Regulation & Policy
Japan’s government has drawn up the drafts of guidelines and revised ministry ordinances, which contain penalties and variation between the verified gross mass and actual weight of a container, for the smooth implementation of the International Maritime Organization's looming Safety of Life at Sea, or SOLAS, container weight rules.
Indonesia is expected to continue to disallow majority foreign ownership of its ports when it releases a revised version of its list of limits on foreign participation in the economy due to be issued in the coming week.
U.S. Customs and Border Protection will extend deadlines for certain criteria that will be required after the rollout of its “single window” initiative on Feb. 28, according to the brokers, forwarders, importers and exporters who say they simply won’t be ready to meet those requirements by the end of the month.
Saying it will be impossible to implement the SOLAS container weight rule by July 1 without severely disrupting trade, U.S. exporters are calling on the Coast Guard to delay the rule until it can be amended and determined that they won’t face a competitive disadvantage against foreign exporters.
Ukraine is slashing tariffs on container cargo transportation by 60 percent in an effort to attract more volume from China to the European Union, according PJSC Ukrzaliznytsia, Ukraine, the country’s largest railroad.
The Indian federal government on Wednesday approved a proposal allowing the Ministry of Railways to set up joint ventures with various state government agencies for the development of rail infrastructure projects in the country.
In its third white paper defending what has become an increasingly hostile bid for Norfolk Southern Railway, Canadian Pacific Railway detailed its confidence that a tie-up would pass muster with U.S. rail regulators.
In an attempt to ease congestion at terminal gates and reduce wait times for drayage, customs authorities at Jawaharlal Nehru Port Trust, India’s biggest, public, container gateway, have done away with the procedure requiring truckers to present gate-in permits issued electronically in hard copy form.
The SOLAS requirement that all packed containers must have a verified gross mass (VGM) before being loaded from July 1 sounds reasonable and straight forward, but parties within the export supply chain of a container are finding that compliance will depend on a sharp revamp of their internal processes.
U.S. lawmakers are looking into a new way to streamline how the federal government appropriates funds for port development projects, yoking together authorization and appropriation.