Container lines

Mediterranean Shipping will raise rates from the United States to the Far East, effective March 1, as the container line taps growing American exports and builds on a successful

GPR Logistics said it acquired the East Coast facilities and operations of the Gilbert Company from Maersk Inc. the U.S. subsidiary of Maersk Line.

CMA CGM, China Shipping Container Line and United Arab Shipping Co. are extending their jointly operated Asia-North Europe service to cover Asia-Middle East routes.

The strong rally in ocean freight rates out of the Far East since the beginning of the year will likely peter out after the Chinese New Year next week, as capacity runs ahead of cargo demand, said Alp

Somali pirates released the Fairchem Bogey, a Marshall Islands-flag chemical tanker, and its all-Indian crew on Jan. 14 after five months of captivity, the Indian Shipping Ministry said.

Contship Italia is selling a 50 percent stake in the company that controls the troubled Gioia Tauro container transshipment terminal in southern Italy to an affiliate of Mediterranean Shipping.

Container lines will struggle to maintain recent freight rates gains after the Chinese Lunar New Year because the industry hasn’t done enough to reduce excess capacity, said Janet Lewis, head of

When Maersk Line decided to end the practice of providing free chassis to its container customers, other carriers were expected to fall quickly in line.

Multinational shippers will become more attracted to book shipping capacity collectively using centralized freight procurement systems when ocean rates begin to increase again, an Electrolux supply ch

National strikes have shutdown Nigeria’s ports, forcing Maersk Line ships to wait until the protests over the cancellation of popular fuel subsidies wanes, according to

Average spot rates on the Asia-Europe trade lane increased this week for the fourth week in a row, as European importers rushed to secure vessel capacity before the week-long factory shutdown in Asia.

French ocean carrier CMA CGM imposed a general rate increase on westbound trade moving on its Epic service from India to North Europe and the Mediterranean, starting Feb. 1.

Horizon Lines, the largest U.S.-flag domestic ocean carrier, has converted $49.7 million of debt to equity under terms of a

Average trans-Pacific spot rates held firm after a one-week jump spurred by carriers’ rate increases at the beginning of the New Year

The Indian Shipping Ministry said international naval forces rescued 20 Indian sailors after pirates hijacked their Norwegian-flag bulk carrier off the coast of Nigeria Tuesday.

Costamare, the Greek shipping company that owns the wrecked Rena, reassured New Zealanders it will continue to fund the salvage operation as it moves into a more difficult, costly phase now that the c

Hamburg Sud will add a seventh container ship to its weekly service between the U.S. Gulf, Mexico and Central and South America.

Safmarine named a new CEO on Tuesday, Grant Daly, a 17-year veteran with the recently integrated multi-purpose vessel unit of Maersk Line.

Maersk Line Ltd. has placed under U.S.

SeaFrance was officially liquidated after a Paris court rebuffed the latest rescue bid for the heavily indebted French ferry company.

Zim Integrated Shipping Services imposed a general rate increase on westbound cargo from the Indian Subcontinent to North Europe and the Mediterranean, starting Feb. 1.

Like the Energizer Bunny, the trans-Atlantic trade just keeps going and going.

Industry experts expect the supply-demand trends that drove eastbound trans-Pacific business late in 2011 to extend into 2012.

International container business has been a key element in the development of the North American rail intermodal transportation market for decades.

The average rate for spot rate for container shipping from Asia to the U.S.

Mediterranean Shipping Company will apply a general rate increase on westbound trade from India to North Europe and the Mediterranean, starting Jan. 23.

Maersk Line expanded capacity at double the pace of the overall shipping industry in 2011, helping the world’s largest container ship operator regain market share and setting the stage for large

Average spot prices for shipping containers from Asia to Europe jumped 30.3 percent in the first week of the New Year as vessel capacity tightened and importers hurried to book space in advance of the

Container shipping lines could lose as much as $5.2 billion in 2011 despite a projected growth in global demand of 6.5 percent, according to Drewry’s latest quarterly Container Forecaster.

Japan’s top three ocean carriers are girding for a difficult 2012 amid vessel overcapacity and sluggish European and U.S.

Maersk Line Ltd. will pay the U.S.

Average trans-Pacific spot rates jumped in the first week of the New Year as the carrier members of the Trans-Pacific Stabilization Agreement put a

Mediterranean Shipping is shifting some containerized cargo the carrier normally transships at its Bahamian hub of Freeport to other ports in the Caribbean.

CMA CGM imposed port congestion surcharges on all inbound containers handled at Mombasa, Kenya, and Dar es Salaam, Tanzania, starting Jan. 15.

Chilean container carrier CSAV will reorganize its Asia-Black Sea Service in February by switching out four port calls.

Zim Integrated Shipping Servi

A.P. Moller-Maersk CEO Nils Andersen underwent emergency heart surgery in Switzerland over the New Year, the parent of container ship operator Maersk Line said.

Cheng Wai Keung will retire as chairman of NOL Group in April, the parent of container line APL said Thursday, extending an overhaul in the leadership of the business that began last spring.

Japan’s containerized cargo exports will decline 2.3 percent in the 2011 fiscal year ending March 31, 2012, with the global economic slowdown, the rising value of the yen and the impact of Asia&

The recent spate of alliances on Asia-Europe trade lanes threatens to prolong &ldquo;unrelenting&rdquo; rate wars and could spell &ldquo;disaster&rdquo; for ocean carriers in 2012, Alphaliner warned.<