Hong Kong Customs Officers Seize HK$2.2M Worth Of Frozen Meat

Credits: Blake Willis/ Unsplash
  • A total of 25 tonnes of meat was seized after officers saw a ship transfer bags to a speedboat.
  • The spot was about 3.6km (2.2 miles) inside Hong Kong’s maritime boundary with the mainland.
  • Six men bailed as police investigation into the incident continued.

A total of 25 tonnes (27 tons) of frozen meat worth HK$2.2 million (US$257,000) was seized and six men arrested after Hong Kong customs officers boarded a cargo ship in a nighttime anti-smuggling operation.

Custo...

https://mfame.guru/hong-kong-customs-officers-seize-hk2-2m-worth-of-frozen-meat/

Bottleneck in US Ports, Hike in Freight Rates

  • An influx of imports from Asia to the U.S. has created a bottleneck at West Coast ports.
  • As a result, backed up cargo ships have started to contribute to a worldwide shortage of containers and soaring shipping rates.
  • The volume of containers handled at the California ports of Los Angeles and Long Beach, which serve as gateways for goods from Asia, grew 45% in February.
  • The traffic jam of container ships along the West Coast is exacerbating a shortage of containers and a corresponding rise in...

https://mfame.guru/bottleneck-in-us-ports-hike-in-freight-rates/