Container lines

Hyundai Merchant Marine joined the growing list of liner companies that will stop providing chassis to transport containers in and out of U.S. ports.

CMA CGM on Friday christened the latest in a series of super-large container ships, the CMA CGM Pegasus, in ceremonies at the Malta Freeport Terminal in the Port of Marsaxlokk.

Mediterranean Shipping Co. said it will raise the bunker adjustment factor on Nov. 1 for all cargo from Northern Europe, Scandinavia, the Baltic and the Mediterranean including Israel to the U.S.

OOCL plans to increase freight rates for traffic from Northeast Asia (China, Hong Kong, Taiwan and Korea) to Australia on Oct. 15.

Container terminals and port trucking companies in the Port of New York and New Jersey were still struggling Thursday in foul weather to clear out the backlog of containers that was piled up at the pi

Hong Kong-registered T.S. Lines in November will start offering trans-Pacific service by participating in the China-America West Coast Express service of Hainan PO Shipping.

Wallenius Wilhelmsen Logistics on Wednesday named Christopher J. Connor deputy chief executive officer globally.

Evergreen Group ordered 10 container ships with capacities of 8,000 20-foot-equivalent units, following an identical order on July 2.

Ocean container carriers pulled around 100,000 20-foot equivalent units of capacity from the Asia to North Europe route during the Chinese vacation week as freight rates decline rapidly on weaker-than

Maersk Line is increasingly serving Africa and South America with direct services from Asia as quickening economic growth in emerging markets forces the world's largest ocean container carrier to adju

Standard & Poor's raised the rating on Zim Integrated Shipping Service's bonds four grades to BB+ following its return to profit in the second quarter of 2010.

The World Shipping Council elected Kenji Mizushima, CEO of NYK's Global Liner Management Division, to its board at its semi-annual meeting in September.

State-owned Shipping Corporation of India plans to spend an estimated $4 billion on fleet expansion over the next five years.

Trans-Pacific container lines formed a 16-member shipper advisory board to discuss solutions to problems that provoked complaints by exporters of agricultural goods and other commodities.

Rep. James L.

A.P. Moller-Maersk Thursday said it completed a five-year $6.75 billion syndicated revolving credit facility before an existing facility matures.

TUI's supervisory board approved a refinancing of its Hapag-Lloyd ocean carrier unit that clears the way for the German tourism group to quit the container shipping business.

Spot freight rates in eastbound trans-Pacific trade lanes declined last week to their lowest point since May as carriers expand capacity faster than the growth in cargo volume.

The world's three largest ocean container carriers, Maersk Line, MSC and CMA CGM joined forces to fight piracy in the Gulf of Aden and the Indian Ocean.

“K” Line once again won recognition as a member of the FTSE4Good Global Index, a listing of socially responsible companies that meet certain criteria for investment that include social, ethical and e

Tropical Shipping, a subsidiary of Birdsall, acquired V.I. Cargo Services, a non-vessel operating common carrier serving the island of St. Croix in the U.S.

A draft bill by the House Transportation and Infrastructure Committee would severely control ocean carriers' actions in the marketplace. Its limits would abolish nearly all antitrust immunity.

Damco, the combined logistics arm of A.P. Moller-Maersk, is absorbing the operations of Maersk Distribution Services, the inland distribution and warehousing arm of Maersk Line in North America.

The stars have aligned for container lessors. Tight supplies and rising demand are pushing utilization rates to almost 100 percent and their prices and profits higher.

U.S. containerized imports grew faster than exports during the first half of this year, the first time that has happened since imports’ pre-recession heyday of 2006.

Shippers have until Nov.

Independent truckers on the island of Grand Bahama are protesting a change in the trucking policy that Mediterranean Shipping Co. plans to put into effect on Sept.

Mediterranean Shipping Co. will sue Gulf Rocks, the Kuwaiti owner of MV Khalijia-3, for damages resulting from that vessel's collision with the MSC Chitra on Aug. 7, according to Livemint.com.

If there’s such a thing as a “good” recession, then the world’s largest container terminal operators had it.

MOL has again been selected for inclusion in two separate investment indices of companies that meet international criteria for social responsibility – the Dow Jones Sustainability Asia Pacific Index a

Matson Navigation launched a second trans-Pacific service linking China with Long Beach. The service expands Matson's reach to the South China region.

Hanjin Shipping plans to launch the first non-stop direct service from Vietnam to North Europe in October.

Vessel movements came to an abrupt standstill Sept. 6 at the state-owned terminal in India's Port of Jawaharlal Nehru (Nhava Sheva).

Container ship charter rates are edging higher despite slowing cargo volume and softening liner freight rates as some leading ocean carriers continue to add capacity in a bid to boost market share.

Trade and transport technology providers INTTRA and the Descartes Systems Group are forming an alliance to provide a global network capable of managing the entire ocean cargo shipment lifecycle.

Ocean container carriers, just back to profitability after last year’s steep shipping downturn, face a return to overcapacity in the coming 12 to 18 months because a projected fourth quarter slowdown

The Global Shippers’ Forum called for regulatory reform of the liner shipping industry in Asia at its meeting in Macau last week.

Container volume at APL grew 13 percent in the four-week period ending Aug.

Ocean carrier visions of multiple peak-season surcharges in the eastbound Pacific are vanishing as imports from Asia level off and the market returns to reality.