Skip to Content

Blog

Proclamation on Adjusting Imports of Derivative Aluminum Articles and Derivative Steel Articles into the United States

1.  On January 11, 2018, the Secretary of Commerce (Secretary) transmitted to me a report on his investigation into the effect of imports of steel articles on the national security of the United States, and on January 19, 2018, the Secretary transmitted to me a report on his investigation into the effect of imports of aluminum articles on the national security of the United States.  Both reports were issued pursuant to section 232 of the Trade Expansion Act of 1962, as amended (19 U.S.C. 1862).

2.  In Proclamation 9704 of March 8, 2018 (Adjusting Imports of Aluminum Into the United States), and Proclamation 9705 of March 8, 2018 (Adjusting Imports of Steel Into the United States), I concurred in the Secretary’s findings that aluminum articles and steel articles were being imported into the United States in such quantities and under such circumstances as to threaten to impair the national security of the United States.  I therefore decided to adjust the imports of aluminum articles, as defined in clause 1 of Proclamation 9704, as amended, by imposing a 10 percent ad valorem tariff on such articles imported from most countries, beginning March 23, 2018.  I also decided to adjust the imports of steel articles, as defined in clause 1 of Proclamation 9705, as amended, by imposing a 25 percent ad valorem tariff on such articles imported from most countries, beginning March 23, 2018.

3.  In Proclamation 9758 of May 31, 2018 (Adjusting Imports of Aluminum Into the United States), I decided to further adjust imports of aluminum articles by imposing quotas on such articles from the Argentine Republic (Argentina).  In Proclamation 9740 of April 30, 2018 (Adjusting Imports of Steel Into the United States), I decided to adjust imports of steel articles by imposing quotas on such articles from the Republic of Korea (South Korea), and in Proclamation 9759 of May 31, 2018 (Adjusting Imports of Steel Into the United States), I decided to adjust imports of steel articles by imposing quotas on such articles from Argentina and the Republic of Brazil (Brazil).

4.  In Proclamation 9704 and Proclamation 9705, I directed the Secretary to monitor imports of aluminum articles and steel articles, respectively, and inform me of any circumstances that in the Secretary’s opinion might indicate the need for further action under section 232 of the Trade Expansion Act of 1962, as amended.

5.  The Secretary has informed me that domestic steel producers’ capacity utilization has not stabilized for an extended period of time at or above the 80 percent capacity utilization level identified in his report as necessary to remove the threatened impairment of the national security.  Stabilizing at that level is important to provide the industry with a reasonable expectation that market conditions will prevail long enough to justify the investment necessary to ramp up production to a sustainable and profitable level.  Capacity utilization in the aluminum industry has improved, but it is still below the target capacity utilization that the Secretary recommended in his report.  Although imports of aluminum articles and steel articles have declined since the imposition of the tariffs and quotas, the Secretary has informed me that imports of certain derivatives of aluminum articles and imports of certain derivatives of steel articles have significantly increased since the imposition of the tariffs and quotas. The net effect of the increase of imports of these derivatives has been to erode the customer base for U.S. producers of aluminum and steel and undermine the purpose of the proclamations adjusting imports of aluminum and steel articles to remove the threatened impairment of the national security.

6.  The derivative articles the Secretary identified are described in Annex I (aluminum) and Annex II (steel) to this proclamation.  For purposes of this proclamation, the Secretary determined that an article is “derivative” of an aluminum article or steel article if all of the following conditions are present:  (a) the aluminum article or steel article represents, on average, two-thirds or more of the total cost of materials of the derivative article; (b) import volumes of such derivative article increased year-to-year since June 1, 2018, following the imposition of the tariffs in Proclamation 9704 and Proclamation 9705, as amended by Proclamation 9739 and Proclamation 9740, respectively, in comparison to import volumes of such derivative article during the 2 preceding years; and (c) import volumes of such derivative article following the imposition of the tariffs exceeded the 4 percent average increase in the total volume of goods imported into the United States during the same period since June 1, 2018.  The modifications to subchapter III of chapter 99 of the Harmonized Tariff Schedule of the United States described in Annex I (aluminum) and Annex II (steel) to this proclamation implement the Secretary’s determinations in this regard.

