Maersk Line had added a new service from Latin America to Europe and a new call on an existing service in the trade lane in an effort to tap one of the areas where container lines can still gain steadily profitable business: reefer cargo.
04 Jan 2016
North Europe’s stagnant economy is expected to produce a decline in container volume at the region’s ports during the first half of 2016, Hackett Associates and the Hamburg-based Institute of Shipping Economics and Logistics said.
21 Dec 2015
Ocean carriers are facing a second consecutive year of shrinking container traffic on the troubled trade from Europe to the east coast of South America as the key Brazil economy is in a “real funk,” according to Drewry Maritime Research.
29 Sep 2015
The Europe-East Coast South America trade is facing a bleak future with freight rates set to remain under constant pressure from shrinking container volumes, according to Drewry Maritime Research.