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INTRAMAR OPENS NEW OFFICES:

Intramar is pleased to announce the opening of new branch offices in Townsville & Perth. Our team in both locations have extensive experience & local knowledge & we are excited about this growth. If we can assist with any shipments to/from this area for you please do not hesitate to contact us at: info@intramar.com.au

GENERAL RATE INCREASE FROM THE USA:

We wish to advise that the shipping lines will be applying a general rate increase for all cargo & container types from the United States of America to Australia & New Zealand effective from September 15th 2010.
The increase will be:
USD 125 per 20’ container
USD 250 per 40’ container.
It is expected that LCL rates will be increased by approximately USD 6/wm but this has not been confirmed.Should you require any further information please do not hesitate to contact our team at: info@intramar.com.au;

PEAK SEASON SURCHARGE FROM NTH ASIA:

We wish to advise that the shipping lines moving from North Asia to Australia will be implementing a Peak Season Surcharge (PSS) for all cargo from the following countries: China
Hong Kong
Korea
Japan
Taiwan
To all Australian ports of USD 300 / TEU; It is expected that LCL rates will be increased by USD 12/wm however this has not been confirmed.Should you require any further information please do not hesitate to contact our team at: info@intramar.com.au

US CARGO SCREENING VERDICT

Effective from August 1st; the USA introduced new regulations regarding the screening of freight on passenger aircrafts. The new law required the secretary of Homeland Security to establish a system where the airline industry screened 100 percent of cargo transported on passenger aircrafts to the level used to screen checked baggage. It requires all air cargo to be screened at the piece level prior to transport on a passenger aircraft for flights originating in the United States & going to the USA..
The good news is that so far so good - early reports indicate things are off to a solid start.
For more information please do not hesitate to contact our team at: info@intramar.com.au

Information

V.C. - Valuation clause
V.L.C.C. - very large crude carrier
v.o.p. - Value as in original policy
V.T.S. - Vessel Traffic Systems
Validated Export License - A document issued by the U.S. government authorizing the export of commodities for which written export authorization is required by law. Two types exist: an Individual Validated License (IVL) and a Special License.
Value Added Counseling - Valued added counseling is defined as assessing a company's current international business operations and assisting a client in one or more of the following: (a) identifying and selecting the most viable markets; (b) developing an export market strategy; (c) implementing the export market strategy; and (d) increasing market presence.
Value Added Tax (VAT) - A tax which is assessed at each stage of production on the amount of value contributed at each stage to the final product.
Value Date - The date on which payment must be made by the named bank. This date is determined by the payee, the payer or the bank.
Value for Customs Purposes Only - The U.S. Customs Service defines "value for Customs purposes only" as the value submitted on the entry documentation by the importer which may or may not reflect information from the manufacturer but in no way reflects Customs appraisement of the merchandise.
Variable Levy - A tariff subject to alterations as world market prices change, the alterations are designed to assure that the import price after payment of the duty will equal a predetermined "gate" price.
Vd. - Valued
VER - Voluntary Export Restriction
Vertical Export Trading Company - An export trading company that integrates a range of functions taking products from suppliers to consumers.
vessel - Ship or boat.
Visa - Visas are required by many countries for entry of a foreigner.
Visa Waiver - A program of selected countries to eliminate the visa requirement on a test basis.
Visit USA Committee - A committee of U.S. tourism managers located in foreign markets. Visit USA Committees work with USTTA and the U.S. & Foreign Commercial Service in planning and promoting travel to the U.S.
VL - Variable Levy
VLCC - Very large crude carrier
VO-MTO - Vessel-operating multimodal transport operator
VOA - Voice of America
Voluntary Export Restriction - An understanding between trading partners in which the exporting nation, in order to reduce trade friction, agrees to limit its exports of a particular good. Also called voluntary restraint agreement.
Voluntary Restraint Agreement - Informal bilateral or multilateral understandings in which exporters voluntarily limit exports of certain products to a particular country destination in order to avoid economic dislocation in the importing country and the imposition of mandatory import restrictions. These arrangements do not involve an obligation on the part of the importing country to provide "compensation" to the exporting country, as would be the case if the importing country unilaterally imposed equivalent restraints on imports. See: Voluntary Export Restriction.
VRA - Voluntary Restraint Agreement

Shipping Term