Europe

Europe

Zim container ship at Long Beach
22 Sep 2014
The European Shippers Council attacked the proposed 2M vessel-sharing agreement in a letter sent last week to the Federal Maritime Commission but is unlikely to convince the U.S. regulatory agency to reject the agreement involving the world’s two largest container lines.
22 Sep 2014
The southern Italian port of Taranto, once a leading transhipment hub, faces an uncertain future after losing its last long-haul intercontinental service in the latest shake up in the fiercely competitive Mediterranean container market.
Ocean carrier rate revision roundup for Sept. 19
19 Sep 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
17 Sep 2014
China-Europe rail services continue to grow in popularity with DHL the latest forwarder to offer a new weekly scheduled block train from Suzhou to Poland.
cattle in Brazil
16 Sep 2014
The tit-for-tat imposition of embargoes between Russia and the West has opened the door for Brazil beef exporters to significantly expand shipments to Russia in recent months, with greater growth likely in 2015.
16 Sep 2014
Global Ports, Russia’s largest container terminal operator, reported a jump of 30 percent in profit for the first half of 2014, as favorable ruble-dollar exchange rate movements offset a drop in cargo volumes.
15 Sep 2014
Mediterranean Shipping Co. today unveiled surcharges of up to $165 per 20-foot container on North European and North American routes that will be subject to new low-sulfur limits in 2015.
Hapag-Lloyd's Hamburg Express container ship
14 Sep 2014
Container freight rates will stabilize and may trend upward over the next few years despite the existing overcapacity of vessel space because of the expansion of existing carrier alliances and the creation of new ones, according to Rolf Habben Jansen, CEO of Hapag-Lloyd.
12 Sep 2014
All major trade lanes saw a dip in spot rates for the week ahead, according to the latest reading of the Shanghai Containerized Freight Index...
12 Sep 2014
The European Union has opened the bidding for a record 11.9 billion euros [$15.5 billion] of funding for projects to improve transport links and remove logistics bottlenecks across the 28-nation bloc.
12 Sep 2014
European shipping lines, ports and cargo airlines are bracing for a further loss of business and possible service interruptions as the Kremlin weighs its response to the latest EU sanctions over Russia’s role in the Ukraine conflict.