Conflicting UK and European port performance reports this week
While many ports are currently experiencing no issue, or are even quiet, the fallout of the week-long Suez Canal closure in March is likely to impact supply chains through to June and possibly beyond, into the traditional peak season.
Early indications suggest some ports are managing ...
Read more
View from the coast – I see no ships!
Last weekend may be the first one our Transport Manager, Simon Balfe, hasn’t seen a Ultra Large Container Vessel (ULCV) on a berth at Felixstowe, but that hasn’t deterred the port from investing in its capacity to handle more of these gargantuan craft. Many of which are en-route, bu...
Read more
India and Bangladesh enter new lockdowns, impacting supply chains
Having just come through a full weekend lockdown, Maharashtra state (location of the major port of Nava Sheva) government imposed lockdown-like curbs, including curfews, in the state from 8pm on 14th April for the next 15 days for everything but essential services, which includes transport, suppl...
Read more
Global ports likely to face weeks of ‘critical’ delays
Terminal operations and supporting infrastructure at the most important mainland European and UK ports will be put under immense pressure over the next four weeks, as they try to work through the backlog of 1.9m teu delayed by the six-day Suez Canal closure.
Over 370,000 teu is currently en ro...
Read more
Air freight demand returns but space remains an issue
The latest air cargo figures from the International Air Transport Association, the trade association of the world's airlines, shows that while demand is growing ahead of pre-Covid levels, capacity is impeding growth and keeping prices far above the pre-pandemic levels.
Measuring air freight de...
Read more
Ever Given, General Average declared, and vessel arrested by the Suez Canal Authority to recover $1 billion compensation
The 400m long vessel blocked the canal for six days and more than a dozen tug boats, multiple dredgers and 800 personnel were used in the recovery operation, with Egyptian authorities reportedly seeking more than $1 billion in damages to cover these costs and the loss of canal revenue.
Th...
Read more
Carriers tackle post-Suez scheduling and equipment issues
As global shipping struggles to adjust from the Ever Given grounding and the six day Suez Canal closure, container carriers have the challenge of recovering schedules and repositioning containers due to the effect of over a week’s loss of capacity.
With close to...
Read more
Lloyds List: Sometimes, no publicity really is bad publicity
Shipping executives had an opportunity to be front and centre in the international news cycle and deliver an important message about how trade works. Instead, they chose to hide in the shadows. Complaints about sea blindness will not be taken seriously next time they matter.
A week-long shut d...
Read more
Security surcharge on air cargo trucked from UK to EU gateway airports
Airlines are imposing security charges for cargo arriving from the UK on road feeder services for flights out of European hub airports.
Following the end of the post-Brexit transition period in January, EU law no longer recognises feeder trucked cargo from the UK as air cargo secure, and requi...
Read more
EU reduce ‘red-tape’ but food exporters face new barriers
The EU is to drop ‘Meursing codes’ from import declarations for manufactured food products coming from the UK in a major reduction of post-Brexit red tape, but new EU legislation covering multi-ingredient food products is expected to increase UK export health certificates by up to 3...
Read more
Latest market update ; The new EU trading relationship
While the EU/UK vaccine spat has underlined the interconnectivity of supply chains, Boris Johnson is putting an invisible trade barrier between France and the UK and 25% of UK SMEs have stopped exporting to the EU altogether.
European Commission President Ursula von der Leyen is...
Read more
Maintaining time-critical supply chains post-Suez Canal blockage
There has been only one story in town for the last week! Even though the Ever Given has been re-floated and the Suez Canal is working to clear the backlog of waiting vessels, a huge amount of uncertainty remains and we should still expect a shortage of containers at many origins, vessel diversion...
Read more