Container lines

French container carrier CMA CGM is seeking a further rate increase on freight from the East Coast of South America to Mediterranean, Persian Gulf and North European ports.

Mediterranean Shipping Company will seek a rate increase on the westbound trades from India to Europe, as part of a new rate restoration program.

Maersk Line plans to start a new dedicated feeder service between Jebel Ali in the United Arab Emirates and Umm Qasr in southern Iraq in November.

German container shipowners, who control a third of the world box ship fleet, are facing increasing financial difficulties and the threat of bankruptcy as charter rates test fresh lows with the end of

Japan’s three largest shipping lines, NYK Line, MOL and “K” Line, on Tuesday reported losses for the first half of their fiscal years ended Sept.

Maersk said more than 700 truckers in the Northeast and Ohio Valley have signed up for a subsidiary’s new program that charges motor carriers $11 a day for unrestricted use of intermodal chassis

Trans-Pacific shipping rates are rising, but not high or fast enough for ocean carriers, says Wei Jiafu, president and CEO of China Ocean Shipping Co.

European Union anti-trust regulators launched an in-depth probe of a $20 billion German state aid package for HSH Nordbank, the world's top shipping bank.

Horizon Lines earned a profit of $8.4 million in its fiscal third quarter ended Sept. 20, down 24.3 percent from $11.1 million in the same period last year.

A.P. Moller-Maersk launched on Friday an issue of euro bonds to refinance its bank debt and provide a fund for potential acquisitions.

An MOL executive said its container unit may be unprofitable for two more years as rising global capacity and slowing world trade damps rates.

Evergreen Line and CSAV Norasia entered a slot-swap arrangement in the Asia-Mediterranean-Black Sea trades, effective in early November.

A.P.

APL, which already participates in two new services from Vietnam launched in June, plans to start a third at the end of October that will connect Vietnamese and Thai manufacturing centers with Japan,

The U.S. Supreme Court on Tuesday agreed to hear a case that should clarify what laws apply when international shipments are damaged in transit within the United States.

SHENZHEN, CHINA -- The president of container line APL said despite recent growth in volume and rates, the ocean carrier industry faces far-reaching structural change unless shipping demand turns upwa

Evergreen Line on Wednesday announced rate increases on the westbound trade from the Far East and the Indian Sub-Continent to Europe and the Mediterranean.

Evergreen Line said Tuesday that while it plans to order 100 new ships at some point, it has no plans to place the orders in 2010.

The officers and crew of the Maersk Alabama, who fought off a pirate attack earlier this year, will be presented with an Honored Seafarers plaque at the 40th annual United Seamen's Service Admiral of

Hyundai Merchant Marine will increase freight rates for the trade moving on its services from China to India and Pakistan.

Maersk Line and the three carriers that belong to the New World Alliance, APL, Hyundai Merchant Marine and MOL, on Tuesday said they will cut the capacity and services they share on the trans-Atlantic

Israeli ocean carrier Zim Integrated Shipping Services said it is close to getting final approval for a financial restructuring.

OOCL’s third-quarter revenue fell 42.3 percent to $948.9 million as its container volume dropped by 16.7 percent from the same quarter last year, the Hong Kong-based carrier said Tuesday.

CMA CGM wants to delay the delivery of 49 ships it has ordered and is scheduled to receive within the next three years, its CEO Rodolphe Saade said Monday.

Evergreen Line, which is one of the few container lines that has refrained from ordering new ships in recent years, plans to order 100 container ships in 2010 to expand its fleet to nearly 300, the co

The Port of Corpus Christi’s long-delayed plan to build a container terminal on a 1,100-acre tract of land called the La Quinta Trade Gateway is being resuscitated as part of a multi-phase, mixed-use

Pat Moffett, vice president of global logistics at Audiovox, has been through this routine before.

Orient Overseas Container Line is launching two rounds of rate increases for intra-Asia cargo. The first applies to dry cargo from Hong Kong, Macau and South China bound for Japan starting Oct. 26.

CMA CGM added a call at Saigon Premier Container Terminal beginning Friday, Oct. 16 on its FAS Vietnam service.

Pirates in the Indian Ocean hijacked a Singapore-flag container ship some 300 nautical miles north of the Seychelles, signaling a resurgence in attacks on ships using trade lanes near the coast of Som

Maersk Line, the world’s largest ocean container carrier, is expanding its service in the breakbulk and out-of-gauge equipment market.

Containership charter rates are testing fresh lows, and hire periods are shrinking rapidly as ocean carriers rein in leased box capacity in a bid to narrow the huge supply/demand gap.

Ocean carriers in the Puerto Rico domestic trade anticipate business as usual on Thursday despite a call by labor unions for a one-day general strike on the island.

Evergreen Line and CMA CGM will implement rate increases in the Europe, Mediterranean trades to and from the Far East and Indian sub-continent.

Marine terminals at the ports of Apia and Pago Pago, Samoa, are fully operational following the devastating earthquake and tsunami that struck the island two weeks ago, Hamburg Sud reported.

Evergreen Marine Corp. and China Shipping Container Line on Wednesday will launch a joint weekly service linking ports in Asia with the Pacific Northwest.

CMA CGM is piloting INTTRA's Web-based eInvoice software with select customers in North America. The system helps carriers and customers to submit, receive, review and process invoices.

Mediterranean Shipping Co. will increase rates on westbound cargo from the United States to Asia, effective Nov. 16.

The UK Treasury on Oct.

Neptune Orient Lines reported its first year-over-year expansion in ocean container volume in a year Monday in a report that showed the operator’s strongest demand for shipping so far in 2009.