Croft Cargo have now received several carrier notifications of an Ocean Freight General Rate Increase (GRI) from Asian origin points, effective from May 1st 2024.
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The seizure of the 15,000 TEU 'MSC Aries' has raised a new threat to shipping in the Middle East region, being the first direct action by the Iranian military.
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The widely reported bridge collapse in Baltimore last week has had knock-on effects for ocean freight movements along the US East coast.
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A containership has collided with a bridge in Baltimore this morning, which immediately collapsed into the Patapsco river along with several vehicles.
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Airlines are currently dealing with large cargo backlogs in India's major international airports as volumes and rates spike, most notably at Delhi and Mumbai airports.
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Houthi Rebels have shown no let up in their attacks on ships in The Red Sea, but the latest attacks this week have failed to hit their targets.
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The Red Sea crisis has reached a devastating low point this week, as a Houthi missile strike in the Gulf Of Aden has led to the first loss of life for merchant crew members during the conflict.
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The carrier alliance packs are shuffling ahead of 2025, but it looks as though The Ocean Alliance are set to "stick" following a recent announcement.
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An attack on a UK registered cargo ship this week has perhaps been the most damaging of the Houthi rebel campaign, as the crew were forced to abandon ship.
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As a result of the ongoing attacks on commercial shipping in the Red Sea, and the subsequent longer journeys being incurred around Africa, demand for Asia-Europe air cargo has been on the increase.
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This weekend sees the start of Chinese New Year (CNY), which means China’s export production will effectively come to a halt for the next fortnight, as a new ‘Year of the Dragon’ gets under way.
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New import rules for animal and plant based products, originating from the EU and EFTA, come into effect from today.
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Truckers, and especially farmers, have been staging protests around Europe during recent weeks, which has started to disrupt some logistics routes on the continent.
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Despite naval vessels patrolling the Red Sea region, attacks on commercial ships have been continuing and we are now witnessing a shortage of capacity and equipment on Asia-Europe tradelanes.
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Maersk and Hapag Lloyd have announced a new cooperation agreement this week that will be introduced from 2025, and which comes as a big surprise to much of the shipping industry.
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The ongoing situation hindering sea freight movements in the Red Sea area may be about to impact air freight too, as many are forecasting that air freight rates from Asia are about to start rising fast in the coming weeks.
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Asia ocean freight rates are spiralling upwards once more as market conditions start to resemble those that immediately followed the coronavirus pandemic.
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In an immediate response to the developments in the Red Sea region, ocean freight rates appear to be escalating, with Asia origin spot rates already skyrocketing.
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It is now just a few days until the big man starts his magical journey from the North Pole on Christmas Eve, and Croft Cargo have certainly played our part.
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At least two attacks on cargo ships Friday has led to Maersk Line pausing all ships that are due to travel through the Bab al-Mandab Strait. The Strait is in the approach to the Red Sea and Suez Canal.
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We head in to 2024 with issues surrounding the world’s two global shipping canals, perhaps posing the biggest to global logistics and supply chains during the first part of next year.
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The Biden administration have put into place several new bodies to support US logistics and have now elevated supply chain resilience to the top tier of government.
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Steamship lines are currently pushing hard to uplift freight rates, especially on movements from Asia, announcing further GRI’s effective from the new year.
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Global events are having an impact on ocean freight, and it currently looks like this may lead to various surcharges lining themselves up for next year.
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Yes, another year passes us by and it's almost that magical time again ! So, please find below details of Croft Cargo's opening times for sales, customer service and operations enquiries during the upcoming Holiday Season.
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There are more rumblings of GRI's for ocean freight from carriers this month despite low demand and the limited success of previous attempts to raise rates.
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The ports of Cape Town and Durban in South Africa have been witnessing severe congestion, which has led to some carriers omitting them from their schedules.
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We're fast approaching holiday season in the US, with offices and warehouses closed for the Thanksgiving Federal Holiday this Thursday and many remaining closed on Friday too.
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The situation at the Panama Canal has been deteriorating over recent weeks, following a delay to the rainy season, leading to large shipping queues waiting to pass the drought-hit waterway.
