Europe

Cargolux freighter
25 Apr 2014
Cargolux said its shareholders approved a $175 million increase in its share capital to strengthen the Luxembourg-based all-cargo carrier’s finances and help fund the expansion of its freighter fleet and route network.
Ballinn House, Hapag-Lloyd's headquarters.
24 Apr 2014
Hapag-Lloyd’s largest individual shareholder, Klaus-Michael Kuehne, said the carrier should team up with another line after its forthcoming merger with Chile’s CSAV so it can compete more effectively with the world’s top three carriers.
Car parts: gears
23 Apr 2014
In the mature and stable, some would say boring, trans-Atlantic trade, one category of containerized shipments is booming. The volume growth of U.S. auto exports and auto parts imports ranks first among the top five commodities shipped.
22 Apr 2014
Air cargo’s positive start to the year has buoyed spirits in an industry anxious to find profitability amid weak yields and an excess of capacity.
22 Apr 2014
The planned merger of Germany’s Hapag-Lloyd and Compañia Sud Americana de Vapores (CSAV) moved closer after shareholders controlling just 2.7 percent of the Chilean company’s stock voted against the deal that will create the world’s fourth-largest ocean container carrier.
Wine imports constitute the largest U.S. import commodity by volume from the Mediterranean and southern Europe.
21 Apr 2014
Container ships are running full on the westbound trans-Atlantic as shippers scramble to complete their annual contract negotiations with carriers at a time when the new P3 Network and other expanding alliances have not yet finalized their new service schedules.
Flag of Ukraine
21 Apr 2014
While agribusiness investments are a thriving sector for multinational expansion, Ukraine’s more mature sectors — energy, mining and metallurgy — remain highly inefficient and subject to corrupt practices, according to Anders Aslund, senior fellow at the Peterson Institute for International Economics.
A field of sunflowers in Ukraine.
21 Apr 2014
The Russian invasion of the Ukrainian province of Crimea is shining a spotlight on the economic vulnerability of its smaller neighbor.
The SCFI for the Mediterranean fell 6.4 percent in the week ending April 18.
18 Apr 2014
Spot container freight rates measured by the Shanghai Containerized Freight Index were mixed again this week...
Ocean Carrier Rate Revision Roundup for April 18
18 Apr 2014
Several carriers have planned general rate increases in multiple trade lanes in April and May, although any gains achieved could be temporary as overcapacity and sluggish global demand continues.
18 Apr 2014
U.S. agricultural shippers say requirements by Japan, the European Union, and China for advance submission of cargo documents are creating a trade barrier for U.S. exports of perishable goods.

Pages