Enrico Vergani’s Post

Join Our Upcoming Webinar on COUNTRY OF ORIGIN this Aug 1st at 9:00am PST. 📅 Don’t miss out! We’ll Dive into compelling discussions on crucial topics as: - Country of Origin Rules. - Country of Origin marking and labeling requirements. - Impact of Origin for additional duties/rules. - Impact of Origin on duty reduction/ exemptions. - Recommended trade best practices and controls to increase compliance and mitigate risk. Register here: https://lnkd.in/eiHjS-uP #jdgroup #jdlife #webinar

Our data has been featured in a compelling article on the 'The Maritime Executive', shedding light on the ongoing Red Sea Crisis and its legal implications for the shipping industry. The insightful discussion by Rosie Goncare and Reema Shour from Hill Dickinson addresses crucial aspects for shipowners and carriers. 🚀 Explore the article here: https://lnkd.in/eNyvEPcM 💡 How can Pole Star Global support you in navigating such challenges? Our PurpleTRAC solution is designed to empower ship owners and the wider trade industry with cutting-edge insights and actionable data. 🌐 Learn more about PurpleTRAC: https://lnkd.in/egykXjp 🌊 The Red Sea attacks pose serious challenges, from disrupting global supply chains to legal implications for the shipping industry. It's imperative for stakeholders to stay informed and prepared. #SeaClearly #PoleStarGlobal #MaritimeExecutive #PurpleTRAC #ShippingIndustry #DataInsights #NavigatingChallenges #RedSeaCrisis #SupplyChain #LegalImplications

On February 7, 2024, the Federal Maritime Commission (FMC) held an informal public hearing to examine the impacts on shipping and supply chains from current conditions in the Red Sea and Gulf of Aden regions. The hearing included perspectives from various stakeholders, including shippers, ocean carriers, and ports. #FMC #RedSea #Disruption #SupplyChain #OceanFreight

The recent tragedy at the Francis Scott Key Bridge underscores the critical importance of safety in international #logistics. Discover the implications for global trade and how #CoppersmithGlobalLogistics is handling these challenges. #GlobalTrade #SupplyChain #FrancisScottKeyBridge

We are calculating that 80% of the costs of the Red Sea crisis regard neither shipping (deviations) nor ports; rather, they concern the inventory (holding) costs of traders, i.e., the users of transport and port services. Our preliminary estimates put the total cost of the disruption to global trade at the neighborhood of $200bil/year (watch out for forthcoming MEL Editorial with Theo Notteboom and Kevin Cullinane).

Navigating the Aftermath: The Impact of the Francis Scott Key Bridge Incident The collision of the container ship MV Dali with the Francis Scott Key Bridge in Baltimore has thrust the maritime industry into turmoil, disrupting trade routes and port operations worldwide. As the fallout from this tragic event unfolds, the global supply chain faces unprecedented challenges. Manufacturers, shippers, and logistics experts grapple with the implications of the Port of Baltimore’s closure, navigating longer shipping times and logistical hurdles. Amidst this uncertainty, FATS emerges as a beacon of support, offering expertise in insurance claims, cargo liabilities, and logistical solutions. Read more below

To grasp the geopolitical gravity of asymmetric combat methodologies, 4 of the 5 largest container shipping companies in the world, cma cgm, Hapag-Lloyd, Maersk and msc, have interrupted or suspended their services in the Red Sea. Together these four companies account for 53% of the world container trade. All this due to attacks via UACs of 200,000$ each. To understand the geopolitical gravity of asymmetric combat methodologies, 4 of the 5 largest container shipping companies in the world, cma cgm, Hapag-Lloyd, Maersk and msc, have suspended or interrupted their services in the Red Sea. Together these four companies account for 53% of the world container trade. All this due to attacks via UACs of a maximum of $200,000 each.

Conflicting requirements set down in the Basel and Hong Kong conventions on scrapping could leave shipowners in inadvertent breach of one or the other set of rules. Read more in our article here: https://lnkd.in/ecXvatys

WEBINAR: 16 Jan - Trouble at Sea: the legal implications of the Red Sea attacks The attacks on vessels in the Red Sea has meant major disruption to the shipping sector and supply chains as vessels avoid this critical arterial route for trade. What are the legal implications of the situation for shipowners, charterers and cargo interests? Quadrant Chambers’ John Russell KC, Thomas Macey-Dare KC-Dare KC and Joseph Gourgey discuss the following issues along with guest panellists Marie Kelly, Vice President, Defence Global at Gard AS, and Victoria Mitchell, Analyst at Control Risks. They will consider the following: - The geopolitical background, the current risks to shipping, and how the situation may develop in the coming weeks and months - The legal framework, including usual and customary route, compliance with charterers' employment orders, lawful deviation, Article IV(4) of the Hague Rules, and frustration - The BIMCO war clauses - Conwartime and Voywar - and the decisions in The Triton Lark and The Paiwan Wisdom - Practical advice and recommendations for shipowners and charterers To register please click the first link in the comments. #redsea #shipping #webinar