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

Evacuation: Evacuation is the process of moving people from a dangerous or hazardous area to a safe place. In maritime context, evacuation is an important aspect of ship safety and emergency response planning. It involves the safe and efficient removal ... Read More >>
Safety Procedures: Safety procedures refer to a set of established protocols and guidelines that are designed to ensure the safety of personnel, equipment, and the environment in maritime operations. These procedures cover a wide range of activities, includin ... Read More >>
Salt Marshes: Salt marshes are coastal wetlands that are flooded and drained by salt water brought in by the tides. They are found in the intertidal zone, the area between high and low tide. Salt marshes are important habitats for a variety of plant and ... Read More >>

Bond Port

Your Previous Searches

Random Picks

Top News

Captain Cook's Endeavour confirmed to be in Rhode Island waters...

Mapping Iran’s oil and gas sites and those attacked by Israel...

Ships collide in Hormuz Strait in shadow of Israel-Iran war...

How else could Iran retaliate over the ongoing Israeli strikes targeting the cou...

Wall Street isn’t freaking out about Israel and Iran yet. The Strait of Hormuz...