Uncategorized

Transforming Asia-Europe Trade: Megaships Revolutionize Capacity and Deliveries

Asia-Europe trade has experienced a significant increase in capacity with the introduction of megaships for deliveries. Megaships are ultra-large container vessels that have revolutionized the shipping industry in terms of scale and capacity. These vessels can carry a massive number of containers, enabling the transportation of goods on a much larger scale than ever before. …

Transforming Asia-Europe Trade: Megaships Revolutionize Capacity and Deliveries Read More »

Important Changes Coming for Businesses with XI EORI Numbers

According to the announcement from HMRC, businesses that move goods into or out of Northern Ireland require an Economic Operator’s Registration Identification (EORI) number starting with XI, which can only be obtained by having a permanent business establishment in Northern Ireland. However, if a business does not have a permanent establishment in Northern Ireland, they …

Important Changes Coming for Businesses with XI EORI Numbers Read More »

UK’s Accession to CPTPP: A Comprehensive and Progressive Trans-Pacific Partnership

The Government has substantially concluded negotiations on the UK’s accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a free trade agreement (FTA) including 11 members: Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam. CPTPP is a trade bloc that is populated by around half a billion people with …

UK’s Accession to CPTPP: A Comprehensive and Progressive Trans-Pacific Partnership Read More »

Impact of Brexit’s Irish Sea Border : Navigating the New Normal

The Irish Sea border created as a result of Brexit has had a significant impact on logistics and supply chain operations for businesses operating in Northern Ireland and the rest of the UK. The new customs and regulatory checks have resulted in increased bureaucracy and delays in the movement of goods across the Irish Sea. …

Impact of Brexit’s Irish Sea Border : Navigating the New Normal Read More »

Latest set of border strikes to disrupt goods movements this weekend

The Public and Commercial Services (PCS) union has declared new strikes, which will affect ports in South East England later this week. PCS Border Force employees in Dover, Calais, Dunkirk, and Coquelles will go on strike from Friday, February 17 to Monday, February 20. (until 7am). An email from HMRC’s Joint Customs Consultative Committee (JCCC) …

Latest set of border strikes to disrupt goods movements this weekend Read More »

Boxport congestion back to pre-covid levels

According to one UK index, boxport congestion has returned to pre-covid levels. According to the most recent Clarksons Research data, a key driver of liner shipping’s recent record earnings has vanished. Clarksons containership port congestion index closed at 31.5% on Friday, matching the pre-covid (2016 – 2019) average of 31.6%. The figures for Friday represented …

Boxport congestion back to pre-covid levels Read More »