China merchants group is in talks to invest in the port assets of c&d ships in France
BeijingtimeonSeptember2,accordingtosourcesfamiliarwiththesituation,ChinamerchantsgroupisintalkstoinvestintheportassetsofFrenchshippingcompanyCMACGM. Chinamerchantsisconsideringpayingatleasthundredsofmillionsofdollarsforthepotentialdeals,sourcessaid.Peoplefamiliarwiththematterspokeontheconditionofanonymitybecausetheinformationhasnotbeenmadepublic.Accordingtopeoplefamiliarwiththematter,thegroupmaychoosetodothedealthroughitshongkong-listedChinamerchantsport.ArepresentativeforChinamerchantsaskedbloombergnewstoseekaresponsefromChinamerchantsports,whichdeclinedtocomment.RepresentativesforCMACGMdeclinedtocomment. Talksarestillongoingandthereisnoguaranteeofadeal,peoplefamiliarwiththemattersaid. AnydivestmentwouldhelpCevareduceitsdebtafteritboughtSwitzerland'sCevaLogisticsAGfor$1.7billion.In2013,Chinamerchantsacquireda49percentstakeinTerminalLink,whichoperatesabout13containerterminalsincountriesincludingtheus,France,Greece,MoroccoandSouthKorea,forabout€400m.CMACGMisthelargestcontainershippinggroupinFranceandthefourthlargestintheworld.Itsmainbusinessiscontainershipping.Meanwhile,ithasinvestedintheshippingterminalsofsomeoftheworld'smajorports. Chinamerchantsportsdevelops,investsandoperatesportsinmainlandChina,HongKongandTaiwan.ThecompanyalsooperatesinSouthAsia,Africa,theMediterraneanandSouthAmerica.Ithasabout36portsin18countriesandregions.Itsparentcompany,Chinamerchantsgroup,wasfoundedin1872,anditsbusinesscoversmanyfieldssuchastransportation,financeandrealestate.
Three shipping companies from Hong Kong and Taiwan have been sanctioned by the us.
TheUnitedStatesannouncedsanctionsagainsttwoTaiwanese,twoTaiwaneseshippingcompaniesandoneHongKongshippingcompanyforallegedlyhelpingnorthKoreaconduct"illegalship-to-shiptransshipment"(STS). TheU.S.TreasuryDepartmentofficeofforeignassetscontrol(OFAC)localtimeonAugust30,fromtheofficialwebsiteannouncedthesanctionslist,includingtheTaiwaneseHuangWangroot(HuangWangKen)andmei-hsiangChen(ChenMeiHsiang),andShippingcompaniesinTaiwanrednationsShipping(JuiPangShipping),shuirongShipManagement(JuiZongShipManagement)andtheHongKongShippingCompanyruiChengShipping(JuiChengShippingCompany). ThesanctionswereimposedonthegroundsthattheindividualsandbusinessentitiesweresuspectedofhelpingnorthKoreaevadeUnitedNationssanctionsrestrictingtheimportofoilproductsbyillegallytransferringoilproducts.TheU.S.TreasuryDepartmenthasplaceditonitstier2sanctionslist. TheTreasuryDepartment'sofficeofforeignassetscontrolisunderstoodtohavefrozentheassetsofthethreecompanies. Accordingtoforeignmediareports,thecompanieswereinvolvedin"atleastoneormoreACTSofimportingorexportinggoods,servicesortechnologiestotheDPRK". AlsosanctionedarehuangwangenandChenmeixiang,acouplefromTaiwan,andthePanamanianoilshipshangyuanbao,whichwaslinkedtothem. TheusTreasuryDepartmentsaidthatin2018,huangwangenandChenmeixiangusedtheshangyuanbaotomakeatleasttwotransshipmentswithnorthKorea.BetweenAprilandmayofthesameyear,huangwangenandotherstransported1.77millionlitersofoiltothehighseasbymeansofshangyuanbao,falselyclaimingthattheoilwouldbeshippedtothePhilippines.Infact,itwasanillegaltradewithPAEKMA,anorthKoreanshiplistedontheUNsecuritycouncil'ssanctionslist. U.S.TreasuryundersecretarySigalMandelkersaidinastatementthatcompaniesdealingwithnorthKoreaareatsignificantriskofsanctions,despiteattemptsbyshippingcompaniestocheat.TheusTreasuryDepartmentwillenforceexistingusandUNsanctionsonindividuals,businessesandshipsinvolvedinillicitdealingswithnorthKorea. Undertherules,individualsonthesanctionslisthavetheirassetsfrozenintheusandcannotconductfinancialtransactionswithuscitizens.Companiesonthesanctionslistwillalsohavetheirusassetsfrozen,andtheusislikelytobarcountriesfromdealingwithshipsbelongingtothosecompanies. Inmarch,theTreasuryDepartmentannouncedsanctionsagainsttwoforwardersfor"helpingnorthKoreawithshippingactivities."
