U.S. private equity group KKR is seeking a buyer for its majority stake in U.N. Ro-Ro, the Turkish roll-on, roll-off shipping line it acquired in 2007.
11 Feb 2013
Zim Integrated Shipping Services will restructure its network this month, to enhance the carrier’s Asia to east Mediterranean and Black Sea service.
01 Feb 2013
Ocean carrier United Arab Shipping Co. will implement a general rate increase on all U.S. export cargo to the Middle East and Mediterranean, effective March 1. It will apply to all tariff ocean freight rates and service contracts.
28 Jan 2013
Container freight shipping company Evergreen Line will launch a feeder service linking Greece, Turkey and Malta at the end of January.
22 Jan 2013
CMA CGM announced a peak season surcharge from all Asian ports to all northern European ports. The surcharge will be $250 per 20-foot container, effective Jan. 28.
22 Jan 2013
As volumes on the major east-west trades slow and even decline, logistics providers are beefing up their services in fast
18 Jan 2013
Dachser has acquired Transunion, a Spanish air and sea freight logistics provider, according to Dachser Transport of America, the U.S. division of the Germany-based logistics service provider.
17 Jan 2013
When does a market go from mature to emerging? In the case of the trans-Atlantic ocean trade, it happens when shippers and manufacturers recognize the benefits of sourcing and selling their wares in developing countries such as Russia, Turkey and West Africa.
20 Dec 2012
Port operator Yildirim has acquired RotaPort, a port in Korfez, Turkey, located about 80 kilometers (about 50 miles) from Istanbul.