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Tag Archives: sea freight

Asia-Europe sea freight rates fall in Q1 of 2015

DENMARK: The Shanghai Shipping Exchange (SSE) has released new figures that show the spot rates on the significant Asia-Europe trade, which includes the Middle East, took yet another dive this week, this time US $58 to US $284 per teu. According to the analyst agency Clarksons Platou, this puts the rate uncomfortably close to the actual cost of bunker of ... Read More »

Valuation ruling of solar fans without battery, solar panel issued

KARACHI: The Directorate General of Customs Valuation has determined the customs value of China-origin solar fans (without battery and solar panel), vide Valuation Ruling No. 689/2014 No. Misc/13/2014-VII dated September 23, 2014. The directorate initiated the exercise to determine the customs value of the said items after it was brought into its notice that solar fans (without battery/solar panel) were ... Read More »