Container lines

Sea Star Line, Crowley Liner Services and their parent companies have been hit with a second civil antitrust lawsuit by shippers that opted out of a class action settlement for carrier price-fixing in

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

The March 16 arrival of the massive ship Fabiola at the Port of Long Beach serves as a wake-up call to West Coast ports: The old ways of handling container ships are over.

Orient Overseas Container Line’s first quarter volume revenue slipped 0.9 percent to $1.3 billion despite a 5.4 percent rise in volume from a year earlier.

Hanjin Shipping in May will join other Asia-based carriers to expand its presence in the East Mediterranean.

Ingram Barge has agreed to acquire U.S. United Barge Line, a company with 17 towboats, almost 650 barges and approximately 300 employees.

Maersk Line has started taking bookings again for cargo from North Europe to Asia following a near month-

Maersk Line plans to duplicate its Asia-Europe Daily Maersk service on other global trade lanes in future, but it is

Although the general rate increases of the last two months in the Asia-Europe and trans-Pacific trade lanes are being accepted by shippers, so much additional capacity is due for delivery this year th

In the current volatile freight rate environment on the major east-west trade lanes, shippers and carriers are slowly beginning to negotiate long-term contracts linked to various rate indices, but the

Hamburg Sud’s revenue grew 7 percent in 2011 from a year ago to $6.64 billion, driven mainly by a 9 percent jump in the German container and bulk carrier’s box traffic to 3.1 million 20-fo

Drewry Research and CargoSmart are joining forces to publish a wider range of key performance indicators aimed at helping importers and exporters to benchmark their ocean carriers’ service level

More than three dozen customers of Sea Star Line and Crowley Liner services have filed a triple-damage antitrust lawsuit against the carriers, their parent companies and a former company official.

United Arab Shipping Co. has concluded a $150 million financing deal that includes a seven-year senior term loan facility with Burgan Bank’s corporate finance group.

Maersk Mc-Kinney Moller, the legendary Danish shipowner who helped build Maersk Line into the world’s biggest ocean container carrier, died today. He was 98.

Ocean carriers are preparing a fresh round of rate hikes on the Asia-Europe trade, taking advantage of stronger-than-expected cargo growth and a resilient spot market to move out of the red.

Evergreen Line said it will charter 10 ships with capacities of 13,800 20-foot equivalent units.

Maersk Line expects to lose money this year despite recent rate increases, A.P. Moller-Maersk Chairman Michael Pram Rasmussen told shareholders at the parent company’s annual meeting.

Cosco Container Lines announced an increase in its bunker surcharge on all shipments, including reefers, from the Far East to the east coast of South America.

United Arab Shipping Company will raise its rates on trades from North Europe to Asia and the Indian subcontinent, starting May 1.

Hapag-Lloyd will launch a new weekly service next month connecting Germany with ports in the Baltic region.

Mediterranean Shipping Co. denied it is weighing plans to spin off its global container terminals unit in an initial public offering in Singapore.

Orient Overseas Container Line will add eastbound calls in Los Angeles and Shanghai to its Pacific Atlantic Express service beginning with the May 9 sailing from Yantian, China.

CMA CGM has announced an “emergency rate restoration” of $385 per 20-foot container on routes from Asia to Europe and the Mediterranean.

Hamburg is set to sharply increase its share of the fiercely competitive North European container market after a long-delayed plan to

Horizon Lines said its fourth quarter loss on continuing operations narrowed to $6.9 million from $33 million a year earlier as

The general rate increase implemented on March 15 by carriers on the eastbo

"K" Line will upgrade its services linking Asia and Mexico and the west coast of South America ov

Horizon Lines has completed transactions that reduce the company’s net deb

OOCL named Andy Tung, its current chief operating officer, as its new chief executive, succeeding outgoing CEO Philip Chow, as of July 1.

Ocean carriers could face a short-term funding call of up to $20 billion in 2012 as they are not generating sufficient cash to cover interest payments and meet capital requirements, according to conta

Container shipping lines in the Westbound Transpacific Stabilization Agreement have announced further rate hikes for dry

CMA CGM will raise its rates on westbound cargo moving on its Epic service from India to North Europe and the Mediterranean, starting May 1.

The reintroduction of idled container ships is the biggest threat to a l

Mediterranean Shipping Company will seek a general rate increase on westbound trade from India to North Europe

Hapag-Lloyd will impose a peak-season surcharge on eastbound trades from North Europe and the Mediterranean to the Indian subcontinent.

Spot freight rates in the Asia-Europe trade jumped 28 percent this week as the general rate increases imposed by carriers on April 1 took hold, only

INTTRA will provide ocean shipping planning, management and optimization services to the freight forwarding group WCA Family under a strategic alliance announced Thursday.

More modern vessels and slow-steaming will help Singapore container line APL cut carbon exhaust emission by 30 percent by 2015, the carrier says.

Israel Corp.