Category Archive: Uncategorised

International Freight Costs Rise in 2024

Shipping things around the globe has become increasingly challenging due to global supply chain issues, staff shortages and the impact of COVID-19 lockdowns. And even now, new obstacles seem to pop up constantly. Andrew Schwartz, who runs the pop culture shop, Area 52, in Hobart, is struggling to keep pace with these challenges. Costs have […]

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FIATA ISSUES RED SEA STATEMENT

Amid escalating Red Sea tensions, FIATA has made a global plea for heightened international dialogue and observation to facilitate maritime transport. The Red Sea, a critical conduit between Europe and Asia and one of the world’s busiest waterways, has been experiencing repeated attacks on commercial shipping. This has resulted in about 18 shipping lines either […]

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RED SEA SHIPPING CONTAINERS

The current hostile situation in the Red Sea has inadvertently created a financial windfall for many shipping companies. The requirement to reroute around the Cape of Good Hope, though operationally challenging, has led to a surge in ocean freight rates, revitalising an industry that had been in recession. This sudden increase in demand has alleviated […]

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INTERNATIONAL FREIGHT AND SHIPPING ASSISTANCE

04 Jan, 2021 What is the International Freight Assistance Mechanism? The IFAM (INTERNATIONAL FREIGHT ASSISTANCE MECHANISM) is a specific urgent measure introduced by the Australian Government in response to COVID-19. The IFAM assists with finance to help international Freight The mechanism provides funding to help keep International freight and Flights moving to and from Australia. […]

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SHIPPING CONTAINERS OVERBOARD