News Archive 2009

China Sees Upturn in Economy
The Hong Kong shippers Council suggests that “there has been a substantial improvement in export demand” and this has led to the ocean carriers operating the Far East Trade lanes to introduce an Emergency BAF and from 15th August will implement a Peak Season surcharge. This is on top of the already increasing freight rates.
07/08/09

Economic Operator Registration and Identification (EORI)
Following an EU legislation change, a new trader identification system is being introduced through out the EU on 1st July 2009 called the “Economic Operator Registration and Identification (EORI). This will affect economic operators involved with import, export or transit of 3rd country goods.

The EORI number will be used by an economic operator in communications with any EU Customs authority whwn an identifier is required, for example Customs declarations.

As a result the current TURN (Trader Unique Reference Number) system in the UK will be replaced by EORI. In most cases it will be the same as your current TURN (VAT Number + 3 digits (usually 000)) and your business will be unaffected. You may continue to use your current TURN on Customs declarations up to midnight 30th June 2009 and you may commence using your EORI number any time after the 1st April 2009 prior to full implementation of EORI on 1st July 2009.

For further information about EORI please visit HMRC website www.hmrc.gov.uk, follow the links for the red box Businesses & corporations>imports & exports> International Trade Developments>EORI
02/03/09

Globex Freight Management announces the introduction of their new ‘joint’ LCL / groupage service to Malta and Libya
Working closely with the current agents on Malta and their newly appointed agents in Libya, we are now able to compliment our already existing FCL service with a weekly departure for groupage cargo’s to Libya and Malta. Please contact us for rates and service details.
02/03/09

News Archive 2008

FEFC to disband on 30th September 2008
On 30th September 2008 the Far East Freight Conference will disband which means there will be no regulatory body setting CAF/BAF surcharges and UK handling charges. From 1st October the competition will open up leaving the carriers and/or their agents to charge their own level of charges. This will mean for sure that the current UK handling charge from the Far East (£69.00) is very likely to increase dramatically. Some carriers are already suggesting THC of £130 per container. The October BAF & CAF is likely to differ also, depending on carrier. Not withstanding, Ocean Freight rates are likely to see a change in the current pricing levels.
23/09/08

Globex takes on additional staff
Due to company growth and expansion, from 1st October Globex Freight Management are introducing new staff members to assist with the day to day running of their operations. Additional phone lines have now been added and DDI’s will be issued in the near future.
23/09/08

News Archive 2007


UK Port Congestion Surcharge
It has been announced by the trade locally that ALL ocean carriers and carriers agents will be applying a “UK PORT CONGESTION SURCHARGE OF US$145 PER TEU (Twenty foot equivalent Unit) and this becomes effective from all “on board” bills of lading dated 01/12/07 and will continue in force until further notice. 05/11/07

NOTICE OF INCREASE ON FAR EAST TRADE LANES FROM 01/10/07
The FEFC has announced a ‘Restoration notice’ on all trades from the far east. As part of the 4th quarter business plan, importers are advised of the following rate restoration programme:-

Cargo from Asia (including Japan) to North Europe a rate increase of US$200 per TEU to be implemented to the trade lanes from 1st October 2007 through to 31st December 2007. A rate increase of US$ 350 per TEU will be implemented on REEFER containers for the same period.

ALSO

All 40’ High cube containers will be subject to an increase of US$300 per unit above the rate restoration increase. The Peak Season Surcharge which came in to force on 1st August 2007 will remain in place until 17th February 2008.
12/09/07

Likely “rate restoration” on the Far East Trade
IThe FEFC have announced that from 1st July 2007 there is likely to be a “rate restoration” on the Far East trade of US$300 per TEU PLUS a EWS (Eastbound Weight Surcharge) on 20’ containers over 14000 kgs on 20’ containers from China.19/06/07

Port Infrastrcuture Charge
In a letter received to day from Hutchison Ports UK Ltd (operators of the Port of Felixstowe) the levy to partially fund the infrastructure leading into the port will be passed to the consumer effective from vessels arriving on or after Monday 2nd April 2007 at a rate of £5.50 per container.
08/03/07

"PORT OF FELIXSTOWE EXPANSION"
The Port of Felixstowe has been granted consent to reconfigure the southern terminals and upon completion increase container capacity by approximately 50%. Construction will not be started until a legally binding commitment by the port to fund external road and rail upgrades. These costs have previously been funded by the Government but a change in Government policy in 2004 means that external infrastructure costs are now levied on the industry.
The port proposes charging £5.50 per container from 2nd April 2007 until the end of 2008 and the time scale for recovery and cost per container beyond 2009 will be determined over the next 12 months.
31/01/07


News Archive 2006

India Sub service
Globex are pleased to announce that it has commenced regular servics to Indian Sub continent, inluding Pakistan, India and Sri Lanka. The new service is in additon to the Far East service, Malta service, European and Canadian services.
12/11/06

Peak Season surcharge to continue
The FEFC has announced that the PSS is likely to remain in forcen untill at least the end of December at a rate of US$90 per TEU
12/11/06

Peak Season Surcharge
The peak season surcharge, levied on freight from the far east will stay in force untill 15th November 2006.
29/11/06

Port of Felixstowe intoduces new 2006 tariff from july 1st 2006
From 1st July 2006, DEFRA, Port Health CAP, Forestry will increase to £75 per container and X-Ray scanning charges will increase to £42 per container.
15/05/06

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