U.S.-China Trade Friction India and The East Association Economic Development Continues Strong
20191024 Taiwan's New News Shipping Network
Chen Weiqiang/Taipei Report: Despite the volatile economic situation between the United States and China, the economic development of India and the Association of East Asian Nations continues to be strong, bringing many opportunities and challenges to Taiwan's industry. The Investment Business Office of the Ministry of Economy said that the recent changeins in the investment environment in mainland China, fuelled by the U.S.-China trade conflict, prompted Taiwanese businessmen to rethink their layout strategies in mainland China and respond to strategies such as adjusting production lines or shifting production bases.
In addition to high-level industry investment back to Taiwan, but also rely on a large number of labor force or a large area of land production demand of the industry to the new south to the national layout, for these manufacturers, the government will be in the "new south-bound policy", according to the needs of manufacturers and industrial characteristics, to help the smooth transfer of production bases. In order to assist Taiwanese businessmen to grasp the information of the New South-to-South industrial chain and smoothly transfer the production base, the Investment Business Office of the Ministry of Economy held a "23rd" yesterday ." New South to the electronic industry industry map seminar", invited the international lying research institutions economists (EIU) to analyze the impact of U.S.-China trade frictionon on the global economy, as well as the future of new economic trends in Asia;
Information on the electronic industry chain in countries such as the Philippines, Thailand and Vietnam, and invited representatives of enterprises in Xinnan to share their experiences in investing in real-world areas. The Investment Business Office of the Ministry of Economy said that Taiwan businessmen in mainland China for many years, has gradually established an industrial supply chain and cross-strait division of labor model, due to the new south to the country's different degrees of economic development, the industrial investment advantages and conditions are also different, this year the department for the U.S.-China trade conflict deeply affected by the electronic industry, the Commission for the Institute of Obstetrics and Industry International
"New South to the Electronic Industry Map" research, for the electronics industry in the new south to focus on the overall situation of the six countries, electronic industry trends and policies, industrial structure and settlement, international manufacturerlayout, etc. to carry out the analysis, this meeting is for the above-mentioned research results, to provide the intention to transfer production base to the new south to the national electronics industry manufacturers reference.
EIU analyst Mr. Nick Marro, speaking on the topic of "Looking ahead to the big trends in Asia", said that despite the volatile economic situation in the face of u.S.-China trade frictions, the continued strength of economic growth between India and the Association of East Asian Nations also presents many opportunities and challenges for Taiwan's industry. The Investment Business Office pointed out that in the face of U.S.-China trade, it will assist Taiwanese businessmen in their global presence and continue to grasp the international economic situation, and that the Investment Office will combine with manufacturers interested in moving to New South to the country.
Taiwan Investment Window (TaiwanDesk) and the Ministry of Economy's foreign units and other domestic and foreign networks, to provide investment advisory services, and depending on the needs of manufacturers from time to time to organize investment missions, to overseas industrial areas on-site visits to help operators assess suitable industrial zones. During the meeting, representatives of manufacturers with rich experience in the layout of Xinnan were invited to hold a symposium on "Electronics New South-to-South Investment Experience" and share their practical experience in overseas investment, including Li Honglong, Chairman of Tai Electronics, Ye Qingquan, Chairman of Xinzhong Electric Co., Ltd., Huang Guanren, Senior Director of Xinjinbao Group, Chen Zhongguang, Deputy General Manager of Daya Wire and Cable, etc.
provider's multi-faceted investment evaluation information. Taiwan's New News Shipping Network
17 closed down! IBA: aviation industry has gone bankrupt at the fastest speed in history so far this year
13:46 on October 9, 2019
Moneydj news 2019-10-09 13:46:23 reporter Chen Ling reportsThe aviation industry has set off a wave of bankruptcy. Jet Airways in India, Thomas Cook in the UK and avianca in Brazil have successively closed down. This year, the speed of bankruptcy in this industry is the fastest in history.
According to the International Bureau of aviation (IBA), a consultancy, aviation industry bankruptcy grew at the fastest speed in history in 2019, with 17 businesses falling this year to date, Reuters reported. Experts expect this trend to continue. Phil Seymour, IBA's chief executive, said that the last quarter of the year is the winter in the northern hemisphere, and more airlines will usually go bankrupt.
The main reason for the dismal situation in the aviation industry is that the competition among low-cost operators has intensified and weak companies have been defeated. Moreover, the dollar has increased fuel costs strongly, which is detrimental to companies outside the United States; they sell tickets in euros or pounds, but they need to buy airliners and aviation fuel in dollars. In 2019, there are also Aigle Azur and XL airways in France, Germania in Germany, flybmi in the UK and Adria in Slovenia.
Zerohedge reports that before and during a downturn, the airline industry tends to accelerate bankruptcy. Judging from the collapse of the aviation industry this year, the global economy in 2020 may not be very optimistic.
According to Reuters global airline index, the airline industry fell into a low tide in early 2018 , JPMorgan's Global Manufacturing Purchasing Managers Index (PMI) also peaked in the first quarter of 2018 .
Tariff war barely! Toy maker Hasbro profit Johnson shares fell 18 years in the worst
MoneyDJ news 2019-10-23 10:36:24 Reporter Guo Yanxi reported
in impact of US tariff war on the United States gradually emerging, toy maker Hasbro (Hasbro) due to tariff problems caused freight, warehousing costs increase, and prompted retailers to cancel or change an order affecting third-quarter earnings far less than the original forecast of Wall Street . Hasbro shares plunged 16% after hearing the news upward, its biggest one-day drop in 18 years.
Reuters, MarketWatch, Britain's Financial Times reported, Hasbro said Sunday that the United States plans to December 15 on the list of 301 4 (List 4) 15% levy tariffs on products, which led to many retailers canceled directly to the country foreign import orders, change from the domestic purchase. In order to stock transfer to the United States, to meet the needs of retail customers, Hasbro must eat extra freight and warehousing costs, miserable. In addition, the company also enough time at the end of Q3 so that all orders shipped in full.
Hasbro CEO Brian Goldner 22 Ri in the earnings conference call that Listing 4 covers the majority of the company's product line in the future, I am afraid there will be more retail customers to cancel orders for overseas imports, requiring the company to supply the United States.
Hasbro two-thirds of US products imported from China, other countries are currently looking for suppliers and to raise the prices against increasing tariff costs. The company has adjusted the price of some products, to ease the impact of tariffs took effect in September.
Goldner said, "tariffs apparently cause short-term disturbance to growth prospects."
Hasbro released Q3 22 earnings per share in this industry only $ 1.84 and $ 2.21 is far better than analysts had forecast, revenue was only from last year's 15.7 billion US dollars rose to $ 1.58 billion and $ 1.72 billion as good as Wall Street had forecast.
Hasbro 22 hearing gapped fell 16.76 percent, to close at $ 100.02, one breath whipped break the 200-day moving average, and the highest since June 3 closing low. This is Hasbro share price since December 2000, the biggest one-day drop.
US industry by tariffs of more than toy manufacturers. US specialty tile retailer Tile Shop Holdings 22 issued a press release announced that it will voluntarily since the Nasdaq (Nasdaq Stock Market) under the city, the last trading day should be 8 November 2019. Tile Shop 22 Ri hearing the tragic collapse 66.27 percent, to close at $ 1.13.
MarketWatch reported that affected the Sino-US trade war, the cost of housing repair materials soared sharply higher. Tile Shop CEO Cabell Lolmaugh in a press release said that after careful review of the cost structure, the Board agreed to voluntarily since the Nasdaq under the city, cancellation of registration with the US Securities and Exchange Commission (SEC), thereby saving costs.
The global shipping industry is nervous when sulfur restriction comes
With less than three months to go before the new regulations of the International Maritime Organization's sulfur limitation order come into effect, it is expected that most ships in the global shipping industry will switch to qualified low sulfur fuel, and the operation cost will increase accordingly. But the price difference of high and low sulfur fuel is huge and difficult to predict, so choosing low sulfur fuel and desulfurization device is becoming the most difficult problem for shipowners.
S & P global Proctor expects that by 2020, most of the world's ships will operate on low sulfur fuel, which means that about 3 million barrels of high sulfur fuel will be replaced every day, and fuel prices are likely to rise. S & P global Platts believes that by next year, low sulfur fuel will be $240 more expensive than high sulfur fuel on average. By 2023, the price difference between the two fuels will gradually fall to $80 per ton.
On the other hand, KPI Bridge oil, an oil trading and brokerage company, predicts that fuel prices will rise by $160 to $180 per metric ton next year. By 2020, Deloitte expects that compliant low sulfur fuels will be $240 per metric ton higher than high sulfur fuels.
However, the price difference between high and low sulfur fuels varies greatly, and it is difficult to predict the actual cost and trend. The data shows that on September 6, 2019, the price of high sulfur fuel is 338 US dollars, and that of low sulfur fuel is 553 US dollars, with a price difference of 215 US dollars; however, on September 12, the price of high sulfur fuel is adjusted to 380 US dollars, while that of low sulfur fuel is reduced to 535 US dollars, with a price difference reduced to 155 US dollars. The cost of producing low sulfur fuel is more than $75 per ton higher than that of high sulfur fuel, according to oil traders. The difference of oil price determines whether the owner is willing to install desulfurization scrubber, and also affects the future cost recovery and amortization time.
Alixpartners, a global consultancy, said the rules could put eastbound shipping companies on Asia America routes and Asia Europe routes at risk. These routes together account for about 20% of the global volume, with an additional cost of up to $3 billion, which is expected to be borne by shippers and freight forwarders.
Lars Jensen, chief executive of seaintelligence consulting, stressed in March that the bill should be paid by the shipper and that no one else would pay for it. It is estimated that the sulfur restriction order will increase the cost of the whole transportation industry by about 10 billion to 15 billion US dollars annually, while in the past seven years, the total profit of the whole shipping industry is about 8 billion US dollars.
Some shipowners said that the price fluctuation of low sulfur oil market is too big to predict the results in the industry. Now shipowners are also facing the dilemma of whether to install scrubbers or use low sulfur oil. The fluctuation of low sulfur oil price will not tend to be stable until the end of the first quarter of 2020, and the future operating cost expenditure will increase accordingly.
Industry insiders predict that about 200 of the 5000 container ships will be equipped with exhaust scrubbers by 2020, and the remaining 96-97% will use low sulfur fuel or LNG. It is worth noting that the Panama Canal has also recently banned the use of open-loop scrubbers, while many regions and ports around the world have already banned the use of open-loop scrubbers.
(source: international ship network)
Yantian Port to build the world's first 200,000-ton fully automated terminal
As the only large-scale enterprise situ-in-the-sea enterprise group in Shenzhen, Sun Bo, chairman of Shenzhen Yantian Port Group Co., Ltd., said that Yantian Port Group will be integrated into the construction of the Great Bay Area of Guangdong, Hong Kong and Macao and the "Belt and Road" initiative, promote the construction of the smart port artificial intelligence laboratory and 5G smart port area, and vigorously promote the construction of the fourth generation of port,
We will accelerate the construction of the world's first 200,000-ton fully automated terminal in the East Operations Zone of Yantian Port Area, and help Shenzhen build an international shipping center.
Reporters in Yantian Port Group exhibition area saw the smart port's exquisite presentation: operators through the remote control center, the two-car shore bridge main car manual intervention, complete the container from the ship to the shore bridge flat loading and unloading, the shore bridge side car automatic operation, complete and horizontal transport equipment between automatic loading and unloading, without accurate position and preparation waiting. Sun Bo said that in the future, joint fund companies and maritime-related enterprises will jointly set up an marine industry development fund, explore the establishment of an ocean science and technology industry incubation fund to support the introduction of marine science and technology industrial park, and actively participate in the establishment of the National Marine Development Bank, foster shipping insurance and reinsurance, marine industry asset securitization and other business,
Form a characteristic product system and financial services solutions. (Source: Port Circle)
Three new berths Port Qingdao Port is about to dock acceptance of foreign enabled
15th peninsula reporter learned from the Municipal Port Office, the same day, the port of Qingdao Qianwan Port in Dubai (one project) 105, 106 berth marina, China Petroleum Offshore Engineering (Qingdao) Co., marine construction base (one project) and other three berths, the provincial government passed the organization's foreign enable joint inspection group acceptance, approval pending official opening enabled.
The same day, the expert inspection team on the ground view of the above construction of three berths and the port of inspection facilities, the Qingdao municipal government to listen to the case concerning three new berths to enable the preparation of external reporting. Inspection team of experts agreed that the three new marina berths port of Qingdao Port has announced the Foreign enabling conditions, agreed to officially enabled, to be reported to the provincial government for approval.
Three berths port of Qingdao Port to enable the new quay outside, to the port of Qingdao achieve transfer mode, adjust structure, creating Peninsula Blue Economic Zone core and high-end industrial clustering, promote the rapid development of the port in Shandong, the province realized from the "Port province," the "port province" leap of great significance.
(Source: Peninsula Network)
Pacific Shipping: Dry Bulk Freight Market Grows Significantly in Q3
Pacific Shipping announced that the average daily rent for the standard lease of small and super-sage dry bulk carriers was $9480 and $11580 in the third quarter, representing an increase of 3% and 7% over the first half of the year. In the first nine months of 2019, the group's average daily rent performance for the sub-contract equivalent of the small spirit and super-spirited dry bulk carriers was 42% and 21% higher than that of the Baltic Sea Poith (BHSI) and the Baltic Ultra-Spirit (BSI) Dry Bulk CarrierIndex, respectively.
It is worth noting that the significant improvement in freight rents in September will mainly contribute to the Group's fourth-quarter revenue due to the time gap between the signing of spot freight contracts and their actual implementation.
In the first nine months of this year, the average daily rental performance of the on-time rental contracts of the Small Spirit and Super Spirit dry bulk carriers was 42% and 21% higher than that of the Baltic Sea Small Spirit (BHSI) and The Baltic Ultra-Spirit (BSI) Dry Bulk Carrierindex, respectively. On 11 October, the Group's lease for the final quarter of 2019 was as follows: 67 per cent of the 10420 small-scale dry bulk carrier days were contracted at an average daily rent of approximately $11,450 (net) (same period 2018: 68 per cent had been contracted at an average daily rent of $10,560 (net) )
Of the 6920 super-seinted dry bulk carrier shipping vessels, 74 per cent have been contracted at average daily rent of approximately $13,660 (net) (same period 2018: 78 per cent have been contracted at average daily rent of $1,170 (net) and the contracted rent for the fourth quarter or more is 21 per cent and 18 per cent higher than actual income for the third quarter, respectively. The dry bulk freight market grew significantly in the third quarter, with rents in all dry bulk freight divisions rising to multi-year highs in early September. Grain exports from South America and the Black Sea region were strong seasonally, with U.S. Mississippi grain and Brazilian iron ore exports returning to normal levels before the earlier disruption, all of which contributed to improved demand.
However, due to the time gap between the signing of spot freight contracts and their actual implementation, the significant improvement in freight rents in September will mainly contribute to the company's revenue in the fourth quarter. (Source: Caihua News Agency)
Drury: global ports will enter the era of 1 billion TEU traffic volume
[reporter Zhou Jiayang / Taipei report] according to the annual review and forecast 2019 of global container terminal operators by drew, a well-known British Maritime consultancy, it is estimated that the demand of container ports will grow by 4.4% on average and the global container traffic volume will reach 9.00 by 2020. About 700.3 billion TEU, compared with about 780.4 billion TEU in the world last year.
Drury said that in the next few years, Asian container ports will account for the largest proportion in the growth of global container transportation volume, especially in mainland China and Southeast Asia, which will increase the average utilization rate of terminals.
Drury stressed that although the absolute growth value of global container traffic volume in the next five years is close to 1.9 billion TEU, it is still far from the rapid growth in the 1990s. Before the global financial crisis of 2007-2008, it is predicted that the growth rate will be about 9% every year, which will cause chaos at this stage. The agency believes that in the future, global container port demand will present "moderate growth and many uncertainties". In terms of region, Asia will continue to account for the largest proportion of new traffic provided by the port industry in the next five years, even though the growth of each region is not the same.
Drury estimated that the port traffic volume in Asia is expected to increase from 420.3 billion TEU in 2018 to about 530.8 billion TEU in 2020, with a compound annual growth rate of nearly 5%; in the future, the average annual compound growth rate in the Middle East will be the highest, reaching 5.1%, and in the next five years, the port traffic volume in this region will increase from 69 million TEU to 89 million T EU: it is estimated that the CAGR in Africa is 4.1%, while that in South America, North America and Europe is 3.7%, 3.6% and 3.4% respectively.
Drury said that the global container port capacity is expected to grow at a compound annual growth rate of about 2% per year, but this is only based on the proven growth. It is still far below the expected growth demand. Observing the continuous slowdown of investment in the past few years will help to significantly increase the utilization rate of the wharf, from the average level of about 70% last year to about 79% in 2013. The agency estimates that the utilization rate of the wharf in mainland China and Southeast Asia will even reach nearly 100%.
Industry sources said, as companies fear in violation of US sanctions against Iran and Venezuela, the world's nearly 300 tankers were closed to traffic, causing freight rates rose to a new high.
Industry data sources and Refinitiv Eikon website shows that this initiative has resulted in about 3% of the world's oil tankers out of the market, leading to obtain the oil tanker and shipping to Asia soared.
Asia a crude oil trader said on Friday: "shipping costs are soaring, people are very nervous about the cost of transportation.
China Petrochemical (Sinopec) owned trading company Unipec, Swiss trader Trafigura AG, Oil Equinor ASA, Exxon Mobil (Exxon Mobil Corp.) are avoided in the past year of 250 Venezuelan oil transport crude oil and refined oil tankers.
oil also avoid the use of China ocean shipping company (Dalian) owned 43 tankers. earlier, the United States last month to China shipping giant COSCO Group's two alleged transport of Iranian crude oil tankers imposed sanctions.
traders and shipbrokers said, COSCO Dalian has the world's supertanker (VLCC) fleet of 3% of the shares, the lack of its ship is to promote super tanker transport in the past two weeks daily price hit a new high of the key factors.
tankers research area director of shipbroker Braemar ACM's Anup Singh (Anoop Singh) said:. "ship sanctions, it is difficult to trade. "He was referring to COSCO Dalian tanker.
He added that the interruption of Saudi oil facilities recently suffered attacks caused by ships and ban last year on the implementation of the Venezuelan port, the tanker market exacerbated tensions .Braemar estimated that from 20,201 month, and another 23 VLCC will stop service, install emission cleaning equipment to meet stricter global marine fuel requirements.
since the United States in recent months to increase sanctions against North Korea since, leading to the main crude oil supply in Asia VLCC freight line rose sharply.
PetroChina (petrochina) wholly-owned Singapore Petroleum (singapore petroleum co) said on Friday that the company was in early November, temporary rental Houston VLCC (vlcc houston) loading crude oil into China in the Middle East, tariffs for 205 Worldscale this may be the highest tariffs currently on the market.
According to one shipbroker said the exchange rate before the sanctions as W67.
US Gulf VLCC rates to Asia, the world's longest crude oil transport routes, this week hit a new high of $ 14 million, raising the cost Asian oil buyers.
U.S. retail imports are expected to surge by December
The Global Port Tracker Report, published by the National Retail Federation and the Hackett Associates, shows that imports from major retail container ports in the United States are expected to reach their highest levels this year in November, just before more tariffs take effect in December.
A new 15% tariff on consumer goods from China came into effect in early September and is scheduled to expand to additional goods on December 15, with a total import of about $300 billion. In addition, a 25% tariff on imports of $250 billion already levied last year is planned to increase to 30% on October 15.
Jonathan Gold, NRF's vice president for supply chain and customs policy, said: "This is the last appropriate opportunity to import goods before almost all U.S. imports from China are subject to tariffs."
"There is no doubt that U.S. trade policies and enforcement mechanisms have led directly to a slowdown in global economic growth," said Ben Hackett, founder of Hackett Associates. Nevertheless, imports continue to grow, as retailers bring goods into China before tariffs. "The strong momentum of retail consumption will push any substantial import slowdown until next year, when the full impact of the tariff war will be translated into consumer feels consumption tax."
U.S. ports covered by Global Port Tracker processed 1.97 million TEUs in August, the latest after-the-fact data. The figure is 0.2% higher than July and 3.9% higher than the same period last year. It is the second highest number of imported containers in the year, with 2 million in October last year.
With the new tariff coming into effect, the September figure fell, with an estimated 1.9 million teus, an increase of 1.6% year-on-year. October figures are expected to be 1.93 million vehicles, down 5.1% from last year's record sales. November is expected to be 1.97 million TEUs, an increase of 8.9% over the same period last year, and the second highest number of containers per month in parallel with August. But imports fell to 1.78 million TEU in December, down 9.3% from the same period last year. Import declines in November are expected to follow December tariffs, but historically, December imports have fallen considerably as most holiday goods arrived in the United States before November.
There were 10.5 million jobs in the first half of 2019, an increase of 2.1% over the first half of 2018, and a new record of 22 million jobs is expected in 2019. This is 1.2% higher than last year's record of 21.8 million TEUs.
January 2020 is expected to have 1.86 million standard boxes, down 1.9% from January 2019. February is usually the slowest month of the year because factories in Asia are closed for the Lunar New Year. February is expected to have 1.59 million standard boxes, down 1.8% from the same period last year.
The Global Port Tracking System covers ports such as Los Angeles/Long Beach, Auckland, Seattle and Tacoma on the West Coast of the United States; New York/New Jersey, Port Virginia, Charleston, Savannah, Port Evergrees, Miami and Jacksonville on the East Coast, and Houston on the Gulf of Mexico.
Customs Additional Order Counter Delivery List Management Regulations 20191009 Taiwan New News Shipping Edition
In order to strengthen the management mechanism, the Customs Department has recently amended the provisions of the Manual of Operations for the Implementation of Autonomous Management by The Operators of Cargo Stacks and Container Distribution Stations, and updated the standard operating procedures for the scrapping and reprinting of container (item) transport orders, which are implemented by the operators of Keelung Guan. Mr Keelung-guan pointed out that two to seven dedicated personnel ( including one supervisor ) should be placed in the case of self-management who have been approved to implement autonomous management . In order to strengthen the management supervision mechanism and effectively control the movement of goods, the Customs Department amended and issued an operational manual for autonomous management, which Export and re-export joint operation items" item 18 additional order cabinets (things) delivery orders (items) for invalid or repeated printing, should be approved by the responsible person in charge (or authorized agent) and recorded in the computer system for the reasons for invalidity or reprinting for customs inspection, if found to be abnormal or illegal cases, should immediately notify the Customs, and the container (items) shipped single-way three-way should be stamped
The words "void" are kept for inspection by the special agents.
In order to maintain the security of border cargo movement, customs will continue to refine the control mechanisms, and regularly or irregularly carry out audits, calling on operators to cooperate with the relevant provisions to jointly prevent illegal smuggling. Taiwan's New News Shipping Network
Vietnam's import and export of goods origin confirmation issued new regulations 10/21 with effect
[Reporter Chen Weiqiang / Taipei】 New South attention to the industry! Vietnam's Ministry of Finance issued regulations confirm the origin of import and export goods, and add the relevant certificate of origin refused to accept the case, the new rules will take effect from the present 21 (ten) months.
The new rules stated that if the goods have been holding a certificate of origin at the time of import formalities, but for customs declaration fails to provide the certificate of origin number, date of issue, or when import formalities have not yet hold a certificate of origin, and to declare people nor delay the payment application in accordance with the provisions of the announcement on the import declarations, Customs refused to follow the provisions of certificate of origin. If the applicant apply for delayed payment of certificates of origin, but to fill expired after the declaration and payment of Customs may refuse certificate of origin in accordance with law.
Different tariff codes on the tariff codes (HSCode) on a certificate of origin related to the import declaration, and is described on the certificate of origin on file with the description of the goods import declaration, different actual goods, but there is confirmation of the goods under the customs is a tariff codes declared the import declaration to supplement the import declaration when compliance with the origin criteria, acceptable goods origin certification file; if different tariff codes, and certificates of origin on the file description of the goods and import declarations described, different actual goods, Customs according confirm when the goods were not imported the goods on the certificate of origin, the Customs shall reject the goods on the certificate of origin of goods, and notify the Customs in accordance with regulations to electronic data processing system.
If the tariff on the number of certificates of origin and tariff codes different columns on the import declaration, but on certificates of origin and on the import declaration, the actual import of the goods described in line, such as customs unfounded unit can be confirmed on the import declaration one of the origin of goods carrying the tariff number column into line with the requirements of the standards, customs procedures will be confirmed in accordance with regulations.
The new agreement CPTPP confirm the origin of the standard counseling, to confirm the framework agreement CPTPP import and export goods of origin to apply special preferential tax rate; declare, pay, and refused to confirm the origin of goods import and export documents to perform CPTPP agreement; proof of payment of the origin of goods point in time documents to apply special preferential tax rate; the minimum documentation requirements of the origin of goods.
If a Member State CPTPP notification using only the powers and responsibilities of agencies or exporters, certificate of origin issued by the manufacturers themselves, receive a notification message within one working day, the Customs Administration will notify the relevant certificate of origin using the form above provincial and municipal Customs Office Listing the powers and responsibilities of the office shall issue a certificate of origin of export goods the Member States, was approved exporters, manufacturers list and other information.
If the issuance of a non-member commercial invoice, customs origin of the goods receiving documents to apply special preferential rates. Certificate of origin of the goods will have to separate the above-mentioned issue of the commercial invoice. If the transport of goods through the territory of one or more non-member countries, who pay a customs declaration documents according to the announcement.
Notice clear that denial of the origin of goods customs documents: identification of imported goods does not comply with the provisions of law applicable preferential tariffs; does not have sufficient information to confirm the time to confirm the origin of the origin of goods; from the General Administration of Customs confirm the origin of the proposed inspection requirements date Ba Yi passed since ○ days, while exporters or manufacturers or issue certificates of origin of authority and responsibility to respond in writing whether or not consent to the inspection requirements.
Before deciding to reject proposed import certificates of origin, the Customs Administration to provide advance information to confirm, the exporter or manufacturers or issuing authority and responsibility of the certificate of origin of goods in accordance with the provisions of the notice to confirm the results. Exporter or manufacturer or exporter of authority and responsibility at the latest ninety days notice of the General Administration of Customs, provide supplementary information about the origin of goods. If refuse to apply special preferential rates, the Customs shall notify in writing the reasons for refusal importer.
Taiwan Shin Sheng Daily News shipping network
TAIWAN's Wan Hai Lines is to launch the Korea-China-Indonesia-Vietnam "CKI" service at the end of October.
"This new service will help to expand Wan Hai Lines' network by providing a new direct service between South Korea, East China and South East Asia region," the shipping line said.
The CKI service will be jointly operated with Korea Marine Transport Co Ltd (KMTC) by using four vessels, each with a capacity of 2,500 TEU. Wan Hai Lines will deploy one vessel and KMTC will deploy three boxships. CKI's maiden voyage for Wan Hai Lines will commence from Pusan port on October 31, 2019.
Japan's consumption tax rose to 10% of the economy of trial
[Reuters] CNA day Tokyo Japan's consumption tax rate hike today by the eight percent to ten percent, the Japanese government to avoid affecting the economy, the implementation of some of the goods to reduce the tax rate system . The tax increase will be used to reform social security, but the global economic tone of the occasion, the Japanese economy is facing challenges.
Japan's consumption tax was implemented in April 1989, when the tax rate is three percent, then in 1997 the tax rate was increased from three percent to five percent in the second ○ Yi Sinian then increased from five percent to eight percent. Consumption tax after three years, the hike from the eight percent to ten percent of third-degree hike.
Consumption tax rate divided by the two-stage hike five percent to ten%, is two ○ Yi Ernian Democratic Party was in power, and when the opposition Liberal Democratic Party, New Komeito reached a "three-party consensus" of the decision. ○ the end of 2012, Liberal Democratic Party leader Shinzo Abe took power, as planned in April ○ Yi Sinian consumption tax hike of five percent to eight percent, but was originally scheduled Er ○ Yi Wunian Shiyue to hike ten percent, then twice postponed.
This is mainly Abe government in view of the April ○ Yi Sinian rose after-tax economic downturn, and therefore twice postponed. ○ Yi Er consumption tax hike in April Sinian Japan is said to be brought nightmare. Since personal consumption is low, two ○ Yi quadrennial Japan's gross domestic product (GDP) reduction ○ ‧ four percent, showing negative growth.
