Container Shipping News

CMA CGM said it will upgrade its CIMEX service between Asia and ports in the Middle East Gulf in July by replacing its two existing loops with one that features larger ships.

Jordan’s largest container port, the Aqaba Container Terminal, handled a record monthly volume of 64,525 TEUs in May, contributing to an overall year-to-date container throughput growth of 23 pe

A shipping investment fund focusing on the purchase of bargain priced second hand containerships and bulk carriers will be launched this week on the Hamburg stock exchange.

Evergreen Marine and Neptune Orient Lines are denying charges by prosecutors in Kaohsiung, Taiwan, that their employees were involved in falsifying data on cargo volumes passing through the port in or

A.P. Moller - Maersk Group promoted Jesper Cramon to head of group accounting, effective Aug. 1. He will replace Per Møller, who is retiring after 22 years with the Group.

The United Seamen's Service will present its 40th Annual Admiral of the Ocean Sea Awards to Donald Kurz, president and CEO of Philadelphia’s Keystone Shipping, and Ronald Widdows, group presiden

Europe's top ports boosted the share of containers in general cargo traffic to an all time high last year even as box volumes slowed significantly in the final quarter.

A.P.

APL’s container volume and average revenue per container fell during the most recent four week reporting period, its parent Neptune Orient Lines said Monday.

Employers at West Coast ports beginning July 1 will pay about 30 percent more in man-hour and tonnage assessments to fund benefits programs for longshoremen.

Workers at the Port of Indiana-Burns Harbor on June 19 started unloading 94 giant wind turbine blades for one of the world's largest wind farms under construction in northwestern Indiana.

Maersk Line will increase rates on services from Asia to New Zealand.

Taiwanese prosecutors on Thursday indicted 46 executives from some of the world’s biggest liner shipping companies and the Port of Kaohsiung on charges of fraud for allegedly inflating cargo vol

Higher fuel costs prompted two lines to raise bunker surcharges.

The transportation industry this week began operating under new federal regulations covering the safety of intermodal equipment, and in all modes of transport people agree much work still needs to be

U.S. Customs and Border Protection's Importer Security Filing rule will impose an annual cost of more than $20 billion on the U.S. economy, according to a study by a manufacturers’ group.

APM Terminals said its Apapa Container Terminal in Nigeria set a new terminal record of 47.26 moves per hour this week.

Maersk Line is setting up a nationwide chassis pool in the United States that will make its fleet of chassis available for lease by drayage companies, ocean carriers, marine terminals and railroads.

With a large number of improvements, French ocean carrier CMA CGM is upgrading its Asia-Europe services, effective June 30.

Commissioners of the Federal Maritime Commission won’t intervene in an informal review of a split routing case involving a non-vessel-operating common carrier.

Hanjin Shipping took delivery June 16 of a new Cape-size vessel from Hyundai Heavy Industries.

Hamburg Süd will replace its agent in Poland with Safe Shipping, effective July 1.

CMA CGM added three calls for its three 1,100-TEU vessels in the CAGEMA service linking the East Coast to the Caribbean.

Containerized exports out of the Port of Tacoma grew 6.2 percent in May over the same month last year, a potential signal of recovery at the Pacific Northwest port.

Container traffic at Marseilles soared 60 percent in May from a year ago as ocean carriers launched new services.

Net profit for state-owned Shipping Corp. of India fell almost 20 percent to $42.5 million in the January-March quarter of fiscal 2008-09 ended March 31.

Container volume at the Port of Los Angeles declined 16.3 percent in May compared to May 2008, which was about par with the port’s performance since January.

Exports out of the Port of New York and New Jersey fell more than 20 percent for the fifth straight month in April, pushing overall container traffic at the East Coast’s largest port down 17.8 p

A.P. Moller-Maersk is considering an additional 175 layoffs at its iconic Danish shipyard because of a lack of orders.

Loaded container traffic at the Port of Long Beach fell 22.6 percent in May, but the port showed signs of improvement in its busiest month so far in 2009.

Hanjin Shipping became the third major container line in a month to announce it is launching a direct service between Vietnam and the United States.

Saddled with contracts to build more ships than they need for the foreseeable future, shipping lines and charter ship owners are trying to cancel orders or at least delay delivery of new ships for as

If breakbulk carriers want to feel depressed, they have reasons: Cargo volume is slowing, rates are down and hard times are spurring competition from container ships and other vessels.

An unnerving game of “chicken” played out on the lower Mississippi River recently.

While many ports in the Gulf region are focused on waterside projects, the Port of Beaumont, Texas, this summer will begin a long-awaited project to reconfigure the port’s railyard, moving it from the

Of the roughly $1.7 billion in stimulus funds allocated to navigation needs including maintenance and construction, more than $356 million is heading to the U.S.

Radoje “Rod” Vulovic, 67, a founder and chief operating officer of U.S. Ship Management, died Friday in Charlotte, N.C., after a prolonged illness, his business partners announced.

A severe terminal congestion at India’s Port of Jawaharlal Nehru prompted port management to seek immediate intervention with Container Corp.

London -- European Union anti-trust regulators on June 12 opened an in-depth investigation of plans by DSV, Scandinavia's biggest trucker, and Danish shipping line Vesterhavet, to take joint control o

Horizon Lines said it will pay $20 million to settle class-action lawsuits that alleged antitrust violations in the Jones Act trade between the U.S. mainland and Puerto Rico.