Category: Hazardous

Global IT outage disrupts supply chains

On Friday, a faulty update to Microsoft software by cyber-security firm Crowdstrike, saw global supply chain operations significantly disrupted, with the fallout expected to take weeks to fully resolve. Thousands of flights were grounded or delayed at major air freight hubs in Europe, Asia, an... Read more

South Korea factory fire underline danger of lithium batteries

In June, a catastrophic factory fire erupted after several lithium batteries exploded, killing 22 people in South Korea. As a leading producer of lithium batteries, South Korea’s Aricell factory housed an estimated 35,000 battery cells, used in products ranging from electric vehicles to laptops... Read more

A New Government – a New Britain; Strengthening UK Supply Chains for Economic Resilience

The Labour party’s manifesto outlines a commitment to bolster the resilience of supply chains in key sectors, a task that Transport Secretary Louise Haigh will spearhead. Recent global events, such as the war in Ukraine and pandemic-induced disruptions, have underscored the necessity of this... Read more

Europe may experience its own near-shoring boom

As planes descend into Monterrey airport, an expanse of warehouses and manufacturing complexes stretches out for miles, exemplifying the near-shoring boom that has swept through Mexico in recent years, as Asian companies and their supply chains move closer to the United States. Drivers of Mexi... Read more

Port congestion (amongst other things) continues to push rates up

With increasing amounts of ocean freight capacity soaked up by COGH (Cape of Good Hope) diversions and port congestion, spot rates are spiking, with indexes up significantly on 2023 and market led spot/FAK rates up by nearly 500%. Now, carriers desperate for ships and more capacity are setting n... Read more

Felixstowe train derailment

At 22:09 on Wednesday 19th June a GB railway locomotive and loaded wagons en-route to the Port of Felixstowe derailed on the branch line approaching the main Central and Northern railheads, causing significant damage to the track and closing both terminals to train movements. The Central and N... Read more

New US demurrage and detention regulations in force

The Federal Maritime Commission (FMC) final rule on demurrage and detention billing requirements came into force on the 28th May, except for two provisions that are delayed. The rule applies to ocean common carriers trading to or from the US, including vessel-operating common carriers (VOCCs) ... Read more

Summer 2024; France supply chain alert

This summer, a number of large-scale sporting events are likely to create some supply chain disruption, with the Olympic and Paralympic Games taking place in Paris between the 26th of July to the 11th of August, and the 28th of August to the 8th of September. The Paris 2024 Olympic Games, whic... Read more

Red Sea Crisis insurance withdrawals – fact or fiction?

In addition to fast-rising ocean freight rates and extended transit times, as the container shipping lines divert around Africa, shippers have been struggling to understand what (if any) insurance is in place, with insurance companies massively increasing war risk premiums and no longer willing t... Read more

Red Sea Crisis; Situation Report, Wednesday 17th Jan

Despite coalition military action, Houthi rebels continue to attack commercial shipping and with container shipping line’ schedules showing Cape of Good Hope routing for vessels into early February and beyond, it is clear that they do not expect short-term access through the Suez Canal and Red ... Read more

Metro invest as EV/Lithium battery demand focus attention on safety

With over 70 fires on container ships blamed on hazardous cargo, chemicals and batteries in the past five years and an onboard Li-ion fire contributing to the fatal crash of a UPS Flight in 2010, insurers are calling for improved regulatory clarity and the need to address transport safety issues ... Read more

Hazardous update and moving electric cars

Rechargeable Lithium or Li-ion batteries, the predominant battery type used in portable consumer electronics and electric vehicles, generate extreme heat when they malfunction, which can quickly spread to nearby combustible materials, causing a rapid fire that's challenging to extinguish. Ther... Read more