Threat of more strikes at German ports as workers reject 'inadequate' offer
German trade union ver.di has rejected the Central Association of German Seaport Operators’ (ZDS) collective ...
DSV: SCHENKER BOOST DAY FOURAMZN: EXPANDED COLLABORATION AMZN: INTEL PARTNERSHIPPG: LEAST SHORTED STOCKFDX: SURCHARGE SPOTLIGHTBA: OTHER BAD NEWSBA: UNEXPECTED CASH OUTFLOWTGT: PEAK SEASON DSV: MODELLING CAPITAL APPRECIATIONAMZN: MESSAGE FROM CEODSV: CONSENSUS ESTIMATES RXO: COYOTE DEAL CLOSEDDHL: POSTE PARTNERSHIPDSV: SCHENKER BOOST DAY THREEAAPL: PRESSURE BUILDS WMT: ANOTHER RECORDFWRD: ON THE RISE
DSV: SCHENKER BOOST DAY FOURAMZN: EXPANDED COLLABORATION AMZN: INTEL PARTNERSHIPPG: LEAST SHORTED STOCKFDX: SURCHARGE SPOTLIGHTBA: OTHER BAD NEWSBA: UNEXPECTED CASH OUTFLOWTGT: PEAK SEASON DSV: MODELLING CAPITAL APPRECIATIONAMZN: MESSAGE FROM CEODSV: CONSENSUS ESTIMATES RXO: COYOTE DEAL CLOSEDDHL: POSTE PARTNERSHIPDSV: SCHENKER BOOST DAY THREEAAPL: PRESSURE BUILDS WMT: ANOTHER RECORDFWRD: ON THE RISE
A perfect storm of a downturn in cargo to and from both China and Russia hit the port of Hamburg’s container throughput in the first six months of the year, which fell to 4.5m teu – a disappointing 6.8% below the same period of 2014. In the port’s half-year review the executives once again reiterated the urgency of implementing the much-delayed dredging of the navigation channels in the River Elbe to, “facilitate improved handling” of ultra-large container vessels (ULCV) at the city port. “Following dredging an ULCV could transport up to 1,800 more loaded containers (teu) both inbound and outbound,” claimed the port’s management.
Comment on this article