US Dollar to remain weak

US dollar weakness would continue, benefiting Asia to attract capital inflows, an asset manager estimates.

The yuan will be stronger, said AllianzGI. It also expects China’s economy to grow at 8-9 percent.

Last year, Chinese stocks outperformed global stocks, and the volatility was relatively less, AllianzGI said.

/quoted from dd.22 Feb 2021 / 4:38PM HKT

GAL Newsletter

Hello GAL Family!

Life is busy, work is busy, and it can be hard to keep track of all that’s going on in the world. This is especially true in logistics, where freight rates, customs regulations, and vendor capabilities seemingly change overnight. We want to make it easier on all of our GAL members who don’t have the time to stay up to date on all the latest information. Do customs require new documentation or information to be listed on BLs? We want to know! Maybe your country has an upcoming holiday that will affect the flow of goods coming in or going out? Tell us about it! We’ll collect all of this information and send out a monthly newsletter so any changes will not come as a surprise.

In addition, we’ll be highlighting one member of the network every month to provide a more in depth look into their business. While this newsletter is not meant to be a comprehensive overview, it will hopefully give you a broad idea of each company’s capabilities and spurn ideas for future cooperation.

I look forward to hearing your feedback and am open to any suggestions that will help facilitate cooperation and news sharing amongst members. Don’t forget, if you’d like your company featured in an upcoming newsletter, please reach out to GAL and we will tell you how!

Joe Gems

Welcome to our first Members Monthly Newsletter! Our goal is to highlight a member each month to create visibility and cooperation within our network!

Without further ado, meet SEAWAY LOGISTICS!

Seaway are proudly among the largest diversified transport and logistics providers in Australia.
From modest beginnings in 1999, we have grown steadily by working with our customers and always finding a
better way. With our foundation as a shipping agent, Seaway has since developed forwarding, logistics, refrigerated, air freight, intermodal, and warehousing facilities throughout Australia and New Zealand

Our Projects team is amongst the project leaders of Australia in completing several projects over the past 12 – 24 months. Projects ranging from coastal charters to remote areas, mine to market commodities, to heavy lift with several cargo +100MT, +200MT, and +400MT @12,000 CBM in a single lift in the ship unloader completer recently in June 2019.

Anyone who has shipped to Australia is familiar with the dreaded BMSB (stink bug) season. Fumigation can often pose a challenge for overseas agents unfamiliar with the process. Seaway is here to make your life easier!
Our Melbourne Warehouse will soon be able to fumigate in-house.

So you handle cargo to/from Australia?
Are you interested in developing this market and would like more information?
Please contact Executive General Manager of our International Network : Mr. Heath Stewart

Interested in being featured?
Contact GAL and find out how!


Sri Lanka – EDI Manifest Reporting Guideline

A Soft Reminder Again on this rule

With effect from  1st Jan 2016, Sri Lanka Customs and the Ports Authority have implemented strict rules on  reporting EDI manifests for import shipments to Colombo & all shipping agents are required to submit manifests 72 hours prior to arrival of vessel for all imports shipments including LCL, FCL and Consoles. To comply with this rule please forward the documents 96 hours prior to vessel arrival to your handling agent. If any failure, may result in high penalties  (approx USD5000)

China – Implementation of USCC (Uniform Social Credit Code) June 1, 2018

China Customs Authorities (GACC) has unveiled Order No. 56 (2017) which will adjust China Customs Advance Manifest (CCAM) rule for bothe import and export. The new order will be effective from June 1, 2018 and include the implementation of the following :
1) Enforcement of the 24-hour CCAM rule which requires filing of Advance Manifest before 24 hours prior to cargo loading at China mainland ports.
2) The Manifest data must be accurate and complete for all goods under the Bill of Lading (B/L).
3) Full derails of the Shipper and Consignee (or Notify Party if Consignee is TO ORDER) must be provided in the Shipping Instruction (S/I). Due to this adjustment in policy, enterprise Codes are newly required as follows :
– Enterprise Codes of Shipper/Consignee/Notify Party in China
– United Social Credit Code (USCC) or Organisation Code (OC) is required as Enterprise Code
– If the Shipper or Consignee in China has a Unified Social Credit Code (USCC), provide the
USCC in the form of USCI (Unified Social Credit Identifier) + USCC Code.
– If there is no USCC, provide the Organization Code in the form of OC + organization code
– Enterprise Code of Shipper/Consignee/Notify Party other than China, non-China
Shipper/Consignee/Notify Party’s Enterprise Code is required
– Since different Enterprise Codes are used in each country.
– Example of Enterprise Codes :
Japan – Legal Entity Identifier (LEI)
U S A – Employer Identification Number (EIN) or Central Index Key (CIK)
U K – Company Number or VAT Number

/Based on the leaflet from Shenzhen Focus Global Logistics – Ms. Karen Zhang


• McKinsey US study on port and shipping. “Thanks to rate reductions by ocean-freight providers, North American shippers enjoyed about $23 billion in savings from 2010 to 2015. Despite this, they aren’t happy; the service they receive frustrates them. “:

• Maersk at a loss in Q1. And the only answer once more seems cost cutting and hoping for better days:
o Maersk Analysis
o Excellent Jensen analysis:

• “Belling the cat“ – a nice parable that fits our industry:

• This could not have worked out. Maersk not getting support from their peers for its blockchain initiative. And what would be the business model for that Maersk/IBM venture anyway?:

• Expensive accident, Maersk Honam:

• Interesting trial electronic certificate of origin trials in Singapore:

/shared by Dennis de Ruiter – Sea and Shore Services b. v.