The consumption tax hike to ten percent, the Abe government within the second degree of any consumption tax hike, Abe government is the first ruling regime within two degrees of any consumption tax hike.
To remember the previous lesson, avoid low-income people be greatly affected, Abe government in this year's budget which provision is made for two trillion yen to cope with the scale of measures costs. The implementation of the system to reduce the tax rate, Japan is the first time the introduction of this system. Among the necessities of life, in addition to wine and eating foods and beverages, as well as regular newspaper subscription rate to maintain the eight percent.
For example, today 7-11 convenience stores to purchase food, food a total of three, then four hundred fifty-eight yen, set out the consumption tax rate (eight percent) thirty-six yen, the total amount payable is four hundred ninety-four yen on the receipts. If the purchase of non-food commodities, then the consumption tax is ten percent. However, if the purchase of convenience stores use patterns of non-cash payments, will receive two percent of the points back.
Small and medium sized retail stores through the application review can be the implementation of non-cash payment points feedback system, in principle, the consumer will receive five percent of the feedback. The Japanese government also issued coupon value of goods, the implementation period until March Er ○ ○ years. This is the people ○ to three and a half year old child issue for low-income families and homes. In addition, the Japanese government subsidies given to five thousand yen a month pension for life by the people.
Increase the amount of consumption tax hike for more than half of the originally scheduled to sound financial debt, but Abe government do to change a part of early childhood education for free and so on. This includes childcare fee (daycare) in principle, free to children aged three years old, low-income households ○-year-old to two years old children is free of objects.
The Japanese government has also implemented a car and buy a house tax cuts, expansion of institutional living to pay gold. Er Er ○ ○ High School since April implementation of free education, free private high schools essence of the system.
In the car, the Japanese government cancel the acquisition tax when people buy a car, the required annual car tax cut. In terms of buy a house, home loan can be deducted from income tax during extended by a decade of ten years.
In the living Income Payments, the implementation of the annual revenue target five hundred thousand yen of age, annual income seventy-seven expanded to fifty thousand yen of age, up to the amount of payments increased from three hundred thousand yen to five hundred thousand yen. Er ○ ○ Nian Er Siyue the implementation of free secondary education, free private high schools essence of the measures.
The Nihon Keizai Shimbun reported that the consumption tax hike will lead to people living family budget burden becomes heavier, not good use of non-cash payments or elderly people may prefer to save rather than to buy things. Currently about 40 million people living mainly by pension tightening purse if so, the overall level of personal consumption may decline.
In response to this tax increase is needed to the increase in social security contributions aging, stride forward by the reform of the burden of the people, but by the next US-China trade war intensifies and other global economic tone of the situation, the national burden augmented fourth year ‧ six trillion yen, the slow recovery of the Japanese economy will be tested.
Taiwan Shin Sheng Daily News shipping network
DHL Prediction: World Trade Is At a Critical Moment 20191002
(Journalist Chen Weiqiang/Taipei Report) DHL released the latest "Global Trade Barometer" (GTB) forecast that global trade will decline further between September and November 2019, with the overall index falling by a little to April 1, indicating that global trade will decline further.
However, compared with the previous report of the GTB index fell by eight points, the downward trend has slowed significantly. The latest GTB report points to the slight differences in the economies of the seven major indicators, compared with the previous report. All indexes are close to 50 points, but once the index is greater than 50, the economy enters a long-term development.
Five of the seven index countries showed slightnegative growth, with an index below 50. Eswar S. Prasad, a professor of trade policy at Cornell University in New York, points out that trade tensions between China and the U.S. have risen to a higher level, affecting global trade, and that companies are adjusting to new realities as the two countries enter a longer trade war.
Trade tensions in other parts of the world also continue to rise, including Japan and South Korea, as well as a chaotic Brexit outlook, which could further worsen global trade. Uncertainty about the overall outlook for economic growth has dragged down business investment around the world, negatively affecting cross-border trade in machinery and equipment. Household consumption, which is more high in large economies, remains strong, but consumer-durable and fiscal-related trade is stagnating, which could lead to weak future GDP growth.
Overall, the GTB update confirms the slowdown in global trade, highlighting concerns about global trade stagnation in the coming months. Only the UK and Japan have indices above 50, according to the report, which predicts positive growth momentum over the next three months (both are 53 points).
A quarterly comparison shows a seesaw pattern in the two indices, with Japan's trade shifting from stagnation to positive growth, while the UK's three points from the previous recession.
As Brexit uncertainty persists, the UK's air and sea trade has both fallen, with a cooling of trade in a number of industries, particularly consumer goods, industrial raw materials and vehicle and car components.
Japan's trade, in contrast, rose by three points from the previous report and appears to show accelerated growth. This positive development was boosted by the resumption of Japan's maritime trade climate, with an increase of six points to five points, mainly due to the strong growth of industrial raw materials, the simultaneous driving of seaborne exportoutlook higher.
Even so, Japan's performance this quarter has been less positive, with all other industries expected to contract.
Tensions between China and the United States will impact its own trade development, and the continuing warming of trade conflicts will lead to a depressed overall trade climate and the worst possible U.S. and China's September trade outlook.
The report predicts that U.S. trade will continue to contract, still at a negative growth rate of 45, although up a point from the previous period. The Outlook for Air and Sea transport in the United States remained virtually unchanged compared to the last index update. On China's trade, GTB's estimate fell four points to four or five.
The main reason for this negative growth was the weak performance of China's air transport, which has fallen by 8 points to 43 points in the past three months.
With the exception of the United States and China, South Korea is one of the three countries with a general index outlook of only 45 points.
The indices in Germany and India also fell below the 50-point level, to 48 and 49 respectively. Taiwan's New News Shipping Network
Container shipping September rates fell 43% from last year!
Ocean Alliance forced to cut flights
The recent tariffs on Chinese exports to the United States have not prompted the willingness of U.S. importers to place orders in advance, leading to a straight drop in container shipping rates, a 43 percent collapse in September, and many shipping operators being forced to cut flights. The current spot price for the Baltic Freight Daily Index from China to the west coast of North America is down 8 per cent from a week ago to $1,327 per 40-foot-long standard container (FEU), the world's largest freight news network, FreightWaves reported Tuesday.
Container shipping rates have fallen by 34% so far this year (see here). Go to (2018) many operators rush to China before the introduction of new tariffs, resulting in a relatively high base period.
Spot prices in September are now down 43 per cent from a year earlier and 14 per cent from 2017. Eytan Buchman, marketing director at Freightos, a logistics technology services platform, said the industry's lukewarm response to the latest tariffs may have been the main cause of the September rate collapse. "The impact of the latest tariffon on the market is not as high as in previous rounds, except that the US has given only a short five-week forecast period, and this round of tariffs is one of the reasons for its limited coverage.
」 Buchman believes that because the rate peak is not strong, container shipping operators will be pinning their hopes on the end of China's Golden Week demand recovery, the next round of tariffs between China and the United States will be introduced on December 15 these two factors, hope that the rate will rise.
There are still four months to go until December 15th, which compares the chance to push up freight and shipping rates in October and November. Trans-Pacific cargo has shrunk, forcing several shipping operators to cut flights. British media outlet PR News Service reported that Ocean Alliance plans to cut up to seven flights between October 15 and December 2, 2019 to respond to weak market demand.
It comes after nine weekly flights from Asia to the West Coast were cut as China began its Golden Week and demand was set to slow. Trump announced through Twitteron on September 11th that at the request of Chinese Vice Premier Liu He and taking into account the upcoming 70th anniversary of the founding of the People's Republic of China on October 1st, we decided to release goodwill by raising tariffs on $250 billion of China's exports to the United States (from 25% to 30%) . From 1 October to 15 October, as originally scheduled. ...
Taiwan, Sweden Economic Cooperation Conference mutual benefit
[Reporter Chen Weiqiang / Taipei】 thirty-fifth session of the "Taiwan-Sweden Economic Cooperation Conference" held recently in Sweden, the Ministry of Economic Affairs Parliamentary Secretary Wang Mei-hua and the Swedish Department of State Trade Parliamentary Secretary Krister Nilsson attended a ceremony witnessed ITRI with the Swedish company Astra Zeneca signed a letter of intent, the two sides will promote the development of medical materials, and collaborative R & D of new drugs outside the medical field of digital and nearly seventy encourage business representatives in Taiwan and Sweden continued to deepen bilateral cooperation 5G communications, networking, medical and biotechnology fields such as artificial intelligence, complementary advantages, mutual benefit.
In order to deepen Taiwan and Sweden trade and economic cooperation, Minister of Economic Affairs Wang Mei-hua recently led a delegation to Stockholm visit, in addition invited to deliver a speech at the Swedish Parliament, with the potential for economic development results and bilateral cooperation evangelizing Taiwan, and with the Swedish Department of State Trade Parliamentary Secretary Krister Nilsson Taiwan and Sweden co-chaired the meeting of the economic and trade dialogue, to expand bilateral dialogue partnership in the practice of investment, creating new, smart city, financial technology and multilateral trade and economic fields.
Chairman Wang Minister should "Taiwan Association of Swedish MPs" Boriana Aberg invited, the Swedish Parliament is still to "Taiwan Sweden Looking partnership of trade and industry" speech in the title, is by far the highest official level invited to our country. She stressed that Taiwan and Sweden share common values of democracy, rule of law, human rights, and support for strengthening WTO multilateral trading system, on this basis, the two countries hope to deepen mutually beneficial partnership.
Wang Minister and the Swedish Trade Parliamentary Secretary Krister Nilsson, co-chaired "Er ○ Yijiu Taiwan and Sweden dialogue conference and trade", to be sure the two countries in promoting unity of purpose WTO reform and interest, and praised the Swedish multinational biotech company Astra Zeneca and medical equipment SHL manufacturers in recent years to expand their investments in Taiwan, will help deepen bilateral cooperation in the field of medical biotechnology, creating a win-win situation. Swedish side is for me to participate in offshore wind power project, two ○ ○ San Nian city buses motorized deeply interested, and the two sides agreed in smart city development, creating new industries, precision medical, finance and science and technology have the potential for cooperation.
To further grasp the potential for cooperation Taiwan and Sweden in electric vehicles, the field of artificial intelligence and medical biotechnology, and Wang Mei-hua also led me three dozen private and official members present at the meeting of non-governmental economic cooperation visit Gothenburg VOLVO electric city plan, artificial intelligence and biomedical innovation Center innovation Center, Astra Zeneca, thus helping to promote bilateral cooperation and exchanges.
Ministry of Economic Affairs pointed out that Sweden is Taiwan's largest trading partner in Northern Europe and the largest source of foreign, especially under the circumstances with the uncertainty in the global economic and trade situation, Taiwan and Sweden from January to August this year, total trade last year still grow by three %, reaching 900 million US dollars.
Sweden expanded in recent years to invest in Taiwan, ended July 2019 in Sweden to invest in Taiwan totaled USD 5.73 million.
China's six shipping companies were blacklisted by the United States
[Reporter Zhou Yang / Taipei】 mainland China according to relevant units, due to the alleged violation of US sanctions against Iran's oil transport, there are six Chinese mainland shipping companies by the United States Treasury sanctions blacklist, which is the largest since the sanctions last (2018) since November to restart Iran sanctions, the United States has been identified as the transport Iranian oil entities and individuals taken.
Sources pointed out that US Secretary of State Pang Piou (Mike Pompeo) expressed in the United Nations General Assembly (September) month twenty-five days, the United States is to impose new sanctions on the part of Chinese mainland companies and individuals. Pang Piou stressed that the Chinese mainland citizens and companies "knowingly", Iranian oil transport, allegedly in violation of US sanctions order. The new sanctions to further pressure Iran, in order to tell the Chinese mainland and all the countries, the United States would sanction all violations of the ban.
Pang Piou said the United States trying to get countries to understand the risks of doing business with the Iranian Revolutionary Guard, and punish violations of the sanctions continued to deal with their people, other countries refuse to take education and economic dealings with Iran.
US Treasury Office of Foreign Assets Control (OFAC) list of sanctions on six Chinese mainland companies are: oil and Company Limited, COSCO Dalian Maritime Oil Transport Co., Ltd., COSCO Dalian Maritime Crew Ship Management Ltd., Kunlun Holdings Limited, Kunlun Hong Kong Shipping Co., Ltd. Pegasus 88. According to OFAC published a case for COSCO Dalian Maritime Oil Transport Co., Ltd. and COSCO Dalian Maritime Crew Ship Management Limited: sanctions only for a list of more than fifty percent holding entity and its subsidiaries; does not apply to its parent company - China Ocean shipping Group and the list of entities holding fifty percent or less (excluding) other subsidiaries or affiliates.
Burst! ONE giant container ships and oil tankers collided in the port of Piraeus
September 26, the Japanese shipping company ONE's a ship called "ONE BLUE JAY", large container capacity of up to 14026TEU passing in Piraeus, Greece serious collision accident occurred in Hong Kong!
Is knocked on the Turkish tanker "GUNECE" No, it was reported that the accident in which a tanker crew members were injured hospitalized and severely damaged tanker, the scene about 5-6 assisted by tugs to prevent the sinking of the tanker, and containers no case of damage to the ship's details.
It is learned from the track point of view, the accident is because container ship "ONE BLUE JAY" but did not hit a moored oil tanker to stop or turn around and move on.
According to the site photos show returned, the oil in the ship hull section has been knocked to wear a serious depression, damage.
Statistics show that the container ship "ONE BLUE JAY" ferry service to MD2 routes, and has anchored a number of domestic ports, including: Qingdao, Shanghai, Ningbo, Shekou, and other ports.
In view of the large container ship accident "ONE BLUE JAY" wheel, also serving Heboluote and Yangming two shipping companies, ports and docking of more is expected the accident would cause a great impact!
Recent foreign trade cargo ship loading freight forwarding companies need to pay attention, immediate attention related damage and shipping companies sailing news release, good freight arrangements.
(Reorganization of content from search navigation network)
ISO released the latest IMO 2020 low sulfur fuel specifications
after a long, designed to eliminate the IMO 2020 new low-sulfur fuel specifications uncertainty, the International Organization for Standardization ISO has finally released the relevant norms.
Recently, with the owners, classification societies, oil traders, fuel suppliers, to develop the preparation of fuel testing organization, ISO, in its official website released 23263: 2019 publicly available specification (PAS).
Earlier, the shipping industry has been looking forward to the relevant parties PAS can be released in August this year.
ISO said that beginning January 1st 2020, vessels worldwide will begin using a sulfur content not exceeding 0.5% low sulfur fuel, which highlighted consider the regulatory issues of concern related to low-sulfur fuel. It defines general requirements applicable to all of the fuel sulfur content of 0.5% and confirmed the applicability of its previous documents ISO 8217 of these fuels.
May apply to a particular fuel technical considerations including kinematic viscosity, cold flow properties, stability, and catalyst particles CATFINE ignition characteristics and the like.
(Source: today shipping)
Malaysian port is afraid to become the biggest competitor of Singapore Star Port 20190923
[Reporter Zhou Jiayang/Taipei reported] According to relevant authorities in mainland China, in Southeast Asia, Singapore Port has been the largest container shipping port, Southeast Asian shipping center and the world's second largest container terminal (the container volume is second only to Shanghai Port), but in recent years Although the Malaysian port ranks only 12th in the world, it is likely to become the biggest competitor in Singapore Port.
According to the analysis of relevant units in mainland China, Malaysia and China have jointly developed the Maritime Silk Road and added the Silk Railway. Once the land and sea merge, the two sides will benefit. As for the Malaysian port to replace the Singapore port as a regional transshipment center, the general trend is naturally threatening the Singapore port. It is worth noting that Port Klang of Malaysia will break the record of 10 million TEU for the first time this year.
Malaysian terminal operators stressed that after the transfer business to Singapore in 2017, the business volume of Westport was affected. Especially after the acquisition of the US Presidential Ship (APL), there are nearly 72% regional transshipment services of CMA CGM. All in Singapore. In other words, Westport handles about 80% of the containers at Port Klang.
Alphaliner data shows that Singapore's trading volume grew by 8.7 percent last year.
WTO: Global trade in services follows the manufacturing slowdown
MoneyDJ news 2019-09-17 10:03:07 reporter Li Yanjin reported
Sino-US trade relations remain tense, resulting in a significant impact on the global manufacturing industry, and towards the service sector is spreading fear further drag on global economic growth.
"Wall Street Journal" reported Reuters substandard media, by the Sino-US tariff war spread, the global import and export trade began to fall, resulting in reduced factory output, the economic growth followed by a slowdown. This prompted the central banks have cut interest rates, thereby protecting employment in the labor market, and to prevent tariffs affect other economic sectors, particularly in services.
According to WTO Trade in Services (WTO) report released on Monday (Services Trade Barometer), June global trade in services index fell to 98.4 points, below the 100-point baseline, below the peak hit in July last year (103.1 point).
In the WTO report said the index reflects "the growth of global trade in services momentum has faded," but the performance of cross-border trade in services remain superior to the cross-border sale of goods. According to the WTO pointed out that 2019 first quarter (January-March) global trade in services slowed sharply, growing only 3.6% over last year, and worse than the fourth quarter of 2018 (October-December) of 5.1%.
ING Group (ING) economist expects global trade in goods than last year's 0.2% decline, marking the worst record since the 2009 global financial crisis. ING International trade analysis director Raoul Leering bluntly: "Global trade outlook is worsening."
The European Commission (European Commission) announced August 29, the British August economic sentiment index (Economic Sentiment Indicator; ESI) from 94.3 in July fell to 92.5, the lowest recorded since September 2012.
Data show that in August ESI index fell mainly from the services sector, fell to -5.9 in July from -15.4 in August, well below the long-term average level, because service companies expected demand for the next three months fell sharply . Services account for the heavy weights of the index is 30%.
Caixin Media and research firm Markit has announced, in August 2019 China General service sector purchasing managers' index (PMI) was 52.1, compared with July rise 0.5 percentage point increase, the highest since three-month high.
Singapore's biggest competitor had a strong performance in the first half of the year. Can it pull it back?
In Southeast Asia, Singapore Port has always been the largest container port, the shipping center of Southeast Asia and the second largest container terminal in the world. But in recent years, Malaysia's ports have developed dramatically. Although it ranks only twelfth globally, it has become the most powerful competitor of Singapore Port.
Malaysia and China jointly opened the Maritime Silk Road, together with the Silk Railway, the sea-land integration of the Huangjing Port, once the big plan is successful. China and Malaysia are bound to be a win-win situation. As far as Singapore is concerned, life may not be too good.
Malaysian ports strive to replace Singapore Port as a regional transshipment center, which poses a great threat to the status of Singapore Port!
According to the latest information, as Malaysia continues to attack, under fierce competition, the first half of the strong performance, throughput jumped 17% to 527 million teu. Port Klang, Malaysia, will break the 10 million TEU record for the first time this year.
Malaysian terminal operators say this is partly due to strong intra-Asian passenger traffic. After the transfer of transshipment business to Singapore in 2017, the business volume of West Port has been impacted. Especially after APL was acquired, a large part of CMA CGM's business was robbed. At present, 72% of Daffy's regional transshipment business is handled in Singapore.
West Port handles 80% of Basheng's containers, while its container throughput declined by 9% before only 0.4% was restored in 2018. By contrast, Alphaliner's data show that Singapore's trading volume increased by 8.7% last year.
"If Malaysia takes appropriate measures, including joint venture wharfs, berth occupancy and incentive schemes, it may win back some passenger flows from Singapore and even surpass Singapore Port," Gowenda Sami told Load Star.
"The alliance of shipping companies is not unchangeable. In a market with such a large port capacity, it is not impossible for shipping companies to change roles if they have a large quantity of goods."
He said that if the Malaysian port of Basheng continued to expand, it could lead to overcapacity. His real challenge is himself, not size.
(Source: Search Network)
Ningbo Zhoushan Port Container Capacity Breaking 20 Million TEU 20190918 Taiwan New News Shipping Edition
According to statistics from mainland China, container traffic at Ningbo Zhoushan Port as of September 15 has exceeded 20 million TEU, reaching 209,0474 TEU, 13 days earlier than the same period last year, breaking 20 million TEU. The news pointed out that Ningbo Zhoushan Port since this year in the face of complex international economic and trade situation and seasonal climate impact, optimize the construction of container transport network, to achieve stable growth in container traffic.
At present, the port actively promote hong Kong Airlines cooperation, continue to strengthen business cooperation with major shipping alliances, optimize the route layout, so that the total number of routes remain stable, a total of 243 Ningbo Zhoushan Port routes, of which 110 ocean routes. It is reported that in the face of the normalization of large-scale ships, Ningbo Zhoushan Port to play the advantages of deep-water port, and constantly improve the capacity of large-scale ship operations, with big data applications as the guide to improve the berthing efficiency of large container ships, as of September 15 Ningbo Zhoushan Port this year has accumulated 20,000 TEU and above container ships 118 times, This represents an increase of 55% over the same period last year.
The attack on the Saudi oil field will affect the cost of marine fuel and the investment of desulfurization tower
Reporting by Li Ximing/Taipei
The attack on the Oil Field in Saudi Arabia, the shipping industry assessment, resulting in high international oil prices, will affect the shipping company's marine fuel costs increase and the carrier's investment in the desulfurization tower, the follow-up effect remains to be seen.
Analysis points out that the attack on Saudi oil facilities, the direct impact is to significantly push up international oil prices, marine fuel oil prices also climbed, coupled with the coming (2020) implementation of the global sulfur restrictions, shipping companies fuel cost pressure increased sharply.
According to statistics, as a result of the attack on two oil facilities, the Saudi crude oil supply decreased by 5.7 million barrels per day, accounting for about 50% of Saudi oil production, accounting for 6% of global production. Eastport Research and Strategy, a Singapore-bound shipbroker and consultancy, warned that the attack would inevitably affect shipping companies that invest in desulfurization towers.
Fuel prices have risen further, while the supply of high-sulfur oil in many refueling ports has increased significantly as a result of the ongoing conversion of high-sulfur oil and low-sulfur oil.
On the other hand, international oil prices climb, low sulfur oil prices also rose accordingly, high sulfur oil and low sulfur oil difference changeist is difficult to judge, but in the short term, the trend of high sulfur oil prices is obvious. In Jeddah, Saudi Arabia's energy minister announced that the country would soon resume most of its oil production and fully resume all production within weeks, foreign sources said. Saudi Arabia will gradually restore production capacity levels, hoping to fully return to normal by the end of this month (September), with production expected to rebound to 11 million barrels per day and 12 million barrels per day by the end of November.
Saudi Arabian Oil Fields Attacked China Oil: Short-term Supply of Crude Oil Secure 20190917 Taiwan News Shipping
Edition Reporter Liu Xiaoling / Taipei Report: Saudi Arabian oil fields have been hit by a drone, leading to a possible surge in international oil prices, Taiwan's China Oil Company said yesterday (16) that the extent of damage to Saudi crude oil production facilities is not clear, the global crude oil supply in the short term is not secure, domestic energy supply will not be affected
The subsequent response to the actions and price changes of the oil-producing countries in Taiwan will continue to be closely monitored. According to Saudi Arabia's official statement, the current impact is about 5.7 million barrels per day (about 5 percent of the world's crude oil supply), Saudi Arabia said no casualties in the attack and has begun an investigation into the damage, adding that it will use existing stocks to compensate for the reduction in supply, while the U.S. Department of Energy said it would need to It is ready to release the reserve oil and will work with the International Energy Agency to coordinate global action.
Global crude oil supply should be safe in the short term, the variable is the length of time it will take for Saudi Arabia to return to normal production levels. Saudi Arabia produces about 9.8 million barrels of crude oil a day, equivalent to 10 000 barrels of global supply a day, according to the Organization of the Petroleum Exporting Countries in August. The current impact of 5.7 million barrels is due to Saudi Arabia's initiative to temporarily close production equipment for inspection, not the actual amount of damage.
Taiwan's CNPC will closely monitor the situation as to the number of subsequent actual impacts and the length of time it will take for Saudi Arabia to resume normal production. Taiwan CNPC said that domestic energy supply will not be affected, from January to August this year, imports from Saudi Arabia about 23.0 million barrels, accounting for about 22% of the total crude oil imports, although the proportion is not low, but Taiwan CNPC in recent years to promote diversification of risk, diversified procurement, crude oil sources, currently suitable for refining more than 130 kinds of crude oil,
The country of origin comes from about 42 countries and can ask for increased supply from countries such as the Middle East or the United States and West Africa.
In addition, the safety stock of oil storage of the two domestic oil producers is more than 60 days, in addition to the 35 days of sales of oil storage in Taiwan's CNPC government, there is still a considerable safety stock in The country, and the supply of oil is safe. As for the price of oil, Taiwan's CNPC said that although the recent sharp fluctuations in oil prices are inevitable, but as the situation gradually becomes clear that the expected psychological rise should be able to eliminate the return to fundamentals, CNPC will closely observe the follow-up oil price changes and the response of oil-producing countries, if the price of crude oil is too large, Taiwan's CNPC also has a smooth mechanism for domestic oil prices.
Ningbo Zhoushan Port Railway Box Foreign Trade Goods "One Box in the End" New Exploration
September 12 at 3 a.m., the first railway container issued by the horse shop on board the "Haifeng Keelung" container ship, from Ningbo Zhoushan Port to The Port of Linchaban, Thailand, marking the "Madian - Ningbo Zhoushan Port - Southeast Asia" railway box successfully operated.
This is also the ningbo Zhoushan Port and Wuhan Road Bureau cooperation of the first full transport of railway boxes, is the railway box foreign trade goods "one box in the end" multimodal transport logistics of a new model of exploration. "In the horse shop - Ningbo Zhoushan port - Southeast Asia" sea-rail transport traditional logistics mode, foreign trade cargo export needs customers from Ningbo Zhoushan Port to transfer empty boxes to the source of the factory for loading, and then from the railway station in Malaysia heavy box transport to Ningbo Zhoushan Port, and then by sea to Southeast Asia destination port, the entire transport time takes about 15 days. Based on the need to improve the transportation timeliness and improve the level of customer service, Ningbo Zhoushan Port and Wuhan Road Bureau, the use of railway container shipping new model, allowing customers in the local direct use of railway container loading, transport to Ningbo Zhoushan Port after direct shipment to sea, eliminating the previous railway boxes into shipping boxes and empty boxes transfer links,
The shipping time was reduced to 10 days, increasing transportation efficiency by about 30% while reducing costs.
The application of the whole transport ation mode of railway box is conducive to Ningbo Zhoushan Port to the railway box as the carrier, give play to the advantages of port collection and dredging, further expand the scope of business, reduce logistics costs, is expected to attract more hinterland foreign trade sources to choose sea-rail transport, so that Ningbo Zhoushan Port to Japan and South Korea, Thailand, the Philippines and other Southeast Asian countries convenient access to the sea. (Source: Port Circle)
Port Free Trade Zone exports to taxable compensation or exchange of goods duty-free shipping version of 20190912
[Reporter Chen Weiqiang / Taipei】 Free Trade Zone receptive recapture bullish, IDS practical operation of the industry and enhance competitiveness, the Ministry of Finance to relax free Trade zone exports to the tax district of compensation or exchange of goods exempt from customs duties. Ministry of Finance Customs Department yesterday (XI) said Monday goods exported tax free trade port zone, if found damaged or specifications, quality does not match with the scheduled contract, and the former Free Trade Zone's career compensation or exchange , the compensation or exchange of goods exempt from customs duties.
Customs Department said import tariffs levied goods found damaged or specifications, quality does not match with the scheduled contract, compensation or exchange by the foreign manufacturers who import goods to follow the compensation or replacement of Article 51 of the Customs Law apply duty-free, but free ports for compensation or exchange of goods exported to the tax area, the actual mode of operation does not take back the goods handled by foreign manufacturers, resulting in the exchange of goods port career compensation is not applicable exemption from the tariff Act unfavorable circumstances tariffs.
Free Trade Zone is considered special business type, build a port in line with the characteristics of the operating environment, therefore the Ministry of Finance to relax the compensation free trade port zone exports to taxation or exchange of goods, mutatis mutandis, be exempted from the provisions of Article 51 of the Customs Act tariffs, in order to reduce the cost of port industry.
