Container lines

CMA CGM said a containership stormed by Israeli commandos on March 15 and searched for weapons was the "v

Three Asian container lines formally opened a container terminal Wednesday in Cai Mep, the port that serves Vietnam’s industrial heartland.

Japan's Mitsui OSK Lines and Taiwan's EVA Air began bringing rescue workers into areas of Japan devastated by the earthquake and tsunami a

Frank Larkin rejoined Crowley Maritime as vice president of sales and customer care for the company's liner services and logistics groups.

Israeli commandos March 15 boarded a CMA CGM chartered container ship bound for Egypt allegedly carrying weapons for militant groups in the Gaza Strip.

Shipping lines suspended service to three Japanese ports that were hit by Friday's tsunami but continue to serve six other ports where rol

UPDATED 4:34 PM GMT

Orient Overseas Container Line reported a profit of $841.6 million last year, after a loss of $376.9 million in 2009 and said it expects supply and demand to be near balance this year.

Japanese ports and airports suffered minor damage in the devastating earthquake and tsunami that hit the northeastern par

Sitting on the sidelines at The Journal of Commerce’s Trans-Pacific Maritime Conference, two shippers said their solution to the troubling questions over services and rates sounded simple but wa

It took years for ocean carriers to follow through on their desire to get out of the chassis business. Now it may take the rest of the industry years to find a new model that works.

Horizon Lines said its lenders agreed to cancel a default triggered by the company's guilty plea to price-fixing in the Puerto Rico trade and to relax loan covenants.

OOCL and Yang Ming plan to expand the port coverage of their joint China-Pakistan Express service and launch a new service on the trade lane.

Mediterranean Shipping Co.

The Justice Department said it allowed Horizon Lines to pay a back-loaded $45 million fine for price fixing in the Puerto Rico trade because a stiffer penalty would have threatened the carrier's viabi

The three carrier members of the Grand Alliance plan to overhaul their trans-Pacific services to the U.S. West Coast in advance of the peak season.

Mediterranean Shipping Co. plans to raise freight rates for cargo moving westbound from Italy, Spain, Portugal, the south of France and Israel to the U.S. as of April 1.

Hanjin Shipping, CNC Line and KMTC Line are teaming up to launch an intra-Asia service connecting Japan and Indonesia later this month.

Ship lines, truckers, leasing companies and other interests are still trying to decide how to fill the void left by ocean carriers that are ending their practice of providing U.S.

Suspected Somali pirates tried to seize the Maersk Alabama again on Tuesday in the third attempt to hijack it in three years.

Global Ship Lease, the NYSE-listed container shipowner, slumped to a net loss of $4 million in 2010 from a $42.2 million profit in 2009 as revenue grew 7 percent to a record $158.8 million.

Maersk Line is extending its program to cut sulfur emissions on its services to New Zealand.

Hapag-Lloyd and Regional Container Lines plan to launch a new weekly joint service from China and South Korea to Sri Lanka, India and Pakistan, starting at the beginning of April.

Ocean carriers face a shortage of containers in the coming months as production of boxes lags growing cargo capacity, according to Alphaliner.

Container shipping lines and shippers would benefit if carriers could share information in ways barred by the European Union, the chairman of Orient Overseas Container Line's parent company told the J

Shipping lines that carry U.S. exports to Asia face the paradox of declining freight rates even as cargo volume remains quite strong.

LONG BEACH, Calif.--The supply of vessel capacity and demand for space on the trans-Pacific will be so close this year it could tip in either direction, toward oversupply and lower freight rates or ti

OOCL is planning to place an order "soon" for a number of big new container ships that will probably be in the ranges of ships capable of carrying 13,000 20-foot equivalent units.

State-owned Shipping Corporation of India plans to acquire 110 vessels at a total estimated cost of $6 billion over the next 10 years, Indian Shipping Minister G.K. Vasan said Monday in New Delhi.

Container volume at Neptune Orient Lines, parent of APL, declined 18.5 percent in the first six weeks of 2011 compared to the last period of 2010 but the ocean carrier saw average revenue per box grow

A guilty plea to a felony antitrust charge. A $45 million criminal fine. A management shakeup including the CEO’s retirement. To put it mildly, Feb.

Growing carrier competition will pressure container freight rates between the U.S.

Mediterranean Shipping Co. notified its customers that it is increasing freight rates on eastbound trans-Atlantic cargo as of April 1.

Prevailing forecasts of vessel overcapacity this year are wrong, says the chairman and CEO of Neptune Orient Lines, which owns APL.

Anyone expecting slow-steaming to fade away this year hasn’t been following developments in the Middle East.

TUI, the German tour operator that owns almost half of Hapag-Lloyd, sold part of its stake to the container line's other shareholder and said it may sell up to 30 percent through an initial public off

NYK Line (North America) named William F. Payne as its new president on Thursday.

Angolan authorities released a U.S.-flag vessel operated by Maersk Line Limited. The government had detained the ship Wednesday to investigate containers containing ammunition.

Horizon Lines reported a fourth quarter net loss from continuing operations of $46.4 million, including a $30 million charge covering part of a $45 million

Trailer Bridge named Roberto Lugo to the newly created position of general manager for Puerto Rico marketing, sales, and administration.