Europe

Europe

19 Dec 2014
Concluding the final stage in its merger with Hapag-Lloyd, CSAV injected 259 million euros ($317 million) into the combined company and in doing so increased its shareholding to 34 percent in what is now the world’s fourth largest container line.
09 Dec 2014
Both Maersk Line and Hamburg Sud received top marks as the most reliable container carriers in the third quarter, Drewry's Carrier Performance Insight shows, as industry-wide reliability began to recover in October.
Vladivostok
08 Dec 2014
Russian has tapped Vladivostok as the country’s first “free” port, in an attempt to boost the Russian economy besieged by lower oil prices and sanctions from Western countries.
08 Dec 2014
Fuel prices out of Rotterdam, a leading global indicator of the broader fuel market, dropped over 10 percent last week, the latest in a downward spiral that began in July.
05 Dec 2014
Two carriers announced general rate increases targeting trans-Atlantic shipments to the Port of New York-New Jersey.
05 Dec 2014
Multiple container lines plan to attempt general rate increases in numerous trade lanes in December and January, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
04 Dec 2014
Logistics is a booming business in the Belgian city of Genk, not far from the Dutch and German borders and home to the newest Menlo Logistics distribution center in Europe.
04 Dec 2014
Spot rates for containers heading from Asia to Europe dropped an additional 15 percent this week, sinking to 19-month low.
04 Dec 2014
London — A 24-hour strike on Dec.
03 Dec 2014
Maersk Line and Mediterranean Shipping Co. today unveiled their finalized east-west network for their 2M Alliance, just months before the alliance is slated to begin operating.
02 Dec 2014
Ongoing congestion at the ports of Los Angeles and Long Beach continued to hurt the schedule of reliability of carriers calling the largest port complex in the Americas last month, according to SeaIntel Maritime Analysis’ latest Global Liner Performance Report.