Suez Canal blocked by container ship
At 7:40 am on 23 March 2021, the 20k TEU container ship Evergreen Ever Given was navigating the Suez Canal when it ran aground, turning the ship sideways and blocking the canal, with the potential to impact oil and sea freight prices if she cannot be freed quickly by the tugs currently trying to...
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The true environmental impact of empty containers
Environmentalists have long voiced concerns about the CO2 emission damage of the global shipping fleet. They believe that shipping laden containers are doing untold damage to the climate and are extremely concerned about the volume of empty containers that have been travelling the globe recently....
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Exporters bear brunt of Brexit ‘fallout’
The extension of import border controls is good news for some importers but may undermine negotiations with the EU for reciprocal easements and highlights the challenges still faced by exporters.
Imports from the EU, which fell 28.8% in January, maybe buoyed by the government’s decision to ...
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Metro massively boost graduate intake with continued business growth and expansion
Driven by the negative impact of COVID-19, the number of payroll employees has fallen by 726,000 in a year across the UK, and vacancies were down by nearly 60%, with many graduates losing their work placement opportunities or job offer - But not at Metro!
University and life after graduation s...
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BBC report underlines importers woes
The impact that the pandemic-driven global supply chain challenges, disruption and increased costs experienced since last year will have for consumers in 2021 has been bought into sharp focus by BBC News this week.
Continuing supply chain issues and the massive increases in the cost of ship...
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UK Government extend EU import control easements
Michael Gove informed parliament last week that the introduction of stricter EU import controls, in line with Phases 2 and 3 of the government’s Border Operating Model, are to be delayed by at least six months.
The minister for the Cabinet Office insisted that the go...
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Shipping lines imposing new round of surcharges and rate rises into quarter 2
The container shipping industry continues to face heavy port congestion and vessel delays worldwide. The situation adds to the severe lack of vessels and empty equipment availability, forcing carriers to blank sailings on some trades when these sailings could generate record revenues, encouragi...
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The freeport effect – what does it mean and what are the benefits
There’s much more to the UK’s freeports than the ability to move goods tariff-free, with businesses potentially enjoying domestic tax breaks and cheaper employee costs, to encourage manufacturing, jobs and investment, in areas that would otherwise struggle to attract them.
In his Budget la...
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Pricing discipline replaces shipping line competition
The profound supply chain challenges unleashed by the Coronavirus pandemic are transforming the cost and characteristics of global container shipping and the shipping lines are unlikely to surrender a ‘winning-hand’.
Rising container volume demand and a controlled balance of supply and dem...
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Making your supply chain carbon neutral
In an interview with the BBC, Maersk chief executive Soren Skou says greener shipping would cost the world’s biggest shipping lines billions of dollars and while he wants the consumer to pick up the bill, we think that low-cost action can be taken now to offset the carbon emission that shipping...
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Global sea freight latest weekly update
The leading container shipping lines believe that global port and inland infrastructure congestion could last until after the summer peak season and the blanked sailings keep on coming.
The lines’ view is that supply chain disruptions are “temporary issues”, which would be resolved in th...
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Despite air freight challenges we deliver time-sensitive solutions
Global air cargo volume is almost back to pre-pandemic levels, maybe already exceeding these according to some trade sources, with high demand reported in the first two months of 2021 and January volumes 1.1% above the 2019 level.
But while cargo demand is rebounding, there is still much more ...
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