Brexit & Freight, an update
There has been much talk of a freight meltdown following the recent Brexit delay decision but things are still running relatively smoothly and now that the final leaving date has been extended for a few more months all should be calm for the time being. We hope so!
IMI have put together contingency plans in order that there will be no disruption to all our client’s supply (in particular our overseas clients who fear there might be delays) and in the event of there being trade issues we intend to invoke these contingency plans. These plans, we are assured, will be robust enough to withstand a No- Deal Brexit if that is the outcome.
One other important shipping aspect to be aware of for the future is IMO2020 where shipping lines must reduce the sulphur in their emissions. The International Maritime Organization (IMO) will enforce a new 0.5% global sulphur cap on fuel content from 1st January 2020, lowering it from the present 3.5% limit.
The global fuel sulphur cap is part of the IMO’s response to heightening environmental concerns, contributed in part by harmful emissions from ships. But the downside to this will be added extra cost to shipping costs and we expect there to be some rate increases in the last quarter of 2019 to early 2020.
New staff: Meet Aleksandra
Aleksandra Wlodarczyk has recently joined our IMI team here in London. She completed her BA in Graphic and Media Design and got her Masters in Design Management and Cultures from University of the Arts, London. As our Junior Graphic Designer, Aleksandra will be responsible for delivering solutions to our design projects across a wide range of subjects. Aleks will also be responsible for our Social Media and assisting with all artwork aspects.