News

At the start of this week, the local Shanghai government imposed a new lock-down and subsequently restrictions around the city of Shanghai. Inasmuch as restrictions are limited to specific areas and weekdays, we foresee a significant level of short-term disruption stemming from this situation.

Observing the special nature of this situation and after careful consideration, we have effective 4th March, decided to suspend bookings to/from Russia and Belarus temporarily.

The ripple effects on Transportation & Logistics stemming from the ongoing conflict between Russia and Ukraine continue to evolve. Observing the special nature of this situation and after careful consideration, we have effective 4th March, decided to suspend bookings

Following our advisory issued yesterday, the situation continues to develop by the hour. As speculated, as a counter measure towards the western world sanctions, Russia has now closed Russian airspace for 36 specific countries, including all 27 EU countries, Canada and UK.

Following our advisory shared end last week, the conflict between Russia and Ukraine continues to develop and unfortunately escalate. The situation remains fluid and is changing by the hour. We wish to provide you with a fresh update on the situation with this advisory.

In light of recent events concerning the conflict between Ukraine and Russia, we wish to confirm that we are closely monitoring the situation. We remain in close contact with both official authorities and our supplier partners.

The EU Mobility Package is a collection of initiatives putting forward major changes to EU road transport rules and regulations. The rules already implemented and those to come, will affect the everyday lives of everyone in the overland transportation sector.

Various sources have confirmed that an agreement to release Ever Given could be possible soon. The latest update from the Shipowners published 25th June 2021 by the average adjuster states:

On Tuesday, the Egyptian court ruled that the container ship which blocked the Suez Canal in March could continue to be held in the waterway, rejecting an appeal by its Japanese owner against its detention.