Storemasters' wet bond
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STOREMASTERS have been granted a wet bond by HM Custor and Excise for their Canning Town warehouse. This enables wi and spirit importers to defer payment of duty until they actua draw stock.
Storemasters are part of P&O Warehousing and Distribution Services, and this new wet-bond warehouse is one of the few in the London area to be supported by its own road transport fleet.
While the warehouse will be used by P&O Wine Services, one of the UK's leading wine and spirit forwarders, it is equally open to importers using other freight forwarding services. P&O Wine Services, like Storemasters, is a subsidiary of the Anglo Specialisms Division of Anglo Overseas Transport Ltd. Chief executive of Anc Specialisms, Joe Powell, said the opening that the wet bo had been acquired at the requt of many customers. Wi supporting road transport site, he said, it means that with the P&O Group is a fast and fu integrated service from vineya to importer.
Wines being loaded on to Storemasters curtainsider at t. company's Canning Town wai house, which now has a wet bond.