Container lines

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.

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

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

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.

Hanjin Shipping will increase its freight rates on the Asia-Europe and trans-Atlantic trades as of April 1.

Average spot rates on a key trans-Pacific container route posted their third consecutive weekly decline and are 37.2 percent below their peak last August, Drewry Shipping Consultants reported.

The six member carriers of the U.S.-Australasia Discussion Agreement announced a general rate increase that will take effect on April 15.

American Feeder Lines, which is seeking financing for a U.S.-flag coastal service, said it will launch weekly container ship service this spring between Halifax and the U.S.

OOCL plans to stop providing chassis for import and export haulage at nine more U.S. cities as of May 1.

The CKYH Green Alliance of four Asian ocean container carriers is boosting capacity on Asia-North Europe routes with the addition of a new service.

Container ship lines are poised to break a years-long pattern of vessel capacity expanding faster than cargo volume but only if they avoid another ship-ordering binge, Dynamar says in a report profili

CMA CGM thinks the supply of vessel capacity on the trans-Pacific this year needs to be expanded to meet growing demand in both directions, so it and its

Maersk Line plans to enhance its trans-Pacific service network at the end of May by expanding port coverage to the Yangtze River and other outlying cities.

NYK Logistics (Americas) announced Monday that Michael Noone is joining the company as chief operations officer on March 1.

Ocean container carriers are losing money on key trade lanes, including the Asia-Europe route, as margins come under increasing pressure from rising fuel prices and weakening freight rates, according

Maersk Line launched a new weekly service this month linking ports on the U.S. East Coast with Peru and Ecuador.

German ocean carrier Hapag-Lloyd, which came close to collapse during the container shipping slump, earned a record $1.25 billion in 2010 compared with a year earlier loss of $142 million as the globa

Maersk Line’s recent order for 10 ships with capacities of 18,000 20-foot equivalent units apiece cements its position as the world’s largest container line, according to Alphaliner.

In two decades as a shipper and a motor carrier, Craig Dickman grew increasingly dissatisfied with what he calls the “black box” of diesel fuel surcharges.

CSAV, CMA CGM and China Shipping Container Lines will pool vessels in a new service starting in April between Asia and Mexico's West Coast, the Caribbean and the north coast of Brazil.