Bond Port
A Bond Port is a designated port where imported goods can be stored without payment of duties until they are ready to be released into the local market or exported. Bonded ports are often located near major shipping routes and are used as transshipment points for goods that are destined for other countries. Bonded ports are also used for temporary storage of goods that are awaiting further processing or transportation. These ports are heavily regulated and monitored by customs officials to prevent any illegal activities such as smuggling or tax evasion.
Your Previous Searches
Random Picks
- Satellite: In maritime context, a satellite is an artificial object placed in orbit around the Earth that is used to provide communication, navigation, and surveillance services to ships at sea. Satellites are an essential component of modern maritime ... Read More >>
- Intrusion Detection And Prevention Systems: Intrusion Detection and Prevention Systems (IDPS) are security appliances that monitor network traffic for signs of malicious activity and take action to prevent it. IDPS can detect a wide range of attacks, including malware infections, den ... Read More >>
- Surveillance Systems: In the maritime context, surveillance systems refer to the integrated network of devices and technologies used to monitor, detect, and track maritime activities and phenomena. These systems are crucial for ensuring maritime security, safety ... Read More >>
Top News
US ‘Secret War’ remembered as Secretary of Defense Lloyd Austin visits Laos...
Al Jazeera looks back at the most devastating period in Laos's history, when the US waged a years-long 'Secret War'....
News Source: Al Jazeera English on 2024-11-21
Japan will watch China's military after Beijing admits violating Japanese airspa...
Japanese officials say they are closely watching to see if China keeps its promise to prevent further violations of Japan’s airspace after explaining that an incursion by a Chinese military aircraft...
News Source: ABC News on 2024-11-20
Southeast Asian defense chiefs meet in Laos as maritime disputes with China are ...
Southeast Asian defense chiefs and representatives are meeting in the Laotian capital for security talks at a time of increasing maritime disputes with China in the Asia-Pacific and as the transition ...
News Source: ABC News on 2024-11-20
Biden's $100 billion disaster aid request includes money to rebuild the collapse...
President Joe Biden’s pending request to Congress for nearly $100 billion in emergency disaster aid includes money to rebuild Baltimore’s Francis Scott Key Bridge after its deadly collapse in Marc...
News Source: ABC News on 2024-11-19
The Houthis appear determined to score a hit on the American and European warshi...
The US and European Union have maintained a significant Middle East naval presence to battle the Houthis over the past year....
News Source: Business Insider on 2024-11-19