Archive: News

By Paul Kelly in News Posted: 13th, October, 2022

Shipping lines cancel multiple sailings from China

Despite continuing port congestion across Europe and low schedule reliability (30%) tying up so much capacity, the shipping lines have announced yet more blanked sailings. (more…)

By Paul Kelly in News Posted: 13th, October, 2022

Asia market update; October

Market fundamentals have been changing rapidly and the costs of transporting goods out of China and many other critical sourcing regions continues to sink amid a sharp economic slowdown in…

By Paul Kelly in News Posted: 12th, October, 2022

Rates soften despite disruption at European ports

Market analysts are surprised that freight rates from Asia to Europe have fallen so far in the third quarter (Q3) despite the fact that schedule reliability is only 30% and…

By Paul Kelly in News Posted: 29th, September, 2022

Port of Liverpool facing a third week of strike action

Peel Port, the operator of the Port of Liverpool, has confirmed that Unite Union members at the port will take further strike action from Tuesday 11th October to Monday 17th…

By Paul Kelly in News Posted: 29th, September, 2022

Container shipping lines blank more sailings from Asia

Continuing congestion at North European container hubs and US ports on the East, Gulf, and West coasts, is likely to dissipate as shipping lines implement their biggest blanking programme for…

By Paul Kelly in News Posted: 22nd, September, 2022

New Felixstowe strike will overlap with Liverpool walkout

Dock workers began their planned two-week strike at Liverpool port on Monday, 19th September, while a second strike at Felixstowe, the UK's busiest port, will begin on the 27th September…

By Paul Kelly in News Posted: 7th, September, 2022

Two week Liverpool port strike

Dock workers at the Port of Liverpool have announced two weeks of strike action, from the 19th September, after branding a pay offer from the port’s management, a “pay cut”.…

By Paul Kelly in News Posted: 7th, September, 2022

Asia market update; August

The recent strike at the port of Felixstowe saw vessel calls drop from 29 to 5, as lines called at alternative ports or delayed cargo to avoid disruption. With  Liverpool…

By Paul Kelly in News Posted: 7th, September, 2022

HMRC’s new Customs Declaration Service launches in days

The Customs Declaration Service (CDS) will become the only UK customs platform when HMRC turns off the legacy CHIEF system on the 30th September and we can only submit customs…

By Paul Kelly in News Posted: 26th, August, 2022

Felixstowe strife may continue and Liverpool set to follow

With employers seemingly standing firm, the Unite Union is threatening that industrial action at Felixstowe could continue until Christmas and while dates for strike action had yet to be determined…

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