Update: Hanjin Hanjin Shipping in talks to sell Long Beach Terminal stake to MSC | from Reuters Hanjin Shipping Co Ltd is in talks to sell its stake in the Long Beach Terminal in California to Geneva-based Mediterranean Shipping Company S.A.(MSC), a spokesman for the Seoul court overseeing the shipper's receivership said on Friday. Hanjin Shipping owns a 54 … [Read more...]
West Coast Ports Meeting to Talk Contract Extension
West Coast ports Meeting to Talk Contract Extension From Reuters: Major cargo shippers and the union representing dockworkers at 29 U.S. West Coast ports have agreed to talks on a possible extension of their current contract, which is set to expire in mid-2019, the two sides said in a joint statement on Tuesday. Negotiators for the Pacific Maritime Association (PMA) and … [Read more...]
SOLAS-VGM: Container Weight Mandate Begins
SOLAS-VGM: Container Weight Mandate Begins SOLAS [Safety of Life at Sea] VGM [Verified Gross Mass] process has begun for ships sailing on or after July 1, 2016. Containers must have verified weight documents if they are to be loaded onto a ship. Here are two options to meet the regulations: The first is to weigh a container on a truck as it passes over a weigh … [Read more...]
Updated Importer Security Filing (ISF) Enforcement – June 30th
Updated Importer Security Filing (ISF) Enforcement - June 30th There is new ISF enforcement that will be applicable for all cargoes on the water on or after June 30, 2016: Per CSMS #16-000499, Customs & Border Protection (CBP) at U.S. ports is no longer required to send requests for liquidated damages (LD) to its Headquarters for approval. Non-compliant Importer … [Read more...]
April Newsletter: Trade Compliance & Earth Day
April Newsletter: Trade Compliance & Earth Day TRADE COMPLIANCE FOR 2016 ACE -> 2016: Mandatory use of ACE for all remaining electronic portions of the CBP cargo process- Are you ready for ACE? *Reminder: Ace Mandatory Use Dates SOLAS - JULY 1, 2016- Shippers are you ready for the container weight mandate? Who is Ready for SOLAS VGM? >BIS Seminars Coming … [Read more...]