In November’s update, we explore the value of choosing an Australian Trusted Trader (ATT) freight forwarder, the effects of industrial action on terminal days, and what we’re doing to make the MYC Tracker even more valuable to our clients.
Why use an Australian Trusted Trader freight forwarder?
Last week, we discussed MYC’s Australian Trusted Trader accreditation. As an Australian Trusted Trader, MYC has access to a variety of benefits. We delve deeper into some of those key benefits below.
Duty Deferral Benefits – The Duty Deferral Plus benefit means that Trusted Traders can defer charges to pay a single monthly payment for a variety of fees including customs duties, Import Processing Charges, and GST.
Less-than-Container Load (LCL) Consolidated Delivery Benefits – The LCL Consolidated Delivery benefit will allow Trusted Traders’ LCL containers to bypass the requirement for an underbond movement for deconsolidation at a licensed customs depot.
ATT Exporter Benefit – Set to be implemented on the 1st January 2022, the ATT Exporter Benefit will mean that RCEP-Approved exporters can sign their own RCEP declarations of Origin for exports to the other 14 RCEP parties, reducing the time and cost involved.
MYC Tracker upgrades
Please note that the MYC Tracker is currently undergoing some major updates and, as a result, will be down until further notice. You can find out more about these upgrades here.
We apologise for any inconvenience this may cause. Manual PDF reports will be sent by your MYC representative in the meantime.
What’s happening in shipping this month
Here are the top news items in shipping for November 2021:
- Patrick Terminals’ Sydney AutoStrad, Brisbane AutoStrad, Melbourne & Fremantle terminals will be affected by industrial action resulting in stoppages of work between Sunday 7th November and Saturday 20 November 2021. Find the full list of dates here.
- Vessels from Sydney AutoStrad will see delays of 3 to 5 days on average for the next two weeks.
- Vessels from Patrick Terminals in Melbourne will be delayed for approximately 5 days on average for the next two weeks. There are forecasts that delays here may extend to between 12 to 14 days in the forthcoming weeks.
- Vessels from Patrick Terminals in Brisbane AutoStrad should only see delays of around 1 day; however, these are forecast to increase with the upcoming industrial action.
- Vessels from Patrick Terminals in Fremantle will be impacted with delays of, on average, 8.5 days.
- Please note that there may be small delays as a result of Diwali holidays in India from the 1st of November to the 6th of November. Most businesses in India will resume normal operating hours from the 9th of November.
If you have any questions or feedback, please don’t hesitate to get in touch with your MYC liaison or call us on +61 8 9253 0121.