Container lines

Mitsui O.S.K.

Mediterranean Shipping Co., the world’s second-largest container shipping carrier by fleet capacity, will raise rates from the United States to the Far East, effective Nov. 1.

The Westbound Transpacific Stabilization Agreement said its member carriers plan to implement targeted rate increases on export commodities Nov. 1.

CSAV is living an extreme version of container shipping’s recent ups and downs.

Ron Widdows, a prominent leader in the global container industry, is leaving his position as group president and CEO of Neptune Orient Lines as of Oct.

Korean container line Hanjin Shipping will launch an Asia-Pacific to West India direct service in late October.

Horizon Lines has delayed for one week its target date for completing a $655 million refinancing that would stave off bankruptcy by the largest U.S. domestic ocean carrier.

Kuehne + Nagel named former carrier executive William F. Rooney this week as its vice president of sea freight for the trans-Pacific.

The World Shipping Council will keep Ron Widdows as chairman of its board through September 2012 after he steps down as group president and CEO of Neptune Orient Lines at the end of this year.

Maersk Line doesn’t expect the 20 giant new container ships it has ordered to flood the market, nor does it expect the ships to become the new standard on the Asia-Europe trade lane,

Maersk Line expanded its Asia-Europe Service 7 with a direct call at Qingdao, China, effective this month.

The port of Felixstowe inaugurated the first deep water berths in the U.K. able to handle the latest generation of mega container ships on Wednesday.

Horizon Lines, moving to complete a $655 million refinancing this week, said Kimberly-Clark had agreed to drop antitrust claims resulting from the carrier’s price-fixing in the U.S.

Ocean container carriers will lose more than $300 million on trans-Pacific services in 2011 due to falling freight rates and shrinking traffic, according to Alphaliner.

Japanese ocean carrier NYK Line imposed port congestion surcharges on containerized shipments moving through Port of Chennai, and other lines hiked their bottleneck fees for cargo through the Indian p

There are no sure bets in shipping, but container leasing comes close.

Panalipina launched three weekly less-than-containerload ocean services from Vietnam, Cambodia and the Philippines to Singapore, as the Swiss forwarder strengthens intra-Asia connections to its

It’s as if David had laid down his slingshot and Goliath his spear and started working together.

Hanjin Shipping said on Friday it plans to raise $405 million through a November stock issue, in what will be the South Korean ocean carrier's second stock issue in four months.

The Teamsters union and its environmental allies are turning up the heat dramatically in their campaign to redraw port trucking regulations, going directly after officials who oppose the changes.

Mediterranean Shipping Co. raised rates for all cargo from Thailand, Indonesia, Vietnam, Malaysia and Singapore to Australia.

A federal appeals court refused to rehear an unsuccessful lawsuit filed on behalf of Horizon Lines shareholders who accused company officials of misstatements in connection with the company’s pr

Maersk Line will implement a general rate increase on shipments moving from Asia to New Zealand

Inland waterways advocates say the Army Corps of Engineers should create a capital development plan with clear priorities to make the most out of scarce funds for improvement of the nation's crumbling

Former Matson Navigation Co. and APL executive Guido Bart died Sept. 16 in Santa Barbara, Calif., at the age of 87.

The Transpacific Stabilization Agreement shifted its leadership structure from a single chief to a six-member executive committee, as the 15-Pacific carrier group takes a broader approach to decisions

European Union regulators approved a $41 billion state-funded bailout for Germany’s HSH Nordbank, the world’s biggest shipping bank.

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.