News

Exporters Welcome Extension of IFAM

On Friday (27 August) the federal government announced a further $260.9 million in funding to extend the International Freight Assistance Mechanism (IFAM) to mid-2022. This will give some breathing space to Australian export businesses that rely on airfreight while they adapt to the ongoing effects imposed on the international trade environment by the COVID pandemic. […]

Curbing Crime at Ports & Airports

The Australian federal government has tightened rules for cargo handlers at our ports and airports, closing a loophole that allowed serious criminals to access secure areas and carry out ‘inside jobs.’ The changes to eligibility criteria for people holding aviation or maritime security ID cards means people with criminal convictions will no longer be able […]

Khapra Beetle Threatens Export Markets

Last month we reported on the system being implemented by the Department of Agriculture, Water and Environment (DAWE) to prevent Khapra Beetle from entering the country. However, there have now been several detections of Khapra beetle at Australian ports, found in products from Southeast Asia. Importers are being cautioned on the need to be vigilant […]

Fall in Export Goods to China

Queensland’s trade with its biggest trading partner China has halved from A$27.5 billion in 2019-20, to A$14 billion in 2020-21, its lowest point in five years. The latest trade data reveals that sanctions on goods like coal, seafood and beef have taken a toll on the state’s economy. Some metals used for technology and construction, […]

Troubled Waters at Chinese Ports

Container vessels are beginning to divert from Ningbo to Shanghai, following a decision this week to close the Ningbo Meishan Island International Container Terminal due to Covid. The terminal accounts for about 25% of the volumes at the world’s third-largest port, sparking concerns of further disruption to supply chains. A port worker at Ningbo Meidong […]

Rates and Delays on China-Australia Trade

The price to hire a shipping container from Shanghai to Sydney has doubled over the past year. (Image – ABC News: John Gunn) Impact on Imports Australian freight forwarders and their clients are facing the biggest rate increases since the beginning of the Coronavirus pandemic. And nowhere is this more evident than on import consignments […]

Shippers’ Freight Pain is Shipowners’ Gain

The hopes of shippers that freight rates might return to normal this year have been repeatedly dashed by a series of supply chain disruptions: there has been the Suez Canal blockage in March, the Covid outbreak at Yantian in May-June, ongoing container shortages, adverse weather conditions and trade-lane bottlenecks. Network disruptions mean container shipping operators […]

August Indexation of Customs Duty Rates

The Australian Border Force (ABF) has issued Australian Customs Notice No. 2021/30: Indexation of customs duty rates on excise-equivalent goods on 02 August 2021 The notice sets out the new customs duty rates for certain excise-equivalent goods, including spirits, beers and fuel products, operative from 02 August 2021. Section 19 of the Customs Tariff Act […]

Storms Exacerbate Delays in China

More freight delays are expected in China this week, after typhoon In-Fa forced the closure of Shanghai’s container port and airport over the weekend. The typhoon first made landfall in the city of Zhoushan, China’s eastern province of Zhejiang on 25 July. Schools, markets, and businesses were closed ahead of landfall and more than 1.5 […]

Trends Affecting Overseas Suppliers

Covid restrictions continue to disrupt manufacturing and logistics in South-east Asia, creating order backlogs and shipping delays. We continually monitor trends and this week have a brief round-up on the situation in the following countries. Malaysia A prolonged nationwide lockdown has disrupted sectors, a prolonged nationwide lockdown has disrupted sectors, including automotive, semiconductors and medical […]