Shipping line ONE announced the addition of a new route called SIG to its service network connecting Southeast Asia with India and the Middle East. The new SIG route will provide more comprehensive and frequent connections to and from India's West Coast and the Middle East. SIG route rotation is as follows: Singapore - Nhava Sheva - Mundra - Dammam - Jebel Ali - Cochin - Colombo – Singapore The SIG route will launch in Singapore on 16 November 2023. Also in October 2023, ONE announced the launch of the new Egypt-Lebanon-Turkey (ELT) route. This new route will give customers enhanced coverage within the European...
MAERSK, HAPAG-LLOYD NOTIFY SHIPPERS IN ADVANCE ABOUT THE EUROPEAN EMISSIONS TRADING SYSTEM (ETS) SURCHARGE
Recently two leading shipping lines have informed in detail the expected surcharges which shippers will face next when the shipping industry adjusts to suit the European Union's Emissions Trading System (EU ETS). Maersk warns that these costs will be huge. Starting from 1st January 2024, shipping lines will be authorized to monitor and report their emissions during voyages within the European Economic Area and 50% of voyages that begin or end Termination at European ports. Maersk believes that compliance costs are expected to be significant and will continue to increase with phased implementation. This cost will be passed on to customers as a...
CARGO CARRIERS WARN OF DISRUPTION ON ISRAEL OPERATIONS
Israel’s Civil Aviation Authority (CAA) has said international flights continue to operate to and from Israel following attacks on the country by Hamas over the weekend. The CAA said that currently “the Israeli airlines are operating as usual”. The organisation added that currently “there are still international flights to and from Israel by many airlines”. However, a number of airlines worldwide have cancelled or delayed flights in response to the situation, and cargo carriers have warned of potential disruption to shipments. FedEx said on its website on October 9: “In light of the events unfolding in Israel, our inbound and outbound flights...
ACTIVELY CONNECT THE SINGLE WINDOW WITH COUNTRIES INSIDE AND OUTSIDE ASEAN IN 2023
Except of ASEAN countries, Vietnam is are continuing actively cooperated with a number of countries to connect the Single Window. According to the General Department of Customs, currently, Vietnam maintains official connection to the ASEAN Single Window to exchange information on electronic form D Certificates of Origin with all 9 member countries. At the same time, Vietnam also coordinate with ASEAN countries to officially exchange ASEAN Customs Declarations. Vietnam also prepares related requirements to connect the exchange of PHYTOSANITARY CERTIFICATE in 2023. At the same time, Vietnam will build solutions and process to connect and exchange electronic documents between ASEAN and partners...
ISSUES RELATED TO RE-PROCESSING
Issues related to re-processing as below: A re-processing company performed re - processing for processing company (who have processing contract with overseas) but was fined for penalties becauce they did not report the processing to customs before. The re - processing was entrusted to an EPE company, but issues were raised due to the equipment was deliveried in the factory before customs permission. So, we are pleased to provide related laws for your reference to avoid doing wrong customs regulations about re-processing and do not get penalties. Below are Official Dispatch No. 2687/TCHQ-TXNK related to customs regulations about re-processing: 1. Goods imported for further...
IMPORT AND EXPORT SITUATIONS THROUGH BORDER GATES DURING THE CHINESE HOLIDAY
From 29th September to 6th October is a long holiday in China, National Day and Mid-Autumn Festival. However, import and export activities through No.II Kim Thanh international border gate (Lao Cai) - Hekou (China) is still maintained by both sides. During the holiday, import and export activities through this border gate have decreased slightly but still have had positive results, with the amount of goods cleared reaching an average of 250 to 280 vehicles/day. In which, the average export volume is 60 to 80 vehicles/day. Because the Vietnamese side is still operating normally, the Lao Cai International Border Gate Customs Branch has...