Twenty-six shipping lines are now signed up with Container Ledger Account (CLA), an online system that aims to simplify and speed up container deposit refund, says an article published on Indian shipping news website.
Summary
- 26 shipping lines have signed up with the Container Ledger Account (CLA).
- CLA now has 457 subscriber consignees/freight forwarders and 596 customs brokers, container freight station, and warehouse operators.
- CLA is an alternative solution to simplify container deposit management.
- The system began pilot-testing in the Philippines in December 2021.
- The Department of Transportation and Department of Trade and Industry endorsed the system.
- CLA has been implemented since 2018 in Malaysia.
- CLA can help manage container deposits online or replace the deposit with a one-time security payment.
New Signatories
Twenty-six shipping lines have recently joined the Container Ledger Account (CLA), an innovative online system designed to streamline and expedite container deposit refunds. Among the latest entrants are notable companies like MSC Mediterranean Shipping Company Philippines, Inc., Avisa Container Lines, Elan International Sdn. Bhd., Fesco Ocean Management Hong Kong Ltd., Pan Ocean (Standard Liner Agencies), and Wosun Logistics (Shanghai) Co. Ltd.
Comprehensive List Of Participating Shipping Lines
The list of shipping lines now utilizing CLA includes prominent names such as BLPL Singapore, CK Line, Concorde Container, COSCO Shipping Lines (Phils.) Inc., Eagle Express Lines, Inc. (RCL South Phils.), Federated Cargo Line, Hyundai Merchant Marine (Philippines) Co. Inc., KMTC (Phils.) Corp., Kyowa Shipping Lines (Skybest Logistics), Lancer Container, Macro Ocean Philippines, Inc., MBF Carpenters, Namsung Shipping (Southern Star Agencia Maritima, Inc.), New Zealand Line, Oceanus Container, OOCL Philippines, Inc., RCL Feeders Phils., Inc., Samudera Shinning, Sarjak Container Lines, and Sinotrans (Uni-ship).
Growing Network Of Subscribers
CLA has achieved a significant milestone with 457 subscriber consignees/freight forwarders and 596 customs brokers, container freight station operators, and warehouse operators joining the platform.
Background And Endorsement
The CLA system, introduced as an alternative and voluntary solution for container deposit management, underwent pilot testing in the Philippines starting December 2021. The Department of Transportation and Department of Trade and Industry have endorsed the system, encouraging members of the Association of International Shipping Lines (AISL) to participate. AISL, consisting of 36 global container liners operating in Philippine ports, has been urged to adopt CLA as a viable solution to the persistent challenges related to container deposits.
Collaboration With D&D Control (M) Sdn Bhd
AISL, in collaboration with Malaysia-based D&D Control (M) Sdn Bhd, sought an alternative solution to address the prolonged issue of container deposit returns in the Philippines, leading to the establishment of CLA Philippines. Drawing from the successful implementation of CLA in Malaysia since 2018, where similar challenges were addressed, this approach is expected to bring positive outcomes to the Philippine maritime industry.
CLA’s Impact On Efficiency And Competitiveness
CLA aims to reduce procedural complexities, save time, and minimize costs, fostering increased competitiveness. The system seeks to create a level playing field for both large and small to medium-sized organizations. Additionally, it aims to alleviate the administrative burden on shippers who traditionally have to navigate multiple documents to reclaim their container deposits from various shipping lines.
Flexibility And Streamlining Container Deposit Management
CLA provides users with the option to manage container deposits online or opt for a one-time security payment, offering flexibility in handling deposit-related transactions. The overarching goal is to simplify the container deposit process, promoting a more efficient and accessible system for all stakeholders involved.
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Source: indian shipping
