Container lines

Mediterranean Shipping Company has joined other liner operators in seeking a general rate inc

Ocean carrier revenues have failed to keep pace with the 50 percent surge in the China Containerized Freight Index since the beginning of the year, according to Alphaliner.

Maersk Line said it promoted Jakob Stausholm, currently chief of strategy & transformation, to take on additional responsibilities as chief financial officer.

Chilean container carrier CSAV will impose a general rate increase on westbound trade from India to Europe and the Mediterranean.

The race is getting tighter for the U.S. container trade triple crown as the leading carrier in imports, exports and total volume.

Fitch Ratings said CMA CGM's first-quarter results are evidence that the world's largest container shipping companies are beginning to reap the benefit of a more rational approach to pricing.

United Arab Shipping Company has joined other major container ship operators in announcing a general rate increase on westbound Asia-Europe trades, starting July 1.

Having worked for more than 22 years in the shipping industry, much of the time with ocean carriers, Stephen Aldridge understands that freight rates charged to cargo consolidators will rise and fall w

Container freight rates are profitable again and could rise further if trade picks up over the summer, A.P. Moller-Maersk CEO Nils Smedegaard Andersen said on Thursday.

Neptune Orient Lines promoted Jason Wong to the position of regional president for South Asia.

CMA CGM booked a $248 million net loss in the first quarter, but the French ocean carrier said it was breaking even in April and expects to make a full-year profit due to higher freight rates and cost

The slowdown in container volumes handled by ports in northern Europe indicates the continent may be slipping into a deeper recession than anticipated, according to the latest North Europe Global Port

The majority of ocean container carriers will lose money in the second quarter following their failure to fully implement rate hikes in May and June, Alphaliner says.

Hapag-Lloyd plans to implement a new round of general rate increases on major trade lanes, starting July 1.

The Port of Mobile got its first call by a post-Panamax container ship on Sunday when the MSC Laura docked at APM Terminals Mobile.

Maersk Line sought to play down its decision to postpone until June 15 a peak-season surcharge in the Asia-Europe trade.

Maersk Line plans to raise its rates on westbound trade from India to North Europe and the Mediterranean, starting July 1.

Shipping lines in the westbound Pacific intend to increase their rates on dry cargo exports to Asia by $50 per 40-foot container from California ports and $100 per FEU from the Pacific Northwest and i

Maersk Line said it is cutting about 400 jobs at its central management organization as part of a restructuring aimed at speeding up and simplifying decision-making.

Volume growth of up to 8 percent is expected on intra-Asia trades this year, helping rates recover during this quarter on many lanes, says one liner executive.

Spot rates on the westbound Asia-Europe trade fell for the fourth consecutive week, undermining carriers’ ability to nail down the peak-season surcharges they have said they will implement on th

The top negotiator for East and Gulf Coast waterfront management said International Longshoremen’s Association President Harold Daggett “appears to be less-than-committed to engaging in me

State-owned Shipping Corporation of India lost $78 million in fiscal 2011-12, which ended March 31, compared with a net profit of $103 million a year earlier.

Eastbound trans-Pacific spot rates held steady this week for the sixth week in a row, as carriers resisted any rate-cutting in advance of

Israeli ocean carrier Zim Integrated Shipping Services said its first quarter net loss widened to $163 million from $111 million a year ago and $151 million in the previous quarter because of a &ldquo

More than half the crew aboard the Maersk Alabama when it was attacked by Somali pirates in April 2009 have filed lawsuits against Maersk Line Ltd., the U.S. subsidiary of A.P.

Eimskip, the Iceland-based container shipping and refrigerated logistics group, reported operating profit almost halved in the first quarter from a year earlier as higher costs and one-time items outw

Container shipping lines hope peak-season volumes will get a boost from customers’ need to replenish tight inventories.

Electrolux’s Bjorn Vang Jensen is looking for a new way of negotiating contracts with ocean carriers.

Japanese export ship orders tumbled 43.5 percent in April from a year earlier to 515,768 gross tons, according to figures released by the Japan Ship Exporters’ Association.

OOCL said it will put a general rate increase into effect on cargo moving in both directions on the trans-Atlantic trade as of July 1.

The crew of a small U.S.-flag Maersk container ship repelled a pirate attack in the Gulf of Oman on Wednesday, the company confirmed.

Eastbound trans-Pacific spot rates held steady this week for the fourth week in a row, indicating that carriers are maintaining pricing discipline on

Divergent demand growth rates between the trans-Pacific and Asia-Europe container shipping trades will emerge as the year progresses forcing carriers to take drastic action or risk losing the gains ma

APL and Pacific International Lines will launch a new a new joint service linking the Far East and Red Sea next month.

Ocean carriers and shipowners are set to scrap container ships totaling more than 200,000 20-foot equivalent units capacity in 2012, more than twice the capacity sent to breakers’ yards last yea

DFDS, Europe’s biggest integrated short sea shipping and logistics company, slumped to a 97 million Danish kroner [$16.7 million] pre-tax loss in the seasonally slow first quarter from a $1.2 mi

Safmarine took delivery of its latest container ship on Monday, the Safmarine Chachai, which was specially built for the African trades by Hyundai Heavy Industries of South Korea.

Hapag-Lloyd will implement a general rate increase on its services from India to Europe and the Mediterranean.

Mediterranean Shipping Co. will put a general rate increase into effect next month on all westbound cargo shipped from the Eastern Mediterranean to the ports of Arica and Iquique in Chile.