We live in a fast-evolving society, where technological advancements have been exponential. Such advancements result in significantly transformed or developed products which are vastly different to earlier versions. These advancements are not always catered for by the Harmonised System Nomenclature ("HS") and its corresponding Explanatory Notes ("EN"), which often need to be amended to provide for new or advanced products.
A subject which has often arisen for discussion at the monthly meetings of the Richards Bay branch of the Society of Master Mariners is how the port would deal with a major calamity such as a passenger liner running aground.
Those operating within the South African customs and/or excise sphere will know that the Customs and Excise Act 91 of 1964 (“the Act”) requires importers and their agents to self-regulate.
In the current climate with taxpayers having to juggle, amongst other things, the devastating effects of Covid, with the unforeseen losses of the civil unrest, it may be that some could find themselves in a difficult position to deal with expected and unexpected tax liabilities.
Richards Bay Minerals (Pty) Ltd (“RBM”), a subsidiary of Rio Tinto, has suspended its dune mining operations at Richards Bay for an indefinite period having declared force majeure on customer contracts.
Imagine a well-developed Port not having facilities for the launching of pleasure craft such as ski – and bay boats nor moorings for yachts and larger sport fisher vessels.
Africa Ports & Ships Newsletter has today reported that the project to establish a ship repair facility including a floating dock at Richards Bay remains on track.
Local online trade newspaper Africa Ports & Ships Newsletter has reported that SA’s first coastal bunker barge, AMBER II, is in operation at the port of Richards Bay.
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