PSA BDP Blog

Welcome to the PSA BDP Blog. Penned by our team of experts across the globe, this is your source for the latest insights and commentary on industry trends, top news headlines, and PSA BDP happenings. Check back often for updates!

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industry insights

In June 2022, the Ocean Shipping Reform Act (OSRA) took effect, and this new regulation provided the Federal Maritime Commission (FMC) with some new tools to monitor shipping activity in the United States. One of the important items that impacted shippers was the process that involved the billing of Demurrage and Detention. Learn more from Michael Ford, our Vice President, Government and Industry Affairs.

industry insights

The Bureau of Industry Security (BIS) issued a final rule on September 15, 2022, that imposes new export controls against Russia and Belarus by adding lower-level items that could potentially be used for chemical and biological weapons production capabilities. Learn more from Michael Ford, our VP of Government and Industry Affairs.

industry insights

One of the requirements of the recently issued OSRA was to try to define the meaning of Unreasonable Refusal to Deal or negotiate to vessel space accommodations. Learn more from Michael Ford, our VP of Government and Industry Affairs.

regulatory compliance

The UK Government will be transitioning to an updated customs processing system that uses updated software, and single-use data elements allowing improved data accuracy. The new system is in line with the Union Customs Code (UCC) rules, which aims to standardise and streamline customs procedures. Alison Bowman, Director of Customs and Compliance outlines what key steps importers need to take to ensure alignment with the updated system.