Retailers warn of delays after Red Sea attacks
Leading retailers including IKEA and NEXT have warned that the diverting of vessels aways from the Suez canal and around southern Africa will result in delays and may restrict the availability of certain products.
Re-routing container ships around Africa adds 3,500 nautical miles to a typical ...
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2nd January; Suez Crisis Update
In our 2023 supply chain review we said that we were hopeful that the formation of a coalition naval task force to patrol the southern Red Sea and Gulf of Aden would restore maritime security quickly, but Sunday’s two attacks on the Maersk Hangzhou suggest it could be some time before the route...
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Supply chain; a year in review
2023 was supposed to be the year that global supply chains bounced back from pandemic lockdowns and factory shutdowns, trade wars, tariffs and war in Europe, but now container shipping is disrupted by attacks in the Red Sea and restrictions on the Panama Canal.
The COVID pandemic and its after...
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Container shipping lines to avoid Suez Canal
Following further attacks on merchant shipping, entirely unconnected to the conflict between Israel and Hamas, container shipping lines have suspended sailings through the Gulf of Aden and Red Sea with immediate effect.
MSC announced on Friday, after the MSC Palatium III was attacked and suffe...
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Challenging time for retailers
With consumers expected to remain cautious at least through the first few quarters in 2023, retailers have downgraded their imports, depressing volumes, that have already declined in recent months, resulting in ocean carriers blanking services and looking at laying up ships, just as retailers try...
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Air freight market more than challenging
Despite the massive challenges, our air freight team continue to find solutions for critical cargo and our Sea/Air services are invaluable for time-sensitive shipments. With options from across Asia, via a choice of hubs including Singapore, Colombo and Dubai, we offer the widest choice of servic...
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Retail’s recovery is underway
The Office for National Statistics (ONS) have said that retail sales in April were 10.6% above their pre-pandemic level, although many traditional retailers have suffered from the repeated lockdowns that accelerated the shift to online commerce.
In a huge boost for retail’s recovery Britain'...
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Start your Christmas shipping planning right now – do not delay
Retail sales and consumer demand are still outpacing attempts to build inventory and despite the massive boom in imports, the inability to create inventory is likely to continue all year for many commodities and finished goods. So, if you want stocked shelves this Christmas, it’s time to star...
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SME eCommerce sellers hit by EU VAT changes – how will this effect trading with the BLOC ?
About 26,000 eCommerce sellers will have to register for VAT for the first time, under the EU’s new “one-stop shop” system and face £180m in additional red tape costs.
On 1st July 2021, the European Union is introducing sweeping reforms to the VAT obligations for B2C e-commerce sel...
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