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BOC releases revised airport warehousing charges
The Bureau of Customs has released revised airport warehousing charges
Customs Administrative Order No. 03-2024 provides higher rates on services, storage and other charges on goods or merchandise stored at airport temporary storage warehouses
The order also consolidates existing customs orders related to rates imposed by airport customs facilities and warehouses
The revised rates include basic storage charges on imported cargoes, service charges, and ancillary charges
BOC drafts rules on foreign shipping line charges
The Bureau of Customs has drafted rules on charges imposed by foreign shipping lines
The proposed customs administrative order contains rules to determine cost of transport, loading, unloading, and handling charges levied by carriers
BOC is asking stakeholders to submit their comments on the draft CAO until November 12, the same day for the proposal’s virtual public consultation
The draft CAO will require shipping lines, including shipping agents and general agents, to refund container deposits within 15 days following receipt of empty containers
An electronic system will be developed to track and trace all movement of containers in the country, whether laden or empty
China Seeks Carbon Data From Ships as Trading Scheme Grows
Authorities in China have started to ask some overseas shipowners to report on their carbon emissions, highlighting greater scrutiny of the industry as the regulatory framework shifts.
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Warfare in the Red Sea disrupts global trade
As the conflict in the Middle East simmers on, companies are increasingly avoiding the Red Sea trade route.
ICTSI Manila receives next-generation cranes
International Container Terminal Services, Inc. (ICTSI) has significantly upgraded its ability to handle foreign ultra-container vessels with the recent arrival of three new quay cranes at its flagship Manila International Container Terminal (MICT). Manufactured by Shanghai Zhenhua Heavy Industry Co. Ltd. (ZPMC), the arrivals include two Panamax with a reach of 18 rows across for Berths 3 and 4, and one post-Panamax with a reach of 20 rows across to be deployed at Berth 7. The new cranes expand MICT's fleet to 18 quay cranes - the largest in the Philippines - and will be put into operation after commissioning, enabling yet faster turnaround times at the country's premiere international trade gateway.
Baltimore port, key East Coast maritime lane, is set to reopen following bridge collapse
Less than three months after the main spans of the Francis Scott Key Bridge became a mangled wreck in the Patapsco River, they are now almost entirely gone. And so the 700-foot wide full shipping channel is scheduled to reopen June 10 outside Baltimore.
