Shipping Trade and Transport News 12th November 2015

 

Hapag Lloyd

 

Shares in Hapag-Lloyd hovered around their issue price in their stock market  as investors gave the German shipping group a lukewarm reception over uncertainty and resilience of stock market/ shipping industry

CMA-CGM  

 

CMA CGM SA is in talks to acquire Singapore container shipping company Neptune Orient Lines Ltd.

 

EU News

EU - Near new EU trade offer to Paraguay

Four south American countries hope to relaunch stalled negotiations on a free trade deal with the European Union next month, Paraguay's President Horacio Cartes told AFP.

Israeli fury over EU settlement product labels

The European Union on Wednesday backed the labelling of products from Israeli settlements, sparking fresh tensions with a furious Israel, which said the move could harm the peace process with the Palestinians.

HMRC UCC/AEO

With effect from the 1st January 2016 the new UCC codes will be introduced  be in stages with eventual link by HMRC to EU customs.  Additional information will be requied in box 44 of the entry to confirm the HS code has a BTI.  Organisations that hold AEO(C) will start to see the benefits of their due diligence.

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