Container lines

Cheng Lie Navigation, the Taiwanese carrier that is majority-owned by CMA CGM, is launching three new services and upgrading a service linking China to Southeast Asia to meet growing demand on the int

Container ship supply will grow more slowly than forecast, allowing demand to catch up with capacity by 2015 and support higher rates, an industry analyst predicts.

The World Shipping Council said it appointed Morten H. Engelstoft, chief operating officer of Maersk Line to its board to fulfill the unexpired term of retiring director, Knud Pontoppidan of A.P.

With capacity tight and demand strong on the trans-Pacific trade, the world’s three largest container lines are restoring a joint service to the U.S.

With capacity tight and vessel demand strong entering the peak season, Mediterranean Shipping Co.

Hanjin Shipping took delivery of its first container ship with a capacity of 10,000 20-foot equivalent containers units on Wednesday.

French ocean carrier CMA CGM denied media reports that it offloaded some of its debt to its NYSE-listed affiliate Global Ship Lease.

The growth of demand from emerging economies, especially China, is helping the global shipping industry recover from recession faster than forecast and will absorb excess vessel capacity, the new pres

Ocean container carrier APL held a naming ceremony for the APL Sri Lanka, a newly built vessel, at the state-owned Jaya Container Terminal in Colombo, Sri Lanka.

Prices for new maritime containers are close to the highest point in 20 years, driven by a rush of new orders from ocean carriers and container leasing companies in response to a growing shortage of b

Crowley Maritime is realigning its liner and logistics sales, pricing, customer service and marketing groups and reassigning several of its senior executives to new responsibilities.

The United Seamen's Service said it will award its Admiral of the Ocean Sea Awards for 2010 to Thomas J. Bethel, national president of American Maritime Officers, and to William A.

Former Matson President and CEO Michael S. Wasacz died June 20 in San Francisco at age 73.

Chilean carrier CSAV called APM Terminals' New York-New Jersey terminal Monday on the initial voyage of the carrier's new Panama Canal service from Asia to Central America, the Caribbean and the U.S.

The surge in imports from Asia that has caught carriers and their customers by surprise will continue at least into the autumn peak-shipping season, says a shipping executive.

Diana Containerships, a majority-owned subsidiary of the Greek dry bulk shipowner Diana Shipping, acquired two new container ships 10 weeks after its establishment.

Evergreen Line said the officers and crew of its container ship Uni-Pacific rescued seven Indonesian seafarers who had fallen into the Java Sea near Jakarta on June 16.

The volume of containers transported by APL in May rose 34 percent from a year earlier, as its average revenue per 40-foot container climbed 19 percent, which reflected the start of annual increases i

Major ocean carriers operating to and from India plan to increase rates on key trade lanes, starting in early July.

Debbie McMillan, director of operations at Derco Foods in Fresno, Calif., was surprised recently when an ocean carrier representative said her exports of dried fruits and nuts were not paying “m

European Union regulators cleared Danish shipping line DFDS to complete its $425 million acquisition of rival roll on-roll off carrier Norfolkline from A.P.

Overseas Orient Container Lines is raising rates next month for shipments from South China to Australia, adding new lanes to the price hikes the operator has been announcing in the Australia trade.

The Drewry trans-Pacific Container Rate Benchmark jumped 18.9 percent in the past week to the highest level ever in the five-year history of the trans-Pacific spot pricing index.

Maersk Line said it will start manufacturing new containers in response to an “unprecedented” sh

Hapag-Lloyd and Evergreen Line announced plans to increase rates on some of their India services.

Severe terminal congestion at India’s Port of Jawaharlal Nehru prompted shipping lines to divert northern hinterland cargo to neighboring west coast ports such as Pipavav and Mundra.

The first vessel on a new all-water service operated jointly by MOL and “K” Line called at Jacksonville early Wednesday.

Maersk Line is telling its customers to expect a shortage of container availability for exports out of Asia lasting through the peak season.

Panama’s Cabinet Council on Tuesday approved the Panama Canal Authority’s proposed toll increases, which will result in tolls on container ships rising nearly 14 percent when they tak

“K” Line acquired a 51 percent share in the U.S.-based logistics service provider Air Tiger Express Companies.

APL Ltd. was chosen as the top carrier for the second consecutive year in the Agriculture Transportation Coalition's annual survey of ocean carrier performance.

The Containerization & Intermodal Institute said Tuesday it will present the 2010 East Coast-based Connie Awards to J. Russell Bruner, Chairman and CEO of Maersk Inc., and James I.

The Port of Salalah appointed Shiva Dean to the position of chief commercial officer.

Container carrier APL entered a vessel-sharing agreement with Hapag-Lloyd, CMA CGM, NYK Line and Orient Overseas Container Line on the India-America-Express Service, effective this month.

OOCL said Monday it will extend and upgrade its intra-Asia KTX3 service as of June 27 with new calls at Singapore, Jakarta and Port Kelang, and increased frequency to and from Jakarta.

OOCL said Monday it is increasing freight rates as of July 15 for cargo it transports from Northeast Asia (China, Hong Kong, Taiwan, Japan and Korea) to Australia.

OOCL said Monday it launched a new technology called Mobile Vessel Tracking that enables shippers to search and track any OOCL vessel using their mobile devices.

West Coast ports face political threats that could stifle the nascent commercial recovery they are experiencing, according to the president of the organization that represents shipping lines and termi

Ocean vessel operators are watching talks in Congress over potential changes in oil pollution liability limits for the impact legislation responding to the Deepwater Horizon disaster could have on car

The Journal of Commerce’s Annual Top 100 Importers and Exporters ranking is based on data from PIERS Global Intelligence Solutions, a JOC sister company, and other industry sources.