Wait times for at Shanghai marine terminals has increased nearly 75% since the lockdowns began. Delays at the Shanghai terminal have sent ships to neighboring ports in Ningbo and Yangshan, but those ports are beginning to get congested as well. China has mandated a strict “zero COVID” policy since the onset of the global pandemic, which has led to tight lockdowns across the country whenever cases have started to spike. Recently, lockdown restrictions have been enacted in majo

Fantastic news for trade digitalization & standardization as the ICC, DCSA, BIMCO, FIATA and SWIFT launch the Future International Trade Alliance and signed a memorandum of understanding to standardise digitalisation of international trade. Together, the industry associations will collaborate on the development and adoption of relevant standards to facilitate the use of electronic bills of lading. Established to further digitalisation of container shipping technology standard

Maritime transport is an essential part of international trade—approximately 80% of global merchandise is shipped via sea. Because of its importance, commercial shipping relies on strategic trade routes to move goods efficiently. These waterways are used by thousands of vessels a year—but it’s not always smooth sailing. In fact, there are certain points along these routes that pose a risk to the whole system. Here’s a look at the world’s most vulnerable maritime bottlenecks—a

Trade in counterfeit goods represents a longstanding, and growing, worldwide socio-economic risk that threatens effective public governance, efficient business and the well-being of consumers. At the same time, it is becoming a major source of income for organised criminal groups. It also damages economic growth by undermining both business’s revenue and their incentive to innovate. Counterfeit and pirated products tend to be shipped by virtually every means of transport. In

Former Maersk executive Thomas Bagge has been chief executive and statutory director of Digital Container Shipping Association (DCSA) for nearly 18 months, in an attempt to pull the shipping industry into the 21st century. It is, he says, not an easy quest, but the first fruits of his labour are starting to show. “The container shipping industry is currently not a digitally advanced industry. We are, however, seeing a shift as many companies are thinking about how to change t

Ports are taking significant strides with digital transformation and starting to declare themselves as “smart”. Processes are digitalised, communities within the port are connected, and impressive gains in operational efficiency, regulatory compliance, and customer satisfaction are emerging, write Hanane Becha, Mikael Lind, André Simha and Francois Bottin. Smart ports, as important nodes in the global supply chain, have the opportunity to establish themselves as logistics inf

The company will be one of the first in the world to implement the technology in order to streamline the #supplychain and prevent #forgeries and delays. A step up in implementing advanced technology in ports: the Israel Ports Company, which develops and operates the Israeli Ports Community System (IPCS), has launched an innovative pilot project for transferring bills of lading, using #blockchain #technology. This new approach is expected to deliver significant savings in time

“The turning point has arrived … We are seeing that port congestion has eased and logistics start to revive,” said Xu Kai, director of the Shipping Information Research Institute at SISI. Crane operators, customs officers, tugboat pilots and other key logistics links have began to slot into place after lockdowns across the country had led to congestion. China is the largest container cargo handler – processing around 30 per cent of global traffic or around 715,000 containers

''Leveraging Data & Innovative Technologies to Comply with Trade Regulations, Mitigate Risks & Maintain Operating Margins in an Increasingly Uncertain Cross-Border Trade Environment" As part of the preparations for GTDW China Trade Development Forum, June, Shanghai we are pleased to announce the Trade Compliance Leaders Panel Discussion and welcome top international speakers; Dr Ali Salamat, Economic Adviser-Trade Economist, the Directorate of International Trade, Oceans and

Delighted to welcome two of the worlds leading experts on customs, trade facilitation, trade security & anti illcit trade to join us in Shanghai this June. Alan Bersin, Former Commissioner U.S. Customs & Border Protection, Dept Homeland Security and Lars Karlsson CEO, KGH Global Consulting & GTDW Advisory Council Member VIEW AGENDA ENGLISH | VIEW AGENDA CHINESE CONFIRMED SPEAKERS [KEYNOTE] Huang Feng, Director General, Shanghai Asia-Pacific Model E-port Network Operational C