Who meet the conditions of the industry, was the original declaration of goods exported from the date of release tax district within one month Customs application. Shall submit the relevant documents and the Office of the nuclear way, the first paragraph apply mutatis mutandis, Articles 41 and 42 of the Tariff Act Enforcement Rules.
Customs Department yesterday called on the industry to take advantage of the incentives, the face of increasingly complex business patterns, the department will also continue to optimize the customs environment, enhance our international competitiveness of manufacturers.
Over the past two years, European ports have benefited from the Sino-US trade war
container shipping consulting firm Hackett Associates "Tracking global port" in the latest issue of the analysis (Global Port Tracker) shows that the top six container port throughput Nordic June slightly more than 3.8 million TEUs, an increase of 4.2% compared with the same period in 2018, but the throughput compared with May of this year fell by 3%.
Analysts predict that the second half of 2019, the Nordic imports will "barely maintain positive growth," the first half of 2020 will be "negative growth."
This report covers the Hamburg, Bremen / Bremerhaven, Rotterdam, Antwerp, Le Havre and Zebulvge of container throughput. Reported that the total imports in June fell by 2.7% in Europe, Northern Europe down 0.1% (down 2.1 percent), 6.7 percent decline of the Mediterranean and Black Sea region (down 1.5%).
Compared with the same period in 2018, container traffic in the second quarter 2019 Nordic six major ports increased by 5.3%. The report said it was the highest since the end of 2017, an increase than China (4.0%) and the US (2.2%) of the main port "much higher."
Analysts said, "tit for tat" trade tariffs between the United States and the threat of sanctions and China "has led the global economy into the domestic downturn, to reduce global trade."
"US ports experienced strong growth in late 2018, but in the second quarter of 2019, the growth rate fell to its lowest level during the presidency of Donald Trump (Donald Trump)."
"If this trend is confirmed, it shows over the past few months continued to intensify Sino-US trade conflicts, mainly affecting trade between the two countries. "
European exporters have some" "reason:" the joy China and the United States to raise tariffs to each other, the two products in the European market on more competitive. at the same time, China and the United States may seek more and more exporters to sell their products in Europe, so that European imports will increase. "
But the report warned that only in the case of trade conflict intensifies, the trade diversion effect will continue, Trump government could more actively for the EU countries. The report stated: "If European products become the target of new trade barriers, which will have a direct impact on container trade."
, Ltd. Free Join Port Tracker forecasts, 2019 European imports rose 3.1 percent to 25.9 million TEUs. Northern Europe is expected to increase by 2.6 percent to 16.03 million teu, while the Mediterranean - Black Sea region is expected to increase 3.9%.
2019 European exports forecast to grow by 1.5 percent, reaching 21.75 million teu, of which the Nordic increase of 2.0 percent to 13.7 million teu, up 0.8% Middle East and the Black Sea region.
CMA CGM CMA Terminals plans to sell the business
according to TransportWeekly reports, the French container shipping company CMA CGM is selling its pier department CMA Terminals (CMAT). The funds raised will be used to repay debt, as of April 2019, its total debt of about $ 19.9 billion.
According to Alphaliner said, Lars Kastrup former chief executive of APL has been appointed leadership CMAT sale, which owns shares of Pier 32, and handled 8.5 million TEU in 2018.
However, analysts pointed out that there are some potential problems with the sale of some assets owned by CMAT. CMA CGM may be more difficult to sell the pier locations that are not of strategic importance, and some important port of assets might not sell.
CMAT strategic asset Singapore PSA Lion Wharf, a 30% stake in the Rotterdam World Gateway Terminal, and Kingston Freeport Pier 100% stake and so on.
According to Bloomberg, China Merchants talks with CMA CGM to acquire assets from the pier liner companies. Merchants already owns 49% stake in CMA CGM's port operating company Terminal Link
US East Coast emergency! Plus man-made disaster led to a number of important ports paralysis or severe congestion, foreign trade freight forwarding companies in need of special attention!
2019-09-05 published by China in global trade and investment network
since ancient times, Heaven and Earth benevolent to all things as straw dogs, natural disasters are the most helpless people, but relatively speaking natural disasters, man-made disasters are even more terrible.
Scourge: Surface strongest hurricanes shut down a number of important ports paralyzed!
US southeast coast ports will celebrate 30 years of the strongest hurricanes - "Dorian" strength to level 5 hurricane hit the area gathered the largest transit center Freeport United States.
This is known as Dorian "Surface strongest hurricane", and for now the strongest since the 1935 US hurricane surface encountered, has been identified as 5 hurricanes (maximum is five). No official visit, let the entire east coast shivering.
Currently the Atlantic coast of Florida ports, Bulunruike, the port of Savannah, Georgia, have suspended business! Sunday, Miami, and Palm Beach埃弗格雷斯have entered the port traffic control. 卡纳维拉尔port is controlled, all vehicles and cargo prohibited immigrants. Jaxport, Georgia port to cease operations.
Man-made: grab before the tariffs imposed purchase, piling up congested US ports
in the United States Southern California's busiest container port, retailers are taking advantage of the United States began the implementation of a large number of advance before loading a new round of tariff, resulting goods are piling up, port operations increased pressure, congestion paralysis.
The ships are coming in and the cargo is piling up. At the nation's busiest container port complex in Southern California, retailers have been front-loading goods ahead of a new round of tariffs.
In addition to the affected tariff Recently, the US CNBC reported that a trade war has given way to (US) Electronics loss of about 71.5 billion yuan issued advice to the American people: if you need a new TV, available as early as possible to consider buying.
This statement came out, leading to Black Friday TV subscription amount of surge, according to the audit firm Ocean (Ocean Audit) chief executive Ferreira (Steven Ferreira) said August 15 to August 26, through the Port of Los Angeles and Long Beach TV imports from China amounted to nearly 26 million units.
At present the ship to break the traffic tariff restrictions are a record Port of Los Angeles. As a result, the container start to pile up, may cause the same period a year ago with the first round of tariff port congestion.
He said, "abnormal surge in container" for a month ahead of schedule. Although Trump decided to postpone the television tariff to 12 months, but it is understood he was most retailers under the order, after the container ship out of the sea before making this decision.
Starting from September 1, many other products are levied a 15% duty. This list is more than 100 pages, including clothes, contact lenses, and even "live camel."
Port of Los Angeles Executive Director Gene Seroka said: "From the September 1 start, 98% of imports from here to the Port of Los Angeles Chinese goods will be affected by tariffs which will affect about $ 164 billion of goods.."
Between the US and China trade has dropped significantly. In the first half of this year, US exports to China fell 18% year on year, to $ 55 billion. Chinese exports to the US fell 12% to $ 235 billion.
"In the relatively strong US economy," Seroka said, "I was in the store and you buy something, we need to continue to operate those containers. US retailers currently unable to demand an immediate end to the Chinese market."
But for now, commodities are still pouring in, people's expectations are, whether or not customs duties, at least a portion of the goods will be pouring in. So, port congestion situation will continue, and even worsen. You should pay attention to the foreign trade freight forwarding!
(Source: Air Search Network)
Original URL: https: //kknews.cc/world/rllxavn.html
Ningbo Zhoushan Port this year calling 20000 TEU container vessels and more than a hundred ships and shipping version of 20190906
[Correspondent Zhou Yang / Taipei】 mainland China according to relevant units statistics, Ningbo, Zhoushan Port as of this (○ Yijiu) in the end of August has accumulated anchored twenty thousand TEU container ships and more ships and over one hundred, compared with last year seventy-eight days in advance.
Sources pointed out that the face of large-scale normalization of the ship anchored, Ningbo, Zhoushan Port give full play to the advantages of deep-water harbor, ship operations and improve service capabilities. COSCO shipping (COSCOSHIPPING) the amount of load cabinet twenty-one thousand two hundred thirty-seven TEU of "COSCO shipping nebula round" September 3 to complete the loading and unloading operations from the berth.
Promote 2.0 transfer of export goods to ships or customs clearance operations
Liu Yangliu, Chairman of the China Cargo Customs Clearance Automation Association
The export of goods from ships and other goods to release after the shipment The U.S. Customs Declaration Rules (so-called AMS information) are strictly enforced worldwide under the "Declaration of Manifest Rules 24 Hours Before Shipment" (hereinafter referred to as the "24-Hour Rule").
After the export of goods from ships and other goods to release, such shipping companies or contractors must cooperate through the United States Automatic Manifest System (AMS) to the United States or other countries or regions customs declaration data, to be allowed to ship notice before shipment of export. The United States is bound to implement the "24-hour rule" against terrorism: 90% of the world's trade in goods is transported in containers, and more than 200 million containers travel to and from the world's major ports each year. In 2001, total imports by the United States amounted to one. US$18 trillion, or 18. Three percent.
Forty-six per cent of total US imports are achieved by sea, mainly by container, with more than 16 million containers arriving in the United States each year by water, road and rail. In 2001, the United States Customs supervision of 25 million customs declarations, 21. 40,000 ships and 5.7 million sea containers. The United States is concerned that terrorists will use maritime containers to carry out terrorist attacks, the consequences of which will inevitably disrupt international sea container shipments, thus severely damaging the United States economy.
The implementation of the "24-hour rule" is to put the anti-terrorism defense line ahead of the port of port abroad, the United States mainland thus become the last line of defense.
Penalties for Violations: The 24-Hour Rule sets up a triple "punishment" system for those who "fail to follow the rules" of the reporting entity: One is the fine.
The first violation was $5,000, and the second offender was fined $10,000, which was added up in turn. Second, economic compensation. The rules state that if a non-shipcarrier who has paid the international carrier's bond and is selected to deliver the electronic manifest to the customs declaration, it is not possible to provide the customs with accurate manifest information within the specified time, or to provide incorrect, falsified and altered manifest information, in addition to the above penalty measures,
It is also subject to the corresponding liquidation penalty for breaching the requirements of the international carrier's margin. Third, the delay of unloading the ship, that is, the United States Customs does not issue a discharge permit. The rules state that goods may be unloaded only after the ship has entered the port and a customs clearance has been obtained.
If customs find that certain goods are not loaded as required by the Regulations, they have the right to dispose of them differently.
Customs untie export goods customs clearance operations The customs clearance system no longer takes the date of receipt as the control of the time limit for receipt of export receipts, but instead accepts the declaration of export reports after customs clearance, so the shipping company has no need to transmit the opening forecast and the ship forecast cut-off receipt data to the customs. That is, the customs used the deadline to receive the goods as the time limit for the receipt of export documents and the time limit for release control.
Now untied as long as the customs can be released, including C1 exemption from inspection and clearance, C2 documents audit customs clearance, C3 cargo inspection customs clearance (manual inspection), should be in the customs release day within 30 days of shipment and export, overdue shipment, and must handle the clearance, loading control control to the shipping company's own management. In conjunction with the re-engineering of export forecast cargo information and customs clearance process, container Loading List for export ships used by the former transport and warehousing operators will be modified to (N5262) export loading and clearing information to integrate industry information and form operations and to comply with customs clearance operations management
, up to one data transfer, full use of efficiency.
Promote 2.0 for the transfer of export goods to ships or clearance operations (II) 20190718 Taiwan New News Shipping Edition
Consistent operating standards and consistent risk management should be taken for participating and transshipment operations
First, change the aircraft operation (air transport) operating process instructions The changer of the main number of the consignment document shall be filled by the cargo owner or customs declaration industry with "all export goods are returned from the warehouse / partial exit / exit / change aircraft (air transport) application" in two copies, apply within 30 days after the release of the goods, after customs approval, monitor the change label and modified flight export, and the report and computer data to be corrected.
Those who have exceeded their term shall be subject to withdrawal.
Second, the reasoning of the difference between the original declared ship and the actual loading vessel of the export report (1) When the original declaration of the declaration is different from that of the actual ship, the information may be corrected or corrected by the counter.
The Customs computer system is automatically recorded by the person who corrects the information, and the export report ingress, the transporter or the customs broker shall have to prepare the application number indicating the declaration number and the original declaration and the actual loading of the "Customs Clearance Number" (formerly known as the vessel registration), S/O NO.(the loading list number) and apply for the alteration of the export report data.
(b) The corrector of the information can transmit the N5262 (XML) message, which shall be automatically recorded by the customs computer system, but only by information
The corrector shall fill in the "Customs Clearance Number" (ship registration) declared in the first to six yards of the "Remarks" column, and the "Loading List Number (S/O NO.)", the 11th code filling in the "Remarks" column, and "identifying by reference".
(iii) To bring in the cabinet correction, the Customs, in order to meet the needs of transport, warehousing and customs operators, according to its n5204 (XML), respectively, transmitted the cancellation of the original release and the actual shipment release message as follows: 1. Operator to N5204 (XML) recipient: customs respectively sent the cancellation of the original release and the actual shipment release two messages. The former is to cancel the original declaration of "customs clearance number" (ship hanging) ship hanging and S/O release (move is 1), the latter is to correct the actual loading of the "ship registration" and S/O NO.(loaded list number) release (move disobedion 9).
Both "report numbers" columns are the original declared report numbers. 2. Customs sent to the transport and warehousing operators in the cancellation of the original release message "report number" column for the original declaration of "ship registration" and S/O NO. (cargo list number) (number of release pieces 0), the actual shipment release message in the "report number" column for the correction of the actual loading "ship registration" and S/O NO. (packing order number) (actual number of releases).
The "report number" column in the cancellation and actual shipment release message sent to the customs broker is the original declared report number.
3. The Customs sends the "bonded report number" column in the cancellation and actual shipment release message to the transport and warehousing operator, and places the original declaration report number; the "bonded report number" column in the actual shipment release message sent to the customs broker is placed after the correction of the actual loading "ship registration" and S/O NO. (loading list number).
Third, the adoption of consistent operating standards, consistency risk management
(1) The export goods declared for release shall be exported by shipping machine within 30 days from the date of customs release, and shall not be shipped within the time limit and shall be subject to customs clearance.
(2) If all (or part) of the goods in a report are not exported for any reason, they shall be handled by way of all (or part) of the discharge.
(iii) Shipping companies or contracting industry to ship, do not have to check: 1. Written export goods clearance / cancellation report (simplified 5258) Exit report.
2. New S/O (loading list), because more than a decade has not signed S/O action. (4) Change the aircraft operation (air transport) operation process description of the main number of the consignment document changer, should be filled by the cargo owner or customs declaration industry "all export goods exit clearance / partial clearance out of the warehouse / exit / Change aircraft (air transport) application" two copies, within 30 days after the release of the goods, after the approval of the Customs, monitor the change of labels and modified aircraft exit, and the report and computer data to be corrected.
Those who have exceeded their term shall be subject to withdrawal. (5) Customs, shipping companies, contracting industry, container storage industry, manufacturers, customs declaration industry, in the face of new trends in international trade, there must be new ideas, new practices, consistent operating standards, consistency risk management, customs declaration industry for the transfer of ships regardless of online applications or written applications, should be compared to the shipping company or the contractindustry transfer ship, No inspection: 1. Written export goods return /write-off report (Jane 5258) return report.
2. The new S/O (loading list) is reasonable. Fourth, in the face of the implementation of 4.0 forecast cargo information customs clearance XML electronic information exchange operations, export documents have been relaxed to release a month bid to transfer ships, export operating system is the use of WCO Data Model 3.0 version (world customs organization data module 3rd edition) for the basis of data reconciliation, customs logistics can be in line with the world,
Can not stay in the cargo customs clearance 1.0 manual operation, 2.0 office computerized operation, 3.0 EDI customs clearance electronic information exchange operation old thinking, should be largely broken to simplify the operation of the ship transfer operation.
Push 2.0 For export cargo transfer or clearance operations (iii) 20190724 Taiwan New News Shipping Edition
The process of handling the clearance operation of goods for the operation of wanton and export First, the customs declaration industry needs to fill in the "export goods all return out of the warehouse / part of the exit / exit / change aircraft (air transport) application" in two copies, stating the reasons for the withdrawal to the Customs application. After the goods that must be returned from the warehouse shall be checked by the Customs, the "all exported goods are returned from the warehouse / part of the clearance out of the warehouse / the withdrawal / change the aircraft (air transport) application" one-style two-part assessor signed "this case has been inspected without any After granting all (or part) of the customs clearance (out of the warehouse), one of them is retained by the customs, the other is handed over to the customs industry to the warehouse industry for the clearance procedures, after the warehouse industry signed and stamped the goods have been returned to the customs clearance stamp, it will be sent back to the sea about the computer screen filling customs clearance process for all (or part) of the clearance, and will be attached to "
All export goods are returned from the warehouse / part of the exit / exit / change aircraft (air transport) application" of the report, sent to the audit unit bag filing. If the customs inspection is wrong, the inspector shall be marked in the report according to the actual export data, and the report file (example: weight, quantity, number, etc.) shall be sent to the sub-evaluation unit for processing.
Other partial withdrawal cases shall be corrected through the relevant procedures for the filing of documents and the completion of the operation of the sales cabin. Second, part of the special circumstances of withdrawal to deal with: due to special circumstances (such as typhoon port closure, ship stranded to catch the tide or departure from the port and no longer enter the port loading cabinet, etc.) derived from the partial withdrawal case, the goods exporter or its entrusted customs operators inspection equipment transport, contracting and warehousing and other operators issued by the relevant supporting documents to the customs to apply to the customs re-entry of customs clearance export, If the customs confirms the truth and the goods remain in the original warehouse, the "export goods all returned out of the warehouse / partial withdrawal / withdrawal / change aircraft (air transport) application" one-style two-part assessor covered" To allow partial clearance and re-export in the original warehouse", one of which is retained by the customs, the other is the customs declaration industry to the warehouse industry for the transfer of goods into the warehouse information, by the warehouse industry signed and filled in the new customs clearance and loading order (Shipping Order( Shipping Order (Shipping Order) number,
Send it back to the sea about the computer screen filling customs clearance process for partial clearance, the new export report must contain the original part of the exit case export report number, for customs inspection.
Wu, export goods cancellation customs clearance process
Export goods take the temporary disk operation, more than seven days did not enter the warehouse to complete the report, will be automatically deleted, but the pre-estimate after the inspection conditional release cases, except:: sea ship side inspection and release, such as pre-estimated after the inspection and release cases, the customs declaration industry must check the export report and "export goods cancellation declaration application" to the customs application to cancel the customs declaration, verified to be verified by the customs officer to cancel the report. Taiwan's New News Shipping Network
Maersk, CMA CGM, HP FRIGHT adjustment
[Reporter Chen Weiqiang / Taipei】 Maersk, CMA CGM, HP current tariffs adjustment takes effect. Among them, Maersk from September 11, will be lowered from mainland China to East Africa, part of the port of integrated freight rates (FAK), the majority of container type than the standard fee in force July 17, down one hundred and fifty to three hundred dollar.
Maersk since September has lowered the Far East to North Europe route integrated freight rates (FAK), standard with effect from 1 August to perform the comparison, the majority of routes, price reduction box 150 to $ 300.
CMA CGM Group since September (bill of lading date), continue for China and Taiwan to the West African market, charge Rate Restoration (GRR), standard five hundred dollars / twenty-foot cabinet, a thousand dollars / 40-foot cabinet, including the scope of dry cabinets, freezers, oversized container and groceries. Meanwhile, September (bill of lading date), to China, Taiwan to East Africa (Kenya, Tanzania and Mozambique) market, charge Rate Restoration (GRR), standard two hundred dollars / twenty-foot cabinet, four hundred dollars / 40-foot cabinet, the scope includes dry cabinets, freezers, ultra size containers and general cargo. Since September 30, all from the port of origin, will be transported to a total weight exceeding fourteen tons of cargo Chittagong, Bangladesh, charging overweight surcharge (OWS). Criteria: defined as a twenty-foot cabinet, each cabinet charged hundred and fifty dollars, charging method is prepaid.
HP consider the current changes in the market, starting from September 15, for transport from China to Mexico, Central America, South America, the Caribbean and Panama, as well as the West Coast region of the goods to collect comprehensive surcharge rate increase (GRI), standard thousand five hundred dollars / cabinet, not the cabinet type and type of cargo. For Chinese goods shipped to the East Coast of South America, fees for six hundred dollars / cabinet, not the cabinet type and type of cargo. In addition, on October 1, will be charged the Indian subcontinent and the Middle East General Rate to the US and Canadian markets rose surcharge (GRI).
Taiwan Shin Sheng Daily News shipping network
The resolution signed by China and Paraguay has come into force. A total of 45 products of Taiwan and Paraguay have been granted preferential tariffs.
(Central News Agency Information Service 20190904 09:30:46) The Economic Cooperation Agreement (ECA) of Taipei (Paraguay) came into effect on February 28, 2007. In order to deepen its benefits, the two sides held the First Taipei Joint Committee on Economic Cooperation Agreement on June 12, the same year, to discuss issues related to tariff quotas and tariff adjustment. The parties have reached a consensus on the contents of resolutions 3 to 6, which will come into force on September 5, 108, after the necessary internal legal procedures have been completed by mutual notification.
The contents of the resolution contained 31 preferential tariff and quota treatments to the Palestinians. The 14 products were granted preferential duties to the Pakistani side, of which third was Jue Yiwen, the sugar cane was transported to Taiwan for 60 thousand tons per year, and the tariff was 60 thousand metric tons (the crude and refined sugar quotas were 50 thousand and 10 thousand metric tons respectively); and fourth Jue Yiwen was 5 for frozen pork bars. The annual tariff was reduced to zero, and 29 products such as Madai tea were immediately reduced to zero. Resolution 5 lowered the tariff of rice flour products to 2% for Pakistan. Resolution 6 lowered the tariff of 13 products such as shuttle fabric, knitted goods and handbags for Pakistan. After evaluating the products mentioned by Pakistan, we imported 542,000 US dollars from Pakistan in 2017, which did not damage our domestic industry, and helped consolidate our friendship and deepen bilateral economic and trade relations.
Since the entry into force of Taiba ECA, benefits have gradually emerged and bilateral trade continues to grow. From 108 to June, bilateral trade between Taiwan and Pakistan totaled US$47.68 million, an increase of 88% over the same period last year. Among them, I imported US$22.49 million from Pakistan and exported US$25.19 million to Pakistan. My main import product from Pakistan is beef, accounting for 94% (US$21.31 million, accounting for 6.88% of global imports), which is my fourth beef import source country.
Paraguay is 11 times the size of Taiwan and has a population of about 1/3 of Taiwan. It is an important friend of our country in Latin America. The two countries have established diplomatic relations for more than 60 years. Both sides have exchanged high-level visits, had close economic and trade cooperation, and continued to expand areas of cooperation. In addition, as a member of MERCOSUR, Pakistan enjoys tariff preferences with Brazil, Argentina and Uruguay, and has maintained an average economic growth rate of more than 4% over the past 10 years. It is one of the countries with the most outstanding economic performance in Latin America and an important partner for China to enter the Southern Common Market.
The text of the above-mentioned resolution (in Chinese, English and Western) has been published on the Trade Bureau's Economic and Trade Information Network (https://www.trade.gov.tw/Pages/List.aspx?NodeID=1826), and is welcomed to refer to.
Source of information: International Trade Bureau
GATT: Monroe currency storm rushing mining companies shipping version of 20190904 Taiwan Shin Sheng Daily News
[Reporter Chen Weiqiang / Taipei】 enterprise information security protection by the attention, and the establishment of many hosts and network protection network within the recent GATT network information security team has found more than hackers instead use difficult to defend, to attack human weakness as the focus of social engineering, as the beginning of the invasion of the enterprise, so that enterprises in the victim unknowingly, been sneaked into the attacker occupied or steal corporate resources.
Deal with many incidents similar to the case of GATT network information security team noted that when the company found the victim, the attacker often more have been invaded to the server area, infection or multiple servers almost affect the normal operation of the external. Particularly serious cases together, corporate IT departments find server operation is slow and can not be alleviated, suspect that it was hacked or poisoning, please GATT especially information security adviser arrived at the scene.
After analyzing the log file, perform host malware detection and digital forensics for the problem host by information security consultant, found that the host is implanted Monroe currency (Monero) mining script, after further investigation the whole environment, find the attacker began as through social message obtain permission internal office area, then walk to the office area to gather information, get inside AD (Active Directory) administrator privileges, use of high authority walk in the area to explore the host server to collect information. Finally, there is high network access privileges WSUS host as an internal relay station, and then spread through a large number of internal WSUS mining machine script to all hosts, while in foreign currency Monroe get wired.
GATT information security team said that it is a new form of information security attack, defense is no longer the traditional single mode can effectively block. When information security incident handling, in addition to a host outside the survey questions, but also to gather information to grasp the entire attack the root causes, and to assist in collecting samples for analysis and processing, the subsequent re-investigation into the attacker's point, provide recommendations to strengthen the infrastructure and control measures. Monroe currency itself is due to the use of block chain operation principle of virtual currency issued, Monroe get coins One way is to provide computing resources for Monroe currency calculation algorithm, namely mining, but to do this requires a lot of huge resources. For example, to have a stable and efficient server group, such as network bandwidth, cost is not small, plus information security awareness is high, companies in the host and network levels probably have many information security protection. Therefore, the attacker changed to take advantage of social engineering phishing e-mail in order customized contents of the letter, induce employees or supervisors click to download malicious programs, while aimed at enterprises with stable characteristics of the host server and the wider bandwidth, so that the victim companies unknowingly, for the host to be exploited by attackers as a cloud mining machine, mining carried Monroe get a lot of money, big business is doing underground low-cost high reward profits.
Taiwan Shin Sheng Daily News shipping network
Daily transport of export goods should be properly labeled Origin
[Reporter Chen Weiqiang / Taipei】 Taipei off recently found that many manufacturers or operators of domestic products for export or to the box labeled newspaper shipped to the Customs Made in Taiwan, but real to Upon inspection of goods origin is Chinese or Southeast Asian countries. In order to prevent a trade war with his country of origin goods re-exported to Taiwan to wash, and to ensure Taiwan's industrial reputation and interests, Taipei will continue to strengthen customs check cargo origin, and called on the industry reported exports of goods shipped should be properly marked origin.
Taipei closed yesterday ( 3), said between now (108 ) in January to July, exports of goods have been seized since the number of (electronic products, agricultural products, etc.) mislabeled origin of cases, have been processing means of a letter Board of Foreign Trade. In accordance with the second paragraph of Article XVII trade law, import and export person shall have the following acts: Failing provisions of SID, origin or mislabeled; goods output management Article 20, Article 21, Paragraph predetermined output goods, the goods shall be marked on the place of origin or inside and outside the standard package itself, which should be a significant and marked manner and robustness. But the characteristics of the goods or packaging caused by special circumstances can not be marked in accordance with the provisions of those, have to apply for projects approved by the Board of Trade. Domestic output of goods made in my department, should be marked with the manufacturer Republic of China, Taiwan, ROC Taiwan manufacturing or fabrication, or outside of the marked text synonym
OOCL latest notice! These countries need sea freight at the port of shipment prepaid!
Export to Africa's foreign trade, freight forwarding people pay attention!
Shipping company Orient Overseas recently issued an emergency notice, African countries, including Algeria, Angola, Benin, Ghana, Cote Divoire, Kenya, Namibia, Nigeria, Senegal, South Africa, Tanzania, Togo, and does not support the local sea freight settlement, need to pay at the port of departure!
Please spread, do not delay normal on board!
Trans Realco Shipping Agency Shanghai Jinjiang shipping, Shanghai Haihua Shipping vessels
[Reporter Chen Weiqiang / Taipei】 roots in Taiwan and Shanghai routes for many years, and with punctuality and quality service reputation on both sides of the carrier's "Shanghai Jinjiang Shipping (Group ) Ltd. "and" Shanghai Haihua Shipping company ", the integration of the two sides, the official designated by the industry giants in Taiwan distributor: state of the World Group, the group can work together Swiss joint venture and set up a limited" Swiss World Shipping agency shares company ", that is, from the sail, AirPlus both sides.
Swiss World Shipping Agency for the implementation of customer service, business market, yesterday (ii) the date on Fuxing South Road is located in Taipei for a number two on the sixth floor office grand opening, with a new style start operations, extending from the two sides to become Asia to provide more rapid and convenient services hub.
