In this week’s Roar, we have the world’s first autonomous 7MWh electric cargo ship, Maersk’s $1.4B investment in 8 new carbon-neutral vessels, record-breaking supply chain disruptions, stretched U.S. inland transits, and a looming UK customs regime for exports. As the industry races to address its part in the rise of global greenhouse gas emissions, companies like Norwegian-based Yara International are quickly making a name for themselves as leaders of the search for sustainability. According to electrek, the company “claims to have created...

Tax - the elephant in the room on President Macron's visit to Dublin Yesterday, French President Emmanuel Macron was welcomed to Ireland on his first official visit to the State since taking office in 2017. The day commenced at Áras an Uachtaráin where the President was welcomed by President Michael D. Higgins and where he noted Ireland’s place “at the heart of the European dream.” The President then travelled to Government Buildings for a working lunch with the Taoiseach Micheál Martin. Keep...

Introduction The Government’s advice surrounding non-essential foreign travel changed on 19 July 2021.  While staycations are more common than ever before, foreign holidays are back on the agenda. The new advice is to travel safely and in accordance with the latest public health guidance. As restrictions ease and with some businesses starting to plan a staggered return to the workplace, it will be challenging for employers to navigate employees returning from holidays abroad this summer. This is made more difficult...

From worsening port congestion, to the Long Beach Container Terminal expansion, to the Port of Ningbo’s phased reopening, to post-Brexit trade imbalances, to DFW Airport’s new infrastructure plans, it’s time for The Weekly Roar. Increasing port congestion at Asian and North European terminals on both sides of the tradelane is quickly diminishing any remaining hopes of seeing a recovery in global carrier schedule reliability any time soon. According to The Loadstar, “Asia-North Europe loops with a pro-forma round-trip transit time of around...

The International Property Tax Institute (IPTI) was commissioned by the Property Valuation Services Corporation (PVSC) of Nova Scotia, Canada to carry out research into the potential that artificial intelligence (AI) offers in relation to the preparation of valuation assessments for property tax purposes. IPTI’s research culminated in the preparation of a White Paper entitled “The Potential of Artificial Intelligence in Property Assessment” which has been peer reviewed by a panel of eminent international experts and is now being published for...

The OECD recently issue a Statement on a “Two Pillar Solution to Address the Tax Challenges Arising from the Digitalisation of the Economy”. The OECD/G20 Inclusive Framework, agreed to by more than 130 countries is the OCED’s and G20’s vision for the international tax future. There are two aspects (referred to as “Pillars”): Pillar One - A fairer distribution of profits and taxing rights via reallocation to markets where certain large multinational enterprises (“MNE’s”) have business activities and earn profits,...