Following two months of negotiations by the United Nations and Turkey, there’s finally a signed agreement to re-open three of Ukraine’s Black Sea ports for grain shipments opening the route for significant volumes of food exports. Guarantee of safe passage UN Officials have said that Russia and Ukraine have the elements in place such as…
Abu Dhabi’s flagship Khalifa Port has been ranked in the top 5 of the Container Port Performance Index (CPPI) for 2021, a performance metric developed by the World Bank and S&P Global Market Intelligence. Strategically located half-way between Abu Dhabi and Dubai, Khalifa Port Container Terminal is the first semi-automated container port in the Gulf…
The shipping industry was already suffering before the current economic sanctions imposed on Russia for their invasion of Ukraine, due to Brexit and COVID-19. The industry has been facing a shortage of vessels and containers when the sanctions meant an increase in the prices. In less than a fortnight, shipping rates have risen tenfold for…
There are three main types of marine insurance, ship or hull insurance, cargo insurance and freight insurance. There are many benefits to purchasing marine insurance, especially when dealing with goods. What is it? Marine insurance provides coverage against any losses that can occur from unforeseen events while at sea. Marine insurance can provide cover for…
Air freight and sea freight both produce a huge carbon footprint. In the last couple of decades, the amount of greenhouse gas produced by international aviation has doubled. The amount of greenhouse gas produced from shipping has also increased. Aviation and shipping are the two fastest growing sources of emissions that play a role in…
October 15, 2021 /
Disasters at sea that are caused by shipping dangerous goods can be extremely harmful to marine life and to the eco-system. These disasters can sometimes take up to years to recover from. The Sri Lankan disaster from May of 2021 is a prime example of how damaging the leakage of dangerous goods at sea can…
1. Get an Economic Operator Registration and Identification number (EORI) Any businesses who wish to be exporting to Europe, would need to apply for a EORI number. An EORI is needed for any goods that are being moved from the UK and any other country (including Europe). An EORI number is also needed for any…
1. Get the tariff codes right A tariff code is used in the UK and can also be known as a commodity code, or a Harmonized System (HS) code and is usually 6 digits long. This code is used to classify goods. It is worth noting that this code is different from the one that…
Currently, there are many delays within the shipping industry. These delays are likely to affect Christmas this year as the delays, especially at ports, mean that items and goods and shipping containers are taking far longer to reach their destinations than they would usually. This could mean that some people may be in for a…
A combination of Brexit and the Covid-19 pandemic has hit the freight industry hard. At Supreme Freight, we've been fortunate enough to experience a period of growth and expand our operations. There has been a huge boom in demand for goods, such as food, games, toys and other items that people so desperately want and…