For importers, the journey of goods doesn't conclude upon reaching the port. The process of safely unloading cargo from shipping containers, known as container devanning, is a crucial step in the logistics chain. Efficient devanning ensures the integrity of your products, timely delivery, and a streamlined supply chain. In this blog post, we'll explore the…
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Utilising a freight forwarding agent for Duty and Value Added Tax (VAT) payments to Her Majesty's Revenue and Customs (HMRC) can provide several benefits for businesses engaged in international trade. Here are some key reasons highlighting the importance of using a freight forwarding agent for Duty and VAT payments: Expertise in Customs Regulations: Customs regulations…
Acquiring marine insurance is a prudent and essential decision for various stakeholders in the maritime industry, including shipowners, operators, and cargo transporters. The rationale behind obtaining marine insurance is multifaceted and encompasses several compelling reasons: Risk Mitigation:The maritime environment is inherently unpredictable, with a myriad of potential risks such as accidents, collisions, piracy, natural disasters,…
Reducing the carbon footprint associated with exporting goods abroad is not only environmentally responsible but can also contribute to cost savings and improved corporate sustainability. Here aresome tips to help businesses minimize their carbon impact in the process of exporting goods: Optimise Transportation Modes: Choose transportation modes that are more energy-efficient and have lower carbon…
As we step into the new year, it's pivotal to assess the anticipated trends that will shape the shipping industry throughout 2024, so here are our shipping industry predictions. From advancements in technology to sustainability initiatives, we look at the evidence-based projections that are expected to influence the shipping landscape in the coming year. Sustainable…
The Red Sea has long been a vital artery for global trade, connecting the Mediterranean Sea to the Indian Ocean and facilitating the movement of goods between Europe, Asia, and Africa. However, recent events involving Houthi rebel attacks in the region have sent shockwaves through the maritime industry, causing significant disruptions to ocean freight services…
According to some research conducted by Drewry, the smart container fleet is expected to grow six-fold over the next five years. The fleet is projected to increase from 300,000 twenty-foot equivalent units (TEUs) in 2020 to 1.9 million TEUs by 2026. This represents a substantial growth rate for smart container adoption. Several factors are contributing…
Workers at Britain's biggest container port will stage a second eight-day strike over pay. Fresh strikes are planned from September 27th - October 5th after port workers voted by an 82% majority to reject a 7% pay offer. Felixstowe handles almost half the container freight that enters the UK, with about 17 different shipping lines…
The UKs biggest container port faces strike action this month as staff vote for a walk out over pay. Close to 2,000 workers have launched a formal strike from August 22nd - 29th, potentially creating trade and supply chain disruptions in the region. 48% of all containers brought into the UK are transported through the…
Time is running out to move over to switch to HMRCs new customs system before Septembers deadline - with more than 3500 businesses at risk of severe delays if they do not migrate to the Customs Declaration Service (CDS) before it switches off. Director of programme and operational delivery for borders and trade Julie Etheridge…