Europe

Europe

Ocean carrier rate revision roundup for Nov. 21
21 Nov 2014
Multiple container lines have planned general rate increases in numerous trade lanes in October and November, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
21 Nov 2014
United Arab Shipping Co. plans to join the EPIC Service between the Indian subcontinent and North Europe operated until now independently by CMA CGM.
20 Nov 2014
In an effort to reduce congestion caused by mega-vessels, the Port of Hamburg has launched an initiative to better coordinate the handling of the vessels — even before they make their way up the estuary of the Elbe river.
19 Nov 2014
CMA CGM will use at least some of its new reefer fleet to serve growing produce trade between countries bordering both the Black Sea and the Mediterranean.
19 Nov 2014
Peel Ports CEO Mark Whitworth says a $480 million container port rising along the river Mersey will provide the port of Liverpool with “a fantastic opportunity to take back its national market share.”
18 Nov 2014
European Union trade partners are implementing trade-restricting measures at at “alarming” pace and their efforts to remove such hindrances has slowed, according to an annual EU report on protectionism released yesterday.
18 Nov 2014
A system aimed at expediting the customs clearance of goods traded between members of the Association of Southeast Nations will get its first test in in Malaysia, Singapore and Thailand.
17 Nov 2014
The operator of a fixed-day weekly container train recently launched between the Russian Far East and Moscow, which has handled just 1,800 TEUs to date, says heavy demand is leading it to consider doubling capacity with a second service.
17 Nov 2014
Cargolux, Europe’s largest all-cargo carrier, posted its best ever October, with its fleet of 22 Boeing 747 freighters breaking records for tonnage, revenue and block hours.
17 Nov 2014
The Asia-North Europe trade faces a “huge” impact from the influx of more than 50 ultra-large container vessels over the next 15 months, Drewry shipping consultants say.
17 Nov 2014
European Union regulators approved Etihad Airways' acquisition of a 49 percent stake in loss-making Italian-flag carrier Alitalia.