News
All news
Dealing with Cargo Shortage Claims in Algeria
Budd Algiers provides guidance on cargo shortage claims in Algeria.
Ghana Bans Stowaway Disembarkation in both Tema and Takoradi
Budd Ghana advises that Takoradi Port Authority has now decided to follow the example of Tema and ban the disembarkation of non-Ghanaian stowaways in its port, rather than inflicting the US$ 1,000.00 fine for each stowaway disembarked that was announced to local ship agents on 30 April 2016.
Stowaway Measures in Abidjan (Ivory Coast) and Ghana – Update
Budd’s Ivory Coast and Ghana offices have obtained further clarifications regarding the implementation of the anti-stowaway measures announced on our website on 2 May.
Budd Tunisia Recommends Cost and Freight Free Out Clause
Following a Court of Cassation cargo claim victory, Budd Tunisia proffers advise to vessels delivering bulk grains to the Office des Ceréales.
New Stowaway Measures in Abidjan
In a circular signed by the Managing Director of the Port of Abidjan, local ship agents were advised that as of 1 May 2016, two new anti-stowaway measures apply:
New VAT Regulations for Vessels in France
On 1 January 2016, as announced in the Bulletin Officiel des Finances Publiques-impôts of 12/05/15, French tax law made it mandatory for all companies wishing to exonerate services to a vessel from VAT in accordance with article 262, II-2, 3, 6 and 7 of the French General Tax Code, to obtain signed affidavits from the said vessel stating that it is
Gambia: New Stowaway Measures
Budd Gambia reports that at the 6 January berthing meeting in the port of Banjul, it was announced that in the interest of safety of both stowaways and the Government officials involved in their in disembarkation, the following measures would apply with immediate effect:-
To our Clients
Wishing you all the very best for the forthcoming holiday season and the year to come.
Port of Matadi (DR Congo) to Expand
The Philippine cargo handling company, ICSTI, is currently building a new mixed cargo terminal upstream of the port of Matadi in the Democratic Republic of Congo. This facility should be operational in August 2016. The terminal will handle containers, breakbulk, trucks and cars, as well as heavy and voluminous packages. The terminal will include a 1.5 km quay bordering a terrain of 50 hectares.
New Record for the Port of Cai Mep-Thi Vai (Vietnam)
On 29 October, the deep water port of Cai Mep-Thi Vai was proud to welcome the largest vessel to ever call in a Vietnamese port – the 160,000 MT CSCL Star container ship.