According to the Department for Transports recently published 2016 final figures, total freight tonnage handled by UK ports declined by 3% in 2016. This decline is attributable to a large reduction in demand for coal imports. Despite this, steady growth has been experienced in unitised traffic, which saw its fourth consecutive year of growth in…
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During 2016 126 ports handled more than 1 million teu containers. According to DynaLiners report entitled millionaires roundup, 82 ports had experienced growth in the year with 5 ports showing growth of 25% or more. These ports were Chittagong, Bangladesh (26%), London (26%), Salalah, Oman (29%), Tangshan, China (27%) and Southampton (26%). 14 ports reached…
As government negotiations to facilitate Britain’s exit from the European Union gather pace, the UK Chamber of Shipping says the EU is ignoring the risk Brexit could bring to European ports. According to one group of MPs the increase would be five fold and confidence in border arrangements post Brexit is alarmingly low. Her Majesty’s…
According to the Freight Transport Association (FTA) the government’s commitment (announced on 26 June 2017) to securing existing duty free access to UK markets for 48 of the world’s developing nations will ensure that British manufacturers and retailers can continue to trade efficiently and profitably. These agreements should ensure that the price of household items,…
The changes in shipping alliances recently put in place have have already had a big impact on European ports. Coming into effect on April 1st, shippers have experienced significant changes in their carriers’ service networks. On the trans-Pacific trade alone, the alliances will offer 18% fewer direct routes and 33% of the routes will have…
Eurotunnel brought 3 new freight shuttle carriers for lorries into service at the end of April. They will provide 20% more capacity and mean that Eurotunnel can offer up to 8 departures an hour at peak times instead of the current 6. With a cost of 40 million euros, this could be seen as a…
The latest figures from Drewry's Sea and Air Shipper Insight report show that average ‘all-in’ air freight rates across 21 major east-west trade lanes increased by 7.9% year on year in March to reach $2.84 per kg. Prices were also up on February levels when airlines achieved an average price across the trade lanes of…
Since 2013 China have been advertising the One Belt One Road initiative, a scheme to join a network of roads, ports, railways and other links from East China through Southeast and South Central Asia to Europe. This belt of land based links is paired with the Maritime Silk Road, which stretches from Australia to Zanzibar.…
According to a new study, motorists who rely on computer navigation devices do in fact “switch off” part of their brain in the process. A University College London team took 24 volunteers on a two-hour walking tour of Soho, then asked them to “drive” a computer-simulated car through the area’s narrow streets the following day.…
The British Prime Minister has become the first foreign leader to hold talks with the new President in the White House. Discussions are to be centred around an agreement to cut, or even drop, tariffs on items Britain and America already export to one another. Speaking on the BBC's Today programme, former economic advisor to…