US tariff increases on China EV’s have wider ramifications
Only 2% of US electric vehicle (EV) imports come from China and while economists ponder how effective President Biden’s new 100% tariff will be in protecting US markets, it is likely that EV flows will be redirected to Europe by manufacturers eager to exploit profitable markets.
On the 14th ...
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Summer 2024; France supply chain alert
This summer, a number of large-scale sporting events are likely to create some supply chain disruption, with the Olympic and Paralympic Games taking place in Paris between the 26th of July to the 11th of August, and the 28th of August to the 8th of September.
The Paris 2024 Olympic Games, whic...
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Red Sea diversions create Western Mediterranean port congestion
The mass diversion of container ships away from the Red Sea since December has raised fears of congestion across west Mediterranean container ports, as carriers from Asia drop boxes destined for the eastern Mediterranean.
Instead of entering the Mediterranean Sea dead end, created by the effec...
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Importers concerned at cost of Brexit trade checks
Delayed five times by the UK government, post-Brexit physical border checks of animal products, plants and plant products through the Port of Dover and Eurotunnel were finally implemented on the 30th April 2024. However, importers of affected products express concern about additional costs.
Th...
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UK and EU customs border changes
ICS2 advance filings will be used by EU customs to identify high-risk shipments from the 3rd June, while post-Brexit import charges which come into effect on the 30th April have raised fears of UK food price inflation.
The UK Common User Charge (CUC)
The CUC will apply to each commodity line ...
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The Carbon Border Adjustment Mechanism
There are 195 signatories to the Paris Agreement to limit their greenhouse gas (GHG) emissions, though some including the EU and UK have undertaken to cut carbon emissions faster than others.
The EU’s Emissions Trading System (ETS) continuously expands to include new sectors to encourage ind...
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China dumping fears growing
The United States is voicing increasing concerns that Chinese manufacturing overcapacity will hit world markets, while the EU launched an anti-dumping investigation into China’s EV industry last year.
Senior US Treasury officials told the Financial Times this week that a visiting US delega...
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Supply chain; a year in review
2023 was supposed to be the year that global supply chains bounced back from pandemic lockdowns and factory shutdowns, trade wars, tariffs and war in Europe, but now container shipping is disrupted by attacks in the Red Sea and restrictions on the Panama Canal.
The COVID pandemic and its after...
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EU road toll increases start in Germany
Increases in HGV road toll charges in Germany, which includes an additional CO2 emissions tax of €200 per tonne began on the 1st December 2023 and for vehicle combinations with a gross vehicle weight of up to 40 tons, prices will increase by almost 86% – giving 35.4 cents per kilometre.
Th...
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EU-ETS surcharge latest
From the 1st January 2024 the market-based mechanism to tackle greenhouse gas emissions within the European Union known as the EU Emissions Trading System (ETS) will be extended to shipping, triggering new emission linked surcharges.
EU ETS sets an annual absolute limit on greenhouse gas (GHG)...
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EU Emissions Trading Scheme surcharge
The EU’s Emissions Trading Scheme (EU ETS) extends to container shipping from the 1st January 2024, with significant legal, commercial and financial consequences for carriers and a new surcharges for shippers.
Under the EU ETS carriers will purchase a capped number of permits, known as ...
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EC to end container shipping alliances
On the 9th August 2022, the European Commission (EC) issued a call for feedback on the Consortia Block Exemption Regulation (CBER) and on Tuesday announced that it will not renew the sector’s exemption to operating shipping alliances when current legislation expires on 25th April.
The Cons...
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