Container Ship Blocking Suez Canal Freed!

Tug boats celebrated by sounding their horns as the gargantuan Ever Given was dislodged on Monday after blocking the Suez Canal, a major global trade route, for the best part of a week. Had the vessel remained lodged, the alternative route around the Cape of Good Hope would have added just under an additional 10 days to any other vessel's journey time. Despite ongoing serious congestion and expected delays, this development means that a positive…

Container Ship Ever Given Blocks Suez Canal

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, waiting for rescue boats to free the ship, which was knocked off course by strong winds.Egypt has reopened the canal's…

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…