Container lines

The Indian Coast Guard foiled an attempted pirate attack Friday by two skiffs that were closing in on a CMA CGM container ship in the Arabian Sea about 300 miles off the coast of southern India.

The Suez Canal remained open Friday as riots against Egyptian President Hosni Mubarak spread across Egypt, raising concerns the protests could disrupt oil transport and other shipping.

Maersk Line refuted a report Friday that it stopped handling cocoa exports from Ivory Coast and is not taking new orders for imports in to the country.

Jacques Saade returned to the position of chief executive of CMA CGM as Turkish investors injected $500 million into the French ocean container carrier.

Hanjin Shipping swung into the black in 2010, riding higher demand and stronger freight rates to a $229 million net profit after losing $1.1 billion 2009.

OOCL's revenue jumped 41.9 percent to $1.5 billion in the fourth quarter on strong gains in demand and pricing, parent OOIL said Wednesday.

The Federal Maritime Commission on Wednesday closed the book on a 16-year-old proceeding that once threatened a trade war between the U.S. and Japan.

Infrastructure remains a challenge for ship lines, says Juergen Pump, senior vice president of Hamburg Sud North America.

The global container market may grow by more than 8 percent this year, according to A.P. Moller-Maersk CEO Nils Smedegaard Andersen.

Horizon Lines says the eastbound trans-Pacific service it launched in December is providing 15-day transits from Shanghai to Kansas City through Los Angeles.

Korea Line filed for a court receivership on Tuesday in the wake of losses caused by the global oversupply of bulk vessels and low freight rates.

The Jacksonville Port Authority is delaying for as long as two years construction of the new container terminal it will build in North Jacksonville for Hanjin Shipping.

Hamburg Sud North America, joining the push by ocean carrier to narrow equipment services, said Monday it will stop providing chassis to shippers moving containers with merchant's haulage through Phil

The six members of the Caribbean Shipowners Association will hike their bunker surcharge on containerized cargo as of Feb. 27.

Container shipowner Costamare completed financing for a $285 million contract to buy three vessels of 9,000 20-foot equivalent units capacity to be built in China.

Container ship charter rates are edging higher as ocean carriers compete for a limited volume of available tonnage to keep pace with strong cargo demand on key trade routes.

A.P. Moller-Maersk is targeting emerging markets as a growth area for its business in 2011.

Ocean carriers are losing their bet that they could keep freight rates high this winter during the post-holiday season without cutting capacity, and they could risk losing their antitrust immunity und

A threatened conflict over chassis repairs in Atlantic and Gulf ports appears to have been settled in favor of the International Longshoremen’s Association.

National retailers and importers call the idea of spreading use of major North American gateways around the continent a four-corners strategy of supply chain management. That puts U.S.

The 1998 Ocean Shipping Reform Act redefined the Federal Maritime Commission from a regulator of tariffs to one of the shipping industry.

Crowley and Seaboard Marine, members of the Florida-Bahamas Shipowners & Operators Association, will increase their bunker surcharges on all imports and exports carried under all tariff and service co

CSAV, CMA CGM and China Shipping, are upgrading the size and number of ships they operate under a vessel-sharing agreement between Asia, Mexico, Central America and the West Coast of South America.

DHL launched a direct less-than-containerload service from India’s largest container port of Nhava Sheva (Jawaharlal Nehru) to Durban, South Africa.

Container ship owner-charterer Seaspan said it plans to issue preferred stock to raise money for general corporate purposes that may include vessel acquisitions or investments.

Zim American Integrated Shipping, a subsidiary of Zim Integrated Shipping Services, is launching a direct container service between Mexico and Tampa, the Tampa Port Authority said Wednesday.

Thailand is delaying implementation of a new insurance requirement that had sent U.S.

Ocean container carriers face overcapacity for at least another 12 months as the supply of new ships outpaces slowing cargo demand, an industry analyst forecast.

The Port of Seattle had a banner year in 2010, with containerized imports increasing 46.6 percent, containerized exports up 19.3 percent and total international containers up 34.9 percent.

Nordana will add regular calls at Savannah’s Liberty Terminal to its Mediterranean-Americas service, beginning with the sailing of the Schackenborg on March 5.

After falling for 15 months in a row, Japanese export ship orders rose for the 13th consecutive month in December on a year-on-year basis, soaring 162.1 percent to 1,236,270 gross tons, according to f

Stefan P. Weber is now head of carrier management for Damco in North America, the company said. Weber assumed his new position role as of Jan.

Trade groups are launching a new effort to get Congress to repeal ocean carriers’ immunity to antitrust laws.

OT Africa Line restructured its roll-on, roll-off service from Europe to Africa by adding a fifth ship to the service line, the company said Tuesday, in an effort to offer more frequent sailings depar

Ocean shipping lines that have kept vessel capacity at peak-season levels through January are starting to announce cuts to take effect after the Lunar New Year.

Hanjin Shipping took delivery of two new post-Panamax containerships with capacities of 8,600 20-foot-equivalent units of containers, the South Korean liner company said Tuesday.

The International Longshoremen's Association won assurances its members will still maintain and repair chassis previously provided by ocean carriers but now rented to truckers by leasing companies.

Dave Akers is trying to sort out what’s real and what’s not in all of last year’s ocean carrier announcements of new peak season surcharges on the trans-Pacific starting Jan. 1.

The stunning increase in super-post-Panamax container ships provides carriers with economies of scale and a tricky management challenge.

Flexi-Van Leasing will add Jacksonville to the list of South Atlantic depots where the company offers its FlexiDay program for daily chassis rentals to motor carriers.