eShipPro (Singapore): Freight Forwarder and LCL Shipping

Seaports play a vital role in global trade, facilitating the movement of goods across international waters. With the rise of  ocean freight cargo , they have become essential for international freight shipping, including  less than container load (LCL) shipping  and other shipping methods. However, the complex nature of port operations, combined with the high volume of cargo traffic, makes seaports potential targets for security threats, including terrorism, smuggling, and cyberattacks. As a result, robust security measures are essential to safeguard the interests of nations and the integrity of the supply chain. This blog explores the security measures implemented at seaports and the challenges they face in maintaining safety and security. Importance of Port Security With more than 90% of the world’s trade carried by sea, the security of seaports is crucial not only for national economies but also for global stability. A significant security breach at a port can disr...

  International Freight Shipping in Dubai India's Budget 2024 has brought significant changes to customs duties, influencing various sectors and impacting trade dynamics with Dubai. One of the notable adjustments is the reduction of duties on mobile phones, benefiting companies like Apple in Special Economic Zones (SEZs). This reduction aims to boost domestic market sales, although non-SEZ manufacturers may face challenges despite a reduced duty on printed circuit board assembly. The budget also slashes customs duties on gold, silver, and platinum, potentially reducing Dubai's attractiveness as a source due to the India- UAE Comprehensive Economic Partnership Agreement (CEPA). With gold imports from Dubai now taxed at 5%, the previous arbitrage opportunities diminish. This change aims to curb the practice of mixing gold with platinum to exploit duty differentials, thereby bringing other international suppliers back into play.   Additionally, duties on 25 critical minerals ha...