Allcargo Logistics, the parent of global non-vessel-operating common carrier ECU Line, plans to more than double annual revenue.
Coverage of barge and cargo shipping, as well as the coastal trade industry.
News & Analysis
11 Apr 2016
A new U.S. Department of Transportation push to promote coastal and inland waterway container services has come despite signs that such efforts have a poor track record.
07 Apr 2016
Maersk Line’s sister company Mercosul Line will beef up its cabotage and coastal operations along the East Coast of South America by adding a new vessel and service to help meet shipper demand for more options to Argentina.
28 Mar 2016
A pact between India and Bangladesh to streamline and bolster coastal shipping operations between the two countries is beginning to bear fruit with the first departure of a container ship under those guidelines from Krishnapatnam, India, on Monday.
23 Mar 2016
Shreyas Shipping and Logistics, India’s fast-growing short-sea ship operator, last week added a vessel with a capacity of 1,700 twenty-foot-equivalent units to its fleet.
16 Feb 2016
Plunging freight rates amid sluggish demand and excess capacity in the Indian coastal shipping market caused a sharp fall in net earnings in the third fiscal quarter at Shreyas Shipping and Logistics, according to a company filing with the Bombay Stock Exchange.
15 Feb 2016
DFDS almost doubled its operating profit in the fourth quarter of 2015 on increased freight volumes on its key north European short-sea routes that helped to deliver a record full year performance.
28 Jan 2016
Shippers looking for another way to access central Norway can now tap a Samskip Multimodal short-sea service after the carrier added a call to Gjemnes.
18 Dec 2015
Channel tunnel operator Eurotunnel has said that it will be seeking permission from a France court to sell the freight ferry Nord-Pas-de-Calais following a British Supreme Court judgement confirming earlier decisions by the U.K. competition authorities barring it from operating out of the port of Dover.
27 Nov 2015
India and Bangladesh are moving closer to allowing introduction of coastal shipping services between the two countries with the goal of boosting bilateral trade.