TC May-Jun 2021 Issue

TRADE CHRONICLE
Hutchison Ports Pakistan, the country’s
state-of-the-art deep-water port,
welcomes a new regular shipping
service brought by the consortium
comprising of Global Feeders, Sinokor,
Heung A, and Sea Lead. It strengthens
trade links through providing ease
of access to the booming markets of
South-East Asia, China, and Korea.
The service will provide much-needed
extra capacity for Pakistani exporters
through non-vessel operating common
carriers (NVOCCs) as well as mainline
operators. This service includes 5 ships
operating on a weekly basis.
All Pakistan Customs Agents
Association (APCAA) has suggested
amendments in the measures
proposed by the federal government
in the federal budget 2021-22 to avoid
anomalies in the customs clearance
process.
Talking to media, Arshad Jamal,
Chairman APCAA said that the
association had forwarded its proposals
to the Federal Board of Revenue (FBR),
suggesting several amendments in the
measures recommended in the federal
budget 2021-22 to avoid glitches in the
customs clearance process after its
implementation.
He said that the pasting of the invoice
and packing the list is a must on the
containers/LCL shipments for the
immediate release of consignments
before the filing of goods declarations
and no shipping agents or air cargo
agents accept any consignment without
the goods declarations, internationally.
However, in Pakistan, the shipping
agents bypass this condition and
Commenting
on this latest
development,
Raymond
Chan, General Manager & Head of
Business Unit of Hutchison Ports
Pakistan delightedly remarked:
“Pakistan’s economic growth in future
substantially counts on international
trades, especially exports. Hutchison
Ports Pakistan are always at the
forefront of introducing groundbreaking
service offerings that create seamless
trade links for Pakistan. CSC/SIS-II
is another cornerstone we reached
to bring vast arsenal of Pakistan’s
tradable commodities to the world”.
New shipping service commences
regular calling at Hutchison Ports Pakistan
Hutchison Ports Pakistan has been
Anomalies in clearance process: APCAA suggests
amendments in budget measures: chairman
Aden Ports Development Company
(APDC), has made the switch on
ZODIAC Terminal Operation System
(TOS) at their Aden Container Terminal
in Aden, Yemen, bringing the
cuttingedge technology into full-fledged
application at the terminal.
As one of ZODIAC’s first customers
transport the consignment against
international practices.
In the federal budget 2021-22, it is
proposed to impose heavy penalties on
the importers if the shipment invoice/
packing list was not found or pasted on
containers/packages or parcels.
He said that this condition would
not only increase examination and
create containers backlog at the
already congested ports but it would
also negate the concept of the single
window project, being propagated by
the government of Pakistan. Moreover,
he said that this condition should
be declared mandatory but without
penalties as the legal instrument
was goods declaration but not such
documents.
For the implementation of this condition
smoothly, the APCAA has suggested
that if the importer of the goods
mentioned the condition “pasting of
invoice/ packing list” on or inside the
containers or on LCL shipments in
ZODIAC Terminal Operating System delivers
upgrades to Aden Container Terminal
since 2012,
APDC has
c h o s e n
to stay
with ZODIAC software solutions in
upgrading their Zodiac 5.0 to Zodiac
7.1, which is one of the most advanced
and user friendly systems on the market
for ports and terminal management.
This means the enhancement of the
terminal’s operations will ensure a
smooth migration even during the
persistently uplifting trading connectivity
of Pakistan, by not just attracting and
handling at world-class productivity the
biggest container ships the country has
ever received, but also investing on
state-of-the-art technologies in cargo
handling and logistics. The organization
is constantly recognized by local and
international shipping community on
incredible agile performance as well as
customer-centric services.
the letter of credits, bank contracts,
performa invoice then no penalty may
be imposed on the importer of goods.
Furthermore, APCAA also
recommended that the shipping line
or shipping agent to ensure that the
invoice/ packing list was pasted on
containers or LCL shipments as per
international practices and mention
the invoice no, date, and amount on
the bill of lading and import manifest
and in case of no compliance, the
shipping lines or shipping agents would
be penalized with a maximum of Rs
25,000.
APCAA also proposed that all goods
declarants should be restricted to file
the true declarations along with the
copy of the bill of lading, transactional
invoice, and packing list, letter of credit,
bank contract, or any other banking
instrument, concessionary certificates
/NOC in terms of IPO and customs
tariff. And, if the goods declarants fail to
upload such documents, his profile may
be listed for the red channel and the
authorities may issue show cause and
impose the penalty of not more than Rs
25,000 against him, APCAA suggested.
COVID-19 pandemic, as ZODIAC
continues to provide to its customers
with complete support in accessing
global supply chains with high efficiency
and capacity.
TRADE CHRONICLE - May - Jun - 2021 - Page # 32