Maersk eyes 'cut and run' moves as port congestion brings delays
*Edited at 10:45am on 12 February to include a response from PSA Singapore and Maersk* Maersk ...
© Anekoho
A Singapore government initiative to reform customs procedures to make its massive port more attractive to shippers for transhipment has been criticised.
A group of large multinational shippers claim it could aid the growing trade in counterfeit goods.
In May, the government called for consultation on amending its customs act, which would allow Singapore’s customs authorities to allow shippers not to submit manifest data on shipments transhipped at its vast container and air cargo terminals.
“This amendment helps Singapore Customs better manage the compliance requirements ...
Comment on this article
donald
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