News

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

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

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

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

RECENT INTERESTING READS

• 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,

CONDITIONAL ORDER FOR CLOSING of TKD – DELHI

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

TIBA SPAIN OBTAINS HALAL CERTIFICATE

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 – 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.

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,

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

Hanjin to offer a ninth FE-North Europe service

Hanjin to offer a ninth FE-North Europe service Hanjin is to add a further Far East-North Europe loop through slots on CMA CGM’s ‘FAL 1’ service, part of the ’Ocean

Far Eastern port of Zarubino – “right place” for the transshipment of containers from China to China

Far Eastern port of Zarubino – “right place” for the transshipment of containers from China to China In order to attract 1.2 million transit containers Ministry of Transport intends to

Lithuanian carriers say simplification of entry into Russia, although officially this was not mentioned

Lithuanian carriers say simplification of entry into Russia, although officially this was not mentioned. Total inspection of trucks with Lithuanian numbers on the Latvian-Russian border stopped, and now for the

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity

Gazprom Neft and Vietnam Oil and Gas Group (Petrovietnam) have signed a series of agreements to extend their collaboration activity. The documents were signed in Hanoi (Vietnam), in the presence

Chinese investor intends to participate in the construction of Ring Road in Moscow

Chinese investor intends to participate in the construction of Ring Road in Moscow. JSC “DSK” Autobahn” signed with the Chinese company Jiangsu Baoli Asphalt Co., Ltd. a Memorandum of Intent

CHINA CLARIFIES VAT RATE FOR INTERNATIONAL CARGO TRANSPORT AGENCY SERVICE

CHINA CLARIFIES VAT RATE FOR INTERNATIONAL CARGOES TRANSPORT AGENCIES SERVICE On July 4, the State Administration of Taxation (SAT) released the “Announcement on Value-Added Tax (VAT) Issues in International Cargo
insert news title here

31st AUG 2014, THE DEADLINE FOR RECEIVING CONTAINER AND GENERAL CARGO VESSELS AT SULTAN QABOOS PORT

31st August 2014, the Deadline for Receiving Container and General Cargo Vessels at Sultan Qaboos Port Source : Oman News Agency ( website) http://www.omannews.gov.om/ona/english/newsMore.jsp 31st August 2014, the Deadline for

AITKEN SPENCE IN FIRST-EVER PUBLIC-PRIVATE PARTNERSHIP BY A SRI LANKAN COMPANY OVERSEAS

Aitken Spence in first-ever Public-Private partnership by a Sri Lankan company oversea (Business Times, as relayed by Aitken Spence) Aitken Spence recently entered into a public-private partnership with the Fiji

CHONGQING AND CHENGDU THE INLAND CHINA STARS

Chongqing and Chengdu the inland China stars By Raymond Duan Chongqing Upgraded infrastructure and services for logistics and foreign trade promise bright prospects for information technology producers and supply chain

China wants to join transport policy body

China has officially declared its intention to join the International Transport Forum, an intergovernmental organisation linked to the OECD that deals with transport policy issues. The vice-minister for transport, Gao

Going greener means a discount for ships at Antwerp

Signing-up for new index could bring cheaper tonnage dues at ports. The most environmentally-friendly vessels that call at the Belgian port of Antwerp will get a discount of 10% on