In light of recent international border closures which have seriously impacted freight flows, Stena Line has confirmed that it will bring forward the introduction of its Stena Foreteller ferry on the Rosslare-Cherbourg service to Tuesday 22nd December, ahead of its original date of 4th Jan. The freight-only Stena Foreteller will… Read more »
Xeneta container rates alert: grim economic outlook spurs slight fall in long-term ocean freight rates
Long-term contracted ocean freights fell for the second consecutive month, and are now 1.3% down year-on-year, as the ramifications of Coronavirus continue to shake the foundations of the global economy. According to the latest XSI® Public Indices report from Oslo-based Xeneta, rates fell by 1.8% in June, following on from… Read more »
BG Freight Line introduces tri-weekly Dublin-Liverpool service to meet growing demand in the Irish Sea
BG Freight Line has taken a positive step by adding an additional weekly service call to meet the growing demands of container traffic between Liverpool and the Irish Sea hub. The newly announced service will call between Liverpool and Dublin on a tri-weekly basis, ensuring a regular facility to the… Read more »
Maersk to pilot a battery system to improve power production
A containerized 600 kWh marine battery system will be installed in a trial on board the Maersk Cape Town in December 2019 to improve vessel performance and reliability while reducing CO2 emissions. “This trial will provide a greater understanding of energy storage that will support Maersk in moving towards further… Read more »
A.P. Møller – Mærsk A/S grows revenue and underlying profit in the third quarter of the year
In Q3, the revenue of A.P. Møller – Mærsk A/S’ continuing operations increased by 14% year on year driven by higher freight rates in Maersk Line. The underlying profit was USD 248m, with an improvement of USD 290m in Transport & Logistics and a decline of USD 15m in Energy…. Read more »
Seatruck CEO: Bay Gateway M6 relief road unleashes Port of Heysham’s potential
IRISH SEA freight ferry operator Seatruck says the opening of the new £124.5million Bay Gateway relief road in Lancaster, is the biggest commercial opportunity for the Port of Heysham in its history. Seatruck CEO Alistair Eagles said the opening, on October 31, is the long awaited ‘big bang’ moment for… Read more »
Irish Exporters Association response to Budget 2017
The Irish Exporters Association (IEA), the representative body of the export industry in Ireland, welcomes the government’s support geared at SMEs and business start-ups, the changes in USC and preservation of Ireland’s 12.5 per cent corporation tax rate in in Budget 2017; however, more could have been done for indigenous… Read more »
2016 is proving to be a real milestone year for Seatruck Ferries
2016 is proving to be a real milestone year for Seatruck Ferries. It is 20 years since the company began operations on the Irish Sea. Introducing a larger vessel on the Dublin-Liverpool route just in March this year. And now Seatruck has made two other major announcements about its services… Read more »
World shippers meet to discuss Key Shipping, Air Cargo and Trade Facilitation issues
Shippers’ representatives from Asia, Africa and Europe will meet in Sri Lanka this week to discuss key issues affecting shipping globally. The Global Shippers’ Forum (GSF) holds its annual meeting on 28 and 29 July in Colombo, where a packed agenda will cover pressing topics including mega ships and alliances,… Read more »
Irish Exporters Supply Chain Ireland Event Advises Munster Exporters of 2016 Regulatory Changes
The Irish Exporters Association (IEA), the voice of the export industry in Ireland, held a seminar to inform exporters with multimodal supply chain, logistics and customs issues on a number of regulatory changes taking place in 2016. The event brought over 70 industry specialists from the air, road, sea and… Read more »
