Vessel cascading has been an ever-present feature of container shipping since liner executives first understood the benefits of economies of scale and began the box ship capacity arms race. But over the next few years, there are likely to be only a few arenas where it will take place, according to Drewry Maritime Advisors’ director…
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Remember to book your sea freight imports in time for Christmas! ? Please contact a member of our team as we have very competitive rates for this month – email [email protected] or call 02380 337778 We handle all types of cargo, including full container load (FCL), less container load (LCL) and NVOCC groupage shipments. We…
Following the footsteps of Maersk Line, the Swiss and French container shipping giants MSC and CMA CGM have unveiled their intention to introduce a new fuel adjustment surcharge ahead of the 2020 sulphur cap. Mediterranean Shipping Company plans to introduce a new Global Fuel Surcharge as of January 1, 2019. The company expects its operating costs…
The Port of Felixstowe has stated that vessel and rail loading performance remain below target but no new issues have emerged as it works on resolving slow loading and delays caused by problems with its terminal operating system (TOS). Issues first surfaced last month when the port introduced the TOS but it confirmed in the…
Shanghai are working towards becoming an International Shipping Centre by 2020. To achieve the target and raise the city’s core competitiveness, the local government has drafted a three-year plan. One goal of the three-year plan is to further consolidate Shanghai’s status as an international shipping hub. In the Chinese mainland, the Port of Shanghai boasts…
China plans to stop allowing the recycling of international ships at its yards as of the beginning of 2019. The decision comes on the back of China’s efforts to crack down on polluter and waste producing industries in the country, which have seen many yards denied their ship recycling licenses. The Chinese-flagged ships will be allowed to…
Freight travelling through Heathrow reached record levels for the start of the year, as over 133,000 tonnes made its way through the airport in January, with export volumes growing by 10.6%. The top destinations for cargo growth were the US (1,214t), Spain (1,070t) and China (966t). Heathrow CEO John Holland-Kaye said: “Heathrow is off to…
The 2018 marine forecast for transpacific and other major shipping trade routes notes that full recovery depends on a number of political, economic and technological factors. China is also a concern. “I know analysts have been harping on about it for years,” said Transport Intelligence Ltd. economist David Buckby, “but I think given what the…
London Gateway is to lose one of its Asia-Europe services next year after THE Alliance partners unveiled their network plans for 2018. The five Asia-North Europe services will remain largely unchanged, other than in the UK where one call has been switched from London Gateway to Southampton. Hamburg and Rotterdam will both retain five weekly…
Heathrow has released new data revealing the wide array and surprising volumes of seasonal exports that fly in the bellyhold of planes in the months leading up to Christmas. Over 143 million kilograms of Christmas cargo is expected to fly via Heathrow to the world in the month leading up to December 25th, a record…