Category: Sea Export
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Personal and household effects – a shipper’s guide
We have prepared these notes to assist you if you are shipping personal effects for the first time and are concerned about the processes and what happens after you have booked your shipment with us. Packing your Effects Many people think that because they are shipping their cargo in a metal container their cargo may be…
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MOL Triumph – worlds’s largest containership
MOL’s newest vessel, the first of a fleet of six 20,000 TEU-class containerships for the company was named MOL Triumph in a ceremony at SHI in South Korea on March 15th, 2017. At 400 metres long and 58.8 metres wide, MOL Triumph is currently the world’s largest containership. It weighs 192,672 tonnes. With a capacity…
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Air and Ocean Freight Prices reach Record Differentials
The gap between Air and Ocean freight rates widens more and more. The price differentials have now reached a record height. With sea freight rates being low for several weeks already and air freight rates raising more and more towards end-of-year peak season, it has now reached double the norm. Air freight rates have been quite…
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Iran to Hold Potential for Freight Firms
With its Nuclear Agreement, Iran is about to open up for international economy. This is good news not only for the Iranians, but also for freight firms. The country offers great opportunities for businesses, especially in oil and gas, high-tech and automotive. Logistics benefits from Irans good transport infrastructure and the need to improve their…
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Yemen closes its territorial waters
As a result of political situation in the region, navigation in Yemen’s territorial waters has been banned this week and ships are not allowed into Yemen unless inspected and approved by Saudi-led coalition forces. Only emergency goods and medical aid vessels will be allowed entry into Yemen after being searched and approved by coalition forces.…
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Maersk and MSC shipping lines sign an historic 10-year agreement
Maersk and MSC shipping lines have signed an historic 10-year agreement to share vessels. The shipping lines have embarked on an agreement, similar to airline code sharing. This news comes after China rejected the P3 agreement with the two carriers and the French carrier CMA-CGM based on concerns of forming a monopoly. The partners are…
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VIDEO: Cargo ship sinks off UK coast!
Cargo ship Sea Breeze was towed by tug Tennaherdhya to St Austell Bay after sinking off the Lizard peninsula in Cornwall, after water was found in the vessel’s engine room. Travelling from Liverpool to Shoreham, the Barbados-registered vessel was carrying 2750 metric tonnes of limestone, 16 metric tonnes of gas oil, and 3.5 metric tonnes…
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Container washes up on UK Shore!
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A fourth Maersk shipping container has been discovered off Devon on the southwest UK coast. The lost cargo has been washed up after falling off the Svenborg Maersk in the Bay of Biscay during stormy weather, last month and was spotted off Start Point in Devon. All 4 containers have found their way to UK…
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Sea freight rates take an unexpected tumble for October!
Asia-Europe market rates have taken an unexpected tumble for October, so it would be a good time to get your bookings in before they start rising again for November sailings. Some carriers are forecasting increases up to $900 per teu next month. Usually this time of year there is an increase in freight rates as…
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China hits importers/exporters with VAT on Freight Rates
As from 1st August 2013 China have announced a tax scheme which imposes 6% VAT onto the freight industry, this VAT will affect both air freight and sea freight rates for freight which is paid at origin China. Ocean rates agreed in the UK will remain unaffected, as these rates are negotiated and paid in the…