News

Port of Yantian reopens

Yantian International Container Terminal (YICT) has fully reopened and resumed normal operations after an outbreak of COVID-19 caused it to shutdown in May, resulting in congestion and vessel diversions. (more…)

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eCommerce sellers hit by EU VAT changes

On 1st July 2021, the European Union is introducing sweeping reforms to the VAT obligations for B2C e-commerce sales and marketplaces, which will have a profound impact on UK eCommerce sellers. (more…)

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Yantian disruption spreading in South china

The partial closure of Yantian International Container Terminal (YICT), a single port that handles roughly 13 million TEU annually, is already having a greater impact than the Suez blockage, with vessel diversions creating congestion at nearby ports. (more…)

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Yantian congestion abates, but doesn’t clear

Despite last week’s temporary closure to container deliveries, congestion continues at Yantian International Container Terminal (YICT), as the port struggles to restore operational efficiency after suffering a COVD-19 outbreak. Container gate-in times have now been reduced, from four to three days of a vessel’s estimated…

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Carriers fear weeks of critical delays

Congestion in North Europe’s major ports will reach “critical” levels over the next four weeks as container terminals try to work through the backlog of fully laden ships delayed by the six-day Suez Canal closure, shipping lines warn. (more…)

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Suez impact ripples out

After blocking the Suez Canal for one week, the Ever Given was successfully re-floated and removed from the Canal yesterday afternoon, with the Canal authorities taking immediate action to start clearing the hundreds of waiting vessels, but however quickly the backlog is cleared the consequences…

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UK ports brace for Suez Canal re-opening

With up to 50,000 containers adding to the Suez Canal queue every day, UK ports and their supporting infrastructure are bracing for, what is likely to be, the largest volume spike ever experienced. (more…)

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