Ocean Network Express Ready to Launch in 2018
K Line, MOL and NYK are banking their future group profitability on the success of the Ocean Network Express (ONE) – the merger of the Japanese transport groups’ respective container businesses scheduled for April. According to reports, the trio say they expect to save ¥50bn ($440m) in costs in the first fiscal year ending 31 March 2019m […]
ACCC Container Stevedoring Monitoring Report 2016-2017: Highlights
The ACCC is required by the Federal Government to monitor prices, costs and profits of the container stevedores at all Australian container ports. The ACCC Report provides information about the operating performance of the container stevedores, as well as the level of competition, investment and productivity in the industry. It also explores issues affecting the broader supply chain, […]
Would You Like to Become an Australian Trusted Trader?
As you know Stockwells recently became an official Trusted Trader, please read the below story and let us know if you would also like to become a trusted trader, which may benefit your business. Immigration Minister Peter Dutton has signed a Mutual Recognition Arrangement with China, in a move aimed at boosting trade between the […]
Stockwell International gains Australian Trusted Trader accreditation
After an 18-month journey Stockwell’s have finally gained full accreditation to the Australian Trusted Trader program. We are extremely proud of attaining our accreditation as it is recognition of the commitment we have made to providing the highest standards of security compliance. The voluntary trade facilitation initiative operates within Australia’s Authorised Economic Operator (AEO) program […]
How Stockwells Can Help YOU!
Reliable supply chain services are important in any competitive market. Stockwells focus on the cost as well as efficient and effective supply chain solutions. Constantly shopping around for cheaper alternatives, for instance, can be all for nought if your cargo is delayed during peak periods such as Chinese New Year or typhoon season. A superior […]
Tariff Concessions Information sheet
If your imported goods are not currently enjoying a free rate of duty by utilising free trade then the tariff concession system (TCS) could be your answer to saving on duty TODAY…. Read more below! stockwell-tco-information-sheet
Venture Capitalists Have Found Trillion Dollar Market to Upend: Shipping
Interesting article written by Michael J. Coren from Quartz, April 20 2017: Software may be eating the world, but some industries have been off the menu. Now, international shipping’s time has come. The UN estimates at least 90% of the world’s physical goods end up in a shipping container before arriving at their destinations. Until […]
Australia “Bleeding Revenue” Through Petty Fraud
MILLIONS of Dollars in Commonwealth revenue is being lost due to holes in import regulations and compliance audit follow-ups in the world of international shipping. That was customs specialist and Platinum Freight Management chief executive Peter McRae’s interpretation after reading the latest Australian Border Force Goods Compliance Update. Mr McRae said the report, alongside the […]
Queensland freight road to receive $400m upgrade
The Federal Government has approved the $400 million funding to start work on Stage 1 of the Mackay Ring Road project in Queensland. Federal Minister for Infrastructure and Transport, Darren Chester, said delivering $397.9 million towards the project was another element of the $8.5 billion task of fixing the Bruce Highway. Federal Member for Dawson, […]
Is the banks’ $400 billion global shipping debt about to sink?
Research has been released that suggests climate transition pathways pose risks to the banks that hold $400 billion of global shipping debt (Carbon War Room [CWR] and UMAS, 2017). With the onset of climate policies as soon as 2023, there will be a need for significant capital investment to keep vessels competitive. Navigating Decarbonisation: An […]
