We wish to advise our customers to be aware and plan for the up and coming Chinese New Year celebration. The official celebration period is: January 27 – February 02 Traditionally festivities start much earlier than Chinese New Year’s Eve. Some people start to celebrate up to three weeks before so we are expecting disruptions Continue reading “Chinese New Year – 2017”
Posts Categorized: China
Southbound ex Asia – Rate Restoration
A number of shipping lines have sent out notices, advising that there will be a Rate Restoration from 1st of September, for both dry and refrigerated cargoes in the base ocean freight for cargoes from Asia to ports in New Zealand. Increases are likely to be US$250/20′ and US$500/40′. Please contact us to discuss further Continue reading “Southbound ex Asia – Rate Restoration”
G20 Summit Impact
Effecting Shanghai and Ningbo Main ports – factory closures from 24th August to 6th September. Key measures taken by local governments to improve air quality and security, before and during the G20 Summit, consequently shipping schedules will be affected, for more information please contact us.. Continue reading “G20 Summit Impact”
New Direct Service from North Asia to New Zealand
With immediate effect all cargo shipped with MAERSK from Japan, Korea, China, Hong Kong and Taiwan to Auckland, Tauranga, Lyttelton will be shipped on a NEW DIRECT service – as a result transit times via Maersk will decrease significantly on these trade routes. If you want more information please do not hesitate to contact us. Continue reading “New Direct Service from North Asia to New Zealand”
Asia to New Zealand – Rate Restoration
After a long period of relatively low freight rates on the Asia to New Zealand trade, shipping company Hamburg Sud as announced they will implement a Rate Restoration, with effect 7th January 2016 : USD 350 per 20ft container USD 700 per 40ft container The Rate Restoration is applicable for all shipments with Bill of Continue reading “Asia to New Zealand – Rate Restoration”
Rates Decline ex ASIA
FCL rates are on the decline, mainly ex CHINA, but also spreading to South Asia. It started when some of the ssLines with longer transits were offering rates under the “market rate” from some China load ports. Maersk retaliated by reducing some of their China origins on their Tanjug Pelepas service ( slow transit option). Continue reading “Rates Decline ex ASIA”
Asia Import Customers – Rate Increases
Nearly all the Shipping Lines have now sent broadcasts to the market advising that their current ocean freight rates are not sustainable. They are all looking to rectify this situation with planned market rate increases several times this year. This increase ranges across all of Asia, both South East and North Asia, along with the Continue reading “Asia Import Customers – Rate Increases”
China Value Added Tax ( VAT )
China VAT Changes – effective 1st August 2013 Please be advised of the ” Notice on Carrying out the Pilot Practice of Levying Value Added Tax in lieu of Business Tax on the Transportation Industry and Some Modern Service Industries in China”. ( Circular Caishui [2013] 37) – issued by the China’s Ministry of Finance Continue reading “China Value Added Tax ( VAT )”
North Asia GRI announcement
All the major shipping lines servicing North and South East Asia have already sent out notices advising that there will be a GRI effective 1st October. In most cases these increases amount to : USD 300 / 20’fcl USD 600 / 40’fcl We will keep updating news as we receive information from the ssLines cialis Continue reading “North Asia GRI announcement”
NZ – CHINA FTA
If you are sending shipments to China and claiming NZ-China FTA preference, it is very important that the the shipments are moved on airlines flying DIRECT to China. Chinese Customs are being very difficult if shipments are moved via 3rd countries ( ie SQ via SIN, TG via BKK, KE via ICN etc) and in Continue reading “NZ – CHINA FTA”