Europe

Europe

23 Oct 2014
The world’s largest ship financiers, mostly German, could see their vessel assets, dominated by container ships, written down by up to 20 percent in the European Central Bank’s impending review of Eurozone banks’ resiliency.
15 Oct 2014
SHENZHEN, China — Manufacturing isn’t migrating from China as rapidly as most experts expected, despite wages that are rising at nearly 20 percent a year, researchers focusing on sourcing trends told the TPM Asia Conference in Shenzhen on Wednesday.
15 Oct 2014
A record number of ship deliveries will combine with declining scrapping rates and mid-single-digit growth in volume to extend the gap between container ship supply and demand through 2015, according to a leading maritime research consultant.
14 Oct 2014
The use of fleet management systems or telematics to track commercial vehicles is expected to nearly double in Europe by 2018, research firm Berg Insight says.
13 Oct 2014
Turkey plans to standardize procedures at customs gates to speed up border transactions and unclog long truck l
13 Oct 2014
Ocean carriers face an uphill struggle to achieve planned general rate increases in the Asia-North Europe trade in the coming weeks against a backdrop of plummeting spot rates, according to industry analysts.
13 Oct 2014
To understand how deeply the Asia-Europe trade is holding carriers’ bottom lines hostage, one just needs to look at the numbers. Spot freight rates on the head-haul westbound trade out of Asia slumped to just $822 per 20-foot-equivalent container unit in late September, according to the Shanghai Containerized Freight Index, less than half the $1,765 rate at the beginning of the year.
Ocean carrier rate revision roundup for Oct. 10
10 Oct 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Top 50 container ports interactive
09 Oct 2014
According to JOC’s 2013 edition of the Top 50 World Container Ports, the Chinese port of Dalian saw more container cargo growth than any other port in the world from 2012 to 2013, with volume up nearly 30 percent, while the Omani port of Salalah saw the biggest drop in growth worldwide with a decline of 8.1 percent.
09 Oct 2014
Royal Mail said it has set aside $29 million as part of a settlement with French competition authorities over a possible violation by one of its subsidiaries of antitrust laws.
Hong Kong
08 Oct 2014
Berth productivity on ships of 10,000 TEUs and higher edged upward globally in the first half of 2014 versus the same period last year, but saw wide variation depending on the region, according to JOC Port Productivity data.