Europe

30 Aug 2016
VTG boosted first-half profit the group benefited from lower financing costs and synergies from the acquisition of a rival company.
30 Aug 2016
Samskip, the Icelandic shipping and logistics group, has bought Norway’s Euro Container Line.
The port of Murmansk, pictured, is used mostly for coal, but a government policy could change that and increase the amount of containers it handles.
29 Aug 2016
Shippers are welcoming a Russian government plan that could save them thousands of dollars and up to a week in transit time.
Eimskip is working to expand its global presence and pad its bottom line through acquisitions and space-sharing agreements.
29 Aug 2016
Eimskip is on the acquisition trail again.
Traffic at Eurokai's German terminals, such as this one at Bremerhaven, grew at an unexpectedly brisk pace in the first half.
29 Aug 2016
Eurokai’s first-half profit surged, but the leading pan-European container terminal operator warned the industry faces an uncertain future.
25 Aug 2016
APL’s tie-up with CMA CGM has allowed the Singapore liner to re-enter the India-Europe trade lane.
A new container terminal at the port of Algeciras, the future site of which is pictured in the foreground, would be a significant boost to Cosco Shipping Ports's international aspirations.
23 Aug 2016
Cosco Shipping Ports is tipped as a likely frontrunner in the bidding for a tender to build and operate a third container terminal at the southern Spanish port of Algeciras.
DFDS got a boost from British competition regulators, who told rival Eurotunnel it could no longer operate cross-channel maritime services.
22 Aug 2016
DFDS raised its full-year outlook and increased profit following a strong second quarter at a time other transportation companies have posted losses or downgraded their full-year outlooks.
XPO in the second quarter recorded a profit, the first since CEO Bradley S. Jacobs took control of the company in 2011.
17 Aug 2016
Refinancing saves XPO Logistics money that can be reinvested in "optimizing" its global business.
Few shippers see prices going up substantially this year, and some say the rates won’t change until at least April, when the new carrier alliances take effect.
17 Aug 2016
The dramatic descent of spot prices to five-year lows in both directions on the trans-Atlantic shipping route has sparked questions about how low the price can go, and if the once sleepy, stable route has changed.
Traffic declines at the port of Hamburg, pictured, through 2015 cost the port its position as the second-busiest in Europe.
16 Aug 2016
Hamburg has finally pulled out of the container slump.