7.  From June 2018 to May 2019, import volumes of steel nails, tacks, drawing pins, corrugated nails, staples, and similar derivative articles increased by 33 percent, compared to June 2017 to May 2018, and increased by 29 percent, compared to June 2016 to May 2017.  From January 2019 to November 2019, import volumes of such articles increased by 23 percent, compared to the same period in 2017.  Similarly, from June 2018 to May 2019, import volumes of aluminum stranded wire, cables, plaited bands, and the like (including slings and similar derivative articles) increased by 152 percent, compared to June 2017 to May 2018, and increased by 52 percent, compared to June 2016 to May 2017.  From January 2019 to November 2019, import volumes of such articles increased by 127 percent, compared to the same period in 2017.  Finally, from June 2018 to May 2019, import volumes of bumper and body stampings of aluminum and steel for motor vehicles and tractors increased by 38 percent, compared to June 2017 to May 2018, and increased by 56 percent, compared to June 2016 to May 2017.  From January 2019 to November 2019, import volumes of such articles increased by 37 percent, compared to the same period in 2017.

8.  It is the Secretary’s assessment that foreign producers of these derivative articles have increased shipments of such articles to the United States to circumvent the duties on aluminum articles and steel articles imposed in Proclamation 9704 and Proclamation 9705, and that imports of these derivative articles threaten to undermine the actions taken to address the risk to the national security of the United States found in Proclamation 9704 and Proclamation 9705.  As detailed in the Secretary’s reports, domestic production capacity to produce aluminum articles and steel articles for national defense and critical infrastructure is essential to United States national security.  This domestic production capacity is used to provide the essential inputs of aluminum and steel used in derivative aluminum articles and derivative steel articles.  The Secretary has assessed that reducing imports of the derivative articles described in Annex I and Annex II to this proclamation would reduce circumvention and facilitate the adjustment of imports that Proclamation 9704 and Proclamation 9705, as amended, made to increase domestic capacity utilization to address the threatened impairment of the national security of the United States.

9.  Based on the Secretary’s assessments, I have concluded that it is necessary and appropriate in light of our national security interests to adjust the tariffs imposed by previous proclamations to apply to the derivatives of aluminum articles and steel articles described in Annex I and Annex II to this proclamation.  This action is necessary and appropriate to address circumvention that is undermining the effectiveness of the adjustment of imports made in Proclamation 9704 and Proclamation 9705, as amended, and to remove the threatened impairment of the national security of the United States found in those proclamations.

10.  Section 232 of the Trade Expansion Act of 1962, as amended, authorizes the President to adjust the imports of an article and its derivatives that are being imported into the United States in such quantities or under such circumstances as to threaten to impair the national security of the United States.

11.  Section 604 of the Trade Act of 1974, as amended (19 U.S.C. 2483), authorizes the President to embody in the Harmonized Tariff Schedule of the United States (HTSUS) the substance of statutes affecting import treatment, and actions thereunder, including the removal, modification, continuance, or imposition of any rate of duty or other import restriction.

NOW, THEREFORE, I, DONALD J. TRUMP, President of the United States of America, by the authority vested in me by the Constitution and the laws of the United States of America, including section 232 of the Trade Expansion Act of 1962, as amended, section 301 of title 3, United States Code, and section 604 of the Trade Act of 1974, as amended, do hereby proclaim as follows:

