Container ports on the Baltic Sea in January 2015 reduced handling 12.7 per cent to 453,000 TEU

Container turnover of the Baltic sea ports (Latvia, Lithuania, Estonia) in January 2015 amounted to 453,000 TEU, down 12.7 per cent YoY, according to the statistics provided by the press-services of the ports. St. Petersburg is the leading container port…

Dry bulk shippers set up Capesize pool to survive in the worst industry downturn

Five dry bulk shipping firms announced the creation owners of a joint chartering company with at least 220 ships last week seeking to reduce costs as the industry is struggling with worst downturn in 30 years. Capesize Chartering – which…

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