Container lines

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

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

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

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.

Evergreen Line, Hanjin Shipping and United Arab Shipping Co.

Ocean carriers are walking a tightrope in the Asia-Europe trades as they prepare to raise freight rates for the fourth time this year in a bid to maximize profits during the peak shipping season.

Average spot rates in the westbound Asia-Europe trade fell 4 percent on May 17 from the week before, indicating the most recent general rate increases ocean carriers put into effect on May 1 are not h

OOCL will implement a further general rate increase on the North Europe to Asia trade on June 15.

Maersk Line plans to hike ocean freight rates on South American routes by up to 30 percent this year to stem losses, cover soaring fuel prices and pay for the 16 container ships it ordered for the tra

A jump in coal shipments helped boost cargo volume on the Saint Lawrence Seaway up 2.2 percent in the first five weeks of the waterway season in 2012.

The schedule reliability of container ships in all trade lanes improved to 72.3 percent in the first quarter of 2012 from 69.4 percent in the last quarter of 2011, according to the latest quarterly Ca

MISC Berhad saw revenues tumble in the first quarter following its decision to exit the container business<

Maersk Line slumped to a $599 million operating loss in the first quarter from a $424 million profit a year earlier as collapsing freight rates on the key Asia-Europe route outweighed double-digit gro

Hapag-Lloyd will impose a new round of general rate increases on its East Asia services, which will take effect in June.

NYK Line (North America) said it would quit providing chassis to customers in the Tacoma-Seattle-Portland market, effective July 1.