Author: Ed Banks

A 400m-long container ship, approximately the length of four football pitches, has become wedged across Egypt's Suez Canal, blocking one of the world's busiest trade routes.The 200,000 tonne ship ran aground and became lodged sideways across the waterway at about 07:40 local time (05:40 GMT) on Tuesday. image courstesy of www.vesselfinder.com Many vessels are stuck,…

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…

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…

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…