On 01 January 2022, the Regional Comprehensive Economic Partnership Agreement (RCEP) will enter into force for Australia, Brunei, Cambodia, China, Japan, Laos, New Zealand, Singapore, Thailand and Vietnam. It is to become the world’s largest trade deal – which includes China but excludes the USA. It is also larger than other regional trading blocs such […]
The ongoing volatility in the shipping industry has forced many Australian importers to choose airfreight over sea cargo when their goods are time-sensitive. The result is that just like ocean shipments, air consignment rates are also on the increase. With the recent opening up of borders, some exporters are complaining that capacity for belly cargo […]
In a virtual presentation yesterday (30 November 2021) to the Australian Industry Group (AIG), the Prime Minister Scott Morrison announced an enquiry into the efficiency of our maritime logistics industry. He said that the key focus is on the flow of goods from overseas suppliers to Australian businesses and consumers. A month ago we reported […]
Australian businesses have responded to the government’s trade diversification program by looking to expand their export markets, says the Trade Minister in a media release. Australian exporters are looking to target new markets, including the US, the UK, India and Indonesia – where Australia already has, or is working towards, free trade agreements, according to […]
We have posted before about the dangers of Khapra Beetle entering Australia, most recently about its detection in this article three months ago. The pest which has the technical name of Trogoderma granarium is a serious threat found mainly in stored grains, but also in rice, oilseeds and dried foodstuffs. The damage it could cause […]
Patrick Terminals issued a notification yesterday that the Maritime Union of Australia (MUA) have agreed to provide an undertaking to the Fair Work Commission (FWC) that all notified and ongoing industrial action will be withdrawn. The stevedore, which moves 40% of containerised freight at ports in Sydney, Melbourne, Brisbane and Fremantle, applied to the FWC […]
With effect from 01 December 2021, Australia will regulate the exportation of waste tyres under the Recycling and Waste Reduction (Export-Waste Tyres) Rules 2021. These measures will require exporters to hold a waste export licence and declare each export consignment of waste tyres to the Department of Agriculture, Water and Environment (DAWE). Last year the […]
Yesterday (04 November 2021), the Australian Competition and Consumer Commission (ACCC) released its Container Stevedoring Monitoring Report 2020-21, which looks at the impact of the current global logistics crisis on Australia’s container trade, as well as the prices, costs, and profits of stevedores at Australia’s international container ports. The chairman, Rod Sims, is pushing for […]
Until recently, the term ‘global supply chain’ was not commonly uttered by the average Australian citizen. Now the phrase tumbles from everyone’s lips, as even ABC TV’s News Breakfast show hosted a daily series on the subject over the past week to edify their viewers – some are expecting the expression ‘supply chain’ to become […]
Leading container terminal operator Patrick Terminals has lodged an application with the industrial umpire, Fair Work Commission, to terminate its Enterprise Agreement with the Maritime Union of Australia (MUA), upping the ante in its long-running dispute with the union. The agreement is no longer fit for purpose, as it contains a number of operational restrictions that […]
