Customs: Updated Facilities Code list
On 29 June 2023, the South African Revenue Service (SARS) informed that “The Facilities Code List – External Annexure” (SC-CF-19-A02) was updated. The facility codes used in Box 30 on the Customs Clearance Declaration (CCD) have been updated due to: the name changes. The Annexure is accessible at: www.sars.gov.za/wp-content/uploads/SC-CF-19-A02-Facilities-Code-List-External-Annexure.pdf The name changes relate to: De-grouping […]
Shipping to China: Business openings and Cost Savings
Expanding your ecommerce business to China is salutary. Its massive population and thriving economy offer great openings. still, dispatching complications can be delicate, especially for small tomid-sized businesses. In this companion, we’ll explore shipping to China, including cost savings, delivery options, regulations, and considerations. Understand the process and use effective strategies to valve into the […]
Orca AI collaborates with Marubeni to broaden global reach of its technology
Orca AI, a marine technology company based in Tel Aviv, Israel, has signed a worldwide distribution agreement with Marubeni, one of Japan’s largest import and export corporations and a provider of ship services. The Japanese conglomerate will also install the Orca AI platform on its vessels, providing use-case insights that the Israeli firm can leverage […]
Registration/Licensing of Customs and Excise Clients Rule Amendments
On 30 June 2023, the South African Revenue Service (SARS) informed of the substitution of DA forms under Item 202.00 to the Customs and Excise Act, 1964 (DAR248): DA 185 – Application form: Registration/Licensing of Customs and Excise Clients www.sars.gov.za/wp-content/uploads/Legal/SecLegis/Legal-LSec-CE-RA-2023-07a-DA-185-%E2%80%93-Application-form-%E2%80%93-Registration-or-Licensing-of-Customs-and-Excise-Clients-External-Form.pdf DA 185.4A3 – Registration Client Type 4A3 – Rebate/Refund User (Schedule No’s 3, 4 and […]
Repeated blasts in oil tanker kill 4 crews, injures 13 including policemen in Bangladesh
The bodies of four crew members were recovered and over 13 people including nine policemen admitted to the hospitals with burnt injuries after repeated blasts in an oil tanker that was carrying oil for the state-run Padma Oil. The first fire and blast occurred in the oil tanker namely ‘Sagar Nandini-2’ on 1 July, when […]
Refunds or Drawbacks of Duties upon Export of Imported Fuel – Comment due
On 30 June 2023, the South African Revenue Service (SARS) extended an invitation to comment on the proposed amendments to Schedule No.5 to the Customs and Excise Act, 1964 “Refunds or Drawbacks of Duties Upon Export of Imported Fuel”, on which comment is due by 21 July 2023. The following draft amendments are proposed to […]
Record newbuilding deliveries in June
The month of June 2023 has set an all-time high for container ship newbuilding deliveries in a single month, with 277,873 TEUs hitting the water. Ships released by the yards include ONE’s 24,136 TEU ONE Innovation, Hapag-Lloyd’s 23,660 TEU Berlin Express, MSC’s 24,346 TEU MSC Mariella and 15,264 TEU MSC Taylor, Seaspan Corporation’s 15,616 TEU […]
SARS – The Disciplinarian | Freight News
The Customs & Excise Act 91 of 1964 (“the CEA”) requires self-regulation. This means that those who are licensed and/or registered with the South African Revenue Service (SARS), specifically customs, are expected to have complete knowledge of the contents of the CEA, as well as all other customs-related legislation, policies, and directives, writes Taryn Hunkin, […]
Regional Container Lines names new boxship
Regional Container Lines (RCL) expands shipping routes with the launch of a new container ship named Nattha Bhum. The new vessel is valued at more than US$27.25 million and is expected to support RCL’s plans for sustainable income generation in the future. Twinchok Tanthuwanit, president of RCL, commented that the company aims to further expand […]
Schedule reliability continues to trend upwards
Global schedule reliability has continued to improve month-on-month (m-o-m) according to the latest issue of the Global Liner Performance report published by maritime consultancy Sea-Intelligence. The report covers the period up to and including May, with an improvement of 2.7 percentage points in that month. “With this increase, schedule reliability is now up to […]
