Mauritius Maritime News

Mauritius Maritime News

If you are reside in Mauritius or live in Australia and do business with Mauritius, we have news for you. There are changes happening and we bring you some Mauritius maritime news that may be of interest to you. Mauritius and Kenya Set to be Financial Hubs for Africa The Joint Commission of Cooperation set up by Kenya and Mauritius state heads have agreed to set up their countries a financial and trade hubs for the African subcontinent. The two countries will act a link between Asia and the countries of the West, without competing with one another to achieve the dream of creating Africa into an important hub. By developing the aviation and shipping industry too, it will also act as transnational port hubs to further growth and prosperity in the region.   This bit of Mauritius maritime news is quite advantageous to those doing business within the region. Mauritius and Australia Work on Security and Safety of Maritime Sector Together The AMSA (Australia Maritime Safety Authority) will be collaborating together with the Mauritius Ministry of Ocean Economy, the Marine Resources, Fisheries, Shipping, and Outer Islands sectors to establish better security and safety of the maritime sector. The Australian government has not only offered insight and guidance, but also funding and resources to further the sustainable economy and the maritime community. The Search and Rescue Capability Partnership Programme is committed to the  was created to offer security and safety to maritime sectors in the Indian Ocean, such as cooperting with the likes of Sri Lanka, Maldives and Mauritius. Post-Brexit Air Freight Rebates Mauritius being a former colony of...
Doing Business in Mauritius

Doing Business in Mauritius

If you are looking to set up a business in Mauritius, learning about the island as well as its industries, and economics is vital. The island that borders Africa is seen by the continent as a role model for its capitalization on natural resources and innovation for its economic progress over the years. What was once a mono-crop economy relying solely on sugar cultivation and production, it has emerged into a diversified economy with innovation and services in various industries such as tourism, education, ICT, agri-business, and logistics to name a few. Mauritius has also secured itself as a platform for African investments and a global business hub. Doing business Mauritius puts you in the forefront as it is a regional player and part of a global parent network of the likes of  SADC, COMESA, IORA, and IOC to name a few. When doing business in Mauritius, you should be aware what it means to set up a business on the island. The island does not have many barriers to entry, and has a special counter at the Mauritius Board of Investments to assist any companies who are looking to set up shop on the island. The following are some items you should keep in mind to help you do business in Mauritius; Registration with the Companies Division. This can also be done online at the Corporate and Business Registration Department website. Getting your own office space through reliable real estate agents or via serviced offices are available for hire in focal business areas such as Port Louis. Often, depending on your type of business, establishing partnerships can enable...
The Future of Global Shipping to Mauritius

The Future of Global Shipping to Mauritius

When you look back in Nautical History, you know that the pioneers truly envisioned a united world. The advances in naval technologies have created a seamless world bringing countries and industry together in numerous ways. When uniting the world through advances in shipping and cargo handling, there are many ways in which business and efficiency can be revolutionised. Whether you look at the advancements in mechanical or digital means, the future of global shipping to Mauritius is expecting many new changes to take things to the next step. Smart Containerisation One of the most important advancements in the shipping and logistics industry was “Containerisation,” and to this year, it’s been around for six decades. Containers offered the industry a revolutionary way of shipping goods of various kinds. It also means that, the shipping vessels carrying these containers should also be able to meet the necessary requirement, offering more advances to help carry that various goods. For instance, some of the most recent advances in Containerisation include “Smart Containers” that are used on both “Dry” and “Reefer,” which are refrigerated, containers. These new types of containers offers remote container management and other technologies that allows for tracking, management and monitoring of the goods, and are increasingly valuable to shipments sent via reefer type of containers. Port Operations Automation Advancements with port operations are very important to the future of the logistics arena. Many port terminals are now automated with easier container movements and management. The recently launched Mauritius Container Terminal (MCT) Extension Project has initiatives on incorporating an automated container terminal for improved port operations and faster consolidation/de-consolidation processes Digitalisation...
The Importance of IncoTerms for Shipments to Mauritius

