Category Archives: Sea Export

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 adequately protected. The fact is that whilst a shipping
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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 of 20,170 TEU, the vessel is the first 20,000
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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 stable, with peak-season and capacity restrictions. On the contrary,
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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 airspace field. But this is not the only area
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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. A Saudi Arabia- backed blockade of ports in Yemen
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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 now calling it the 2M agreement. Both European and
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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 of lube oil. Falmouth Coastguard was called early morning
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Container washes up on UK Shore!

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 shores. The contents of the latest shipping container are
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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 China shuts down for their national holidays, however this
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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 UK. What does this mean to you the importer/exporter?
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