Trade war triggered production line shift Guli Xiong Taiwan: Taiwan turn a good opportunity
[Central News Agency Taipei 28 (Xinhua) - US-China trade war heating up, causing investors to worry about the near future, foreign investment and even a record twelve consecutive oversold trading record date. FSC chairman Guli Xiong said today that the Taiwan stock market investors to have confidence, and trade wars so that large companies shifted their production bases, is a good opportunity to turn Taiwan bone.
Financial Supervisory Commission chairman Guli Xiong attended the event today, for US-China trade war on the stock market, said the economic forecasts are, but the overall economic outlook in the end is how, at present it is still full of uncertainty; he said. , have confidence in the Taiwan stock market, because now, it seems, under the US-China trade war impact, certain Chinese products exported to the United States declined, but there are some to single effect, increase or decrease of each other and still maintain revenue ratio of listed counters flat a little bit more performance.
However, Guli Xiong also pointed out that the Taiwan stock market outlook will be, continues to observe. He said, Accounting and Statistics forecast Taiwan's economic performance this year will be the Asian Tigers in the first, and the predictions indicate there will be more than two percent economic growth rate, still have to return to fundamentals, "on the Taiwan stock market investors Whether in yields or price-earnings ratio above basically have to have some confidence. "
As for the US stock market will be volatile and to what extent, he believes that the various predictions are not necessarily, have to look at the entire US economic data, US-China trade war gentle or not, as well as countries including Hong Kong, North Korea and other circumstances, the FSC will continue to pay close attention again.
For even twelve foreign investment hit a record trading day oversold, and the August cumulative sales exceeding NT $ two hundred million, finally a change of heart, buy Taiwan stocks over five ‧ eighteen billion, end even twelve to sell whether foreign rejoin optimistic, Guli Xiong said, "is a presentation of foreign oversold since the last week, as foreign investment will not go back, it will depend on funding Parking (parked) in any place."
He reiterated that the past performance of Taiwan stocks relative resilience in Asian stocks which, with yields and price-earnings ratio, and the entire cabinet revenue performance on the market, are the key to the whereabouts of foreign final decision.
The recent performance of the baht strengthened, so that foreign hot money flows to Southeast Asia, Guli Xiong believes that the exchange rate of the performance of short-term, longer-term capital market performance; after stabilize exchange rate fluctuations, foreign capital will look for a better reward performance of the capital market .
As to whether Taiwan would result in a trade war but the United States profit, Guli Xiong stressed that "changes in netting, can not be said that profit." But he also said that the entire amount of the market economy will inevitably decline because of a trade war, have some the extent of the impact, but it also saw the effect of a single turn.
He said that Taiwan's economy will be the real constitution "bone transformation" performance, or to see this wave of big companies shifted their production bases back from a longer-term perspective, this may be true of Taiwan's "bone transformation" good opportunity.
As for how long bones turn, he believes will depend on each company in the production of ground floor how long it takes, "Moreover, some expansion of production lines, some come back again, but recently you can see it, should be gradual, there will be in place"; Guli Xiong Finally stressed that the situation in an uncertain international developments, he believes Taiwan to show the direction is right.
Taiwan Shin Sheng Daily News shipping network
Policy Turn Indonesia will abide by IMO Sulphur Limitation Regulation
[Reporter Zhou Jiayang/Taipei Report] According to the relevant units in mainland China, Sudiono, head of shipping and maritime affairs of the Ministry of Transport of Indonesia, said in a statement on 27 February that the International Maritime Organization (IMO) sulfur limitation order of 2020 would apply to all ships flying the Indonesian flag from 1 January next year. Ships, including domestic and foreign shipping.
The news points out that the same Indonesian Department announced last month that when the year 2020 arrives, ships flying the Indonesian flag will be allowed to continue using marine fuels with sulphur content of 3.5% in their territorial waters, instead of using scrubbers.
On August 20, the Ministry of Transport of Indonesia said that ships flying the Indonesian flag would comply with the new low-sulfur fuel requirement, which will be implemented next year. They had previously said that more time would be needed to meet this requirement. According to IMO regulations, ships must use fuel with a maximum sulfur content of 0.5%, from the current 3.5% to 0.5%, unless they are equipped with scrubbers to remove sulfur from ships.
Ashok Sharma, general manager of BRS Baxi, a Singapore shipping brokerage company, believes that Indonesia's actions may have an impact on IMO 2020, but in terms of geographical coverage, the scale is negligible. A spokesman for the Ministry of Transport, Shipping and Maritime Affairs of Indonesia, was reluctant to comment on the sharp turn in the policy, saying only that a separate statement would be issued to elaborate on the government's considerations of the relevant provisions.
In July, Sudiono stressed that one of the reasons why Indonesia chose not to implement the low sulfur requirement was that PT Pertamina, a state-owned oil company, still produces large quantities of high sulfur fuel from refineries.
The Ministry of Transport of Indonesia said on August 27 that PT Pertamina, a state-owned oil company, would produce 380,000 litres of fuel a year in the future, with a maximum sulfur content of 0.5%.
To facilitate ships, the company will set up low-sulfur fuel outlets in Jakarta's main seaports and a floating warehouse near Balikpapan, East Kalimantan, starting early next year.
Maersk Reminder: Canadian exports to the US of dangerous goods declaration should pay attention to these two points
If you have dangerous cargo destined for the United States or Canada, or the United States or Canada by unloading, transit, be sure to read the following two content and requirements, and to ensure strict implementation.
1. A valid 24-hour emergency contact and a 24-hour emergency telephone number
1) in the first 9 dangerous goods declaration form field "additional information" column must indicate the expiration of 24-hour emergency contact and a 24-hour emergency contact phone.
2) 24-hour emergency telephone number must be a straight line, can not stay in the state machine answers or voicemail.
3) 24-hour emergency telephone number can be from the departure port or port of destination.
4) 24-hour emergency contact must be able to communicate in English.
5) 24-hour emergency telephone number must have 24 hours a response to the need to ensure the experience to provide relevant technical information in a timely manner when the consignor can be contacted during transport. In this case, if unable to contact by telephone contact and access to information, there is this vote dangerous goods may be prohibited from unloading in the port of the United States or Canada.
2. In the dangerous goods declaration's first 20 columns and 22 columns are sure to fill the place and date
If you have any questions, please contact your local customer service representative.
Maersk Greater China,
August 26, 2019
CMA CGM announced without the use of the Arctic route
August 23, the eve of the G7 summit in France, CMA CGM Group "target =" _ blank "class =" external noeffect "> CMA CGM Group Chairman and Chief Executive Officer Rudolf Sade (Rodolphe Saade ) as the shipping industry representatives invited to the Elysee Palace Saad reiterated the CMA CGM Group's role as an environmental leader in the field of maritime transport position, and announced two decisions that affect the future of the shipping industry: CMA CGM's fleet without using the Arctic route; CMA CGM Group priority liquefied natural gas (LNG) as ship fuel.
Today, through Siberia coast of the Arctic route connecting Asia and Europe due to the effects of global warming, which has been navigable Arctic has a unique, most unexplored creatures, play a crucial role in regulating global climate and ocean currents to fly that the use of the Arctic route will cause a major threat to natural ecosystems of this unique region of the world - mainly due to accidents, oil pollution or ship numerous threats and strikes of marine wildlife caused.
in order to protect this fragile environment, Sa CMA CGM Group's decision to more than 500 vessels no one will use Siberia's Arctic route. Although this route to major shipping companies have a competitive advantage.
Furthermore, compared to conventional petroleum fuels, LNG has been shown to reduce 99% sulfur and fine particulate emissions, 85% of nitrogen oxide emissions and at most 20% of carbon dioxide emissions. CMA is applied to power the LNG its subsidiary vessels 23000TEU large container ships. CMA said select this groundbreaking seven years of development cooperation with shipyards, suppliers, large groups, small and medium enterprises and research laboratories. preceding nine container ships first ship will be delivered in 2020. in 2022, CMA CGM Group will own 20 LNG-powered ships. CMA also conducted research on other fuels, the world's first successful test biofuels liner companies.
During the G7 summit, Sade will be submitted to the President of France Make Long "Innovative and sustainable initiatives affecting shipping Charter" (SAILS), this "charter" was done at the initiative of the Ministry of ecology and transformation of French unity. Through the "Charter", the French ten shipping companies, that all the members of the French shipowners' association, pledged to take specific in reducing air pollutants and greenhouse gas emissions, protecting whales, marine energy optimization and performance as well as to strengthen relations with the scientific community, etc. action.
It is reported that CMA is committed to the industry in recent years, energy transformation and innovation, as the fleet is equipped with the most environmentally friendly technology. In 2005-2015, the Group has each container carbon dioxide emissions by 50% by 2025 and to develop a further 30% reduction target.
Saad said that these decisions not only to meet the environmental needs of increasingly demanding customers, but also for our future generations have a cleaner planet to make a responsible, forward-looking decision. He also invited to participate in the global shipping industry come in.
(Source: the shipping industry)
Cross-strait trade contraction in July, the freight index were mixed
reporter Li Ximing / Taipei
according to the Shanghai Shipping Exchange made (seven) month Strait container transportation market analysis, cross-strait trade and export contraction, in July shipped to Taiwan in addition to mainland East area than before (six) months of increases, southeast and northern freight index all fell.
Analysts pointed out that the airline market is generally stable in July, each port tariff slight fluctuations, the composite index rose slightly. Exports to the mainland market, the rise in the southeast port freight, East China, North Port market freight rates fell slightly, the export component of the index rose 0.9%. July mainland east and southeast, northern shipped to Taiwan Freight Index averaged 802.5 points respectively, 1072.47 points, 889.51 points, respectively fell by an average 1.2 percent the previous month, rose 4.8%, down 2.3%.
Import market, all the ports in freight rates each have ups and downs, in which the East China port tariffs rose slightly, Southeast, North Port market freight rates fell, the import component index rose 0.5%. July Taiwan shipped Tai Lu Huadong, Southeast, northern freight index average were 954.80 points, 1061.36 points, 994.65 points, respectively, from the previous month rose an average of 2.4%, down 0.9%, down 1.6%. Capacity scale aspect, July trade growth driven by demand for transport overall recovery, while some routes since the beginning of the end of June suspended initiatives help to improve market supply and demand. Shanghai Taiwan routes average weekly supply of space down to 7000TEU level, down 6.4% from the previous month, also decreased slightly by 0.5% compared with the same month last year. As fundamentals improve, the standard loading rate rebounded significantly.
Xinhua News Agency, Jakarta, August 26 (Zheng Shibo) - Indonesian President Djoko 26, officially announced that it would move to the Indonesian capital Jakarta from East Kalimantan province.
Djoko at the press conference held in the Presidential Palace said that the Indonesian government after three years of studies suggest that North East Kalimantan province of Champassak and Pena accounted for some parts of its bordering库泰卡塔内加拉is the new capital ideal location.
Djoko said that the above areas in central Indonesia, is of strategic significance in terms of geography between the port city of East Kalimantan provincial capital of Balikpapan and Samarinda high degree of development of two cities, suffer from floods, earthquakes, tsunamis, forest fires and other disasters with less risk.
August 26, when speaking in Jakarta, Indonesia, Djoko President of Indonesia to attend the conference at the presidential palace. The Xinhua News Agency (Zu Kanan photo)
Djoko said the government has prepared 180,000 hectares of land for the construction of the new capital. Entire capital relocation plan is expected to cost 466 trillion rupiah (US $ 32.68 billion), of which 19% of the funds will come from the government budget, the remaining funds will come from private direct investment, state-owned enterprises or public-private partnerships.
Djoko also said that the Indonesian government will continue to Jakarta as a priority direction of development, will build into its Indonesian business, finance, international trade and regional service centers.
Djoko said that the Indonesian government has moved the capital to study results submitted to Congress the same day, the government wants Congress through this program. In addition, Djoko said that the Indonesian government will immediately begin to prepare the relevant draft law, drawn by Congress.
August 26, in Jakarta, Indonesia, Indonesia, Djoko President (front right) attended the press conference held at the presidential palace. The Xinhua News Agency (Zu Kanan photo)
Minister of National Development Planning of Indonesia Bambang布罗佐内戈罗said that relevant ministries and local governments will now officially moved the capital to open preparatory work, plans to complete the design and development of the law in 2020 by the end of 2020 to start construction of the building, moved the capital to open the 2024 program.
Indonesia's capital, Jakarta, is currently the country's political, economic and cultural center, is also the country's largest city, the resident population of over 10 million. Due to population growth and lack of rational planning, Jakarta is facing serious traffic congestion, land subsidence, urban waterlogging and environmental pollution.
US container port traffic growth in the first half a new high , China increased 5.1%
[Reporter Zhou Yang / Taipei】 US-China trade war heating up, the first half of the US west coast port of Oakland (Oakland) this (○ Yijiu) of containers traffic, grew 3.6% over last year; the first half of this year, many American seaports freight traffic record or near-record levels. Market participants believe that the US economic expansion and elastic dictates. ○ Yijiu while the second half scale coastal port container traffic in mainland China, the growth of 5.1% over the first half of last year.
According to "Washington newspaper speed" (DC Velocity) cited in the report, the Port Authority of New York and New Jersey sources, the port container traffic growth of seven percent this year over last year, this is a record year. Shipping Gazette news also showed that the United States is continuing to push port expansion project, the newly opened railway into port facilities, port intermodal rail network on behalf of the official upgrade. And South Carolina, have carried out large-scale port infrastructure improvement and expansion.
The company is more than optimized Welch pier, this is a comprehensive facility covering 420 acres, the annual container handling about 1.1 million TEU.
It is reported that the first half of this year, Singapore and Hong Kong (Singapore) to complete the container transport volume 17.88 million TEU, compared with last year; Hong Kong Hong Kong (Hong Kong) in the first half of this year container traffic totaled 906.4 million TEU, fell 8.1 percent from a year earlier. Taiwan Shin Sheng Daily News shipping network
Shanghai last month, the amount of monthly cabinet refresh all previous records
reporter Li Ximing / Taipei
Shanghai Port Group (SIPG) data show that Sino-US trade war has not so far affected the performance of Hong Kong, and on the (seven) in a single month in May Shanghai the amount of previous records to refresh the cabinet.
SIPG statistics, Shanghai in July to 3.855 million TEU cabinet volume hit a record high, to refresh (2018) 3.812 million TEU in September written record, the cumulative January-July this year, the port cabinet has reached 25.391 million TEU, more than last year continued to grow 5.5 percent, ranking mainland China and the world's largest container port.
Another hearing, Shanghai Lingang Free Trade Zone new film test area yesterday (twenty) held the opening ceremony, south of the port range planning new film Shanghai Free Trade Zone Experimental Zone Shanghai Dazhi River, east of Jinhui Port and Yangshan Island, Pudong International the south side of the airport area. In accordance with the principle of "overall planning, step by step," first start Nanhui new town, port equipment? Industry area, small Yangshan Island, south of Pudong airport and other areas, an area of 119.5 square kilometers.
The new film will mark the port area of the free economic zone recognized competitive internationally, to achieve the investment management area between the new movie and overseas convenient, free access of goods, capital flows facilitation, transport highly open, freelance staff, information fast Unicom, to create a more special economic zones function with international influence and market competitiveness, create an open innovation, ecological wisdom, production integration of the city, should the industry livable modern town, active service and integration into major national strategy, opening up the service overall strategic layout.
The new film Zone was set up means that the management structure of the new film district official surfaced, and after the 2015 FTA expanding area management structure adjustment, except under the Area Authority, the Harbor District new movie new Department of Management Committee exercise of governmental authority Shanghai government agency.
Lingang day management approach new film Shanghai free trade area experimental zone promulgated in the form of government regulations, clear management system and mechanism Lingang new film area, after the opening ceremony, Shanghai authorities said next week with the Shanghai municipal government will release 50 new film zone Article Implementing Regulations. Allegedly, the mission and mandate new film port area construction is to build special economic zones function more international market influence and competitiveness.
US Trade Representative's office has made the second round of tariff adjustments to the list!
The United States since August 13 announced the postponement of part of the new round of tariffs on China, and recently announced that it would make the list of the second round of tariff adjustments!
It is reported that the list of Chinese-made furniture, routers, baby products and so on has been removed, which means that these products will not affect the current round of tariff by 10%!
It is understood that the removal list, a warning is due to a number of Western media and many mainstream financial institutions and scholars issued, said the taxation of these commodities will hurt the US people.
In the August 17, "List 4A" list to remove the wooden furniture, plastic furniture, metal frame chairs, routers, modems, strollers, bassinets, cribs and so on.
But there is still a lot of related merchandise is still lying among the list! September 1 will continue to face the threat of tariffs.
All along, most of the US baby-related products, the production and processing by China. June "$ 300 billion in tariff hearing," American Baby Products business noted, "In addition to China the second country can not replace."
In the furniture field, China has been the world's number one furniture production, consumption and exporting countries, production accounted for more than 25% global market share.
According to the authoritative data show that since the United States to impose tariffs on China's furniture, furniture nationwide price index in July rose 3.9 percent, including baby furniture prices surged 11.6% year on year!
It is understood that the total value of goods and tariffs in the United States more than $ 20 billion, accounting for one third of these total US imports of goods each year, so the experts say, will not only directly affect the tariffs of these products in the United States, but will affect the sales of related products in the United States!
Some of the goods "List 4A" list are excluded from the United States, in fact, largely the United States in order to avoid further exacerbating tariffs on such products.
In the end is smart or cunning, Burongfenshuo.
(Reorganization of content from search navigation network)
Ningbo Zhoushan Port Vale and deepen cooperation
August 16, the world's largest iron ore producer Vale do Rio Doce (Vale) signed a memorandum of understanding with Ningbo Zhoushan Port Group, to further deepen cooperation between the two sides. Vale said it was another milestone in the implementation of agreed under the "maximum extent to enhance the quality of iron ore," the pillar strategy.
According to MOU, Ningbo and Zhoushan Port Vale Group will seek to deepen cooperation, opportunities for synergies, supply Vale produced the world's best quality iron ore products to Chinese customers. The two sides will also seek opportunities to deepen cooperation in logistics and supply chains.
Vale CEO of Bain Duo (Eduardo Bartolomeo), "said Vale has established with China 46 years of commercial cooperation, we are proud of this long-term partnership. Memorandum of Understanding signed today strengthens Vale ties between the company and Ningbo-Zhoushan port, one of China's most important port partners. we look forward to continue to explore further opportunities for cooperation and ways of cooperation to ensure that we are able to get the world's best iron in China customers ore products. "
Zhejiang Harbor Group, Ningbo Zhoushan Port Group Party secretary, chairman Mao Jianhong said the rat wave lake ore transit terminal operation so far, although only just three years, but the amount of iron ore unloading rapid growth, this everything is inseparable from the strong support of CVRD and other partners. Focusing on the 'close to the Chinese market "strategy in the current Vale, the two sides have a broad space for cooperation and great potential for cooperation, the two sides hope to sign this as an opportunity to further deepen cooperation and achieve win-win situation.
Vale, based in Rio de Janeiro, Brazil, with operations in five continents, is the world's largest iron ore and pellet producer and the largest producer of nickel metal. Vale operations in Brazil and other parts of the world with large-scale logistics systems, including railroads, maritime terminals and ports, which are integrated with mining operations. The company also has a logistics center to support the global distribution of iron ore.
Ningbo Port in Zhejiang Zhoushan Port as one of the main business of the Harbor Group, is an important container ocean route to Hong Kong in mainland China, the nation's largest transit base for iron ore and crude oil transit base, an important domestic liquid chemical storage and transportation base and East China China's major coal, grain storage and transportation base, is one of the main hub of the country.
2018, Ningbo Zhoushan Port cargo throughput of 1.08 billion tons, an increase of 7.3%; container throughput of 26,378,000 TEUs, an increase of 7%, container volume rankings qualify for the world's top three in the latest Xinhua ‧ Baltic and International Maritime Center development index rankings, Ningbo, Zhoushan Port jumped from 18th to 14th in the world.
It is worth mentioning that, after nearly six months of a major dam-break accident occurred in January of this year, Vale announced in July last year shut down a quarter of 93 million tons of iron ore with an annual capacity of resumption of production time. And in recent days, you can see from public information, Bain duo came to the world's largest iron ore demand in China, met with intensive China Steel Industry Association, China Wu Po River Steel Group, COSCO shipping and so on.
(Source: Shipping Exchange Bulletin)
Trade war disturbances in financial markets, foreign portfolio investment in eight quarter low
Central Bank 20 release second quarter balance of payments, by the US-China trade war impact , merchandise trade surplus of 14.42 billion US dollars, compared with the same quarter last year, a decrease of $ 3.58 billion and portfolio investment outflow slowed, foreign portfolio investment inhabitants hitting 8 season low.
Central Bank statistics, the current account surplus in the second quarter of 2019, 17.56 billion US dollars, compared with the same quarter last year, a decrease of $ 180 million, the financial account net assets increased by $ 13.7 billion, is already a net outflow of 36 consecutive quarters, the longest continuous record in the history of record net outflow of financial account ; central bank is prepared assets increased to $ 2.45 billion.
The central bank further noted that the terms of the current account, second quarter merchandise trade surplus of 14.42 billion US dollars, compared with the same quarter last year, a decrease of $ 3.58 billion, mainly due to exports by the US-China trade friction unsolved, the global economic slowdown and the growth momentum of international raw material prices continued residence and other low impact, compared to the same quarter last year, a decrease of $ 8.52 billion; imports due to reduced demand derived from exports, also decreased by $ 4.94 billion over the same quarter last year.
US-China trade war brought not only reflected in the merchandise trade surplus decreased investment securities can also be discerned. The second quarter of this year, net portfolio investment assets increased by only $ 10.44 billion outflow slowed in which residents of foreign portfolio investment net increase of only US $ 10.16 billion, the most since the third quarter of 2017, nearly eight quarter low.
Central Bank officials explained that under the impact of the US-China trade war, global equity and currency markets are affected, Taiwan's financial market is relatively stable, people may focus on this, overseas investment securities assets become more wait and see.
As for the financial account net outflow of 36 consecutive quarters, the central bank said the current account surplus countries, mostly financial account, net assets increased, indicating that the country's net outflow of funds; countries have current account surpluses, such as Japan, Singapore, South Korea, Germany, Russia and Taiwan, the financial account showed more increase in net assets situation.
Maersk Warning: trade war or lead to decline in the next two years Cargo demand
the world's largest shipping company Maersk Group recently warned that Sino-US trade war is affecting economic growth will curb container cargo, cargo demand is expected to result in next year fell 1%.
Maersk on this year's global container cargo traffic growth is expected to remain at 1% to 3%, however, Maersk believes that with the Sino-US trade war heating up, may cause the growth rate of only low point of the target range. Maersk said the new levy tariffs between China and the US, together with the United States is expected to perform duties in mid-December, and will cut as many as 1.5% of the global container demand in 2020.
Maersk pointed out, by the impact of Sino-US trade war, the United States has been part of the import business from China to Vietnam, Korea, Thailand, India and Mexico, the two influence each other to levy tariffs significantly. Considering the slowdown in manufacturing growth, as well as the United States may continue to levy tariffs on Chinese Chukoushangpin many uncertainties, if the United States continue to impose 10% at the end of tariffs on Chinese goods to $ 300 billion according to the original plan, by 2020 global demand for Cargo probably will be down 1%.
Although the global container trade in the second quarter of 2019 compared with the same period last year increased by 2%, but all the major economies have suffered economic slowdown, the negative impact of escalating trade restrictions also put pressure on trade growth.
World Trade Organization (WTO), said global commodity trading volume growth could still remain weak in the third quarter of this year. WTO August 15 released the latest World Trade Outlook Indicators (World Trade Outlook Indicator, referred WTOI) was 95.7, lower than the previous version and much lower than the index index value of 100, indicating that the reduction of commodity trading volume continues to expand, and is expected to continue in the coming months.
The second quarter of this year, Maersk interest, taxes, depreciation and amortization profit (EBITDA) in 2018 with the same period increased 17 percent to $ 1.4 billion compared to better than analyst expectations of $ 1.24 billion; container volume growth of about 2% revenue increased slightly to $ 9.6 billion. Actual profit growth from the same period in 2018 of $ 15 million to $ 134 million.
Maersk CEO Shi Ren cable (Soren Skou) said that Maersk has made solid progress in the second quarter, the comprehensive consolidation measures to bring synergies of $ 1 billion, completed ahead of schedule to drive profitable growth. Maersk to carry out a major restructuring last year, selling oil and gas business, specializing in freight and logistics business.
In addition, benefit from the shipping rate hike, and increased freight costs decline, Maersk maintain annual EBITDA of $ 5.0 billion in forecast unchanged. Cable Shi Ren said: "For our business, the demand factor is about consumers and consumer spending, rather than the current US tariff consumers optimistic view, wage inflation and a steady market confidence in the current global demand to sustain growth momentum. we expect that by the end of next shares will maintain this momentum. "
(source: international ship network)
"DJ online" international situation tight, shipping generally bearish outlook
MoneyDJ news 2019-08-16 09:45:07 reporter Liu Wan Qing reported
to (2018) in the second half due to tax increases lead to a trade war vendors active ship, triggering tidal shipping, container shipping boom in shipments this year, Trump then the levy tariffs on $ 300 billion project, although the deadline from the original September 1, 2009, until December 15, but container shipping due to overcapacity, although the third quarter is a peak season, but shipping companies price increases difficult to achieve, the fourth quarter is expected to reduce tariffs to promote the class; air transport parts, transport demand this year continued reduction, but the anti-feeding may be transferred to Shenzhen, South China import and export of goods movement; you need to continue to focus the bulk As feed demand due to the impact of Chinese classical swine fever brings.
Container shipping prices failure, Q3 is not busy season
for trade war tax impact, Bank of the Philippine (5609) pointed out that indeed Container Line in early August, early American tax lines are crowded number, but did not expect to see the back of particularly optimistic, because the whole the transport capacity, the ship continued impact of the European water line transport capacity, and the original ship crowded European lines to the United States, more transport capacity expansion, so the August 1 price action did not succeed shipping companies, including the future of the season to levy service fees the amount will be August 15 before attempting prices.
With tariffs of view, the United States and China Eastern Airlines online Friday (9) offer of $ 2,660 per FEU freight, from the previous month (August 2) a decrease of $ 141 per FEU US West tariff of $ 1,474 from the previous month decrease of $ 115.
Bank of the Philippine goods in order to embrace the industry's perspective to assess the present situation, consider flagging freight, container shipping market conditions in the third quarter as a whole belong to is not busy season, coming in the fourth quarter also heard Container Shipping Alliance has planned to maintain the tariffs through reducing class China's export volume also reduce interference where there has been a trade war, but by the Taiwanese businessmen returning to Taiwan, led by Taiwan does have to enjoy the benefits of a single turn, the US export volume growth there.
Air cargo continued reduction, the Hong Kong Airport paralysis has little effect
The air part, trade war, because China needs Qudan, large shipments of semiconductors and other electronic components important reduction, caused by air shipments continued to decline, with the first half of this year, Taiwan's exports (Taoyuan) reduced by about 9%, but the United States line increased 8.8%, but 8.5% decrease in Europe, Asia-Pacific decrease of 14.5%; imports as a whole declined by 4.5%, but the United States increased 0.6%, Europe increased by 3%, 7.7% reduction in the Asia-Pacific.
To look at the three places, Hong Kong import and export of goods to China town, near the airport, although 2 of 2 degrees by the impact of anti send the crowds paralyzed some of the flights taking off and landing, but the cargo plane taking off and landing time to focus on the middle of the night, remained normal landing, for air transport has little effect, but the potential is still the possibility of a strike, in order to avoid future airport strike to transport goods, the owner is now also actively sought out the goods transferred to Shenzhen, Hong Kong airport to avoid being affected.
Because of Hong Kong's major commodity reliance on cargo aircraft, although the three places a large number of flights between Hong Kong and nearly 2 was canceled, but the Bank of the Philippine pointed out that Taiwan, the overall Hong Kong and Taiwan exchanges flights tank capacity of up to approximately monthly 2-30000 ton, the actual demand is only about 3-4 tons, 2nd overall tariffs, shipments are not large impact.
If the adjustment to Shenzhen transport, goods lower for the owner in terms of overall treatment costs, can save money, but Taiwan to Hong Kong, Shenzhen, much higher than the number of cargo aircraft far less in the future if the goods to Shenzhen goodbye to increase, you need to look at what impact.
