Category: International Trade

The US and UK carried out eight strikes on Houthi targets in Yemen on Monday, as the Iran-aligned armed group continues to target commercial shipping in the Red Sea, with no sign that the conflict will de-escalate anytime soon. While many hoped that the situation in the Red Sea might be a shor... Read more

Despite coalition military action, Houthi rebels continue to attack commercial shipping and with container shipping line’ schedules showing Cape of Good Hope routing for vessels into early February and beyond, it is clear that they do not expect short-term access through the Suez Canal and Red ... Read more

Following the sharp escalation of attacks on container ships in the Bab-al-Mandeb strait off the coast of Yemen last week, major container shipping lines are diverting vessels around the southern tip of Africa, rendering the Suez routing unavailable for an unknown period. With the Suez route c... Read more

With over 20 years' experience in freight and logistics, the majority of which has been in the ocean freight environment and specifically the LCL product, in the UK and overseas, we are pleased to introduce our new Senior LCL Commercial Manager, Jane Kenny, who is leading this critical service ar... Read more

Leading retailers including IKEA and NEXT have warned that the diverting of vessels aways from the Suez canal and around southern Africa will result in delays and may restrict the availability of certain products. Re-routing container ships around Africa adds 3,500 nautical miles to a typical ... Read more

The UK government launched a new preferential trading scheme, The Developing Countries Trading Scheme (DCTS) last year, to provide tariff concessions for developing countries exporting to the UK market. The DCTS replaces the Generalised Scheme of Preferences (GSP) and extends tariff cuts to hu... Read more

In our 2023 supply chain review we said that we were hopeful that the formation of a coalition naval task force to patrol the southern Red Sea and Gulf of Aden would restore maritime security quickly, but Sunday’s two attacks on the Maersk Hangzhou suggest it could be some time before the route... Read more

2023 was supposed to be the year that global supply chains bounced back from pandemic lockdowns and factory shutdowns, trade wars, tariffs and war in Europe, but now container shipping is disrupted by attacks in the Red Sea and restrictions on the Panama Canal. The COVID pandemic and its after... Read more

The danger to container shipping approaching the Suez Canal comes at a time when the other key maritime gateway, the Panama Canal has been restricting transit numbers and draught limits due to drought driven low water levels. Due to the impact of the prolonged Panama Canal drought carriers hav... Read more

The United States of America is the UK's largest single trading partner, with the value of goods and services nearly five times the value of trade with Germany, the UK's second largest export market and hopes are growing of a breakthrough in US/UK trade negotiations. Total US goods imported to... Read more

With sea freight rates so low, below cost on many important trade lanes the container shipping lines are looking to surcharges and all manner of ancillary charges to boost their cash flows. Macro-economics continue to work against the shipping lines, with global demand suppressed and costs ris... Read more

As a UK-India Free Trade Agreement draws closer new research confirms India’s strategic importance, with 73% of UK business leaders identifying the country as a target growth market and Metro’s senior executives are preparing local infrastructure to support any acceleration in bilateral trade... Read more