Do you distinguish port, order, customs clearance, customs clearance?
Peoplewhogobyseawilloftenencountertheseterms:customsclearance,customsclearance,portclearance,customsclearance,customsdeclaration,customsclearance,customsclearance,thesetermslooklike"faceblind",howtodistinguishinpracticaloperation? Cutoff Itreferstothedeadlineforreceivingcustomsdeclarationandreleaseinformation.Thegoodsmustbeclearedforcustomsdeclarationandreleasebeforethistime,andsubmitthecustomsreleaseslip(yardandstationreceipt,alsoknownascargopaper)totheshippingcompany.ItwillgenerallybedisplayedasClosingtime. Cutasingle Itreferstothetimewhentheshippingcompanyfinallychangesthecontentsofthebilloflading,whichisthedeadlineofreplenishmentofthebilloflading.Therearealsomanyshippingcompaniestoimplementone-timereplenishment,afteranychangewillbecharged.NormallydisplayasSIcutoff. Cuttheport Thisistheclosingtimeofcontainercollectionatthedock.Beforethattime,containersloadedwithgoodscanentertheport,andafterthat,theycannotentertheportagain.Sometimesalsocalledthecutweightcabinet.DisplayasaCYcutofforCYclosing. Customsclearance,customsclearance,customsclearance,customsclearance Tointerceptcustoms,billsandports Customsclearance Customsclearanceisacommonlanguageinthefreightforwardingindustry,whichmainlyreferstoaseriesofspecificoperationsrelatedtoimport,suchascustomsdeclaration,inspection,customsdeclarationdocuments,transportationanddelivery. Customsdeclaration Customsdeclarationisaspecificaction,generallyimportandexportconsigneeoragenttothecustomsdeclarationofspecificgoodsinformation,notonlypointedoutthatthecustomsincludingimports.Thecorrespondingagentisthebrokerbroker. Cutoff Asmentionedabove,eachshippingcompanywillhaveatimelimitforcustomsdeclarationoftheloadedgoods.Usually,thedeclarationcanbemadeabout4daysbeforethedepartureoftheship,andthecustomsreleaseinformationwillnotbereceiveduntiloneortwodaysbeforethedepartureoftheship,whichisthecut-off. Customsclearance Customsclearanceisaprocedureafterthecustomsrelease,whichinvolvesthedeliveryofthereleasematerialsandtheinformationofgoodsonboardtothecustoms,filingandsubsequentexporttaxrefund(foreignexchangeverification).Therefore,customsclearancedayreferstothedatewhenaninternationalvesselisallowedtoleaveHongKongaftercompletingcustomsformalitiesandsettlingallkindsofpaymentsduebeforeexport. Customsclearance Customsclearance,clearanceofaseriesofactionsreferredto,isreferstotheimportandexportgoodsandtransitgoodsintofromacountry'scustomsorthebordershallgothroughtheformalitiesofcustomsregulations.Onlyinthecustomsdeclaration,inspection,taxationandcustomsformalities,canreleasethegoods,finishedprocessingtrademodeinthelatecancelafterverification,thisaseriesofactionisafterthecompletionofcustomsclearance. Customsclearanceandcut-offaredifferent: Customsclearancemeansthattheimportandexportofgoodshavebeencompletedcustomsprocedures,customsclearance,nolongertheimplementationofsupervisionofthegoods.Andusuallysaidthecut-offdatereferstothelatestcustomsclearancetime. Whatisthedifferencebetweendocumentreleaseandclearance? Thereleaseofdocumentsmeansthereleaseofcustomsdeclaration,thereleaseofgoodshasbeenreleasedmeansthereleaseofgoods,andtheclearancemeansthecustomshasgonethroughthecustomsclearanceproceduresforthegoods.Aftercustomsclearance,thecustomswillsendelectronicdatatotheelectronicportaftercustomsclearance.Ifonlythelistreleasedindicatesthatcustomsclearancehasnotbeencompleted,thecustomswillgothroughcustomsclearanceproceduresforthegoodswithin5workingdaysaftertheexportofgeneralgoods. Whatistheorderofcustomsdeclaration/cut-off/clearance/clearanceforexport? Forexport,thecustomsdeclarationshallbepreparedbeforethecut-offdate,andthegoodsshallbereleasedforloadinganddepartureafterthecut-offdate.Theshipshalltakethegoodsoutoftheportaftercompletingtheclearanceprocedures.Therefore,thecustomsclearancedateisgenerallylaterthanthecut-offdate,butalsolaterthanthecustomsclearancedate.Andtheseseriesofmovementsbeforethecompletionofcompleteclearance.Therefore,thetimesequenceiscustomsclearance<cut-off<clearance<clearance.
