The rough Asia-Europe trade market and tit-for-tat sanctions between Russia and the West had a devastating impact on the Port of Hamburg’s throughput in 2015 by causing it to lose its status as the second-busiest port in Europe.
09 Feb 2016
A dozen tugboats pulled a mega-ship out of the mud of the Elbe River so that it could call at the Port of Hamburg, illustrating the pressure such gargantuan ships place on ports and rescue crews.
04 Feb 2016
China Shipping Container Lines’ mega-ship Indian Ocean has run aground in the Elbe river roughly 19 miles from the Port of Hamburg, according to the German newspaper Die Welt.
26 Jan 2016
Eurogate’s container volume shrank by 2 percent in 2015 as lower Italian traffic offset increased shipments at its domestic German terminals.
16 Dec 2015
Deutsche Bahn is expected to unveil plans today to trim underperforming rail freight operations as part of a restructuring to restore profitability as it faces its first net loss in over a decade this year.
13 Dec 2015
Cargo volumes at Germany’s new deep-sea container terminal in Wilhelmshaven gained traction this year after a very slow start that forced it to put its workforce on a short-time labor scheme.
01 Dec 2015
As it gets closer to a $1.35 billion acquisition by DSV, logistics company UTi Worldwide opens new multimodal facilities in Southeast Asia to speed freight to Europe and the U.S.
12 Oct 2015
The world's second-largest transport operator is adding more than 41,000 postal codes to its international guaranteed package service, expanding its delivery footprint in Asia and other regions.
12 Oct 2015
Hapag-Lloyd is pressing ahead with its initial public offering despite market volatility that has prompted some other German firms to re-think their share listing plans, the chief executive of the world’s fifth largest ocean carrier said.
29 Sep 2015
In a break with tradition, Maersk Line is transferring the operation of a dozen container vessels to two German ship-management companies.
28 Sep 2015
Hapag-Lloyd, the world's fifth-largest ocear carrier by capacity, today unveiled plans for an initial public offering before the end of the year that is set to raise around $500 million to help fund the acquisition of mega-ships and value the company at around 5 billion euros ($5.6 billion).