Category Archives: Uncategorized

How do you move an oil platform from China to UK?

China’s largest semi-submersible ship “Xinguanghua” carrying a floating platform for oil production, storage and unloading, set sail from Shengsi County in east China’s Zhejiang Province on Saturday, 25th February towards North Sea Oil Field in the UK. The platform, also known as “Hope No.6” is the first of its kind built by China. It’s cylindrical in shape and can turn in all directions along
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Textiles sourcing moving back to Europe

European textiles buyers are increasingly switching their sourcing and supply chains back to Europe because of China’s rising labour, raw material, and energy costs. Although China remains a world leader in textiles and apparel with exports of $284 billion in 2015, wages there have been rising at an annual compound growth rate of more than 12% and are no longer cheap enough to compete
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What does Brexit hold for the shipping industry?

The result of the EU referendum on June 23rd has brought many questions as to how the country and economy will be affected. One of them is what Brexit holds for the shipping industry and companies trading internationally. The truth is that at this stage it is impossible to predict the implications of the Leave vote. All will depend on the agreements that the
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Booming food exports after Brexit vote

In the third quarter of 2016 British food and drink companies recorded their best ever overseas sales as they cashed in on the falling Pound. Data published by Food and Drink Federation revealed that export of food and non-alcoholic drink totalled a record £3.4 billion between July and September – up 12.1 percent on a year ago. While EU countries remain the biggest recipient
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First “Silk Road” train from China arrives in London

The first freight train service from China arrived in London on Wednesday, January 18th completing its 18-day trip. The train originated in Yiwu City, Zhejiang Province, East China and terminated in London at Barking’s Eurohub freight terminal. The 7,400-mile journey passed through Kazakhstan, Russia, Belarus, Poland, Germany, Belgium and France before entering the UK via the Channel Tunnel. A number of different locomotives and
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200m pound loans package for Port of Dover

The expansion of a port is a step closer after a consortium of British and European lenders agreed a £200m package of loans.  The investors – including Allianz, RBS, Lloyds Bank and the European Investment Bank – have backed redevelopment of Dover’s Western Docks.   Allianz Global Investors has agreed to provide a £55m private placement bond; RBS and Lloyds Bank will each provide a
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Direct Regular Freight Route Between China And Europe Opens

The first freight train travelling from China to Latvia on the first regular direct freight route between the Asian superpower and Europe arrived at its destination on 5 November and will boost China’s imports and exports to the continent. Global Construction Review revealed that the service will be run by China Railway Express, a company established specifically to operate direct freight services between the
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Dartford Tunnel Complaints Song Close To 1M Views

A song complaining about the removal of tollbooths at the Dartford Crossing last year has attracted nearly one million views. The tollbooths were taken away and replaced with an automatic vehicle registration system in 2015 in a bid to cut the congestion at the busy spot. However, the move has been a bit of a failure. Indeed, the UK’s Freight Transport Association (FTA) last
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China and UK agree on unlimited number of freighter flights

After a successful negotiation this week the UK and China has agreed not only to allow unlimited cargo flights but also to operate more than double passenger flights between the two countries. It means that instead of 40, now up to 100 passenger flight a week each way will be allowed, with no limit on cargo flights. A restriction on the number of destinations
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Summer shut-downs of Shanghai factories

According to unofficial forwarding sources, exporters and importers from China’s Pearl River Delta could face supply-chain disruptions as factories prepare for partial and complete closures in advance of September’s G20 summit in Hanghzou. Apparently related to a clean-air campaign, factories could be forced to reduce or cease production starting as early as June. With the summit not opening until September, importers sourcing from Shanghai
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