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.
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.
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.
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.
With Westbound Transatlantic box volumes marking an increase of 5.4% in the first six months of 2019, its box volumes continue to rise even the growing headwinds.
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.
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.
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.
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.
As a livestock carrier will be sailing from South Africa, local media investigated the nation’s live export trade with Kuwait, noting that there is the possibility for a difficult journey for the 65,000 sheep that are being prepared to sail.
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