Germany’s HSH Nordbank, the world’s biggest ship financier, warned the crisis in the shipping market could deepen through 2014, as it announced sharply lower net income and more than tripled loan loss provisions.
Germany
17 May 2013
FedEx Freight Canada, a subsidiary of FedEx, has held an opening ceremony for its new service center for the Vancouver, British Columbia, area.
16 May 2013
The Port of Hamburg handled 32.8 million tons of seaborne cargo in the first three months of 2013, putting the German port “back on a growth course,” fueled in particular by a 6.3 percent year-over-year increase in bulk cargo.
15 May 2013
In March, Germany exported €94.6 billion (about US$121.8 billion) worth of goods and imported $97.6 billion worth of goods.
15 May 2013
German ocean carrier Hamburg Süd today ruled out an early revival of stalled merger talks with its rival Hapag-Lloyd as it announced a modest improvement in its 2012 results.
15 May 2013
Hapag-Lloyd nearly halved its operating loss in the seasonally weak first quarter as the German ocean carrier posted modest gains in freight rates and cargo volumes and paid less to fuel its ships.
14 May 2013
Fraport, which operates Frankfurt Airport in Germany, handled 174,047 metric tons of cargo, including transit, in April, sliding 0.1 percent from April 2012.
14 May 2013
Intermodal service between Vienna and Rostock, Germany, has created a direct link between Central Europe and Scandinavia, Finland and the Baltic states.
14 May 2013
Hamburg Hafen und Logistik AG’s profit jumped 13.2 percent in the first quarter, as Hamburg’s biggest stevedore increased container traffic by 5 percent on sharply higher Asian and Baltic shipments.
09 May 2013
JadeWeserport in Germany has handled 33,000 containers since it opened in September 2012...
08 May 2013
In the first quarter of 2013, cargo throughput at Germany’s Frankfurt Airport was about 493,000 metric tons, improving by 0.9 percent compared with the first quarter of 2012.
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