Fedex, the American parcel delivery company, has agreed to buy its European rival TNT Express in a £3.2 bn deal to boost its services on the continent. The take-over comes two years after European competition regulators blocked FedEx’s US rival UPS move to buy TNT. The purchase was halted on the grounds that the deal […]
As a result of political situation in the region, navigation in Yemen\’s territorial waters has been banned this week and ships are not allowed into Yemen unless inspected and approved by Saudi-led coalition forces. Only emergency goods and medical aid vessels will be allowed entry into Yemen after being searched and approved by coalition forces.
Yemen closes its territorial waters Read More »
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
New export markets Read More »
Maersk and MSC shipping lines have signed an historic 10-year agreement to share vessels. The shipping lines have embarked on an agreement, similar to airline code sharing. This news comes after China rejected the P3 agreement with the two carriers and the French carrier CMA-CGM based on concerns of forming a monopoly. The partners are
Maersk and MSC shipping lines sign an historic 10-year agreement Read More »
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
Container washes up on UK Shore! Read More »
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
Mercy Mission as London Gateway welcomes Zim Rotterdam! Read More »
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
Rise in Asia-Europe box volumes expected Mid September Read More »
With the South East being home to 2 large container ports large enough to house vessels, which are the length of four football pitches and the height of 14 double-decker buses, and now also home to the new Thames Gateway opening this year questions are being raised about the amount of road congestion and indeed
Revival of Ports “up North” Read More »
A new generation of vessel so large – almost a quarter-mile long, wider than a motorway and taller than a 20-storey office block, will be coming into service this summer. The vessel named as The new Triple E will be able to carry 18,000 20ft containers, three times as many as the biggest container ships
Triple E – Worlds Largest Container Ship Read More »
Cargo is piling up as a strike in the container port in Hong Kong has entered a 15th day. Hundreds of dock workers and crane operators are striking as they have not had a pay rise in 10 years even as the cost of living has soared, they are demanding a pay rise of around
Hong Kong Port Strike – continues Read More »
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