Container Shipping News

California’s congressional delegation, joined by Federal Maritime Commission Chairman Mario Cordero and labor leaders, urged the federal government Sunday to assist in releasing cargo from Hanjin Shipping vessels.

As of Friday, three Hanjin ships were waiting to call the Los Angeles and Long Beach port complex, according to Marine Exchange of Southern California.

Details are emerging on how much US ports and marine terminals are charging shippers to release stranded Hanjin Shipping containers.

Maersk Line brought some clarity to fears that all the vessels in Hanjin Shipping’s fleet faced arrest by creditors.

Import warehouses are next in line as a wave of disruption caused by the sudden shutdown of Hanjin Shipping heads inland. Expect warehouses to be "inundated," a logistics executive says.

Spot freight rates on containerized imports from Asia soared this week as the Hanjin Shipping bankruptcy strengthened trends already underway in the trans-Pacific.

Shipowners seeking to recoup losses from Hanjin Shipping are taking aim at the liner’s customers through lawsuits.

Tropical Storm Hermine on Friday affected port operations from Jacksonville, Florida, to Charleston, South Carolina.

CMA CGM swung to a second-quarter net loss due to “persistently” low freight rates.

Danaos has revealed how much of its revenue was related to Korea’s ailing Hanjin Shipping.

The US Army Corps of Engineers and the Port Authority of New York and New Jersey have completed work for a depth of 50 feet.

The focus of the Hanjin Shipping fallout has shifted into the legal arena.

As widely expected, the Asia-Europe spot rate rose sharply this week with Hanjin's 100-ship fleet basically removed from the market overnight.

HMM has stepped in to plug the hole left by Hanjin vessels that are being refused entry to ports, delaying cargo delivery.

Trans-Pacific inbound container rates are soaring in the aftermath of this week’s collapse of Hanjin Shipping.

US maritime regulators are urging shippers to report any unreasonable increases in cost or decreases in service tied to the bankruptcy of Hanjin Shipping.

The Hanjin Shipping bankruptcy isn’t just delaying containerized freight shipments, it’s stranding empty containers.

Hyundai Merchant Marine plans to help shield South Korean shippers and its logistics sectors from the repercussions of Hanjin Shipping entering receivership.

CMA CGM has drawn up a contingency plan to protect customers from any fallout from the collapse of Hanjin Shipping.

Shippers woke Thursday to a nightmare scenario.

A merger between Hanjin and HMM now seems to have the backing of the state.

Some North American marine terminals have refused to work Hanjin Shipping vessels for fear they will not be compensated.

Sharp spot rate increases could take effect as soon as Thursday.

The idle container ship fleet remains above 1 million 20-foot-equivalent units and is still rising.

Debt-stricken Hanjin Shipping will file for court protection after losing the support of its banks unhappy with its restructuring efforts.

Few things spook shippers more than the potential for a ship to be arrested in port, something Hanjin has reportedly faced and may see more of as creditors come collecting.

A merger of Hanjin and HMM is in the national interest, believes the Korea Shipowners Association.

The days of multiuser container terminals could be coming to an end, according to the head of a Colombian container terminal.

Mediterranean Shipping Co. has introduced a new container service between India and Africa to “improve transit times and enhance delivery to those destinations.”

Samskip, the Icelandic shipping and logistics group, has bought Norway’s Euro Container Line.

The Korea Exchange has asked the country’s largest carrier for clarification on media reports that it has lost the support of South Korean banks.

An 11-year high tide combined with beach erosion to shut down South America’s busiest port and cast doubt on plans to dredge deeper so the port can handle larger ships.

Maersk Line launched a new feeder service to the western Chinese port city of Yibin.

Eimskip is on the acquisition trail again.

There is a glimmer of light at the end of the Hanjin tunnel as its main charterer agrees to a deal and foreign banks delay debt repayments.

Caribbean container ship operators have tried to rationalize vessel capacity, but their efforts have failed to curb the decline in rates.

Hapag-Lloyd shareholders Friday paved the way to a merger with United Arab Shipping Company and creation of the world’s fifth-largest container shipping line.

Vessels carrying peak-season imports from Asia are filling up.

Germany’s Rickmers Holding and ER Capital have dropped plans to merge their ship management operations.

Matson will build two container/roll-on, roll-off ships.