Hapag-Lloyd Awarded AEO Certificate Providing Faster Customs Clearance

Logistics Insight Asia - Industry News, 26/8/2008

Hapag-Lloyd Awarded AEO Certificate Providing Faster Customs Clearance

Hapag-Lloyd AG is the first German liner shipping company to be awarded the AEO Certificate introduced by the EU at the beginning of 2008. Thanks to this status, which stands for special reliability and trustworthiness, in Germany Hapag-Lloyd will in future enjoy more rapid Customs clearance in the ports. In addition, the process of AEO certification is intended to ensure increased security in the transport chain.

The AEO (Authorised Economic Operator) Certificate has been available for companies based in the EU and with Customs-relevant business since the beginning of 2008. The EU is also negotiating for recognition of AEO status with third countries such as the USA, China and Switzerland.

Hapag-Lloyd AG, www.hapag-lloyd.com

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