Röhlig achieved a strong result in the 2023 financial year
NewsIn total, Röhlig Logistics now has more than 40 warehouses and around 265,000 square meters of storage space worldwide....
HHLA records a drop in revenue in the 2023 financial year
NewsVolume development in the Container segment was also affected by the loss of feeder traffic with Russia as a result of EU sanctions and war ...
Port of Rotterdam in 2023: Less throughput, progress on sustainability
NewsAgainst the backdrop of geopolitical developments and upcoming elections in several countries, 2024 is also expected to be an unpredictable ...
ONE posts loss
NewsSingapore-headquartered Ocean Network Express (ONE) has reported a loss of US$83M for the third quarter period of its 2023/24 fiscal year, w...
Kalypso Line files for insolvency
NewsThe forwarder-owned Italian operator has filed for protection following the arrest of a ship in Taranto...
Maersk out of Höegh Autoliners
NewsMaersk has sold 20M shares in Norway’s Höegh Autoliners, cutting its holding to zero, according to a stock exchange filing...
HHLA still up against it
NewsRevenue and earnings performance of Hamburger Hafen und Logistik AG (HHLA) declined in the first nine months of 2023; however, container han...
Lineas to come up with recovery plan
NewsEurope’s biggest private rail freight company needs an injection of around €50M...
Wascosa closes successful financing round
NewsWascosa Group Holding has successfully closed the raise of its existing capex facility by €90M and the incorporation of a second capex fac...
Il Messagero reports MSC’s financial results
NewsIt seems that MSC inadvertently disclosed its financial results when making a successful bid for 50% of profitable Italian passenger train o...
ICTSI signs US$750M loan deal with Metrobank
NewsThe Manila-based GTO says the six-year loan term facility will be used to fund further expansion as well as refinance short-term obligations...
ZIM posts loss in first half of 2023
NewsHaifa-based Zim Integrated Shipping Services has posted a net loss of US$271M for the first six months of trading....
GAUSSIN crowdfunds €8M in simple bonds
NewsGAUSSIN has successfully used the Lumo crowdfunding platform to raise €8M in the form of simple bonds....
Traffic returning to Port of Long Beach
NewsThe Port of Long Beach (POLB) handled 656,049 TEU in April 2023. While this was down 20.1% from April 2022, POLB executive director Mario Co...
Poor performance at Indian ports in 2022
NewsIndian ports handled 19.7M TEU in 2022, up less than 1% on the previous year’s throughput, as the global economic slowdown, ongoing effect...