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.
Cargo is surging at northern European ports, but it’s not without consequences.
18 Aug 2014
Cargo is surging at northern European ports, but it’s not without consequences.
18 Aug 2014
Shippers transporting goods via freighters and in the bellies of passenger planes flying in the northern European are closely watching an Iceland volcano, as many recall how a 2010 eruption on the island seriously disrupted shipments for days.
18 Aug 2014
Nine straight weeks of steady declines in pricing of low-sulfur bunker fuel have brought the price per metric ton down to the lowest levels in more than three years.
18 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in August, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Hapag-Lloyd containers
17 Aug 2014
Even with sustained growth in volumes across all major trade lanes, Hapag-Lloyd’s loss widened in the first half of 2014, in large part because of falling and volatile freight rates.
Weekly wrap-up for Aug. 16, 2014
16 Aug 2014
Diversions related to the ongoing negotiations on the U.S. West Coast between the International Longshore and Warehouse Union and the Pacific Maritime Association continue to have an impact elsewhere.
Clasped hands: EU, Canada
15 Aug 2014
Executives at Canada’s two main east coast container ports of Montreal and Halifax say a free trade agreement between Canada and the European Union will boost their volumes.
The SCFI Shanghai-U.S. East Coast rate slipped just 0.2 percent week-to-week to $4,178 per 40-foot container.
15 Aug 2014
Growing volumes to the U.S. East Coast caused by cargo diversions and peak-season demand have buoyed spot rates on the lane.
15 Aug 2014
As global demand for refrigerated transport service rises, Ryder Europe is adding more temperature-controlled trailers to its rental fleet in the United Kingdom.
U.S. waterborne containerized imports of auto parts were up 7.9 percent in the second quarter of 2014.
14 Aug 2014
Containerized auto parts imports into the United States continued to trend upwards in the first half of 2014, in a market that has seen growth of over 10 percent in the past two years.