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Sea cargo manifest and transhipment regulations to apply in India

The Indian Customs’ new Sea Cargo Manifest and Transhipment Regulations (SCMTR) will be implemented on 16 February 2020. The new regulation will bring changes in timelines and requirements for advance notice by vessels arriving in India and exports through ships out of India.

After six years, U.S. trade deficit falls in 2019

According to the U.S. Commerce Department, for the first time after almost six years the overall U.S. trade deficit narrowed during 2019. Namely, regions’ imports were fallen faster than the exports in the middle of protracted trade tensions.

LNG exports from US increased over the week

Data from the Energy Information Administration (EIA) recently showed that exports of liquefied natural gas coming from the United States’ facilities ,marked an increase over the week ending January 29.

U.S. weekly LNG exports increase

The Energy Information Administration (EIA) informs that U.S. liquefied natural gas (LNG) exports increase week over week for the week ending Wednesday, January 22.

Port of LA just now on pace with 2018 record year

After 11 months of 2019, total volumes have increased .4% in the Port of Los Angeles- America’s premier port- compared to its record-braking 2018. In a statement, it is said that the Port moved 728,918 Twenty-Foot Equivalent Units (TEUs) in November, a 12.4% decrease compared to last year.

Port of Riga and Corrientes signed agreement to enhance ports’ facilities

A Protocol of Agreement was inked several days ago between Freeport of Riga and province of Corrientes, in order to boost and expand both of the ports’ facilities. Through this agreement, the two sides aim to find ways to develop their bilateral trade and to enhance Argentinian produce exports via the Port of Riga.

Port of Hamburg marks 6.9% growth in container volume

The Port of Hamburg handled 7 million TEUs on container services since the begging of the year, marking a 6.9% increase in its volume. As the German port announced, a big part of its growth was down to the four new transatlantic services and four new Baltic feeder services.

Indonesia commences nickel ore exports for limited number of exporters

Following the recent developments that a ban on nickel ore exports from Indonesia would commence on the 1st of January 2020, Indonesian authorities gave the green light to a specific number of nickel ore exporters to trade, after ensuring that they were in compliance with the country’s export rules to resume nickel ore shipments.


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