Tariff

Op-Ed: Industry thoughts on tariffs come to light

Over the last couple of days, Stamatis Tsantanis, chariman and CEO of global shipping company Seanergy Maritime and United Maritime, and Cary S. Davis, president and CEO of the American Association of Port Authorities (AAPA) have released official statements on the Trump administration’s recent tariffs.

In all, Seanergy Maritime and United Maritime have 25 ships in the ocean around the world with more than 4 million in dwt.

Tsantanis had the following to say:

“Tariffs are generally a...

https://www.marinelog.com/news/op-ed-industry-thoughts-on-tariffs-come-to-light/

How China skirts tariffs into the US

In Maersk’s press release last week about a new warehousing facility in Tijuana, Mexico, one line stood out. It was sandwiched between a list of value-added services offered and a paragraph about the facility’s sustainable energy practices and certifications.

“Alternatively, it could operate [fulfillment or e-fulfillment] operations into the United States, leveraging the Section 321 Shipment Type** for e-commerce shipments.”

Under U.S. Customs and Border Protection rules, a Section 321 shipment...

https://www.freightwaves.com/news/how-china-skirts-tariffs-into-the-us

Is RCEP The New TPP?

  • The new RECP deal signed expected to eliminate a range of tariffs on imports within 20 years.
  • Members make up nearly a third of the world’s population and 29% of global gross domestic product.
  • India pulled out last year from RECP, over concerns of lower tariffs to hurt local producers.

RCEP is expected to eliminate a range of tariffs on imports within 20 years writes Tim McDonald for an article published in BBC News.

The new free trade zone will be bigger than both the US-Mexico-Canada...

https://mfame.guru/is-rcep-the-new-tpp/

Shipping Australia responds to Port of Melbourne tariff rebalancing proposal

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Shipping Australia has previously expressed concern the the Port of Melbourne could not accommodate the larger vessels that need to use the port now. 

We congratulated the Port last year when their hydrodynamic studies and simulations led to their ability to take Bosphorusmax ships up the Yarra to Swanson Dock.

But large ships are already waiting for up to 48 hours to enter the port due to lack of suitable berths. The situation is only going to get worse if further improvements are not made...

https://shippingaustralia.com.au/shipping-australia-responds-to-port-of-melbourne-tariff-rebalancing-proposal/

Turkey Updates Marine Pollution Fines for 2020

Environmental pollution caused by oil spill from the ship.

Pursuant to Article 20 of the Turkish Environmental Code no. 2872, fines are imposed on vessels for causing pollution in Turkish waters through discharge of petroleum products, dirty ballast, garbage and sewage into the sea, reports North.

The tariff below contains the updated rates for the year 2020 that are applicable as of 1 January 2020.

1.Petrol and petroleum products discharged by tankers:
Up to 1,000 (inclusive) gross tons (GT)TRY...

http://mfame.guru/turkey-updates-marine-pollution-fines-for-2020/

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