BG Freight Line, the short sea specialist based in Rotterdam, the Netherlands, will increase the frequency of its services to Liverpool, England, in June.
Spot prices dropped for both high and low sulfur bunker fuel in Rotterdam in the week of May 17, according to daily Bunkervision price data via international marine fuel oil broker LQM Petroleum Services Inc.
Romania pulled the partial privatization of the state-owned rail company after potential investors, including a US short line operator, failed to pre-qualify for the bidding process.
The Shanghai Containerized Freight Index saw further rate erosion in European lanes, pulling the overall SCFI index below the $1,000 per 20-foot container mark for the first time since February 2012, to $990.78.
Euroseas today reported a net loss of $4.6 million in the first quarter of 2013, improving from a net loss of $9.0 million in the first quarter of 2012.
MSC Belgium has introduced a new container release system that allows customers in the Port of Antwerp in Belgium to collect their containers quickly in a secure environment.
Trans-Atlantic westbound rates saw another week of declines at an accelerated rate, moving to a new low of $2,027, according to the latest release of the World Container Index.
Backhaul rates from Los Angeles to Shanghai saw a 7.6 percent increase in the week of May 16, according to the latest release of the World Container Index.