News

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.

Many countries are still struggling with the pandemic one way or the other, which reflects in different ways in our industry. The ocean market is as volatile as ever and continues to hit us with other challenges besides the pandemic such as port congestions, strikes, shortage of containers, shortage of rail wagons, full vessels.

As every media is focusing on the situation regarding the COVID-19 pandemic, we want to offer you the latest logistics update on how it might influence on your business.