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  • September 19, 2014
  • Last updated: 8:25am
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Results 1 - 10 of 60 for economy of europe

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  1. Business - Companies - SHIPPING

    Three global shipping lines form alliance serving Asia, Europe and US

    Posted Sep 10th 2014, 04:05am by JING YANG

    ... in major alliance Three of the world's largest container shipping lines are forming an alliance that will cover major trade lanes between Asia, Europe and the United States in another move ... It will garner 20.3 per cent market share in Asia-Europe trade and 13.1 per cent on Asia-North America trade, according to Tan Hua Joo, an executive consultant at Paris-based container shipping ...

  2. Business - China Business - SHIPPING

    China Cosco Holdings buys 5 container ships for US$618m

    Posted Sep 18th 2014, 02:35pm by JING YANG

    ... Asia-Europe trades and Asia-US trades after the Panama Canal’s expansion is completed next year. ...

  3. Business - Companies - SHIPPING

    All aboard for 4-way battle on sea lanes

    Posted Sep 11th 2014, 06:02am by JING YANG

    ... cooperation agreement on Tuesday, following in the footsteps of 2M, G6 and CKYHE. As a result, east-west container trades- which straddle the Asia-Europe, Asia-North America and Europe-North America ... "as soon as possible" as it planned to begin operation at the end of the year. Approval from China and Europe will not be needed. The European Commission exempts container shipping ...

  4. Business - Companies - SHIPPING

    Cosco signs landmark deal with Vale for giant ore carriers

    Posted Sep 13th 2014, 04:47am by JING YANG

    ... the world's biggest bulk carriers, in a bid to achieve economies of scale and slash transport costs. However the ban, in place since early 2012 after strong lobbying from Cosco, has crippled the super ...

  5. Business - Companies - SHIPPING

    Maersk, MSC file plan with US commission on proposed tie-up

    Posted Aug 29th 2014, 01:14am by JING YANG

    ... from Europe to the US and into Asia. "The geographic scope shall extend to trades between ports in Northern Europe and the Mediterranean, ports on the US Atlantic, Gulf and Pacific coasts ... Including Asia-Europe trades, 2M involves a total of 185 vessels with a capacity of 2.1 million teu. It has a market share of 35 per cent on Asia-Europe, 16 per cent on transpacific and 30 per cent ...

  6. Business - Companies - SHIPPING

    Maersk-MSC tie-up approval may run to late 2014

    Posted Sep 02nd 2014, 12:38am by JING YANG

    ... November but with additional conditions attached. Marketed as 2M, Copenhagen-based Maersk Line and Geneva-based MSC plan a vessel-sharing agreement for seaborne trade that straddles Europe, the US ...

  7. Business - Economy - SHIPPING

    Asian ports need to be as efficient as Europe, shipping executive says

    Posted Nov 15th 2012, 12:00am by Keith Wallis

    ... 'need to catch up with Europe' Hong Kong and other Asian ports are falling behind European port operators in terms of productivity, a senior shipping executive has warned. Nicolas Sartini, group senior vice-president of Asia-Europe lines at French container line CMA CGM, said some European ports were 50 per cent more efficient at loading and unloading containers than those ...

  8. Business - Economy - SHIPPING

    Container carriers raise rates to seek profit on Asia-Europe route

    Posted Oct 26th 2012, 12:00am by Bloomberg

    ... Bloomberg in Hamburg The container lines have been losing money because of overcapacity and lower demand Carriers raise rates to seek profit on Asia-Europe route Europe's largest container lines are making an attempt to increase Asia-Europe rates to more than break-even levels and restore profit before the end of the year. Capacity cuts may boost their chance of success. AP ...

  9. Business - Economy - SHIPPING

    Shipping industry moves into digital age with automated booking

    Posted Jun 21st 2014, 12:53am by BLOOM

    ... more like buying a plane ticket. About 160 million containers filled with goods crossed oceans last year, 13 per cent of them bound for North America and 21 per cent for Europe, according ... this because it's a huge drain on our economy," he said. Ocean Audit reviewed invoices to find mistakes in customers' favour, taking 50 per cent of the savings, Ferreira said. Other ...

  10. Business - Economy - SHIPPING

    Asian bulk capesize rates seen falling as ships exceed new cargo volumes

    Posted Jul 11th 2014, 01:31am by Reuters

    ... Reuters in Singapore Freight charges will continue to sink as underactive market sees available charter ships on vital Asian routes exceed new cargo volumes Brokers predict fall in Asian bulk capesize rates Rates for capesize bulk carriers on key Asian ro ...




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