Container Shipping News

Container lines can’t wait for this year’s fourth quarter. Even if an economic recovery isn’t under way by then, carriers will at least have more favorable year-to-year comparisons on trade volumes.

China Ocean Shipping Co. announced a peak season surcharge of $400 per 40-foot container and $320 per 20-foot container on all cargo moving from the Far East and Indian subcontinent to the U.S.

Officials of the Obama administration’s Interagency Ocean Policy Task Force released their interim report for a 30-day public review and comment period.

Citi's Global Transaction Services, a business unit of the global financial services company, and GT Nexus, the global trade and logistics portal, announced a strategic partnership that will deliver e

Import cargo volume at the nation's major retail container ports is now expected to drop to a total 12.5 million 20-foot containers for all of 2009, according to the monthly Port Tracker report releas

Doug J. Marchand, the long-time executive director of the Georgia Ports Authority, announced at Thursday’s State of the Port Address that he will step down Jan. 1, 2010.

CMA CGM expanded its “rate restoration” program Thursday, announcing new price increases on shipping between Europe and India and Pakistan.

Cargo volumes at the ports of Los Angeles and Long Beach in August increased over the previous month as the nation's two largest ports prepared for what is expected to be a short peak shipping season.

UAL-SA, the South African subsidiary of Universal Africa Line, will carry 65,000 metric tons of bagged cement from Cape Town to Soyo, Angola for the construction of a liquefied natural gas plant, the

The government of Western Australia approved Chevron’s Australian subsidiary to develop Gorgon, a gigantic offshore natural gas project.

The average spot rate jumped 10.3 percent this week for shipping a 40-foot container from Hong Kong to Los Angeles, according to Drewry Shipping Consultants weekly survey of spot market prices paid by

Just eight days after raising the rates on eastbound cargo shipped from North Europe and the Mediterranean to Asia, CMA CGM announced a rate increase in the opposite direction.

A Maersk Line container ship, the Maersk Kendal, ran aground today at the Sebarok Beacon, less than a kilometer south of Sebarok Island and nine kilometers south of Singapore, the Maritime and Port Au

Distribution centers and manufacturing plants in the Ohio Valley will soon have two new intermodal options for moving their cargo to and from Asia.

Hanjin Shipping announced Wednesday a decision by the board of directors to divide the company into a holding company, Hanjin Shipping Holdings Co., Ltd., and an operating company, Hanjin Shipping Co.

Marad says the time has come to separate the liners from the bulkers.

The growth in the world container ship fleet will slow this year to the lowest rate this decade as ocean carriers defer deliveries of new vessels and boost scrapping of older tonnage to record levels.

Three of the world’s largest ocean carriers, looking to build on the momentum of price hikes that appear to be taking hold around the world, announced new rate hikes on global lanes Tuesday.

Shipping lines that carry U.S. exports to Asia will increase their bunker fuel surcharges on Oct.

CMA CGM and MAERSK Line are combining their respective Brazilian Express Service (Brazex) and North Coast Express (NCX) connecting the East Coast of South America to Central America and Caribbean, eff

The year long decline in Asia-Europe container traffic has slowed significantly, in a major boost for carriers attempting to push through higher ocean freight rates on the world's biggest liner trade.

MISC Berhad will upgrade its Halal Express Service linking the Far East, Southeast Asia, the Indian Subcontinent and the Middle East, effective later this month.

As container volume fell through August, average revenue plummeted even further for Neptune Orient Lines.

While many are focused on the plight of the ocean carrier industry, wondering when the first bankruptcy will occur or when the first announcement of one carrier buying another

Managing a $20 BILLION COMPANY through the worst economic conditions in half a century may be something like navigating one of the worlds largest container ships through shallow waters, but few people

Shell-shocked by plunging cargo volume and tumbling freight rates in Europe-Asia container trade lanes over the past year, ocean carrier executives are sensing a turning market amid reports some ship

The ports of Long Beach and Los Angeles intend soon to eliminate a reporting requirement that cargo interests said was an unnecessary and costly administrative burden associated with the ports' clean-

Hapag-Lloyd will be able to fulfill criteria for loan guarantees to be provided by the German government, according to a report by Reuters.

APL is upgrading its twice-a-week Miami service connecting the United States with Central American ports.

The Canadian government will provide the Montreal Port Authority up to US$8.4 million in infrastructure stimulus funding to build a common access portal for trucks.

A crew member on a container ship died early Thursday after he fell overboard near the San Francisco Bay Bridge while preparing a portside gangway but not wearing a required life jacket, the company s

Following a $50 million restoration after the devastation caused by Hurricane Katrina, Chiquita has moved back to its original berths on the Port of Gulfport’s west pier.

Israel Corp., parent of Zim Integrated Shipping Services, announced it will hold a special shareholders meeting Oct.

Mediterranean Shipping Co.

Hanjin Shipping will join an intra-Asia vessel-sharing agreement service that connects India and the Far East as one of the joint operators at the end of September, the company announced Thursday.

Hamburg Süd consolidated its three West Coast liner services at a single terminal in the San Francisco Bay area.