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 www.thestandard.com.hk dd.22 Feb 2021 / 4:38PM HKT
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 […]
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 […]
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 […]
• 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. “: https://www.mckinsey.com/industries/travel-transport-and-logistics/our-insights/ports-and-shipping-the-need-for-solutions-that-cross-lines?cid=soc-web • Maersk at a loss in Q1. And the only answer once more seems […]
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 […]
TIBA SPAIN has recently obtained a HALAL Certification, being the first Spanish Freight Forwarders to be awarded with such quality certification.
FTS INTERNATIONAL EXPRESS – MIAMI BRANCH 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.
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 […]
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 […]