October 2018

Turkish freighters are Bangalore-bound

Turkish Cargo has started freighter flights to Bangalore, the Silicon Valley of India from its Istanbul hub. The route is operated by Airbus 330-200Fs. The region also exports pharmaceuticals, perishable fruits and vegetables, electronic, engineering and textiles. [+]

E-AWB to become the norm from January

The electronic Air Waybill (e-AWB) will become the default contract of carriage for all air cargo shipments on enabled trade lanes from 1 January 20189, says IATA. It is encouraging all air cargo industry stakeholders to switch to e-AWB at the earliest opportunity unless a paper air waybill is required ... [+]

CMA gets green light for Containerships takeover

CMA CGM said on 23 October that its agreement to take over Containerships owner Container Finance, signed in June, has been accepted unconditionally by all relevant competition authorities. The deal is expected to be completed on 31 October. [+]

Bristol gets AEO

Bristol Port has gained full Authorised Economic Operator (AEO) status from HM Revenue & Customs. It will allow it to waive duty guarantees for goods held at its facilities and could also speed up the process of applying for other types of customs accreditations in future, it said. [+]

Rhenus moves to larger Hull site

Rhenus Logistics UK has moved its Hull facility to a larger site. The new premises at Saxon Business provides closer links to the local infrastructure. An official opening will take place on 5 December. Country Manager Rhenus UK, Gary Dodsworth, said: “The decision to move the Hull facility to the Saxon ... [+]

First landing for Durban service

British Airways operated its inaugural flight between London and Durban King Shaka International Airport on 30 October. The route will be maintained by a Boeing 787-8 Dreamliner. [+]

Oman to join TIR

Oman is to join the TIR, becoming the latest Gulf country to join the customs transit scheme. The International Road Transport Union (IRU) said it would work closely with government agencies to develop a digital using the latest technologies. Bilateral trade between Arab countries is currently as low as 10% ... [+]

Budget short on Brexit detail, says BIFA

BIFA said that whilst it welcomes some of the announcements in the Budget on 29 October, it was all overshadowed by the ongoing uncertainty over the UK’s exit from the EU. Director general Robert Keen commented: “Whilst the investment in road infrastructure might make a difference to our members, we should ... [+]

Government invests to get trade Brexit-ready

HM Treasury and HMRC have designed a package of measures, to help  companies prepare for Brexit in March 2019. It will include a one-off investment of £8 million to support broker training and increased automation. Financial Secretary to the Treasury, Mel Stride, said: “HM Treasury and HMRC have been engaging extensively with ... [+]

Shipping and the Bribery Act

The Parliamentary Select Committee on the Bribery Act 2010 is to hold a hearing on how the Bribery Act 2010 has affected the shipping industry on 30 October. It will hear evidence from professionals in the shipping industry, business integrity, exporters and smaller firms about bribery cases, the challenges facing ... [+]