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News Desk


www.bifa.org Savannah Matheson, from Impress Communications, reviews some recent news that might impact on Members’ business Global carrier reliability improves


ON THE OCEAN Global carrier reliability has improved but is still down from 2016, according to a recent report by SeaIntel. The on-time figure of 74.7% remained 10% worse in the third quarter of this year when compared with the same period of last year.


The second inter-sessional climate talks held recently by the International Maritime Organisation (IMO) concluded with the publishing of a draft strategy, but no concrete CO2


is to be completed and adopted by the marine environment protection committee by next April’s meeting.


The International Chamber of Shipping represented the world’s


national shipowners’ associations and over 80% of the world merchant fleet at the UN Climate


Change Conference, emphasising how the shipping industry supports the UN International Maritime Organisation to develop a CO2 reduction strategy.


Carriers risk securing weaker rates during upcoming negotiations for 2018 contract rates, due to a failure to maintain capacity discipline following the peak season, according to Drewry analysts.


As reported by Drewry’s World Container Index, headhaul rates on the Asia-Europe and Transpacific trades surged on the back of general rate increases implemented by box lines looking to capitalise on anticipated strong peak season demand.


The recently released UNCTAD Review of Maritime Transport 2017 shows that, for the fifth year, world fleet growth has been decelerating, with the commercial shipping fleet growing by 3.15% in 2016, compared with 3.5% in 2015.


According to SeaIntel, almost 74% of the world’s aggregate container tonnage has been flagged in tax haven countries, marking a huge surge compared with 1980, when the figure was at 12%.


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OVERLAND Trucking companies have renewed their campaign to harmonise the plethora of regulations for highway transport of oversize projects that raise costs for project shipments across the European Union.


Highways England and the Department for Transport (DfT) are dragging their feet over a final decision on the planned M20 lorry ‘stacking’ area, according to Knights Solicitors. A total of £250 million was allocated for the scheme, which has divided opinion.


Highways England has updated its £15 billion road improvement programme to reduce the impact of roadworks on motorists and minimise congestion while improvements take place.


IN THE AIR Global airfreight markets rose by 9.2% in September 2017 compared with the same period of 2016, despite demand slowing as the cyclical growth peak ends, according to recent data released by IATA.


ON THE QUAYSIDE ABP Southampton has opened its new vehicle export terminal, which will add 3,400 spaces.


December 2017


reduction goals. A finalised draft


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