bradskelton.com theshippingbloke.com

Tuesday, 21 January 2020

What documents are required for customs clearance?

Customs clearance of cargo is required for imports and exports.

To facilitate cargo customs clearance here are the primary documents that you require to prepare an import declaration or an export declaration.

For exported cargo:

  • The vessel name, voyage number for sea freight cargo and the flight number and departure date for air freight cargo
  • The Export Invoice for the goods
For imported cargo:
  • Bill of Lading for sea freight cargo or an Airwaybill for air freight cargo. These are issued by the carrier document showing details of the cargo and the ship or aircraft that is transporting it.
  • Suppliers Commercial Invoice to evidence the price paid for the goods and there value for import duty and GST calculation
  • If your cargo is being imported from a country where a free trade agreement exists then a Certificate of Origin needs to be provided by your supplier so that duty free concessions can be claimed. If this document is not available or your goods originate from a country where no free trade agreement exists then import duty might be payable
  • Marine Insurance Certificate if your cargo is insured
  • Packing List
  • For Quarantine Clearance of goods that might be used or of plant or animal origin to avoid treatment and inspections on arrival various treatment certificates and declarations. These include a Packing Declaration, Fumigation Certificate, Heat Treatment certificate or Biosecurity Import Permit
  • If you are a commercial importer then we need your Business Number/Registration or if this shipment is a personal importation then photographic identification would be required
This is a generalised, non-exhaustive shipping documents guide and you should contact my team at Depth Logistics or I for more specific advice about the goods you are importing or exporting to be sure you have everything you need for smooth customs clearance and delivery.

All for now,

Brad Skelton

Monday, 13 January 2020

Marine Insurance & Freight Rates Rise with Middle East Tensions

While tensions between the US and Iran have lessened in recent days the events in the Middle East have made their mark in the insurance industry in particular.

Ships are navigating longer routes to avoid dangerous areas, Ships’ crew wages will rise owing to the heightened risks of attacks to Vessels in the Strait of Hormuz, adding costs to end consumers for commodities transported globally, hampering trade.

The recent tensions are leading to insurers and reinsurers imposing new conditions in policies, significantly increasing the costs of insurance. Industry experts forecast significant increases of about 10% over the coming months.

Similarly as ships need to steam further the owners will need to recover their operating costs in this region of the world.

The attacks on two Saudi Arabian tankers, a Norwegian and a UAE flagged vessel have led to the Joint War Committee, made up of representatives from the Lloyd’s and company markets, adding the Gulf to its list of high-risk waters.

Navy vessels of various nations are now escorting merchant ships through high risk waters to reduce the risks to shipping as part of Combined Military Force. Australia has deployed HMAS Toowoomba, a frigate, to region as part of this effort.



Other participating nations include Canada, Denmark, France, Germany, Italy, Republic of Korea, Netherlands, New Zealand, Pakistan, Portugal, Singapore, Spain, Turkey, the United Kingdom and the United States

If you would like any advice on your situation on shipping through this region please contact me.

All for now,

Brad Skelton