships parts recycling from Turkey and a consortium of three ocean carriers launching services to Chennai & Vizag. Meanwhile, the Indian government shared a list of 26 national waterways viable for cargo and passenger movement. Read on to know more.

Industry Trends

Ship Now Pay Later, salve for cash-strapped SMEs?

India’s MSMEs have the potential to spur growth and help India become a $5 trillion economy. However, they lack financial support and lack of access to capital to fulfil their potential. There has been a recent surge in innovative solutions to tackle this issue. Cogoport launched a Ship Now Pay Later facility for importers and exporters through which customers can avail payment cycles for up to 90 days. Read more.

Guides

Export packaging: Integral Part of Shipping

Industry standards compliant export packaging is a crucial part of international trade. The job of a shipper or exporter doesn’t end with just manufacturing world-class products but also adhering to country-specific and international standards while wrapping his wares for onward shipment through a vessel, aircraft, or a truck for the ultimate buyers. Failing to do so can lead to heavy fines and massive delays, coupled with disrepute. Read on to know the key role of export packaging in international trade.

Trade News

Trade Update Review - March 17, 2022

The first week of March in the world of shipping started off with MOL completing 100 percent acquisition of Utoc Corporation, Oracle introducing new logistics management capabilities and DB Schenker & CMA CGM teaming up to offer regular emission-free ocean freight. However, the Russia – Ukraine war has emerged as a major dampener for global trade, raising shipping costs and disrupting manufacturing.