Forwarding

At least one South Korean shipbuilder is getting hit by the cancellation of orders by CMA CGM, and others are fending off cancellations by the troubled French container line, which can't pay for the o

The spot rate for shipping a 40-foot container from Hong to Los Angeles jumped 17.9 percent in the week ended Jan.18 compared to the week earlier as U.S.

The Industrial Echo, fourth in a series of four heavy-lift newbuildings, was delivered to Intermarine this month in Portugal.

The Chinese-Polish joint stock shipping company Chipolbrok took delivery in November and named the vessel Adam Asnyk in the port of Dalian, China.

The container volume handled by the Port of Antwerp in 2009 fell by 15.6 percent to 7,309,639 million 20-foot units, mirroring the decline in box volumes at all northern European ports.

The number of ships passing through the Panama Canal increased by 2 percent in the first quarter of the Panama Canal Authority’s fiscal year, ended Dec. 31.

FESCO Logistics increased its monthly breakbulk service out of Everett, Wash., by adding fortnightly departures from Seattle and Vancouver, B.C.

Container traffic moving through India’s major ports fell 1.5 percent during the April-December period, the first nine months of fiscal 2009-10, compared with a year earlier, the Indian Ports As

Exports of U.S. steel fell off nearly 5 percent to 935,335 tons from October to November, according to the American Institute for International Steel.

Beluga Shipping took delivery of the first of 16 new 20,000 deadweight-ton ice-class P-series vessels, the Beluga Houston.

Maersk plans to expand its Direct ChassisLink program throughout the Midwest and the Ohio Valley as of March 1.

French dockworker leaders set a mid-February deadline for the government to respond to their demands for more waterfront jobs or face further industrial action.

Hanjin Shipping plans to raise trans-Atlantic rates in both directions in three quarterly increases on April 1, July 1 and Oct. 1, the carrier announced Monday.

Maersk Line’s AE7 Asia - Europe service Jan. 13 called at the Port of Felixstowe in the UK.

The head of Southern California’s PierPass, rejecting suggestions the marine terminal program is too costly to operate with the downturn in container volume, says the terminals will continue to offer

The Transpacific Stabilization Agreement is adding another member and changing its governance and management structure to better deal with what carriers say are insufficient trans-Pacific freigh

Ocean carriers’ service cutbacks are forcing shippers to book further in advance and pay higher rates to keep their containers from being left on the dock.

Global trade is recovering as the major industrialized countries slowly climb out of recession. U.S. imports are increasing after months of declines.

Crowley Liner Services has agreed to an undisclosed settlement with shippers who filed civil antitrust lawsuits against carriers in the wake of a federal investigation into price-fixing in the U.S.

Average global container shipping rates expanded year-over-year in late 2009 for the first time since mid-2008, according to a new report by Drewry Shipping Consultants.

U.S. importers said emergency rate increases the ocean carrier members of the Transpacific Stabilization Agreement are putting into effect this month are taking hold across the board.

European Union competition regulators are investigating a controversial plan by German ship owners to share the costs of laying up small container vessels.

When a turbine blew out on one of the three multipurpose vessels Expeditors International of Washington chartered to carry project cargo to South Africa, David Steinbach had to scramble.

South American trade integration has been dogged by distrust, but never as much as now.

Intent on reducing carbon emissions and meeting a 2020 deadline for generating 15 percent of its energy needs through renewable sources, the British government is parceling out the right to develop ab

For steel traders, the times are undeniably bad. When asked to describe the market for steel, a Houston steel trader put things this way: “I have just two words: It sucks.”

Forwarders and heavy-lift carriers are jockeying for position as Australia moves ahead with development of its enormous offshore natural gas resources, endeavors that will require massive amounts of p

The rest of the world may be taking a deep breath and daring to hope the recession is ending, but for Australia, the key words seem to be full speed ahead.

A thousand hours of welding to make Chinese-sourced wind components usable? Diverting cargo to Singapore to replace factory coverings not tough enough for a sea voyage?

After a period of booming speculation, the Asian market for oil- and gas-related project cargo was smacked down by the recession.

As China goes, so goes Asia.

The centrifugal force of Chinese demand and development along with a slow but strengthening economic recovery, underpinned by rising energy prices, are the currents affecting project cargo carri

Braemar Shipping Services, the London-based shipbroker and consultant, said Friday its business has been improving in the period since August as most of the world’s major economies have begun to

Dry bulk carrier Diana Shipping will pay $50 million for a stake in a new company that will invest in and operate containerships over the next 12 to 18 months.

Singapore-based heavy-lift crane specialist Hiap Tong signed a joint venture agreement with the Chinese firm Inner Mongolia Wulanchabu An Da Heavy Lift and Transport.

Local agents of container lines serving Mumbai strongly protested a planned 30 percent increase in tariffs.

Hanjin Shipping said it will begin slow-steaming vessels on one of its all-water services from Asia to the U.S. East Coast in mid-January.

State-owned Shipping Corporation of India will implement a general rate increase on the trade from India to Europe, effective Feb. 4.

Hamburg Sud late Thursday christened the final new ship in a series of six identical container vessels of 5,900 20-foot equivalent units capacity each in Montevideo, Uruguay.

Containerized exports in Southern California soared in December, increasing 40.2 percent over December 2008 at the Port of Los Angeles and 30.9 percent at the Port of Long Beach.