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Duty Liability on Chinese VAT at time of presenting a Customs De -- 2013-08-27

Information regarding the imposition of Chinese VAT remains unclear and in certain cases contradictory-in fact some carriers are not levying VAT at the moment adopting a "wait and see” approach. ...


Work starts on the new quay wall at Liverpool2 -- 2013-08-27

New joint venture partnership appointed by Port of Liverpool Construction of Liverpool’s new deep water container terminal, Liverpool2, took a major step forward this week with the appointme...


Felixstowe extends rail advantage -- 2013-08-07

Rail services from the Port of Felixstowe have been boosted with the start of the latest new service, operated by Freightliner, the port’s 30th daily rail service, running to Doncaster in South Yo...


Important milestones in Panama Canal expansion reached -- 2013-08-07

The Panama Canal Expansion Programme has achieved many important milestones. Both entrances of the Panama Canal are ready for bigger ships, since the deepening and widening of the Atlantic and...


Laid up container ship fleet nears 450,000 teu -- 2013-08-07

According to the latest data collected by Alphaliner, 187 containerships with a combined capacity of 448,000 teu had been laid-up worldwide as of July. Alphaliner attributed part of the inc...


European Commission reviews consortia block exemption -- 2013-08-07

The European Commission's DG Competition has started the Review process on Commission Regulation (EC) No 906/2009 on the application of Article 81(3) [101(3)] of the Treaty to certain categori...


Russia possibly will suspend TIR Carnets -- 2013-08-07

The Baltic Course magazine reported recently on changes to the International Transit System's (TIR) protocol in Russia that will be implemented from 14th August 2013. The Baltic Course wrote: "Accor...


Air Freight Volumes Show Signs of Life in June -- 2013-08-07

The International Air Transport Association (IATA) released June figures showing a 1.2% year-on-year expansion in global air freight demand. Although weak, this is an improvement when compared to th...


Spain Transport Control Document Spanish Law FOM/2861/2012 -- 2013-08-07

A recent news article stated that, with effect from 5 July 2013, the Spanish authorities would require VAT numbers to be included with the details of parties involved in a CMR transport. Since then ...


China's VAT reform -- 2013-08-02

On 1st August 2013, China’s new Value-Added Tax (VAT) reform is extended nationwide. This reform implies the shift from turnover tax (Business Tax - BT) to a value-added tax across many ind...


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