Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.
Monday April 6, 2020
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Eimskip
Eimskip
Eimskipafélag Íslands (The Icelandic Steamship Company) is the oldest shipping company in Iceland, established in 1914. The Reykjavík, Iceland-based company runs six shipping lines on the North Atlantic through operation of 8 ships with carrying capacity of 7,210 TEUs.
Eimskip and its subsidiaries — Eimskip-CTG, Faroe Ship, Eimskip Flytjandi, TVG-Zimsen, and Herjoflur — transport cargo by land, air and sea, and offer various logistics solutions such as warehousing and distribution. The company employs approximately 1,350 individuals across 51 offices in 18 countries.
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29 Nov 2018
The combined US import market share of the Top 5 US import carriers slipped 0.3 percentage points to 58.1 percent from January through September, while the Top 5’s US export share fell 0.8 percentage points to 58.4 percent, according to data from PIERS, a sister product of JOC.com.
05 Nov 2018
Top 40 US import/export carriers: the strong US import volumes, particularly from Asia, have benefitted container lines, with year-over-year gains rising steadily since April on tariff fears. Zim and Pacific International Lines recorded the largest US import percentage gains.
11 Sep 2018
The port of Halifax’s volume has grown amid the global economic recovery, and now it has a flexible expansion plan to position it for even greater volume and bigger ships.
09 Apr 2018
The Top 5 container lines serving the United States slightly increased their combined share of imports in 2017, but dominance of their exports receded.
29 Nov 2017
The service fulfills a company goal of introducing weekly calls at Portland by 2020.
25 Aug 2017
The sharp rise in revenue was mainly due to an 84 percent surge in the freight forwarding division.
25 Jul 2017
The move would build upon Samskip’s penetration of the shipping market between Norway and Northern Europe in recent years.
12 Jun 2017
SHIP-LOG’s management team will retain 25 percent of the company’s shares and will manage its operations.
24 May 2017
“The first quarter was in line with our expectations.”
21 Apr 2017
Eimskip continues acquisition spree with container seller-lessor share.
04 Apr 2017
Eimskip in the last two years has acquired two freight forwarders focused on reefer cargo.
24 Feb 2017
Eimskip says more acquisitions are on the way in 2017.
21 Feb 2017
Eimskip said it has 15 working days to reply to the preliminary objection.
25 Jan 2017
The new ice-class ships are scheduled for delivery in 2019.
24 Jan 2017
Eimskip’s acquisition spree continued this week with the purchase of a Belgian refrigerated freight forwarder.
10 Jan 2017
Eimskip is facing a strike on its container ships next week.
18 Nov 2016
Eimskip said it is eyeing fresh acquisitions as the Icelandic shipping and logistics group posted its best third quarter since 2009.
03 Nov 2016
Eimskip will acquire the Norwegian short-sea operator Nor Lines, the latest purchase by the Icelandic container line, which has made expansion via acquisitions a key goal.
19 Oct 2016
Eimskip’s acquisition spree continues with the purchase of a Netherlands-based forwarder.
24 May 2016
Eimskip wants to connect Greenland to the global container trade.
24 Nov 2015
Eimskip is eyeing fleet expansion after the Iceland container shipping and refrigerated logistics group, posted its best quarterly result since 2009.
09 Jan 2015
Iceland-based niche carrier Eimskip has continued its expansion into refrigerated logistics services by acquiring Rotterdam-based forwarder Jac. Meisner.
29 May 2014
As a niche carrier with a growing refrigerated forwarding business and aggressive plans to expand, Eimskip is poised to ride the waves fueled by larger vessels and booming inter-Asia trade. Much of this promise centers on the container shipping and refrigerated logistics group’s ability to handle a wider variety of reefer goods throughout the supply chain.
15 May 2014
Eimskip, the Icelandic container shipping and refrigerated logistics group, doesn’t expect import volume to increase much this year, but it is planning on export traffic to expand, largely because of demand for fish shipments.
04 Mar 2014
Eimskip, the Icelandic container shipping and refrigerated logistics group, is planning to list its shares abroad to help
17 Oct 2013
Wholesale prices for lobster caught in Maine and Canada have plummeted to $2.30 a pound, about the same price commanded 25 years ago, as the annual catch grows. Most consumers, however, aren’t seeing the savings because restaurant menu prices largely haven’t dropped.
18 Sep 2013
Eimskip, the Icelandic shipping and logistics group, failed in a bid to discover the reasons why antitrust officials carried out a dawn raid on its Reykjavik headquarters last week.
28 Aug 2013
Maersk Line and its intra-Europe subsidiary SeaGo Line said they will not accept cargo to or from Iceland beginning Oct. 1.
24 May 2013
Eimskip, the Icelandic shipping and logistics group, posted higher first quarter earnings and revenue as strong reefer tr
13 Mar 2013
Eimskip has announced several changes in its sailing schedule in order to expand its service in the North Atlantic.
05 Mar 2013
Eimskip reported a net loss of €1.0 million (about US$1.3 million) in the fourth quarter of 2012, plummeting 261.5 percent from a profit of $0.8 million in the fourth quarter of 2011.
27 Feb 2013
Eimskip has appointed Jan Felix Grossbruchhaus as senior manager in Germany, effective April 1.
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