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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
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Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
Asia-Europe
The latest Container Shipping News & Analysis
Retail Group Sees Imports Flat Through July
Joseph Bonney |
Imports at the nation’s largest container ports are expected to remain flat through July before picking up when the annual peak season for holiday shipments begins later this summer, the Nationa
Maritime
Forwarding
Housing Starts Advance in a Weak Market
Joseph Bonney |
Construction of homes and apartments increased 3.5 percent in May from the previous month but was down 3.4 percent year-to-year, the Commerce Department said.
Transport, Trade and Regulation News
Forwarding
Doha to Sign Deal for Major Expansion
Bruce Barnard |
The Port of Doha, Qatar, plans to award contracts to build the first phase of a new container complex in the gas-rich Persian Gulf state in November.
Maritime
Forwarding
Hanjin Changes Partners on Asia-Mideast Service
Peter T. Leach |
Hanjin Shipping is teaming up with NYK Line to renew its Far East-Middle East Express service starting from early July.
Container lines
Forwarding
Diana Containerships Adds Sixth Vessel to Charter Fleet
Peter T. Leach |
Vessel operator and owner Diana Containerships on Thursday added a sixth ship to its fleet of containerships for hire.
Maritime
Container lines
Forwarding
APL Logistics Rolls Out 53-Foot Containers
Peter T. Leach |
APL Logistics, looking for greater efficiency matching international and U.S. domestic transport, will deploy its own fleet of 53-foot containers in the North American domestic intermodal market.
Intermodal providers
Forwarding
Russia's Global Ports Readies $572 Million IPO
Bruce Barnard |
Global Ports plans to raise up to $572 million from an initial public offering in London that would value Russia’s largest port operator at $2.4 billion.
Maritime
Forwarding
LA-LB Import Volume Grows 4.8 Percent
Bill Mongelluzzo |
Combined container import volume at the ports of Los Angeles and Long Beach grew 4.8 percent year-over-year in May, slower than the growth rate the month before and behind the 5.1 percent increase in
Port News
Forwarding
North American ports
US Port Calls Rose 13 Percent Last Year, Marad Says
R.G. Edmonson |
Vessel calls at U.S. ports increased 13 percent last year as the country recovered from the worst recession in decades, the Maritime Administration said Wednesday.
Maritime
Transport, Trade and Regulation News
Forwarding
A.P. Moller-Maersk Postpones Bond Sale
Peter T. Leach |
Maersk Line parent A.P. Moller-Maersk postponed a planned bond issue worth up to $1.44 billion because of poor market conditions, analysts told Reuters on Wednesday.
Maritime
Container lines
India's Port Traffic Up 1 Percent
JOC Staff |
The volume of containers handled by major ports in India grew a mere 1 percent year-over-year in the first two months of fiscal 2011-12, the Indian Ports Association said Wednesday.
Port News
Maritime
Forwarding
Emirates Joins Middle East Express Service
JOC Staff |
Emirates Shipping Line is joining the Middle East Express Service operated jointly by Cosco Container Lines and Orient Overseas Container Line.
Container lines
Maritime
Forwarding
NY-NJ Targets 2016 For Bayonne Bridge Project
JOC Staff |
The Port Authority of New York and New Jersey, racing to elevate the Bayonne Bridge, is “working towards a date of 2016” to complete the complex engineering project and clear a path for la
Port News
Forwarding
CMA CGM Appoints Sirat CFO
Peter T. Leach |
Container ship line CMA CGM appointed Michel Sirat, a longtime executive in the energy industry, to group chief financial officer.
Container lines
Maritime
Forwarding
Port Everglades to Discuss Near-Dock Rail Terminal
Peter T. Leach |
The Broward County Board of County Commissioners Tuesday authorized Port Everglades’ staff to begin talks with the Florida East Coast Railway toward development of an intermodal rail transfer fa
Port News
Maritime
Rail News
Forwarding
Corpus Christi Approves Funds to Extend Channel
Peter T. Leach |
The Port of Corpus Christi Commission on Tuesday unanimously approved funding for the port’s $15.5 million share of the cost of extending the La Quinta Ship Channel and restoring the ecosystem,
Maritime
Forwarding
Canada Lifts Japanese Food Import Restrictions
Hisane Masaki |
Canada this week lifted all import restrictions on Japanese foods, which were imposed on April 1 in the wake of the ongoing nuclear crisis at the Fukushima No.1 nuclear power plant in northeastern Jap
Forwarding
NOL Invests in 12 New Ships, Upgrades 10 Vessels
By Bruce Barnard |
Neptune Orient Lines today announced $1.54 billion of contracts for 10 new 14,000 20-equivalent unit ships, two 9,200 TEUs vessels and upgrades to 10 ships it ordered last year.
Container lines
Seaway Season Opens With Traffic Boost
Courtney Tower |
The St. Lawrence Seaway opened this spring with volume up 3.7 percent in the first two months of the season compared with the same months last year.
