Container lines

OOCL plans to stop providing chassis on Sept. 1 at six additional port and inland locations in the East and Midwest, including the Port of Charleston, S.C.

A.P.

CMA CGM will launch of a new service this month connecting Asia, the Fiji Islands and New Zealand effective July 18.

Smaller vessel operators could be forced out of Asia-Europe container trade lanes as the deployment of ultra-large container ships puts more pressure on freight rates and the bottom line, according to

Hyundai Merchant Marine will raise rates southbound container shipments from the U.S. to the East Coast of South America effective Aug. 1.

Swedish shipowner Wallenius Wilhelmsen Lines is placing armed guards to protect its vessels from attack by Somalia-based pirates in the Gulf of Aden.

Drewry Maritime Research is forecasting average east-west ocean freight rates will fall 20.8 percent this year from 2010 as the addition of ship capacity outpaces growth in demand.

CSAV is suspending its service between Asia and the Mediterranean amid sharply declining rates on Asia-Europe trade lanes.

United Arab Shipping Company opened its own shipping agency in Pakistan in a joint venture with its erstwhile third party agent, Delta Shipping.

Despite signs of a cyclical slump in container shipping, a bull market is developing for construction of large, fuel-efficient ships.

For ocean carriers, the disquieting chatter began in early spring. All the new capacity they had delayed taking delivery of during the 2008-09 recession was coming due.

Audiovox Electronics’ Pat Moffett is willing to stand behind his commitment to deliver cargo to his carrier in time to fill the slot he’s reserved.

One reason Seaspan chose Chinese shipyards to build its next generation of big ships was that South Korean shipbuilders were slow to offer more fuel-efficient designs.

NYK Line is extending its plan to phase out chassis services, dropping the equipment provision in Oakland and Minneapolis for import and export merchant haulage bills of lading.

Maersk Line North America named Gordon Dorsey vice president of global contract execution for U.S. military and government cargo services, effective July 1.

Hanjin Shipping and Emirates Shipping plan to swap slots on two of their intra-Asian services in July.

Horizon Lines struck a settlement with home improvement retailer Home Depot that will release Horizon from antitrust claims for price-fixing in the Puerto Rico shipping trade.

Two years ago the U.S. adopted international standards for regulating exhaust emissions from ships.

Ocean carriers are unlikely to achieve planned freight rate hikes on the Asia-Europe route this week because they have failed to rein in excess capacity, according to Alphaliner.

Somalia pardoned six foreigners jailed for illegally bringing $3.6 million into the country to pay ransom for two ships seized by Somali pirates.

Maersk Line signed a contract Monday for another 10 18,000 20-foot equivalent units containerships for the Asia-Europe trade, just four months after placing an initial $1.9 billion order for 10 of the

Neptune Orient Lines confirmed Monday contracts with two Korean shipyeards to build 12 container vessels, including 10 of its largest and most efficient vessels.

Container volume at APL rose 7 percent in the four weeks ending June 3 over the same period last year, but parent Neptune Orient Lines said average revenue per container fell 8 percent in a weak envir

When Maersk Line CEO Eivind Kolding this month issued his provocative call for radical changes in the way the global container industry operates, one of his three main points was the need for containe

Freight costs on shipments from India to West Africa will go up substantially effective July 1 following a

Ocean carriers are moving toward space and volume guarantees in agreements with shippers that include fees on both shippers and carriers if either side fails to meet the commitments spelled out in the

APL, in a strong move toward appeasing a primary concern among shippers, will introduce a new fuel surcharge formula on the trans-Pacific trade to reflect the financial impact of slow-steaming.

German charter shipowner Peter Dohle ordered eight container ships of 10,000 20-foot equivalent units capacity each with China’s Yangzijian Shipbuilding.

Emirates Shipping Line is joining the Far East-Middle East Express Service operated by Hanjin Shipping, effective early next month.

Charles I.

Shanghai – A Maersk Line executive said the carrier is seeing container shipping demand from Asia to the U.S.

The annual Admiral of the Ocean Sea Awards will be presented Oct. 28 to James L. Henry, chairman and president of the Transportation Institute; Gen. Duncan J. McNabb, commander of the U.S.

The race to order ultra large container ships as ocean carriers seek lower capital and operating costs will lead to increased rate competition as lines strive to fill their vessels, Alphaliner warned.

APL is expanding its China-India Express Service with a weekly call at India's Port of Pipavav, starting at the end of this month.

ECT, Rotterdam’s biggest container terminal operator, denied reports that ocean carrier Mediterranean Shipping Co. acquired a significant stake in its largest facility.

Horizon Lines announced a second one-week postponement of a deadline for securing bondholders’ support for a plan to refinance the debt of the largest U.S. domestic ocean carrier.

New York City’s district attorney will indict Islamic Republic of Iran Shipping Lines on Monday on charges that it is part of Iran's effort to obtain banned technology for its nuclear and missil

Somalia jailed an American, three Britons and two Kenyans for illegally bringing $3.6 million in cash into the country, allegedly to pay ransoms for two ships seized by pirates.

Eivind Kolding took a few verbal barbs after the Maersk Line CEO issued a manifesto on June 7 calling for radical changes to shipping business practices, but that hardly fazed him.

Maersk Line is forecasting double-digit growth for its Asian shipments of palm oil, sugar and rice to Africa this year as demand for food commodities surges in frontier markets, an executive said on F