Customs news: latest

Global economic recession concerns and an oversupply of crude oil are placing pressure on prices.

Aurora CE Chris Urmson said he travelled in the back seat during the inaugural journey.

The challenge is that demand for the product has slowed, with almost 1.2m fewer carcasses sold locally in 2023 than in 2016.

Growers forecast a rise in demand despite US tariff uncertainty and ongoing EU phytosanitary barriers.

No duties apply because we can't place import duties on equipment we don't produce. – Wandile Sihlobo.

The de minimis change is going to disrupt the market, and we’ll see its impact this month. – Xeneta.

At 130 metres in length, Hull 096 is the largest electric vessel of its kind ever built.

The strike destroyed a Russian Su-30 fighter jet mid-air in a historic first for UAVs.

The vessel was intercepted near the Port of Reni as it was reportedly en route to the Turkish port of Gemlik.

The brownfield development site spans 145 hectares in the Maydon Wharf precinct of the port.

The container terminal will be able to accommodate post-Panamax vessels of up to 366 metres in length.
 

Last year, growth decreased to 5%, mainly because of political unrest following disputed elections.