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The latest Container lines News & Analysis
Hapag-Lloyd Hikes India-South America Freight Rates
JOC Staff |
Hapag-Lloyd will apply a general rate increase on all cargo moving on its services from the Indian subcontinent and the Middle East to South America East Coast.
Maritime
Container lines
Forwarding
Hamburg Sud to Launch North Europe-Israel Loop
Peter T. Leach |
Hamburg Sud plans to end its joint service with Zim Integrated Shipping Services from North Europe to Israel in October and launch its own independent service.
Maritime
Container lines
Forwarding
Port Nehru Denies Reports of Congestion
JOC Staff |
India’s Port of Jawaharlal Nehru said operations at its three terminals improved considerably over the last two months.
Maritime
Container lines
Forwarding
Large Container Ships Make More Calls at Rotterdam
Joseph Bonney |
Very large container ships -- with capacities of more than 10,000 twenty-foot-equivalent units -- made 70 calls during the first half of this year at Rotterdam, where they loaded and discharged an ave
Maritime
Container lines
Forwarding
Maersk Orders 34 Slow Steaming Upgrade Kits
Bruce Barnard |
Maersk Line signed a contract with Finland’s Wartsila Corporation to install Slow Steaming Upgrade kits on 34 of its large ocean container vessels.
Maritime
Container lines
Forwarding
MOL Chooses Descartes for EU Security Filings
Peter T. Leach |
MOL selected Descartes Systems to help manage its container division's EU Import Control System customs filings.
Transport, Trade and Regulation News
Container lines
APL Adds Congestion Surcharge on Freight to India
JOC Staff |
Singapore-based ocean carrier APL said it will apply a congestion surcharge on all containerized cargo shipped from the Middle East to the Port of Nhava Sheva (Jawaharlal Nehru), India’s largest
Maritime
Container lines
Forwarding
A.P. Moller-Maersk Completes Sale of Norfolkline
Bruce Barnard |
A.P. Moller-Maersk completed the sale of its roll-on, roll-off freight shipping company Norfolkline to Danish shipping line DFDS on July 12.
Maritime
Container lines
CMA CGM Rejects Qatari Cash Injection
Bruce Barnard |
French ocean carrier CMA CGM rejected a capital injection from Qatar Holding and will search further for outside investors.
Maritime
Container lines
Forwarding
CMA CGM Christens Flagship
Peter T. Leach |
CMA CGM christened its gigantic flagship CMA CGM Christophe Colomb in ceremonies in Le Havre July 12.
Maritime
Container lines
Forwarding
CMA CGM Extends Black Pearl Service to South America
Peter T. Leach |
CMA CGM said it will extend its Black Pearl Service between ports on the East Coast of North America and the Caribbean to two new ports in Northern South America as of July 16.
Maritime
Container lines
Forwarding
OOCL Hikes Southeast Asia-Australia Freight Rates
Bill Mongelluzzo |
Orient Overseas Container Line effective Aug. 1 will increase its freight rates by $250 per TEU on shipments from Southeast Asia to Australia.
Maritime
Container lines
Forwarding
OOCL to Impose Montreal Low Water Surcharge
Peter T. Leach |
OOCL said Friday that it will put a surcharge on all cargo moving through the Port of Montreal as of July 19 because “reduced water depth negatively affects the loadable capacity of each sailing
Maritime
Container lines
Forwarding
Hanjin Moves to Resolve Container Dispute
Peter T. Leach |
Hanjin Shipping is moving to identify and isolate the 5,900 containers it leases from container lessor Unitas to protect its customers against any disruption from its legal dispute with Sumitomo Mitsu
Maritime
Container lines
Forwarding
Maersk Postpones Asia-Europe Peak Surcharge
Peter T. Leach |
Maersk Line confirmed that it is postponing by two weeks the implementation of the increase in the peak season surcharge on Asia-Europe cargo that it announced on June 15.
Maritime
Container lines
Forwarding
CMA CGM, APM Swap Terminal Stakes
Bruce Barnard |
French ocean carrier CMA CGM and APM Terminals, the Danish port operating company, traded stakes in container terminals in Dunkirk, France, and Mobile, Ala.
Maritime
Container lines
Forwarding
Hapag-Lloyd Executive Board Member Resigns
Peter T. Leach |
Hapag-Lloyd said Friday that Roland Kirch, a member of its executive board and director of development, markets and works, left the company at his own request on June 30.
Maritime
Container lines
Hapag-Lloyd Hikes India-Australia Freight Rates
JOC Staff |
Hapag-Lloyd will seek a general freight rate increase on all cargo moving on its services from the Indian subcontinent to Australia.
Maritime
Container lines
Forwarding
CMA CGM to Stop Providing Chassis in US
Peter T. Leach |
CMA CGM plans to gradually phase out providing chassis to truckers at terminals throughout the United States on a schedule starting on the East Coast in October and ending on the West Coast in March o
Maritime
Container lines
Forwarding
DHL Launches India-Los Angeles LCL Service
JOC Staff |
DHL launched direct less-than-container-load services connecting India’s largest container port of Nhava Sheva (Jawaharlal Nehru) to Los Angeles.
