Reports today are suggesting that the deadline for agreeing the UK’s divorce from the EU has unofficially been moved from October to the middle of November. It is believed that the longer time frame has been agreed as little headway is being made with a mutually...
Felixstowe Port continues to suffer with significant operational delays since introducing their new IT operating system back in June. OOCL are the latest carrier to move business away from the port. They have just confirmed their NET service between Europe and Turkey...
The impact of global warming, and subsequent melting of Arctic ice, could potentially lead to a new shipping route between Asia and Europe. The Northern Sea Route (NSR), which runs along the Russian Arctic Coast, is being utilised this week by a container ship for the...
Last week the UK’s international trade secretary – Liam Fox – suggested the odds were 60/40 against a trade agreement being in place with the EU, therefore a ‘hard Brexit’ currently seems most likely. One of the consequences of a hard Brexit will be full Customs...
Turkey – A Trade Update It has been widely reported that the Turkish currency is in crisis, with the situation apparently deteriorating on a daily basis. The Turkish Lira is down 45% against the US Dollar since the turn of the year and their annual inflation...
