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DACHSER Singapore attains STP certification and upgrades bonded warehouse license

DACHSER Singapore has recently achieved certification under the Secure Trade Partnership (STP) by Singapore Customs, reinforcing its commitment to excellence in supply chain security and compliance. The company will also offer additional enhancement to customers with Licensed Warehouse Schedule Type II.

DACHSER Singapore attains STP certification and upgrades bonded warehouse license to Type II.

The STP certification stands as a testament to DACHSER Singapore’s dedication to implementing high standards of security and compliance measures, adhering to best practices within the logistics and supply chain industry.  With this strengthened collaboration with Singapore Customs, the company is committed to reinforce Singapore status as a key transshipment hub.

Moreover, the upgrade to Licensed Warehouse Schedule Type II allows DACHSER Singapore to store both dutiable and non-dutiable goods, and enables the company to offer value-added services.

By attaining the "Enhanced" level for the TradeFIRST assessment to qualify for the STP, DACHSER Singapore has strengthened its capability to provide expedited customs clearance in Singapore as well as in countries and regions with Mutual Recognition Agreements (MRA), including Australia, Canada, Chinese Taipei, Hong Kong, India, Malaysia, United States, and Vietnam. Under an MRA, Singapore and its partners recognize each other's standards and certifications, allowing goods and services meeting one country's requirements to be accepted in the other without additional testing, reducing costs for businesses.

“With the certification of STP, upgrade of bonded warehouse license to Type II, as well as the attainment of the “Enhanced” level, DACHSER Singapore reaffirms its position as a trusted partner in the global trade community and its dedication to exceeding industry standards,” said Kitty Teo, Managing Director of Air & Sea Logistics Singapore and Malaysia.

Reliable partner for contract logistics solutions

DACHSER Singapore enhances customer journey by providing integrated contract logistics solutions, spanning transport, warehousing, value-added services, and consulting. Coupled with the certification and recognition received, the company leverages cutting-edge technologies and advanced processes to drive efficiency, reduce lead times, and enhance the overall performance of customer’s supply chain. DACHSER Singapore remains dedicated to delivering a high standard of service quality.
DACHSER worldwide
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Contact Vernice Chu Communications Manager Asia Pacific
vernice.chu@dachser.com

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The International Chamber of Commerce (ICC) will soon release the new Incoterms 2020, providing certainty and clarity to businesses trading across borders. The new Incoterms will be effective as of January 1st, 2020.

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It is an acronym standing for international commercial terms. Incoterms is a trademark of the International Chamber of Commerce, registered in several countries.

The Incoterms rules feature abbreviations for terms, like FOB (“Free on Board”), DAP (“Delivered at Place”), EXW (“Ex Works”), CIP (“Carriage and Insurance Paid To”), which all have very precise meanings for the sale of goods around the world. These terms hold universal meaning for buyers and sellers around the world.

The main Incoterms changes that are being considered are:

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Hard Brexit: Important measures beforehand

Even though there are some movements in the negotiations between EU and UK, still the “No deal” Brexit at the October 31st, 2019 cannot be excluded.

The consequences of a withdrawal without a deal on 31st October, especially for the movement of goods to and from the UK, are well known. First and foremost, longer waiting times would be expected due to border controls and customs clearance of all goods in accordance with WTO rules.

DACHSER will take appropriate measures to ensure that all goods arriving/leaving the UK after 23.00 GMT (00.00 CET) on 31st October are cleared and taxed accordingly.

With this letter we would like to summarize again the most important points and measures to keep the effects and delays in delivery for our customers as low as possible.

In case of Hard Brexit, the following information and documents must be available for customs clearance before the goods are collected:

  • Consignment note
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  • Preference documents and other product-specific documents, only if possible and required

Please make sure that these documents contain the following information: Sender with EORI number, recipient with contact details, importer if different to recipient with contact details, sequential invoice number, Incoterms, number and type of packages, description of goods, country of origin, Taric code, value of goods, currency, gross/net weight.

Please pay attention to a high data quality of the information - the documents must fit definitely to the respective physical transmission.

If the documents are made available to us in electronic form, they should correspond to a resolution of 300dpi if possible.

In addition, we need the contact person for customs including the contact details of your consignee/importer (e-mail address) so that we can contact them in order to obtain the necessary customs power of attorney. We need these in order to be able to carry out the necessary customs clearance. Without the power of attorney we can not do the customs clearance.

Please do also note, that we also will need more detailed shipment information like number and type of packages, description of goods, value of the goods, if you have got shipments to Ireland via UK territory, as we will have to issue a transit procedure through UK. For the beginning we also recommend that you add a T2L to those shipments as we are not yet sure, if Ireland customs will accept T2 as a proof for goods in free circulation of EU after transit via UK. 

Within our eLogistics application the possible incoterms will be changed due to the customs. At the beginning only FCA/EXW or DAP are possible in eLogisitcs in order to ensure the process. Also the EDI information regarding the incoterms have to be adapted, the responsible person from your branch will contact you in order to align the necessary changes.

We ask for your understanding and cooperation so that DACHSER can make your flow of goods as efficient and trouble-free as possible in this exceptional case of hard Brexit.

The most important measures for preparation we have stated additionally in our Brexit checklist.

Please do not hesitate to contact your DACHSER branch if you have any further questions.

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