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 ...
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Metro’s new LCL guru
With over 20 years' experience in freight and logistics, the majority of which has been in the ocean freight environment and specifically the LCL product, in the UK and overseas, we are pleased to introduce our new Senior LCL Commercial Manager, Jane Kenny, who is leading this critical service ar...
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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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The US market grows in size and opportunity
The United States of America is the UK's largest single trading partner, with the value of goods and services nearly five times the value of trade with Germany, the UK's second largest export market and hopes are growing of a breakthrough in US/UK trade negotiations.
Total US goods imported to...
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Risk of Panama Canal disruption rising
Unpredictable weather patterns and drought for most of 2023 have driven the Panama Canal Authority to impose numerous draft restrictions, reducing vessel transit numbers, and cutting vessel booking slots for lock usage, due to low water levels.
The Panama Canal consists of the man-made lakes o...
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US West Coast ports shut by ILWU dockworkers
After almost 13 months of negotiation and agreement on key issues, it would appear that some ILWU members’ patience has run out, as industrial actions shut down or severely impacted operations at the ports of Los Angeles, Oakland, Tacoma, Seattle and Hueneme last week.
Reports in US trade pr...
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America is the land of opportunity for small businesses
A study by the Federation of Small Businesses confirms that the US, which is already the UK’s largest trading partner, tops the list for UK SMEs to trade with outside Europe.
The new findings come after an FSB delegation to the USA held a series of engagements with senior officials from the ...
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Asia to Europe freight rates may mirror transpacific price increases
European importers from Asia are nervously watching developments in the US, as transpacific carriers succeed in implementing GRIs, increasing shipping rates to the West Coast, in a move that may be repeated on the Asia to Europe trade lane.
The Xeneta Asia-US West Coast index increased 39% las...
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US West Coast volumes drift to South and Southeastern ports
Negotiations between the International Longshore and Warehouse Union (ILWU) and West Coast port employers, represented by the Pacific Maritime Association (PMA) began last May and while talks continue, both are hopeful of reaching a deal soon, as US importers continue to divert cargo to Eastern a...
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US freight market round-up
There was no pre-CNY transpacific rush this year and with China re-opening, factories are expected to open again in the second half of February, which is why carriers have tried to maintain rates. The CNY has given US ports a respite and most are now clear, with hardly any ships waiting outside W...
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Complaints by shippers to FMC soar
The US Ocean Shipping Reform Act (OSRA), which was passed into law last June, gives the Federal Maritime Commission (FMC) more power to deal with shipping lines and mitigate supply chain disruption, leading to a slew of claims and jealous European shippers.
In just six months the Federal...
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