The world’s largest container ship, the OOCL Hong Kong made its maiden call at the Port of Felixstowe on 21st June 2017.
The ship is 400 metres in length and 58.8 metres in width. The ship has a carrying capacity of 21,413 TEU (20ft equivalent containers).
Built at Samsung Heavy Industries shipyard in South Korea, the ship is owned by OOCL and deployed within the Ocean Alliance (incorporating COSCO, CMA CGM & Evergreen), serving the Asia-Europe trade lane.
The new Union Customs Code (UCC) will come into force on 1st May 2016 and it will replace existing EU Customs rules. The new rules are essentially designed to simplify and modernise procedures, where all communication is electronic. Any importer who has current Customs guarantees in place for processes such as Inward Processing Relief (IPR) for example, are recommended to check with their authorising Customs department as these companies will need to re-apply for authorisation.
Hanjin Shipping has filed for court receivership after failing to agree with their creditors a restructuring process. Hanjin’s financial woes have been known for some time, however it is now unclear to what extent Hanjin will be operational under the receivership.