Container lines

Standard & Poor’s revised its outlook for Hapag-Lloyd from “stable” to “negative” but confirmed the German ocean carrier’s BB+ credit rating.

The global container shipping industry lags behind many other industries in establishing a set of key performance indicators to measure elements that are critical to shipping customers.

Hapag-Lloyd will discontinue calling at congested Nhava Sheva (Jawaharlal Nehru Port), India’s largest container gateway, and instead will call on Mundra, a privately owned port.

Hapag-Lloyd is postpoining by a month the implementation of the general rate increase it planned to apply Oct. 1 on shipments from Canada to destinations in the Indian subcontinent.

U.S. containerized exports in July rose 4.8 percent from a year earlier, boosted by double-digit gains in wastepaper, scrap metal and logs and lumber, PIERS data show.

Construction of the Maersk Illinois is nearing completion in China.

APL’s container revenue and volume were virtually unchanged in August from July, despite imposing trans-Pacific peak season surcharges through half the month, parent company NOL Group said.

Hamburg Sud christened the Santa Catarina, the fifth of 10 ships with capacities of 7,100 20-foot equivalent

Tropical Shipping said Friday it will implement a planned peak surcharge on container shipments from the U.S. and Canada to the Caribbean, starting Oct. 9.

Maersk Line is restructuring its Asia-Mediterranean service network, effective mid-September, enhancing port coverage and reducing transit times on the route.

Bob Sinner’s family has been growing wheat in North Dakota’s Red River Valley for five generations, first, for the ever-expanding U.S. population, but increasingly for Asia.

Much of what it will take for the Port of Jacksonville to realize its goal of becoming a top East Coast port is out of the port’s hands.

Workers at India’s Port of Chennai launched a wildcat strike Thursday morning to protest the death of a colleague in a dockside accident, local shipping circles said.

If Maersk Line’s latest bid to muscle aside competition for shipper business is to succeed, the carrier will have to do it on the world’s toughest trade route.

MCC Transport may expand its presence in Asia’s cabotage market after purchasing its third vessel this year, increasing the Intra-Asia carrier's fleet to 56 charter ships.

Hapag-Lloyd is ruling out an initial public offering in the next 12 to 15 months, according to the German ocean carrier’s majority shareholder.

NYK Line will quit providing free intermodal chassis in the Northeast region, including the Port of New York an

Mediterranean Shipping Co. will begin weekly service at Alabama’s Mobile Container Terminal, according to the Mobile Press-Register.

Governors of three Great Lakes states urged New York Governor Andrew Cuomo to prevent the shutting down of the St. Lawrence Seaway by easing the state’s ballast water standard.

Hamburg Sud and classification society Germanischer Lloyd are jointly developing a system to track pollution produced by the German carrier’s fleet.

Shipping volume in containers, general cargoes, and dry and liquid bulk cargoes at the major Syrian ports of Latakia and Tartous have slipped since protesters started mounting demonstrations against t

Singapore-based container carrier APL will apply a peak-season surcharge on cargo shipped from India to the U.S. and Canada.

Horizon Lines said it closed on a bridge loan of up to $25 million to ensure liquidity while the carrier works to wrap up a

CMA CGM is reorganizing its CAGEMA service between the U.S.

Nordana is reactivating its direct roll–on, roll-off service between the U.S.

Japanese ocean carrier MOL will seek a new round of rate increases on cargo moving from the Far East to the Indian Subcontinent, as part of a rate restoration program.

Maersk Line will expand the daily guaranteed service announced yesterday for 12 Asia-Europe corridors to other trades if the concept proves a success.

Maersk Line is setting a standardized cut-off time for cargo being loaded on vessels on its Asia-Europe services, and the world's largest container line will pay shippers an unspecified compensation i

Mediterranean Shipping Co. will use Italy’s Port of Gioia Tauro to transship all cargo moving from ports in the United Kingdom and Northern Europe to Australia and islands in the Indian Ocean.

When consumers don’t buy, retailers don’t order and ship. Bad economic news is undermining container lines’ hopes for a strong fall peak season for holiday imports.

In the run-up to the 2011 peak shipping season, the world’s largest ocean carriers engaged in a form of slow-steaming, and not a good one, according to The Journal of Commerce’s ranking of

Four international shipping associations, representing most of the world's maritime industry, called for the creation of a United Nation armed force to tackle the worsening piracy crisis in the Indian

A shortage of port capacity is preventing lines from offering mainline U.S.

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Moody’s downgraded CMA CGM a day after Standard & Poors lowered its credit rating for the French oc

OOCL is minimizing the accumulation of currencies in emerging markets to reduce its foreign-exchange risks, because hedging costs are higher in these more-restricted markets, an executive said Thursda

Somali pirates released the MSC Panama container ship this week after reportedly receiving a $7 million ransom for the vessel, according to published reports.

The Federal Maritime Commission extended by seven months its oversight of carriers involved in the Transpacific Stabilization Agreement and Westbound Transpacific Stabilization Agreement.

NYK Line plans to issue $325 million of bonds maturing in 2021 with a 1.218 percent coupon, the carrier’s lowest for a 10-year security since February 2003, according to Bloomberg.