(1)  In order to establish increases in the duty rate on imports of certain derivative articles, subchapter III of chapter 99 of the HTSUS is modified as provided in Annex I and Annex II to this proclamation.  Except as otherwise provided in this proclamation, all imports of derivative aluminum articles specified in Annex I to this proclamation shall be subject to an additional 10 percent ad valorem rate of duty, and all imports of derivative steel articles specified in Annex II to this proclamation shall be subject to an additional 25 percent ad valorem rate of duty, with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern standard time on February 8, 2020.  These rates of duty, which are in addition to any other duties, fees, exactions, and charges applicable to such imported derivative aluminum articles or steel articles, shall apply to imports of derivative aluminum articles described in Annex I to this proclamation from all countries except Argentina, the Commonwealth of Australia (Australia), Canada, and the United Mexican States (Mexico) and to imports of derivative steel articles described in Annex II to this proclamation from all countries except Argentina, Australia, Brazil, Canada, Mexico, and South Korea.  The Secretary shall continue to monitor imports of the derivative articles described in Annex I and Annex II to this proclamation, and shall, from time to time, in consultation with the United States Trade Representative (USTR), review the status of such imports with respect to the national security of the United States.  In the event of a surge of imports of any derivative article described in Annex I or Annex II to this proclamation from any excepted country, the Secretary, with the concurrence of the USTR, is authorized to extend application of the tariff imposed by this proclamation on imports of any derivative article experiencing such surge from such country, or to adopt appropriate quotas for imports of such derivative article from such country, or to negotiate a voluntary agreement with such country to ensure that imports of such derivative article from such country do not undermine the effectiveness of the adjustment of imports made in Proclamation 9704 and Proclamation 9705, as amended.  The Secretary shall publish such action in the Federal Register and notification shall be provided to U.S. Customs and Border Protection (CBP) of the Department of Homeland Security.

(2)  The Secretary, in consultation with the Secretary of State, the Secretary of the Treasury, the Secretary of Defense, the USTR, the Assistant to the President for National Security Affairs, the Assistant to the President for Economic Policy, and such other senior executive branch officials as the Secretary deems appropriate, is hereby authorized to provide relief from the additional duties set forth in clause 1 of this proclamation for any derivative article determined not to be produced in the United States in a sufficient and reasonably available amount or of a satisfactory quality and is also authorized to provide such relief based upon specific national security considerations.  Such relief shall be provided for a derivative article only after a request for exclusion is made by a directly affected party located in the United States.  If the Secretary determines that a particular derivative article should be excluded, the Secretary shall publicly post such determination and notify CBP concerning such article so that it will be excluded from the duties described in clause 1 of this proclamation.  For merchandise entered for consumption, or withdrawn from warehouse for consumption, on or after the date the duty established under this proclamation is effective and with respect to which liquidation is not final, such relief shall be retroactive to the date the request for relief was accepted by the Department of Commerce.

(3)  Any derivative article described in Annex I or Annex II to this proclamation, except those eligible for admission under “domestic status” as defined in 19 CFR 146.43, that is subject to the duty imposed by clause 1 of this proclamation and that is admitted into a U.S. foreign trade zone on or after 12:01 a.m. eastern standard time on February 8, 2020, may only be admitted as “privileged foreign status” as defined in 19 CFR 146.41, and will be subject upon entry for consumption to any ad valorem rates of duty related to the classification under the applicable HTSUS subheading.  Any derivative article that is described in Annex I or Annex II to this proclamation, except those eligible for admission under “domestic status” as defined in 19 CFR 146.43, that is subject to the duty imposed by clause 1 of this proclamation, and that was admitted into a U.S. foreign trade zone under “privileged foreign status” as defined in 19 CFR 146.41, prior to 12:01 a.m. eastern standard time on February 8, 2020, will likewise be subject upon entry for consumption to any ad valorem rates of duty related to the classification under the applicable HTSUS subheading added by this proclamation.

(4)  Derivative articles shall not be subject upon entry for consumption to the duty established in clause 1 of this proclamation merely by reason of manufacture in a U.S. foreign trade zone.  However, derivative articles admitted into a U.S. foreign trade zone in “privileged foreign status” pursuant to clause 3 of this proclamation shall retain that status consistent with 19 CFR 146.41(e).

(5)  No drawback shall be available with respect to the duties imposed on any derivative article imposed by clause 1 of this proclamation.

(6)  The Secretary, in consultation with CBP and other relevant executive departments and agencies, shall revise the HTSUS so that it conforms to the amendments and effective dates directed in this proclamation.  The Secretary shall publish any such modification to the HTSUS in the Federal Register.

(7)  Any provision of previous proclamations and Executive Orders that is inconsistent with the actions taken in this proclamation is superseded to the extent of such inconsistency.

