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Latest From Mike King
Companies are looking at ways to reduce the number of times that goods are actually being transferred between the UK and Europe, says Dutch shipper body
The US looks set to terminate India’s preferential trade treatment under its GSP, which aims to provide zero duty and concessional custom duty access to imported goods originating in developing countries
Shippers in the northwest of the UK would prefer a local gateway if Asia services called at Liverpool
MSI predicts weak freight rates will see scrapping surge, but the forecast upturn in sub-capesize earnings in Q2 and Q3 will not be shared by the capesize market
Smaller regional carriers are particularly at risk from higher costs imposed by low-sulphur regulations
Carriers are expected to begin charging additional fees to share the cost burden of compliance from the third quarter onward