News

Qatar crisis: Supply chains evolve

One week ago today the UAE and eight other Arab nations cut diplomatic and trade ties with Qatar, over the latter’s suspected support of terrorist groups, blocking all flight and ship departures from their airports and seaports, bound for the Qatar peninsular.

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Asia shipping monopoly

The new shipping monopoly

With the new shipping alliances controlling 97% of available capacity from Asia to Europe, it is going to be harder than ever for ordinary shippers to get the best rates and service.

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Lines under pressure and lines merge

In just one day the world’s biggest shipping lines are criticised for ongoing port congestion in china and then announce the creation of another alliance.

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Sri Lanka Granted GSP Plus Status by EU

Already a regular inclusion on many apparel buyers order book, the Sri Lankan textile sector has been given a significant boost with the EU granting it GSP Plus (GSP+) status as of Friday.

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Asia contract prices skyrocket!

The largest importers from Asia have had to accept a doubling of their long-term rates, while those who delayed negotiations in the hope of more favourable conditions have instead been hit with an additional 10% increase on top!

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Brexit survey UK EU flags

Brexit survey uncovers shocking results

Firms in the UK and Europe are preparing new supply chains and seeking new suppliers ahead of Brexit, CIPS survey finds

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Myanmar and Bangladesh congestion

More congestion threatens fashion supply chains

Increasingly popular textile sourcing origins in Southeast Asia look likely to face increasing port congestion as Ramadan and public holidays start to impact operations from later this month.

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‘Systemic’ China port congestion to spread

In the same week that Yang Ming gets ready to resume trading in its shares, the Federal Maritime Commission have intervened in the proposed merger of the Japanese shipping lines and now analysts are suggesting that China port congestion may actually be systemic and here to stay.

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THE STATUS OF NAFTA

President Trump has decided not to cancel the NAFTA free trade agreement, in favour of a renegotiation.

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shanghai congestion

Shanghai update: Congestion continues to build

Congestion at the world’s busiest container port is worsening – at least in the short term – as the terminals struggle to deal with dense fog that started earlier this month, increasing volumes and the aftermath of the new shipping alliances launch.

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