Mediterranean Shipping Co. is testing the waters in Iran as it appears more likely United Nations sanctions will be lifted as part of a new nuclear agreement between the West and the pariah state.
23 Jun 2015
Hapag Lloyd is adding the port call of Ashdod, Israel, to its service connecting the country with Turkey and said it will begin calling on Iskenderun, Turkey in late July through an unspecified service.
08 Jun 2015
Declining U.S. exports are offsetting U.S. imports and confronting container lines with tough decisions in the Mediterranean-North America trade.
02 Jun 2015
Taiwanese carrier Evergreen Line and Turkey's Arkas Line are launching a new collaborative West-East Mediterranean Service.
10 Apr 2015
Container shipping spot rates from China to the Mediterranean fell to the lowest level in roughly a year and a half, reflecting how surge of new capacity on the trade lane is offsetting strong demand.
11 Mar 2015
The yawning cargo imbalance on the North America-Mediterranean container trade is still widening and carriers need an economic recovery in southern Europe to narrow the gap, according to Drewry Maritime Research.
31 Dec 2014
Ocean carriers face an uphill struggle to push through planned general rate increases on the Far East-north Europe trade in January amid deteriorating economic conditions at both ends of the world’s biggest liner route.
17 Dec 2014
The launch of the 2M and 03 alliances in the New Year will boost capacity on the Far East-Mediterranean route by about 19 percent, triggering a battle for market share that could result in fresh rate reductions, according to Alphaliner.
05 Dec 2014
Multiple container lines plan to attempt general rate increases in numerous trade lanes in December and January, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
03 Dec 2014
Maersk Line and Mediterranean Shipping Co. today unveiled their finalized east-west network for their 2M Alliance, just months before the alliance is slated to begin operating.
01 Dec 2014
Falling volumes on the Asia-Mediterranean services has created a volatile spot market and could become unprofitable for carriers despite a year-to-date upsurge in demand.