Navigating DP World’s Industrial Challenges and the Impact on Supply Chains
Stockwell International Blog
by lemontree
2M ago
As DP World grapples with an ongoing industrial dispute and the aftermath of a cyber-attack, the complexities for supply chains continue to escalate. Beyond the ports, clients and businesses navigating freight through DP World’s terminals are facing unprecedented challenges, especially given the peak Christmas season that’s just passed and ongoing issues at DP World’s Brisbane Port. Delays and Disruptions Delays and disruptions continue into 2024 with further Protection Industrial Action planned for the first half of January.  The industrial action at DP World has transcended the company ..read more
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An Industry Overview From Stockwell International Director
Stockwell International Blog
by lemontree
2M ago
Well, what didn’t happen in the last quarter!!  Pirate attacks, wars, increases everywhere, strikes, so many weather events including more issues in the Panama Canal with water restrictions, congestion in the USA and AU, USA trucking still struggling after the collapse of Yellow Freight and more cyber-attacks. All of this happening at a time when the global economy is meant to be quite flat, the WTO announced in late October that it had halved its forecast for growth in global trade due to factors including high-interest rates, persistent inflation, a slowing CN economy and the continued ..read more
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Logistics Lingo: The freight terms you need to know
Stockwell International Blog
by lemontree
2M ago
Embark on a journey through the dynamic dialogue of freight forwarding. Whether you’re new to freight forwarding or have been in the industry for a while and perhaps have never known what some terms actually mean, let’s decode the logistics lingo. Your must know freight terms and phrases Consignor and Consignee The Consignor, also known commonly as the shipper, is the original owner or the sender of the goods and prepares the goods for shipment. The Consignee is the individual that receives them once the shipment arrives. They’re responsible for the receipt of the goods. The point of transfer ..read more
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Stockwell International Urgent News Alert 20 December 2023
Stockwell International Blog
by lemontree
3M ago
Impact of Red Sea Drone Attacks In recent weeks, the global shipping industry has faced significant disruptions due to escalating drone attacks on vessels navigating the Red Sea. These attacks have prompted major shipping companies like Maersk, Hapag-Lloyd, CMA CGM, and MSC to suspend passage through this maritime route until further notice.   Several major shipping companies, responsible for transporting a diverse range of goods including food, clothing, pharmaceuticals, industrial machinery, and energy supplies, have made the cautious yet imperative decision to halt passage through the ..read more
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Stockwell International Urgent News Alert 12 December 2023
Stockwell International Blog
by lemontree
3M ago
EU Emissions Trading System (ETS) Introduced from January 1st, 2024 Stockwell International would like clients to be aware of the introduction of a new surcharge coming in from Europe in the new year – Emissions Trading System surcharge.  What is the EU ETS? The EU ETS, or Emissions Trading System, sets a “cap” on the emissions that companies in certain industries produce and requires them to obtain allowances that equal their emissions above the cap at the end of each year. As other industries under the EU ETS do today, Shipping lines will now need to purchase and surrender ETS emission ..read more
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Stockwell International Urgent News Alert 1 December 2023
Stockwell International Blog
by lemontree
4M ago
DP World Industrial Action Update Stockwell International would like to provide further updates on the impending Industrial Action across the DP World Terminals. The CFMMEU has given notice to DP World of further Protected Industrial Action through to the 11th December 2023. The Protected Industrial Action will continue with work related stoppages and bans across the four DP World Terminals.  Stoppage include 1hour, 2hour stoppages per day and 24hour stoppage on receival and delivery plus bans on the performance of overtime, extensions, upgrades etc. 24hour stoppage will take effe ..read more
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Stockwell International Urgent News Alert 24 November 2023
Stockwell International Blog
by lemontree
4M ago
Terminal Union Stop Work Notices Freight & Trade Alliance (FTA) and the Australian Peak Shippers Association (APSA) have received a number of member enquiries expressing concern at Maritime Union of Australia (MUA) stop-work notices announced at terminals other than DP World.  The announcements have no direct link to the protected industrial action between the MUA and DP World, but instead members of the MUA have authorised stop-work to allow attendance of its members to their Annual General Meeting (AGM) being held on Tuesday 28 November. Most major terminals around the country ..read more
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Update to the Australia-Europe Free Trade Agreement: What it Means for Importers
Stockwell International Blog
by lemontree
4M ago
In recent developments, negotiations for a Free Trade Agreement (FTA) between Australia and the European Union (EU) have hit a roadblock, leaving both parties without a mutually agreed deal.  Australia’s aim to secure better terms for its farm exports clashed with the EU’s interests in accessing Australia’s valuable mineral resources for clean energy technologies. The crux of the issue lies in finding a balance regarding agricultural exports, particularly sheep and beef meat, as well as sugar. While Australia seeks to expand its agricultural exports, European farmers are cautious about po ..read more
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Stockwell International Urgent News Alert 16 November 2023
Stockwell International Blog
by lemontree
4M ago
DP World Industrial Action Update Stockwell International have received an update on the DP World Industrial Action.  Further to our previous notice regarding Cybersecurity at DP World Terminals in Australia, we have today received notice that DP World has received a further industrial action notice from CFMMEU extending through until November 27th. The Protected Industrial Action will continue with work related stoppages and bans across the four DP World Terminals on port.  Stoppage include 1hour, 2hour stoppages per day and 24hour stoppage on receival and delivery plus bans on the ..read more
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Stockwell International Urgent News Alert 30 October 2023
Stockwell International Blog
by lemontree
5M ago
DP World Industrial Action Update Stockwell International have received an update regarding the DP World Industrial Action:  ACFS Port Logistics (ACFS) would like to provide further updates on the impending Industrial Action across the DP World Terminals. The CFMMEU has given notice to DP World of further Protected Industrial Action through to the 6th November 2023 which includes the following: Summary of the Port Stoppages DP World Sydney: A stoppage of work of 24 hours duration commencing 0600AM Monday 30th October and finishing 0600AM Tuesday 31st October Stoppages of work of ..read more
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