Container lines

OOCL announced the second phase of its policy to drop chassis coverage as part of its services on Monday, adding seven cities to the areas where it will no longer provide equipment for trucking ocean

The Port of Charleston received its first ship in a joint service between North Europe, the U.S. Gulf and Mexico with the visit of CSAV’s Box Voyager.

Hamburg Sud is adopting the EquipmentRepair system from International Asset Systems to manage its global container maintenance and repair program.

OOCL introduced an application called Mobile Rates of Exchange on Nov. 1 that gives shippers access to inbound and outbound rates of exchange for a particular port from their cell phones.

With more large retail store chains demanding “greener” supply chains, Maersk Line is becoming the first shipping line to receive independent verification of its CO2 emissions data, vessel by vessel.

Breaking with other container lines in the World Shipping Council, the chairman and CEO of Mediterranean Shipping Co. in the U.S.

Mediterranean Shipping Co. will start charging a higher bunker adjustment factor next month on all cargo it carries on its Capricorn Service from Southeast Asia to Australia and New Zealand.

Hanjin Shipping, which operates five Asia-North Europe loops jointly with CKYH, said it will skip one loop in January and plans to skip more voyages on the other four loops to adjust capacity to lower

APL will launch weekly intra-Asia service this month linking China, Indonesia, Malaysia, Singapore and Thailand.

China Shipping Container Lines reported third quarter net profit of $322 million as revenue more than doubled to $1.7 billion.

China Cosco Holdings said it had third quarter net profit of $314 million, compared with a loss of $106 million a year earlier, as higher container volume and rates offset weakness in the company’s bu

Japan’s three largest ocean carriers raised their profit forecasts for the next six months as they reported improved results for the July-September quarter.

Shipping Corporation of India substantially increased profit in the second quarter by eliminating losses from its container operations and markedly improving gains in bulk operations.

CMA CMA added a new import call at Rotterdam on its recently launched French Asia Line service in a move it says will cut transit times between Asia and North Europe.

France's sovereign wealth fund is considering an investment in indebted French shipping company CMA CGM alongside Turkish conglomerate Yildirim, an FSI spokesman said on Thursday.

Hapag-Lloyd will start using a fuel-saving system designed by Eniram, a Finnish software and engineering firm that provides dynamic decision support systems for the shipping industry.

CMA CGM's Victory Bridge's upgraded service will start calling at the Port of Miami in November, providing a new service linking North Europe to the U.S.

Maersk Line, Limited, the U.S. subsidiary of A.P. Moller-Maersk, will help implement a U.S.

The Colonel’s Island Terminal in the Port of Brunswick recorded its highest tonnage volume ever in the fiscal year ended June 30, 2010, as agri-bulk and automobile shipments rebounded from the 2009 re

Hapag-Lloyd plans to raise an additional $210 million from private investors as a part of a refinancing following strong demand for the German ocean container carrier's $700 million bond issue in earl

Horizon Lines said Monday it will add some 12,500 new containers to its international and domestic shipping network to support the launch of its new weekly liner service between China and the U.S.

Fesco, owner of Russia's biggest ocean container carrier, reported first half revenue jumped 34 percent from a year ago, driven by gains at its shipping, logistics, rail and ports units.

Demand for ship operators and freight traders remains strong in Europe and Asia, according the annual Maritime Employment Review for the commercial shipping market published Monday by the Faststream R

APL said Monday it will begin burning cleaner fuel in every vessel calling at the Port of New York and New Jersey.

Somalia-based pirates are holding a German project cargo ship they seized off the coast of Kenya — the second foreign vessel captured in the region in as many days.

Dagfinn Lunde is a long-term optimist and a short-term pessimist.

Shipping, like life, has leaders and followers. Hanjin Shipping, South Korea’s largest ocean shipping company, falls comfortably into the ranks of the latter.

Shipping lines in the trans-Pacific are prepared to reduce capacity during the winter slack season, and shippers are anxious to hear what their plans are.

Throughout its 33-year life, Hanjin has leveraged its growth through vessel-sharing agreements with other carriers.

Container ship line APL continues to make up lost ground. Parent NOL Group posted third quarter net profit of $282 million, a turnaround from a $139 million loss a year earlier.

Seaspan, which owns container ships and charters them to operators, signed two financing transactions that will enable the company to fully finance ships it has ordered without issuing additional equi

Domestic ocean carrier Horizon Lines said soft mid-year shipping volume produced declines in third-quarter net profit and operating income despite higher revenue from logistics services and fuel surch

CMA CGM will launch direct service to Vietnam from northern Europe on Nov. 9, deploying the largest container ships to serve the Asian nation.

Orient Overseas Container Line reported third quarter revenue soared 65.5 percent from a year ago to $1.57 billion driven by sharply higher cargo volume and freight rates across its global network.

Trucking company Old Dominion Freight Line is expanding an overseas partnership aimed at expediting less-than-containerload freight shipped to the U.S. from China.

The Grimaldi Group will recommence service between the Mediterranean and West Africa with the launch Oct. 26 of its "Mediterranean Express" service.

A Somali national who pleaded guilty to piracy charges still awaits sentencing after postponement of a hearing in New York Tuesday.

The French government Oct.

The MSC Emanuella, the latest of Mediterranean Shipping Co.’s super sized container vessels, made its first call at the Port of Salalah in Oman on its maiden voyage Wednesday.

Costamare, the Greek charter container ship owner, plans to raise up to $260 million in an initial public offering on the New York Stock Exchange.