The Port of Felixstowe, which handles 36% of the UK\’s freight container traffic, has been troubled by a logjam of shipping containers in recent months. Some the largest 20,000-container ships were waiting outside Felixstowe for between four to seven days, and some have been rerouted to other European ports, where smaller vessels will be used […]
A logjam at the Port of Felixstowe Read More »
A major new OECD report states global freight demand is set to surge in the coming decades but will also be subject to disruptive factors. ITF Transport Outlook 2019 outlines a range of transport demand scenarios through to 2050 and concludes global freight demand will triple between 2015 and 2050, based on current demand growth
Freight Demand Will Triple by 2050 Read More »
The International Maritime Organization (IMO) has amended the SOLAS (the Safety of Life at Sea) regulations to require that container weights must be verified prior to loading. The regulation will go into effect on July 1, 2016 when it will be a violation to load a packed container on to a vessel if the operator
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
Air and Ocean Freight Prices reach Record Differentials Read More »
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
Iran to Hold Potential for Freight Firms Read More »
Importers may face increased scrutiny of products imported from the Tianjin area, affected by a nuclear blast last month. On 12 August, a chemical explosion occurred at the industrial centre named Bihhai New Area, where hazardous chemicals such as sodium cyanide were stored. The FDA in the US requires submission of documents of goods like
Additional Controls for Tianjin Imports Read More »
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.
Yemen closes its territorial waters Read More »
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
VIDEO: Cargo ship sinks off UK coast! Read More »
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
Container washes up on UK Shore! Read More »
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
Sea freight rates take an unexpected tumble for October! Read More »
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