China dumping fears growing
The United States is voicing increasing concerns that Chinese manufacturing overcapacity will hit world markets, while the EU launched an anti-dumping investigation into China’s EV industry last year.
Senior US Treasury officials told the Financial Times this week that a visiting US delega...
Read more
Supply chain; a year in review
2023 was supposed to be the year that global supply chains bounced back from pandemic lockdowns and factory shutdowns, trade wars, tariffs and war in Europe, but now container shipping is disrupted by attacks in the Red Sea and restrictions on the Panama Canal.
The COVID pandemic and its after...
Read more
EU road toll increases start in Germany
Increases in HGV road toll charges in Germany, which includes an additional CO2 emissions tax of €200 per tonne began on the 1st December 2023 and for vehicle combinations with a gross vehicle weight of up to 40 tons, prices will increase by almost 86% – giving 35.4 cents per kilometre.
Th...
Read more
EU-ETS surcharge latest
From the 1st January 2024 the market-based mechanism to tackle greenhouse gas emissions within the European Union known as the EU Emissions Trading System (ETS) will be extended to shipping, triggering new emission linked surcharges.
EU ETS sets an annual absolute limit on greenhouse gas (GHG)...
Read more
EU Emissions Trading Scheme surcharge
The EU’s Emissions Trading Scheme (EU ETS) extends to container shipping from the 1st January 2024, with significant legal, commercial and financial consequences for carriers and a new surcharges for shippers.
Under the EU ETS carriers will purchase a capped number of permits, known as ...
Read more
EC to end container shipping alliances
On the 9th August 2022, the European Commission (EC) issued a call for feedback on the Consortia Block Exemption Regulation (CBER) and on Tuesday announced that it will not renew the sector’s exemption to operating shipping alliances when current legislation expires on 25th April.
The Cons...
Read more
Get ready for the NI Windsor Agreement processes
The Windsor Framework was agreed in February to ease post-Brexit trade between Northern Ireland (NI) and the rest of the UK, but concerns remain about a continuing lack of clarity over the details of the Windsor Framework - which begins to come into force from the 1st October.
Prior to the Win...
Read more
Final stage of EU’s Import Control System 2
On the 1st March 2024, the European Union is launching the 3rd and final part of its pre-loading and pre-arrival safety and security programme, which requires pre-advice of mandatory information and failure by shippers to comply may lead to goods being rejected by the airline, shipping line, rail...
Read more
EU’s carbon border initiative threatens 40% tariffs
The introduction of the EU carbon border adjustment mechanism (CBAM) places reporting responsibilities on companies trading with the bloc in carbon-intensive products from the 1st October 2023 and businesses will have to buy certificates to cover emissions embedded in products from 2026.
With ...
Read more
Food border checks delayed for 5th time
The UK was set to roll out new health certification requirements for medium and high-risk goods originating in the EU, such as meat and dairy, from October, but there is now official confirmation from No 10 that last week’s Financial Times report was correct and the government is postponing bor...
Read more
Post-Brexit food checks deferred for 5th time
The Financial Times has reported that Brexit checks on food and food products coming to the UK from the EU, that were due to start at the end of October have been delayed by the government for the fifth time, due to fears over inflation.
The decision to suspend plans to enforce the controls, w...
Read more
EU Emission target will cost shipping $Billions
With a goal of net zero emissions by the year 2050, the European Union is expanding its Emissions Trading System (ETS) to the shipping sector in 2024, which means container shipping lines will need to purchase emission allowances while investing in alternative fuels, with the increased costs like...
Read more