Your Global Trade Knowledgebase
succeed in Global Trade.
For Exporters
Understanding Risk Factors Along the Global Supply Chain
Last updated on January 22, 2024 by Ben ThompsonIn international trade, managing supply chain risks is crucial. It involves understanding risks from sourcing to delivery, including due diligence on suppliers and buyers. Key aspects include cybersecurity, payment terms, shipping methods, and understanding global trade dynamics. Effective risk management and strategic planning are essential for successful global trade, emphasizing the importance of thorough research,…
U.S. Ramps Up Airstrikes on Houthi Targets in Yemen, Labels Group as Terrorists
Last updated on January 18, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
Kazakhstan Redefines Global Trade Routes
Last updated on January 18, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
Alpha, Bravo, Charlie code: the NATO Phonetic Alphabet
Last updated on January 17, 2024 by Ben ThompsonThis alphabet assigns unique code words to each letter, from 'Alpha' for 'A' to 'Zulu' for 'Z', ensuring clarity, especially in noisy environments. It's a simple yet effective method to avoid misunderstandings and is widely used in global logistics, customer service, and international business. Learn the pronunciation and application of each of the 26 code…
Dangerous Goods and IMO Classes Explained
Last updated on January 15, 2024 by Ben ThompsonDiscover the essentials of transporting hazardous goods and the crucial role of the International Maritime Organization (IMO) in ensuring safety. This insightful piece dives into the nine classes of dangerous goods, including explosives, gases, and corrosive substances. Learn about the specific handling, labeling, and storage requirements for each class, highlighting the importance of proper management…
Red Sea Crisis Spike Freight Rates
Last updated on January 11, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
Houthis Initiate Largest Red Sea Offensive To Date
Last updated on January 11, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
Icelandic Volcano Erupts: Air Traffic On Alert
Last updated on December 21, 2023 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel.
International Coalition Unite to Defend Red Sea
Last updated on December 21, 2023 by Ben ThompsonOperation Prosperity Guardian, led by Combined Maritime Forces, aims to safeguard Red Sea ships from Houthi attacks. US, UK, and others deploy vessels, reflecting global commitment to regional stability.
Norwegian Tanker Struck By Missile
Last updated on December 14, 2023 by Ben ThompsonHouthi rebels strike Norwegian tanker MT Strinda with a missile near Bab el-Mandeb Strait. No casualties reported; fire extinguished, vessel safely reaches port. US Navy destroyer aids after mayday call. Incident raises concerns over Suez Canal shipping safety amidst regional tensions.
Understanding Risk Factors Along the Global Supply Chain
Last updated on January 22, 2024 by Ben ThompsonIn international trade, managing supply chain risks is crucial. It involves understanding risks from sourcing to delivery, including due diligence on suppliers and buyers. Key aspects include cybersecurity, payment terms, shipping methods, and understanding global trade dynamics. Effective risk management and strategic planning are essential for successful global trade, emphasizing the importance of thorough research, professional advice, and clear communication throughout the supply chain. Read More »
U.S. Ramps Up Airstrikes on Houthi Targets in Yemen, Labels Group as Terrorists
Last updated on January 18, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
Kazakhstan Redefines Global Trade Routes
Last updated on January 18, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
Alpha, Bravo, Charlie code: the NATO Phonetic Alphabet
Last updated on January 17, 2024 by Ben ThompsonThis alphabet assigns unique code words to each letter, from 'Alpha' for 'A' to 'Zulu' for 'Z', ensuring clarity, especially in noisy environments. It's a simple yet effective method to avoid misunderstandings and is widely used in global logistics, customer service, and international business. Learn the pronunciation and application of each of the 26 code words, and discover how this alphabet streamlines operations in trade, enhances safety in aviation, and aids in maritime communication. Dive into its history, from its early aviation days to becoming a global standard, and see how it's used in everyday trade and transport scenarios. Read More »
Dangerous Goods and IMO Classes Explained
Last updated on January 15, 2024 by Ben ThompsonDiscover the essentials of transporting hazardous goods and the crucial role of the International Maritime Organization (IMO) in ensuring safety. This insightful piece dives into the nine classes of dangerous goods, including explosives, gases, and corrosive substances. Learn about the specific handling, labeling, and storage requirements for each class, highlighting the importance of proper management for safe transportation. A must-read for anyone interested in the complexities and safety protocols of maritime shipping of hazardous materials. Read More »
Red Sea Crisis Spike Freight Rates
Last updated on January 11, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
Houthis Initiate Largest Red Sea Offensive To Date
Last updated on January 11, 2024 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
Icelandic Volcano Erupts: Air Traffic On Alert
Last updated on December 21, 2023 by Ben ThompsonNew Icelandic volcano eruption prompts air traffic alerts. Keflavik Airport operational. Comparisons to Eyjafjallajokull's 2010 eruption highlight potential disruptions, but current event poses lower risks. Uncertainty remains over duration and impact on air travel. Read More »
International Coalition Unite to Defend Red Sea
Last updated on December 21, 2023 by Ben ThompsonOperation Prosperity Guardian, led by Combined Maritime Forces, aims to safeguard Red Sea ships from Houthi attacks. US, UK, and others deploy vessels, reflecting global commitment to regional stability. Read More »
Norwegian Tanker Struck By Missile
Last updated on December 14, 2023 by Ben ThompsonHouthi rebels strike Norwegian tanker MT Strinda with a missile near Bab el-Mandeb Strait. No casualties reported; fire extinguished, vessel safely reaches port. US Navy destroyer aids after mayday call. Incident raises concerns over Suez Canal shipping safety amidst regional tensions. Read More »