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Vedder Price

Global Transportation Finance Newsletter | April 2025

Vedder Price on

1. Remember Basic Import Rules when Calculating Tariffs 3. Taking Off: Financing the eVTOL Revolution 5. Court Decides Lessee’s Failure to Engage Won’t Fly 7. In Discussion with Molly McCafferty 9. The Mouse That...more

Benesch

China Maritime Section 301 Investigation - Public Comments Due Next Week

Benesch on

Domestic U.S. shipping interests are closely monitoring a United States Trade Representative (“USTR”) proposal for import and export trades involving Chinese vessels. The proposal’s extraordinary service fees and restrictions...more

Venable LLP

2025 Preview: New Year Brings New Chairman at the FMC and Notable Developments for Shippers, OTIs, Carriers, and Others to Monitor

Venable LLP on

This advisory alert is part of an ongoing series from Venable regarding noteworthy developments in trade laws expected in 2025....more

Eversheds Sutherland (US) LLP

Services ban and EU import ban come into effect for seaborne Russian petroleum products

On February 5, 2023, the G7 announced that the “price cap” on western-backed seaborne trades of Russian-origin petroleum products to third countries would be set at $45 per barrel ($45/bbl) for Discount to Crude petroleum...more

Braumiller Law Group, PLLC

[Webinar] Agricultural Cargo Security Is In Your Hands - January 24th, 9:30 am - 10:30 am CST

In this one-hour training, you'll learn how to exercise the power you have to help secure our nation's supply chain across all modes of transportation and types of cargo. Even those not participating in the CTPAT program need...more

Ballard Spahr LLP

Supply Chain Disruptions with Special Guest Chris Mills, CEO of Lion Brand Yarn

Ballard Spahr LLP on

This episode is part of our series “Supply Chain Disruptions,” in which we explore how supply chain issues are affecting businesses everywhere, and when the flow of goods and services may settle into a new normal. This...more

Benesch

Emerging Trends for Ocean Service Contract Bid Season

Benesch on

Beneficial cargo owners have faced well-reported challenges in recent bid seasons. Two plus years of global pandemic unleashed supply and capacity interruption, carrier lane divergence, and an explosion in rates as well as...more

Akin Gump Strauss Hauer & Feld LLP

Commerce Publishes Final Revised AD/CVD Regulations

Key Points - On September 20, Commerce published in the Federal Register updated regulations affecting its administration of new shipper reviews, scope inquiries and circumvention inquiries. The new regulations go...more

Morrison & Foerster LLP

Following U.S. Lead, UK Office Of Financial Sanctions Implementation Issues Maritime Guidance

Much of the world’s focus is on the COVID-19 pandemic, and rightfully so, but sanctions regulators also have their gazes fixed on another issue: the maritime industry. On May 14 2020, we saw the U.S. Departments of State and...more

Jones Day

Singapore Encourages Investment Toward Decarbonizing Shipping - Part of the Jones Day Carbon Disruption series.

Jones Day on

The Situation: Currently, around 90% of world trade is by sea. International shipping accounts for between 2% and 3% of global greenhouse gas emissions, but like aviation, the sector's emissions are not covered by the 2015...more

Akin Gump Strauss Hauer & Feld LLP

U.S. Sanctions Compliance Guidance Released for the Global Maritime, Energy and Metals Sectors

- On May 14, 2020, OFAC, the Department of State and the U.S. Coast Guard jointly released guidance for persons involved in the maritime industry regarding common deceptive shipping practices used to subvert U.S. and United...more

Hogan Lovells

Impact of the Coronavirus outbreak on International Trade Involving China

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With the novel coronavirus (2019-nCoV, the "Coronavirus") spreads globally at alarming speed some countries have responded to the crisis by taking measures such as restricting or denying importation from China and requiring...more

Sullivan & Worcester

The ICC publishes Incoterms 2020

Sullivan & Worcester on

On 10 September 2019, the International Chamber of Commerce (ICC) issued a much anticipated set of revisions to the Incoterms – the international commercial terms published to clarify the obligations of buyers and sellers in...more

Husch Blackwell LLP

Ocean Transportation Intermediaries’ U.S. Regulatory Scheme: European Ocean Freight Forwarders And Freight Pricing

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In the last year or so, it has become clearly evident to us that ocean carriers are treating European and other forwarders differently than how they deal with U.S. forwarders, creating a distinctly competitive disadvantage...more

Spilman Thomas & Battle, PLLC

Currents - Energy Industry Insights - May 2019 #2

New Sulfur Caps for Shipping Fuels Will Help Make the Shale Boom Even Bigger "Now the shale revolution will help shippers across the world comply with the International Maritime Organization's 2020 standards, called "IMO...more

White & Case LLP

Africa Focus: Spring 2019 - Sustainability in Africa's maritime industry

White & Case LLP on

Africa has an opportunity to lead on environmental and social global best practices - Some of the most important global sea lanes pass the continent of Africa. Major routes navigate the Cape of Good Hope between the Atlantic...more

Troutman Pepper Locke

OFAC Advisory to Maritime Shipping Industry

Troutman Pepper Locke on

On September 20, 2018 the U.S. Treasury Department’s Office of Foreign Assets Control (“OFAC”) issued “OFAC Advisory to the Maritime Petroleum Shipping Community” to alert the shipping industry participants, including...more

Benesch

Letters of Credit – Avoiding Supply Chain Interruptions

Benesch on

Letters of Credit (LOCs) have long been used to minimize the financial risk of international purchase agreements. Sellers and buyers may agree to use LOCs to ensure that goods are received and payment is remitted as intended....more

Akin Gump Strauss Hauer & Feld LLP

The New United States-Mexico-Canada Agreement (USMCA) Raises Canada’s and Mexico’s De Minimis Thresholds, but the Reciprocal...

• The new United States-Mexico-Canada Agreement (USMCA) would increase Mexico’s and Canada’s de minimis thresholds for express shipments to $117 USD and $150 CAD for duty-free entry, respectively, and $50 USD and $40 CAD for...more

Buchalter

The Impacts of South Korean Hanjin Shipping Co Ltd. Filing for Court Receivership

Buchalter on

South Korea’s Hanjin Shipping Co Ltd. filed for court receivership on Wednesday, August 31st in South Korea after losing the support of its banks, setting the stage for its assets to be frozen as West Coast ports deny access...more

Zelle  LLP

Insurance Chain Reaction from the Tianjin Port Explosion

Zelle LLP on

The recent Tianjin port explosion, like the 2011 Japanese earthquake and Thai floods, will lead to massive supply chain disruption. The impacted area included a high concentration of multinational and technology companies....more

Morgan Lewis

US Government Further Relaxes Trade Restrictions with Cuba

Morgan Lewis on

However, the new transaction rules leave the embargo largely in effect. Early this week, the Department of the Treasury’s Office of Foreign Assets Control (OFAC) and the Department of Commerce’s Bureau of Industry and...more

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