IN WITNESS WHEREOF, I have hereunto set my hand this twenty-fourth day of January, in the year of our Lord two thousand twenty, and of the Independence of the United States of America the two hundred and forty-fourth.

DONALD J. TRUMP

Fonte: https://www.whitehouse.gov/presidential-actions/proclamation-adjusting-imports-derivative-aluminum-articles-derivative-steel-articles-united-states/

0 0 Continue Reading →

Atlas Ocean Voyages Expands Fleet with Four More Ships | Brazil Modal

Illustration; Source: Pixabay under CC0 Creative Commons license

 

The Luxe-Adventure cruise brand’s fleet will have a total of five ships by the end of 2023, with the first ship, World Navigator, launching in mid-2021.

The line’s World Navigator is currently under construction at WestSea Viana shipyard in Portugal and scheduled to launch in mid-2021.

The four new ships being acquired include World Traveller and World Seeker, which are scheduled to launch in 2022, and World Adventurer and World Discoverer are scheduled to launch in 2023.

“Luxe-Adventure is all-inclusive, small-ship journeys with luxurious amenities, delivering limitless adventures, and we look forward to welcoming guests aboard our ships for unexpected discoveries, foodie immersion, and unique, adrenaline rushes,” said Alberto Aliberti, President of Atlas Ocean Voyages.

“The four additions to our Luxe-Adventure fleet will allow us to significantly expand our collection of global adventures and offer more group and charter opportunities to meet growing demand,” said Brandon Townsley, Vice President of Sales and Trade Partnerships.

Atlas Ocean Voyages offers cruises to Antarctica, Baltic, Mediterranean, and Central and South America.

Fonte: http://brazilmodal.com.br/2015/internacional/atlas-ocean-voyages-expands-fleet-with-four-more-ships/

0 0 Continue Reading →

A 2020 Vision of FX Post-Trade

It seems that we are beginning 2020 facing the same uncertainty that we experienced last year. The previous 12 months have provided an interesting year geopolitically, with trade disputes between the US and China, along with the uncertainty surrounding Brexit; as such, it would not have been unreasonable to expect the currency markets to stagnate.

Darren Coote, Cobalt

However, if anything, they have mustered strength and grown, as
was seen in the latest BIS Triennial survey, with global turnover reaching $6.1trillion,
daily, and London holding its seat at the top of the global institutional
foreign exchange (FX) market. This has painted a very positive picture of
London in FX, and remaining in this place, along with ongoing political concern,
will undoubtedly be a priority for the UK’s FX participants in 2020.

Aside from the uncontrollable challenges caused by factors such as
Brexit, one aspect that the market can control is the use, adoption and
development of technology. Technology is, of course, beginning to be embraced across
the market, but there are some participants that are reluctant to adopt new
ways of doing things, for a myriad of reasons.

As a financial technology company focused on the FX market, growth
and appetite for this market is vital for Cobalt as a business. A priority for
us as we progress through 2020 will be to continue adding new functionality to
the platform and  continue to expand and
diversify our network of clients.

Despite FX being the largest global financial market, it is
strange that inefficient and often risk-laden technology is still used. We have
seen substantial investment and modernisation throughout the front-office. Yet
across post-trade operations, many are still reliant on fragmented systems.
People are beginning to realise that we cannot continue in the same manner
without moving forward with new technology.

During 2020 we expect market participants to wake up to the fact
that we need a common post-trade infrastructure to manage and automate back and
middle office functions. Not only is this cheaper, but it is far simpler than the
current fragmented system. It is not rocket science, but the reality is that
many people don’t think in this way yet. However, there is a sense that attitudes
are changing – albeit slowly.

For FX participants, it is essential to utilise new technology and
shake off outdated methods of operation if companies are to modernise; however,
this still remains a challenge and will be a key point of focus in the year
ahead. Ensuring companies don’t fall behind the technological evolution is a
no-brainer and those that do embrace the change, will continue to reap its
rewards.  

Currently, margins and budgets are tight; FX participants that use
innovative technology and a utility-based approach to post-trade, will mitigate
the pressure on their bottom line and ease their credit risk and balance sheet
usage.

