Container lines

The owners of Hapag-Lloyd hired three investment banks to prepare for a possible initial public offering for the German ocean container carrier in 2011, the TUI travel company and the Albert Ballin co

AGL Resources agreed to acquire Nicor, parent of Caribbean carrier Tropical Shipping, in a $2.38 billion cash-and-stock deal that would combine two regional natural gas distributors.

Ocean container carriers may struggle to push through freight rate hikes planned for January, an analyst said.

APL’s average revenue per container fell 4.1 percent from the month before in the container line’s November reporting period, the third straight month-to-month slide in pricing despite the carrier’s s

The New York Shipping Association sued the International Longshoremen's Association and its New York-New Jersey and Philadelphia locals for more than $5 million in damages from a

While regulations on ship emissions are constantly shifting, carriers themselves are trying to stay ahead of government mandates by cutting their carbon footprint, with container&n

Nicor, the Chicago-area natural-gas utility that owns Tropical Shipping, is seeking a buyer, according to Bloomberg News, which quoted people with knowledge of the matter.

A U.S. District Court for the second time dismissed a class-action shipper lawsuit accusing Horizon Lines and Matson Navigation of price-fixing on routes between the U.S.

The Federal Maritime Commission will receive Commissioner Rebecca F. Dye's report on her eight-month investigation into ocean carrier capacity and equipment shortages on Dec.

SeaFreight Line will launch a weekly fixed-day service to Costa Rica and Nicaragua in December.

CMA CGM cut the amount of carbon emitted by its fleet of containerships 15 percent in the last five years, the ocean carrier said Wednesday.

Wal-Mart, Walgreen, Unilever, Del Monte and Kraft are among an expanded list of shippers that have asked to be excluded from a $52.25 million class-action settlement for price-fixing that carriers in

The World Shipping Council and International Chamber of Shipping are calling for international regulations to require all loaded containers to be weighed at the marine terminal before they are stowed

The Shanghai Containerized Freight Index spot rate for shipments to the U.S.

Hanjin Shipping confirmed it plans to introduce a new AWE service, the AWE-6, from Asia to the U.S. East Coast via the Suez Canal next year.

CMA CGM announced rate increases and new peak season surcharges that will take effect in the next month or two on several of its trade lanes.

Mediterranean Shipping Co. is advising its customers this week of a series of rate increases and changes in various surcharges that will take effect within the next month.

The Federal Maritime Commission in 2011 will focus on the "Three Cs," containers, contracting and capacity, according to Chairman Richard A. Lidinsky Jr.

Ocean container carriers are set to earn an all time high profit of $13 billion in 2010 after posting a record loss of $15 billion a year ago, a leading analyst forecast.

Vessel overcapacity for container ship lines is expected to worsen through April and persist through 2011, Paris-based SeaAxis said in its quarterly report on container shipping.

Somali pirates captured a Malaysian container ship and its crew on Friday in the Indian Ocean.

TUI, the German travel company that owns the biggest stake in Hapag-Lloyd, is working with three banks to prepare the sale of its stake in the container line, according to a report by Bloomberg News.

Ocean customers in the eastbound Pacific aren’t batting an eye over carrier intentions to increase freight rates by $400 per 40-foot container to the West Coast and $600 to inland and East Coast

Surprise visitors arrived at the headquarters of Horizon Lines, Sea Star Line and Crowley Maritime on April 17, 2008.

French ocean carrier CMA CGM, in a broad overhaul of the its troubled finances, said Friday it has a new agreement to restructure its huge debt and also expects to get a new $150 million cash injectio

Israeli ocean carrier Zim turned a $37 million net profit in the third quarter after losing $208 million a year ago as increased cargo volumes, higher freight rates and lower costs helped the company

Maersk Line is close to placing an order for up to 20 container ships that would each be able to transport 18,000 20-foot ocean containers, breaking through industry standards for carrying capacity.

Container line CMA CGM announced an agreement Thursday with Turkey-based investment firm Yildirim Group that will push $500 million into the debt-ridden French carrier.

Evergreen Line is entering into a vessel-sharing agreement with intra-Asian carrier MMC Transport to launch the Malaysia - Bangladesh Shuttle service.

Matson Navigation, joining the move by ocean carriers to announce price increases early heading into the New Year, said Thursday it plans to freight rates between Hawaii and the mainland by $120 per w

Port Metro Vancouver hit the high point in container traffic in the port authority&rsquo;s nearly three years of existence in October, with volume growing 19.5 percent over the same month a year ago.<

The end is near for the Federal Maritime Commission&rsquo;s high-profile investigation into carrier capacity and equipment shortages.

Leading containership charter owner Costamare reported lower revenues and profits in the third quarter, but the company said they are optimistic about future growth.

APM Terminals, the terminal-operating arm of A.P.

London — Maersk Line is settling a $13.9 million lawsuit by British retailer Argos claiming the Danish ocean carrier breached its contract with the shipper for Asia-Europe transport.

Shippers, you&rsquo;re on notice: Even if your cargo isn&rsquo;t destined for Europe, effective Jan.

When 2010 opened, container shipping analysts predicted the federal stimulus program and rebuilding of retail inventories would drive rapid growth in the first half of the year, but imports would slow

China said Friday it was sending a warship to help a COSCO Shipping cargo ship that was attacked by pirates in the Indian Ocean near East Africa.

Shipping lines in the eastbound Pacific announced a target Friday of increasing freight rates $400 per 40-foot container to the U.S.

The state-owned Shipping Corporation of India will launch a container service between the Indian subcontinent and East Africa, starting at the end of November.