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Brexit

Read all the latest news about Brexit. ShippingWatch gives you independent, credible, critical and fair news.

DFDS and Stena Line bag new Brexit contracts with the UK

The UK government has awarded a series of new Brexit contracts that will ensure freight of medicine to the UK after Brexit. DFDS and Stena Line are among the ferry operators which have secured some of the contracts, which are worth several million pounds.

Johnson's Brexit plan faces doubters in Brussels and Westminster

UK Prime Minister Boris Johnson presents the latest Brexit divorce settlement proposal to both the EU Commission and the House of Commons today, Thursday. The question of an Irish border continues to be a central contentious issue, with new lines being drawn along the Irish Sea. Even so, Downing Street has softened its rhetoric from the recent "final offer" stance to a broader, negotiable platform.

DFDS in talks with UK on new Brexit contracts

Earlier this year, the UK canceled a number of Brexit-related contracts with companies like DFDS. Now the shipping company resumes talks with the UK on new agreements to ensure freight capacity in case the country leaves the EU without a deal.

This week's top stories on ShippingWatch

This week especially held stories involving the Strait of Hormuz, and most recently, the Danish government has declared its readiness to participate in a naval mission. Moreover, an investor has lost patience with a Danish shipbreaking yard, and logistics company Kuehne+Nagel said no to seafreight acquisitions.

CMA CGM will drop the UK flag following Brexit

France's container liner CMA CGM has decided to reflag all its vessels registered in the UK shipping register. The decision is a result of uncertainties related to Brexit, the company tells Reuters.

Logistics companies struggle with Brexit expenses

Sliding profit margins pose difficulties for logistics companies in paying for Brexit preparations, concludes a new report from the UK's Freight Transport Association. 37 percent of companies participating in the survey have not yet taken steps to prepare.

UK cancels Brexit contracts with DFDS and Brittany Ferries

The UK's Department for Transport has decided to cancel the Brexit contracts signed with ferry operators DFDS and Brittany Ferries, which were meant to ensure extra capacity in case of a no-deal Brexit, DFDS confirms to ShippingWatch.

DFDS executing on Brexit contract despite postponement

Although Brexit is postponed, DFDS is currently operating the extra departures that the company has contracted with the UK, as the contract does not include an option for postponement. Some departures have been canceled, DFDS tells ShippingWatch.

May asks EU for Brexit extension until June 30

After a series of defeats and rebukes in the House of Commons, thus far preventing any deal with the continent, UK Prime Minister Theresa May has asked the EU to extend article 50's due date until late June. This could improve the chances of striking a digestible Brexit deal.

Brits stuck with DFDS contract despite Brexit postponement

The Brexit contracts between DFDS and the UK Department of Transport do not take into account the postponement of the UK's exit from the EU, which was adopted Thursday. DFDS could thus still profit from the contracts, reports Børsen.

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