Container lines

India’s Port of Chennai, rattled by serious congestion since mid-November, faces more delays as a three-day local festival holiday begins Friday.

Hamburg Sud North America on Thursday announced the realignment of its top management team. Three executives assumed new responsibilities.

The members of the Caribbean Shipowners Association announced Thursday a series of general rate increases over

Port Klang, Malaysia's largest container port, expects double-digit growth in cargo this year, the Port Klang Authority said.

Crowley Maritime named Tony Otero vice president of the Dominican Republic, Haiti and Cuba liner services.

The global container industry is headed for long-term growth, thanks to increasing population and incomes in developing countries and a tendency for world trade to expand faster than GDP, the head of

The Port of Charleston will move to a single-gate operating system on Jan. 18 to streamline operations, the South Carolina State Ports Authority said Wednesday.

The Federal Maritime Commission is ordering three global vessel alliances to provide more timely reports on changes in vessel capacity in the U.S. trades.

Hapag-Lloyd said Wednesday it will apply emergency congestion surcharges on all containerized cargo moving through India’s Port of Chennai.

Crowley Maritime promoted David Nickless to vice president of finance and planning for Crowley's shipping and logistics business line.

TRAC Intermodal extended its web-based TRAC Connect program to the South Atlantic.

Drewry Shipping Consultants is forecasting average ocean freight rates on major east-west trade lanes will decline 7 percent this year as large ocean carriers once again gear up for a fight for market

Mediterranean Shipping Co.

Chilean carrier CSAV is adding the Port of Savannah to the port rotation of its all-water service from Asia to the U.S. East Coast, the Georgia Ports Authority said Monday.

Some ocean carriers are suspending delivery of hazardous materials at Thailand ports because of a new Thai regulation requiring advance payment of insurance.

Mediterranean Shipping Company announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, starting Feb. 1.

Containerized ocean carriers enter 2011 riding a wave of upbeat news.

Federal Maritime Commission Chairman Richard A. Lidinsky Jr.

The ports of Los Angeles and Long Beach and APL launched a three-year trial of a seawater scrubber technology that promises significant reductions in harmful emissions from the auxiliary engines of co

China Cosco Holdings said it expects to close its books on 2010 with record net profit driven by global economic recovery and a healthier market for shipping.

A consortium of four carriers plan to start a new weekly service between Northern Europe and the east coast of South America in March.

Japanese forwarder Yusen Logistics at an extraordinary board meeting on Wednesday promoted Hiromitsu Kuramoto to president and representative director, effective April 1.

After two months in which it increased its bunker surcharges, Mediterranean Shipping Co. will lower the surcharges slightly for imports into the U.S. as of Feb. 1.

The Port of Montreal reported a 6.1 percent increase in container traffic for 2010, outpacing growth in dry and liquid bulk cargoes.

Eastbound spot rates on the trans-Pacific opened the New Year with a hefty jump as shipping lines put peak season surcharges into effect until the Chinese New Year.

Maersk Line is forecasting an even balance between container vessel capacity and shipping demand this year even as the supply of new vessel capacity is expected to grow 9 percent.

Ship owners and operators are betting their future profitability on super-sized container ships and must delay deliveries of additional vessels to avoid overcapacity and plunging rates, a European shi

Japanese carrier MOL expects improved results from container shipping to push the group's ordinary income "much higher" than the $1.2 billion previously forecast for the current fiscal year.

The supply of container ship capacity will outstrip the growth in demand for vessel space this year and next as more new container ships are delivered in the two-year period, the president of NYK Line

The top 20 container lines increased their operated capacity 14 percent over the last 12 months, as the strong recovery in freight volume led carriers to take on new tonnage over 2010, Alphaliner repo

State-owned Shipping Corporation of India announced a general rate increase on the westbound trades from India to Europe, as part of what it calls a rate restoration program.

When global trade collapsed in 2009, most container lines cut back on services and idled ships. Mediterranean Shipping Co.

Taiwanese ocean carrier Evergreen Line and Middle East-based Simatech Shipping will launch a joint container service connecting key ports in the Indian subcontinent and China.

Rotterdam, Europe’s largest port, said total cargo volume hit a record high in 2010, buoyed by record container traffic driven by surging world trade and a booming German economy.

Ocean container carriers will levy an average fee of $25 per bill of lading for all cargo entering the European Union in 2011 when the bloc’s advanced manifest rule comes into effect.

United Arab Shipping Company will seek a general rate increase on the westbound trade from India to Europe and the Mediterranean, as part of a new rate restoration program.

Diana Shipping, the NYSE-listed dry bulk ship owner, is to spin off 80 percent of its majority-owned container shipping unit through a separate listing on NASDAQ.

Antwerp boosted container traffic by 16.1 percent in 2010 from a depressed 2009, helping the port to retain its ranking as Europe’s second largest box port after Rotterdam.

CSAV will pay nearly triple its current ship charter rate to extend use of a medium-sized container ship for 12 months, a stark sign of rapidly rising in the market for chartering vessels.

A record 61 container ships of more than 7,500 TEUs capacity were delivered in 2010 and even more will join the world box ship fleet in 2011, according to a leading industry analyst.