Soybeans in bulk and then into a bargaining chip, but the influence of classical swine fever greater demand
with the smoke of a trade war breaks out, China also resorted again to stop the US soybean purchases as sanctions, but the response to the previous term, the bulk of the industry, since the Chinese self-sufficiency insufficient amount of soybeans is bound to be purchases from abroad, South America, usually the first choice, for small and medium sized bulk ships, bound for South America a few days longer, prices do not fall.
But in fact this year because Chinese domestic swine fever epidemic continues to spread, the number of pigs continued to decline, the industry statistics to year, rough estimate for the total amount of feeding by about 200 million, about one third of the original amount of breeding, raising the total amount to the end of more may be cut, showed a decreasing demand for feed, soybeans depressed overall demand in China, estimated to affect some small and medium shipping needs.
The United States will defer some Chinese goods tariffs
evening of August 13, the CPC Central Committee, vice premier of the State Council, China-US comprehensive economic dialogue Chinese people led by Liu He, with US Trade Representative Laitexize, Finance Minister Mu Nuqin call. The Chinese side made solemn representations to the US side intends to issue September 1 for Chinese exports to the US tariffs. The two sides agreed to talk again in the next two weeks. Minister of Commerce Department Zhongshan,中国人民银行Governor Yi Gang, deputy director of National Development and Reform Commission Ningji? Attended the call.
US Trade Representative's office said Trump will postpone scheduled for next month, the government began to impose 10% tariffs on certain Chinese products, including laptops and cell phones, including the US Trade Representative's office said in a statement, other products tariffs will be postponed to December 15, which includes "computer, video game console, some toys, computer monitors, and certain clothing and footwear products."
The news came out, the three major US stock indexes shot up sharply.
Industry professionals believe that due to the recent global capital market is being repressed too large, once the market with the message, there will be very easy to market "wind-driven grass move", but poor sustainability of this market, the future market ups and downs how important key depends on the direction of development of things.
Despite the current economic development in China face many new risks and challenges, economic downward pressure, but China always maintain strategic focus, do not emphasize short-term stimulus, but the restructuring and reform and opening up in a more important position, highlighting the strong determination and confidence to promote the development of high quality.
(Source: Logistics Baba)
Each container fined 250,000! DG concealed the birth of a new record fine
recent past, shipping companies have released concealed penalty notice of dangerous goods, fines can be said is a more than one! This can be seen shipping company's emphasis on dangerous goods concealed increasingly high!
It is reported that since the Matson ships for concealed dangerous goods, since the introduction of a maximum fine of 200,000 per container, recently, Evergreen Marine posted the highest fine to date for dangerous goods concealed 250,000 RMB per container!
In recent years, many times due to the occurrence of concealed dangerous goods container ship fire caused by accident, from last year, Maersk "Ho South," to Korea recently shipping "KMTC HONGKONG" container ship caused the fire, let the transport of dangerous goods once again become the focus of the industry . The cargo accident notification system (CINS) data shows that in the container ship accident that occurred this year in nearly 25% due to wrong declaration of dangerous goods.
For customers incorrectly declared dangerous goods, customs, ports and shipping companies to take various measures to repeated demands thorough investigation, penalties, there are still many companies take the risk. Currently include MSK, MSC, ONE, Hyundai Merchant Marine, South Korean Koryo Shipping, Matson ships, Orient Overseas, Sinokor other shipping companies issued a statement, announced the penalty.
Evergreen amount of the fine, is by far the most expensive fee to announce the shipping company. Previously, ONE announced the discovery of inspection by the shipping company concealed, omission or misstatement name and to be forced to change name of dangerous goods have to pay $ 30,000 per case, most of the other shipping companies $ 15,000 per case.
Once again appeal to all shippers of freight forwarding, compliance with laws, regulations and industry standards, strengthen self-discipline, to prevent the recurrence of dangerous goods concealed in order to work together to ensure human safety, boat safety, cargo security. Once concealed been seized, someone's business is not only faced with fines, are more likely to bear criminal responsibility, as related to freight forwarding companies will be implicated. Do not trust to luck, a little to the immediate interests of greater losses.
(Reorganization of content from search navigation network, shipping network)
China deliberated the construction of "strong world-class harbor" intends to build a "Big Mac" port
MoneyDJ News 2019-08-14 14:35:29 reporter News reported
economic information Daily informed that the continent positively elaboration relevant ministries to develop "strong guidance for building a world-class port," and is expected later this (2019) in the oven. Among them, integration is an important regional port trends, the recent Shandong, Jiangxi and other places port reorganization and integration of warming, a lot of "Big Mac" surfaced at the same time, to build wisdom, green port has become a new hot spot. Safe, convenient, green, efficient, world-class harbor strong economy, is the guidance for port development in the new era demands.
Institute of Comprehensive Transportation China National Development and Reform Research Associate Lucheng Yun pointed out, as an infrastructure, ports development level of economic and industrial needs for a particular stage; the current continent in transition to build a modern economy, the pursuit of global industry value chain towards high-end development stage , "world-class" port on the subject of the need for "first-class" industrial system, including a world-class port scale level, the basic operation of port efficiency class, first-class integrated transport system organization services, first-class value creation capabilities.
People involved in the development of guidance to believe that "world-class" port metrics should include more aspects of the delivery volume size, economic contribution, the business environment, green wisdom and so on. It is understood that mainland China is a big country port, port scale for many years in a row ranked first in the world, with a 2,444-ton berths; go (2018) completed in the amount of 14.35 billion tons cargo transport, container transport volume 250 million TEUs in global cargo transport container transport volume and the amount of the top ten ports in China have occupied seven seats.
At present, China has launched more relevant planning; namely Tianjin, considered and adopted the "Implementation Plan on Construction of a world-class port (2019-2023 years)", will be presented as the core of Tianjin Port and Tianjin and strategic resources of the country, maritime gateway "three North" region, the construction of international shipping around the core area of the goal, to build a world-class port wisdom, green port. "Marine Shandong province-building action plan" made it clear, in-depth implementation of world-class port construction operations, in order to build a world-class sea port as the goal of building an international shipping center in Shandong.
With the advance of "world-class" port construction, Shandong, Jiangxi, Liaoning, Anhui, Zhejiang and other places reorganization and integration warming. Recently, Shandong Province Port Group was formally established in Qingdao, Qingdao, Rizhao, Yantai Bohai Bay Harbor and integrated into a four port, Qingdao port where delivery volume exceeded 500 million tons, Rizhao Port and Yantai Port of over 400 million tons this means that a port "Big Mac" was born.
While the integration of resources, build wisdom, green port to become the new hot spot. In May this year, the Ministry of Transport mainland seven departments jointly issued the "wisdom of shipping development guidance," one of the ten task is to enhance the level of information technology wisdom of ports and shipping infrastructure. Deputy director of the Ministry of Transport and Water Board mainland Yi Ji-yong recently in the "2019 China Navigation Day Forum" said that this year the Ministry of Transport strive to promote the development of green shipping wisdom, the wisdom of including accelerating the automated container terminal port construction as the focus, in order to ship Moored use shore power, focusing on efforts to reduce air pollution emissions from ships and so on.
And a Chinese port for the first time among the top 100 container ports!
Recently, the British publication Lloyd's 2019 top 100 global container port in the latest list, mainland China 21 ports list, Jiaxing Hong Kong for the first time on the list, at No. 96. The top ten a total of six mainland Chinese ports list.
Jiaxing Port is a national first-class open shore, the rapid development in recent years, the number of open berths increase from 2012's 12-22. At the same time, cargo throughput is constantly rising.
January to June this year, Jiaxing port cargo throughput of 53.956 million tons, an increase of 8%; container throughput of 898,000 TEUs, an increase of 11.7%; complete foreign trade throughput of 6.549 million tons, an increase of 6.3%. Three major production data ranking the second in the province coastal ports.
The world's top ten container ports in China has seven ports finalists are: Shanghai (1), Hong Kong and Singapore (2), Ningbo Zhoushan Port (3), Shenzhen, Hong Kong (4th), Hong Kong and Guangzhou (first 5), Busan (6th), Hong Kong and Hong Kong (7), Qingdao Port (8), Tianjin Port (9), Dubai, Hong Kong (10).
Compared with last year, beyond the port of Ningbo Zhoushan Port in Shenzhen to become the third, two in Hong Kong Hong Kong losing streak dropped to seventh place from fifth name, port of Busan to maintain sixth position unchanged, beyond the port of Hong Kong, Guangzhou Port Busan Port rose to fifth place, also up one place to become the Tianjin Port ninth.
The eleventh to twentieth place in Chinese ports have three finalists are: Rotterdam (11), Port Klang (12), Antwerp (13), Xiamen Port (14), Kaohsiung Harbor (15), Dalian Port (16), Port of Los Angeles (17), Danrongpala Pass Port (18), the Port of Hamburg (19), Port of Long Beach (20).
Among them,丹戎帕拉斯Port and Port of Long Beach Ranked compared with last year has increased, respectively, from 19th to No. 18 to No. 20 and 21. Port of Hamburg ranking declined from 18th place down 1-19. Other ports Ranking last year remains unchanged.
Other notable Chinese ports are: Yingkou Port (26), Taicang Port (31), Lianyungang Port (34), Rizhao Port (41), Dongguan and Hong Kong (46), Fuzhou (49) , Nanjing port (53), Yantai (60), Tangshan port (61), Quanzhou port (77), Zhuhai port (81), the sea port (90), Jiaxing port (96).
It is reported that in 2018 one hundred largest container port throughput slowed slightly, total container throughput of 616 million TEU, an increase of 6% from the previous year to 4.8%, but in the global growth remained strong. Chinese economic slowdown and Meiyouzuai development throughput, and Southeast Asia as the pace of the rise of the container trade power to accelerate.
(Source: Air Search Network)
The impact of a trade war too painful, the British industry should move back to Taiwan production line
of CNA | Release date 2019 Nian 08 Yue 14 Ri 8:30 | international trade classification, notebook computers, financial follow us in feedly
Bloomberg reported, along with the United States trade war in upgrading laptop manufacturer British industry (Inventec Corp.) said it would sell the US notebook production lines out of China in a few months, capacity reflux Taiwan.
British industry general manager Wu Yong Choi said the company will sell all the production operations of the US laptop market moved back to Taiwan. This is the American President Donald Trump announced that it would implement a new round of tariffs on Chinese goods since, the largest enterprise to move out move. Trump announced that from September 1 to $ 300 billion Chinese goods tariffs by 10%, smart phones and laptop computers and other consumer products are included in the new tariff list.
Wu Yong Choi told investors, the British industry hopes within 2 to 3 months to complete the transfer of large-scale production capacity. British industry is responsible for OEM Apple (Apple Inc.) AirPods, and Hewlett-Packard Company (HP) notebook production, estimated to account for one-third of British industry revenue.
US-China tensions rising, Inventec and Hon Hai Apple foundries and other global electronics supply most Taiwanese companies are re-examine the dependence of China's second-largest economy.
Chinese tariffs on manufactured goods to rise, may be completely eroded profits of these companies, subversion and the smooth operation of several decades of history of the supply chain. Microsoft (Microsoft Corp.), Amazon (Amazon.com Inc.), Sony and Nintendo (Nintendo Co.) are reportedly considering whether to stay away from the conflict in the line of fire.
Bloomberg recently reported, Alphabet Inc. Google's career has mostly pin motherboard production line moved to the United States and Taiwan.
Wu Yong Choi said that the end of the online method will say: "trade war is very painful for us," the British industry on the management of the online law that would explain how the transfer of production capacity hurt the company's efficiency and profitability.
By science and technology, including Dell (Dell Technologies Inc.) and other famous Nintendo customers stimulus, Taiwan OEM manufacturers being developed contingency plans to transfer a specific job or assembly exploring alternative production base.
Compal Computer, General Manager Wengzong Bin, 13, said, Compal notebook has been part of the production line moved back to Taiwan, and if the conflict spread trade, you will consider increasing investment in Vietnam.
Quanta chairman Barry Lam told reporters that the company will definitely part of the business moved to Southeast Asia, but he did not mention a timetable. Quanta Yang Junlie chief financial officer, said the company's current goal is to use facilities in Taiwan, production to meet customer demand in the region outside of China.
However, only a very small number of large manufacturers really put a lot of production lines out of China. Chinese position as the world's electronics production base, is unlikely to be weakened so quickly.
Lam: United States and Canada to avoid the tariffs, Southeast Asia, production is bound option
of CNA | Release date 2019 Nian 08 Yue 14 Ri 9:00 | international trade classification, notebook computers, components follow us in feedly
against the United States would impose US-China sales laptop, etc. 10% tariff, Quanta chairman Barry Lam, 13, made news conference, said the locking pin beauty products in Southeast Asia, this is "certainly an option," but undetermined time in the performance.
Lam explained, Quanta US laptop sales accounted for one-third of the overall notebook, so only part of the move to the United States and Southeast Asia sales production; although the US laptop sales to levy a 10% tariff, not to the 25% level of high tariffs but for consumer goods, 10% of the tariff must already pay a high cost, so the locking pin is moved to the United States and Southeast Asia product production.
He believes that although the laptop industry supply chain is still in China, but recoverable relatively cheap shipping the parts shipped to Southeast Asia, the liquid crystal panel is flat after all, easier to transport. United States first imposed a 10% tariff things get, other non-US product sales temporarily moving production line.
Quanta also vice chairman Leung Chun-assessment, short-term settlement laptop industry will remain in East China, Chongqing, US laptop sales assembly production line moved to Southeast Asia, the supply chain does not move along; but in the long run, still need to be considered the formation of industrial clusters in places outside China.
Lam said that Taiwan's exports to the US in the production has been in operation for six months, must be mass-produced exports to the US will move to Southeast Asia operations, and assessment has been completed, a decision will have to be recent, but still with the client to discuss specific practices everything is ready and waiting for the guests decided, you can operate under the order.
(Author: Pan Zhiyi; first map Source: Science and Technology Daily News)
Dalian Port on the electronic platform for delivery of goods line, three hours to complete all import delivery procedures
August 7 at 9 am, Dalian Jiuding international logistics companies by Dalian port electronic platform for delivery of goods, imported goods proposed to change a ticket to Shanghai SITC Container Lines Company single application, start operation for a single line. After three hours, the shipment complete all import delivery procedures, and the smooth departure from Dayao Bay Container Port. "In the port electronic platform for delivery of goods after the trial operation, we have the honor to become the first pilot users. With this platform, links for delivery procedures and time can be significantly reduced in the past proposed a shipment will take at least 1 day, now three hours to complete, which allow enterprises to enjoy a real business environment to optimize the port to bring convenience and benefits. "Dalian Jiuding international logistics company, not without a business person said excitedly.
In the enterprises play the main role in promoting the construction and improvement of the business environment concept, Liaoning Dalian Port Group actively supports port electronic delivery of goods platform construction project, its DPN (Dalian Port Logistics Network Co., Ltd.) and DCT (Dalian Container Terminal Co., Ltd. ) in February this year, jointly launched the project design and development, July 1 platform into trial operation. On-line operation of the platform opened the Dalian Port imported suitcase full business process documents electronically process, promote the port construction in Liaoning wisdom Port Group to a new level.
The platform will be shipping companies, shipping, shippers, freight forwarders, terminals, depots, fleet and other related business optimization design, implementation of electronic bills of lading, encrypted electronic documents circulation, the traditional import simplify delivery procedures.
In the traditional Port imported delivery process, for single suitcase and places belong to more, people need to hold the paper to run a single bill of lading, shipping companies through agencies (shipping), banks, docks, and other layers of the transfer station, carried out for a single , billing, remittance, pay a single junction fees several operations, the terminal delivery procedure to be completed, a lot of labor and time spent costs. , Business users can conduct electronic delivery of goods through the port for a single online application platform, electronic payment, specify the team, put the electronic box, marina fees, operation junction, and keep abreast of dynamic real-time electronic delivery, will be able to fast in just a few hours complete all formalities import delivery of goods made smoothly, significantly shorten the delivery time and reduce delivery links, speed up the flow of goods, have a positive role in enhancing the effectiveness of port services.
In order to more closely combine actual port, to meet the needs of the user experience, DPN platform during operation, also carried out targeted special design business, has increased inter-departmental transfer of electronic documents, bills of lading sub-order processing and other new features. Next, DPN will increase the range of applications of electronic platform for delivery of goods, and continued efforts to promote the optimization and improve the port processes for the construction of efficient, ecological wisdom of port logistics play a more active role.
What is Indonesia's intention to publicly oppose the sulfur restriction?
The Ministry of Transport of Indonesia recently announced that Indonesia will not impose the 2020 IMO sulfur limit on domestic ships and will allow ships to use heavy oil during their voyages in its waters. In response, the Trident Alliance, composed of Maersk, Norden and Herbrot, condemned it.
Last week, the Ministry of Transport of Indonesia announced that since January 1, 2020, Indonesia has refused to comply with the regulation of limiting the sulfur content of marine fuel oil to less than 0.5% and will not assemble a washing system.
It is reported that Indonesia's resistance to the new regulations may be related to the rise in the price of low-sulfur fuels. Therefore, even without the installation of washing equipment, the Indonesian government allows its ships to use fuel containing up to 3.5% sulfur in territorial waters after the new IMO regulations come into force.
An anonymous official said: "The use of low-sulfur fuel will increase operating costs, logistics costs and goods prices will also be affected."
Indonesia plans to continue to oppose the new rules until the country imports more low-sulfur fuel. The official also revealed that Indonesian ships will still comply with the sulfur restriction order during international navigation.
Distorted competition concerns
Indonesia's statement has triggered serious criticism from the Trident Alliance. The Alliance said it was concerned that the new IMO regulations would have to be implemented both domestically and internationally because the use of low-sulfur fuel would significantly increase the cost of shipping companies. If Indonesia does not comply with the rules, it will affect competition.
Roger Strevens, chairman of the coalition, said in his statement: "Any non-compliance with the rules will result in unfair competition and lead to greater irregularities. The shipping industry has invested a lot of money and energy in meeting the IMO's new sulfur restriction order, and Indonesia's decision at this juncture is not helpful.
The alliance also believes that if Indonesia insists on violating the new IMO sulfur restriction, it will inevitably be legally accountable.
"Indonesia, as a party to Annex VI of the IMO MARPOL Convention, does not exempt merchant ships from the right to comply with the Convention."
IMO statement: Sulphur restriction order also applies to domestic waters
A spokesman for the IMO confirmed that the new IMO sulfur restriction order also applies to national waters. Article 14 of Annex VI to the MARPOL Convention applies to all ships, in other words, to ships navigating domestically and internationally.
Previously, with the approval of IMO, the sulfur content standard for marine fuels will be reduced from 3.5% to 0.5% since 2020. Since then, the new sulfur restriction has been opposed by several national parties because of the huge cost of using clean fuels.
According to statistics, whether using low-sulfur fuels or installing desulfurization equipment, the new IMO sulfur restriction order will increase the fuel cost of shipping companies by $10 billion to $15 billion, far higher than the current profit level.
US-China trade war spread, many Taiwanese to avoid fighting to get into North Vietnam investment, driven by the cost of upgrading. North Vietnam rooted in 18 years of observation of Taiwan, in addition to labor costs rise year after year, the North Vietnamese land prices has been a substantial growth of 30% in the past year.
Vietnam's first precision in 2001 to set up factories in North Vietnam, North Vietnam was one of Taiwan investment to advance early. General Manager Wu Congwu description, Vietnam's main production of precision vehicle parts, customers include TOYOTA, HONDA, YAMAHA, Ford and other motor vehicles manufacturers, due south at that time the textile, footwear and other vendor-based, auto parts factory, processing plant in the northern part of the cluster, in order to get closer to customers, reduce costs, and therefore choose settled in North Vietnam Vinh Phuc province.
US-China trade war spread in recent years, many investors awaited manufacturers in Vietnam, and even investments by the war affected manufacturers in China, began considering a move into North Vietnam. Wucong Wu said that over a period of time does have received many of the industry consultation and to ask for, but he admits, rush into the North Vietnamese, really caused no small impact on businesses already in the local investment.
Land costs rose sharply felt the most impact, Wucong Wu explained, from the second half of last year, the price of land near the industrial area have continued soaring, most recently heard, the price compared to the first half of last year increased by 20% to 30%, regardless of the new old industry who want to invest in local, plant expansion, are significant cost. But he also said, because the company already has plans to expand the plant, and therefore have been bought before the soaring land prices last year near the existing plant land, the future will be built for the sixth plant, put into production.
In addition to the cost of land, year after year had increased labor costs but also because of new entrants to compete with the industry's poaching and up. Wu Congwu analysis, labor costs compared to North Vietnam in South Vietnam, is actually relatively low, but in recent years in addition to a fixed 8% to 10% wage growth, many new entrants also have the manpower demand, rising labor costs and therefore exacerbate the situation.
(Author: Wu Bai Wei; first map Source: Unsplash)
Global container shipping transport capacity rankings released version shipping
According to French shipping consultancy Alphaliner latest data transport capacity, as of yesterday (five) days of global container shipping transport capacity ranking released. The top three ranked order: Maersk total transport capacity 4,189,134 TEU (Global accounting for eighteen percent), Mediterranean Shipping Company (MSC) of the total transport capacity 3,516,645 TEU (global accounting for 15.1%), COSCO shipping Group (COSCO Group) of the total transport capacity 2,924,081 TEU (global accounting for 12.6%).
Alphaliner noted that the fourth to tenth order: CMA CGM Group (CMA CGM Group), Hapag-L Ioyd , ONE , Evergreen , Yang Ming Marine Transport , Hyundai merchant Marine , Pacific International Lines (PIL). Of which the first seven are able to transport more than one million TEU. The world's top ten container transport company can be accounted for 83.4 percent of global one hundred largest container company's regular line.
Ranked eleventh to twenty ten in sequence: Zim , Wan Hai Lines , KMTC, IRISL Group, Anton Holdings , Zhonggu Logistics Corp., Singapore X-Press Feeders Group, SITC , TS Lines, SM Line Corp. , According to statistics, the top 20 container regular line transport company can account for 89.9 percent worldwide.
Alphaliner said the global container transportation company's regular line can ranking presented much the same situation. Further analysis, Maersk , MSC, COSCO Shipping Group , CMA CGM Group and ONE and other large container companies, transport capacity growth many are more than twenty thousand TEU, especially in the most Mediterranean shipping transport capacity growth, reaching ninety-four thousand seven hundred twenty-eight TEU, increasing the number of ships eight.
Taiwan Shin Sheng Daily News shipping network
US-China trade war US West Coast container traffic affected
[Reporter Chen Weiqiang / Taipei] by the US-China trade war affecting trans-Pacific trade route capacity remained weak, the nation's largest container port Port of Los Angeles import freight in the second quarter ‧ nine percent decline in three, the second largest port of Long Beach Harbor over the same period imports also decreased eleven percent.
Intermodal Association of North America (IANA) pointed out that the second half outlook will depend on developments in US-China trade tariffs, if the United States and China to reach an agreement, will help to further promote the growth of maritime cargo containers, but if continued to increase a transit tariff, container cargo will certainly decline in the second half.
Since the tariff increase has slowed imports from the United States mainland Chinese shipments had a major impact on the US West Coast ports, fell by more than Yi ○% through the number of shipping containers Xi Nanbu United States, where the containers imported from mainland China fell by five or six ‧ %. Wei Mei East Coast ports has a different situation, shipping containers of imported second quarter growth in the first ○%. IANA noted, boosted by the impact of a stronger euro against the dollar, trading between Europe and the transatlantic shipping market has been one of the more robust market, but at the Panama Canal widening and expansion, but also to be able to ship more Asian Airlines arrived in East Coast ports. Increase in European imports, also contributed to the increase in imports of container east coast, east coast ports in the relative import container trade, accounted for a larger proportion.
Due to the poor performance of multimodal transport in the second quarter, IANA forecast for container transport, rail and truck freight display in the second quarter freight recession. IANA said rail and truck cargo containers fell three percent over the previous year to the June one hundred eighty-seven million TEU, dry container rates in the near two-year low, resulting in more cargo using trucks, and truck capacity to maintain the relaxed state , the price is much Lower than 2 ○ Yi eight years, and intermodal competition is relatively more intense than last year.
Warehouse and container terminal industry to implement self-management operations manual section provides amendments take effect
[Reporter Chen Weiqiang / Taipei】 Ministry of Finance and Customs Department correction "- warehouse and container terminal industry to implement self-management operations manual" section provisions, That takes effect.
As a rule, shipping multipacks and export goods by air with the customs clearance of export goods computer notification (N5204) message or form, than binning data and correct after, sent to monitor a warehouse or loading and cabinet (play discs). But has not released the declaration of export goods by air carriers included in the application by the urgency of the fight manifest possessed person, warehouse operators have not been to the customs clearance of export goods computer notification (N5204) before playing the disc in the area to move ahead warehouse fight disk, and print "export goods not yet been included in the application manifest to fight the release of" clearing tables and detailed real-time operating system for warehousing posted for customs checks; such as the customs clearance of goods through customs approved for C3 fulfilled or there are those who recognize the need to check, should still be removed in accordance with regulations disk for customs inspection.
Computer exports of goods release notification (N5204) with release conditional release or to manual work who dedicated personnel file should be completed with the release of matters to be handled beginning granted a warehouse loading (play discs). Receiving a release message when such information is found abnormalities (such as release time, release the number of pieces is zero), telephone inquiries should be reason for the exception to the customs clearance network, or to check with customs export customs formalities bit.
When the computer failure, Customs officers estimate points on the shipping order (S / O) or consignment note to sigh, to replace the computer export goods clearance notification message (N5204), warehouse operators should check customs clearance and release of goods Seal staff released chapter (Chapter name or rank) beginning prospective release of goods outbound (stack) after correct.
Export goods outside into the storage warehouse of the airport control zones warehouse release, after loading (disk), a warehouse dedicated staff charged with monitoring the bonded truck (container) and sealed customs seals, beginning Zhunyun transition zone handed over to the airport warehouse specialist staff, then pay transporters installed.
Taiwan Shin Sheng Daily News shipping network
RMB devaluation breaking 7 million, will help manufacturers to reduce trade war tax impact
US-China trade war exacerbated the impact of the dispute, the yuan was demoted seven yuan broke the psychological mark, Asian stocks linked, NT also followed heavy derogatory, favorable export-oriented electronics to zero assembly plant, part of a trade war will offset the impact of tax increases bring, enable manufacturers to breath.
Laptop behalf of the industry, said the smaller devaluation affected, but there may exchange gain of NT devaluation, greater impact.
Taiwan PCB business who also believes that devaluation positive impact on operations, including raw material costs, personnel costs down, help to improve profits.
Against the dollar this morning near 9:30, offshore renminbi against the US dollar depreciate break 7 mark, and continue to edge lower, to the 9:40 mark further 7.1 derogatory break, reported 7.1060; onshore renminbi against the US dollar 7 also demoted break, was the lowest reported 7.0424. RMB devaluation rate of over 1%, with the impact of major Asian currency devaluation, followed by Taiwan dollars fell, depreciation of up to 2.34 angle, measured back to the end of May the band hit a new low price of 31.635 yuan.
US-China trade war originally thought that the market will tend to ease, only to turn the situation playoff chances increase, offshore and onshore renminbi today were seen 7 prefix, but also a little respite for the local Chinese electronics manufacturing exporters.
Components industry to set up factories in China, said the US President Trump announced that from September will be $ 300 billion in imports from China imposed a 10% tariff, there is a certain pressure on exporters costs, but devaluation did help to offset part cost pressures, reduce the impact.
The industry also stressed that the overall effectiveness still considered to raw material procurement, or whether there are factors that dollar-denominated debt and other dollar-denominated assets to do a comprehensive assessment. In addition, the US-China trade war impact on the end-market demand is also important to observe intensified.
Quanta pointed out that, due to mining transactions denominated in US dollars, but the financial statements presented to the NT dollar against the depreciation of the New Taiwan dollar is expected to have an exchange gain, due to the Chinese factories with US dollars, but the local hydroelectric plant, staff salaries paid in RMB, the yuan devaluation of the company will have some impact.
