Hanjin’s receivership represents the greed of the container shipping market, and despite continuing concerns of weak trade growth and fleet oversupply, a gradual market recovery is now expected, according to the latest annual Container Forecaster and Review 2016/17 report published by global shipping consultancy Dre ...
You might soon have to pay GST on all the goods you buy online, not just purchases of digital goods including music, software and films and TV shows.
The government is looking at Amazon and – this is in Australia, anyway – this is actually been called the Amazon tax. They’ve said that they are going to look at a way of collecting ta ...
The online shopper is questioning what happens to the GST and customs duty, charged on purchases from overseas when goods are returned. Barb bought two items of clothing from the US, she understood she had to pay the GST and customs duty, fair enough, but wasn’t so pleased to learn that when the items didn’ ...
When I looked in March at the work that had been released by the Port Future Study’s Consensus Working Group (CWG), identifying a long list of areas being considered as options to meet Auckland’s future demand for a port, I had major reservations about some of the options being considered – particularly Muriwai, the Kaipara Harbour, Mahurangi (south east of Walkworth), and Whakatane.
In a week when one of the world’s top ten container lines went bankrupt, the business performance of shipping and ports has come firmly under the spotlight, not just globally but in NZ too.
We are fortunate in that South Korea’s Hanjin Shipping, which has filed for court receivership after losing the support of its banks, is not a big player here. Hanjin made a short — and ...
Reports are emerging of some carriers and other supply chain service providers imposing “exorbitant and unjustified charges” in particularly Asia and Africa following the July 1 enactment of the new verified gross mass (VGM) regulations for packed containers.
Contrastingly, New Zealand Shippers& ...
New Zealand exporters seeking financial protection against the non-payment by a customer could find themselves eligible for trade insurance from the New Zealand Export Credit Office (NZECO).
As advised earlier and as constantly reported in industry press the new Mandatory Cargo Weighing Laws become effective around the globe on 1st July this year.
This law is referred to as V.G ...
The freight forwarding charges debate here in New Zealand, as discussed in the past, has probably come to a head with the statement by the Commerce Commission that “it is not the commission’s role to enforce “-->
Importers were warned this week by the Ministry of Primary Industries to a situation that has arisen for one of the importers, the outcome of which may need to be considered by others.
“This customer had some particular frustrations around bicycle parts and accessories and th ...