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We have mentioned in several previous posts that ocean freight carriers are struggling with low demand, but according to a report in The Loadstar this is now impacting multinational and large independent freight forwarders.
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While the much publicised break up of the 2M Alliance is currently set for 2025, it seems that Maersk and MSC have started to deploy vessels independently on some service loops.
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As part of our new digital experience roll out, we are ready to go live with our new operational system from next week - Wednesday 1st November 2023.
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Recent carrier notices, along with a series of blanked sailing announcements, indicate that a GRI is to be introduced across several ocean freight markets from next month.
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While carriers have been announcing a series of blanked voyages covering the run up towards 2024, the programme has seemingly led to widespread confusion and misinformation about the status of containers.
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As the Israel conflict continues to escalate, logistics have naturally been impacted, although at this stage that largely relates just to air freight.
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The European Commission has just announced that it will NOT be renewing the exemption that allows carriers to operate within alliances when the current legislation expires on 25th April 2024.
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The air freight market, especially from Asia, may be about to witness a rise in demand due to the ecommerce market and electronic product launches.
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Next Sunday is China's National Day, the annual celebration of the forming of the People’s Republic of China in 1949, and most factories are closed during Golden Week.
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While global ocean freight rates have continued to decline, steamship lines are having to cope with a recent huge spike in bunker fuel costs.
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Blanking, or cancelling, sailings has been a frequently used method for ocean freight carriers to control capacity on Asian trade, and this practice has now become evident on North American routes.
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As the global shipping market continues to balance the introduction of newly purchased ULCV ships with low demand, a number of maiden voyages have been delayed this year.
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Forwarders and traders are set for a busy start to next year, following confirmation that new border controls are planned to be phased in from January 2024.
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HM Customs have this week confirmed that the deadline for switching from CHIEF to CDS for Exports has been rolled back until 30th March 2023.
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The story of the Ever Given, the ship that blocked the Suez Canal for a week in 2021, has been superbly captured on A BBC documentary that expires on iplayer on 7th September.
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Dutch customs made the largest-ever drug seizure in Rotterdam port this month, after discovering over eight tonnes of cocaine aboard a Maersk ship in a container.
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The flood of new build Ultra Large Container Vessels (UCLVs) has continued over the past couple of months despite the low level of demand in global container shipping.
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More blanked sailings have been announced on Asia/European trade lanes recently, as carriers continue to manage capacity following a successful General Rate Increase (GRI) this month.
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Delays of up to 15 days are currently being experienced at the Panama Canal, due to the persistently low water levels caused by an ongoing drought in Central America.
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A fire broke out on a cargo ship carrying 3,000 cars in the North Sea this week, resulting in the tragic death of one of its crew.
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Bangladesh exporters and importers are currently facing supply chain delays after train services were suspended on Sunday, following railway staff's refusal to work overtime.
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According to reports in The Loadstar, CMA CGM has a massive order book for vessels and could be set to take over from Maersk Line as the world's second biggest carrier.
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Recent carrier communications, along with blanked sailing announcements, indicate that a planned GRI may be successfully introduced on the Asian market this month.
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A 13 day port strike, which has been stopped operations at the Port of Vancouver, has seemingly come to an end, following mediation by the Canadian government.
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Maersk Line will be introducing a rate increase for container traffic from Asia to Europe, which will be effective for shipments on or after 31st July 2023.
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A bill has just been launched in the United States Senate, which will effectively make port strikes illegal, following the repeated threat of strike action in Los Angeles and US West Coast ports.
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In conjunction with the new Windsor Framework agreement for Northern Ireland, the UK government have introduced a new scheme that replaces the existing UK Trader Scheme (UKTS) from 30th September.
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The world's largest ocean freight carrier - MSC - are continuing to snap up containerships to cement their position at the top.
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While a deal seems to have been reached in the US West Coast labour dispute, the situation North of the border looks headed towards strike action.
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Rates on the Trans Pacific market, between Asia and North America, have spiked this month by up to 16% on some routes.
