Valencia Port Strike Update – Called Off

The stevedoring unions of the port of Valencia have decided to call off the strike scheduled for six days in the month of November, which was to begin at 02:00 am 10/11/2020, after reaching an agreement with all parties involved. Services are expected to continue running. If you have any queries, please do not hesitate to get in touch. Like to discuss anything you've seen above? Or anything else freight related? then get in touch!…

The importance of understanding Incoterms post-Brexit

Incoterms – if you deal in international trade, you’ve likely come across incoterms at some point – they are, after all, the internationally recognised terms to layout agreements between buyers and sellers in the aim of mitigating as much confusion and “lost in translation” moments as possible. With that in mind, we have Brexit and a new European trading relationship upon us with new customs clearance procedures to follow - so it’s best we familiarise…

Port of Bilbao Strikes – Update

Following from our previous updates regarding the situation in Bilbao and the disruption it is causing at the Port, we have just been informed, despite extensive negotiations over the last week between the Dockers Union and the Terminal Operators, that a further extension to the current strike period will be enacted. The Strike will now continue until the 09/12/2020. Shipping Lines continue to operate from the port, however the extension in the Strike will mean…

England returning to lockdown & shipping.

The UK government announced on Saturday evening that England is to re-enter a “full” lockdown, not dissimilar to the first one the country entered at the beginning of the year, following a rise in Covid-19 cases. This is no doubt going to raise questions for yourself on what impact it has on your shipments, and although we are awaiting more information on exactly what wider effects this is going to have, we have a fair…

Earthquake disrupts Izmir

A tragic earthquake in the Aegean has hit Izmir, Turkey. The earthquake, which toppled over 20 buildings and claimed 4 lives so far, is likely to cause disruptions at the port. As the country deals with the disaster, we advise that any shipments coming out of the region to expect delays. As the outward effects of the situation reveal themselves, we will advise accordingly. If any shipments through Banks & Lloyd become affected, your account…