Europe

Europe

01 Sep 2014
Fesco Transportation Group’s revenue and earnings declined in the first half as a weaker rouble and lower ocean freight rates offset higher container volumes.
31 Aug 2014
Iceland’s Bardarbunga volcano has kept the local meteorological office busy, with the red level warning being
Weekly wrap-up for Aug. 30, 2014
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
29 Aug 2014
Rickmers Group said “strained” markets, currency exchange and weak charter rates contributed to revenue and profit declines in the first half of 2014, and that conditions will remain difficult through the rest of the year.
The spot rate to the U.S. East Coast was $4,344 per 40-foot container this week.
29 Aug 2014
While some September 1 general rate increases seem to be successful, others have not taken hold, and spot rates in those lanes may drop to new lows.
Ocean carrier rate revision roundup for Aug. 29
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
CMA CGM Corte Real
29 Aug 2014
CMA CGM, the world’s third-largest carrier in deployed capacity, increased revenue and cut operating expenses in the April through June period according to quarterly figures released today.
Maersk Kampala
29 Aug 2014
Global schedule reliability has declined for the first time in six months, as carriers continue to deal with congestion in North Europe and the U.S. West Coast, according to a new report from SeaIntel Maritime Analysis.
Container stacks say "18000" at the opening of Berth 5/6 at Container Terminal Burchardkai. Photo copyright HHM / Zilski
26 Aug 2014
German terminal operator Hamburger Hafen und Logistik (HHLA) has unveiled a new berth capable of handling the largest container ships at its Container Terminal Burchardkai at the Port of Hamburg.
Asian Gypsy Moth
26 Aug 2014
Tiny, dirt-like egg clusters are waylaying cargo at ports in the United States, delaying thousands of containers for days at a time.
26 Aug 2014
CSAV has announced plans to introduce a new weekly service, the IMEX Sling 1, connecting the Indian subcontinent, the Middle East and North Europe, starting in late October.