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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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PPA releases revised schedule of cargo-handling tariff at Manila ports
The Philippine Ports Authority released the revised schedule of cargo-handling tariff at Manila ports that take effect on August 6
PPA Memorandum Circular No. 008-2024 implements MC No. 007-2024, which provides the 16% increase in cargo-handling tariff at Manila International Container Terminal and Manila South Harbor
The upward adjustment will be implemented in two tranches: the first 10% to take effect on August 6 and the second tranche of 6% not earlier than six months after effectivity of the first tranche.
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.
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.
