Well known market intelligence company, Infiniti Research have announced completion of an article on their website outlining what they expect the key challenges of Brexit will be on the logistics industry. The deadline for the UK and the EU to negotiate a trade agreement is set to end on the 31st December. With the deadline…
For some, exporting their car from the UK can seem like a daunting task that can potentially put people off the process. Deciding on how long your car will remain outside of the UK will determine the documentation that you use as well as the declarations you make to the UK and overseas customs officials.…
Thousands of businesses are avoiding international expansion despite the enticing overseas markets that exist for their products. Take the first step to global success, by following our top tips for first time exporting for small businesses. The Success of the Small Business on an International Level An increasing number of start-ups and small businesses are…
From 1 January 2021, the UK will apply a UK-specific tariff to imported goods. This UK Global Tariff (UKGT) will replace the EU’s Common External Tariff, which applies until 31 December 2020. The new tariff is tailored to the needs of the UK economy. It will support the economy by making it easier and cheaper…
The IMO has decided on a goal-setting approach by member states to decarbonise shipping, rather than progress the proposals put forward by some members for a mandatory speed reduction on vessels. The strategy, decided last week in London, not to opt for speed restrictions has angered the members of the Clean Shipping Coalition (CSC) who…
Decarbonisation is now the second most important issue for the shipping industry, according to a report released today by the Global Maritime Forum. The Global Maritime Issues Monitor 2019, which surveyed respondents from 46 countries, ranked only the “global economic crisis” ahead of “decarbonisation of shipping” as the issue to have the greatest impact on…
MSC is on course to overtake alliance partner Maersk as the biggest ocean carrier by capacity within the next two years. A new order for five 23,000 teu ULCVs from the South Korean Daewoo yard will take the Geneva-based carrier’s orderbook to 16 vessels, for a massive 305,352 teu, according to Alphaliner data. A disclosure…
After Brexit there will be changes that affect businesses and hauliers across the UK. Make sure you are prepared for them, particularly if your business: Imports goods Exports goods Receives personal data Exports services The Department for Business is holding a series of free face-to-face Business Readiness Events across the UK, to help businesses find…
The aviation and shipping sectors should formally be included in Britain’s target to cut its greenhouse gas emissions to net zero by 2050, the government’s climate advisers said on Tuesday. Britain earlier this year became the first G7 country to set a net zero emission target although the shipping and aviation sectors were not explicitly…
A wave of ULCV deliveries this year has pushed the total containership fleet capacity over the 23m teu mark, with the last million slots added in a breath–taking 14 months, according to an Alphaliner report. However, the newbuilds, mostly consisting of ULCVs, have arrived at a time of softening demand growth across the major tradelanes of the world, which is already forcing carriers to blank a significant amount…
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