Import/Export Industry Notifications
09 December 2020
MARITIME GATEWAY | Nepal, India to amend bilateral transit treaty to expand trade and connectivity
09 December 2020
On Monday, Nepal and India have agreed to amend the bilateral transit treaty to boost trade and connectivity during a meeting of the Inter-Governmental Committee (IGC) on Trade, Transit and Cooperation to Control Unauthorized Trade.
09 December 2020
ONE LINE | Notice of suspension of reefer imports – Fuzhou and Fuqing, China
09 December 2020
Because of stricter customs inspections and disinfection necessities for reefers imports to Fuzhou and Fuqing, inbound reefer container pick-up activity at the ports of Fuzhou and Fuqing in southern China have been slow and are facing congestion. Concerning this prevailing situation, ONE will stop accepting bookings for every reefer commodities destined for Fuzhou and Fuqing, China. This will be effective from 8th December 2020 until further notice.
09 December 2020
NEW INDIAN EXPRESS | A missed opportunity for cotton in the PLI scheme
09 December 2020
The Cabinet approved the Production Linked Incentive (PLI) scheme for ten sectors, including textiles, in November 2020. Man-made fibers and technical textiles shall be given the Center's incentive from a corpus of Rs 10,683 crore over five years. However, the decision to exclude cotton textiles from this incentive came in as a surprise.
09 December 2020
THE HINDU | We’ve never been able to develop ‘brand India’ for manufacturing: Pawan Goenka
09 December 2020
Pawan Goenka says that India has never developed a brand in manufacturing. "How many products get sold outside India with 'Made in India' because they are made in India," he said, adding the only motive they're sold because of a lower cost of products.
09 December 2020
ECONOMIC CONFIDENTIAL | Cost of Doing Business Rises By 600% at Tin Can Port
09 December 2020
The cost of doing business, particularly for importation of goods via the Tin Can Island Port, TCIP, in Lagos has increased by 600% in one year.
09 December 2020
THE LOADSTAR | CMA CGM tackles shortage of boxes and capacity on Asia-North Europe
09 December 2020
CMA CGM has reassured North European forwarders and shippers that it will infuse new vessel capacity and equipment on its Asia-Europe services with an end goal to clear the mounting backlog of unshipped cargo.
08 December 2020
THE LOADSTAR | Equipment and capacity squeeze sees South China cargo bookings suspended
08 December 2020
Shipping lines have announced the temporary suspension of cargo bookings into South China next month. ONE made a similar announcement, restrictions beginning on 5 January and lasting at some ports until 26 February. Ports impacted include Guangdong, Guangxi, Hainan, Yunnan, Guizhou, and Fujian.
08 December 2020
HAPAG LLOYD | German Seaport Depots – Temporary Measures for Pick-up of Empty Containers
08 December 2020
Hapag-Lloyd will be implementing a temporary measure for empty container releases affecting their German Seaport Depots in Hamburg, Bremen, and Bremerhaven. Hapag-Lloyd will only release empty containers seven (7) calendar days before the FCL deadline of the ocean vessel (FCL cut-off date) with immediate effect. The measure refers to 40GP & 40HC equipment only.
08 December 2020
THE LOADSTAR | Chinese New Year will mark the end of container sector's 'bull run'
08 December 2020
The biggest challenge for many shippers and forwarders is the acute lack of equipment. However, with Chinese container factories now working at full production, Mr Jensen said this was likely to ease by Chinese New Year, which begins on 12 February.
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