Container lines

The columns of red and black numbers in the rankings of the Top 40 Container Lines by volume reflect the tenuous recovery from the deep downturn in trade that hit carriers so hard in 2009.

Retired executive Ronald P. Schley, a veteran of 33 years in the shipping industry, died March 14 in Sparks, Nev., after a lengthy illness. He was 72.

Several German shipping lines suspended calls at eastern Japanese ports, including Tokyo, because of fears crews could be exposed to radiation from the damaged

Hanjin Shipping said it took delivery of the second of a series of five container ships with capacities of 10,000 20-foot equivalent units.

The spot index for shipping containers from Shanghai to Europe slipped below $1,000 per 20-foot equivalent unit this week for the first time since March 2009 as fears of vessel overcapacity pervaded t

Maersk Line announced Thursday it will reduce ship calls to Hong Kong by up to a third starting in April, with Modern Terminals' Container 9 taking the brunt of one of the biggest shifts in years.

U.S. Customs and Border Protection cleared goods arriving on an APL ship from Japan this week, the first shipment of containerized cargo from post-earthquake Japan.

The chairman of Evergreen Group, Chang Yung-fa, donated $12.35 million of his personal fortune on Wednesday to help Japan with its post-disaster reconstruction.

Maersk Line next week will celebrate the fifth anniversary of its switch from high-sulfur bunker fuel to low-sulfur distillate fuel in its vessels calling at California ports.

OOCL ordered six new ships Wednesday, each with capacities of 13,000 20-foot-equivalent units.

Cosco Pacific, the terminal-operating arm of China Cosco Holdings, said it may put some operations in a business trust following Hutchison Port Holdings Trust's trading debut on the Singapore Stock Ex

Middle East carrier United Arab Shipping Company announced a "war risk surcharge" on all cargo moving to and from ports in Lib

The public listing of shares in German ocean carrier Hapag-Lloyd has been delayed due to market volatility.

Ship Finance International on Tuesday revealed details of its reported agreement to buy two container ships

The NYK Group said Tuesday it will offer free international transportation of relief supplies to the Tohoku and Kanto regions of Japan, which were struck March 11 by a

Maersk Line announced a steep increase in emergency risk surcharges imposed earlier on containers moving via ports in the Indian Ocean Islands and East Africa, starting April 1.

CSAV swung to a full-year profit of $170.8 million in 2010 from a loss of $656.4 million in 2009.

The three member carriers of the Grand Alliance are adding a direct Vietnam call at the Cai Mep deepwater port in Vung Tau on Loop D of their Asia-Europe service starting on March 30.

South Korean shipbuilder Hyundai Heavy Industries said Monday that it had won a $711 million order to build six container ships for Hamburg Sud.

The six carrier members of the Caribbean Shipowners Association said they are reducing the size of their upcoming bunker increase on March 27 by $30 per 20-foot equivalent unit.

Ship Finance International, which owns and operates ships for charter to liner companies, said it would acquire two container vessels from French container shipping company CMA CGM for $342 million.

Crowley Maritime and Seaboard Marine, members of the Florida-Bahamas Shipowners & Operators Association, on Friday announced a two-step increase in bunker surcharges, to take effect on April 17 and Ma

Horizon Lines is scrambling to contain the damage from its guilty plea and $45 million fine for fixing rates on containerized cargo shipments between the U.S. mainland and Puerto Rico.

Still smarting from the shortage of vessel space that delayed shipments a year ago, importers and exporters are demanding more service guarantees in trans-Pacific contracts.

Shippers and carriers attending the TSA meeting in Long Beach disagree about the level of bunker surcharges.

Alexander & Baldwin warned Friday that the recent surge in global fuel prices stemming from u

Some ocean carriers eliminated stops at the Tokyo and Nagoya ports and other ocean carriers added cargo restrictions and changed ship routings around Japan as the country struggled with badly damaged

Sea Star Line ordered 100 new 53-foot cargo containers for use at its Jacksonville and Philadelphia ports.

In an expansion of its intra-Asia regional network, Evergreen Line is launching a weekly service called the Japan-Taiwan-South China Sea service from March 17.

The new chairman of Chile's CSAV warned of "negative results" for the first quarter and said the company will seek a $500 million capital increase and to sell up to 49 percent of the company's ports a

Maersk Line ships will not enter or pass through an offshore area close to an overheating nuclear plant in Japan, the Danish carrier said Thursday.

Zim Integrated Shipping Services will seek a general rate increase on the westbound trades from India to Europe and the Mediterranean, the second GRI this year.

CMA CGM said a containership stormed by Israeli commandos on March 15 and searched for weapons was the "v

Three Asian container lines formally opened a container terminal Wednesday in Cai Mep, the port that serves Vietnam’s industrial heartland.

Japan's Mitsui OSK Lines and Taiwan's EVA Air began bringing rescue workers into areas of Japan devastated by the earthquake and tsunami a

Frank Larkin rejoined Crowley Maritime as vice president of sales and customer care for the company's liner services and logistics groups.

Israeli commandos March 15 boarded a CMA CGM chartered container ship bound for Egypt allegedly carrying weapons for militant groups in the Gaza Strip.

Shipping lines suspended service to three Japanese ports that were hit by Friday's tsunami but continue to serve six other ports where rol

UPDATED 4:34 PM GMT

Orient Overseas Container Line reported a profit of $841.6 million last year, after a loss of $376.9 million in 2009 and said it expects supply and demand to be near balance this year.