The Department of Agriculture Fisheries and Forestry (DAFF) has issued notice 40-2024: ‘Import Document Assessment Delays,’ for the attention of importers and custom brokers. A similar notice was issued six months ago (2023-24) which at that time was attributed to the beginning of the Stink Bug season. DAFF says it anticipates its ability to meet […]
News
Port of Gladstone Turns 110
Gladstone Ports Corporation (GPC) is celebrating a milestone this week – its 110th anniversary, confirming its legacy as one of Australia’s most significant Ports and highlighting the critical role it is playing in both the state and national economies. GPC is Queensland’s largest multi-commodity port and the fifth largest multi-commodity port in Australia. It is […]
Focus on the Philippines and ASEAN
Philippines President Ferdinand Marcos Jr. is today (03 March 2024) making his second trip to Australia in a week, to attend a special summit with Association of Southeast Asian Nations (ASEAN) member states. Mr Marcos said the ASEAN-Australia Special Summit in Melbourne is an opportunity for the government to reiterate the country’s position on regional and […]
AANZFTA Product Specific Rules of Origin
The Agreement Establishing the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) is a deal between ASEAN Member States (Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam), Australia and New Zealand. The Australian Border Force (ABF) has issued Australian Customs Notice No. 2024/07 with the title, “AANZFTA Product Specific Rules of Origin […]
Australia Supports Indo-Pacific Trade
Ahead of the 13th World Trade Organization (WTO) Ministerial Conference (MC13), the Australian Government has announced more than $20 million to support our region’s trade and development needs. The conference will be held from 26 to 29 February in Abu Dhabi, United Arab Emirates. A joint media release by Don Farrell (Trade and Tourism) and […]
Import & Export Drug Regs Amended
On 21 February 2024, the Customs Legislation Amendment Regulations 2024 came into effect. The Australian Border Force (ABF) has issued Australian Customs Notice No. 2024/06: “Prohibited Exports and Imports Regulations Amendments – Drugs.” Australia is a signatory to the Single Convention on Narcotic Drugs of 1961, as amended by the 1972 Protocol, the Convention on […]
Kite Flying System for Cargo Ships
This is a step beyond other measures we have reported on under the heading ‘Green Shipping’ e.g. LNG vessels, Hybrids, Lithium-Ion Battery power, Scrubbers and Emissions Surcharges – not forgetting retro-fitting cargo vessels with sails. The latest innovation is an automated kite-flying system called Seawing, and K Line is backing it. Japanese shipping company Kawasaki […]
Expanding Scope of Container Inspections
The Department of Agriculture Fisheries and Forestry (DAFF) is expanding the scope of eligible sea containers permitted to be inspected under the Approved Arrangement Class 14.4 – Rural tailgate inspection. They have issued notice no. 24-2024 titled: Class 14.4 Approved Arrangement – Expansion of eligible containers for Industry Inspection. The notice is of interest to […]
Leading Researcher’s Annual Shipping Check
Drewry is a leading provider of research and consulting services to the maritime and shipping industry, offering insights into ports, shipping lines and containers. They have released their Container Shipping Financial Health Check 2024. In this report they assess the current state of each of the key players in the sector. The keywords of the […]
Global Events and Insurance Premiums
Ongoing events affecting global shipping such as those in Ukraine, the Suez Canal & Red Sea, the Panama Canal and piracy off the coast of Africa are resulting not only in surcharges added to freight costs, but also increased marine insurance premiums. Last month the Global Trade Research Initiative (GTRI) made the assessment that the […]