A tight talent supply, persistent vessel oversupply, and a “procurement mindset” will continue to challenge the project cargo market, according to speakers at the Breakbulk Europe conference in Bremen.
13 May 2019
There are savings to be made from slowing ships even further, although with vessels already slowing down there will be diminishing returns.
08 May 2019
European imports from Asia have yet to show any ill effects from a slowdown in economic activity in major economies in the European Union.
15 Mar 2019
The Geneva-based carrier may soon be the sole owner of Gioia Tauro's container terminal, and its only customer, which could make it difficult to arrest declining volume at the transshipment hub.
14 Mar 2019
If Italy signs up to Beijing's Belt and Road Initiative as expected, it will open the way for Trieste to become China's gateway to southern Europe.
03 Jan 2019
The surcharges and rate increases are coming in hot as 2019 gets under way, with carriers trying to keep prices up into the Lunar New Year peak.
25 May 2018
With such a sharp increase in bunker fuel prices that dragged carriers into a loss-making first quarter, it is no surprise that Maersk and Mediterranean Shipping Co. will levy an emergency bunker surcharge from June 1.
18 May 2018
A sharp increase in fuel prices is placing carriers under pressure, and they've responded with rate increases planned for June 1.
21 Mar 2018
Capacity scheduled for deployment on the Asia-North Europe and Mediterranean trades over the next 12 weeks is well above the expected demand for the year.
16 Mar 2018
Maersk Line said the Maersk Kensington, a vessel owned and operated by US subsidiary Maersk Line Ltd., reported a container on fire in a cargo hold while en route from Salalah, Oman, towards Suez. All 26 crew members are safe and accounted for.
12 Mar 2018
Maersk Line will make alternative vessels available to European exporters after a fire crippled the Maersk Honam in the Arabian Sea.
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