Re:  Speculation over China’s final implementation of Circular Caishui 37’s (“Circular 37”) 6% VAT and how it will be applied. Circular 37 is a proposed tax policy which includes VAT on the “transportation and modern services sector” and which was jointly issued by the Ministry of Finance (MOF) and the State Administration of Taxation (SAT) […]

The International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) have finally come to an agreement on a six-year contract for East and Gulf Coast dockworkers. This agreement is the culmination of nearly a year’s worth of difficult on-and-off negotiations between the two groups. The ILA’s wage scale committee recommended ratification by the […]

We would like to inform you about the current status of a labor strike at the Hong Kong International Terminals (HIT). HIT, which has a 70% market share in terms of port handling volumes, operates five terminals out of a total 9 berths (with 16 deep water ship berths) at the Kwai Chung Terminal Port […]