Your monthly digest Issue 2, March ’17
NEWSLINES is not a lengthy and detailed look at what’s happening in the maritime world. It is a short, sharp and informative look at ports, shipping, logistics and the people working in these sectors. These are the worlds your business operates in.
We are Image Line – a PR and marketing, events and design company in the Canary Wharf area with experience and knowledge of working in the shipping, maritime and logistics sectors. This is not a hard sell, just a way of keeping in touch with our clients, potential clients and anyone who an interest in these industries.
We hope you will find NEWSLINES interesting, quick to read and by the way, if you have any comments or questions then please contact us at any time.
UK’s Maritime Industry Defended Against Foreign Cheap Seafarers
The declining maritime industry in the UK has been fighting the battle against cheaper foreign shippers who continue to push them out of the North Sea. The government defends the industry in determining to see more employment for seafarers as well as reviewing the minimum wages paid to workers.
Free Ports could be a Possibility in the North East with Approaching Brexit
The UK currently being part of the EU means that all ports have tariffs. Newcastle technology entrepreneur David Harrison, who sits on the board of think-tank Policy North, hopes to see the government remove these tariffs and open free trading zones in the North East after Brexit. This could help to create a lot of jobs in the region. Harrison also points out the potential benefits of such changes in saying, “The US has more than 250 free trade zones, employing 420,000 people and handling $750bn of merchandise.”
These ports in the North could be key players in the economy if investments were made in the rail and road industries. These free ports could help to cut excess costs that may come from Brexit, so it could be a huge help.
Hanjin Shipping Declared Bankrupt
The Seoul Central District Court decided on a bankruptcy administrator and the creditors’ claims are due by 1 May this year. The court noted that they want to ensure a maximum of debt repayment during the bankruptcy process that is fair and balanced to the creditors. The creditors’ first meeting will be held on 1 June, 2017.
Any Port in a Digital World
Image Line’s MD Sue Terpilowski is speaking at Shipping2030, tackling issues surrounding the digitalisation of port operations. She will be part of a panel alongside Bogdan Oldakowski, Secretary General at Baltic Ports Organization and Panayiotis Mitrou, Technology and Innovation, Manager, Marine & Offshore and Business Development at Hellenic Lloyd’s.
Tilbury’s £1bn drive to build a global trading port on the Thames
Tilbury is the UK’s third-largest container terminal, sitting close to the mouth of the Thames, but it now wants to expand even greater from its already 850 acres to 1,100 acres. The goal is to build a deep-sea jetty, allowing for more ships from Europe and creating space for larger ships from Africa, India, and the Far East. With Brexit becoming more and more of a reality Tilbury feels prepared, and that is why they want to expand even further. consequat.
Brands that Build Business
There are different types of brand your business needs; the product – the brands we associate to a product or service we can buy e.g. Coco Pops, the company – the brands we associate to a company we can buy from e.g. Kellogg’s. More recently we have seen the emergence of a third type of brand; personality – the brands we associate to people who represent companies and products.
Peel Urges for More Local Firms to Support Port of Liverpool
The owner of the Port of Liverpool wants to see more of its local goods shipped to Mersey instead of southern ports. Although only 10% of containers shipped to the UK arrive through Liverpool, there are clear benefits for doing so.
WTO World Facilitation Agreement in Full Swing
Roberto Azevedo, director-general of the World Trade Organization, announces the news of the World Facilitation Agreement finally in full force with the ratification of Rwanda, Oman, Chad, and Jordan. This makes more than two thirds of the WTO membership, which means the organization can now commit to a multilateral trading system. The purpose of the agreement is to streamline, simplify, and standardise customs procedures in an attempt to cut trading costs around the world. Full implementation of the Agreement could help cut costs globally at an average of 14.3 percent.
3 Impressive Instagram Account to Follow
- Against the Tide – sharing stories of female seafarers across the world
- James Carroll – aviation fine art photography
- General Electric – interesting content that ranges from inspirational messages to geometric patterns in equipment to human-interest stories
Click to view full accounts