As economies across the world grow and technology is increasingly
adopted across all international business activities, the need for change will
continue. But the challenge for international FX hubs, will be how to leverage these
opportunities.

Old, fragmented systems within post-trade will become obsolete as market participants see the benefit of standardization and the move from multiple layers of reconciliation to a centralized platform with a shared view of trade data. By embracing automation across the trade life cycle, participants will benefit from a reduction in post-trade inefficiencies and consolidation of post-trade resources. Transparency of operations and centralized platforms will become the norm, leading to a more efficient market.

Darren Coote is CEO of Cobalt 

Fonte: https://www.tradersmagazine.com/departments/commentary/a-2020-vision-of-fx-post-trade/

0 0 Continue Reading →

Zeebrugge tugboat complied with IMO 2020 | Brazil Modal

To ensure that the vessel is complying with the IMO Tier III standard, the ABC engine’s exhaust fumes are subjected to a special after-treatment known as Selective Catalytic Reduction (SCR).

Gert Van Den Steene, Manager Aftersales Department of Anglo Belgian Corporation, commented:

‘The project posed quite a challenge – in that we needed to set up and install a complete SCR system on board an existing tug with a complex engine room, while retaining the tug’s operational and practical functions.’

The decision to select Union Koala was based on the available space in the tugboat’s engine room for installing the SCR system. In addition, Union Koala is still in service in Zeebrugge’s port area: the Zeebrugge port authorities attach strong importance to sustainability and promote reducing vessels’ environmental footprint.

Boluda Towage Europe’s CEO Geert Vandecappelle, noted:

‘As a long-term partner of the Port of Zeebrugge, Boluda Towage Europe has committed itself through this project to the port authority’s environmental objectives. I am proud that through a joint effort, our technical department, Anglo Belgian Corporation and Flanders Ship Repair have brought this challenging project to a successful conclusion.’

When it comes to its sustainability policy, Boluda Towage Europe has not only limited itself to this initiative. The company also contributes to the reduction of shipping emissions in other European ports. At present, Boluda’s operational fleet includes five hybrid tugboats: RT Adriaan, RT Evolution, RT Emotion, Adventure and Experience. The company will be exploring further opportunities to increase sustainability in the near future.

Fonte: http://brazilmodal.com.br/2015/internacional/zeebrugge-tugboat-complied-with-imo-2020/

0 0 Continue Reading →

Guangdong’s foreign trade remains stable in 2019

GUANGZHOU – Foreign trade in southern China’s Guangdong province continued to top the country at 7.14 trillion yuan in 2019, 0.2 percent slightly lower than the previous year, according to the provincial customs authorities on Jan 20.

Guangdong’s exports were 4.34 trillion yuan last year, up 1.6 percent from a year ago. The trade surplus reached 1.54 trillion yuan, an increase of 11 percent.

Private enterprises contributed to more than half of the total foreign trade for the first time last year, taking up a 51.8-percent share.

General foreign trade in the province reached 3.5 trillion yuan last year, up 4.1 percent year-on-year and accounting for 49 percent of the total.

Guangdong’s trade to countries and regions along the Belt and Road rose 6.3 percent to 1.71 trillion yuan last year, while trade with Latin American countries increased by 8.8 percent.

The European Union (EU) replaced the United States as Guangdong’s third-largest trade partner, with trade with the EU growing by 11.1 percent to 888.36 billion yuan in 2019.

Disclaimer

The Central People’s Government of the People’s Republic of China published this content on 21 January 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 January 2020 02:38:00 UTC

Fonte: https://www.marketscreener.com/news/Central-People-Government-of-People-Re-Guangdong-s-foreign-trade-remains-stable-in-2019–29865267/

0 0 Continue Reading →

Wärtsilä LNG tech supports next-gen cargo ships | Brazil Modal

 

The ships will be among the first-ever of their type to be powered by LNG fuel. Because of space restrictions on short-sea cargo ships, Wärtsilä developed a customised solution in close cooperation with the naval architect and the owners that allows the Wärtsilä LNGPac storage and supply system to be installed below deck without compromising the cargo hold space. Furthermore, the propulsion efficiency will be optimised as a result of Wärtsilä’s Opti Design capabilities that tailors the propeller and HP nozzle to specifically align with the vessel’s hull. These integrated technologies will be supported via Wärtsilä’s Data Collection Unit (WDCU) with iCloud based services and remote monitoring to optimise operability, fuel economy, and periodic maintenance.

