News

The importance of using a freight forwarding agent for Duty & VAT payments to HMRC



March 18, 2024 /

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…


A Guide to Getting Marine Insurance



March 11, 2024 /

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,…


Tips to reduce your carbon footprint when exporting goods abroad



March 5, 2024 /

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…


2024 Shipping Industry Predictions: A Comprehensive Analysis



January 30, 2024 /

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…


With war in Israel, how are the ports being affected?



October 17, 2023 /

Israel’s air cargo and marine gateways for trade are functioning under signs of strains as the country’s war against Hamas continues. The backlog of ships is growing at Israeli ports while operations continue at most terminals amid preparations by the military to launch a ground assault in the Hamas-controlled Gaza Strip. Ashdod port has imposed…


Why is the Panama Canal being affected by drought?



October 11, 2023 /

Drought conditions can have significant impacts on the operations of the Panama Canal, which is a vital maritime route connecting the Atlantic and Pacific Oceans. The Panama Canal relies on a system of locks and a network of artificial lakes and reservoirs, the largest of which is Gatun Lake, to facilitate the passage of ships.…


Methanol as a Game-Changer for Clean Shipping



August 1, 2023 /

Methanol has been considered as a potential clean fuel for the shipping industry due to its lower emissions compared to traditional marine fuels. It is a type of alcohol with the chemical formula CH3OH and can be produced from a variety of sources, including natural gas, biomass, and carbon dioxide (CO2) captured from industrial processes.…