Longsail

It is reported that on August 23, local time in Singapore, a container ship with a capacity of 9400TEU, “ COSCO Shipping Thames ”, was ignited and caught fire. Luckily, the fire was controlled immediately. According to the arrangement, this container ship should have departed on August 27 th.   But it was still in the port on August, 29 th . On August 23, local time in Singapore, the COSCO Shipping Thames, which served on the Asia-South America route ESA, found smoke in the No. 4 cabin. At that time, the crew started up the fire extinguishing system, so as to get the fire into control. It is not clear whether the goods are affected. It should wait for further confirmation.   After the fire, the "COSCO Shipping Thames" sailed slowly in the Straits of Malacca, and berth at Singapore on the 28th. According to the arrangement, this container ship should have departed on August 27 th.   But it was still in the port on August, 29 th .   "COSCO Shipping Thames" is ow...

Chen Desheng, chairman of T.S. Lines, revealed that the company's board of directors has recently adopted a stock listing plan in Hong Kong. The choice of Hong Kong is mainly investment funds plentiful. Investors in Hong Kong are in more understanding of the long-term operation of ocean freight, fundraising is easier, and Hong Kong's corporate income tax is low. Dividend tax exemption is also an incentive, too. After the listing in the future, it will be more capable of making larger and longer-term investment plans. He said that the parent company of T.S. Lines is located in Hong Kong. It is also a natural matter to list in Hong Kong. At present, the whole company is still in the planning stage. Due to the rapid changes in the shipping market, the board of directors has decided to accelerate preparations, but the time to market must be at the best time. No matter which companies, like T.S. Lines, later to start their own business, it seems that the company is growing up. The c...

In the 1960s, the three East African countries of Uganda, Kenya and Tanzania decided to form the East African Community (EAC). The EAC was more of a country with no borders between the three countries. “There was one airline under the name East African Airlines, all the ports belonged to the community under the East African railways and harbours and most importantly, there was one currency, the East African shilling. One would move from one country to another without any identification. Passenger trains would travel all the way from Kasese to Mombasa without any hindrance,” Charles Kareeba, the chairperson of Uganda Shippers Council, says. It is no secret that freight charges between Mombasa port and Uganda are the highest in the world. But that is not all. Despite the progress registered by the freight and forwarding industry, the sector is still grappling with a host of challenges. Rajesh Kumar, a businessman in Kampala attests to this.  “The money I pay to transport my good...

Supply chain logistics have dominated several studies this  year due to the rise of global commerce, however, it has mainly focused on global and regional networks.With the growing congestion of cities and the rise in e-commerce, last-mile logistics have experienced several challenges that have resulted in focusing on point-of-sale delivery. Long before e-commerce took over, last-mile logistics were a challenge due to fast-growing cities, MIT News reports. The complexity grew as demand from retailers, e-retailers, unions, government officials, citizen activists clashed since shipments are usually smaller in a city setting. Consumer e-commerce also increases the chance of delivery failure. Companies are now offering specific time windows for when a package needs to be delivered, and if the customer isn't home it can add to the cost. Mix in growing cities with the e-commerce boom, the complexity for last-mile logistics has only increased. More trucks are flooding the streets, making ...