Article source
Bloomberg Businessweek
Article date
Mon, Sep 2, 2013
Hamburg is emerging as the biggest European beneficiary of Russia’s entry into the World Trade Organization, which is spurring feeder services from Germany’s largest port and cementing its status as a container transfer hub between Asia and the Baltic Sea.
Hapag-Lloyd AG, Cosco Container Lines and Unifeeder AS are among shipping lines that have increased feeder services from Hamburg since the start of the year. That contributed to an 8 percent rise in the movement of standard 20-foot containers, or TEUs, between the German port and Russia in the first six months, according to Port of Hamburg Marketing.