The 150-Day Surcharge: Navigating the Section 122 Transition
New Global Surcharge: Section 122 in Effect by Isabella Ampudia
IEEPA TARIFFS HALTED: CBP GUIDANCE ISSUED
IEEPA Refunds: Are You Ready for the Ruling by Isabella Ampudia
The Billion-Dollar Countdown: Why the Feb 20th SCOTUS Ruling Could Leave Unprepared Importers Behind
IEEPA Refunds: Are You Ready for the Ruling by Isabella Ampudia
Understanding General Average
Import and export traffic in our globalized world generally runs quite smoothly, but occasionally, the very real risks associated with the natural elements at sea or simple human error impact transportation adversely. Severe weather including wind, rain, swells and lightning storms can create a recipe for disaster for traveling ships. Less violent, but still serious issues can arise when technology […]
SOLAS New Container Weighing Requirements
Change is on the horizon in the shipping industry, and it is important to make sure you are staying informed. Effective July 1st, 2016, changes adopted by the International Maritime Organization (IMO) regarding verified container weights will become effective. These changes were first introduced at the 2014 Safety of Life at Sea (SOLAS) Convention, but it is now time for […]
CAN A FORWARDER INSURE A SHIPMENT AFTER A KNOWN LOSS?
CAN A FORWARDER INSURE A SHIPMENT AFTER A KNOWN LOSS? This question was addressed last week in the case of I.T.N. CONSOLIDATORS, INC. versus NORTHERN MARINE UNDERWRITERS LTD. [i] A cargo loss was made known to the forwarder ITN which promptly notified the insurance company writing its open policy. ITN subsequently issued a certificate of insurance to the cargo owner […]
CBP Posts Updated Bond Policies and Procedures
CBP, at the URL below, has posted new guidance concerning customs bond policies and procedures. It notes that the Continuous Transaction Bond program has been centralized at CBP’s Revenue Division in Indianapolis, Indiana. All continuous and term bond submissions, including continuous ISF bonds, along with requests for terminations and bond riders, must be submitted via email to cbp.bondquestions@dhs.gov. Details concerning […]