18 international trade
New ocean carrier bears ‘Southampton‘ name
The APL Southampton, with a capacity of 10,700 TEU, made her inaugural visit to DP World Southampton‘s container terminal and the first visit to the UK.
She is the third in a series of 10 new vessels of this size being delivered for the global container carrier. Mayor of Southampton Derek Burke, who has strong links with the shipping industry as a worker for a local stevedoring company, presented a commemorative plaque on board.
Managing director, DP World Southampton, Chris Lewis, said: “We‘re proud to welcome the APL Southampton on her maiden call to the port city of her name, a name that will be borne across the world‘s largest trade route. It is only because of ocean carriers, such as the APL Southampton, that many of us are able to enjoy goods, from clothing to the flat-screen TVs, desktop computers and kitchen fridges.
“APL is an important customer to us and we look forward to providing the most productive service in the UK of any container terminal, with a seamless transition of goods for Britain‘s importers and exporters.“
The APL Southampton, which is 347 metres long and 19 containers (45 metres) wide, sails on a loop of the G6 Alliance encompassing: Southampton, Hamburg,
Rotterdam, Singapore and Ningbo, South China.
APL, one of the world‘s largest container carrier lines, recently received the US Coast Guard‘s highest award for excellence in marine environmental protection, due to investment in green technology and a target to reduce carbon emissions by nearly a third by 2015.
Avoid customs delays with an EORI
Accountants and business advisers James Cowper is warning that importers and exporters dealing with countries outside the European Union are required to obtain an Economic Operator Registration and Identification (EORI) number.
The consequences of not having an EORI can be far-reaching. Without one goods are held by customs, often causing significant supply chain delays, yet the system which was introduced three years ago is often misunderstood or overlooked.
Ruth Corkin, head of VAT services at James Cowper, explained: “EORIs are an EU requirement and crucial for all communications with any EC customs authorities. Obtaining one is straightforward and usually only takes 48 hours but it‘s surprising how commonly businesses overlook the need to register.“
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Exporting is a critically important way for companies to succeed and grow in today’s tough economic climate. As one of the UK’s top 10 accountancy firms and with an international capability in over 100 countries, Smith & Williamson can help growing businesses through our global network. We provide a wide range of services to help growing businesses achieve their international goals and have an enviable record of success.
To find out how we can help, please contact one of the international specialists in our Southampton office on 023 8082 7600 Chris Appleton Andrew Edmonds Rebecca Combes
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www.businessmag.co.uk THE BUSINESS MAGAZINE – SOLENT & SOUTH CENTRAL – JULY/AUGUST 2012
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