Lift of Iran nuclear sanctions shifts regional shipping routes Container shipping lines are developing new routes and securing deals with the regional ports and railways following the agreement to remove some of the nuclear sanctions against Iran.According to The Deputy Managing Director of the Ports and Maritime Organization (PMO) for Port Affairs and [...]
Panama canal expansion: Managing profits and supply chain The decision on widening of Panama Canal was preceded by several years of research on economic feasibility, environmental and technical aspects. Now the project is approaching its completion and progress to date is estimated at 89.9%. It is estimated that the expansion of the Canal [...]
Effects of Greek crisis on regional supply chain While Europe and the rest of the world contemplates what the next steps are for Greece following the NO vote, companies in the logistics industry are considering the impact to the overall supply chain. “Business as usual” is no longer valid, banks are temporarily shutting [...]
Delays in Eurotunnel freight services Eurotunnel has suspended its truck shuttle services because of the protest of Maritime Nord Union against the transfer of Eurotunnel’s MyFerryLink vessels to DFDS. MyFerryLink advises to make alternative arrangements and as there are no indications when the services will be resumed and backlog cleared. Port of Calais [...]
Effects of low oil prices on airfreight industry Changes in crude oil prices tend to affect energy intensive industries first. Years 2011 and 2012 were particularly difficult for airfreight industry with several airlines filing for bankruptcy unable to cope with sharp and unpredicted rise in oil prices. Projected by IATA $ 99 per [...]
Logistics connectivity and economic growth While the rates of economic growth are slowly recovering the initial optimism gives way to rather cautious predictions about future growth rates. Some of the factors impeding it are fairly well known and understood, while others such as adequate logistics connectivity, while appreciated by businesses, can sometimes be [...]
Lithium Batteries Lithium batteries have become the preferred energy source to power a wide variety of consumer goods ranging from mobile phones to children’s toys to e-bikes. Though widely used, most people are not aware that lithium batteries are dangerous goods and can pose a safety risk if not prepared in compliance with the transport [...]