Financial information Vulcaanhaven 
Clients worldwide, banks, insurance companies, they all need financially sound warehouses. After the purchase of her terminal in 2001, Vulcaanhaven has prospered and developed, thanks to continued support from clients worldwide. Services Vulcaanhaven offers are appreciated, turn around times acknowledged and receiving plants, through working with Vulcaanhaven, are guaranteed just in time deliveries.Working with Vulcaanhaven means: No Panic at the steelmills. With her flexible workforce and large capacity, Vulcaanhaven is able to adapt, adjust almost instantly. Financial consequences over the past 7 years have shown tremendous growth in turnover and profitability. Vulcaanhaven is debt free. If financial statements are required, please let us know. We will gladly make it available on request. |
This Month's Features: Financial information Vulcaanhaven Third Party Warehousing - an accident waiting to happen! "We’ve got IT!" MR. NICE GUY.... The Golfer and his Caddy: Teamwork Ferro Alloys Conference Athens Joke of the Month Fenex Conditions - A Reminder Customs Corner Sparta Rotterdam Donation to the Johan Cruijff Foundation Contact Information |
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Third Party Warehousing - an accident waiting to happen! From a legal point of view third party warehousing is a nightmare. Party A (client) stores at party B (3rd party), although A believes B owns/rents/runs the warehouse. Party B concludes a price deal with party C (the actual warehouse). Party B is ‘in the middle’ paying a fee to C, receiving a higher fee from A. On times of theft, what to do? Is it properly insured, was the insurance company aware of B’s role? How about commodity finance? Is the bank aware? After all, it is his collateral. Party B does not pay party C, business is not to good, operating costs for B are higher then his revenues. Party C is not amused, he wants to get paid. Despite various efforts, no funds are received. Finally party C does not deliver out to party B whom he sees as his principal. The real principal, party A, paid all his dues to party B. Party B eventually disappears. Party C finally connects with Party A. Party A can get his cargo, of course, as long as all warehouse costs are paid…… Party A pays twice. Be alert and realise who you are dealing with, it avoids many problems. 
Customs Corner Customs administration is more than a simple T1 document. The world of customs and VAT is a world in itself. Lack of knowledge when dealing with this important aspect of our daily business can cause serious financial damage to the client...  Did you know that you are liable for VAT when the administration is not in accordance with regulations set by the authorities? At Vulcaanhaven we invest in proper computer systems to ensure a 100% control over all cargoes, in and out, crushed/screened, repacked, accompanied by all necessary and correct customs papers. Once a truck has reached the final destination, signed cmr waybills are received back into our office for further completion of our administration for Fiscal Representation.You see for yourself: when the truck has left our warehouse, our job is only finished when all documentation is handled correctly. Any questions? Feel free to connect with us. Thank you for choosing Vulcaanhaven! "We’ve got IT!" The combination of an extreme low unemployment in Holland together with a shrinking workforce within the Port of Rotterdam gives food for thought. Consider that our business is a very specific business, not to be taught at schools/universities. Yet, service levels must be maintained and response times/reporting to clients worldwide is essential to our business. The Vulcaanhaven initiatives, taken and started up 3 years ago, to combine a special customs bonded facility together with a highly defined IT has resulted in an overall time savings of 57% overall. With our present team we are now able to handle even more tonnages at the same time. The system includes direct reporting to customs of all stock movements, clients reporting, Fiscal Representation and invoicing to clients. Vulcaanhaven always looks for a win/win situation. Higher productivity per individual internally, clients profit from quick reporting, available at Vulcaanhaven fingertips. If you require more information you are invited for a personal digital tour. And when you are a visitor in our office, we might include a tour on the terminal as well. After all, no matter what we IT, the physical work still needs to be carried out by our workforce. We have not started thinking about robotizing that part….. |
MR. NICE GUY.... In all my 29 years of working experience in the Rotterdam Port, I have observed a lot, as you can imagine. One of the most peculiar experiences is the Nice Guy. He gets the business, because he is a nice guy. Never understood that. Is ?nice guy? synonymous for a good, professional understanding of the business? Nine times out of 10 it is not. I know. At Vulcaanhaven, colleagues have a wide know how of customs, chartering, warehousing, trucking, bills of lading, processing, you name it. Of course it is a great asset when the company has multi functional staff, genuinely interested in serving the client, with a sound knowledge of the technical side of the business. Servicing you to the best of their ability. And that ability is available at Vulcaanhaven. Believe me! From a distance (clients communicate with us by mail or phone) it is very hard to tell. The nightmare of all nightmares for clients, commodity banks and insurance companies? A Nice Guy as a third party warehouse.... Perhaps something to be discussed in Athens, the Metal Bulletin Conference starting the 4th of November? Safety First! Your material is safe in our 24/7 secured warehouse with video surveillance! 
