Container Shipping News

OOCL said it will raise freight rates on its routes from Asia to Australia in two stages beginning Sept. 15.

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Container throughput in the port of Hong Kong fell to 5.2 million 20-foot equivalent units in the second quarter of 2009, down 17 percent from the same quarter last year as the global recession cut de

The Beluga multi-purpose heavy lift project carriers Fraternity and Foresight reached their Siberian destination of Novyy Port on Monday and have begun discharging the plant modules they carried from

Losses sustained by liner companies hit more than $6 billion in the first six months of the year, according to AXS-Alphaliner.

The Danish Shipowners' Association said its members did not want to see any direct subsidies of their hard-hit industry nor any bending of European competition rules that ban cartel-like activity.

The port of Rotterdam Authority said its first half earnings fell nine percent from a year ago as traffic fell and fewer ships visited Europe’s biggest ocean cargo hub.

The CMA CGM Group will restore freight rates in the North Europe to Asia and the Middle East or Red Sea trades, effective Oct. 1.

Green Reefers, a leading reefer ship-owner, blamed fierce competition from cargo hungry container carriers, for losing money in the seasonally strong second quarter.

The Justice Department’s “vessel pollution initiative” has gone from an intensive blitz against maritime environmental crime to a long, hard slog with no end in sight.

Over several years, U.S.

OOCL on Sept. 4 christened the ninth Panamax class vessel in its line of sixteen 4,500-TEU vessels ordered from Samsung Heavy Industries.

Hapag-Lloyd’s owners have returned a stake in a Hamburg container terminal to the struggling German ocean carrier in order to qualify for $1.7 billion of state-backed loans.

The Alliance St. Louis, a Maersk Line, Limited vessel loaded rolling stock cargo for the U.S. military at APM Terminals Virginia at the Port of Portsmouth.

The Beluga multipurpose heavy-lift vessels Fraternity and Foresight, both ice class E3, have now convoyed with the nuclear-powered Russian Atomflot ice breaker 50 let Pobedy (50 Years Since Victory) t

South Korean carrier Hanjin and Argentina-based Maruba joined a combined service with CMA CGM, Hapag-Lloyd and Hamburg Sud between the East Coast of South America and northern Europe.

A.P. Moller-Maersk raised nearly $1.6 billion from the sale of shares with some of the proceeds likely to be earmarked for expansion of its global container terminal operations.

Horizon Lines will add regularly scheduled vessel container service between Tampa, Fla. and Puerto Rico to its Gulf Express Service.

Union rejection of a contract extension for Atlantic and Gulf dockworkers probably means talks on a new contract won’t resume until next year – and when they do, management’s positio

Independent Container Line will provide transactional e-commerce services to global customers through the GT Nexus Trade and Logistics Portal.

Maersk Line will launch a weekly feeder service between Vietnam and Hong Kong this month connecting with a trans-Pacific loop the carrier says will provide the fastest transit time from Vietnam to the

Germany did not accept terms of the rescue of container shipping line Hapag-Lloyd, Germany's Bild newspaper reported without citing sources.

International Longshoremen’s Association delegates unanimously rejected a proposed two-year extension of the ILA's contract for Atlantic and Gulf dockworkers on Wednesday.

The New York Terminal conference, representing marine terminals in the Port of New York and New Jersey, issued a revised schedule of charges that includes no change in demurrage and free time for cont

Babcock & Brown Infrastructure, the Australian parent of Euroports, the leading European bulk/break bulk stevedore, halted trading in its shares on the Sydney stock exchange Sept.

The Asian Shippers Council is fighting an emergency fuel surcharge container lines are seeking on shipping between Taiwan and South China, according to published reports in the region.

A.P. Moller-Maersk plans to sell stock to raise $1.8 billion to bolster its finances and fund possible acquisitions.

DHL launched less-than-containerload service from Vietnam to the United States and Europe, the company’s forwarding division announced.

Maersk Line’s ocean freight rates from the Mediterranean and North Africa to the United States and Canada will increase by $300 per container from Oct. 1, the carrier said Monday.

Two ports along Oregon's Columbia River are putting together multi-million projects aimed at helping shippers gain easier access to the Puget Sound ports of Seattle and Tacoma, according to a report i

Zim Integrated Shipping Service's 10,000-TEU Zim Djibouti was at the Port of Seattle’s Terminal 18 on Thursday, Aug. 27. The vessel is the largest to call at the port.

DP World, the global container terminal operator, buys a majority stake in Brazil’s largest private multimodal facility in the city of Santos.

Evergreen Marine reported its second consecutive quarterly loss as the global recession reduced volume and prices for the world’s fourth largest container line.

Forth Ports, the UK's last publicly traded ports company, reported profit fell 10 percent in the first six months of 2009 from a year ago on flat cargo volume.

Orient Overseas Container Line announced Friday it will raise fuel charges or rates on three trade lanes.

The Port of Houston is expected to name businessman Alec G. Dreyer executive director of the Port of Houston Authority later this month, according to Port Commission Chairman James T. Edmonds.

Trucking and marine freight carrier Trailer Bridge named Ivy Barton Suter as chief executive officer, effective immediately. She succeeds Ralph W.

Mediterranean Shipping Company will put a General Rate Increase into effect Oct. 1 on all tariff and contract cargo from the United States and Mexico to Western Mediterranean destinations.

DP World, the world’s fourth largest container terminal operator, warned of tough conditions ahead as net profit in the first half of 2009 fell by around a third from a year ago on lower box vol

Clarksons, the world's biggest shipbroker and shipping services company, reported first half operating profit dipped 35 percent from a year ago as shipping markets weakened on reduced global trade.