On Saturday 6th May 2017, there was leakage of Chemicals from an import container in ICD Tughlakabad, due to which toxic fumes spread in the air, causing irritation, nausea, breathlessness and other related problems, in the residential areas near the ICD. This created a huge panic in the vicinity and many school children (around 500 children) were rushed to the hospitals as an emergency. The fumes spread from a container containing 2-Chloro-5 Chloromethylpyridine, which is used in insecticides and pesticides. The chemical was imported from China.

Appending herewith news article ~

The Sub Divisional Magistrate (SDM) of this area then issued a “Conditional’ order for closure of ICD Tughlakabad, and issued a show cause as to why this Order should not be made Absolute (Attaching herewith, for your reference). However, the Custodians of this ICD (Container Corporation of India – CONCOR) have put this Order on Stay, through the Delhi High Court (Appending herewith)

Concor had a detailed meeting with stakeholders to discuss various issues related to the order received from Sub-Divisional Magistrate (SDM), and a decision was taken as under :-

1. No Hazardous Cargo will be accepted in future for TKD .
2. The Cargo, which has already arrived TKD, if the Bill of entry is already filed, the same may be allowed to be customs cleared at TKD. However, the cargo for which bill of entry is not yet filed, Concor will shift the cargo either to Dadri or Khatuwas as per consignee confirmation. The shifting of cargo will be done at Concor’s cost.
3. For cargo in transit or on water, amendment in IGM for clearance at Dadri or Khatuwas will be allowed and cargo to be cleared at either of these location by customers as per their confirmation.

For Hazardous containers that are in transit (On water) destined to ICD Tughlakabad, the concerned load port needs to check with shipper as to which ICD they would like to change the delivery point, and make suitable amendments in the Bill of Lading.


TIBA SPAIN has recently obtained a HALAL Certification, being the first Spanish Freight Forwarders
to be awarded with such quality certification.



FTS International Express Inc. has expanded to open a new Joint Venture office in the suburb
of Miami, FLORIDA (FL), on Aug 1st, 2016.

For more info, please contact FTS Chicago.

Perfect Solutions for Container Transport and Warehousing

Ten years ago, Sea and Shore Services was launched in the port of Rotterdam: an all-round service provider focusing on container flows between Europe, Asia and the United States. Today, the company employees 34, has 25,000 containers and 500 tonnes of air cargo transported annually and fully takes care of all the logistics needs of customers.

The management of Sea and Shore Services consists of general manager Kees Moolenaar and operational director Dennis de Ruiter, the two founders of the company, and commercial director Dimitri van Bekkum. According to them, their company provides the most efficient solutions for transporting large volumes from A to B. Van Bekkum: “We use all the modes of transport necessary for this. By smartly combining container flows, we can improve efficiency for our customers. One of our strengths is that we have a good balance between imports and exports, which are almost equal in terms of volumes. This enables us to limit the number of empty kilometres and carry out transport more cost efficiently”. Sea and Shore Services works for many different clients in various sectors. DeRuiter. “We are AEO-certified and as a member of the board of the Global Alliance play a prominent role within this global international network of freight forwarders. Furthermore, we are continuously looking for nice markets. One example of this is the overseas transport of complex goods such as recyclables and disposables, both dangerous and harmless (including the entire process regarding environmental compliance). In this respect, we aim to always transport cargo sustainably”.


Warehousing among new focal points

Besides the port of Rotterdam, Sea and Shore Services also operates in Moerdijk and in Amsterdam with warehousing and logistics services; the warehouse in Amsterdam spans 17,000m2. Warehousing is one of the new focal points of the company. Moolenaar: “Some customers are looking for a logistics partner to take on their entire logistics needs at a fixed price per pallet or product. We want to accommodate them in this. We offer storage, cross docking and value-added logistics, while at the same time we can perform highly localised distribution as well. Customers who use us for this can fully focus on their core business”. Since half a year, Sea and Shore Services has been located in a new building in Schiedam. The panoramic view of the Nieuwe Maas River symbolises the new phase which the company has now embarked upon one decade after its inception.

Van Bekkum: “We are a flat organisation with a one-stop shopping concept, short lines of communication with the customer and dedicated account managers for large customers. That will not change. In the coming years, we aim to grow, handle larger volumes and add more logistics hotspots that offer the same high service levels”.


OOCL orders six 21,100 teu units

OOCL orders six 21,100 teu units

OOCL has ordered six containerships of 21,100 teu at Samsung Heavy Industries (Korea) at a price of $158.6 M per unit, with deliv-ery planned in 2017. The capacity advertised by Samsung takes into account additional layers of containers aimed at the repositioning of empties.

These ships will be 400 m long with a 58.80 m breadth allowing 23 container rows on deck. They are similar to the 18,000-20,000 teu ships built or ordered so far, of which 77 units in total have been con-firmed to date.

OOCL is the second partner of the G6 alliance to order ships of this size, after MOL, which unveiled a newbuilding program for six 20,150 teu units one month ago. A total of seven carriers have ordered ships of this class, spread across all four main alliances.