Short Sea Shipping

Coverage of barge and cargo shipping, as well as the coastal trade industry.

Commentary

 
Shipping lines on the busy North Sea and Baltic routes are jostling for position ahead of another round of consolidation as the private equity funds and buyout firms that rushed into the market during the boom days of easily available capital and debt finance and strong traffic growth are bowing out.

News & Analysis

 
13 Jun 2013
The St. Lawrence Seaway reported cargo shipments from March 22 to May 31 totaled 8.1 million metric tons, down 12 percent compared to the same period in 2012.
 
06 Jun 2013
Shreyas Shipping and Logistics, India’s leading coastal container carrier and multimodal logistics company, posted a consolidated net profit of Rs. 15.40 crore (about $2.75 million) in fiscal year 2012-13, up 175 percent from $1 million a year earlier.
 
04 Jun 2013
The Coast Guard captain of the Port of St. Louis has restricted traffic on the upper Mississippi River following high water.
 
29 May 2013
Ray LaHood, secretary of the U.S. Department of Transportation, has assigned $10.9 million, via a Transportation Investment Generating Economic Recovery grant, to the City of West Memphis, Ark., to expand the city’s ports.
 
24 May 2013
The European Commission’s director-general for mobility and transport and the Central Commission for the Navigation of the Rhine’s secretary general sign agreement to improve inland navigation operations.
 
22 May 2013
Denmark’s DFDS reported its pre-tax loss in the seasonally weak first quarter widened to 118 million kroner ($ 20.5 million) from 98 million kroner ($17 million) a year earlier, as cargo traffic stalled on its key North Sea and Baltic shipping routes.
 
20 May 2013
BG Freight Line, the short sea specialist based in Rotterdam, the Netherlands, will increase the frequency of its services to Liverpool, England, in June.
 
15 May 2013
Shreyas Shipping and Logistics announced plans to launch a coastal container service between West India and South India.
 
15 May 2013
Samskip Multimodal has increased capacity on short sea services connecting Rotterdam, the Netherlands, to Hull, U.K.
 
10 May 2013
New York State’s 524-mile canal system opened for the season this week, welcoming commercial traffic and recreational boaters, Times Union reports.