Dublin Port Traffic Powers Ahead

Dublin Port Company has issued its trade figures for the first three quarters of 2017 which show an overall growth during the period over the 2016 figures of 4.2%. This growth rate is similar to that for World ports through 2016 and for this year to date and is well ahead of the growth anticipated in the company’s 2012 Master Plan document.

Speaking at the announcement of the trade figures Dublin Port CEO Eamonn O’Reilly said, “Dublin Port’s volumes continue to grow strongly. It is clear that the trend of year on year increases that we saw in the decades before the crash of 2008 has returned.  We have now seen five years of consistent growth and each of the last three years has been a record year.

“Notwithstanding the uncertainty generated by BREXIT, Dublin Port has seen Ro-Ro freight volumes on routes to Britain grow by 6.2% over the first three quarters of 2017 with ferry passenger numbers growing by 2.4%.

“We are increasing the capacity of the port on the basis that growth will continue for many years to come.  Work is continuing on our first major Masterplan project, the Alexandra Basin Redevelopment (ABR) Project.

“We are seeing increasing demand for direct freight services to Continental Europe.  The introduction by CLdN of the 8,000 lane metre Celine will greatly increase the capacity on direct services to Continental Europe.  BREXIT is creating a lot of uncertainty and the introduction of the new ship shows the shipping sector beginning to provide additional capacity to create more options for importers and exporters.  We expect to see more new services to Continental Europe during 2018.

“Before year end, we will commence construction of a bridge over the Covanta and ESB cooling water outfall on the Poolbeg Peninsula now that the construction of the waste to energy plant is complete.  This bridge will bring unused port lands on the Poolbeg Peninsula into use and allow us to increase the capacity of our berths on South Bank Quay.  This is the first step towards the ultimate development of all Dublin Port lands on the Poolbeg Peninsula under our Masterplan 2012-2040.

“We welcome the recognition in the recently approved Planning Scheme for the Poolbeg West SDZ that port lands are for port uses.  This follows on from the recognition in the draft National Planning Framework of the importance for the country of the continued addition of port capacity in Dublin.”

Eamonn O’Reilly is currently chairman of the European Sea Ports Organisation. Speaking following his election he said, ““I am very honoured to have been elected as Chairman of ESPO for the next two years.  Over these years, ports will be challenged by the implementation of the Port Regulation and other legislative initiatives. There will also be a continuing need for ports to plan and finance major infrastructure investment at the key nodes of Europe’s transport networks.  Overarching these challenges, however, is the global problem of climate change and how our industry plays its part in addressing this enormous issue”.

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JOIN US AT LIFESCIENCES TRENDS 2017: A NATIONAL & REGIONAL PERSPECTIVE

Brian Murphy, Head of Trade Services at the Irish Exporters Association will be speaking at Lifesciences Trends 2017: A National and Regional Perspective. Join us at the Radisson Blu Hotel & Spa, Ditchley House, Cork on November 15th, as we explore the topics that have shaped and impacted the Lifesciences sector in Ireland and in particular, the Munster region.

This is a free event and places are limited. Register early to avoid disappointment!

ABOUT LIFESCIENCES TRENDS 2017

This conference is aimed at providing a forum for professionals in the Pharma, MedTech and Supply Chain industries in Ireland to learn about the emerging trends in their sectors, and to network with their industry peers. It provides an opportunity to encourage local sourcing in Ireland and stimulate growth in the Munster Region. The initiative is being supported by Exertis SCS, The Irish Medtech Association, BioPharmaChem Ireland, The Port of Cork, IBEC, KPMG, Enterprise Ireland, the Irish Exporters Association (IEA), UCC, PMTC, Crest Solutions, Acorn Regulatory, Orbsen Consulting, CPL, Real Staffing. Click here to download the Lifesciences Trends 2017 Event Flyer

The conference will feature expert speakers, panel discussions and industry case studies.

Click here to view conference agenda.

TOPICS WILL INCLUDE:

  • Brexit: The Potential Impact of Brexit on the Lifesciences Supply Chain
  • FDI: Growing Foreign Direct Investment Nationally & Regionally
  • Case Studies: Lifesciences Industry Presentations
  • Industry Outlook: Biopharma Sector & Policy Priorities 2018
  • Talent: Attracting and Maintaining Talent in Lifesciences

Don’t miss out on what promises to be an engaging and informative event. Join the conversation, connect with key industry leaders, extend your professional network and gain actionable insights and knowledge. Register at www.lifesciencestrends2017.eventbrite.ie

FURTHER INFORMATION:

To learn more about this event, email [email protected] or call +353 1 405 6586.