Forwarding
Pirates Paid $2.1 Million to Release Hostages
JOC Staff |
Six Indian sailors, held captive by Somali pirates for more than 10 months, were freed Monday after a reported $2.1 million ransom payment.
Container lines
Maritime
Forwarding
Port of NY-NJ Approves Restructured PNCT Lease
Peter T. Leach |
The board of the Port Authority of New York and New Jersey Tuesday approved a restructured lease with the Port Newark Container Terminal that will provide $500 million in private capital investment to
Port News
Forwarding
MSC Hikes Portugal-to-US Freight Rates
Peter T. Leach |
Mediterranean Shipping Co. is raising its freight rates on all export containers shipped from Portugal to the U.S. as of July 7.
Container lines
Maritime
Forwarding
BIMCO Elects Khatau President
JOC Staff |
The Baltic and International Maritime Council, the world’s largest private shipping organization, elected Yudhishthir Khatau of India as its new president.
Maritime
Container lines
Forwarding
Laid Up Box Fleet Shrinks to Three Year Low
Bruce Barnard |
The laid-up container ship fleet fell to its lowest level since August 2008 and is still shrinking as ocean carriers activate idle tonnage, Alphaliner reported.
Forwarding
Maritime
Container lines
PierPass Says 'Bunching' Plagues Terminal Gates
Bill Mongelluzzo |
The head of PierPass gate operation at the Los Angeles and Long Beach ports says the only pressure on capacity marine terminals comes when large numbers of truckers want to pick up or drop off contain
Port News
Forwarding
CSAV Volume Up, Average Revenue Down
Peter T. Leach |
CSAV’s volume of transported containers increased 6.8 percent in May over April, but the average revenue per container declined.
Container lines
Maritime
Forwarding
Nehru Port Volume Down 2 Percent
JOC Staff |
Container throughput in India’s Port of Jawaharlal Nehru (Nhava Sheva) fell nearly 2 percent year-over-year in the April-May period, the first two months of fiscal 2011-12, the port authority sa
Port News
Maritime
Forwarding
Maersk CEO Explains Details of Manifesto
Peter T. Leach |
Forwarding
Container lines
Japanese Firm Inks Westwood Purchase Deal
Hisane Masaki |
Japan’s Sumitomo Warehouse said today that its wholly owned subsidiary, J-WeSco, signed a contract to acquire a 100 percent stake in Westwood Shipping Lines, a U.S.
Container lines
Maritime
Forwarding
CSAV Suspends Trans-Pacific Loop Service
Peter T. Leach |
Chilean carrier CSAV said Monday it will suspend its Asiam service from India, Southeast Asia and China to the U.S.
Container lines
Maritime
Forwarding
Seaspan Adds 61st Ship
Joseph Bonney |
Container ship owner-charterer Seaspan took delivery of the first of new eight containerships with capacities of 13,100 20-foot-equivalent units.
Maritime
Container lines
Forwarding
Export Surge Pushes Round-Trip Strategy on Pacific
Bill Mongelluzzo |
Container ship line APL says the fast-growing U.S.
Forwarding
Container lines
Horizon Extends Refinancing Deadline
Joseph Bonney |
Horizon Lines is extending for another week its deadline to line up commitments for $350 million in secured senior notes, a key part of the
Container lines
Forwarding
Rolling Container Volume
Marsha Salisbury |
Just 1,401 20-foot equivalent units separate Maersk Line and Mediterranean Shipping at the top two spots in The Journal of Commerce rankings of the Top 40 Import Container Lines for the first quarter
Maritime
Container lines
Forwarding
Easing Into the Peak
Bill Mongelluzzo |
The peak-season surcharge carriers intended to impose in the eastbound Pacific beginning June 15 is a casualty of the soft patch in the U.S. economy.
Maritime
Container lines
Forwarding
Galveston's Return on Privatization
Peter T. Leach |
When the deal to sell the Port of Galveston’s facilities to an investor group of Hutchison Port Holdings and Carlyle Group fell through in April, the port and financial adviser BMO Capital Marke
Port News
Maritime
Forwarding
A Brighter Horizon?
Joseph Bonney |
Horizon Lines says it has found a way out of a financial crisis triggered by the company’s guilty plea and fine for price-fixing in the Puerto Rico trade.
Container lines
Maritime
Cajun Country's Big Catch
Janet Plume |
The Port of New Orleans and the terminal operator owned by Mediterranean Shipping Co.
Forwarding
Maritime
Shrinking Ol' Man River
Janet Plume |
The threat level is rising along with the water along the Mississippi River, endangering two-thirds of U.S.
Maritime
Transport, Trade and Regulation News
Forwarding
Houston's Future Arrives Early
Peter T. Leach |
The Port of Houston doesn’t have to wait for the opening of the Panama Canal’s larger locks in 2014 for the arrival of bigger post-Panamax ships.
Port News
Maritime
Forwarding
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