“Our recognised leadership in LNG technologies is again shown with this order. Wärtsilä’s expertise in delivering fully integrated systems, and our emphasis on partnering with customers and other stakeholders to develop the optimal solution can lead to state-of-the-art vessels, as is we have here,” says Luuk Hijlkema, Account Manager, Sales, Wärtsilä Marine.

“We are very pleased to have these next-generation sustainable vessels. Minimising our environmental footprint has long been a focal point for us, and the reduction of emissions is a fundamental part of this. The new vessels running on LNG fit well into our continuous drive for greener operations,” comments Ad Toonen, Technical Director, Wijnne & Barends.

The four ships will each have a Wärtsilä 34DF dual-fuel main engine, a Wärtsilä gearbox, a Wärtsilä controlled pitch propeller (CPP) with HP nozzle, and a Wärtsilä LNGPac system. The equipment will be delivered to the yard during Q4 2020, and the first vessel is expected to be delivered during autumn 2021.

The 5800 DWT Lo-Lo (lift-on, lift-off) vessels will operate in the Baltic and North Seas and will be Finnish/Swedish Ice Class 1A classified. Six previously ordered vessels for Wijnne & Barends, which are already under construction, are also being fitted with Wärtsilä main engines and CPP propellers.

Fonte: http://brazilmodal.com.br/2015/internacional/wartsila-lng-tech-supports-next-gen-cargo-ships/

0 0 Continue Reading →

Boris’s Brexit boom plan: Worldwide trade deals by end of 2020 unveiled | Politics | News

But the move to access international markets worth almost £50trillion is a slap in the face for the EU – which wanted talks to be solely focused on Brussels. With Chancellor Sajid Javid confirming the UK will not agree to demands that Britain aligns with EU regulations, the prospect of a trade deal with the US will put pressure on Brussels to compromise. The major reshaping of British foreign policy also includes efforts to boost trade with Africa. 

And there will be a new focus on tackling persecution of Christians abroad with a reshaped British sanctions regime, independent of the European Union. 

On the post Brexit trade talks, a Downing Street source said: “Downing Street will begin trade deal talks with the USA at the same time as negotiations get underway with the EU. 

“The Prime Minister has tasked trade negotiators at the Department for International Trade to start discussions with countries including Japan, New Zealand and Australia, alongside the USA.” 

It is also understood the Prime Minister will be making a set-piece speech in early February to set out his plans for life after Brexit in the UK. 

He will focus on our future trading relationships with the EU and the rest of the world. 

Tomorrow, Mr Johnson will host the first major UK In Africa Investment Summit, intended to showcase and commit to opportunities in what is one of the most important regions for investment after Brexit. 

Britain has previously declared it wants to become the G7’s top investor in the continent, set to make up a quarter of the world’s consumers by 2050 and where trade is currently worth £36billion to the UK economy. 

That push has so far led to a £2billion boost since 2016, and will include developments in security, climate change, sustainability and gender equality as part of Britain’s new post Brexit “freedom agenda”. 

Last night, Britain’s trade commissioner for Africa, Emma Wade-Smith, said: “Africa is a significant part of our Global Britain ambitions. We want to boost exports to 35 per cent of GDP and Africa has the eight fastest growing economies in the world.” 

Former cabinet minister Sir John Redwood, who was head of Margaret Thatcher’s policy unit, welcomed the Prime Minister’s decision to carry out trade talks with the US, Japan, Australia and New Zealand at the same time as the EU. 

He said: “Britain can trade perfectly well on world trade rules, as it does at the moment with the US, but it is better if we can get trade deals. 

“America, Australia and New Zealand are particularly keen to do trade deals with us and there is a ready-made deal we could have with Japan.” 

