Gruzin Geo

Europe

  • By sotter sotter
  • February 27, 2026

The Port of Riga is strengthening its container network with new services from Hapag-Lloyd and Ellerman City Liners.

In early 2026, the Port of Riga welcomed two new scheduled container services. British line Ellerman City Liners connected Riga with Gdynia, Teesport, Tilbury, and Rotterdam, while global carrier Hapag-Lloyd launched a route Wilhelmshaven–Hamburg–Klaipeda–Riga–Rauma–Helsinki–Wilhelmshaven. Vessels from both lines will call at the port weekly, expanding Latvian customers’ access to international markets and improving delivery reliability.

  • By sotter sotter
  • February 27, 2026

DFDS launches cost-cutting programme after losses in logistics unit.

Danish transport and logistics group DFDS reported a decline in profitability for the full year 2025, with its key logistics division posting an operating loss. The Logistics Division posted revenue of DKK 15.6 billion, while EBIT was negative DKK 30 million, compared to a profit of DKK 200 million a year earlier. The ferry business remained profitable, posting EBIT of DKK 791 million on revenue of DKK 15.3 billion, although the result also declined. The company attributes the deterioration to market disruptions, declining demand in Northern Europe, problems in the Turkish transport market, and the impact of the war in Ukraine on freight flows in the Baltic region.

  • By sotter sotter
  • February 27, 2026

Luka Koper Group increased revenue and profit amid growth in container and road transport.

Luka Koper Group closed 2025 with improved key financial performance, despite the volatile global economy, trade uncertainty, and shifting logistics routes. Group net revenue reached EUR 380.3 million, exceeding the plan by 13% and the 2024 result by 15%. The main drivers were increased container and vehicle handling, as well as increased revenue from warehousing services. Operating profit (EBIT) increased by 44% to EUR 96.3 million, while net profit amounted to EUR 81.5 million, up 35% year-on-year.

  • By sotter sotter
  • February 27, 2026

VR lifts profits by 53% in 2025.

The Finnish state-owned rail group VR reported a strong financial performance for full-year 2025, with comparable operating profit (EBIT) increasing by over 53% to €129.8 million, compared with €84.6 million in 2024. The comparable EBIT margin rose to 10.4% (6.5% in 2024), marking a clear improvement in operational efficiency.

  • By sotter sotter
  • February 26, 2026

CPK invited 20 companies to participate in the tender for the management of the construction of the Port Polska railway junction.

Centralny Port Komunikacyjny, the company responsible for the Port Polska strategic project, has invited 20 companies and consortiums to submit bids for the contract engineer role in the design and construction of the first stage of a railway junction in the area of ​​the future airport. Bids are open until March 9. The contractor will be selected based on price criteria.

  • By sotter sotter
  • February 26, 2026

The Port of Hamburg increased its cargo turnover to 114.6 million tonnes thanks to growth in container traffic.

In 2025, the Port of Hamburg demonstrated positive growth, handling 114.6 million tonnes of cargo, an increase of 2.6% compared to the previous year. The container segment was the main driver of growth: transhipment volume reached 8.3 million TEUs, an increase of 7.3%, with each quarter exceeding 2024 results. In terms of tonnage, container traffic increased by 4.6%, confirming the robust demand for port services.

  • By sotter sotter
  • February 26, 2026

HHLA has launched the modernised Eurobridge intermodal terminal in Batyowo.

European port and logistics group Hafen und Logistik AG (HHLA) has commissioned the modernized Eurobridge intermodal terminal in Batyove. The new facility, which has become part of the company’s cross-border network, aims to strengthen sustainable rail supply chains between Ukraine and EU countries. The terminal provides a direct connection between the Ukrainian rail system and the European logistics infrastructure.

  • By sotter sotter
  • February 25, 2026

Vilnius and LTG Group have renewed their agreement on the development of the Connect II district.

The Vilnius City Council and LTG Group have extended their memorandum of intent for the development of the Connect II (Grįžratis) site, a former freight yard covering approximately 42 hectares in the city center. As part of the agreement, the city will hold an international competition to develop an urban development concept for the area, which will form the basis for its subsequent transformation. The site, located at the junction of the Naujininkai and Naujamiestis districts, has served an important industrial function for decades and played a significant role in the capital’s economy.