The European Union has allocated €37 million (about US$47.7 million) for its Regional Maritime Security program to strengthen the fight against piracy in several Eastern and Southern African countries.
Navios Maritime Holdings today reported a net loss of $10.2 million in the first quarter of 2013, plummeting from a net profit of $9.5 million in the first quarter of 2012.
CEVA Group reported its adjusted earnings before interest, taxes, depreciation and amortization in the first quarter of 2013 were €31 million (about US$39.8 million), plummeting 53 percent from $84.8 million in the first quarter of 2012.
Royal Mail’s profit more than doubled, driven by surging parcel deliveries, in a major boost to the forthcoming privatization of the UK’s 363-year-old state-owned postal company.
Ocean carriers are paying a heavy price for failing to rein in capacity on the Asia-Mediterranean route despite the deepening economic crisis across southern Europe, according to shipping consultant Drewry.
Containerized export volume from Australasia/Oceania to South and Central America steeply declined in March 2013, according to data from Container Trades Statistics Ltd.
Brazil has amended its import regulations regarding bovine spongiform encephalopathy, paving the way for the ban on imports of breeding cattle and beef from the European Union to be lifted.
Katoen Natie has opened a 25,000 square meter (about 269,098 square foot) warehouse complex for the management of goods to be directed to Russia and the Commonwealth of Independent States in Muuga Harbour in Estonia...
BG Freight Line, the short sea specialist based in Rotterdam, the Netherlands, will increase the frequency of its services to Liverpool, England, in June.
Argentina has requested World Trade Organization consultations with the European Union regarding measures imposed by the EU and its member states that affect the importation and marketing of biodiesel.