However, Sir John, MP for Wokingham, is also pressing the Government to look at boosting growth and following Donald Trump’s model, which has led to economic growth being one per cent higher each year than the EU. In a debate he has called for Tuesday, he will push for a series of tax cuts around business rates, VAT and stamp duty. 

He said: “More growth means more jobs and more money in people’s pockets and better funded public services. 

“The EU’s single market rules held us back. We could not even cut VAT on green products.” 

In a further development, the Government is expected to use its new freedom from the European Union to be more proactive in tackling rogue regimes along with individuals and groups behind persecution, particularly of Christians. 

Rehman Chishti, the Special Envoy for Freedom of Religion or Belief, told an Open Doors event in Parliament: “Once we leave the EU, a global human rights sanctions regime will allow the UK to impose sanctions on those who abuse or violate human rights globally, which could include those who commit serious human rights abuses or violations against religious minorities.” 

Britain’s head of mission at the United Nations has been asked to “explore all the options” to secure a UN Security Council resolution to protect Christians and other minorities in the Middle East. 

The Government has also accepted all 22 recommendations from the Bishop of Truro’s report for the Foreign Office on persecuted Christians. 

It is believed former security minister, Sir John Hayes, is being lined up to take over from Dominic Grieve as the chairman of the powerful Intelligence and Security Committee. 

The committee is due to publish the report into Russian interference in the British democratic process. 

Additional reporting by Marco Giannangeli and David Williamson. 

Fonte: https://www.express.co.uk/news/politics/1230294/Brexit-news-boris-johnson-latest-trade-deals

0 0 Continue Reading →

Port of Prince Rupert achieves record year | Brazil Modal

 

Supporting the overall positive trend was strong performance at DP World’s Fairview Container Terminal with over 1.2 million TEUs at an increase of 17% over 2018, the addition of propane volume through AltaGas’ Ridley Island Propane Export Terminal, and growth in coal handled at Ridley Terminal where cargo levels were up 18% over the previous year. Northland Cruise Terminal also saw a year-over-year increase in passenger volumes of 35%, totalling over 12,400 visitors to Prince Rupert through cruise travel.

“The Port of Prince Rupert’s consistent record-breaking annual volumes confirms the Port’s growing role in Canadian trade,” said Shaun Stevenson, President and CEO of the Prince Rupert Port Authority. “The Port of Prince Rupert has a reputation for offering strategic advantages to shippers. The 2019 volumes illustrate the growing market demand for the Prince Rupert gateway and further validates our plans for growth and expansion over the next several years.”

PRPA’s latest economic impact study released in 2019 revealed that port-related growth has resulted in the Port of Prince Rupert handling approximately $50 billion in trade value annually and supports an estimated 3,600 direct supply-chain jobs in northern BC, $310 million in annual wages, and $125.5 million in annual government revenue.

In 2019, several infrastructure projects supporting growth and diversification at the Port of Prince Rupert were announced, including the Ridley Island Export Logistics Park, the Zanardi Bridge and Causeway Project, and the Metlakatla Import Logistics Park – all of which are supported by the Government of Canada’s $153.7 million investment through its National Trade Corridors Fund. Moreover, construction commenced on PRPA’s Fairview-Ridley Connector Corridor. The 5.5-kilometre corridor will provide a physical platform for two new rail sidings and a private two-lane haul road between Fairview Container Terminal and Ridley Island.

An anticipated $2 billion in capital expansion projects starting in 2020 will support further cargo growth, including DP World’s Fairview Terminal expansion project that will bring the terminal’s capacity up to 1.8 million TEUs by 2022; the Vopak Pacific Terminal project, which is currently undergoing its environmental assessment and expects to make a final investment decision in 2020; as well as Pembina’s Prince Rupert Export Terminal, which is currently under construction and anticipates being operational in late 2020.

