Industry News

Want to know more about the new EU dual-use OGEL? Register for the export control webinar on 1 March

If the UK leaves the EU without a deal, dual-use items from the UK to the EU will need a licence.

Stakeholders in the Maritime Logistic Supply Chain call for a repeal of the Consortia BER

Organisations representing the main maritime logistics industry stakeholders (shipping lines, shippers, freight forwarders, terminal operators, labour, port authorities) as well as EU national maritime authorities met on the 8th February in Paris at a roundtable hosted by the International Transport Forum (ITF OECD). The objective of the meeting was to exchange views and positions which could be relevant for the ongoing Review of the EU Consortia Block Exemption Regulation assessing the validity of the BER which provides the liner shipping industry a generous exemption from normal competition rules.

New London port gets go-ahead

Forth Ports Group receives planning consent for new port on the River Thames.

World Container Index - 14 Feb

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is up 1.1% to $1,682.67 per 40ft container (updated Thursday, 14 February 2019).

World Container Index - 07 Feb

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down 3.2% to $1,664.24 per 40ft container (updated Thursday, 07 February 2019).

Air Freight Demand Ends Year Up 3.5%, Despite Softening Late 2018

The International Air Transport Association (IATA) released full-year 2018 data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs) grew by 3.5% compared to 2017. This was significantly lower than the extraordinary 9.7% growth recorded in 2017.

Uncollected Cargo – mitigating the risks

The problem of uncollected cargo is a perennial problem for NVOCC operators, often resulting in considerable bills on warehousing, container demurrage, and disposal costs. Apart from anything else, there is a significant drain on management resource to bring resolution.

Letter to businesses about the UK leaving the EU

HMRC are writing to VAT-registered businesses, that trade only with the EU, with details of important actions they need to take and changes to be aware of in the event of the UK leaving the EU without a deal. It is the third letter to businesses on preparing for the UK leaving the EU.

Brexit preparedness on Border Procedures

On 31 January and 1 February, the Members of the CLECAT Customs & Indirect Taxation Institute (CITI) met in Brussels. The main topic of the meeting was Brexit and all the related border procedures. Updates were given on the national practical preparedness efforts, such as procedures in ports and the Eurotunnel.

World Container Index - 31 Jan

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is down 2.6% to $1,719.61 per 40ft container (updated Thursday, 31 January 2019).