Final Marine Order 42 and “verified gross mass” of containers
Further to our briefing published in May 2016, the Australian Maritime Safety Authority (AMSA) has now published the final version of the Marine Order 42 (Carriage, stowage and securing of cargoes and containers) 2016 (Marine Order 42 2016) adopting the amendments to The International Convention for the Safety of Life at Sea (SOLAS) which require shippers to provide a verified gross mass (VGM) for containers.
HFW has worked with research group ExplaintheMarket to identify the three most important trends in a global economy. The research highlights three economic trends where political will, investor confidence and opportunities for new partnerships all converge.
Indonesia: what’s new? The Indonesia 2016 Negative List
Further to the announcement of a series of Economic Stimulus Packages, the Indonesian Government has finally enacted the new foreign investment negative list (2016 Negative List), setting out business activities that are either entirely closed, open and conditionally open to foreign investment.
Amid continuing frustration at the activities of North Korea, including allegations of a link between North Korea and cyber attacks against banks in Bangladesh and elsewhere which resulted in the theft of more than $80 million, the EU and US have now imposed still further sanctions against North Korea.