Testimonials

RW Freight Services have recently carried our exports to Sweden and we have not had any problems since they have started.

Swedish Export Shipping
74276

Would recommend RW Freight for export shipments to Lithuania.

Lithuania Freight Exporter
89742

RW Freight Services is a very good company, I am happy to use them for carrying my import freight from Sweden.

Imports from Sweden
55682

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Banks role in shipping crisis

As the banks respond to the world economic crisis and their own lack of liquidity, their cautious lending policies mean that they are trying to withdraw from commitments which they had previously made to new ship-building projects.  Some shipping lines will be forced to cancel orders, which will obviously have a long term effect on shipping capacity, and in turn, freight rates in the future.  Capital intensive companies throughout the shipping and forwarding industries are struggling to pay the interest on their bank loans, and banks are looking at ways to reduce their commitment.  One possible solution for them would be to persuade weaker ship-owners to transfer their tonnage to stronger owners; what the banks certainly will not want to do is re-possess ships.