The Shanghai Containerized Freight Index extended its decline in European lanes, despite recent general rate increases set for May 15 and future increases scheduled for early June and July.
Europe
Press Releases
24 May 2013
Turkish Cargo will launch freighter services to Entebbe, Uganda, and Kigali, Rwanda, effective June 3, and one weekly flight to Karachi, Pakistan, and Singapore, starting June 5.
24 May 2013
European dock and transport union leaders voiced concerns that a plan to reform European ports will threaten jobs and working conditions in pilotage, towage and mooring.
24 May 2013
Hapag-Lloyd will raise rates for all dry, refrigerated, flat rack and open top containers on its trade from East Asia to the U.S. and Canada, effective July 1...
24 May 2013
The European Commission’s director-general for mobility and transport and the Central Commission for the Navigation of the Rhine’s secretary general sign agreement to improve inland navigation operations.
24 May 2013
CEVA Logistics has signed a new contract with BIC, a manufacturer of stationary products, lighters and shavers.
23 May 2013
The Port of Rotterdam said the European Union’s proposal to appoint a supervisor for ports in every member state will increase bureaucracy on the waterfront.
23 May 2013
Trans-Atlantic eastbound and westbound rates inched up in the week of May 23, according to the latest release of the World Container Index.
23 May 2013
Backhaul rates from northern Europe and the U.S. West Coast continued to dip this week, according to the latest release of the World Container Index.
23 May 2013
Germany’s HSH Nordbank, the world’s biggest ship financier, warned the crisis in the shipping market could deepen through 2014, as it announced sharply lower net income and more than tripled loan loss provisions.
23 May 2013
Maersk Line has announced three rates increases for dry shipments...
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