The U.S. government has set a June 18 deadline for requests to extend duty-free treatment under the Generalized System of Preferences to additional products, according to an e-mail from trade law firm Sandler, Travis & Rosenberg. GSP offers companies an opportunity to lower their costs for manufacturing inputs and other goods, a particularly attractiv...
The Camuto Group, a designer and distributor of women's footwear, has linked up with logistics and trade software developer LOG-NET to provide supply chain software, the companies said Tuesday. LOG-NET will handle several functions including supplier integration, the receiving of electronic ocean status and event updates as well as sending outbound ad...
The U.S. Department of Agriculture's Animal and Plant Health Inspection Service has appointed Christine Zakarka to deputy administrator of policy and program development. In this role, she will be responsible for overall planning and direction on policies, programs and activities at APHIS. Zakarka will also oversee the agency's budget, regulation deve...
WaveLab, a Reston, Va.-based firm, was sentenced to one year of supervised probation and a $15,000 fine, together with $85,000 forfeiture previously ordered, for the illegal export of electronic components to China. WaveLab admitted in its plea agreement that it knowingly and willfully?exported hundreds of power amplifiers that could be used in satell...
THE European Commission has cleared the proposed acquisition by A.P. Møller-Mærsk (APMM) of a 30% share in Eurogate Container Terminal Wilhelmshaven and Eurogate Container Terminal Wilhelmshaven Beteiligungsgesellschaft, together the JadeWeserPort Container Terminal operating companies. The companies are currently solely controlled by Eurogate GmbH Th...
Odfjell has entered into an agreement to sell the parcel tanker M/T Bow Bahia (5,870 dwt/built 1996). The sale is part of a two-ship sale, which also included the sistership M/T Multitank Bolognia, owned by our partner Ahrenkiel. Expected time of delivery to the new owners is August/September and the sale of the M/T Bow Bahia gives Odfjell a gain of about...
The US insurance rating organisation has once more underlined the mutual insurer TT Club’s financial strength and issuer credit by maintaining both these ratings at A- (Excellent)ю In addition to re-affirming the current A- (Excellent) rating AM Best has set the outlook for TT Club as ‘stable’. According to the rating organisation combined ratios be...
CHINA Merchants Group vice president Hu Zheng divulged at a recent Chongqing global sourcing fair that his company would now shift focus on third party logistics with a view of developing its location as a hub for the east-west services. Mr Hu disclosed that the group is to make heavier investments on Chongqing and expressed interest to set its foot ...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi