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  • 2021 December 1 10:15

    Maersk Customs Services USA highlights trends and opportunities for U.S. importers

    The unprecedented, record monthly volumes of container ships arriving into U.S. ports - is an example of the constantly changing business impact facing importers. Vessel ETA’s that change daily can create havoc on an importer’s customs brokerage activities. Maersk Customs Services USA system updates ETA’s so that customers can perform real-time business planning and can access reports to manage their supply chain – future versions will include AI tools to provide enhanced predictive modeling. This helps clients project financial risk in terms of what they have in transit, at the port and what is Customs cleared, according to Maersk's release.

    CBP continues to focus on overseas vendors and ensuring that importers have strong internal controls over their manufacturing process. Right when an importer receives the good news that a vessel with their cargo has docked at a U.S. port – they may get a notification from CBP that the shipment will be detained for inspection and supplier documentation is requested, which adds further delay and cost to the supply chain. “We advise importers to know your supply chain in detail with your vendors. That means know your vendors’ vendor and then know their vendors as well because CBP is looking at sourcing patterns and all downstream countries involved in the manufacturing process. You need to be able to demonstrate that due diligence to get cargo released,” said Melinda Damico, a licensed Customs House Broker and Head of Client Services for Maersk Customs Services USA. The company uses the combined expertise from their Trade Services and Client Services specialists to support clients in this process.

    As the supply chain has taken center stage in many importers quarterly results during the pandemic – more insight and reporting are needed for CEOs and CFO’s to answer the operational exposure and financial risk within their supply chain. “We see C-suite level executives requesting a dashboard view of duties paid that quarter, highest value vendors, most used Harmonized Tariff System (HTS) codes and countries of origin for that quarter. And, it’s needed in the snap of a finger,” added Ms. Damico. Maersk Customs Services USA uses a cloud-based system that updates info in real-time and gives this dashboard view in a clear, actionable format.

    As we near the year’s end and start of a new year, tariffs change. In fact, every five years, there is a large tariff shift. In 2022, a large tariff shift will occur on numerous commodities as part of the World Trade Organization’s (WTO) normal business practice. Importers would be wise to check on their financial risk and mitigation strategies as many HTS numbers will be eliminated. Maersk Customs Services USA uses a real-time system that shows this data as well as a process of monthly business reviews and quarterly business reviews as a proven method to ensure both parties manage the business effectively.

    The pandemic has challenged every company’s business model. Ms. Damico remarked “The pandemic taught us to build in resilience everywhere in the supply chain and be prepared. Trust in your partners is critical.”

    Maersk Customs Services USA works with companies to ensure their international business is Customs compliant and they can manage the financial risk and opportunities associated with global shipments. Services include Customs Services, Trade Consulting, Duty Drawback Services, Digital Services and Project Services with a team of 40 licensed U.S. Customs Brokers and the expertise of former U.S. Customs and Border Protection leaders and staff. For European-based companies, Customs Services are offered through sister company KGH Customs.

2022 January 26

16:27 USCG to break ice along Penobscot, Connecticut, and Hudson Rivers
16:03 Deltamarin signs an engineering contract for Höegh Autoliners Aurora Class PCTCs
15:58 Avenir sells the world’s largest LNG bunker vessel
15:55 Rosmorport supports "Soul of the Caspian" expedition aimed at studying and conserving Caspian seal
15:33 Maersk Supply Service launches new venture company to deliver offshore vessel charging
14:40 Throughput of OTEKO Group terminals in Taman surged by 82%, year-on-year
14:13 Fincantieri’s U.S. shipyards join Green Marine
13:48 Yakutia LNG project may need new port facilities in Sea of Okhotsk
13:27 Konecranes provides 17 Automated Rubber-Tired Gantry Cranes in fully integrated solution for Port of Felixstowe
12:37 Freeport of Ventspils handled over 11.1 million tons of cargo in 2021
12:01 DNV selected to lead “pioneering" ammonia bunkering safety study in Singapore
11:32 Superyacht Phi delivered to ABS class
11:23 Smart Ports Russia 2022 to bring together ports and terminals in Moscow
10:58 KN transhipped the first bulk bitumen to a tanker
10:58 Port Houston annual TEUs set record with 15 percent growth
10:37 CIMAC World Congress is postponed to June 2023
10:01 Klaipeda Port handled 45.6 million tonnes of cargo in 2021
09:53 KCC signs pilot agreement for Yara Marine’s ‘FuelOpt’ energy efficiency system
09:39 Baltic Dry Index as of January 25
09:18 Crude oil prices start decreasing
08:33 MABUX: Global bunker market compensates losses from the day before

2022 January 25

18:10 Ports of Los Angeles & Long Beach postpone Container Excess Dwell Fee
17:55 Joint Russian-Chinese naval exercise Peaceful Sea-2022 took place in the Arabian Sea
17:36 Broad scope of Wärtsilä power solutions selected for gas-fuelled ferry trio
17:26 ICTSI's Cavite Gateway Terminal beefs up operations
17:04 BLRT Grupp is constructing a unique floating exhibition centre for Norway
16:45 Port of Los Angeles launches first-of-its-kind cyber resilience center
16:25 IDFA, Port of Los Angeles, and CMA CGM form joint initiative to advance U.S. dairy exports
15:52 MOL announces the world's first successful sea trial of autonomous sailing on a commercial container ship voyage
15:13 Damen commissions Rolls-Royce business unit to supply automation solutions for German Navy’s F126 frigates
15:02 Valenciaport and COSCO collaborate in the automation of the delivery of container seals
14:41 Flag-raising ceremony held on Sibir, first serial nuclear-powered icebreaker of Project 22220
14:02 7.6 million tonnes of goods handled in record quantities at the Port of Kiel
13:36 Glavgosexpertiza approves installation of NSR maritime distress safety system at “Dickson” station
13:12 European shipowners support EU parliamentary proposal on commercial operators and a sector-dedicated fund
12:54 Damen signs up ERMA FIRST to supply world’s smallest Ballast Water Treatment System
12:30 TotalEnergies launches Port of Marseille Fos’ first ship-to-containership LNG bunkering operation
12:11 OOCL posts results for 2021
11:24 RF Accounts Chamber found Russian IWW potential not to be used in full
11:00 European Parliament proposed amendments to EU ETS put Green Deal goals at risk, says World Shipping Council
10:17 Saimaa Canal Commission grants permit to Transport Infrastructure Agency for construction in Saimaa Canal lease area
09:43 Baltic Dry Index as of January 24
09:28 Crude oil prices continue moderate increase
09:15 MABUX: Global bunker prices to trend lower on Jan 25

2022 January 24

18:22 Nakilat takes delivery and management of fourth LNG carrier newbuild
18:09 CMA CGM and TotalEnergies launch Port of Marseille Fos’ first ship-to-containership LNG bunkering operation
17:55 Detachment of RF Navy’s Baltic Fleet went to sea to fulfill tasks of long-distance campaign
17:32 Raiffeisenbank opens USD 20 million credit facility for Sea Port of Saint-Petersburg
17:13 GTMaritime guide sets out future of maritime communications
16:50 Glavgosexpertiza approves construction of coal terminal Port “Vera” in Primorye
16:29 Salus Technical introduces its the cloud-based software Bowtie Master
15:58 Tersan shipyard lays down trawler for Magadan based fishing company Tikhrybkom
15:11 Wärtsilä hits methanol milestone with first newbuild engine order
14:30 Sea Port of Saint-Petersburg to take delivery of over 40 units of handling equipment and one 63-tonne crane in 2022
14:01 Dogger Bank announces supplier events for O&M phase
13:44 BW Offshore signed an agreement for the sale of the FPSO BW Joko Tole
13:21 Loko-Bank shareholder increased his share in FESCO to 26.52%
13:07 Royal Dutch Shell plc changes its name to Shell plc
12:44 FESCO increases number of transit container trains from CPV almost twice in 2021
12:23 EdgeTech rolls out the 6205s2 Swath Bathymetry & Side Scan Sonar System