The Assistant Minister for Trade, Tim Ayres, is in Auckland to attend the 7th meeting of the Commission of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). During his visit, he will also attend the Australia New Zealand Leadership Forum (ANZLF) in Wellington. The ANZLF will highlight the 40th anniversary of the Australia-New Zealand […]
Taiwan’s Evergreen Marine Corp is set to become the world’s fifth-largest container line as it confirms orders to build 24 methanol-enabled, dual-fuel 16,000-TEU (Twenty Foot Equivalent) container ships worth up to US$5 billion. The capacity increase means Evergreen will overtake Hapag-Lloyd for the no.5 spot globally, with vessels totalling more than two million TEU. It […]
On 22 July 2023, the world’s largest women’s sporting event, the FIFA Women’s World Cup 2023 (FWWC) will kick off across Australia and New Zealand. The Australian Border Force (ABF) has established Item 59 which provides duty-free entry to goods “for use in connection with international sporting events.” By-law No. 2320518 provides a ‘Free’ rate […]
Australia’s potential free trade deal with Europe has reached deadlock, with our trade minister, Senator Don Farrell, travelling to Brussels this week to negotiate. Even without an FTA, the EU is Australia’s third-largest trading partner, worth $97 billion in two-way trade in the past financial year. Europe is picking on Australia’s use of terms for […]
The use of “Smart containers” has skyrocketed in recent years – a trend that really took hold with the supply chain disruptions that followed the Covid-19 pandemic. Tracking the location of shipping containers around the world has become necessary, desirable – and now affordable – for shippers, vessel operators and box leasing companies. The container […]
Member States of the International Maritime Organization (IMO), meeting at the Marine Environment Protection Committee (MEPC 80), have adopted the 2023 IMO Strategy on Reduction of Green House Gas (GHG) Emissions from Ships, with enhanced targets to tackle harmful emissions. The Summit was held from 03 to 07 July at the IMO’s headquarters in London, […]
The International Plant Protection Convention (IPPC) is an intergovernmental treaty (and part of the UN) signed by more than 180 countries. It aims to protect the world’s plant resources from the introduction and spread of pests and promotes safe trade. The IPPC will be holding an international workshop on “Pest risk mitigation of sea containers […]
The Australian Government has extended the temporary duty reduction on goods that are the produce or manufacture of Ukraine for a further twelve months. These goods will continue to have a “Free” rate of customs duty. We wrote about the original measure a year ago, which applied the duty reduction to eligible goods for a […]
As announced by the Prime Minister’s Department, Anthony Albanese will welcome Joko Widodo, President of the Republic of Indonesia and his wife, Mrs Iriana Widodo, to Australia, arriving in Sydney today 03 July, and holding meetings in Canberra on Tuesday and Wednesday. During the visit, Leaders will hold the 8th Australia-Indonesia Annual Leaders’ Meeting. Leaders […]
The Department of Agriculture, Fisheries and Forestry (DAFF) has completed its comprehensive review of the biosecurity cost recovery arrangement. This follows their public consultation, which we have been reporting on recently. The outcome proposes changes to existing regulatory charging to align fees and charges with the cost to deliver biosecurity and imported food activities. Following […]
