Customs and acronyms – A match made in heaven?
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Blog Posts
The global pharmaceutical market is booming, having grown an estimated 23 percent over the past four years to its current estimated US$10.28 billion value. Shipping and handling of pharmaceutical products is a specialized process that requires care and expertise to ensure product safety and efficacy.
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The IMO – the International Maritime Organization – is an agency of the United Nations that is responsible for the safety and security of shipping, and the prevention of marine pollution by ships.
On January 1, 2020, the IMO is reducing the maximum allowable sulphur content of marine fuels (a.k.a. bunker fuel oil) from the current 3.5% to 0.5%. This is likely to impact the shipping supply chain – with respect to both cost and supply – as the industry prepares to meet the new requirements.
The process of clearing goods through U.S. customs can seem a bit cumbersome and confusing. In this blog, we’ll aim to clarify the legal requirement to use “reasonable care” when importing goods into the U.S.
