A ray of hope for services 
Positive news concerning container traffic is rare at the moment. Falling cargo rates and excess capacity continue to dominate the headlines. A new report by Drewry on load developments in Bric countries provides some positive momentum and shows the potential for growth for... more
RWI/ISL: world trade still without zest 
The latest RWI/ISL container throughput index showed that the sideward movement of world trade observed since early 2013 continued in September. That month's index of 116.2 points exactly matches last year’s value. The RWI/IS said it was the first time that they have observed... more
MSC reveals P3's service network
The Swiss liner company MSC has revealed the proposed service schedule for the new P3 alliance consisting of Maersk Line, CMA CGM and MSC and still subject to the approval of regulatory authorities P3 will operate 29 loops and deploy 255 vessels with a total capacity of 2.6... more
Stena adds third ship to Belfast–Liverpool route
The ferry operator Stena Line will be adding extra freight capacity to its Belfast (N. Ireland)-Liverpool (UK) service. The "Stena Hibernia" will be introduced onto the route from 5 November and will initially operate eight sailings per week, giving freight customers... more
Saecs shows flexibility
The member lines of Saecs (DAL, Maersk, MOL and Safmarine) have been taking stock, taking particular note of recent changes in the trade between South Africa and Europe. For example, containerised fruit exports have significantly increased, which has prompted the companies to... more
Chinese port stocks react to mini-stimulus
China's port stocks will rally on improved economic data in the second half of the year, as Drewry has pointed out in its latest report Container Insight Weekly. Shares in Tianjin Port Development Holdings (TPD) and the largest public port operator in China - China Merchant... more
Motorways of the Sea receive EUR 170 million
The European Commission has selected a total of 172 projects that will benefit from almost EUR 1.6 billion in EU co-financing from the trans-European transport network (TEN-T) programme for improving transport infrastructure across Europe. 89 projects selected from the 2012... more
MacAndrews offers new service from Teesport
The feeder operator MacAndrews, part of the French container shipping line CMA CGM, has introduced a new weekly multimodal logistics service into the UK's Teesport, run by PD Ports. This new weekly service connects Teesport with Iberia, Sweden and Poland. MacAndrews has... more
Massive boost for Rotterdam LNG hub
The Port of Rotterdam Authority has been granted two European subsidy applications relating to liquid natural gas (LNG9 The European Union supports the development of a Rotterdam LNG hub through a subsidy of EUR 40 million for LNG infrastructure for the Rhine-Main-Danube area... more
CaroTrans expands transpacific services
CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announced a direct Los Angeles (USA) to Suva (Fiji) LCL export service with a twelve day transit, which is said to be the fastest in the market. This transit has been reduced... more