Container lines

Matson Logistics has opened a new distribution center in Savannah, Ga.

Eos Risk Management has launched a maritime security service in West Africa to protect commercial ships on their way through the Gulf of Guinea, which has been designated as a high risk area for piracy.

Japan’s exports to the United States rose for the first time in two months in January on a year-on-year basis, surging 10.9 percent to $9.03 billion, according to preliminary figures released by the Finance Ministry on Wednesday.

Quest Navigation has leased a ship in anticipation of restarting ferry service between Portland, Maine, and Yarmouth, Nova Scotia, and could, if awarded the contract, begin offering ferry service as early as...

NYK Line will increase rates for dry cargo on its trans-Atlantic trade, effective March 21.

Mediterranean Shipping Co., will increase rates on all southbound cargo from Europe and the Mediterranean to Australia and New Zealand, effective April 1.

CMA CGM will hike rates for dry and refrigerated cargo on its trade from India and Pakistan to the U.S. East Coast, starting March 15.

Eimskip will open a new office in Gdynia, Poland, on March 1.

Hamburg Sud and Alianca Navegacao will increase rates for all cargoes from North Europe and the U.K. to South America’s east coast, effective April 1.

Hapag-Lloyd will hike rates for all cargo and container types on its trade from North America to Latin America, effective April 1.

Box Ships today reported profit in the fourth quarter of 2012 was $2.9 million, dropping 48 percent from $5.6 million in the fourth quarter of 2011.

Diana Containerships reported profit in the fourth quarter of 2012 was $0.3 million, falling from $1.3 million in the fourth quarter of 2011.

U.S. goods exports to Hong Kong have been increasing in recent years, said Donald Tong, Hong Kong Commissioner for Economic and Trade Affairs, at a reception...

CMA CGM will hike rates on its trade from northern Europe to India and Pakistan, effective March 3.

Combined export value of U.S. poultry meat and eggs reached a record $5.7 billion in 2012, a 12 percent increase from 2011...

The Canadian Transportation Agency has appointed Sam Barone as vice chair for a five-year term, according to Denis Lebel, Canada’s Minister of Transport, Infrastructure and Communities.

Hapag-Lloyd has announced rate increases and surcharges that will become effective March and April.

Hapag-Lloyd will increase rates on its trade from the Indian subcontinent (Pakistan, Bangladesh, Sri Lanka and the Maldives) to the U.S. and Canada, effective March 15.

Singapore-based Pacific International Lines is expanding its Africa-Middle East-India Service with a weekly call at India’s Port of Hazira.

Sino-Global Shipping America reported a net loss of $564,854 in the second quarter of fiscal year 2013, ending Dec. 31, 2012, improving from a net loss of $827,385 in the same quarter in the previous fiscal year.

U.S. poultry exporters face a litany of challenges this year: Record feed grain prices; import quotas and an ever-shifting regulatory regime in Russia; and tariffs and countervailing duties totaling 104 percent in China.

CrowleyFresh, a cold-chain warehouse and logistics service jointly offered by Crowley Maritime and its subsidiary Customized Brokers, recently stored 110 pallets of fresh Colombian roses in advance of Valentine's Day.

Icelandic shipping company Eimskip has signed a contract with Maine Port Authority to begin new container service operations out of the recently renovated International Marine Terminal...

Shri Anand Sharma, India’s Union Minister for Commerce, Industry and Textiles, has released a task group report that aims to make India an international trading hub for rough diamonds.

Maersk Line has suspended its Asia-Europe service until April 2013, in view of declining demand.

German ocean carrier Hapag-Lloyd will increase rates by $500 per 20-foot-equivalent unit on its trade route from East Asia to Mexico and the west coasts of Central America and South America...

Liu Hanbo, president of Cosco Americas, has announced two appointments within management of both Cosco Container Lines Americas and its parent company Cosco Americas.

Last year’s drought in the Midwest, the worst since 1956, slowed U.S. agricultural exports, but the farm sector in 2012 still was on pace to set a second consecutive record in terms of total value of exports.

Danaos booked a $129.6 million impairment loss on 13 older container ships which are laid-up or on short term charter in the fourth quarter of 2012, but the Greek shipowner closed the year with sharply higher operating revenues.

CMA CGM announced today it has finalized a debt restructuring agreement with its banks that will stabilize its financial position and ease the way to an initial public offering of the world’s third-largest ocean container carrier.