Vicki Caplin | | 0 comments

AbsorboPak – Keeping your cargo dry

12% of all container shipment damage is moisture related. Have you discussed moisture damage with your transport provider or shipping line?

We offer the solution. Our desiccant products are specifically designed for use in containers. We offer an extensive range that covers almost any moisture protection requirement. From rust and mould, to damaged packing and odour; the effects of moisture damage are unpredictable – and costly. However, it can be prevented. ABSOROPAK offers a range of products to protect your cargo from the effects of moisture damage. We help you to minimise RISK and PROTECT YOUR INVESTMENT.

Shipping in containers is an economical and safe way of shipping most types of cargo. But putting cargo into an enclosed steel box also entails a constant risk of moisture damage for almost every kind of cargo on every voyage. When damage occurs it may result in substantial losses and costs. Very small differences in the cargo and voyage conditions can have a huge effect on the outcome.

Moisture Damage can be Prevented

All containers contain moisture from the time of loading. No container is completely airtight. Moisture will move in and out of the container during the voyage known as “Container Breathing”. The objective of a moisture protection program is to prevent the build-up of moisture in the air to levels where it causes damage. This is done by reducing the amount of the moisture entering the container and by using desiccants to remove moisture from the air.

Finding the right solution for reliable protection against moisture damage requires understanding the causes. All desiccants have different capabilities to absorb moisture. When choosing your desiccants it is important to know that different substances have different characteristics. For example, the product’s ability to absorb moisture in relation to its own weight, absorption rate at different levels of relative humidity and the risk for re-evaporation. Passing through several climatic zones with wide temperature and humidity fluctuations, rough treatment and long transport times all affect the outcome.

Container Desiccants

High absorption with or with-out impact resistant water collector

All our products are based on the proven ability of calcium chloride to aggressively remove moisture from the air. They are easy to use and designed to occupy minimal container space with full functionality.

Absorpole®

Absortech®Top

AbsorBag®

AbsorGel®Blanket

AbsorGel®Hanging

AbsorGel®Max and Compact

In-Box Desiccants

In-box desiccants are effective in controlling moisture inside of crates, cartons and other types of packaging. The absorbed water is bound into a gel so that no liquid water is formed.

AbsorGel® Pouch Hip – With humidity indicator

Absortech® Air-Tight – Solution for pouch storing

Supply Chain

Our customers avoid costly moisture damage by making moisture protection an integrated part of their supply chain. Our products maintain consistent high quality; we maintain complete control end to end in the chain from product design and manufacture to delivery of the right product with the right quality at the right place.

Contact Fintan Doyle +353 (0)87 250 9557 or Mark Darmody on +353 (0)87 235 5806

or the office on +353 (0)1 6978733 to discuss your requirements and the right product for you.

 

 

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Over 200,000 illegal medicines worth €850,000 detained in Ireland

The IEA welcomes the partnership between the HPRA, Revenue’s Customs Service, An Garda Síochána and Minister for Health, Simon Harris TD following the announcement that they have detained over 200,000 units of illegal prescription medicines (2016: 60,000) valued at over €850,000 as part of the Interpol-coordinated Operation Pangea X. The IEA’s The Good Distribution Practice Passport (GDP) plays a key role in helping assure security in the life sciences supply chain through compliance and a better understanding of risk and responsibilities. For more information about the IEA’s GDP Passport click on our infographic or contact [email protected]. To read the announcement from the HPRA click here.

Vicki Caplin | | 0 comments

BIFA introduces new Terms and Conditions

BIFA, the British International Freight Association has introduced a new set of Standard Trading Conditions to be applied by its members from 1st October. The IIFA, Irish International Freight Association is completing a review of its own Standard Trading Conditions which are applied by its member Freight Forwarders in Ireland. The revised conditions are likely to mirror very closely those developed by BIFA.

In the BIFA revision one significant addition has been their extension to take account of the SOLAS rules relating to verified gross mass (VGM) requirements. The revised terms provide a warranty from the customer that they are giving an accurate and actual verified gross mass of any container packed with packages and cargo items. This means that if the Member is legally responsible for provision of this information to the carrier, then it is able to pursue the customer, if the mass is not accurate, under the indemnity given for any losses incurred as a result.

Clause 28, which covers the jurisdiction of any claim, has been amended so that any member can choose arbitration rather than litigation in order to deal with any dispute they may have with their customer. This improves the ability for members to pursue their customers in jurisdictions that may not give effect to an English law and jurisdiction clause in favour of English Courts, or may not have any reciprocal agreement in force with the United Kingdom regarding the enforcement of judgments.

