Forwarding

Containership owner Seaspan defied the global downturn by earning a first quarter profit of $24.2 million, compared with a loss of $7.7 million in the same quarter last year as revenue from chartering

Importers and exporters are facing risk of cargo losses or delays during the current global recession because of the increasing possibility of cargo theft, failure of their transport and/or logistics

Idled ocean container capacity increased slightly in the past two weeks, reversing an earlier decline, the first in seven months, as ocean carriers return an increasing number of chartered vessels as

MOL’s full-year profit dropped by a third in its fiscal year ended March 31 even though its total revenue declined by only 4.1 percent.

Gen. David Petraeus told a congressional committee that ocean cargo carriers should consider putting armed guards on ships traveling through pirate-infested waters off the coast of Africa.

A weekly container service linking Southeast Asia with the east coast of North America, starting on May 3, brings new traffic to the struggling Port of Halifax, Nova Scotia.

Rickmers Maritime (Trust) posted a first-quarter profit of $11.04 million, an increase of 32 percent from the $8.39 million it earned in the same quarter of 2008, on a hefty increase in revenue from c

Local agents of container lines calling at India’s Port of Jawaharlal Nehru called on Container Corp., the state-owned intermodal logistics provider, to speed evacuation of inland containers in

Complying with the PortCheck and PierPass programs in Los Angeles-Long Beach is a cumbersome task that is motivating shippers and freight intermediaries to look to other gateways for their discretiona

Hamburg Süd boosted 2008 revenue 24 percent by means of a 25 percent increase in container volume.

Neptune Orient Lines said today it expects to report a net loss of US$240 million for the first quarter of 2009, ended March 31 when it issues its final results on May 12.

The Port of Long Beach saw improvement in its slumping container traffic in March but loaded boxes at the port still fell 22.2 percent from the same month last year.

Import cargo volume at the nation’s major retail container ports hit its lowest level in seven years in February as the number of containers dropped below 1 million for the first time in half a

Japanese export ship orders sank at their fastest pace in 16 years in fiscal 2008, which ended on March 31, as the global economic crisis that erupted last autumn dampened ship owners' demand for new

A.P.

Idled ocean container capacity fell for the first time in six months as carriers re-activated larger vessels amid a seasonal increase in cargo volume, but the jobless figures likely will surge again l

The docks that make up port cargo terminals, where millions of steel containers full of freight are transferred from ships to the shore or the other way around, are normally a death-defying place to b

The Long Beach Board of Harbor Commissioners on Monday unanimously approved an exhaustive environmental study, paving the way for the port’s first major capital improvement project in more than

Hyundai Merchant Marine will add two container cranes in May at their Washington United Terminals in Tacoma.

The number of foreign trade containers handled by the Port of Tokyo fell for the first time in three months in November last year on a year-on-year basis, edging down 1.1 percent to 313,559 TEUs.

When Robin Silvester left Canada four years ago for a leadership position at P&O Ports, Port Metro Vancouver was in the midst of a surge in business from an Asia export boom that fed the Pacific N

Some believe the housing sector that led the world into the economic slump may help lead the economy to recovery.

It’s tough for George Adams, president of SA Recycling in Anaheim, Calif., to see much good about the global trading economy when scrap steel exports are down 30 percent this year.

LONDON — The Rotterdam Port Authority’s income rose 32 percent in 2008 from a year ago on higher harbor dues as cargo traffic in Europe’s biggest container port hit an all time high.

LONDON — The containership order book is down to an 18-month-low, but ocean carriers and charter owners face rising overcapacity with shipyards poised to deliver hundreds of big vessels in the n

Hoping to prevent further deterioration in ocean freight rates, shipping lines in the eastbound Pacific are attempting to scrap the spot rates that have crept into service contracts and to establish a

The Port of Long Beach honored 14 shipping lines that led the industry in reducing their vessel speed within 20 miles of the coast in order to reduce harmful diesel emissions.

The four Somali pirates who seized and then lost control of the Maersk Alabama continued to hold its skipper, Capt.

The Port of Jacksonville handled 656,805 vehicles during fiscal year 2008, a seven percent increase from FY 2007, making it the nation’s second busiest vehicle-handling port after New York/New J

The Maersk Alabama was heading to its original destination port of Mombasa, Kenya, a day after it was hijacked off Somalia's coast, CNN reported Thursday, quoting

Container traffic in Rotterdam plunged 16 percent in the first quarter of 2009 from a year ago as the global economic downturn impacted all liner services to Europe's biggest box port.

A U.S. Navy destroyer, the USS Bainbridge, was in position near the lifeboat believed to be carrying the pirates and their hostage Capt. Richard Phillips.

The captain of the Maersk Alabama, the U.S.-flag, Danish-owned container ship that was hijacked in the Indian Ocean early Wednesday morning and then retaken by its American crew, is still being held h

The American crew of the hijacked Maersk Alabama retook the containership Wednesday from the Somali pirates who seized it earlier in the day far off the Horn of Africa, Pentagon officials said.

Cargotec subsidiary MacGREGOR provided a vehicle access outfit for a new Channel cruiseferry and won a separate contract in Japan to fit the first complete set of electrically-driven roll-on, roll-off

Maersk Line, pressing its effort to boost depressed ocean rates, announced price increases Tuesday for eastbound freight service from Northern Europe, North Africa and Mediterranean to the Middle East

Zim Integrated Shipping Services swung to a $322 million loss in 2008 from a year-earlier profit of $23 million on higher fuel bills, a write off for reduced ship values and reduced fourth quarter car

Terex agreed to a new deal to acquire the port equipment business of Italy's Fantuzzi Industries.

A lot has changed at South American ports in the few months since the global recession struck.

A lot has changed at South American ports in the few months since the global recession struck.