Booking Cancellation Fee / Premium Rates / IPI Service at Risk
As you are aware, steamship lines are currently charging premiums on top of the normal ocean rate to increase the chances that a full container (FCL) booking request will be accepted, and space be allocated to overseas shippers. C J has received news from our overseas agents, primarily those located in China and other Asian ports, that steamship lines will begin assessing fees if bookings are made but suppliers are not able to meet the timeline [...]Read More
Marine Cargo Insurance? – Consider the Ever Given General Average Declaration
The entire world recently watched closely as rescue crews worked to free the Evergreen Marine container ship vessel Ever Given from the banks of the Suez Canal. Blocking all traffic in one of the world’s key waterways for a week has added more stress to global supply chains that were already severely strained. One aspect of this incident that global importers and exporters should consider is the maritime law of General Average. General Aver [...]Read More
CBP Enforcement of Forced Labor – Withhold Release Orders
Merchandise produced or manufactured in a foreign country using forced labor, including indentured labor and forced child labor is banned from importation into the United States. Section 307 of the Tariff Act of 1930 prohibits entry of these goods.
In 2018 CBP established a Forced Labor Division to lead the enforcement of the prohibition on the imports made with forced labor. Shortly thereafter, they began issuing Withhold Release Orders [...]