Europe

Europe

02 Jun 2015
In the latest sign of the challenge facing Asia-Europe carriers to make money in the busiest global shipping lane, the G6 Alliance said it would cancel two sailings, citing low demand. Yet canceling individual sailings will likely do little to quell analysts’ view that significantly more capacity, such as entire services, would need to be suspended in order to meaningfully impact supply and demand in the Asia-Europe market.
02 Jun 2015
Taiwanese carrier Evergreen Line and Turkey's Arkas Line are launching a new collaborative West-East Mediterranean Service.
02 Jun 2015
The U.K.’s largest port, which has just announced plans to double its capacity, had to close Tuesday morning due to strong winds affecting operations.
02 Jun 2015
China's Shanghai International Port Group late last week inked a deal with Israeli port authorities, obtaining the right to run the new Haifa port in northern Israel for 25 years.
Fesco Container Terminal
02 Jun 2015
Fesco’s first-quarter earnings rose 5.4 percent as cost savings offset a slump in container volumes resulting from a fragile Russian economy and a depreciating rouble.
01 Jun 2015
XPO Logistics raised $1.26 billion from institutional investors and plans a $2 billion stock sale to help finance its latest acquisitions and prepare for more.
01 Jun 2015
It’s been a little more than three months since the inaugural statements of the new Greek government, dominated by its radical-left Syriza component, said it would block sales of national strategic assets.
30 May 2015
The U.K.’s largest container port has a masterplan that includes doubling its capacity by 2030.
28 May 2015
Electronically tethered convoys may be on the horizon. A U.S. study looks at linking trucks via vehicle-to-vehicle technologies that control speed and braking for safer, more efficient transportation.
28 May 2015
Salvage and firefighting personnel have made progress in containing the fire on board the 33,772 dwt multipurpose ship Purple Beach in the German Bay near Wilhelmshaven.
27 May 2015
China is looking at investing in the outer reaches of the One Belt One Road trade footprint as state-owned China Merchants Group considers a deal with Lithuania’s port of Klaipeda on the Baltic Sea.