Slight changes to the document include outdated wording being revised as well as the preamble and definitions being made tighter to reflect the new EU regulation number following the introduction of the Union Customs Code.

Clearly, the terms and conditions under which cargo is being carried are of vital importance to the exporter and the IEA will keep a watching brief on developments both in Ireland and elsewhere particularly in a Brexit context.

Blockchain could become a Supply chain reality by year end.

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Blockchain could become a Supply chain reality by year end

A large number of shipping Lines and ports, in particular, are currently engaged in trials regarding the use of Blockchain in the supply chain.  Hyundai Merchant Marine (HMM) says that it has completed its first voyage using blockchain, from booking to container delivery and this is the latest sign of the shipping industry’s adoption of the technology, which HMM aims to refine and deploy by year’s end. In a statement they said: “Adopting blockchain technology in shipping and logistics industry will enable all parties to securely share all the information such as the certificate of origin and customs clearance information, and will also reduce a tremendous amount of paperwork”.

Maersk Line has also developed a joint technology with its partner, IBM to enable the rapid adoption of this technology in all aspects of its container shipping operation.

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CLdN will bring massive vessels onto Irish routes

Luxembourg based CLdN currently operates seven sailings a week out of Dublin on its Con-Ro service linking with Rotterdam and with Zeebrugge using a fleet of vessels with between 2500 and 6000 lane metres of cargo space and one container ship. In late October the company will introduce the first of its fleet of 8000 lane metre vessels onto the Dublin services. The vessel Celine has recently completed its delivery voyage from its Chinese Builder’s yard and will take up a weekly Dublin-Zeebrugge-Rotterdam rotation. Transit time from Dublin to the Benelux Ports s approximately 40 hours. CLdN plans to introduce a second such vessel following its delivery in February 2018.

The CLdN vessels carry a mix of cargoes including Ro-Ro trailers, Lo-Lo containers and trade cars. Passenger accommodation is limited to twelve berths so that almost all of the trailers travel unaccompanied. Through its Cobelfret company the Line offers door to door services using its own trailer and container fleets.

In preparation for the arrival of the large vessels the Ports of Dublin, Zeebrugge and Rotterdam have undertaken considerable development work at their respective terminals.

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W.E.C. Lines introduce new Iberian link

Johnson Stevens Ireland has announced the introduction by one of their principals, W.E.C. Lines of a once weekly service calling at Dublin, Leixoes, Huelva, which is close to the Spanish/Portuguese border, and Vigo in northern Spain. The service will initially be operated by W.E.C. with 300 TEU container ships though the line intends to use larger vessels as the cargo volumes increase.

The service, which will make its first Dublin call on October 4th, will also include in its rotation a Liverpool call en route to Dublin. Operating in this way will ensure a good supply of container equipment for Irish exporters and fast transit times to Iberia. The sailing from Dublin will be on Thursday, with a first call to Leixoes on Saturday, then Huelva on Tuesday, returning to Leixoes on Friday, then Vigo on Saturday, arriving Liverpool on Tuesday and Dublin on Wednesday.

The launch of this service follows on growing success of the lines’ services out of Portuguese ports to Liverpool in 2016.

For more information contact; Johnson Stevens Ireland on phone: +353 1 8247700, e-mail: [email protected]

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What are Incoterms and Why are they important?

Incoterms are international commercial terms which are used in the assignment of costs and responsibilities between buyers and sellers around the globe, which are very often mistaken and treated as shipping terms.

Incoterms were proposed by the International Chamber of Commerce to provide a framework when dealing with matters of sales contracts such as:

  • arranging and paying for transportation;
  • customs clearance;
  • duty and VAT payments;
  • arranging necessary documentation and
  • agreeing on the point where risk and insurance responsibility is passed over from the seller to the buyer.

Incoterms have been revised in ten year intervals to reflect international commercial practice. The last revision effected in INCOTERMS 2010 and we are expecting the next one to be available in 3 years’ time which will be known as INCOTERMS 2020.

 

Importance of Incoterms

Although there are 11 different incoterms, sellers and buyers regularly underestimate the importance of them and their impact on international trade. Many traders believe that the clear and plain language used in the contract will be enough to ensure that all parties keep their trading obligations. Traders very often cannot see that incoterms eliminate discrepancies in contract language by giving the same definition of specific trade agreement to all parties and reducing the risk of problems that may occur during the shipment.

Incoterms are only relevant for a sales contract, however the agreement between parties to use certain incoterms has also an effect on other contracts. For example a seller who has agreed on FOB incoterm, is bound to choose sea transportation as he has to present a bill of lading to the seller. Therefore other transportation methods are completely inadequate. Failure to understand the correct definition of each Incoterm used will lead to problems throughout the supply chain and may affect payment of goods, delivery schedules and even cause conflict between seller’s and buyer’s responsibilities, including who completes the customs declarations and makes duty payments.

