Entries by Joanne Golding

Heathrow terminal 6 in jeopardy

It has been decided that plans for a 6th terminal will be halted to keep costs down whilst the 3rd runway is being built.   Heathrow published its half yearly report last month, which made no mention of the proposed plans.  Instead it stated that further investment in terminals 2 and 5 will go ahead […]

Southampton on the list of top container growth in 2016

During 2016 126 ports handled more than 1 million teu containers. According to DynaLiners report entitled millionaires roundup, 82 ports had experienced growth in the year with 5 ports showing growth of 25% or more. These ports were Chittagong, Bangladesh (26%), London (26%), Salalah, Oman (29%), Tangshan, China (27%) and Southampton (26%). 14 ports reached […]

Cosco’s acquisition of OOCL may face further hurdles

Although they resumed trading on the Shanghai Stock Exchange (SSE) this week, Cosco’s take over of OOCL could still hit a stumbling block. Cosco’s shares were suspended two months ago and the SSE issued a letter of enquiry on July 18th seeking clarification on two points of the proposed deal. The first is whether it […]

The world’s first autonomous electric cargo ship

Built by Norwegian firms Kongsberg and Yara, the Yara Birkeland will be the world’s first fully electric autonomous container ship. It will use GPS, radar, cameras and sensors to navigate itself. With a cost of around £25 million, which is 3 times the cost of a standard container ship, she will hopefully pay for herself […]

Gridlock for British ports if additional customs checks approved

As government negotiations to facilitate Britain’s exit from the European Union gather pace, the UK Chamber of Shipping says the EU is ignoring the risk Brexit could bring to European ports. According to one group of MPs the increase would be five fold and confidence in border arrangements post Brexit is alarmingly low. Her Majesty’s […]

Low tariffs post Brexit for British Manufacturers and Retailers

According to the Freight Transport Association (FTA) the government’s commitment (announced on 26 June 2017) to securing existing duty free access to UK markets for 48 of the world’s developing nations will ensure that British manufacturers and retailers can continue to trade efficiently and profitably. These agreements should ensure that the price of household items, […]

Amphibious AG600 prepares for its maiden flight

Manufactured by the Aviation Industry Corporation of China (AVIC) and following on from a successful run of ground evaluations, the AG600 is expected to take off from land for the first time this month. With a maximum take off weight of 53.5 tonnes, the amphibious plane is similar in size to a boeing 737. It […]

Uber branching out!

In mid May, Uber announced the Uber Freight App, which connects trucking companies and drivers with shippers. In similarity to its ride sharing app, users will be able to view near by drivers and book loads, sending a rate confirmation within seconds.  However, it faces stiff competition from already established apps in the freight industry.  […]