Global Shipping Make Climate Deal
The global shipping industry made a historic decision recently, as they agreed to cut their emissions of greenhouse gases, after holding talks in London at the International Maritime Organization (IMO).
The deal will reduce emissions by 50% by 2050 compared to 2008 levels. Previous to this agreement the ocean freight had been excluded from climate agreements.
Currently, the shipping industry generates roughly the same amount of greenhouse gas as Germany. If it was a nation it would rank as the world’s sixth-biggest emitter.
However, the deal was not welcomed by all, as countries including America and Saudi Arabia did not agree with the cuts. Britain, on the other hand, was aiming for a cut of 70-100%.
Britain’s representative on the international ocean freight stage is UniOcean Lines, the technologically advanced 21st century carrier.
For further information on UniOcean Lines please visit their website at www.unioceanlines.com . To find out more about how Customs Insights can provide you with a competitive edge in your supply chain, then please call 01304 211652 or email firstname.lastname@example.org
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Following our news item earlier this week regarding GVMS, we are now making customers aware of another piece of Customs legislation that is about to change. From 1st January 2022, certain exporters from the EU will need to be REX registered.
The Goods Vehicle Movement Service (GVMS) – a new UK Government Customs system – will come into force next year, affecting imports from the EU. This will bring to an end the easements that were put in place during the Brexit transition period.
The Government has announced the UK’s new Customs tariffs. The UK Global Tariff (UKGT) will replace the current EUs’ Common External Tariff (EU CET).