Fenex Conditions - A Reminder  For many years
Fenex conditions apply when working with Vulcaanhaven. A
copy in your language can be downloaded through the links below, or
sent upon request. Also in 2007 the Fenex conditions apply and it
should be noted to clients in their dealings with warehouses, including
Vulcaanhaven.Reference to these conditions is made on all our invoices and correspondence. Fenex Conditions download: English, German, French
Meet us at the Ferro-Alloys Conference Vulcaanhaven will attend the International Ferro-Alloys Conference, 4-6 November in Athens, Greece. Vulcaanhavens Managers will be happy to meet with you, and update you on the latest developments within our organization. We will try to contact you, but if you want to be sure not to miss us, please drop our a line! ! 
The Golfer and his Caddy: Teamwork
Ever had a close look at how golf is played on a high level? The caddy carrying the bag of the golfer only? Not at all, the caddy does much more. He/she knows the pin positions on each green, knows distances to be hit, knows distances his ‘boss’ the golfer can hit, knows his weaknesses and strenghts, can read undulations on each green and does a lot of preparation work: in all, a caddy indeed is much more than a carrier of the golf bag.  Sparta
RotterdamUnfortunately this newsletter is one week too late. Why? Well, Sparta was ranked higher than its city rival Feyenoord last week. After the defeat in this weeks match against Groningen, Sparta had to switch positions with Feyenoord.
The match against Groningen showed Sparta that it still has a lot of work to do. The ‘Club of the Castle’ lost with 3-0, and it was deserved. There were no possibilities to score. If you want to see one of the home games please let us know. Also next season we will be able to take you to the matches of Sparta. A game at Sparta is always a big happening, with a great atmosphere. You will enjoy it with us. 
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Joke of the Month Its amazing to think out of the box An old Scottish man lived alone in Aberdeen. He wanted to dig his potato garden, but it was hard work for his advanced years as the ground was very hard. His only son, David who used to help him, was in prison. The old man wrote a letter to his son and described his predicament. Dear Son, I am feeling pretty bad because it looks like I won't be able to plant my potato garden this year. I'm just getting too old to be digging up a garden plot. If you were here my troubles would be over. I know you would dig the plot for me. Love Dad. A few days later he received a letter from his son. Dear Dad, Don't dig up the garden. That's where I buried the stolen money. Love David At 4 A.M. the next morning, The FBI, Police, CSI arrived and dug up the entire area without finding any money. They apologized to the old man and left. That same day the old man received another letter from his son. Dear Dad, Go ahead and plant the potatos now. Your garden is now dug, That's the best I could do under the circumstances. Love David |
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You have seen this logo on our newsletter for quite some time now. The Johan Cruyff Foundation is becoming more and more known. Worldwide the name itself does more than just ring a bell. The Johan Cruyff Foundation supports sports and play for children worldwide. Special attention is being paid to children with a handicap. Please remember: Sports are for everybody! For more information, please visit their website. (more information: ) |
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| Vulcaanhaven
BV Schiedamsedijk 2a Portno. 610 3134 KK Vlaardingen The Netherlands Phone: +31 10 299 83 33 Fax: +31 10 299 83 30 E-mail: info@vulcaanhaven.nl |
Vulcaanhaven EESTI OU P.O. Box 5054 Tallinn 11002 Estonia Phone: (372) 601 3415 Fax: (372) 601 3413 E-mail: info@vulcaanhaven. |
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circulate this newsletterOur policy is to send this information to interested individuals in the metals industry, if you no longer wish to receive this free newsletter reply to this email and you will be automatically removed.