The impact of devaluation and large is not large, because mining and large dollar transactions, the influence of NT dollar against the US dollar on the company's relatively significant; NT $ against the US dollar today despite heavy derogatory, but earnings if there are foreign exchange gains, still depending on the season the end of the exchange rate movements and NT may be.
Devaluation favorable export-oriented electronics industry, relative, for importers unfavorable, in terms of Chinese market, Taiwan's food industry to be based mostly in China within the local market. Food industry, said the devaluation has little impact on domestic demand, the real impact of the importer, in particular, the expansion of China's commitment to the US soybean purchases, depreciation of the yuan against the US dollar, will elevate procurement costs, is expected to weaken consumer spending.
Associate consultant at Cathay certificate of Jane Birkin-yee, said devaluation of Taiwanese businessmen in China producing beneficial, helping to enhance competitiveness, improve profit structure surface, but the price point of view is unfavorable, and today the NT, other Asian currencies are devalued, inadequate capital side, unable to provide plenty of momentum for the stock market, for Taiwan stocks, land and stocks, Asian stocks are negative, but also the follow-up observation is more harm than good, more good than harm.
(Author: Han Tingting, Jiang Mingyan, Pan Zhiyi; first - Source: shutterstock)
French PORT HAROPA won the best port award in Europe Li Harvard Port multimodal transport led to inland volume growth 20190801
(Journalist Chen Weiqiang/ Taipei Report) The French port of HAROPA continued its two-year volume growth, with volume growth of 5.1% to 40 million tons in the first five months of this year, container traffic growth of 4% to 12 million tons, 1.2 million TEU, and transshipment volume of ocean freight forwarding by 10% from the new ocean-going routes and offshore feeder lines of the Shipping Union.
HAROPA Port was awarded the "Best Port in Europe" award series at the Asia Cargo News Annual Maritime Logistics Event", with HAROPA Greater China Chief Representative Christophe Cheyroux received the award from Kerry Logistics Group CEO Robert Berger and thanked Asian customers for their recognition of the Seine-Man River Channel Logistics solution.
HAROPA Port points out that one of its members, the Lihar port multimodal terminal, has led to an increase in inland volume by 3.2 percent and attracted international customers to the port to develop new logistics parks, including the Normandy Bridge Phase III Flow Park (PLPN3) at Lihar port and the RVSL in Port Rouen. Amont Logistics Park, the first warehouse is expected to be operational in early 2021.
The port of Lihar-Harvard multimodal terminal, which was officially operational in March 2017, grew by 9% in the first four months of this year after nine months of volume exceeding 144,000 TEU. And HAROPA Port actively develop green multimodal transport strategy, not only the European Union's environmental policy, but also in response to the high demand of European customers. Among them, the transport of railway goods has become an important strategy for the active development of logistics in HAROPA port, AND the port of HAROPA and the French railway authority SNCF have begun to carry out the railway renewal project between Serqueux and Gisors, with the goal of increasing the volume of rail freight transport between L'Ath and Paris. Twenty-five daily rail container services will be provided between the port of Lihar and Paris by 2020.
The Port of Lih-Harvard is an important European gateway for Michelin, with 18,000 TEU transports a year, and 25% of Michelin's containers in France are now transported by rail, with an annual growth rate of 10% from 2017 onwards, which will help Michelin cost and environmental lyscompetitive. The Sena-Marne River Barge Improvement Programme, port port container exclusive terminal Port 2000, has been financed by the European Union to build a connecting channel connecting Port 2000 to the existing container terminals, enabling Port 2000 to provide round-the-clock river services.
Taiwan's New News Shipping Network
Seven major industrial and commercial groups to promote strike notice into france 20190801
Reporter Chen Weiqiang / Taipei Report: Representatives of the seven major industrial and commercial groups yesterday (31) met with Labor Minister Xu Mingchun yesterday to urge the strike notice period into law and ban "professional trade unions to exercise the right to strike" please. Lai Zhengxuan, chairman of the National Business Association of the Republic of China, Su Weilun, vice chairman of the Federation of Small and Medium Enterprises, Zheng Fuxiong, vice chairman of the Association of Electric power, and Ye Zhengyan, convenor of the supervisory board of the Association of Industry, are all worried about the recent strike chaos in Taiwan. Xu Mingchun, the minister of labour, said that he would continue to listen to the views of all parties and would serve as a reference for future amendments under the principles of "lawful protection of the right of labour to strike" and "taking into account the rights and interests of consumers".
Taiwan this year was hit by two major Air China strikes, labor, capital, consumers all paid a heavy price, China Airlines pilots strike for seven days, a total of 214 flights, affecting the number of passengers more than 25,000, loss of revenue of more than 500 million yuan; Revenue loss of 3.24 billion yuan.
The seven major industrial and commercial groups agreed that the impact of the strike was too great, so it was initiated by the General Chamber of Commerce and Industry, the General Chamber of Industry and Commerce, the General Assembly of Small and Medium Enterprises, the Electrical and Telecommunications Association, the Industry Association and the Federation of Industrial And Industry Manufacturers, among other six industrial and commercial groups, to urge the Government to amend the law and set out the law. Professional trade unions shall not exercise the right to strike" and set a "strike notice period" for industries vital to the public interest for 30 days.
Lai Zhengxuan, the general chairman of the commerce department, said that the right to strike was a legitimate means of negotiation between workers and management, but should be exercised by the enterprise trade unions and should not be involved by professional trade unions, in addition to insufficient representation, but also worried about being manipulated by unscrupulous operators, affecting the market order. In the past, under British Prime Minister Margaret Thatcher, the Trade Union Act was also strongly amended to prohibit "professional trade unions" from striking, and only "corporate unions" had the right to strike would stabilize Britain's economy.
He said that the transport industry is a public interest cause, taking the Changrong flight attendants strike as an example, the impact of the impact extended to the travel industry, hotel industry, retail services and other surrounding industries and the convenience of the general public consumers, must be set up "strike notice period" in order to minimize the impact.
The Minister of Labour, Xu Mingchun, responded that he had recently received proposals from all walks of life to amend the law on strikes, and that some legislators had proposed to amend the law by air law, which was a possible practice, and that the Ministry of Labour would try its best to listen to the voices of all sectors and discuss with the Ministry of Transport to discuss the "legal protection of the right to strike" and "the right to strike in law" and "the law on the work of the law." Under the two principles of taking into account the rights and interests of consumers, efforts are made to solve the problems caused by the strikes in the transport industry.
As for the upcoming basic wage review meeting on August 14th, seven major business groups have also reflected to Minister Xu, hoping to maintain the status quo without raising it. Lai pointed out that since 2011, the basic wage has been increased for eight consecutive years, with the monthly salary rising from $17,880 to $23,100, an increase of 29.2 per cent, and the hourly wage rising from $98 to $150, with a total increase of $52, or more than 53.1 per cent. The basic wage of workers has been rising year by year, but in the past eight years, only secondary salaries have been adjusted, by a total of 6% in 2011 and 2018 respectively, and the Government should play a leading role in encouraging enterprises to raise wages, if the Government is unable to raise wages due to a number of factors, such as business climate and prices, before discussing basic wages with enterprises, More careful consideration should be given to the affordability of enterprises.
Lai said that basic wages are not related to Taiwan's low wage problem, low wages are related to the entire job market, the government should strive to boost the economy, Taiwan's GDP, national income, increase employment opportunities, attract foreign investment, Taiwan businessmen return, wages will naturally rise.
Taiwan's New News Shipping Network
ACP will adjust the fee structure from January 1 next year
Reporting by Li Ximing/Taipei
It is reported that the Panama Canal Authority (ACP) will hold a hearing on the proposed adjustment of the toll structure, the program is expected to be implemented from January 1, 2020.
The ACP said it ensured that all factors were taken into account before introducing a new fee structure, and that an internal meeting was held to discuss changes, with a final proposal expected to be formed in early September.
Sources pointed out that at present, aCP has received advice, including the United Kingdom, Japan and other shipowners, the carrier shipping operators think that the implementation time should be delayed by at least six months, of which the Japan Shipowners Association (JSA) pointed out that because January 1, 2020 is also the International Maritime Organization (IMO) sulfur limit effective date, if the Panama Canal charges adjustated at the same time, will multiply the cost burden of shipowners' operations.
JSA argues that the high increase in canal tolls (5 to 15 per cent) could affect trade growth, while toll incentives should not be targeted at only a small number of liners, and that the new standards should be aimed at large ships such as the new Panama model, which is often the greenest. Therefore, the increase in the rate of large ships should at least be consistent with that of small ships.
Car carriers point out that the tolls for the new Panama-type ship have risen by 15 per cent, while the Panama-type has increased by only 5 per cent, which would make it much more expensive per cubic metre than other types. Carriers have proposed a reduction of 8 per cent in toll increases for new Panama-type vehicles by 2020, while the Panama-based model should be increased by 5 per cent (or 2.5 per cent per annum) within two years.
It is understood that the aforementioned fee adjustment scheme includes dry bulk carriers, passenger ships, container ships, car ship plates, in which container ships implement the "Panama Canal Loyalty Program", the traffic volume of 2,000,001 to 3,000,000 TEU container ship companies, the cost classification is more detailed, More than three million TEU people will receive additional benefits. New Panama rates have been added to the motor vehicle, the Panama-type ship tolls have been fine-tuned and adjusted according to the size of the ship. As for tankers, chemical vessels, LPG/LNG vessels, the cost of tankers, chemical vessels, LPG/LNG vessels remains unchanged, but the proposed cost is linked to the value of the route.
Qingdao Port: Leading the innovation and business environment and accelerating the construction of world-class marine ports
Since this year, Qingdao Port around the "regional economic development of important infrastructure, public service platform and the world window of Unicom" new positioning, take a variety of effective measures to continuously optimize the business environment, reduce prices, upgrade services, help Qingdao to build an international shipping trade financial innovation center, accelerate the construction of a world-class marine port.
According to the relevant data of the National Development and Reform Commission, qingdao port foreign trade import and export container handling costs from 575 yuan / TEU in 2017 to the current 480 yuan / TEU, a decrease of 16.5%. The cost is significantly lower in coastal ports across the country.
In terms of reducing prices, Qingdao Port introduced a combination of measures to drive the port logistics costs down, focusing on the field station, ship generation and other intermediate links of logistics, adjusted 22 charges. At the same time, the society issued a "full logistics sunshine price" list.
In terms of improving efficiency, through strengthening port-gate cooperation, continuously reduce intermediate links, improve inspection efficiency, establish a "411" inspection operation mechanism, to ensure that within 4 hours to achieve the identification of container displacement, in place, within 1 hour after the completion of the inspection of the container out of the inspection area. Actively promote the "48-hour forecast, 24-hour confirmation" berth window service, to ensure that ships follow the line, and strive to reach "zero waittime", especially in high winds, fog and other bad weather, to maximize the guarantee of the ship company ship schedule, according to Maersk, Dafei and other shipping companies released data, Qingdao Port container operation efficiency continued to maintain the world's first. Among them, Qingdao Port fully automated terminal single machine efficiency has reached 36 natural box / hour, than the world is now operating automation terminal 50% higher, greatly compressed the ship's time in port. Speed up the construction of "smart port", improve customs clearance facilitation, open the import and export of goods in the port logistics link "last kilometer", through the upgrade of the port, intelligent transformation and other means to continuously compress the import and export goods in Hong Kong time, the speed of the suitcase control within 30 minutes, the trailer crossing time from 2.5 minutes to less than 20 seconds.
In the service upgrade, continue to standardize the operating order, customer satisfaction significantly improved. Build online, offline unified business hall, so that "data more runs, customers run less legs." Completed the container import online business office, export online business office, manifest transmission platform and other related functions to the "logistics e-commerce service platform" business function migration integration, to achieve users in a platform registration, login and business inquiries, billing and payment settlement. Development of online clearing center, a window can handle the past need for three windows to handle business, save customers 1-2 hours, the full implementation of sun service, smile service, standardized service, efficient service, integrity service, the establishment of quality of service inspection team and complaint telephone, the implementation of the "first question responsible, limited time processing, accountability" system, Continuously upgrade the customer experience.
At present, Qingdao Port is using platform thinking to develop "multiplication", to create a "one-way interface" that matches the needs of all parties, to build a more efficient and convenient, open and inclusive, more modern awareness and international standards of service new system, and strive to build a new highland open to the outside world.
Hyundai Merchant Marine to join THE Alliance, will enhance their competitiveness
2M shipping South Korea's Hyundai Merchant Marine Union (HMM) will join in 2020 THE Alliance, from Maersk Line and Mediterranean Shipping Company (MSC) is. This will enable THE Alliance to gain greater market share in container transport capacity.
As Heboluote THE Alliance members, ONE, Yang Ming Marine Transport occupy 11% market share in terms of capacity, ranking the world's leading shipping league third, second only to the 20.8% and 19.3% of 2M marine league.
VesselsValue analyst Zheng Yang Cheng said: "Although HMM currently account for only 0.7% of the container market, but after 2020 12 23,000 TEU mega container ships and in 2021 eight 15,300 TEU mega container ship deliveries, the market will become very different.
"this will drive tHE Alliance's market share increased to 14.5% from 11%, closer to the ocean and its competitors 2M Union, it increased by 17.3% and 19.8% respectively in 2022.
"Having these large container ships can also make THE Alliance in the Far East in case of need extra demand - to get more opportunities in the Nordic trade which makes the other members of THE Alliance can focus on their own, without having to worry about the additional demand. "
However, Zheng Yang Cheng is also warned:" Increasing production will bring the risks associated with the trade war between China and the US, the demand for future growth shipper pessimistic, if the trade war continues, continue to grow very large container. ship might challenges. "
he pointed out that new orders had fallen by 54% year on year, reduced from 545,000 TEUs in the first half of 2018 to 252,000 TEUs in the first half of this year.
Rongyun benefits from the increase in the volume of return of Taiwan businessmen, this year's operation looks to grow
MoneyDJ News 2019-07-29 11:41:38 By Liu Wanqing
Rongyun (2607) became a beneficiary of the return of Taiwan businessmen, after the U.S.-China trade war, some goods were transferred to exports from Taiwan, driving Taiwan's volume to usher in growth, Rongyun Taichung Terminal Container Terminal also thrived, coupled with the implementation of the "Blue" Way's maritime corridor business, which diverts North-South container transshipment operations from sea to sea, led to an increase of 13.9% in volume of shipside loading docks at the Rongtai Container Terminal in the first quarter of this year over the same period last year. However, affected by the maritime corridor business, rongyun onshore container transport performance is depressed, but overall, legal persons still hold a growth view of Rongyun's operation this year.
In terms of revenue as a proportion of revenue in the first quarter of 2019, charter revenue accounted for about 23.4%, cabinet rental revenue accounted for about 20.7%, current revenue 18.7%, transportation revenue 18.5%, oil sales revenue 6.4%, passenger transport 5.2%, and other 7.1%. In the first quarter of 2019, Rongyun's revenue reached RMB1,918 million, an annual increase of 2.5%, net profit after tax of RMB192 million, an annual increase of 11%, EPS 0.18 yuan.
In the charter business, Rongyun owns a total of 17 container ships, all of which have been leased, provides carriers operating full container regular route services, and in 2014 began to enter the container leasing market, profit-making is stable, while in the inland container yard, affected by the U.S.-China trade war, the export of goods from Taiwan increased, driving Taiwan's volume growth, It also led to the booming performance of the container terminal in Rongyun TaiTai, coupled with the maritime corridor business carried out by the carriers, which diverted the North-South container transshipment business to the sea, and led to an increase of 13.9% in the volume of cargo side loading docks at rongtai container terminals in the first quarter of this year over the same period.
However, affected by the maritime corridor business, Rongyun land container transport performance is suppressed, Rongyun will also adjust the focus of business to a slower shipping side transport, but overall due to fierce competition in the market, freight adjustment is not easy, in order to improve the transport business situation, Rongyun has planned some of the business to take out-of-committee operations, In the future, we will adjust the cost of reasonable freight rates, and continue to replace new vehicles, reduce fuel and maintenance costs and with GPS satellite navigation, reduce manual operating time, and improve the efficiency of dispatching vehicles.
On the whole, although the transport business is relatively stressful, but the Container Yard and charter business in Taichung are relatively stable, the volume of subsequent containers in Taiwan also looks to maintain growth, legal persons still hold a growth view of Rongyun's operating performance this year.
As for multi-angle disoriented operations, Rongyun has also planned to set up a logistics industrial park in Dayuan to enhance land use efficiency and increase the company's revenue, the current park planning warehouse use area of about 30,048 Ping (including mezzanine does not include unloading area), office area of about 1,880 Ping; , is expected to be completed in the third quarter of 2021.
Recently, it was reported that: "Wanhai is subject to US sanctions. In order to ensure the security of the fund account, please do not continue to cooperate with Wanhai.
" Recently, the shipping company Wanhai Shipping issued the following statement:
Recently, the company received a bank notice from the customer: “Wanhai is subject to US sanctions, so please do not continue to cooperate with Wanhai to ensure the security of the fund account.”
The company officially clarified here that Wanhai does not currently have any routes directly or indirectly at the Iranian port, that is, it does not currently operate the Iranian market, nor has it received any notice of US sanctions. Therefore, it reminds customers and the public to pay attention to it and must not believe in false news. And do not spread the impact of secondary transmission.
For the units and individuals that disseminate this false news, please stop the relevant communication immediately and publicly clarify to eliminate all effects. We reserve the right to make claims and prosecute all losses that may be caused to us by this dissemination.
Wanhai Shipping Co., Ltd.
July 24, 2019
President Announces Amendments to Customs Import Tariffs 20190725
Reporter Chen Weiqiang / Taipei Report: The President announced yesterday (24) the amendment sq.e. of the "Customs Import Tax Rules". The Ministry of Finance's Customs Office said that in order to expand the benefits of the Economic Cooperation Agreement between Taiba (Paraguay) and implement our tariff concession commitments, to improve vehicle mobile pollution sources in response to the air pollution prevention action programme, to speed up the replacement of large diesel vehicles in phases i to III, and to gradually promote trade liberalization in line with international standards, and to develop a "proposed" The amendments to the Customs Import Tax Rules, in addition to items amended in conjunction with the Taiwan-Pakistan Economic Cooperation Agreement, shall be effective 30 years after the parties have formally notified through diplomatic channels the necessary procedures for internal entry into force.
The remaining items will come into effect on July 26.
The applicable rate of the revised tax rules shall, in accordance with Article 2 of the Regulations on the Implementation of the Customs Law, the import of goods shall be subject to the date of import of their means of transport. However, in accordance with Article 58 of the Customs Law, the goods stored in bonded warehouses shall be subject to the date on which they apply for import, the same law, Article 59, paragraph 2, shall approve the goods of the bonded factory, which shall be subject to the date of their declaration, and Article 60 of the same law shall provide for the import of goods into the storage and logistics center, whichever shall be the date on which they apply for import from the logistics center.
In accordance with Article 6 of the Implementing Rules, the date on which the means of transport are imported, the sea cargo shall be the date on which the import manifest is delivered to the Customs by ship at the port of the country, and the date on which the air cargo arrives at the domestic airport to deliver the import manifest to the customs by air shall be the applicable basis.
Recently, Zhuhai Port Shipping Co., Ltd. and Zhuhai Yunhang Intelligent Technology Co., Ltd. signed a cooperation agreement, the two sides on the "intelligent shipping, joint research on ship autonomous navigation technology", "intelligent navigation as the core" technology application and demonstration.
In Zhuhai Port Co. , Ltd. Vice President Feng Xin, Zhuhai Port Group Group Enterprise Operations Management Center General Manager Song Yulin, Zhuhai Yunzhou Intelligent Technology Co., Ltd. Deputy General Manager Yu Tianliang and other guests witnessed, Zhuhai Port Shipping Co., Ltd. General Manager Yan Jiangfeng and Zhuhai Yunhang Intelligent Technology Co., Ltd. General Manager Wang Xingping signed a cooperation agreement. In the future, the two sides will be based on ship-assisted driving technology, with Zhuhai Port Shipping Company Xijiang route as a typical scenario, cooperation in the application and demonstration of related technologies.
All along, Zhuhai Port Shipping Company actively practice the Pearl Harbor Group's "internationalization strategy, Xijiang strategy, logistics center strategy, intelligent green strategy" four strategies, the company has more than 30 transport ships at the same time with a typical inland river, coastal shipping scene. General Manager Yu Jiangfeng expressed the hope that through the cooperation between the two sides, in-depth exploration of intelligent ship technology, for the era of intelligent shipping to lay the foundation. This will also help to implement the development strategy formulated by the Pearl Harbor Group, improve the maturity of ship intelligent navigation technology such as ship assisted driving technology, accelerate the accumulation of technology, and create conditions for large-scale intelligent navigation.
In recent years, Europe's leading shipping power has issued a number of ship autonomous navigation projects, the construction of a number of ship unmanned test site. Konsberg, wartsila, ABB and others have published their own technical achievements in the field of smart ships. The IMO adopted the Interim Guide to Testing Of Autonomous Sailing Ships at this year's MSC101 meeting, marking the start of a crucial test run for autonomous navigation. In Asia, Japan, South Korea and other countries have released the intelligent ship-related technology achievements, has made a series of progress. The Singapore Maritime and Port Authority MPA has set up a Maritime Innovation Laboratory to conduct intelligent shipping and intelligent port research, including ship autonomous navigation technology.
Intelligent ship technology is the concrete embodiment of China's transportation power, ocean power, artificial intelligence strategy, but also china to achieve from the shipping power, shipbuilding power to shipping power, shipbuilding power important opportunity. China launched the Smart Ship 1.0 program in 2016 and delivered the first smart ship in 2017, marking China's entry into the first echelon in the field of smart ships. In December 2017, Zhuhai Municipal Government, China Classification Society, Wuhan Polytechnic University, Yunzhou Intelligent jointly announced the construction of Asia's first, the world's largest water area of the sea test site for unmanned ships and the construction of unmanned small cargo transport vessels. On November 30, 2018, wanshan Unmanned Ship Marine Test Site was officially opened. On December 30, 2018, the Ministry of Industry and Information Technology and other three departments jointly issued the Smart Ship Development Action Plan (2019-2021), and in May 2019, seven ministries, including the Ministry of Transport, jointly issued the Guidance on the Development of Intelligent Shipping, and put forward the path and plan for the development of intelligent ship technology and industrialization in China. It marks that the development of intelligent ships in China has entered a period of rapid development.
COSCO Shipping Group, China Mobile Sign Strategic Cooperation Agreement 20190723
Reporter Chen Weiqiang/Taipei Report: COSCO Shipping Group and China Mobile recently signed a strategic cooperation framework agreement in Beijing, the two sides will implement basic communications, 5G intelligent applications, cloud computing, supply chain, equity investment capital cooperation, new technology research and development and applications, property facilities and other areas of cooperation.
Xu Lirong, Chairman of COSCO Shipping Group, Sun Jiakang, Director, Yang Jie, Chairman of China Mobile, and Wang Yuhang, Director of COSCO Shipping Group, attended the signing ceremony and signed the agreement on behalf of the two sides by Wang Haimin, Vice President of COSCO Shipping Group, and Jane Qin, Vice President of China Mobile.
It is reported that during the signing ceremony, COSCO Maritime Port, COSCO Maritime Science and Technology, China Transfer (Shanghai) Institute of Production and Research, China Mobile Zhihang also signed the "Joint 5G Intelligent Port Joint Laboratory Cooperation Letter of Intent." According to the letter of intent for cooperation, the Quartet will jointly set up the "5G Smart Port Laboratory" based on the strategic development requirements of COSCO maritime ports at this stage, through the integration and development opportunity of new technologies and industries such as China Mobile layout 5G, artificial intelligence and edge computing, to enhance the integration of 5G and port to provide services and focus on the digital transformation of ports.
In the future, COSCO Shipping and China Mobile will carry out joint ventures and cooperation in accordance with the specific contents of the agreement, coordinate the allocation of relevant resources, explore emerging markets and enhance the overall competitiveness of the mainland and the international market.
Taiwan's New News Shipping Network
IMO new rules will come into effect Methanol demand bullish 20190723
Zhou Jiayang/Taipei Report: According to mainland China authorities, the International Maritime Organization (IMO) sulfur restrictions will come into effect on January 1 next year, methanol as a new type of marine fuel, demand is expected to show an upward trend.
The Canadian methanol producer Methanex and its subsidiary, Waterfront S, will launch a new ship using methanol fuel this year. Both companies believe that when the shipowners prepare for the start of the I-MO 2020 sulphur order, it is also a time for the market to be bullish on methanol demand.
It is reported that The Waterfront Shipping will launch four methanol-powered ocean-going vessels, the first of which is expected to be delivered by mid-August this year (2019), and the remaining three ships by the end of this year, and the four 49,000-tonne vessels will be equipped with dual-fuel engines that can be used as a fuel for methanol. Marine diesel is also available.
Industry insiders say methanol has a clear advantage in reducing sulphides, nitrogen oxides, particulate matter and carbon emissions compared to conventional fuels. This type of fuel will be used once shipowners have determined that methanol is feasible and cost-competitive, although methanol, as a marine fuel, is still difficult to estimate in the amount of global demand and will gradually gain market attention.
Eliminate Chinese manufacturers' "wash-up" and Vietnam's government to close loopholes in the law
MoneyDJ News 2019-07-23 11:15:00 Journalist Guo Yanxi Reports
The Vietnamese government has decided to take action to prevent chinese and other manufacturers from "washing their places" and avoiding U.S. tariffs in case they are targeted by the Trump administration.
The Japanese newspaper reported Wednesday that Vietnam's local media, the Youth Daily, revealed that "Vietnamese-made" television sets produced by Asanzo, a local power plant, almost all of the products imported from China. LCD panels from China are labeled "Made in China" and removing them is the most important task for Asanzo employees. After six simple assembly procedures, the televisions were sold as "Vietnamese- " "built-in Japanese technology". Other appliances, such as ovens, are imported directly in the state of the finished product.
According to local media reports, the Hanoi government has held an inter-departmental meeting to enact laws and regulations in accordance with international specifications to combat illegal transshipment. The new rules will set out how much of the components in the product must originate domestically and how many procedures are assembled locally before they can be labeled in Vietnam.
Vietnam's regulations are relatively lenient on products that are imported specifically into domestic trafficking, and can be re-exported to third countries after they have been tampered with by people with interested persons. This makes Vietnam a popular place to wash.
Nguyen Bich Lam, head of Vietnam's general statistics bureau, admits that the country does not have a clear definition of how it can deal with issues such as Asanzo televisions. He said many domestic and foreign operators would adopt a similar approach, after simply processing Almost finished Chinese products, it is called local production, to sell to domestic consumers.
Vietnam hopes this will calm the U.S. mood. U.S. President Donald Trump, in an interview with Fox Business in late June, warned that he might impose tariffs on Vietnamese products. "Many companies have moved to Vietnam, but Vietnam is cheaper than China, " he said. This is a very interesting situation. 」
U.S. adds Vietnam as currency manipulation observer
Vietnam has been added as an observer country in its semi-annual "currency manipulator" assessment, released on May 28. Vietnam, which is close to three major tests, risks being accused by the United States of currency manipulation.
The U.S. is considering a conditional lifting of Huawei's export ban. Larry Kudlow, chairman of the White House National Economic Council, said in an interview with CNBC on July 9 that the U.S. government would not buy Huawei equipment, components or systems, but that the private market would be open and that the Commerce Department would authorize the situation if there were no national security concerns. That means Huawei, which could have acquired chips from countries such as South Korea, Taiwan and Vietnam, can now continue to source with U.S. semiconductor makers.
In addition to the Treasury Department, the U.S. Department of Commerce is also eyeing countries that are undervalued.
The Commerce Department proposed on May 23rd that the government should impose anti-subsidy tariffs on countries that deliberately promote currency disparageful.
Reuters and the Financial Times reported that the Commerce Department issued an update dinghying a new notice that the proposed rules would change the operating procedures of the balanced tax, adding the "currency underpar" guideline. The government will be able to impose a balanced tax on countries that deliberately make the currency undervalued against the dollar in order to subsidize exports.
In the past, the U.S. government has been careful not to confuse trade with foreign exchange, which is usually within the jurisdiction of the U.S. Treasury. However, political pressure on Congress to make foreign exchange an element of trade negotiations is mounting.
