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The US dollar trade is severely constrained, with high detention costs. It is recently shipped to Ve

  • Author:Chelsea
  • Source:Seabay
  • Release Date:2019-09-27

The US dollar trade is severely constrained and the high cost of staying in the country. Please pay attention to these countries in the near future!

Shipment Venezuela cautiously using US dollar trading

In August, the United States imposed economic sanctions on Venezuela and blocked the assets of the Venezuelan government. It basically stipulated that it was illegal to trade with the Venezuelan government or any of its institutions. Therefore, it is strongly recommended that Venezuelan shipments be used cautiously in US dollars to avoid being unable to account.
In addition, the shipping company informs that it is important to provide a complete shipping instruction 48 hours prior to the interception. Shipping instructions will not accept any changes after submission. If these requirements are not met, the goods will not be shipped. This request came into effect on September 16, 2019.

Shipping instructions must include:

1) Shipper name

2) Consignee name

3) Name of the notifying party

4) All goods

5) Fax

6) Phone and email

Hapag-Lloyd Shipping Company Notice ▼

美元交易严重受限、高额滞留费用,近期出货到委内瑞拉,英国,津巴布韦要留意!

Beware of high detention fees, the more serious the cargo detention in the UK port

Recently, the British media reported that because the British government has not issued correct preventive measures and relevant work proposals after the Brexit, the following series of mistakes will cause container freight drivers to be trapped in the ports on both sides of the English Channel, the United Kingdom. The port will usher in a massive delay in the port of Seychelles!

According to the Global Free Trade Association, according to some plans: the documents related to the goods shipped to the port will be submitted to the IT system in advance. Once on board, the documents will be valid and archived, but some IT systems have been received due to inadequate measures and technologies, but If other systems do not receive it, the goods in the port will not be cleared in time, and the goods will be trapped in the port together, which will cause the goods to stay and generate high detention fees.

美元交易严重受限、高额滞留费用,近期出货到委内瑞拉,英国,津巴布韦要留意!



The shipping company also warned that if the UK leaves the EU without a “British Brexit Agreement” on October 31, 2019, the UK will comply with the EU Customs 24 hours from any other non-EU country. (EU24HR) Advance manifest system.
美元交易严重受限、高额滞留费用,近期出货到委内瑞拉,英国,津巴布韦要留意!
The EU24HR rules require shipping companies to submit entry declarations (ENS) to the relevant customs for all cargo loaded on ships calling at one or more EU ports. That is, all goods to the EU countries and transit through the EU countries or docked at the ports of the EU must submit complete and accurate ENS information to the ship's customs in the first EU country before the sea vessel arrives at the port of departure.


Raise interest rates to 70% Zimbabwe prices soaring

美元交易严重受限、高额滞留费用,近期出货到委内瑞拉,英国,津巴布韦要留意!

On June 24, Zimbabwe issued the legal currency, the Xinjinyuan, which ended the country’s lack of local currency for ten years. But the new currency has not solved the inflation problem in Zimbabwe. When the Xinjinyuan was first issued, the Zimbabwean government announced that the official exchange rate of the New Jinyuan against the US dollar was 2.5:1. At present, the exchange rate of the New Jinyuan against the US dollar is close to 13:1.
This is still the price of the US dollar that can be exchanged on the white market. If you can't change it, it is the black market price that is daunting.

Here, this reminds the majority of enterprises exporting to the Zimbabwe market, strengthens the risk management and control of accounts receivable, and guarantees the security of foreign exchange collection. Maybe your Zimbabwean customer can't afford to pay when they are doing it.

In order to stabilize the plunge in the local currency and soaring domestic inflation rate, the central bank of Zimbabwe raised the key interest rate from 50% to 70%!

For more shipping information, please contact Sunny worldwide Logistics:
Contact: Chelsea Jiang
Website: www.swwlogistics.net
Address: Room 816, Block B, Rongde International Times Square, Henggang Street, Longgang District, Shenzhen
Mobile: +86 187 6389 9563
QQ: 2885537742
Email: sales105@swwlogistics.com .cn