Tag Archives: exports

New export markets

Global economies are constantly evolving and new markets are always emerging. Businesses need to keep an eye out for new markets just beginning to thrive so that they don’t miss out on new sea export opportunities. With their diverse and dynamic economies, the main focus is on the MINT and CIVETS countries, which are expected to make up some of the top 20 contributors
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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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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 from 29 January, and will resume work around 7
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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 second largest capable of accommodating the largest cargo ships
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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 of excitement this week with preparations in full force
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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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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 the largest ever cargo vessel to enter the Thames
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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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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 to October 7 2013. China import export will also
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Zim Rotterdam Update

As of today 4 September 2013, the Zim Rotterdam is back on route on Suez Canel with a new estimated day of arrival now Saturday 14 September 2013 into Felixstowe Port UK.