The Bureau of Industry and Security (BIS) has issued a final rule, effective June 8, that amends the Export Administration Regulations (EAR) to reflect the United Arab Emirates’ (UAE) formal termination of its participation in the Arab League Boycott of Israel. Under this rule, certain “requests for information, action or agreement from the UAE” will…
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What started as a small COVID-19 outbreak in Yantian port is now having a crippling effect on all Southern China ports. There are more than 40 containerships at anchor outside Yantian and more than 60 void sailings announced for the rest June. Nearby, Nansha and Shekou ports are suffering under burgeoning container flow, as regular…
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The impact of terminal slowdowns at YICT terminal, in Yantian, has caused a ripple effect that is paralyzing the region’s ports. Quarantine restriction has caused labor to be in short supply. This has limited the number of active berths to only five of what would normally be 16 vessels working at any given time. There…
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As an organization with worldwide reach, we are honored to work with a diverse group of people. Our lives are enriched when we take the time to learn and listen from other cultures, which is why we are so proud to share stories from our Mohawk Global family about where they have come from. In…
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UPDATE: 5/27/21—YICT terminal in Yantian is extending its closed gate for outbound cargo to May 30, 23:59. Retrieval of inbound containers and empty pick up are not impacted. Laden acceptance will only allow shipments with vessel whose ETA is within four days. The implementation period for this new parameter is from May 28 to June…
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With eleven straight months of volume growth behind us, and no immediate end of sustained consumer demand in sight, ocean carriers and marine terminals continue to choke on the sea of import containers coming into U.S. ports. The COVID-19 virus caused intermittent labor shortages, by impacting drivers and longshoremen, and severely disrupted terminal efficiency and…
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The European Union (EU) has announced that it will not increase its retaliatory tariffs for Section 232 tariffs—which adds a 25 percent tariff on steel and 10 percent on aluminum imports. Items on the EU retaliation list include whiskey, bourbon, orange juice, cigarettes, steel, motorcycles, yachts, and more. The retaliation was set to double the…
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As COVID-19 cases increase in India, several state governments have ordered lockdowns or curfews. These restrictions could continue until end of the month. The following are major updates we are seeing regarding the impact on commerce. Manufacturing—Manufacturing in India has come to a near standstill. Airports—More and more countries are restricting passenger travels to and…
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Trans-Atlantic carriers have announced a General Rate Increase (GRI) effective June 1, 2021. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase—Trans-Atlantic Westbound Applies to all U.S. and Canadian portsEffective June 1, 2021 Equip.USD20…
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Trans-Pacific carriers have announced a General Rate Increase (GRI) effective June 1, 2021. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian portsEffective June 1, 2021 Equip.USD20 ft$90040…
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