Archive for May 2016

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Patricks - Mandatory Verification of Gross Mass of a packed container from 1 July 2016

Notice from Patricks - Mandatory Verification of Gross Mass of a packed container from 1 July 2016

From 1 July 2016 the International Maritime Organisation (IMO) will implement revisions to the Safety of Life at Sea (SOLAS) convention. The changes to the SOLAS convention will require shippers to provide 'Verified Gross Mass' (VGM) of a container before it can be loaded on-board a vessel.

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Import/Export Budget Implications

The 2016/17 Federal Budget was handed down last night and as usual, buried away amongst changes to superannuation and minor tax breaks were decisions that are important for those involved in the import and export of goods. 

Top of the list for many will be the scrapping of the EPBS and the confirmation of duty deferral for Trusted Traders from 2017/2018.

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