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CBIC reports: India actively pursuing customs mutual recognition agreements with nations

India is actively signing mutual recognition agreements with the customs authorities of seven nations and is discussing and negotiating for more such pacts with other…
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Container spot rates surge across major trades

The Shanghai Containerized Freight Index (SCFI) rose 9.3% on Friday compared to the previous week, climbing 214.97 points to 2,520.76. This follows a significant jump…
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A truck carrying a China Shipping container in front of a stack of shipping containers

Container Shortage Crisis in Northern China

Freight forwarders are reporting a critical shortage of containers in northern China. This issue is exacerbated by a surprisingly robust market and diminished vessel capacity…
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A Truck with a stack of Shipping Containers

Navigating the Perils: Understanding and Mitigating the 16 Risks of Using Dry Containers for Shipping

In global commerce, dry containers (General Purposes and High Cubes with six walls) are crucial for transporting goods across oceans, continents, and borders. These uniform…
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Carriers seek alternatives due to Colombo Port’s capacity crunch

Terminal capacity pressure is mounting at Colombo port in Sri Lanka, leading to a spill-over effect on other ports in the subcontinent region. Adani Ennore…
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Customs introduces a tool to reduce delays in goods clearance and lower compliance costs for traders

Comptroller-General of Customs (CGC), Mr. Bashir Adeniyi, launched the Advance Ruling trading tool to cut compliance costs and create a business-friendly environment for traders. The…
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Illegal Logging Laws

Illegal Logging Laws: Extension to ‘soft-start’ compliance period

On 25 February 2016, the Australian Government released the final report of the KPMG led Independent review of the impact…
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Changes to Import Requirements for Used Machinery, Used Equipment & Used Parts

The Department of Agriculture & Water Resources has issued an industry advice notice regarding the importation of used machinery, equipment…
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Import permits required prior to arrival of goods

Reminder: Import permits required prior to arrival of goods

With the commencement of the new Biosecurity Act 2015 on 16 June 2016, importers are reminded of the need to…
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China Australia

AADA increases China-Australia rate US$300/TEU from July 1

Member lines of the Asia Australia Discussion Agreement (AADA) will levy a US$300 per TEU rate increase from July 1 on cargo…
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Learn the most common shipping terms

AADA bunker surcharge rises to US$150/TEU, $300/FEU on June 18

Member lines of the Asia Australia Discussion Agreement (AADA) have increased the bunker surcharge US$150 per TEU and US$300 per…
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New Biosecurity Legislation in Effect from 16 June 2016

New Biosecurity Legislation in Effect from 16 June 2016

Important changes to Australia’s biosecurity system come into effect on 16 June 2016 with commencement of the Biosecurity Act 2015. The…
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