The Port of Felixstowe said 2,000 containers were being unloaded by crane and the process would take about 24 hours. Many keen shipping enthusiasts and ship-spotters flocked to the waterfront to watch the highly anticipated moment that the Ever Given arrived.
Issues in the maritime sector in particular are significant, as any impact can cause drastic knock on effects throughout the route. Current market conditions are brutal, and perhaps the most challenging times that this sector has ever faced.
We are more than half a year into the new customs clearance regulations that Brexit has imposed on imports and exports and traders are desperate to know when, if at all, will UK and EU trade return to a sense of normality?
The current market environment continues to remain incredibly volatile, with freight rates at all-time highs, pandemic-induced staff shortages and extreme congestion at major ports, all contributing to what has been a fragile situation for over a year. We take a look at what July holds.