The Importance of IncoTerms for Shipments to Mauritius

What is IncoTerms® you may ask? It stands for International Commercial Terms and is a defined set of commercial guidelines for international trade facilitation. Whether you are looking at global or local sales transactions, the use of IncoTerms is necessary, as it a standard in the logistics industry. Thus the importance of IncoTerms for shipments to Mauritius is a given, as it is to any country in the world. IncoTerms are rules that govern trading with a series of three-letter terms, which are abbreviations for their respective rule. These rules for trading is used to communicate the various tasks associated with the transactions, costs as well as risk that will be borne either by the seller or the buyer.  These terms are used accepted by governments, and legal authorities making it a norm in the logistics arena. There are 11 IncoTerms since the most recent revision in 2010, which became effective from 2011. The IncoTerms include the following and essentially refers to the risks and costs associated with trading; Sea/Inland Waterways Transport FAS Free Alongside Ship Risk falls on buyer, inclusive of transport and insurance costs. Clearing is seller’s responsibility FOB Free On Board Risk falls on buyer, including transport and insurance costs. Clearing and loading costs fall on buyer. CFR Cost and Freight Seller delivers cargo, risk falls on buyer when onboard the shipping vessel. Seller agrees to pay cost &  freight at destination port CIF Cost, Insurance, Freight Similar to CFR; Seller delivers cargo, risk falls on buyer when onboard the vessel. Costs, freight and insurance is borne y seller. Any Modes of Transport EXW Ex-Works Seller...
Excess Baggage Shipping to Mauritius from Australia

Excess Baggage Shipping to Mauritius from Australia

One of the biggest problems when flying to Mauritius from Australia would be with exceeding the baggage allowance and having to pay high excess baggage fees at the airport. That is why many individuals who frequently fly out of Australia have a smart solution and well-known secret for this. It involves sending across the additional baggage via excess baggage shipping to Mauritius. By choosing a cost-effective shipping solution for shipping your excess personal baggage that is convenient, and affordable, and easy, you can fly out of Australia without a worry. What Is Excess Baggage? When travelling overseas by airline, you are given a free-of-charge baggage allowance. These vary from airline to airline and they are quite strict with how much baggage may accompany while flying. The baggage allowance can vary not just based on the airline but also the type of ticket class and your destination. It is a fact that even if your baggage weighs just over 0.5kg than the allowed, then you will be charged excess baggage fees which are generally quite high, and are approximately 1% of what you will be paying for a full economy class airline fare. Excess baggage fees are usually also charged per kg and while it varies from airline to airline, it can be as high as A$108/kg (Emirates). What is Your Free Baggage Allowance? Free baggage allowance depends on the airline in question, but some of the popular Australia to Mauritius airlines include the following; Air Mauritius, Emirates, South African Airways, Air India, AirAsia, Hong Kong Airlines, Malaysia Airlines, and British Airways. Average Free Baggage Allowance & Excess Fees Economy...
Cargo Tips to Ship Goods to Mauritius

Cargo Tips to Ship Goods to Mauritius

Mauritius is becoming a key player in the Africa-Asia aviation and cargo in the commercial arena in the region. With its continuing improvements to the SSR International Airport in Plaine Magnien as well as to the Port Louis Harbour, the namesake capital, such as the BFSL’s Logistics Park and the Air Cargo & Freeport Zone. With these in the horizon, we expect to an increase in international shipments through the air cargo transhipment hub and through Mauritius’s main and only harbour at Port Louis! If you are planning on starting and business exporting goods to Mauritius or moving there from Australia, then these cargo tips to ship goods to Mauritius may be of use to you! Commercial Cargo to Mauritius If you establishing an import/export business whereby you will be required to ship commercial cargo to Mauritius, then being aware of the shipping regulations in Mauritius is important. You can choose between Full Container Load (FCL) and Less than Container Load (LCL) shipping based on your cargo and stocks in hand, or even air cargo  for your couriers and urgent goods. If you are looking to export goods from Australia to Mauritius, we advise you to take the following steps to avoid any delays or inconveniences. Register your business with the Corporate and Business Registration Department. Register with the Customs Department. Register with the Mauritius Revenue Authority (MRA) for companies with a turnover over Rs 6 million. Moving from Australia to Mauritius One of the first things you need to do is find a reliable international freight forwarder, and not a domestic mover, so that you receive the proper...