Fonte: http://brazilmodal.com.br/2015/internacional/port-of-prince-rupert-achieves-record-year/

0 0 Continue Reading →

Indian Institute of Foreign Trade jobs for Accreditation Coordinator. Best Jobs in Indian Institute of Foreign Trade in Delhi 03 Feb 2020

Indian Institute of Foreign Trade recruiting Accreditation Coordinator Experienced(1 Years) candidates candidates nearby Delhi.Indian Institute of Foreign Trade vacancies for Accreditation Coordinator is recruited through Written-test, Face to Face Interview etc.
Indian Institute of Foreign Trade Company recruits a lot of Experienced(1 Years) candidates candidates every year based on the skills Microsoft(MS)Access. The candidates with MA, MSW are selected to full fill the vacancies in HR / Admin job field. The candidates nearby Delhi can apply for Accreditation Coordinator position in Indian Institute of Foreign Trade. All candidates should have a degree or post-graduation in the required field based on the requirement mentioned. The jobs are available in Full Time basis. When it comes to the Indian Institute of Foreign Trade recruitment, candidates are mostly chosen for the department of HR / Admin . To learn more about the current jobs and other details, it is better to go through official site of Indian Institute of Foreign Trade and Freshersworld. Find the latest jobs near you and near your home. So, that you don’t need to relocate. The Freshersworld is a leading employment portal that researches the official site of Indian Institute of Foreign Trade and provides all the details about the current vacancies, the application process, selection process, interview test details, important dates and other information. Search and apply for the top job positions in Indian Institute of Foreign Trade and near your city and get a secured career.

Fonte: https://www.freshersworld.com/jobs/accreditation-coordinator-jobs-in-delhi-indian-institute-of-foreign-trade-826779

0 0 Continue Reading →

Amsterdam breaks transhipment record | Brazil Modal

Transhipment in IJmuiden fell by 7.9% to 17.2 million tonnes, while Beverwijk and Zaanstad saw transhipment stabilise at 0.7 million tonnes and 0.2 million tonnes, respectively. This is revealed in the provisional transhipment figures announced today.

Large increases

The record set in the port of Amsterdam in the previous year is primarily attributable to an 18% increase in the transhipment of energy products, such as coal, to 15.5 million tonnes, compared to 13.1 million tonnes in 2018. The increase in coal transhipment can be attributed to market conditions, which led to strong growth in exports to non-traditional markets such as Asia and the Black Sea region. This growth is not expected to be structural. The closure of the Amsterdam-based Hemweg power plant 8 in December resulted in the cancellation of a large coal transaction. The transhipment of oil products also rose in 2019 to 50 million tonnes, compared to 47.4 million in 2018. This increase was caused by favourable conditions in the petrol market.

Other dry bulk also increased by 6% – a substantial growth – to 33.6 million tonnes, compared to 31.6 million tonnes in 2018. Container transhipment also increased by 12% and transhipment in Ro-Ro rose by 17%. Transhipment of chemical products and construction materials rose by 3.4% and 2.4%, respectively.

Large decreases

These records were also offset by decreases. The agri cargo flow fell in the previous year by 5% to 7.9 million tonnes and general cargo fell by 35% compared to 2018.

Cruise calls

Amsterdam received 117 seagoing cruise ships in 2019, compared to the previous year’s 180. The main reason for this decrease is due to the introduction of the tourist tax, which entered into force on 1 January 2018. The number of seagoing cruise ships that will be visiting Amsterdam in 2020 is expected to remain the same as last year; 12 of the cruise ships will be coming to the city for the first time. The number of sea cruise passengers fell to 294,000 compared to 425,000 in the year prior.  The number of seagoing cruise ships visiting IJmuiden increased to 62 from the previous year’s 30. The number of river cruise ships that called in 2019 was 2,282, compared to 2,007 a year earlier.

Imports and exports

Imports in the port of Amsterdam increased by 5.7% in the previous year to 53.2 million tonnes. Exports grew by 5.5% to 33.6 million tonnes.

Leased-out land

A total of 20 hectares of land was leased out in 2019, compared to 43 hectares in 2018. Large parcels of land were leased out to Granuband and the 5.7-hectare distribution centre at the Conakryweg. Port of Amsterdam also purchased a 6-hectare lot in HoogTij in 2019, after having purchased 10 hectares in 2016.

Source:  Port of Amsterdam

Fonte: http://brazilmodal.com.br/2015/internacional/amsterdam-breaks-transhipment-record/

0 0 Continue Reading →