Morocco and the UK will soon be linked by a direct maritime route between Tangier and Poole, part of improving international trade, according to fresh produce portal, Freshplaza’s website.
This maritime link aims to promote international trade between the two countries, especially for the UK’s import of agricultural products.
According to FreshPlaza’s website, a shipment of 100 freight of seasonal organic fruits and vegetables is planned soon.
The maritime route will run once a week and will comprise the transportation of dry and refrigerated freight, encouraging British importers to source fresh and other products directly from Africa, and for export companies looking to enhance their southbound trade to Morocco, according to the same source.
HCP announced on its recent note that the international trade index (ICE) increased by 9.7% in the second quarter of 2021 compared to the same quarter of last year, and this maritime link’s inauguration would improve more the ICE in the middle term.
However, the fallout of the global economy impacted by the COVID-19 pandemic has caused global supply chain bottlenecks, shortages, and disruption to the global shipping industry, with sharp increases in sea freight rates.
Recently, Chinese sea freight rates have increased by more than 500% towards Europe, the United States, and Africa, including Morocco.
The China-Morocco maritime freight rate for a container (40 feet) was generally set around MAD50,000, with the steep rise in prices, operators found themselves paying at least MAD200,000 per container.
Morocco and the UK have a long-standing history of over 800 years and are inaugurating this maritime link to further trade relations between the two countries.
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