孟加拉運費回復措施 & 吉大港壅塞通知
此外, 根據SAS長期派駐當地的專業碼頭協調人員這週回報, 船舶在吉大港外海的等待時間目前約為7天
同時, 由於孟加拉當地在WK33會有假期(Eid Festival), 所以我司預期此假期將連帶影響碼頭作業效率並且加劇影響港口壅塞狀況!
Chittagong port update & Bangladesh RR notice
Dear Valued Customer,
Sealand Asia would like to share the latest development at Chittagong port. We are still experiencing a prolonged waiting time at the port. Lower productivity due to high container yard utilization remains the identified main root cause.
This situation is affecting all carriers operating in Chittagong, with most of the vessels having schedule impact of up to 7 days.
Due to cost increasing and we expect port congestion can’t be ease off at destination and transhipment port in short time, we will have RR plan from Aug/01 (proforma vessel departure date) by USD$50/box.
At this moment, it is difficult to define with certainty when the current situation will ease off. We continue providing regular updates on the situation, which we hope will assist you in planning your transportation requirements.
Sealand Asia keeps working closely with terminal and port authorities on the matter and will continue to endeavour to alleviate the situation during this challenging period to ensure minimal disruptions to the supply chains of our valued customers.
Should you have further queries or require additional information, please contact your local
Sealand Asia representative.
We thank you for your valuable support.
Sealand Asia – A Maersk company
Panama-flagged container ship Soul of Luck collided into a gantry crane in Semarang, Indonesia on Sunday 14 July, causing the crane to collapse.
Video obtained by Reuters showed the crane collapsing on the dock as the container ship barrelled into another smaller cargo ship, and crew evacuating.
The Soul of Luck had been sailing from Port Klang in Malaysia when the collision occurred. It was unclear what caused the incident, local media reported.
A truck operator was injured and the port was closed for three hours after the collapse, local media added.
Trade friction between China and the U.S. hurts Panama Canal
Luis Quijano, chief executive of the Panama Canal Authority, said the number of U.S.-China trade ships passing through the Panama Canal has plummeted this year as China cuts back imports of U.S. food and fuel.
Against this backdrop, Japan has overtaken China as the second largest user of the Panama Canal, and the United States remains the largest customer of the Panama Canal.
In fact, China relies more on natural gas from countries such as Qatar, Trinidad and Dobag, as well as Brazilian soybeans, than the Us. That's a disadvantage for the U.S.
Revenue from the Panama Canal is expected to be $3.1 billion this fiscal year, down 1 percent from fiscal 2018, the first decline since the expansion of the Panama Canal three years ago. At that time, the canal's new locks were expanded at a cost of about $5 billion. Traffic, which has been exported from the U.S., has lost about 8 million tons in the 2019 fiscal year, according to the Canal Authority. In fiscal 2018, shipments from the East Coast of the United States to Asia will be about 78 million tons.
Despite this, Moody's Investors Service upgraded the canal's credit rating from A2 to A1 this year, citing the canal's strong financial performance and low debt levels since its expansion.
Quijano said that if trade frictionbetween the Us and China continued, it could cause more damage to the Panama Canal. At the same time, new LNG terminals in Georgia and Texas will be operational in the coming months, helping to meet growing demand in Japan and South Korea.
In addition, lower water levels due to drought have forced the Panama Canal authorities to limit the size of ships passing through the new locks. Until the rainfall increases, the current 44-foot (13.41-meter) water limit, which mainly affects container ships, will remain high lying in the coming weeks.
The Panama Canal Authority is also understood to have looked at the possibility of building extra locks to accommodate larger ships, but the next 10 to 15 years is not worth it.
Attention! Pakistan's nationwide strike
On Friday (July 12) pakistan's trade associations and organizations agreed to call for a strike in Pakistan to protest the federal government's tax plan for the new fiscal year, which it said could be the biggest test facing the PTI government since it came to power.
Lahore Strike Profile
Most trade associations and organizations in Lahore have agreed to strike in protest at the federal government's tax revenues in the 2019-2020 budget. As part of the preparatory work, All Pakistan Anjuman Tajiran (APAT), Qaumi Tajir Itehad, Lahore Business Front, All Pakistan Truck Trailer Owners Association, Jewellers Association, The Association of Car Dealers and all other trade bodies in Lahore held an emergency meeting on Friday to discuss Saturday's strike.
"We will not negotiate with the government until unfair taxes are eliminated," the delegates said. The government is trying to divide us. But we will not split. "The decision to close aPAT was not made by APAT, but by more than 3 million traders from Karachi to Peshawar.
Overview of the Karachi strike
In Karachi, the call for a strike was initiated by Markazi Tanzeeme Tajiran Pakistan (MTTP) and Anjuman-e-Tajiran, all of Pakistan. In an effort to win support from Karachi businesses, MTTP Kashif Chaudhry held a press conference at the Karachi Press Club on Thursday to rally business support for the strike.
Kashif claims that we have obtained products including Sardar, Tariq Road, Clifton, Defence Road, Liakwatababad, M.A. Jinnah Road Market, Gul Square, Timber and Furniture Market, Steel Market, Automotive Parts, Fabric Market, Landi, Korangi, The support of representatives of more than 400 markets in Karachi, such as Malir and Garden Regional Markets.
Here's a reminder that the situation is exceptional and it's not clear how big the impact of the strike will be. Recently there are exports to Pakistan's foreign trade freight forwarding enterprises must pay attention to: please keep in touch with customers in a timely manner, and keep up with the latest news of goods! Do a good job of preventing and preparing the goods for delay! Try to avoid additional losses!
During the transshipment of containers at the port of Rotterdam, the Netherlands can be filled LNG
The Dutch port of Rotterdam has now been able to fill a ship with liquefied natural gas (LNG) while transferring containers, according to mainland Chinese authorities. Ronald Paul, chief operating officer of the Port Authority of Rotterdam, stressed that this was in line with their determination to promote energy conversion in the shipping sector, from fuel to LNG, with the first refuelling operation successfully serving as the sister ship of the Containerships Nord.
The port of Rotterdam noted that the shipping industry accepted LNG as transport fuel for shipping, a process pioneered by the Containerships Nord container ship, a process known as synchronous refueling, which led to significantly shorter calls for ships at ports. The operation was carried out at the RST terminal in Prins Willem Alexanderhaven, Rotterdam, and LNG was provided by Shell.
It is reported that so far, there will be two ships at the same time in Rotterdam LNG. The Containerships series is a subsidiary of The French company CMA CGM, which promotes energy transformation in the container shipping sector. Of these, Dafei Shipping has ordered 20 LNG power vessels, including nine container ships with a capacity of 22,000 TEU
Taiwan to crack over mainland goods counterfeiting Taiwan's origin
It is understood that the United States to Taiwan, China, issued a warning, hoping that its strict inspection of mainland products to Taiwan origin exported to the United States to avoid customs duties. Taiwan has now investigated a number of cases of counterfeit origin labels for screws, solar energy, bicycles and other products, and will take the following measures:
(1) For the export of electric bicycles and bicycles to the FTZ, an export license must be obtained from the Trade Bureau first;
(2) Imported solar cells and steel, need to be checked with imported domestic certificate;
(3) The Customs will strengthen the inspection of the export edgy or false lying of the place of origin;
(4) Bicycles and tool machines imported from the mainland, which need to be declared for use for tracking, etc.;
(5) When Taiwan manufacturers export products from the U.S. tax increase list to the U.S., customs will remind manufacturers to be aware of U.S. origin regulations.
(Source: Logistics Baba)
Trade war hits the logistics industry! Imports from the largest U.S. port area fell 5.1% in June
MoneyDJ News 2019-07-12 09:39:49 Journalist Yanxuan Li reports
Los Angeles-Long Beach Complex Area, California, is the largest container port complex in the United States and a major port area for Sino-US trade, but has been affected by the trade impasse that has disrupted global supply chains, data show. The port of Los Angeles and Long Beach imported 5.1 percent less containers in June than last year, reflecting the logistics industry's lead in the U.S.-China trade war.
Washington, D.C., reported on Friday that imports from the smaller Port of Long Beach fell 13.7 percent in June from a year earlier, offsetting a 3.5 percent annual increase in total imports from the Port of Los Angeles, leading to a second straight month of declines. In general, June is the traditional high season for the Ports of Long Beach and Los Angeles, during which retailers stock up for the winter shopping season.
Logistics dynamics, from ocean-going to downstream parcel transportation, are often seen as a leading indicator of the global boom.
In its latest report, Panjiva, a global trade database owned by S . . . Global Market Intelligence, said the drop in imports in May was mainly due to a sharp drop in China's COSCO's shipments at the Port of Long Beach. A spokesman for the port said Thursday that the port experienced a similar decline in June.
The South China Morning Post reported on June 27th that official figures showed that China's exports and imports to the United States fell between January and April from a year earlier. China's exports to the U.S. fell 9.9 percent to $122.44 billion in The January-April 2019, according to Government data, while U.S. imports from China plunged 12.6 percent in the same period.
The Wall Street Journal reported on July 10th that U.S. President Donald Trump's war on tariffs has prompted manufacturers to accelerate their shift from China to Vietnam and other low-cost countries. According to a survey by Consulting Firm A.T. Kearney, U.S. imports of manufactured goods to China and 13 other Asian countries surged 9 percent to $816 billion in 2018, the largest annual increase in nearly a decade and more than a 6 percent increase in gross domestic manufacturing output.
Optimistic about the East Association area trade, Yangming 7/27 new Thailand-Indonesia Express
MoneyDJ News 2019-07-11 10:58:12 Press Center Report
Optimistic about the economic development of the countries of the Association of Southeast Asian Nations and the steady growth of regional trade in Southeast Asia, Yangming (2609) continued to strengthen the layout of regional routes in Southeast Asia, the company has been expected to start from July 27 to add the Thailand-Indonesia Express (hereinafter referred to as TIX).
Yang Ming said that the TIX route from Linchaban, china via Singapore to Jakarta, Indonesia, in addition to providing direct services from Linchaban to Jakarta, but also through Singapore transit, linked Yangming global route network.
Yang Ming pointed out that with the addition of the Thailand-Indonesia Express (TIX), along with the existing Five Lines of Southeast Asia (SE5), The Eight Lines of Southeast Asia (SE8), the Thailand-Star-Sema Express (ITS), the Singapore-Sihanouk Express (RCX), the Singapore-Songka Express (RSE), the Semarang-Singapore Route (SS1) , Singapore-Surabaya Express (SSX) and Singapore-Yangon (SYX) deploy a total of 9 Southeast Asian regional routes to provide customers with more yuan, better quality and faster delivery services.
The U.S.-Iran conflict is on the rise! Container shipping companies such as Maersk raise rates on Persian Gulf routes
MoneyDJ News 2019-07-08 14:10:23 Journalist Guo Yanxi Reports
As the U.S.-Iran conflict heats up and the situation in the Persian Gulf rits down, A.P. Maersk A/S, the largest container shipping group, has announced that it has followed in other currency shipping operators and raised shipping rates on persian Gulf routes.
Two oil tankers in the Gulf of Oman were attacked on June 13, and the U.S. said days later that Iran shot down a U.S. drone flying over the Strait of Hormuz, threatening to hit the world's most critical crude oil transport ation route.
Reuters reported on the 5th, Maersk issued a statement on the 4th, said that "the cost of shipping through the Persian Gulf, recently due to a significant increase in unexpected factors and rising." As a result, Maersk decided to impose an emergency risk charge on routes through the Persian Gulf. 」
Mr Maersk said $42 per 20-foot container was required to transport goods to parts of the terminals of Saudi Arabia, Bahrain, Qada, the United Arab Emirates (UAE), Kuwait, Iraq and Oman.
Container shipping operators such as The Swiss Mediterranean Shipping (MSC), France's CMA-CGM, Singapore's Neptune Orient Lines and NOL and Germany's Hapag-Lloyd have also issued price increases to customers in the past week.
"We have a lot of assets, ships and employees passing through the Strait of Hormoz every day, and the group's operations in this area have not stopped, but we have decided to change our shipping route," Maersk Chief Operating Officer Soren Toft said on June 20, according to CNBC. 」
Ayatollah Ali Khamenei, Iran's supreme spiritual leader, said in early June that the first shot in the Persian Gulf would drive oil prices to $100, which would be unbearable for US allies such as the Us, Europe and Japan and South Korea.
The two tankers attacked in the Gulf of Oman in mid-June, a "Kokuka Courageous" owned by the Japanese shipping company Guohua Industries, carrying chemical sonfrom Saudi Arabia to Singapore. The other is Front Altair, a subsidiary of frontline, a Norwegian shipping company, carrying naphtha, which departs from the Persian Gulf and transports cargo to TAIWAN's CPC Taiwan.
The first half of 2019 the worst effects of the global trade war, after the end of the 6 G20 would seem to temporarily ease, followed by Japan and South Korea staged a trade war but, let the global technology industry chain into the future unstable again. Surrounded by China and the US, Japan and Korea, complex political, economic and historical factors, see the opportunity to make a trade war for a short time can not quell.
After June 2019, Osaka G20 summit in the US presidential Trump announced a relaxation of the ban on Huawei's ending, trade war haze dissipates less than two days, Japan has announced a number of special restrictions on South Korean exports of raw materials, including fluorine-containing polyimide (Fluorine Polyimide), photoresist (resist) and an etching gas (Eatching gas), these three key ingredients semiconductor process, the direct impact Samsung (Samsung), SK Hynix (SK Hynix) production line, is regarded as Japan and South Korea trade war the first shot, but also just returned from the United States and the global economic trade war temporarily catch my breath, hold your breath again.
Political, economic, historical, triple pressure triggered the war
when the time back to Osaka G20 summit, when the world's focus has been on the US-China trade war who Trump and Xi Jinping, no one noticed polite landlord Prime Minister Shinzo Abe almost the neighbor South Korean President Yin Wen as air. Abe Jin Sangang complete declaration pursuit of free trade, eliminate discrimination and disputes, followed by South Korea trade ban initiated, it is particularly ironic.
The Japanese government issued a statement accusing the South Korean company will manufacture high-tech skills drain to North Korea, the threat of regional security in Northeast Asia, and therefore it injunction, South Korean Minister of Industry Trade resources to allow the mold sternly refuted allegations Japan "unfounded, baseless "argument, the two sides will only deepen the misunderstanding.
July 10, Wen Yin talks with South Korea in the top 30 large companies said to be ready to face all the "long war" as soon as possible and to develop alternatives, such as Germany seek Russia's alternative supply chain, to the corresponding trade war situation. Moon Jae-in is obviously the conflict in the most stressful, because during his reign, South Korea, the unemployment rate in a decade, 2019 has been suffering from the US-China trade war spread, Standard & Poor's (S & P) announced in July, revised down South Korea's economic growth forecast from 2.4% to 2.0%.
One fuse trade war, during World War II, the Imperial Japanese colonial Korean Peninsula, the Korean people and forced to work for Japanese companies, known as "expropriation workers' dispute is the background for this trade war. October 2017, South Korea's Supreme Court ruled Japan Sumikin Company (Nippon Steel & Sumitomo Metal Corp) , required to compensate the four wartime requisition workers 100 million Korean Won per person (about NT $ 2.62 million yuan), at that time have led to The government of Japan strongly dissatisfied.
In Abe hearts, Moon Jae-in can look forward to mediate, to mitigate conflict, because Japan and South Korea in 2015, has been on the "comfort women" issue to reach a consensus, the two jointly issued a statement, to mitigate conflicts, create a better future; behold, Moon Jae-in South Korea Supreme Court decision not to intervene, even on G20 stage, they did not reach any consensus, let Abe resolve to go to war.
Relative Moon Jae-in, the Japanese Senate elections will start at the end of July, Abe will remain strong attitude, it also allows Abe in the eyes of the people of South Korea, Kim Jong-un became more unpopular than people.
According to the survey Japanese non-profit organization "remarks" made to show the Japanese people, the most important national economic side is the United States, and South Koreans are believed to be China, the data is also because export-related trade with China South Korea accounted for nearly 16% of GDP, while Japan less than 3%. South Korean students studying in China, not only the extra nearly 5 times higher than students in Japan, but also the largest number of foreign students studying in China's. On the other hand, over 35% of South Koreans believe Japan in both military and economic threat to South Korea.
Despite the tangled history of conflict and political economy, it is undeniable the United States and Japan and South Korea trade war arsenal poured into a vat of oil, Trump North Korean leader Kim Jung Eun unspeakable "feeling" the situation in Northeast Asia, the replacement of complex chaos.
Trump since he took office, diplomatic relations between North and South Korea and China and the US, seems to reverse, but after Jinyue Nan River will break Bureau, May North Korea test-fired a rocket again, the US government has no comment, even Trump said: "I am confident of Kim Jong-un." but Xi Jinping seizing the opportunity to arrange a meeting with Kim Jong-un, foreign media think this is one reason why Donald Trump in the G20 are willing to slow the strength of a trade war.
Zhidezhuyi, due to Japan and South Korea are important US military and economic partner, in this trade war indirectly caused by Trump, the United States chooses to remain silent, there is no formal public comment.
Dark future, a slight shimmer
Japan and South Korea trade war is heating period, accompanied by several events, the conflict will only be expected to rise further.
• 7/15: Another home was requisitioned workers seek compensation for Japanese companies Mitsubishi Heavy Industries (Mitsubishi), was asked to give a formal response before that date.
• 7/18: Japan asked South Korea for work requisition decision to seek third-party arbitration period.
• 7/21: Japanese Senate elections.
• 7/24: Japan, South Korea is expected to be excluded from the preferential trade whitelist.
• 8/15: South Korea's Liberation Day (marking the end of Japanese colonial rule).
Japan and South Korea trade war, it will only be a lose-lose, but political sentiment and national consciousness, so that the two leaders are difficult to step down, the two sides will launch the recent ministerial meeting, in order to reach a consensus, the United States also sent the State Department Bureau of East Asian and Pacific Affairs Assistant Secretary of State戴维史迪威(David Stillwell) visit to tokyo, South Korea to discuss issues with Japanese officials.
In the case of both sides are reluctant, also can not compromise in the short term is difficult to reach a consensus forecast will impact South Korean semiconductor industry, and bring to single effect, whether it will cause long-term impact on the global technology industry supply chain in the future, the United States in wrestling will be how to develop in this conflict, let situation in Northeast Asia and global economic outlook, planted instability.
Improving the Competitiveness of the Shipping Industry Liu Youmin Called the Government to Adjust Port Charges 20190711
Reporter Zhou Jiayang / Taipei Report: Liu Youmin, President of the National Federation of Business Associations of the Republic of China Shipping Agents, "In the In the "Seafaring Festival Reporter's Symposium", it is suggested that the Government should adjust the port rate, and adjust the rates in the surrounding areas and countries in a timely manner, so as to enhance the competitiveness of the port, to the development of China's port, but also to pay attention to the voice of local operators, to help solve the difficulties of operators.
The preparatory meeting of the 65th Sailing Festival of the Republic of China held a press conference yesterday, and Liu Youmin, chairman of the National Ship Association, put forward "a thank you, Two recommendations, first of all, he gave the Government the full consideration of the particularity of this industry over the past year, to the Law of the Law, article 84 of the law to be untied, he on behalf of the industry to thank the Ministry of Labour and the Ministry of Transport Air Port Bureau for their support and affirmation, we work together to achieve this outcome.
During the meeting, Liu Youmin made two suggestions as follows:
First, the port rate adjustment suggests that the Government should refer to the situation in the surrounding areas and countries, for example, mainland China in the past year, there have been two downward rate adjustments, this part of Taiwan's port competitiveness, look forward to the Government's prudence, can further enhance the port competitiveness, because the number of ships in and out of the increase, ship operators have the opportunity to profit.
Second, with regard to the development of Hong Kong and Hong Kong, he called on the Government to pay attention to the voices of local operators, such as Keelung Port, which has done a lot of construction, but the views of local ship-operators have not received a positive response, and he hopes that the port companies will gain a better understanding of the difficulties of operators' operations; Also faced with some difficulties, such as the rate announcement, a small part of the post-mortem, so that operators and foreign shipowners to contact, there are some difficulties, look forward to the relevant rates can refer to international standards, while "early notification", rather than the announcement, and then add some costs, so that operators to carry out business caused some difficulties.
Taiwan's New News Shipping Network
U.S. Port of Auckland Purchase Conversion Mixed Venue Crane 20190711
Reporter Zhou Jiayang /Taipei Report: According to mainland China, the terminal operator SSA Auckland Port (Oakland) International Container Terminal said it spent $6 million to convert hybrid site cranes cranes) to reduce greenhouse gas (GHG) emissions by about 96 percent.
The marine terminal, which currently handles 61 per cent of the port of Auckland,'s cargo terminal, intends to convert 13 rubber door cranes from diesel engines to battery-powered hybrid engines. The 90-foot-tall crane, in total, can lift about a thousand containers a day. Three cranes have already started to retrofit and start work. The remaining cranes are expected to be converted by June 2020.
Ken Larson, crane manager at the terminal's parent company, which operates the SSA terminal in Seattle, is understood to have stressed that the old engines used burn about 10 to 12 gallons of diesel per hour, while the new machines burn about half a gallon per hour.
The SSA reports that hybrid engines will reduce GHG emissions from each crane by about 1,200 metric tons per year. In addition, diesel particulate emissions can be reduced by 95%.
Monthly Report on China's Export Container Transport Market
This month, China's export container transport market out of the off-season trough, market fundamentals are now improving signs, airlines on some routes on the success of the push plan, spot market freight rates to a certain extent. In June, the Shanghai Shipping Exchange released an average of 808.62 points, up 1.1% from the previous month, while the Shanghai Export Container Composite Freight Index, which reflects the spot market, averaged 783.14 points, up 4.9% from the previous month.
1, European land freight prices rise and slow down
On European routes, overall transport demand in the market has rebounded from the trough, and the supply and demand relationship of routes has improved. At the beginning of the month, with the help of capacity control measures, the average class utilization rate of ships on the European and Mediterranean routes of Shanghai Port remained at a good level of 95%. Several carriers have slightly increased the booking prices for flights shipped from June 1. After this, the supply and demand relationship of the route fluctuated slightly, and the spot market freight rate fell slowly. In June, the average price index of China's exports to Europe and the Mediterranean was 988.05 and 1033.98 points respectively, up 2.3% and 1.0% respectively from the previous month.
2, north American market small fluctuations
North American routes, affected by Sino-US trade frictions, transportation demand overall fell. In order to maintain the supply and demand relationship, carriers from time to time to take temporary stop measures. At the beginning of the month, some carriers tried to implement the freight price increase plan, in which the U.S.-West route was partially successful, the U.S. East route because most carriers to maintain a wait-and-see attitude, freight price increase plan was not accepted by the market. Since then, due to volume fluctuations, the fundamentals of the route are not stable, market freight prices fell slightly week by week. At the end of the month, the market freight rate was raised, driven by a new round of freight rates. In June, the average price index of China's exports to the U.S.-West and East America routes was 682.59 points and 895.96 points, respectively, down 0.3% and 0.7% respectively from the previous month.
3, ANZ route bottom recovery
ANZ routes, due to long-term low transport demand, carriers continued capacity control measures have not been able to effectively improve the route supply and demand relationship, Shanghai Port ship weekly average cabin utilization rate hovered around 80%. Due to fierce competition, market freight rates have hit their lowest level since SCFI was released. Until the end of the year, some carriers tried to raise freight rates and obtained market follow-up, spot market freight rates returned to the $300/TEU level. In June, the average price index for China's exports to ANZ was 608.93, down 4.5 per cent from the previous month.
4, South American market steadily rebounded
South American routes, the market gradually get rid of the impact of the off-season, transport demand gradually rebounded. At the same time, the market still has capacity control measures, route supply and demand relations remain stable. Since the beginning of the month, the market freight rate immediately stopped falling and stabilized, and then with the further improvement of fundamentals, the carriers have implemented a number of rounds of freight recovery plan, spot market freight prices steadily rebounded. In June, the average price index for China's exports to South America was 528.74, down 0.5% from the previous month.
5, Japan route shipping is basically stable
Japan routes, market supply and demand relations are stable, market freight rates remain stable. In June, the average price index for China's exports to Japan was 725.96, down 0.3% from the previous month.
(Source: Shanghai Shipping Exchange)
US imposes tariffs on some Chinese and Mexican steels 20190710
The United States today announced tariffs on some steel products from Mexico and China, saying that these countries are helping domestic manufacturers with unfair subsidies.
Agence France-Presse reported that in the first two months of the decision, US President trump agreed to abolish tariffs on imports of steel and aluminum to Mexico and Canada, after which the 3 countries of the United States and Mexico agreed to amend the North American Free Trade Agreement.
According to the U.S. Department of Commerce, imports of steel for construction benefit from subsidies from China, Mexico and Canada, but Canada's subsidies in this case are minimal, so there is no need to impose retaliatory tariffs.
The move is in response to complaints filed by U.S. businesses in February. In a preliminary survey, the U.S. Department of Commerce found that fabricated structural steel imported from Mexico and China benefited from domestic subsidies ranging from 3% to 177.43%.
In a statement, the U.S. Department of Commerce pointed out that the total value of structural steel imported from China and Mexico to the United States in 2018 amounted to $1.5 billion.
Based on the subsidy tax rate, U.S. Customs officers will begin to collect import duties, which will be refunded if the officers revise the findings afterwards. The independent U.S. International Trade Commission sometimes blocked the Department of Commerce's actions if it found that American businesses were not harmed by these subsidies. According to the threat of US national security, trump announced last year that it increased 25% of global imports of steel and 10% of aluminum tariffs. In May this year, it agreed to abolish tariffs on Mexico and Canada.
Taiwan Xinsheng Newspaper Shipping Network
MUA: DP World Container Terminal Workers Strike 20190710
According to the Website of the British Shipping, the Maritime Union of Australia said that DP World's Brisbane, Sydney, Fremantle and Melbourne container terminals have launched a series of strike stakes against automation, outsourcing, revenue cuts and dishonest bargaining.
The two-day strike, which began in Brisbane in the early hours of July 8, is the first by an Australian stevedores during a planned 48-96-hour stoppage at the container terminal.
The Maritime Union of Australia says Sydney and Fremantle workers will go on strike on Thursday and Friday, with Melbourne from today to July 14.
The Dockers are understood to have imposed indefinite work bans, including a ban on upgrades, overtime and shift delays. The Maritime Union of Australia stressed that the legal lyse ban forced workers to take strike action because their legal right to use the ban had been lifted by the corporation and the FWC.
Australian Maritime Union assistant national secretary Warren Smith said DPWorld management insisted on including provisions in the new site agreements, which could lead to the loss of outsourcing and automation of overseas jobs.
Taiwan's New News Shipping Network
Hyundai Merchant Marine ran away, Zim alliance with 2M upgrade cooperation
July 3, Zim announced that the alliance will enhance strategic cooperation with 2M Asia to the United States in the Gulf.
The partnership includes two service routes, one ZIM US Gulf Central China Xpress, will put 10 6500TEU container ships, first flight is expected to begin on August 18. Ships were anchored in Ningbo, Shanghai, Busan, via the Panama Canal, Houston, Mobile (Mobile), Miami, Freeport (Freeport), via the Panama Canal, Araijan, Busan.
Another route is to ZIM US Gulf South China Xpress, will put 10 4500TEU container ships, first flight is expected to begin on August 16. Ships are anchored Xiamen, salt, Busan, via the Panama Canal, Houston, Mobile, Tampa (TAMPA Direction), Manzanillo (Manzanillo), via the Panama Canal, Balboa (Balboa), Busan.
Zim president and CEO Eli Glickman said, "This partnership means that we cooperate with 2M Union entered the third phase, has been extended to four main routes. I have full confidence in our strategy. This strategy has allowed we benefit, but also allow customers to benefit. "
September 2018, Zim with 2M Union Asia - uS East coast route cooperation, and in March this year announced a further escalation of Asia - Mediterranean routes and Asia - Pacific Northwest routes Cooperation.
