Container lines

Maersk Line on Tuesday announced a general rate increase on eastbound dry cargo it carries from North Europe and the Mediterranean to the Middle East and South Asia.

The popular PierPass program giving shippers incentives to move cargo at off-peak hours through Southern California ports may no longer be justified because of reduced cargo volumes, the U.S.

A senior executive at container ship operator NYK Line said Monday the carrier is seeing stronger trans-Pacific demand than expected at the start of the year but will wait several weeks before decidin

Crowley Maritime is swapping the jobs of its senior management team.

OOCL on Monday christened its newest vessel, the OOCL Seoul, the 14th SX vessel in OOCL’s line of 16 SX class vessels with capacities of 8,063 20-foot units that it has ordered from Samsung Heav

Shipping lines in eastbound Pacific lanes are recovering from their worst losses ever through a series of small, staggered rate increases, a new policy aimed at gradually returning the industry

What’s the TEU capacity of the biggest container ships? It depends on who’s counting and which measuring stick is used.

If there’s a constant theme in freight transportation’s evolution in recent times, it’s that bigger is better.

Prosecutors in the U.S. Attorney's Office for Western Washington charged a clerk for Maersk with stealing more than $250,000 from the company by means of a long-running wire fraud.

Seaspan on Jan. 8 took delivery of its latest containership. The MOL Empire from Hyundai Heavy Industries has a capacity of 5,100 20-foot equivalent units.

With the holidays come and gone, international shippers and ocean carriers are asking whether the rate hikes carriers got last fall on their Asia-Europe and trans-Atlantic services will hold through t

Never mind the market trends, there’s one reason shipping, rail and trucking executives may be looking at this year with optimism for freight volume and even some measure of profitability.

Although container freight rates are on the rebound on many routes, this does not mean the ocean container shipping industry will recover any time soon, and many carriers may run out of money before a

Hanjin Shipping and United Arab Shipping Co. plan to launch a joint service between Spain and West Africa on March 1, the South Korean carrier said Thursday.

Evergreen Line on Thursday announced another rate increase on all westbound cargo moving from the Far East, Japan and the Indian subcontinent to Europe and the Mediterranean.

Container traffic in the port of Amsterdam crashed by more than half in 2009 compared with the previous year as the port lost two of its three deep-sea liner services to neighboring Rotterdam.

Mitsui O.S.K. Lines Ltd. increased its stake in breakbulk operator Gearbulk Holding Ltd. from 40 percent to 49 percent.

The new board of directors of CMA CGM will meet for the first time on Jan.

Container traffic moving through West Coast ports increased 3 percent in November compared to November 2008, marking the first monthly year-over-year increase in 2009.

Hanjin Heavy Industries and Construction, Korea’s fifth-largest shipyard, plans to cut its shipbuilding workforce by at least 30 percent to help overcome a management crisis arising from a world

The active capacity of the world's 20 largest ocean container carriers shrunk by 2.4 percent over the past year, but there was relatively little change in their global market shares.

Horizon Lines said it switched terminals in Oakland to the terminal operated by Ports America to handle cargo moving through Oakland between the U.S. mainland, Hawaii, Guam and Micronesia.

New orders at Hyundai Heavy Industries fell 61 percent in 2009. The world’s largest shipbuilder forecasts lingering effects from containership overcapacity through this year.

Maersk Line announced Monday it will implement a general rate increase on westbound dry cargo moving from South Asia and the Middle East to destinations in North Europe and the Mediterranean.

Hamburg Sud said Monday it will apply a general rate increase to all containerized cargo moving from the United States and Canada to Europe as of Feb. 15.

Ship owners and managers and others in the industry launched a new trade association at the Baltic Exchange in London on Monday with a broad mandate to represent and promote the health and medical int

CMA CGM’s new $500 million line of credit will buy the company time to rebuild its finances, but the world’s third-largest container line already is reconstructing its business.

Cynicism is growing among many shippers besieged with notices of freight rate increases that note ocean carriers are seeking to maintain services.

A.P.

Japanese carrier NYK Line opened its own agency office at Hyderabad, a major inland cargo location in the southern state of Andhra Pradesh, India.

Hamburg-Sud booked what it called a "small" loss in 2009 as revenue and cargo volume declined by double digit percentages, the chief executive of Germany's second largest ocean carrier said.

Hanjin Shipping on Dec. 23 added a “carbon calculator” to its Web site to let customers know the amount of emissions generated by their cargo for any given transportation segment.

The container ship charter market is ending the year close to record lows with ocean carriers' demand for hired vessels weakening as cargo volumes shrink to seasonal lows on key east-west liner trade

Financially troubled CMA CGM returned to profitability on its operations between Asia and North Europe in October and expects overall operations to show operating profits in November and December.

The spot rate for shipping a 40-foot container from Hong Kong to Los Angeles stood at $1,268 last week for the third straight week, according to an index published by London-based Drewry Shipping Cons

The world’s top 22 ocean container carriers lost some $11 billion in the first nine months of the year and face further losses in 2010 as the industry digs out from the worst downturn in its 50-

A week after most large trans-Pacific container carriers sought an “emergency” increase in U.S.

Zim Integrated Shipping Services held a naming ceremony for the Zim Colombo, a newly built 4,255-TEU vessel, at the state-owned Jaya Container Terminal in Colombo, Sri Lanka.

APL next year will become the first ocean carrier at the Port of Oakland to operate vessels at berth from shore-side electrical power.

Orient Overseas Container Line will introduce new Asia-Europe services in January.