LaserLink May06

Information about LaserLink May06

Published on February 14, 2008

Author: Demetrio

Source: authorstream.com

Content

Slide 1: May 2006 Issue visit us @ www.lils.co.za In this issue : Positive move to ease road congestion at Durban terminal Gama outlines Spoornet’s Eastern Cape plans German delegation visits Eastern Cape US/SACU free trade deal pushes ahead Latest figures on commercial vehicle exports New sea loop on West Africa trade SAA to offer daily flights to Washington WTO forecasts 2006 global export growth at 7% What’s wrong with Spoornet’s service? Security association plans SA visit About those Incoterms…….Ex Works. After a wait of 20 years the R100-million to build the Congella bridge in Durban has finally been approved in a joint project between the National Ports Authority (NPA) and the eThekwini (Durban) municipality.This is expected to improve accessibility into the area and relieve congestion on Bayhead Road and South Coast Road. Spoornet is planning to increase from 20-40% its share of container traffic carried from East London inland by 2010, CEO Siyabonga Gama told delegates at the Eastern Cape transport summit held in East London recently.Investment in Eastern Cape rail corridors is a “strategic imperative for South Africa, said Gama, and Spoornet was targeting growth in rail’s share of both the container and bulk markets on the inland routes. A delegation of 20 German business people visited the Eastern Cape strengthening already established ties with the region.About 10 500 new jobs have been created in the region since the province entered into a partnership with Lower Saxony, one of Germany’s largest states, 11 years ago, said Christian Wulff, premier of Lower Saxony during his first visit to the province.“Many companies from Germany including Volkswagen, Daimler Chrysler, and Steinhoff have made investment in the province in order to create jobs,” he said. His federal state and Eastern Cape have set up joint projects in the fields of education, health and vocational training.He appealed for close co-operation on issues concerning the 2010 World Cup.The partnership between the Eastern Cape and lower Saxony was established in 1995. Deputy US trade representative Karan Bhatia has met with senior officials from the member countries of the Southern African Customs Union (SACU) – SA, Botswana, Lesotho, Namibia and Swaziland.. Bhatia said the US remains committed to concluding a comprehensive free trade agreement (FTA) and, in the near term, to strengthening the US-SACU trade and investment partnership in concrete ways. According to Bhatia, discussions focused on the best way to move forward on the FTA and how to build on and improve the trade partnership. To that end, the US and SACU have agreed, subject to approval by ministers, to establish a framework through which the parties will remain vigorously engaged in growing and deepening their relationship.  According to the latest figures from the National Association of Automobile Manufacturers of SA (Naamsa), SA exported 4 797 light commercial vehicles(LCVs) in March, and 11 445 for the first quarter. In medium commercial vehicles (MCVs) the total export for March was 4 units with 9 in the first quarter; for heavy commercials (HCVs) the figures were 5 and 15; for extra heavies (EHCVs) 10 and 15; and for buses 10 and 15. LaserLink . . . Pg. 2: May 2006 Issue visit us @ www.lils.co.za . According to the latest issue of BRS-Alphaliner, Maersk Line and Safmarine are understood to launch an additional relay loop between Algeciras and West Africa, covering Dakar, Lome, Pointe Noire, Libreville and Takoradi (WAF 9). Previous experience indicates that four or five ships of 1 400-2 200-TEUs will be used. SAA has announced that it is closing its daily service to Atlanta’s Hartsfield-Jackson International Airport and upgrading the current four flights a week to Washington-Dulles International Airport to a daily service. It will have a brief stop in Dakar, Senegal - offering a connection to other points throughout West Africa.On these flights, SAA will introduce its flagship Airbus 340 aircraft - replacing the Boeing 747-400. The World Trade Organisation (WTO) reported that exports in goods increased by 6% in 2005 (in real terms) and estimated they would rise by 7% in 2006. The surge in the price of oil and metals helped the share of fuels and mining products to reach 16% of global trade last year, according to the UK’s Economist, its highest for 20 years.  Spoornet has invited its customers, through the medium of FTNow, to submit any suggestions that would help to improve its service.If you’re dissatisfied with the service currently on offer and if you have any constructive ideas, send them to [email protected] They will forward them to Spoornet’s strategy division and provide their feedback. South Africa’s poor security record has attracted the interest of the Technology Asset Protection Association (Tapa), which is keen to play a role in raising security standards in the country.Established several years ago by 20 global high tech companies, including Apple, Ericsson, Dell, Hewlett-Packard, Nokia and Samsung, its objective is to effect positive change in the security practices of the freight and insurance communities.A delegation is expected in South Africa on May 15 to discuss its concerns and suggestions with the main players. Incoterms 2000 – It is not recommended that the following interpretation of the terms is used commercially. This interpretation is provided as a guide only. EXW (Ex Works) – represents the minimum involvement of the seller and the maximum involvement of the buyer in the movement of the goods from the point of ‘works’. The statement ‘EXW’ must be qualified to give the address of the ‘works’, which may be a factory, site or warehouse etc. Care should be taken to note that the actual point of manufacture might well vary from the place where the seller operates their commercial undertaking. Under Incoterms 2000, risk and responsibility pass from the seller to the buyer when the cargo is made available on the ground at the ‘works’, at or on the agreed future date or future time, uncleared through customs. The seller must give advance notice of availability (how much notice would have to be predetermined e.g. through the sales contract). This point is important as the buyer assumes liability for all risks from the time of availability on the ground and is therefore exposed from that moment up to the event of collection. During this period, the buyer is liable for all risks to the cargo, even though they are not yet under the buyer’s physical control, and this is further aggravated by the fact that the goods are generally uninsured throughout this period too. The buyer and seller should only consider EXW when the buyer can actually arrange the customs clearing prior to export and for the immediate collection of the cargo on availability. The seller should note that the export of the goods is NOT guaranteed under EXW and the buyer may, for example, may opt to keep the goods in the country of origin. Although EXW is a popular term it remains complex.EXW is rarely compatible with documentary credits (for example.) – and the term FCA often offers a more manageable alternative. Should you have any enquiries please contact Jenny Iyer : [email protected] tel.(+27) (031) 465 0577. The views and opinions expressed in these articles are those of the Authors and not necessarily those of Laser Logistics (Pty) Ltd or the Laser Group (Pty) Ltd, unless specifically indicated. While everything possible is done to ensure the accuracy of the information in this issue, which is believed to be correct, neither Laser Logistics (Pty) Ltd nor the Laser Group (Pty) Ltd, may be held responsible for any errors. . . . Pg. 2

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