Container Shipping News

State port authorities in Georgia and Virginia want US federal maritime regulators to allow them to work together.

The cost of a barrel of crude oil is projected to rise nearly a third in 2017 compared with 2016.

The recovery of short-term trans-Pacific rates “has happened already for quite some months.”

Trans-Pacific ocean carriers’ newfound discipline on capacity could yield higher rates from shippers in the coming year — if they don’t fold under the pressure.

The largest pain point yet to resolve in refrigerated shipping is the lack of data and transparency in managing the end-to-end cold chain, the former head of Maersk Line's reefer business says.

This development could signal that carriers will exert more discipline than last year as they negotiate service contracts.

Eimskip says more acquisitions are on the way in 2017.

Barge routes have had varied success around the United States.

“For a fourth year in a row, we recorded an improvement in operating profit.”

New infrastructure is expected to be in place by 2021.

After recording seven straight weeks of declines, spot rates on the China-Europe route have increased.

APL product aims at shippers with day-definite intermodal shipment needs.

The Ocean Alliance appears to have filled in the missing pieces of its network schedule, releasing the full port rotation and terminal call details.

Shipping cargo across borders, especially into developing countries, is expected to be easier with the adoption of the WTO's new 110-member trade facilitation deal.

Matson's premium China-Long Beach service should be a bright spot in 2017.

“Studies estimate that the TFA will cut the average cost of exporting by some 14 percent."

Just over a month remains until the new alliances go live.

The New York Stock Exchange-listed company’s operating revenue shrank by almost $70 million.

An unfamiliar mood of optimism appears to have entered the container shipping industry, a feeling that has been absent for years.

Eimskip said it has 15 working days to reply to the preliminary objection.

Hutchison Port Holdings Trust CEO Gerry Yim tells JOC.com how the launching of new alliances will impact the core facilities of his company.

Container lines are preparing March 1 rate hikes in anticipation of improving demand into the second quarter.

The lack of detail in the schedules of the two mega-carrier alliances launching on April 1 is causing “planning headaches."

Retailers and large direct importers urge restraint in interpreting the January import numbers.

The legal salvo is the latest sign of how Hanjin containers continue to disrupt the global container shipping market.

Spot rates in eastbound Pacific dropping during post-Chinese New Year lull, but not as steeply as last year.

Spot rates on the Shanghai-Europe trade have fallen for the seventh straight week.

"A container shortage is possible."

The move furthers the South Korean carrier’s efforts to generate cost-reducing synergies.

A senior source close the matter told JOC.com that the government of Hong Kong had made its concerns known over such changes to Beijing.

Even though container volumes grew 4 percent in the fourth quarter of 2016, this did not lead to a corresponding increase in demand for container ships.

The national carrier returned to profitability in the third fiscal quarter.

Signs of a container shortage are emerging with leasing companies reluctant to place orders for new containers until they get their Hanjin leased boxes back, and up to 40 percent of those units have yet to be recovered.

Spot rates in eastbound Pacific drop marginally in the second week of the Lunar New Year.

The days when the largest, so-called premier carriers booked directly with beneficial cargo owners are over.

Hyundai Merchant Marine in 2016 reduced its financial losses 99.3 percent.

Shreyas Shipping & Logistics is adding more vessels to its fleet.

Shippers hope the next negotiations go more smoothly than those in 2012 and 2013.

Maersk Line and MSC have expanded their Asia-North Europe and trans-Pacific services to accommodate the volumes from a slot deal signed with HMM and Hamburg Süd.

Problems are inevitable any time the normal routine is disrupted at a marine terminal.