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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.
Indian government intervenes to help exporters facing higher costs
Frustrated by high shipping costs, India’s exporters have won some government support – albeit a little belatedly, as supply-demand dynamics have begun to settle.
BOC and PCCI Launch ATA Carnet System in the Philippines
In a significant step for Philippine trade, the Bureau of Customs (BOC) and the Philippine Chamber of Commerce and Industry (PCCI) officially launched the ATA Carnet, also known as the “Passport for Goods,” at The Manila Hotel on July 15, 2024.
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Singapore Port Logjam Lingers as Container Ships Keep Piling In
The logjam that’s been plaguing Singapore’s container port is bringing forward this year’s peak season for the shipping sector, spelling trouble for businesses in the city-state.
Exporters’ exemption from E-TRACC under study
The Electronic Tracking of Containerized Cargo System allows the Bureau of Customs to track, monitor, and audit the location and condition of cargoes, as well as obtain real-time alarms on diversion and tampering of cargoes. Photo from BOC.
How AI could help navigate complex trade rules and save billions on tariffs
The sheer complexity of trade regulation and the risk of non-compliance mean companies are missing out on billions in tariff savings from Free Trade Arrangements (FTA) in their global supply chains. New AI tools can help remove some of the barriers.
