Sea

Freight feels the Trump Effect

Judah Levine, head of research at the Freightos platform says that Donald Trump’s victory in the US presidential elections could have an effect on supply chains even before he takes office. The president-to-be is known to be in favour of stiff tariffs on overseas imports, especially those from China and anticipation of these may lead importers to pull forward shipments, “creating a preemptive freight frenzy”, Levine explained. Frontloading could cause freight rates ... [+]

No let-up in supply chain disruption, says Maersk survey

Three out of four European shippers have experienced supply chain disruption in the past 12 months, more than half with significant cost impact, according to a survey of over 2,000 of Maersk Line customers in the region More than 76% of said that the disruption had ... [+]

Spanish storm set to disrupt seasonal deliveries

Container dwell remains volatile as ports resume operations following Storm Dana in eastern Spain, potentially impacting peak season inventory, says visibility specialist Project 44. Valencia, Barcelona and Algeciras, all key for European global trade, are particularly affected, it says. Import dwell appears to be the most ... [+]

DFDS offers ro ro link to Egypt

DFDS has launched a new direct ferry service between Damietta in Egypt and Trieste, Italy, the first route between these ports in around a decade. It will run weekly, from Damietta on Fridays and Trieste on Mondays with a sailing time of about 68 hours. ... [+]

Maersk reports strong third quarter

AP Moller-Maersk says it has achieved growth across its businesses and financial results significantly above those of the previous year in its third quarter figures, published on 31 October. Its performance was primarily driven by Ocean, but Logistics & Services and Terminals also contributed through ... [+]

CMA CGM signs Morocco port deal

The CMA CGM Group has signed a joint venture deal with Marsa Maroc to equip and operate for 25 years a 750-meter section of quay and 35 hectares of yard at the Nador West Med container terminal in north-east Morocco. CMA CGM and Marsa Maroc ... [+]

Chancellor confirms new freeport customs sites

As widely expected, Chancellor Rachel Reeves confirmed that that five new customs sites at existing freeports will be designated shortly, in her Budget speech on 30 October. The government will also work to ensure the Freeports policy model aligns with the national Industrial Strategy. She said ... [+]

Stena launches first Heysham-Belfast dual-fuel ship

Stena Line has launched the first of its NewMax ships, the Stena Futura and has laid the keel of the second, the Stena Connecta at the China Merchants Jinling Shipyard, Weihai. The Stena Futura is due to go into service in Autumn 2025 They will increase freight ... [+]

Maersk signs methanol deal as food firm signs up to green scheme

AP Moller-Maersk (Maersk) has signed a long-term agreement with LONGi Green Energy Technology to supply bio-methanol fuel for its fleet of dual-fuel container vessels, produced at a facility in Xu Chang, Central China. The bio-methanol is produced from residues straw and fruit tree cuttings and ... [+]

Scots Sec visits Dundee wind hub

The Secretary of State for Scotland, Ian Murray toured Scotland’s first purpose built offshore wind marshalling facility at the Port of Dundee. Port of Dundee’s renewables hub became fully operational in 2022, following a private investment of £40 million by Forth Ports. The Secretary of State ... [+]

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