News

The EU Customs is taking steps to improve the entry security and safety border controls. According to the European Commission, it entails an overhaul and reform from multiple perspectives, like IT, legal, customs risk management/controls and trade operational perspectives.

When goods are bought or sold “Free on Board” (FOB) it means that the seller delivers the goods to a ship at a port previously agreed to by the seller and the buyer. The seller loads the goods onto the ship. The buyer then takes care of the import formalities and transportation to the final destination. Free on Board is one of the oldest Incoterms. It dates back to when goods were carried by sailing ships and it was one of the terms when the Incoterms were first released in 1936. It is also one of the most used commercial terms.

As of May 16th you no longer need a surveillance document when you enter certain iron- and metal products into free circulation. The same goes for certain aluminium products.

The whole world is affected by the coronavirus pandemic. This means that the demand for medical supplies has been higher than ever before. At the same time, global supply chains are being hampered by restrictions in air freight and ocean freight capacity due to grounded planes and blanked sailings.

With the exception of just a few countries, the whole world is in lockdown mode or slowly coming out of that. While production in other regions is still down or slowed by the lockdowns, China is getting slowly back to speed again.

Do you need extra expertise in the field of Customs during this hectic period? The specialists of Customs Support are here to help!