Container lines

Maersk Line is set to unveil a peak-season surcharge on the Asia-Europe liner trades in mid-July.

An ocean carrier representative, responding to a sharp broadside from a congressional leader, said legislators should be cautious about imposing new regulations on container ship lines because of prob

CMA CGM will share space on Maersk Line’s FM3 service linking the Far East and Indian subcontinent, which will add a direct call at Shanghai.

SAN FRANCISCO — The Westbound Transpacific Stabilization Agreement, responding to criticism this year of carrier moves on rates and capacity, is forming an advisory board with shipper members to

Container carrier Samudera Shipping Line upgraded its feeder connections between India’s eastern Port of Kolkata and Singapore.

SAN FRANCISCO — Shipping lines are implementing measures in westbound Pacific lanes that should provide a long-term solution to capacity and equipment shortages hitting U.S.

Rickmers Maritime, the Singapore-listed container ship charter owner whose survival during the trade and economic recession was in doubt, won a five-year extension to repay a $130 million top-up loan

Major ocean carriers plan to raise rates on India-U.S. trade lanes as demand picks up.

Maersk Line and Hamburg Sud will add a second string in their service between Asia, South Africa and the East Coast of South America in July in response to increased cargo demand during the peak shipp

The Panama Canal Authority awarded Belgian maritime projects specialist Dredging International a contract to dredge the man-made Gatun Lake, a major step in expanding the canal’s ability to hand

Rickmers-Linie launched a breakbulk, project cargo and heavy-lift liner service linking North Asia with the U.S. East Coast and South America.

Israeli ocean container carrier Zim Integrated Shipping Services has signed a non-binding agreement to sell its stake in an unnamed non-Israeli marine services company for between $130 million and $17

Container lines are steadily returning vessel strings to the trans-Pacific trade, but not fast enough to relieve capacity constraints in both directions.

Seaspan said it bought a new container ship this week from China’s Zheijiang Shipbuilding, the first vessel the maritime charter operator has purchased since 2007.

Danaos, the Greek container ship charter owner, swung to a $101.1 million first quarter net loss from a $20 million profit a year ago due to losses on interest rate swaps and the cost of cancelling an

Ocean carriers have absorbed nearly 100 container ships with a combined capacity of 554,000 20-foot equivalent units by introducing extra slow steaming on key liner trade routes, according to a new re

Maersk Line is offering shippers the option of paying a fee for priority loading of their cargo on a particular vessel on many global services, except those to and from North America.

Hapag-Lloyd plans to raise freight rates on major trade lanes covering the Indian subcontinent and the Middle East, starting in early July.

Six international engineering companies submitted bids Tuesday to dredge an area of the Panama Canal’s man-made Gatun Lake that is central to the massive project to upgrade the canal and its cap

Orient Overseas Container Lines took delivery Tuesday of the last in a line of 16 vessels with a capacity of 4,578 20-foot equivalent container units that it ordered from Samsung Heavy Industries.

The European Union is launching an investigation into whether the largest container lines have engaged in price-fixing, according to the Wall Street Journal.

Hanjin Shipping said Tuesday it will start converting its fleet of refrigerated containers this month over to what it calls “eco-friendly” reefers.

Rising volumes and rates are starting to yield profits for container ship lines, but the industry still faces a vexing problem: what to do with all those ships ordered a few years ago.

Orient Overseas Container Line effective July 1 will increase its rates from Southeast Asia, the Indian subcontinent and the Middle East to Australia by $250 per-TEU.

With public budgets stretched thin, governments should be doing more to encourage private investment in needed infrastructure, the CEO of Neptune Orient Lines told an international panel of transport

Zim Integrated Shipping Services narrowed its first quarter loss to $82 million from $119 million a year ago as increased cargo volumes outweighed lower ocean freight rates.

Maersk Line said it will implement previously announced rate hikes on the trans-Atlantic trades in the second half of the year despite a recent improvement in market conditions.

A.P. Moller-Maersk agreed to sell its UK supermarkets business to U.S. retailer Wal-Mart for $1.1 billion, continuing a disposal of non core operations to focus on shipping and energy.

Danaos cancelled an order for three container ships at a South Korean shipyard, the NYSE-listed container charter shipowner confirmed Thursday.

LONDON – A European shipowner canceled an order for three container ships because it could not finance the $300 million contract with a South Korean shipyard.

Evergreen Line and China Shipping Container Lines are teaming up to start a trans-Pacific service later this month linking Los Angeles and Oakland with central and northern China.

The World Shipping Council appointed John Butler as its general counsel.

Hapag-Lloyd plans to implement general rate increases for cargo shipped from North America to ports in the Indian subcontinent and the Middle East, effective July 1.

The idled container ship fleet shrunk by nearly one million 20-foot equivalent units in the past six months as ocean carriers launched new services to keep pace with rising cargo demand in the summer

In a strong sign that global container volume is rebounding from the global recession, Neptune Orient Lines reported Monday that the volume of containers carried by its liner subsidiary APL rose 34 pe

Container ship lines may be "shooting themselves in the foot" by restoring vessel capacity faster than cargo volumes rise, a new report by Axis Intermodal UK warns.

Container volumes at West Coast ports followed an upward trend in April, with most of the ports reporting increases in imports and exports.

With vessel capacity tightening and demand increasing on the trans-Atlantic, OOCL Thursday announced it will increase freight rates in both directions starting July 1.

Asian economies are leading the recovery of international container trade volume, but strong growth across the region could see pressure on freight infrastructure re-emerge, a senior executive of cont

The world’s top container lines lost an average of $1,500 per 20-foot equivalent unit of fleet capacity while racking up an estimated $15 billion in operating losses last year, AXS-Alphaliner re