Container Shipping News

U.S. containerized imports jumped 9.7 percent to 1,562,235 20-foot-equivalent units in July, led by increases in auto parts and furniture, PIERS data show.

China Cosco Holdings posted an operating loss of 3.7 billion yuan ($579 million) for the year’s first six months. Revenue rose 1.3 percent to $6.8 billion.

In this podcast, JOC Senior Editor Joseph Bonney discusses why labor contract negotiations between the International Longshoremen's Association and United States Mariti

The volume of containers handled by the Port of Baltimore in July jumped 15.2 percent to 61,933 20-foot-equivalent units, up from 53,781 TEUs in June.

Member carriers of the Transpacific Stabilization Agreement will be adjusting their bunker charges to recoup higher costs of low-sulfur fuel used in the North American Emissions Control Area, within 2

Average spot rates in the eastbound trans-Pacific trade slumped 8.6 percent this week, the second weekly decline since carriers

DP World’s profit stalled in the first half even as Dubai’s state-owned global container terminal operator increased its world market share.

OOCL said it is delaying the delivery date of the remaining six container ships out of eight with capacities of 8,888 20-foot-equivalent units that it ordered from Hudong-Zhonghua Shipbuilding in Shan

The Greek port of Piraeus, until recently a hotbed of labor unrest, has become the star performer in Cosco Pacific’s terminal portfolio with a growth rate double that of the Hong Kong-based comp

Port and industry officials last week celebrated the shipment of the 100,000th Chrysler vehicle via the Port of Grays Harbor,

Goldenport extended the Greek container ship buying spree, taking advantage of attractive secondhand prices to buy a sub-Panamax vessel from a German KG investment fund.

Infrastructure woes at India’s Jawaharlal Nehru Container Terminal (Nhava Sheva Port) are causing lengthy delays for vessels calling at the country’s largest container gateway.

Carriers “are running out of options” for deploying large new ships on Asia-Europe routes and will face pressure to cut rates, according to a report by DVB Bank’s Research and Strate

Zim Integrated Shipping’s net loss narrowed in the second quarter from a year ago as the Israeli ocean carrier boosted traffic, raised rates and cut costs.

Hamburg Sud will start offering more slots from ports in the U.S. Gulf to the Caribbean and the east coast of Latin America through a second weekly service in that trade.

Greek container ship owner Costamare has chartered two ships, including a newly acquired vessel, to ocean carrier Evergreen.

Container volume through North European ports will remain sluggish this year as the continent’s economy struggles, Hackett Associates and the Bremen-based Institute of Shipping Economics said in

The Indian government has approved the allocation of 274 acres of land owned by the Port of Nhava Sheva (Jawaharlal Nehru) for the purpose of settling compensation packages for “project-affected

Maersk Line has sold its 51 percent stake in Ocean Africa Container Lines to its South Africa-based partner Grindrod, which owns the remainder of the carrier.

New Zealand’s Ports of Auckland blamed strike action for its slide in volume and profit in the fiscal year ending June 30.

A leading drinks association has accused Europe’s winemakers of dumping subsidized produce after a surge wine imports to China.

Zim Integrated Shipping Services is seeking September rate increases for westbound shipments from Asia to

APL Ltd. will discontinue its membership in the carrier discussion group in the westbound trade between the U.S. and Asia effective Sept. 1.

Container volume through the Port of Charleston grew 7.4 percent in the first half of this year, the South Carolina Ports Authority said.

U.S. shippers importing goods from Mexico say they are looking for new transportation options as truckload capacity along the border gets tighter.

Gothenburg’s container traffic hit an all-time high in the first half of 2012 as strong Swedish exports to markets outside Europe outweighed lower imports and weak trade flows within Europe.

Mediterranean Shipping Co. has announced September rate increases for cargo moving from the U.S. Gulf and West coasts to several destinations.

Danish shipping and energy group A.P. Moller-Maersk raised 750 million euros ($925 million) from a new seven-year bond to be listed on the Luxembourg stock exchange.

Rotterdam’s container traffic fell 1.6 percent in the first half of 2012 from a year ago as sharply lower imports from China because of the deepening eurozone crisis outweighed increased exports

Indian Shipping Minister G.K.

The fire-damaged container ship MSC Flaminia will be towed to a sheltered anchorage in German waters for evaluation before it is towed to a yet-undetermined port, the vessel’s owner said.

A ship used for recovery of solid-fuel rocket boosters from the space shuttle will be converted for use as a training ship at the U.S. Merchant Marine Academy at Kings Point, N.Y.

Denmark’s DFDS cut its 2012 earnings guidance after Europe’s largest short-sea shipping and logistics group’s second quarter profit slumped amid a deepening eurozone crisis and stiff

The Asian export outlook continues to weaken, according to the latest export forecasts from Taiwan and Thailand.

China’s container ports now handle 30 percent of international container volume, which has more than doubled in the last decade, Drewry Maritime Research said in its latest annual port sector re

NYK Line said it will implement an Oct. 1 general rate increase for trans-Atlantic cargo.

Crowley Maritime Corp.’s petroleum and chemical transportation group

Mediterranean Shipping Co. and CMA CGM say they no longer object to a proposal by APM Terminals to take over the Virginia Port Authority’s container operations.

Caravel Logistics has launched a feeder link between India and the Middle East.

Emirates Shipping Line plans to expand its intra-Asia service network by buying slots on the Pacific South & Gulf Service (PSG) operated by Hanjin Shipping, effective in early September.