Europe

Europe

Triple E class container ship Mærsk Mc-Kinney Møller
19 Aug 2014
Maersk Line reported a profit of $547 million for the second quarter as the container shipping division helped drive up the Maersk Group’s half-year earnings by 42 percent year-over-year.
Construction underway at APT Terminals Izmir
12 Aug 2014
APM Terminals Izmir ordered three ship-to-shore quay cranes and 10 rubber-tire gantry cranes from ZPMC for its new container terminal at Turkey’s port of Petkim.
12 Aug 2014
Bulk and tanker shipowner Scorpio Group said today that it will enter the container ship market by helping to build the l
Hamburg Express Hapag-Lloyd vessel
12 Aug 2014
Hapag-Lloyd swung to a €54.2 million ($72.6 million) net loss in the second quarter from a €20.9 million profit a year ago as falling freight rates and a weaker dollar offset a modest increase in container traffic.
Alitalia plane
11 Aug 2014
Etihad Airways plans to revive and expand Alitalia’s dormant cargo business after acquiring a 49 percent stake in the per
09 Aug 2014
Wilh. Wilhelmsen ASA, the world’s largest deep-sea roll-on, roll-off carrier, posted a 30 percent decline in second-quarter profit as one-off charges offset a double-digit increase in cargo volume.
Weekly wrap-up for August 9, 2014
08 Aug 2014
Troubles in the Pacific Northwest dominated the news this week.
08 Aug 2014
Maersk Line, the world's largest container line, moved on Friday to cease bookings on agricultural goods that are barred from entry into Russia as of Aug. 7.
Thumbnail of interactive graphic on U.S. exports of chicken to Russia.
08 Aug 2014
Russia's one-year ban on food imports from the U.S. and other countries will hit U.S. poultry exports particularly hard, given Russian fondness for American frozen chicken.
Ocean carrier rate revision roundup for August 8
08 Aug 2014
Major container lines announced general rate increases taking place in mid-August through October this week.
The Shanghai Containerized Freight Index for northern Europe ports fell 7.8 percent this week.
08 Aug 2014
Spot rates from Asia to northern Europe continued a trend of peaks and valleys this week, giving up nearly half of pricing gains achieved around Aug. 1 general rate increases.