With the recent launch of Tech neutral Track and Trace Standards for The Global Container Shipping Industry we are excited to welcome back Thomas Bagge, CEO, Digital Container Shipping Association @DCSA_org returning as a Keynote Speaker and Institutional Partner at GTDW China Trade Development Week, 16-18 June, Shanghai Pudong. Get the latest on how trade will benefit from an agnostic technology neutral approach to open standards for a common technology foundation that enabl

New article from our friends at World Economic Forum, Authored by Henrik Hvid Jensen Expanding global trade is essential to reducing poverty. Responsible, accelerated and affordable digitisation can facilitate global trade and sustainably reduce poverty. Five Logistic Internets can increase efficiencies and reduce costs for businesses and trading partners around the world. The expansion of international trade is essential to development and poverty reduction. To meet the UN’s

Jakarta - 18 February 2020 - The Indonesia Customs and Excise Department, which sits under the Ministry of Finance, today announced the use of the blockchain-enabled TradeLens platform in Indonesia. The announcement follows several months of implementation since the department first announced it was joining the TradeLens ecosystem at the end of last year. Indonesia Customs and Excise Department is the third government agency in Southeast Asia to use the platform. TradeLens is

Customs has intercepted 126 million counterfeit cigarettes since the beginning of the year, a record seizure, said the FPS Finance on Friday. These cigarettes, whose final destination is unknown, came from Southeast Asia and represent an amount of 65 million euros in import duties, excise duties and VAT evaded. Eight people have been arrested and are being questioned. On January 9, customs seized 10 million cigarettes from a warehouse in Stabroek, in the province of Antwerp.

Welcome back to the new year and a new decade for The 4th GTDW Anti Illicit Trade, Brand & IPR Protection Conference + GTDW Trade Facilitation, Compliance & Digitalisation Conference & Exhibition our biggest edition to date returns to Shanghai Pudong, China from 16-18 June, presented in English & Mandarin as part of the 19th Edition of Global Trade Development Week. Theme: Digitalization, Standardization & Interoperability of Technologies. 800 International delegates, 80 Spea

Jordan Customs department to launch electronic platform for international trade Experimental electronic information platform known as the “TradeLens” system to facilitate international trade. The Jordan Customs Department (JCD) on Monday signed a Memorandum of Understanding with Maersk GTD at the JCD building to launch an experimental electronic information platform known as the “TradeLens” system to facilitate international trade. It is based on “Blockchain” technology, whic

Shanghai gets green light to set up duty-free customs area to facilitate direct global trade, in a move that bypasses Hong Kong! A fenced customs area will be established at Shanghai’s Yangshan Deep Sea Port and at the Lingang free-trade zone (FTZ) Cargo inside the area will be exempted from import duties, according to the November 4 circular by the The General Administration of Customs China’s government has given the green light to set up a duty-free zone at Shanghai’s port

Blockchain is a system of recording transactions that could replace 'trust intermediaries' including banks Businesses are starting to use blockchain to track and trace goods - but can the technology be trusted? The World Economic Forum, Hitachi, and other public and private supply chain actors, have published a Framework for Blockchain Cybersecurity In 2017, hundreds of companies fell victim to a ransomware attack called NotPetya. Maersk and FedEx saw their global operations

A great article that underlines the significance of GTDW China Trade Development Week Program as the crucial meeting between east and west for governments, trade agencies & multilaterals, multimodal supply chain & logistics, ports + anti illicit trade, brand & IPR protection to create safe, smart and secure cross border trade through technologies. Globalization owes a lot to the humble shipping container. In the distant past, loading a ship was a complicated affair involving

Congratulations to GTDW Advisory Council Member Richard Morton, Secretary General & Hans Rook, Chairman, IPCSA for extending membership to include LOGINK China. LOGINK, the national public information platform for transportation and logistics of the People’s Republic of China, has formally joined the International Port Community Systems Association (IPCSA). IPCSA and LOGINK (National Logistics Information Platform) already had a close relationship – since 2017, the two org