Worldwide News

Shipment of goods under carnet to the USA

All foreign carnets entering the United States via vessel are now required to complete an Importer Security Filing (10+2 filing or ISF) and a suitable bond.  This ISF must be submitted to US Customs and Border protection (CBP) 24 hours prior to the cargo being loaded onto a US bound vessel.  Please make sure you make contact with your customs broker/freight forwarder to make sure that all the necessary information is completed on the ISF as per the requirement of the forms.  Penalties may occur if not adhered to.  More information please click here

News on Indonesia

The Government of Indonesia is developing strategic location of Free Trade Zones in Batam, Bintan and Karimun which is regulated and managed by Batam Indonesia Free Zone Authority (BIFZA).  BIFZA recognises Batam as a region in Indonesia exempted from import duty, value added tax, sales tax on luxurious goods and excise.  It is designed to encourage good international trade traffic and invite investment from local and overseas.  Read more...

Official Letter for Free Trade Zone