Tag Archives: sea export

Govt Reassures Businesses About Export Opportunities Post-Brexit

Companies in the UK concerned about how the EU referendum result will affect them and their export and import operations have been issued a level of reassurance from the government that there are still plenty of export opportunities even now. The Department for International Trade has said that it is impossible to predict the outcome of future negotiations with the EU but for now nothing will
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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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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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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 ice and predict its movements. The iceberg has broken
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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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