Container lines

Horizon Lines said its operating subsidiary will plead guilty to two counts of providing federal authorities with false vessel oil record-keeping entries on a container ship in the U.S.

Chilean container carrier CSAV imposed a general rate increase on trades from the Indian Subcontinent and the Middle East to Europe, the Mediterranean, Africa, Latin America and the Caribbean.

Maersk Line containerships will switch to burning low-sulfur fuel while at berth in the Port of Virginia starting in February.

Japan’s NYK Line saw a 7 percent year-over-year surge in imports into the United States from Asia in

Hapag-Lloyd will impose a series of general rate increases on Far East services in March, as part of the German carrier’s rate restoration program.

Hapag-Lloyd will open its own shipping agency in Dubai, United Arab Emirates, in a joint venture with its existing third party agent, Inchcape Shipping Services.

Mediterranean Shipping Company imposed a port congestion surcharge on all cargo moving to the Port of Mombasa, Kenya, starting Feb. 1.

Mediterranean Shipping plans to shuffle the U.S. East Coast port rotation of its Golden Gate Service from the Far East in February.

Chilean carrier CSAV has raised $129 million in the second stage of a planned $1.2 billion capital increase and said it hopes to complete its refinancing by Feb. 15.

Maersk Line will begin charging a cargo declaration amendment fee on shipments to destinations that require advanced manifest, starting March 1.

Average spot freight rates on the eastbound trans-Pacific trade held firm for the third week in a row even as Chinese factories closed for Lunar New Year celebrations.

Maersk Line is reorganizing its Far East Asia-West Mediterranean service network, effective mid-February.

State-owned Shipping Corporation of India imposed a general rate increase on cargo shipped from the Indian Subcontinent to North Europe and the Mediterranean.

Container throughput at the Port of Halifax in 2011 dropped 5.7 percent year-over-year, largely because three liner services cut or reduced calls to the Canadian terminals this year.

Plunging Asia-Europe and trans-Pacific rates pulled down Orient Overseas Container Line’s fourth quarter revenue 11.2 percent on a 2 percent decline in volume.

Mediterranean Shipping said Friday it will put a series of rate increases into effect on its eastbound services from various European ports to destinations in the Middle East and the Far East over the

Emirates Shipping Line will enter a vessel-sharing agreement with Hapag-Lloyd and Regional Container Line on its service linking China, Southeast Asia and the Indian Subcontinent, starting in early Fe

The Port of Long Beach and Orient Overseas Container Line signed a 40-year, $4.6 billion tentative agreement that will make the shipping line the primary tenant on a planned terminal that will sharply

European Union antitrust regulators are investigating the planned takeover of Tirrenia, the bankrupt state-owned Italian ferry operator, by a consortium of the country’s leading private shipping

Average spot rates on the Asia-Europe trade lane increased this week for the fifth week in a row<

Pre-emptive strikes by international navies and the presence of private armed guards on board ships nearly halved the number of hijackings by Somali pirates in 2011, said the International Maritime Bu

Maersk Line will raise rates on westbound trade from India and the Middle East to North Europe and the Mediterranean, starting March 1.

The New World Alliance, consisting of three Asian ocean container carriers, will begin a service connecting north Europe and the U.K. with the U.S. East Coast and Panama at the end of February.

Troubled Chilean ocean carrier CSAV announced its shareholders raised $659 million in the first stage of a planned $1.2 billion capital increase.

Maersk Line is upgrading its Europe-Middle East 3 (ME3) Service between India, the Middle East and Europe, effective this month.

Maersk Line imposed general rate increases on cargo shipped from India to Mombasa, Kenya, and ports in West Africa.

Tonnage shipped on the St.

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&rsquo;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&rsquo;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