The Incoterms rules have become an essential part of the daily language of trade and it is extremely important that the terms of sale are discussed upfront, which will help you to reduce the risk in a transaction. By specifying the seller’s and buyer’s obligations, there is no confusion with regards to rules of transportation from one country to the other. However, it is worth remembering that Incoterms do not cover ownership or title transfer of the goods. These terms have to be agreed upon separately between the two transacting parties.

 

Incoterms Categories

Incoterms are divided into 4 categories:

Category E – which is representing minimum obligation to the seller, who makes available goods at the premises in order for the buyer to collect.

  • EXW (Ex Works)

Category F –where the seller arrange, pay and deliver the goods to a carrier appointed by the buyer however the buyer pays for everything after that.

  • FCA (Free Carrier)
  • FAS (Free Alongside Shipping)
  • FOB (Free on Board)

Category C- where the seller has obligation to contract for carriage however the risk will pass to the buyer in the country of departure.

  • CPT (Carriage Paid To)
  • CIP (Carriage and Insurance Paid To)
  • CFR (Cost and Freight)
  • CIF ( Cost, Insurance and Freight)

Category D- where the seller bears all risk involved in bringing the goods to the agreed destination.

  • DAT (Delivery at terminal)
  • DAP (Delivery at place)
  • DDP (Delivery Duty Paid)

Also, incoterms are divided in relation to the form of transportation of goods where EXW, FCA, CPT, CIP, DAT, DAP and DDP are used for any mode or models of transport and where FAS, FOB, CFR and CIF are used for sea and inland waterway transport only.

 

It is worth remembering that regardless of the type of agreement concluded between the EU and UK after Brexit, a customs declaration will still be required on export from the UK and import into the UK. The correct incoterm is one of the requirements while lodging your customs declaration, and if traders wish to maintain compliant with laws in international trade they should become familiar with Incoterms 2010. We would encourage traders that as part of their Brexit preparation they look at incoterms agreed to ensure that they are not taking responsibility for customs duty, Vat or submitting the customs declarations in the country of destination.

For more information about our partnership with BDO Ireland click here.

Vicki Caplin | | 0 comments

Customs Duty and Import VAT Suspension Procedures

Depending on the type of goods, as discussed in our Classification article in Maycustoms duty is generally 0-17% (more for agricultural goods or foodstuff) and import VAT is levied at 23%. This could also be the case for goods brought into Ireland from the UK and Northern Ireland after Brexit.

Many forward thinking businesses have put in place procedures to suspend, reduce or eliminate this additional cost. By doing so they protect themselves from newly introduced customs duties, which could be the case with Brexit and allow themselves to shop around for the most competitively priced goods, without having to rely solely on EU producers in order to avoid paying customs duty.

Special procedures or Customs Procedures with Economic Impact (CPEI) as they were previously known, allow goods to be imported without payment of customs duty and in some cases import VAT.    The procedure or combination of procedures that applies, depends on the intended purpose of the goods post import. Activities that can avail of suspension range from; transporting goods across borders (think moving goods from mainland Europe across the UK to Ireland), to the storage and processing of goods.

In most cases prior authorisation from Revenue will be required to avail of Special Procedures but it can be possible to avail of duty suspension for “once off” or occasional imports. In all cases security will need to be provided by way of a bond, however this requirement can be waived if a business is AEO certified.  The process of obtaining an authorisation can take a number of months and can vary depending on a number of different elements such as number of locations involved, the goods and the effectiveness of the current customs operating procedures within the business.

Once authorised, the importer is able to import their goods without payment of duties, so the customs duty (and import VAT in some cases, for example Inward Processing or Customs Warehousing) is suspended, pending the use of the goods as set out in their authorisation. This can have the effect of either delaying, reducing or eliminating the payment of duty. How it will operate will very much depend on the type of operation and is best considered as part of an overall duty mitigation strategy.

Revenue are introducing an online facility to submit applications. This commences on 2nd October 2017 and is known as the Customs Decisions System (CDS). This is aimed at streamlining the process going forward and assisting the consultation process amongst other EU member states. Future customs procedures will be completed through ROS and will require businesses and their agents (if completing applications on their behalf) to have a valid ROS certificate.

We encourage businesses to review their supply chains to map out current and future duty points, the potential financial impact of customs and other duties and if required, explore different ways to mitigate their duty costs.

For more information about our partnership with BDO Ireland click here.

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