News

Strike action expected at Felixstowe this month



August 15, 2022 /

The UKs biggest container port faces strike action this month as staff vote for a walk out over pay. Close to 2,000 workers have launched a formal strike from August 22nd - 29th, potentially creating trade and supply chain disruptions in the region. 48% of all containers brought into the UK are transported through the…


HMRC urge move over to new customs system



August 8, 2022 /

Time is running out to move over to switch to HMRCs new customs system before Septembers deadline - with more than 3500 businesses at risk of severe delays if they do not migrate to the Customs Declaration Service (CDS) before it switches off. Director of programme and operational delivery for borders and trade Julie Etheridge…


Ukraine Re-Opens Three Ports for Grain Shipments



July 27, 2022 /

Following two months of negotiations by the United Nations and Turkey, there’s finally a signed agreement to re-open three of Ukraine’s Black Sea ports for grain shipments opening the route for significant volumes of food exports. Guarantee of safe passage UN Officials have said that Russia and Ukraine have the elements in place such as…


Decarbonisation and greener fuel an important issue



October 30, 2019 /

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…


Vessel emissions won’t be cut by sailing slower



May 8, 2019 /

Policy director of the UK Chamber of Shipping Anna Ziou has slammed French proposals to impose speed limits as a way to cut shipping emissions. She claims it would give a “false impression” of the industry taking action.  Ms Ziou’s objection follows an outcry from container lines following the French IMO delegation’s proposals becoming public last month.  “To achieve a 50%…


$586m loss hits ONE’s parent carriers



May 1, 2019 /

Japanese merged carrier Ocean Network Express (ONE) recorded a net loss of $586m in its first year of operation, however it said it expected to move into the black in its second year.  ONE, formed from the container businesses of K Line, MOL and NYK,was supposed to produce synergistic returns for its parents. Instead it has dragged down the P&L…