Long-term contracted ocean freights fell for the second consecutive month, and are now 1.3% down year-on-year, as the ramifications of Coronavirus continue to shake the foundations of the global economy. According to the latest XSI® Public Indices report from Oslo-based Xeneta, rates fell by 1.8% in June, following on from… Read more »
BG Freight Line introduces tri-weekly Dublin-Liverpool service to meet growing demand in the Irish Sea
BG Freight Line has taken a positive step by adding an additional weekly service call to meet the growing demands of container traffic between Liverpool and the Irish Sea hub. The newly announced service will call between Liverpool and Dublin on a tri-weekly basis, ensuring a regular facility to the… Read more »
DP World Southampton welcomes giant banana boat
Shipping company Maersk has changed its UK call on the ECUBEX South America reefer service (known as the Banana Boat) to Southampton’s DP World terminal. The move to DP World Southampton ensures that speed to market and improved product shelf life is maintained for one of the UK’s biggest banana… Read more »
EU Block Exemption Regulation renewal ignores views of shippers, says GSF
The recommendation by the European Commission to renew the Consortia Block Exemption Regulation (CBER) for a four-year period from April 2020 has been slammed by the Global Shippers’ Forum (GSF), the voice of businesses importing and exporting goods around the world. James Hookham, Secretary General of GSF said: “We are disappointed… Read more »
FTA Northern Ireland: Logistics industry concerns over sulphur surcharge for Irish Sea shipping routes
FTA Northern Ireland is concerned that businesses shipping goods via the Irish Sea are set to be faced with additional surcharges from shipping lines, which will make the cost of doing business with GB and Europe more expensive for Northern Irish businesses. The additional transport costs – estimated by FTA… Read more »
Maersk to pilot a battery system to improve power production
A containerized 600 kWh marine battery system will be installed in a trial on board the Maersk Cape Town in December 2019 to improve vessel performance and reliability while reducing CO2 emissions. “This trial will provide a greater understanding of energy storage that will support Maersk in moving towards further… Read more »
Metal exporting goes up 77% in last 3 years
Sackers have seen impressive growth of 77% in international trade since 2016, that’s averaging 21% year on year. Sackers are experts in processing scrap metal and sorting it into purer groups within ferrous and non-ferrous categories. The goods are sold for recycling to manufacturers. Their international sales are made up… Read more »
Samskip to connect Portugal and the UK direct
Samskip has launched a new, direct weekly service connecting Portugal and the UK, introducing its own vessel to sustain links between Tilbury, Lisbon and Leixões and its multimodal hub port of Rotterdam. The Netherlands-based group introduced a 1,000TEU container ship on charter from November 1. It will sustain a UK-Portugal… Read more »
Britcon completes £1.6M contract for shipping firm
Britcon (UK) Ltd has successfully completed and handed over a new £1.6 million warehouse and office facility for Viking Shipping Services Ltd at its HQ site in Selby, Yorkshire. The civil engineering and building specialist completed the design and build contract on budget and within a tight timeframe of just… Read more »
Ocean Network Express joins TradeLens blockchain-enabled digital shipping platform
Ocean Network Express (ONE), together with Hapag-Lloyd, joins TradeLens, the blockchain-enabled digital shipping platform jointly developed by A.P. Moller – Maersk and IBM, to benefit shippers and drive greater innovation. CMA CGM and MSC Mediterranean Shipping Company also recently announced joining TradeLens. ONE is constantly strengthening and expanding its coverage… Read more »