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A fire onboard the containership ‘MSC Rita’ reportedly resulted in the death of one crew member in the Persian Gulf last week.
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The Panama Canal has recently been reducing the capacity aboard larger ships that pass through the waterway, which connects the Atlantic and Pacific Oceans.
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The team at Croft Cargo have been busy during recent weeks upgrading our systems to ensure the best possible digital experience for our clients.
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Import container trade into US ports is continuing to decline, as a report on its top 10 ports confirmed a 21% drop compared to this time last year.
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HM Customs are currently reviewing UK import procedures, with a new Border Operating Model (BOM) due in October 2023 that will apparently 'set out a new approach to imports'.
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Ocean freight carriers are continuing to add new ships to the Asia/European market, but we may be about to see longer transit times as vessels could be set to slow down.
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There have been several challenges to the coveted title of having the ‘World’s Largest Container Ship’ recently, as carriers have been introducing a host of newly built ULCVs into service.
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France may be about to witness a long weekend of travel and transport disruption as two more pension reform strikes are planned in the next few days.
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Traditionally, May is a busy time for public holidays in the UK, with annual Bank Holiday Mondays at the beginning and end of the month.
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If business has learnt anything from the pandemic, then it is surely that quality service and reliability goes a very long way.
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According to a recent report carriers are 'holding off quoting for May shipments ahead of anticipated general rate increases (GRIs)'.
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The majority of terminals at the ports of both Los Angeles and Long Beach were closed for 24 hours on Friday due to the ongoing labour dispute.
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Ocean freight rates from Asia look to be set for a series of increases in the build up to the traditional peak season period.
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While Turkey is most popular at Christmas, Croft Cargo have become specialists in moving products 'Made In Türkiye', all year round.
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Members of Parliament voted overwhelmingly in favour of the government's proposed trade deal for Northern Ireland yesterday.
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The decision from carriers to continue to blank voyages from Asia has led to another round of capacity issues.
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The 2M Alliance have suspended one of their service loops indefinitely, following the continuation of low demand for ocean freight container movements from Asia.
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Prime Minister Rishi Sunak recently announced the 'Windsor Framework' as a new deal with the EU for moving goods to and from Northern Ireland.
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Choosing your European logistics partner, especially since Brexit, is very important as the quality of your service is a direct reflection on you. At Croft we take that very seriously.
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The intentions of both MSC and Maersk have become clearer and we are unlikely to see the shake up of the industry that was first thought.
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Croft Cargo would like to take the opportunity to raise awareness for Cleakheaton Food Bank and the many others that do such great work around the UK.
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Croft Cargo have recently finished the refurbishment of our Yorkshire based headquarters, dramatically improving the building's carbon footprint and helping us to meet our sustainability goals.
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We have all been witnessing the devastating images from Turkey, which has led to disruption in some movement to and from Turkey.
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Maersk Line and MSC, the world's two biggest steamship lines, have announced they will end their 2M Alliance vessel sharing agreement from 2025.
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Blog: March 2021 - Help in the community, supporting each other through Covid-19 – Croft Cargo
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Ever wondered what we do here at Croft Cargo? This explains it all.
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Here is another instalment of the VLOG, keeping you up to date with what we're doing here at Croft Cargo. Enjoy.
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Hi everyone, thank you for viewing this video. It's the April Vlog but obviously working from home. I had a little helper also.
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Hi everyone, thank you for viewing this video. It's the April Vlog but obviously working from home. I had a little helper also.
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This month's vlog is a quick update regarding our opening times over the festive period, with an extra special Christmas message from my little helper!
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Here's a video update on what to expect in 2020 at Croft Cargo.
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In this video we talk about everything you'll need to know about Brexit.
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It's taken all summer but we are now fully refurbed at our HQ. Come and take a look around... then it's back to business!
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To us, a re-brand is more than just a new logo, which is why we are updating everything - including our HQ! Take a look at what we've done so far.
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Here is another instalment of the VLOG, keeping you up to date with what we're doing here at Croft Cargo. Enjoy.
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