A ship is said to be ‘flying a flag of convenience’ when the flag on the stern of the ship, representing the country of the Port of Registration, is not the home country of the company which owns the ship. This practice is also known as an ‘open register’, and enables ship owners to choose a ship registration regime which may have less prescreptive maritime regulations and lower taxes.
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Increase in import tariffs will hurt SA, says Brazilian poultry association
An association which represents Brazilian poultry exporters has warned of the consequences for South African consumers and the broader economy if an new application for an increase of import tariffs on frozen chicken portions is granted. South Africa’s poultry sector ...Read More
Kenya to reduce second hand car imports
The Kenyan government plans to lower the age limit for second hand car imports from eight to five years. They intend to switch to a five-year import limit in one smooth operation from July 1 2019. However commentators have said ...Read More
Tags: imports
China exports and imports below forecast
For the first time in more than two years, China's exports and imports both fell in December compared with the previous year. This reflects the drop in trade with the U.S., as well as reduced domestic consumption. This was notable ...Read More
Freight forwarder ‘not liable’ for shipping fakes
Two luxury brands have failed in their attempt to make a freight forwarder liable for trans-shipping fake products in two 40-ft containers from China to Batam through Singapore. In an important ruling for the freight forwarding industry, the Court of ...Read More
Tags: containers, freight, freight forwarders, Freight Shipping
