Tag: freight rates
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London Gateway introduces Quad Lift Shipping Crane!
Home to the largest cranes in the World and capable of handling the largest vessels in the World, London Gateway has now become the first UK port with the ability to lift four containers at one go. The engineering team at the Port has devised a quad lift shipping crane which doubles the amount of…
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General rate increase & full vessels! As China welcomes Year of the Horse!
As our celebrations for the New Year come to a close, China is preparing for the most important festival of their year, the Chinese New Year or Spring Festival as it is otherwise known, and it is fast approaching! Chinese New Year falls on 31 January 2014, most of China and Vietnam will shut down…
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Giant iceberg threatens international shipping lanes!
A giant Antarctic iceberg has broken free of the continent and could be about to drift into busy international shipping lanes, a team of British scientists has warned. The Government has awarded experts with an emergency grant of £50,000 to fund a six-month project in which they will try to track the progress of the…
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Open for business! London Gateway UK’s newest Port!
Its official! After more than a decade of planning and construction the wait is now over as London Gateway has officially opened its brand new state of the art terminals for business! Costing £1.5billion and located in Thurrock, Essex, the port is 20 miles down the River Thames from London, and will be the UK’s…
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Felixstowe Port Welcomes World’s largest container ship!
The container ship ‘Majestic Maersk’ has been gaining much interest since she set off from the Far East a few weeks ago on her maiden voyage, and after being officially named in Copenhagen on 29 September and welcoming over 50,000 visitors on board for a tour, it’s no wonder that Felixstowe Port was a hive…
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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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Mercy Mission as London Gateway welcomes Zim Rotterdam!
London Gateway, Britain’s newest deep sea Port and Logistic Park has opened its non operational state of the art terminal to welcome fire damaged Zim Rotterdam as she enters the UK after her traumatic voyage. The 10,000 teu ship was diverted to London Gateway from Felixstowe at short notice on Friday 13 September and is…
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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…
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Rise in Asia-Europe box volumes expected Mid September
Shipping lines are expecting a surge in volumes on the Asia-Europe trade in the coming weeks, which will support attempts to increase prices on the trade in mid-September. The reason behind these expectations is the rush as Far East suppliers export goods from China ahead of the National Day holiday, which runs from October 1…
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Zim Rotterdam on Fire!
It seems to be one vessel disaster after another this summer. The latest being the Zim Rotterdam which caught fire between 23-27 August on route from Port Klang to Felixstowe. Due to arrive into Felixstowe Port on 4th September, the vessel has now berthed at Sokhna Port for further investigation and necessary repairs. This is…