The impact of strikes on European ports and global supply chains

Recent strikes at major European ports, particularly in Germany, have sent shockwaves through the shipping industry, amplifying concerns over global supply chain disruptions and economic stability. Dock workers, demanding higher wages, have significantly impacted operations at key ports like Hamburg and Bremerhaven, crucial hubs for European trade. “These strikes are a stark reminder of the […]

The ESG wave: why environmental, social and governance practices are crucial in shipping

As global sustainability takes centre stage, the shipping industry, overseen by the UN’s International Maritime Organisation (IMO), finds itself under mounting pressure to integrate Environmental, Social, and Governance (ESG) principles.  ESG encompasses critical areas such as emissions reduction, diversity promotion, and transparent decision-making processes. This necessitates a thorough evaluation of a companyโ€™s societal and environmental […]

The Red Sea shipping crisis: A closer look at its impact on global trade

The Red Sea shipping crisis significantly impacts global trade. Attacks on vessels, attributed to Houthi rebel actions, disrupt trade through the Suez Canal, leading many ships to detour around southern Africa. Compounded by escalating conflicts in the Middle East, shipping, especially in the Red Sea region, faces substantial disruption.  Previously steady shipping channels now face […]

Strategies to manage costs and achieve sustainability in shipping for importers and exporters

Navigating the intricate landscape of transitioning towards environmentally sustainable shipping practices poses a significant challenge for importers and exporters, and the freight forwarding industry. Whether directly investing in green technologies or collaborating with freight forwarders who offer sustainable shipping options, all parties involved in the shipping process play a pivotal role in making the transition […]

Update to the Australia-Europe Free Trade Agreement: What it Means for Importers

Update to the Australia-Europe Trade Agreement

In recent developments, negotiations for a Free Trade Agreement (FTA) between Australia and the European Union (EU) have hit a roadblock, leaving both parties without a mutually agreed deal.  Australia’s aim to secure better terms for its farm exports clashed with the EU’s interests in accessing Australia’s valuable mineral resources for clean energy technologies. The […]