The
requirement calls for advanced or pre-filing of export/import/transhipment
cargo information, under what the authority calls a revised “free trade zone
(FTZ) regime that was implemented in March 2024.”The FTZ regulations require cargo interests to submit import cargo
information on long-haul trades 12 hours prior to each vessel’s arrival at
berth in Singapore Port and for short-haul trades, this requirement must be
done not later than the vessel’s departure from the port.
For
export cargo, submissions will need to be filed within 24 hours after the
vessel’s departure from the port.Non-compliance
would mean significant penalty and other implications for ship agents, which
ultimately trickle down to the cargo owners.
“Singapore
Customs will review the cases of missing, late, or inaccurate submission of B/L
(bill of lading) data on a case-to-case basis, to determine the reasons for
non-compliance and the appropriate penalty to be imposed,” Hapag-Lloyd said in
a customer advisory.
The
carrier also noted: “If any shipping agent, without reasonable excuse, fails to
comply with the specified requirements of this circular pertaining to the
submission of information under Section 14N(2) of the Act, it shall be guilty
of an offence under Section 14N(3) of the Act, and shall be liable on
conviction to a fine not exceeding SGD 10,000 or to imprisonment for a term not
exceeding 12 months or to both.”
According to industry observers, any
regulatory reforms with time-definite compliance requirements could prove to be
painful for service providers, given the complexity of global supply chains and
the amount of data management typically involved.According to the latest indications, the implementation is targeted for
31 August, after a series of deadline extensions.
But industry groups are still working
with customs and other related agencies on fixing many unsettled pain points. For example, the Chennai and Ennore
Ports Steamer Agents’ Association (CHENSAA) last month raised several
operational hiccups their members had to deal with.