Source: the shipping industry)
Vietnam makes steel from Taiwan-Korea steel: involved in circumventing anti-dumping duties 20190705
Chen Weiqiang/Taipei Report: The U.S. Department of Commerce issued a preliminary ruling on Vietnam's anti-circumvention investigation into U.S. steel exports, finding that the use of steel originating in South Korea and Taiwan, simple processing in Vietnam for anti-corrosion steel and cold-rolled steel, is suspected of circumventing anti-dumping duties. The Ministry of Commerce will notify the United States Customs and Excise Department of the cash margin for the aforementioned products made from South Korean or Taiwan materials, with a maximum tax rate of 456.23 per cent for imports from the date of the investigation on August 2, 2018.
The International Trade Office pointed out that China's export and sale of related steel products to Vietnam statistics, the production of corrosion-resistant steel materials to hot-rolled steel and cold-rolled steel-based. According to China's customs statistics, I have in recent years exported and sold Vietnam's hot and cold-rolled steel quantity is a moderate growth trend.
As Vietnam is an important export market for my hot-rolled steel, hot-rolled steel is an important material for the Ministry of Commerce to investigate corrosion-resistant steel. According to the preliminary judgment of the case, if the Vietnamese business men use China's hot-rolled steel, processing into anti-corrosive steel products and then sold to the United States, that is, it is possible to be levied anti-circumvention tax, and to my cold, hot-rolled steel sold to Vietnam has a certain degree of impact. As for the impact of many, depending on how many Vietnamese use China's steel processing and then sold to the United States. This extent of influence requires further discussion with the industry before possible responses can be clarified and considered.
Mainland China steel has also faced a similar anti-circumvention investigation, the U.S. Department of Commerce on May 22, 2018 from Vietnam to the United States, the use of cold, hot-rolled steel from mainland China and processing anti-corrosive products made in Vietnam as a final ruling of the anti-circumvention investigation. Vietnam's anti-corrosive steel exports to the United States are subject to anti-avoidance duties from mainland China (including anti-dumping duty rate of 199.43% and balanced tax rate of 39.05%).
In accordance with the U.S. anti-circumvention investigation procedures, the final ruling should be published within 300 days of the start of the investigation. In this case, the US Department of Commerce is due to complete its final decision by May 28 this year, but the preliminary decision will not be issued until 2 July this year. The above-mentioned press release by the Ministry of Commerce did not say when a final decision on the case would be made.
FINANCIALLY troubled Hyundai Merchant Marine Co (HMM) is joining THE Alliance, a cooperating group of major container shipping lines that will give the South Korean flag carrier access to significant new business as it seeks to gain financial stability.
The move to join the group - consisting Germany's Hapag-Lloyd, Japan's Ocean Network Express and Taiwan's Yang Ming Marine Transport Corp - came after the rival 2M Alliance refused to make HMM a full member when its associate status ends in April next year.
HMM has been in a strategic partnership with Maersk's 2M alliance for several years. The move comes after an apparent rebuff of the money-losing Korean liner company's efforts to strike a similar deal with the 2M Alliance.
HMM will join THE Alliance as a full member and will become the fourth member of the vessel-sharing group, which will help the carrier cut costs by sharing ships, cargo volumes and port calls with its partners, The Wall Street Journal reports.
The agreement to join THE Alliance was finalised in Taipei on June 19. Subject to regulatory approval, the new contract between the four lines will officially start on April 1, 2020.
"HMM is a great fit for THE Alliance as they will provide a number of new and modern vessels, which will help us to deliver better quality and be more efficient - and it will help us also to further reduce our emissions," said Rolf Habben Jansen, CEO of Hapag-Lloyd, in a joint statement.
The new tonnage that HMM will bring to the alliance is significant. With heavy support from the South Korean government, HMM has ordered twelve Korean-built 23,000 TEU vessels, which will be delivered in the second quarter of 2020. They will be among the largest container ships in the world at the time of delivery, and like other "megamax" ULCVs, they are designed for the East Asia-Europe trade lanes. Additionally, eight 15,000 TEU newbuilds will join HMM's fleet in the second quarter of 2021.
"Being a full member of THE Alliance gives us a lot of pride. We are convinced that we will be successful and generate additional value for our customers, employees and shareholders with combined experience, strategic skills, competitive fleet and strong focus on our clients' needs," said Jae-hoon Bae, president and CEO of HMM, in the joint statement.
OOCL Extended Route Service Network China-Vietnam Route Direct to Wenzhou Port 20190627 Taiwan New News Shipping Edition
The 1,774 TEU container ship "FILIAT" operated by OOCL is expected to make its maiden voyage from Wenzhou port on July 5, according to mainland Chinese authorities.
Two other 1,700 TEU container ships operated by OOCL work together with the "FILIAT" to serve the China-Vietnam Route (KTX7).
The order of port ingdepartures is as follows:
Osaka Port - Kobe - Shimizu - Tokyo Port - Ning-bo - Wenzhou - Hong Kong Port - Haiphong Port - Kaohsiung Port - Xiamen Port men) - Osaka Port.
It is reported that the KTX7 increase d'a's arrival in Wenzhou Port, not only to speed up Wenzhou port goods to Southeast Asia and the world, will also bring more Japanese imports to Wenzhou Port.
Taiwan's New News Shipping Network
Dalian Port Group Container Terminal Equity Integration as "Best in the Country" by the Ministry of Commerce
Recently, Dalian Free Trade Zone re-tweeted: "Dalian Port Group explores the new path of domestic container terminal equity integration" "Dalian Iceberg Group mixed ownership reform" 2 northeast revitalization characteristic cases, the Ministry of Commerce as a new batch of national best practice cases. Up to now, Dalian District has summarized 237 institutional innovation matters, and 82 innovation cases have been evaluated by third parties, of which 66 have been reported to the provincial government and 22 to the Ministry of Commerce.
Province replication and promotion of 45 innovation experience Dalian contributed 19
Liu Aimin, deputy secretary of the Party and Industry Committee of Dalian Free Trade Zone and director of the Management Committee, said at a press conference held recently that Dalian Free Trade Zone has been listed for more than two years, under the leadership of Dalian Municipal Committee and the municipal government, under the strong support of the Central And Trade Office and the city's relevant departments, with the guidance and guidance, with institutional innovation as the core, To replicate can be promoted as the basic requirements, the international rules of the standard, actively explore the establishment of a system in line with the requirements of internationalization, rule of law, facilitation, formed a number of dalian characteristics of the system innovation results.
It contains "bonded mixed ore" "incoming grain whole process supervision" selected in the State Council free trade pilot pilot pilot experience, spread throughout the country; Dalian Port Group explores the new path of domestic container terminal equity integration," "Dalian Iceberg Group mixed ownership reform" 2 northeast revitalization characteristic cases, the Ministry of Commerce as a new batch of national best practice cases, in Liaoning Province, the first two batch of the province's replication and promotion of 45 innovation experience, Dalian District contributed 19.
The first national mechanism of "commissioning law firms to regulate centralized registration"
As the front line of opening in Northeast China, Dalian Free Trade Zone explores and innovates in administrative service mode and administrative service mechanism.
In accelerating the transformation of government functions and continuous optimization of the business environment, Dalian Free Trade Zone expands the service connotation, implements the administrative confirmation system, realizes the commercial registration and so on, and pioneers the "commissioned law firm standardized centralized registration" mechanism in the country.
As the front line of opening in Northeast China, Dalian Free Trade Zone explores and innovates in administrative service mode and administrative service mechanism.
In accelerating the transformation of government functions and continuous optimization of the business environment, Dalian Free Trade Zone expands the service connotation, implements the administrative confirmation system, realizes the commercial registration and so on, and pioneers the "commissioned law firm standardized centralized registration" mechanism in the country.
In promoting trade facilitation, Dalian Free Trade Zone related departments and customs and other units jointly launched 55 innovative initiatives to jointly enhance the time limit. On the basis of copying the "single window" version 3.0 of Shanghai international trade, 9 functions such as cross-border class declaration and maritime transit were added, and the first intelligent export tax rebate platform was launched in China, with a tax rebate speed of 47%.
In deepening the reform and innovation of financial and state-owned enterprises and serving the revitalization of old industrial bases, we will formulate the Dalian Zone's Work Programme on Financial Innovation, coordinate 16 measures to support the construction of the Free Trade Pilot Zone in the Dalian financial system, optimize the approval process for financial institutions in the area, and introduce 10 measures to facilitate cross-border e-commerce trade financing. Online launch of the country's first "free trade finance online service platform", to achieve the government platform and financial platform data direct communication. Dalian Commodity Exchange iron ore futures bonded delivery business fully started. PetroChina Dalian Bonded Bank approved the domestic crude oil futures designated delivery bank, and completed the first ship delivery in the country. The banking system has launched a "new model of cross-border financing services for commodities" to provide low-cost financial support to enterprises in the FTZ, helping enterprises to develop rapidly.
Dalian Free Trade Zone Innovation Management System will implement full performance appraisal system
In order to enhance the vitality of regional development, Dalian Free Trade Zone innovation management system and operating mechanism, in accordance with the "archive sequestration, post control, full appointment, fixed salary, performance appraisal" requirements, the implementation of on-demand post, competitive recruitment, employment, contract management of the post management methods, breaking the "on the generation", the formation of personnel can enter and exit, The position can be up and down, the treatment can be high and low, the assessment is strict, the reward and punishment are clear, the hierarchical management of the personnel management mechanism. At the same time, broaden the channels of selecting and employing people, to attract investment, free trade construction and other urgently needed high-level talent, finance, urban management and other talent skilled special employment. It has been formulated to implement the full performance appraisal, establish and improve the comprehensive evaluation and appraisal system, and form a positive incentive mechanism to see the high and low in practice and to judge the hero by performance.
At present, the construction of the free trade test zone has entered a new stage of multi-disciplinary reform, all-round opening and high-quality development, and the construction of Dalian Zone has become a new engine to enhance the overall competitiveness and opening-up level of the old industrial base in Northeast China. According to the latest innovative development plan of Dalian Free Trade Zone, we will learn from the quarantine experience of Hong Kong's imported aquatic products, and strive to implement some goods pre-inspection and destination release. Expand the business of "bonded warehousing and re-export" and "bonded research and development testing", further enhance the policy function of the bonded area, and promote the upgrading of Dakil Bay Bonded Port Area, Dalian Export Processing Zone A and B to integrated bonded area.
Dalian Free Trade Zone will also promote the innovation and development of biomedicine, new energy and other industries, build a public service platform for biopharmaceutical technology innovation in Dalian, and speed up the construction of ports for imported medicines and biological products.
At the same time, Dalian focused on the national development strategy, taking China-Japan economic cooperation as an opportunity to deeply integrate into the Northeast Asian region open cooperation, the construction of the Japan-China Economic Cooperation Park, focusing on Japan's "high-end manufacturing, industrial and trade products, new energy research and development manufacturing, cold chain logistics and distribution, education and medical" and other sectors, do a good job of economic and trade cooperation with Japan.
Liu Aimin said that Dalian Free Trade Zone will continue to give full play to the advantages of the first test, based on Dalian characteristics, the formation of "Dalian experience", so that the reform and opening-up "test field" to become the "experience export place" of fTZ construction.
(Source: Peninsula Morning Post)
Trump takes sanctions shot at Vietnam, refers to eating U.S. tofu in trade war
The trade war with China is endless, and the United States has turned its back on the next country. In a recent interview, Mr. Trump suggested that Vietnam could be the target of U.S. sanctions after China.
The biggest winner of the trade war: Vietnam
The trade war is in its second year, during which China and the United States have refused to give in to each other, imposing punitive tariffs on each other's hundreds of billions of dollars in goods. As China and the United States battled for their heads, the developing nation, led by Vietnam, was the biggest winner in the dispute.
In order to avoid being affected by the trade war, companies have moved production bases from South China, and Vietnam is the first choice for many large factories in Southeast Asia. Yet Mr. Trump argues that Vietnam's ability to eat American tofu is more than that of China.
Vietnam's trade surplus with the U.S. rose 45.5 percent in the first quarter of 2019 from a year earlier, with the largest increase in trade-war tariffs.
Apple is also expected to move 15 to 30 per cent of its iPhone capacity from China to developing countries such as Mexico, India, Vietnam, Indonesia and Malaysia, with Vietnam and Indonesia among the top picks for iPhones.
Samsung's key investment, Vietnam's mobile phone industry growth
In fact, as early as more than 10 years ago, manufacturers from all over the world looked at Vietnam's development potential and set up local investments. Although the southward migration is inevitable, the trade war dispute has accelerated the process.
This may have something to do with the delicate atmosphere between China and South Korea, where Samsung, the 3C big company, has been the most aggressive investor in Vietnam. According to the Nikkei, Samsung has invested $50.5 billion in Vietnam since 1988, making it the country's largest foreign company, accounting for 30 percent of total external investment. In 2017, Samsung contributed $54 billion in exports to Vietnam, nearly a quarter of its total.
Samsung recently announced that it would close its last mobile phone farm in China and move its production to Vietnam, following the closure of its plant in Shenzhen in April last year and the tianjin plant again late last year.
Samsung currently employs more than 160,000 people in Vietnam and has a complete supply chain with dozens of local partners. In November, Samsung announced an increase in investment in Vietnam, not only to build a third mobile phone factory, but also to set up a research and development center in Vietnam, demonstrating its determination to dig deep ercy.
Samsung's focus on investment in Vietnam has also affected U.S.-Vietnam trade. The U.S. is one of Vietnam's largest trading partners, with Vietnam's total exports to the U.S. totaling $47.5 billion in 2018, with textiles, shoes, mobile phones and telephones, with mobile phones and telephone-related products accounting for 11.4 percent of the total, or $5.41 billion, according to Vietnamcustoms.
Mr. Trump did not say whether he would impose tariffs on Vietnamese products, saying only that "consultations are under way with Vietnam" and again stressing that Vietnam is the cheapest country in the United States.
The ongoing escalation of the Sino-US trade war has led to a marked decline in u.S. companies' willingness to invest in China, with more and more companies canceling investment plans in China and even withdrawing completely from the Chinese market. The growing number of U.S. companies focusing on supply chains and production in Southeast Asia could end up being the number one beneficiary of a trade war, according to the survey.
According to a new survey released on June 26th by the American Chamber of Commerce in Singapore, nearly 90 percent of U.S. companies surveyed said the business environment in Southeast Asia had become more attractive, up from 75 percent a year ago, the Straits Times of Singapore reported.
Ann Yom Steel, chief executive of the American Chamber of Commerce in Singapore, said Singapore is expected to be an indirect beneficiary as more companies look to move production to Vietnam, as many U.S. companies have their Asia-Pacific headquarters in Singapore to conduct key corporate decision-making processes locally.
The survey interviewed 144 businesses, 90% of which were global, about 61% of U.S. businesses, and 84 percent from services, manufacturing or technology.
According to the survey, 37 percent of companies surveyed considered moving their supply supply supply out of the U.S. and 42 percent considered pulling their supply supply from China, up 5 percentage points from last year. Twenty-eight percent of companies surveyed said they were interested in pulling production lines out of China, almost double last year's 15 percent. In addition, 11% of companies consider leaving China altogether, up from 5% last year.
Reuters reported on Wednesday that myanmar's approved investment in China increased by $585 million in the 12 months to April, according to the Myanmar Investment and Company Administration. Yuan. Myanmar companies added a new 13-month high, according to the Nikkei' May Manufacturing Purchasing Managers' Index
However, the data also show that Vietnam has become a major country used by companies to "wash their places of origin" to avoid high tariffs. The Wall Street Journal reported that Vietnam's exports of computers and electronics to the U.S. surged 71.6 percent to $1.8 billion in January-May. During the same period, Vietnam's imports of computers and electronic se-products to China increased by 80.8% to $5.1 billion.
(This article was reproduced by MoneyDJ News)
Yangming Shipping Adds China-Thailand Route 20190625
Reporter Zhou Jiayang / Taipei Report: Yangming Shipping Co., Ltd. (Yangming Shipping) said that due to the recent international trade disputes brought about by uncertainties, the global cargo and industrial chain is expected to gradually move, the company in response to this trend, while strengthening the Asian inter-regional service network, improve the quality of asia routes, The China-Thailand Service, or CTX, has been launched in Shanghai since July 12.
Yangming Shipping stressed that this joint-venture route will be equipped with three real 1,200 TEU-class container ships, of which Yangming Shipping into one, to provide a one-day cruise weekly fixed flight service, The port includes Shanghai -Ningbo - Xiamen - Laem Chabang - Bangkok - Laem Chabang - Hong Kong - Shanghai 。
Yangming Shipping deployed seven routes in Thailand through ship-to-ship and other carrier shipping and aircraft exchange, in addition to the aforementioned China-Thailand Line (CTX), The Central China-Vietnam/Thai Line (CTS), the Japan-Thailand Line (JTC), the Southeast Asia Five Line (SE5), thailand-Indonesia Express (ITS), Japan-Thailand Express (JTX), North China-Thailand Line (NCT) and other routes, through the continuous development of the route network, to provide customers with more complete and efficient high-quality delivery services in Asia. For more information on routes, please refer to the Yangming Shipping Company website (www.yang-ming.com).
Taipei Port volume has exceeded the port of Keelung for three consecutive years nearly 20% throughput, the newly completed east terminal east one of the second warehouse will soon start investment, can use the warehouse area of about 2,365 Ping, suitable for the operation of business for general logistics (except for dangerous goods), cross-border e-commerce logistics, maritime express (requires application area), Free Trade Port Area business (requires permission to apply) is expected to be open for tender in July.
The Taiwan International Logistics and Supply Chain Association (TILSCA) and Tianhe Rotary Club jointly organized a team led by Chairman Qin Yuling to Taipei Port, Dongli Logistics, Taipei Port Container Terminal and other three companies to organize professional visits. Liu Shizong, general manager of Theon Branch of Taiwan Port Corporation, said a second warehouse in Taipei Harbour's new East One would soon start leasing operations.
The trip was arranged by Liu Shizong, General Manager of Keelung Branch of Taiwan Port Corporation, Hong Chendong, Chairman of Dongli Logistics, and Su Guanghuan, Chairman of Taipei Port Container Terminal Company, to Taipei Port Administration Building, Dongli Logistics, the new warehouse of the East Terminal and the Taipei Port Container Terminal Company. A group of 40 people, including representatives of Japan in Taiwan, the German Economic and Cultural Office, the Hong Kong Trade and Development Council (Taiwan) and so on.
Taipei Port is the only port planned and built by the Chinese people themselves, its hinterland is five times the size of Keelung, has been able to dock 20,000 TEU super-large container ships, the volume has also exceeded the Port of Keelung for three consecutive years nearly 20% throughput, reached more than 1.7 million TUEs.
Dongli Logistics is a strange soldier in Taipei Port, its development of construction is obvious to all, in recent years in the Indian automotive industry EndtoEnd distribution services operating well, but also in Thailand also invested in automotive components and metal enclosures, in Taiwan's logistics sector Xinnan towards quite successful.
Taipei Port Container Code Company (TPCT) to build a global ocean-going maritime hub as the vision, by Changrong, Wanhai and Yangming three major shipping groups jointly invested in the establishment, the current opening of the terminal signed in the North Three, North Four, North Five, North 64.
Chairman Su Guanghuan said that the Taipei Port throughput design can accommodate 2.4 million TEU, but also mentioned that NVOCC's MCC operating mode in the Free Trade Port area is easy to operate.
Taipei Port is located in the Far East to Europe and the United States ocean main route, suitable for the development of ocean routes and cross-strait direct ports, free trade port area will be in the future with the development of the new port area, gradually expand the scope of operation, is now stationed in the industry and operating conditions including automotive logistics, oil storage and transfer trade, refrigerated logistics, sea express and cross-border e-commerce, etc. The port is positioned as a container port with ocean-going routes as the main destination and the development of air and sea transport, automobileand and other industrial logistics ports.
Xiamen Launches First Multimodal Port Station 20190625 Taiwan New News Shipping Edition
Reporter Chen Weiqiang / Taipei Report: Xiamen to open the first multimodal port station, Silk Road sea routes and Central Europe will directly benefit, relative to the original sea rail intermodal business needs to use trailers to pull containers to and from the terminal and railway cargo terminal, transshipment costs are higher, the port station after operation, can save trailers and reduce logistics costs.
The multimodal port station is located in Xiamen Port Hairun Terminal, Xiamen Port Holding Group pointed out that the annual processing capacity of the port station will exceed 50,000 TEU, can serve a number of Haitang port terminals, including Hairun Terminal, the future will gradually enhance the capacity to become a convenient channel for sea-rail intermodal containers to enter and exit the port.
As of May this year, Xiamen Central Europe has sent more than 200,000 tons of cargo and transportation revenue of more than 200 million yuan, while Xiamen Port Sea Rail Has completed 15000 TEU, an increase of 101.18% over the same period.
Flight attendants strike Evergreen Airlines emergency response to help passengers
Taoyuan City Flight Attendants Professional Union (Known as Tao air workers) yesterday (20) at 16 o'clock launched a surprise strike action, has caused great impact and inconvenience to innocent passengers, employees and related tourism operators, Changrong Airlines said it has immediately set up an emergency response team, and make every effort to mobilize, in the government, With the assistance of Friendly Airlines and related tourism operators, we can transport passengers and do everything in their power to reduce the impact on passengers.
Evergreen Airlines is also aware of the passengers are worried and panicked about the impact of the follow-up trip, the latest flight cancellations or departures will be updated at any time on the Changrong Airlines strike zone website www.evaair.com, mobile phone APP or Facebook, passengers can also call the Evergreen Airlines Service Center 02-2501-1999 for information.
The aviation industry two indicators may point to the upcoming global economic downturn
MoneyDJ news 2019-06-18 11:17:38 Reporter Lai Hongchang reports
CNBC reported that the Center for Asia Pacific aviation (CAPA) Zhihangzhuxi Peter Harbison Monday (June 17th) in an interview with "Squawk Box" program interview that two indicators might point to the airline industry downturn in the economy is about: falling demand for air cargo, aircraft orders last year peaked.
Harbison said the demand for air transport is generally considered a leading indicator, it is not just for the aviation industry, but also to forecast the overall economy's next move in which direction. He said that air transport is now a sharp decline in mean follow-up of economic performance is not very good.
International Air Transport Association (IATA) announced on May 29, in April 2019 the number of global air freight (FTK) ton-kilometers in minus 4.7%, continuing the trend of decrease since January.
Decline in the top Asia-Pacific region, in April 2019 FTK-year decrease of 7.4% in Europe and the Middle East were 6.2% decrease. On the other hand, Latin America, Africa, North America FTK 4 Yuefen annual growth of 5.0%, respectively, 4.4%, 0.1%.
MarketWatch reported that Fitch Ratings (Fitch Ratings) said on Monday, chief economist Brian Coulton, Fitch's base scenario, even assuming that the United States is not $ 300 billion of Chinese imports impose tariffs, in 2020 global economic growth rate is still lower escape repair fate. He said the rising trade uncertainty has made business capital spending hold a more cautious approach.
Fitch US investment weakened, Chinese consumer spending in emerging markets increasingly tired and gloomy economic outlook by the 2020 global growth rate estimates revised down to 2.8% from 2.7%. Fitch notes that, if the United States really $ 300 billion of Chinese imports tariffs and China to take counter-measures, global, US and Chinese GDP will thus reduce respectively 0.4, 0.5 and 0.8 percentage points. Coulton and expected, the Fed (FED) interest rate policy this year probably will not make any adjustments.
Thomson Reuters has pointed out that, by definition, global recession means that the annual growth rate of less than 2.5%.
World Trade Organization (WTO) May 20 release of the World Trade Outlook Index (WTOI) reported 96.3 (see figure), with data released on February 19 the same level since March 2010 the lowest on record, less than the index of baseline value (100), means that the first half of 2019, trade expansion will be below trend.
Federal Reserve Bank of New York announced June 17, in June 2019 the New York State manufacturing sentiment index fell from 17.8 in May to -8.6 26.4 points, the highest since October 2016 low, down a point of history (which began in 2001 ) record.
China's National Bureau of Statistics announced on June 14, more than in May 2019 scale industrial added value grew 5.0 percent after deducting price factors, the lowest annual growth rate (SCMP) since February 2002 (2.7%).
China Federation of Logistics and Purchasing (CFLP), the National Bureau of Statistics Service Sector Survey Center released May 31, May 2019 China's manufacturing purchasing managers index (PMI) of new export orders among the 12th consecutive month (since June 2018) of less than 50% (ups and downs of the demarcation point), the symbol of new export orders continued a state of contraction.
Asian economies such as Taiwan locked in by Iran? Expert: The attack on the CNPC tanker is not a coincidence
MoneyDJ News 2019-06-14 09:55:02 Journalist Guo Yanxi Reports
Two oil tankers in the Gulf of Oman were attacked on Thursday (June 13) near the Strait of Hor mozzis, a key crude oil shipment, the Choke point. U.S. Secretary of State Mike Pompeo pointed to Iran as the mastermind. Analysts predict that oil prices could jump $7 if the conflict grows.
CNBC reported on the 13th that the two oil tankers attacked, one owned by the Japanese shipping company Guohua Industries, "Kokuka Courageous", mainly carrying chemical materials, from Saudi Arabia to Singapore. The other is Front Altair, a subsidiary of frontline, a Norwegian shipping company, carrying naphtha, which departs from the Persian Gulf and transports cargo to TAIWAN's CPC Taiwan.
Anas Alhajji, an independent energy expert, said the countries to which the tankers belong were politically and militarily weak, carrying crude oil produced by Saudi Arabia or the United Arab Emirates (UAE) and being attacked in the least protected areas, MarketWatch reported Wednesday. It's also just cloudy weather, and these phenomena are no coincidence, precise attacks orchestrated by state forces. He said that this level of intelligence gathering and planning capabilities is not something that individuals or independent organizations can do.
The irony, says Alhajji, is that not only Saudi or UAE-produced crude oil is locked down, but even Asian countries that have stopped importing to Iran have been targeted. He said that these attacks would not only increase the political and insurance premium, but also reduce the supply of crude oil, amounting to three levels of impact.
Alhajji pointed out that it was difficult to estimate how the attacks would affect oil prices, but that they could climb as much as $7 if tensions rise further.
About a month ago, two oil tankers from Saudi Arabia, one from Norway and the other from the United Arab Emirates, came under attack. A key saudi oil pipeline was bombed by armed drones in May.
The U.S. State Department has announced that all countries that also import Iranian crude oil or condensate will no longer have sanctions immunity after May 2. In November 2018, the State Department extended the immunity of eight economies by 180 days, giving them more time to find alternative sources of crude oil supplies.
Washington Post columnist Josh Rogin wrote on May 21st that three of the eight economies that received u.S. immunity extensions last November had reduced Iran's crude oil imports to zero, namely Greece, Italy and Taiwan. Other economies that have not cut Iran's imports to zero are China, India, Turkey, Japan and South Korea.
Top 3 Global Container Capacity: Maersk, Mediterranean, COSCO Shipping Group 20190619
Zhou Jiayang/Taipei Report: According to the latest transportation data released yesterday (18) by Alphaliner, a French shipping consultancy, the top three are still Maersk Shipping (MAERSK) capacity of 4,153,783 TEU, Mediterranean Shipping (MSC) 3,380,592 TEU, COSCO Group capacity 2,889,742 TEU, the top three container regular shipping companies accounted for 45.2% of the market, the world's total operating container ships 6,102, 2,306,775 TEU, equivalent to 279.910,369 dWT.
4th to 10th place: CMA CGM Group, Hapag-LIoyd, Ocean Network Shipping (ONE), Evergreen Line, Yang Marine Shipping (Yang Marine Ming Transport) Corp., Hyundai M.M., And Taiping Shipping (PIL). The top seven are all more than a million TEU.
11th to 20th in order: Zim, WanHai Lines, KMTC, IRISL Group, Antong Holdings, Zhonggu Logistics Corp., Singapore X-Press Feeders Group, Haifeng International (SITC), SMLine Corp., TS Lines.
Alphaliner points out that the top 10 global container scheduled route companies' capacity remained essentially unchanged.
In response to the changes brought about by the general environment, container carriers have mostly made internal upgrades and business adjustments, as has Maersk Shipping, the world's number one transportation capacity, as well as Maersk Shipping, which became a major shareholder and customer of Traxens, the provider of container tracking solutions, following Dafei and Mediterranean shipping in May this year.
Maersk signed a Memorandum of Understanding (MOU) with the Russian Ministry of Transport on June 5, and Maersk and IBM jointly developed the blockchain supply chain platform Trade Lens to take root in Russia.