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CBIC declares exclusive Customs Duty Payments on the New ICEGATE Portal from January 14, 2024

Effective January 14, 2024, the Central Board of Indirect Taxes and Customs (CBIC) has made changes to the official ICEGATE platform. From now on, Customs…
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Red Sea crunch takes a toll on India’s exports as shipping and insurance costs increase

The ongoing crisis in the Red Sea region is beginning to affect India's exports. A senior official has revealed that the costs of shipping and…
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Orders for methanol engines outperform LNG for the first time

Shipping’s rapid transition to alternative fuels took a substantial improvement last year with methanol-powered engine orders becoming the most popular choice. According to the latest…
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Maersk moving container service away from the Red Sea

Maersk, a Danish shipping group, has announced that it is rerouting its ME2 Container Service away from the Red Sea and Gulf of Aden. Now,…
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Switzerland and India finalizing FTA deal

Switzerland and India have finally agreed on a Free Trade Agreement (FTA) after 16 years of negotiations. The Swiss Economy Minister, Guy Parmelin, travelled to…
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EU moving towards a paperless customs clearance system from June 2024; Indian exporters need to comply

Indian exporting firms must prepare themselves to comply with new EU regulations, as the European Union is moving towards a paperless customs process starting from…
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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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Australian Trusted Trader Programme

Update: Australian Trusted Trader Programme

T​he Australian T​rusted Trader​ Programme (ATTP)​ seeks to provide trade facilitation benefits to importers and exporters that demonstrate strong security practices…
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Protect or Perish

Protect or Perish – The Quandry for Government in a Free-Trade World

The recent announcement that steel producer Arrium was moving into voluntary administration threw up a number of comments that many…
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