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 […]
Textiles sourcing moving back to Europe Read More »
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
What does Brexit hold for the shipping industry? Read More »
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
Booming food exports after Brexit vote Read More »
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
First \”Silk Road\” train from China arrives in London Read More »
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
200m pound loans package for Port of Dover Read More »
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
Direct Regular Freight Route Between China And Europe Opens Read More »
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
Dartford Tunnel Complaints Song Close To 1M Views Read More »
Reducing CO2 emissions within the shipping industry is a key focus of the Marine Environment Protection Committee (MEPC), which is currently meeting in London. Climate Home reports that the first two days of the talks, which run until 28 October, have been dominated by discussions over how to deal with the climate impact of overseas
Shipping Industry In Talks Over Emissions Read More »
The government has announced that Heathrow Airport is to be expanded with a new runway added to the site, part of Whitehall’s plans to create a global Britain and build an economy that works for all. This will be the first full length runway to be constructed in the south-east of the country since the
New Runway Agreed Upon For Heathrow Airport Read More »
Five years ago 26 Asian sailor were kidnapped by Somali pirates and held captive in a small fishing village in Dabagala near the village of Harardhere. Last week they were finally released. The sailors — from China, the Philippines, Cambodia, Indonesia, Vietnam and Taiwan — were seized near the Seychelles in March 2012, a time
26 Asian captive have been released by Somalian pirates Read More »
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