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…
Shipping goods via sea freight internationally happens on a daily basis and enables us to obtain products from anywhere in the world with ease. You could say that shipping keeps world trade turning particularly for the construction industry. The recent incident of the sea freight ship getting stuck in the Suez Canal may have prompted…
Ocean ports and freight forwarders are bracing for a challenging month as the aftermath of the Suez Canal blockage reaches Europe and Asia affecting space, equipment and other parts of the supply chain. Ocean ports and freight forwarders are bracing for a challenging month as the aftermath of the Suez Canal blockage reaches Europe and…
DP World have announced that Southampton, Britain’s second largest container terminal, will be benefitting from a major investment which will raise its significance as a premier international freight and logistics hub. DP World Southampton is a part of DP World and a leading global provider of smart logistics. One of their two UK deep water…
UK Logistics businesses are being warned to comply with new French safety regulations introduced on the 1st January or risk facing fines. The legislation states that all vehicles weighing in excess of 3.5 tonnes driving in France must display stickers indicating driver blind spots. This extends to passenger transport and commercial vehicles. Additionally, all vehicles…
The global air cargo market has virtually recovered from the losses that the COVID-19 pandemic caused according to performance data for February 2021 from industry analysts CLIVE Data services and TAC index. Chargeable weight for the last 4 weeks of the month, stood at 1% compared to February 2019 and 2% ahead of last year’s…
Due to the COVID-19 pandemic, air freight has been one of the hardest hit industries in logistics. Lockdown restrictions and travel bans have caused chaos internationally with many flights being grounded. On a normal day, air freight is responsible for the transit of trillions of dollars’ worth of shipments every year. Flying is one of…
In a statement from the Irish government, it was reported that goods shipments in Ireland have halved in number with the UK and doubled with France in the first month of Brexit. This shift in numbers highlights just one of the new issues that have arose from the new trade deal particularly with Britain’s so-called…
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…
An updated report by international market research provider, Interact Analysis, suggests that the warehouse automation market is set to make long term gains into 2023. Despite many industrial sectors suffering major losses as a result of the pandemic, COVID-19 has driven more people to turn to online shopping giving the sector a boost which is…
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