E-Flash Nbr 10 - 6 July 2010

New IATA Air Waybill Conditions of Contract effective 1 July 2010

 

This refers to previous information received from IATA during the AFI meeting of March 2010.

 

IATA Members have agreed to apply the liability limit under the Montreal Convention on a worldwide basis At the World Cargo Symposium held earlier this year in Vancouver, the IATA Cargo Services Conference (CSC) amended Resolution 600b, the Air Waybill (AWB) Conditions of Contract, to harmonize the application of the Montreal Convention liability limit for air cargo (19 SDRs per kilogram) across all routes worldwide. Having received the necessary government approval, IATA has declared the harmonized liability limit for transportation of cargo effective 1 July 2010.

 

On the following web-link of IATA you will find the New Resolution 600b for download:

 

http://www.iata.org/whatwedo/cargo/Pages/resolution600b.aspx

 

The transition to the new AWB should be implemented as soon as possible. Under IATA Resolution 600a, IATA Carriers are given the time until to their next AWB printing but in no event later than 18 months from the declaration of effectiveness to complete the transition. During the transition, they shall amend their Conditions of Carriage and notify their Trading Partners of the new changes under Resolution 600b with regards to the liability limits.

 

FIATA signs new Memorandum of Understanding with the World Customs Organisation (WCO)

On June 25, 2010 during the WCO Council Sessions signing ceremony in Brussels, FIATA President Jean-Claude Delen signed together with WCO Secretary General Kunio Mikuriya the newly agreed MoU. This to take on board today’s new opportunities and challenges of international forwarding and trading environment. The new MoU is to ensure that exchange of information provisions are reinforced to the greatest extent possible as sharing information is recognized as playing a key role in enhancing Custom-Supply Chain- and Trade operations and performance. 

 

European Community (EC) launches the European Customs Information (ECIP) web portal

Focussing on the effects of the entry into force of the Safety and Security Amendment to the EC Customs Code on July 1, 2009 a new web portal is publicly available as part of the European Commission’s EUROPA website. It is a forerunner to the comprehensive European Customs Information Portal foreseen at a later stage.

The first phase of the ECIP constitutes a single point of access to relevant and practical information on the application of the Safety and Security Amendment to the Customs Code and related procedures. It uses special animated customs scenarios to explain each step of the import, export and transit procedure in an easy way.

 

The following link will give you access to the European Customs Information Portal (ECIP): http://ec.europa.eu/ecip/

 

US Department of Treasury Expands Economic Sanctions against Iran

 

On June 16, 2010, the U.S. Department of the Treasury announced an updated and expanded set of designations targeting Iran’s nuclear and missile programs. The designations were made pursuant to Executive Order (E.O.) 13382 – which is aimed at freezing the assets of proliferators of weapons of mass destruction (WMD) and their supporters – and are the first set of measures by the United States implementing the recent U.N. Security Council Resolution 1929 (UNSCR 1929). UNSCR 1929, issued on June 9, 2010, calls for, among other measures, all states to take action to prevent their own financial systems and institutions from being abused by Iran. The Treasury’s full report identifies Iran’s continued use of its financial sector and the shipping industry to carry out and mask its ongoing proliferation activities. Accordingly, the Department of the Treasury made the following designations:

 

Post Bank of Iran; The Islamic Revolutionary Guard Corps (IRGC); individuals and entities with ties to Iran’s WMD programs; and five (5) Islamic Republic of Iran Shipping Lines (IRISL) front companies.

 

Pursuant to the designations all transactions involving any of the designees and any U.S. person are prohibited. Moreover any assets the designees may have under U.S. jurisdiction, including but not limited to US dollar wire transfers, are frozen. The Treasury designated IRISL, the national maritime carrier of Iran, in September 2008. The Treasury has now identified front companies established and controlled by IRISL, which have engaged in deceptive shipping practices and assisted IRISL in its attempts to avoid sanctions and to transfer arms-related material. The five (5) front companies of IRISL that were designated includes the following three (3) Iranian based companies: Hafiz Darya Shipping Company (HDS Lines); Soroush Sarzamin Asatir Ship Management Company, and Safiran Payam Darya (SAPID) Shipping Co. In addition, two (2) Hong Kong based companies affiliated with IRISL, Seibow Limited and Seibow Logistics Limited, were also designated. Furthermore, the Treasury identified 27 new vessels as blocked property due to their connection to IRISL and updated the name entries for 71 IRISL vessels which have already been blocked. The full list of vessels that have been identified as blocked property and their accompanying IMO numbers can be found here:

 

http://www.treas.gov/press/releases/docs/IRISL%20Vessel%20List.pdf

 

New INCOTERMS 2010

The text of the INCOTERMS 2010 rules has meanwhile been finalised, but not yet approved. This is expected to be done by the ICC Executive in September 2010. First Master Classes are scheduled to be held in Paris from 28 to 29 September 2010.

 

http://www.iccwbo.org/events/id34191/index.html

 

6 July 2010 

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