As and from February 1, 2025, Sri Lanka customs import duty on motor vehicles stands at 30% of CIF (Cost, Insurance, and Freight) as there is a 50% surcharge on the previous 20% rate of duty. Apart ...

Definition: Free On Board (FOB) indicates that the supplier pays the shipping costs that usually also include the insurance costs from the point of production to a specified destination, at which ...

National Institutes of Health slashed overhead costs allowed under its grants to match private foundations, but the two don't ...

Explore d'Amico International Shipping's challenges amid trade turmoil, tariffs, and market volatility. Learn why caution is ...

Initial Costs and Integration The upfront cost of implementing digital technologies can be high, particularly for smaller shipping companies and ports. Additionally, integrating new digital ...