Container Shipping News

The Port of Baltimore moved up the rankings of U.S. ports in 2010 in terms of the dollar value and the tonnage of the cargo it handled, Maryland Gov. Martin O’Malley said Tuesday.

The growth of U.S.

The container shortages that exacerbated the shortage of vessel capacity last year will not be a problem during this year’s peak season, according to Alphaliner.

Hapag-Lloyd said Tuesday it will apply “port congestion surcharges” on all containerized cargo moving to and from Chennai, the second major Indian port to attract such charges in recent we

Container lines are improving their vessels on-time arrival rates at ports, according to the latest measure of container service reliability by Drewry’s Schedule Reliability Insight.

Japan’s exports of agricultural, fishery and forestry products fell for the third straight month in June on a year-to-year basis, dropping 2.3 percent to $491 million, according to the Ministry

Higher fuel costs and weak trans-Pacific results caused Matson Navigation’s second quarter operating profit to fall 75 percent to $9.4 million from $37 million a year ago.

Matson Navigation ended one of its China services, citing overcapacity and declining freight rates in the trans-Pacific, as well as high fuel prices.

CMA CGM will invest $100 million in a major container transshipment hub in Jamaica in exchange for a 35-year lease at the Kingston Container Terminal, the Jamaica government said Friday.

MCC Transport, A.P. Moller-Maerski’s intra-Asia shipping division, launched a 13-day transit service between China and Bangladesh.

Profit at the parent of Orient Overseas Container Line fell 39 percent in the first half of 2011 on falling freight rates and OOIL forecast “difficult” conditions for the rest of the year

Vessel traffic through the Panama Canal will be affected this month by maintenance and dredging.

Container traffic at major ports in India grew a mere 2 percent from April through July compared with a year earlier, according to the latest traffic data released by the Indian Ports Association.

As Harold Daggett basked in the applause of union delegates after his election as International Longshoremen’s Association president, loudspeakers came alive with the Sam Cooke classic “A

Geoffrey Giovanetti has a favorite East Coast port gateway for seaborne imports of wine and spirits destined for the Midwest, but he generally leaves the choice of ports and the intermodal facilities

The Longshore Workers Coalition, the intra-union group that has criticized International Longshoremen’s Association leadership, was relatively quiet during last month’s ILA convention in H

Peter Tirschwell’s July 18 commentary, “Season of the Switch,” put a new twist on the East Coast vs.

The first half of 2011 hasn’t been good for the Port of Virginia for reasons largely beyond its control.

A two-month longshoremen’s strike in 1977 left Harold Daggett so strapped he qualified for food stamps, but Daggett said he couldn’t tap family members for a loan “because they were

Horizon Lines says it is making “significant progress” on a refinancing announced two months ago, but the financially struggling container line still lost $7 million in the second quarter

Spot rates for trans-Pacific trade fell for the second week in a row, while pricing on Asia-Europe trade lanes improved for the week ending Aug.

Chilean ocean carrier CSAV will implement a general rate increase on westbound shipments from India to Europe, starting Aug. 15.

U.S. job growth increased more than expected in July as a rise in private payrolls offset shrinkage in government jobs, the Labor Department said.

International Container Terminal Services will complete the first phase construction of a terminal at the Port of La Plata in Argentina next year.

China’s Ningbo Port saw container traffic increase 13.7 percent year-over-year to a new record of 7 million 20-foot equivalent units in the first six months of the year.

In the trans-Pacific, capacity is surging and rates are sagging. In South America, Africa and the Middle East, demand is buoyant.

An unofficial “go-slow” campaign by a group of dockworkers at the Gateway Terminals India operated by APM Terminals threatens to worsen congestion in Nhava Sheva (Jawaharlal Nehru), India&

APL said its trans-Pacific services missed their arrival window only seven times in 114 port calls to the U.S.

Hapag-Lloyd said Friday it will apply a port congestion surcharge on shipments moving through India’s Port of Jawaharlal Nehru (Nhava Sheva), making it the second carrier to do so in a month.

Canada’s Port of Prince Rupert reported loaded container volume soared 33.1 percent in July on Thursday, an unusually strong expansion that came as most North American ports are showing lacklust

Lines will be hard-pressed to enforce peak season surcharges from Aug. 15 on Asia-U.S. lanes, said analysts and forwarders based in Asia.

Total container volumes handled by the six major ports in Northern Europe continue to decline from their March high, largely because of fears of default by several European Union member countries, acc

Maersk Line will seek a general rate increase on cargo shipped from the Indian subcontinent and the Middle East to Europe, effective Sept. 1.

India’s Port of Jawaharlal Nehru (Nhava Sheva) disputed reports that crane replacement at the port-run terminal was done proper planning and prior consultations with users as well as other stake

After a two-month delay, the 15 container lines that belong to the Transpacific Stabilization Agreement announced peak season surcharges as of Aug. 15.

Seaspan cut its loss to $34.9 million in the second quarter from the $121.8 million loss the independent

CMA CGM high-yield bonds dropped sharply in Europewan trading on Wednesday after it reported a lower-than-expected liquidity figure, and reports circulated that it may breach some of its loan agreemen

Growth in U.S. containerized imports slowed to 4 percent in the second quarter after rising 9 percent in the first three months of 2011, according to Journal of Commerce sister company PIERS.

Yang Ming and OOCL plan to merge their two China-India-Pakistan services (CPX and CIS 2) into a single loop called CPX, according to Alphaliner.

Several financially strong companies, mainly in Asia, are poised to break into the global container terminal market, challenging the established operators that dominate the industry, according to a ne