Maritime
Container lines
Forwarding
CSAV Adds Asia-South Africa Route
Joseph Bonney |
Chilean carrier CSAV will launch a weekly container ship service at the end of July to connect north and central China with South Africa.
Maritime
Container lines
Forwarding
Three Carriers Add Congestion Charge at Nehru Port
JOC Staff |
Three major ocean carriers covering the trade to and from India plan to impose an emergency congestion surcharge on all import containers handled at the Port of Nhava Sheva (Jawaharlal Nehru), the cou
Maritime
Container lines
Forwarding
A.P. Moller-Maersk Hikes 2010 Profit Forecast
Bruce Barnard |
A.P. Moller-Maersk raised its 2010 profit forecast, saying in a statement July 8 that an improvement at its ocean container carrier Maersk Line has been "greater than envisaged."
Maritime
Container lines
Forwarding
CMA CGM Hikes Rates Across Network
Bruce Barnard |
CMA CGM July 7 announced a series of rate hikes across its global liner network and confirmed a peak season surcharge on the Asia-North Europe route.
Maritime
Container lines
Forwarding
CMA CGM Sets Investor Deal Deadline
Bruce Barnard |
CMA CGM plans to reach agreement with new investors over a stake in the ocean container carrier by the end of July, the company said as it unveiled sharply higher first quarter profit and revenue.
Maritime
Container lines
TUI Hikes Hapag-Lloyd Profit Forecast
Bruce Barnard |
TUI AG expects its 43.3 percent stake in Germany's biggest ocean carrier Hapag-Lloyd to generate higher profit than initially forecast due to a "notable" recovery in global container shippin
Maritime
Container lines
Forwarding
OOCL Appoints New Senior Managers
JOC Staff |
OOCL on Tuesday named three senior managers to new positions as of Aug. 1.
Maritime
Container lines
Forwarding
SCI Hikes India-Europe Rates
JOC Staff |
The Shipping Corporation of India will apply a new general rate increase on cargo moving on its Indian subcontinent-Europe Service (ISES), effective July 11.
Maritime
Container lines
Forwarding
Container Shipping Rates to Hit Pre-Downturn Levels, Maersk Says
Bruce Barnard |
Ocean shipping container freight rates likely will return to levels reached before the global economic recession by the end of this year, according to Maersk Line.
Maritime
Container lines
Forwarding
Shipping Lines Warn UK on Crew Pay
Bruce Barnard |
Major shipping companies are warning the British government they may re-register vessels abroad due to new rules in the UK on pay for foreign workers.
Maritime
Container lines
Forwarding
LA-Long Beach Talks Yield Little Progress
Bill Mongelluzzo |
Negotiators for striking office clerical workers in Los Angeles-Long Beach and their employers bargained all day Saturday but made little progress toward a new contract.
Maritime
Container lines
Forwarding
North American ports
Trucking labor
Terminals Scramble to Beat the Peak
Bill Mongelluzzo and William B. Cassidy |
Wyatt Transfer, a drayage operator that serves the Virginia ports, has a problem most harbor trucking companies would have loved to have had last year: more business calls coming in than the company m
Maritime
Trucking News
Container lines
Forwarding
Bigger Bite of The Apple
Peter T. Leach |
The Port Authority of New York and New Jersey is taking three big steps to prepare for the massive ships port officials expect to start sailing through the Panama Canal after its expansion is complete
Maritime
Container lines
Forwarding
Congressional Trust?
R.G. Edmonson |
The idea of abolishing ocean carriers’ antitrust immunity is riding a new wave in Congress as the outcry over tight capacity and equipment shortages in a stronger-than-expected recovery sustains
Transport, Trade and Regulation News
Maritime
Container lines
Forwarding
First Talks Set in LA-LB Port Strike
Bill Mongelluzzo |
Negotiators for striking office clerical workers at the Los Angeles and Long Beach ports and the attorney representing their employers set negotiations for Friday night in hopes of ending the walkout.
Maritime
Container lines
Forwarding
North American ports
Financial Industry Confidence in Container Shipping Slowly Recovers
Joseph Bonney |
After a year that blew a $15 billion hole in their finances, container ship lines are taking tentative first steps on a long road back to financial stability.
Maritime
Container lines
Forwarding
CMA CGM Takes Delivery of Two New Ships
Peter T. Leach |
CMA CGM took delivery of two new post-Panamax vessels in South Korean shipyards, the 6,500-TEU CMA CGM Lamartine and the 11,400-TEU CMA CGM Callisto.
Maritime
Container lines
Forwarding
U.S. Fund Eyed for CMA CGM Investment
Peter T. Leach |
The privately held U.S.
Maritime
Container lines
Forwarding
Rickmers Christens Four Ships for Maersk
Joseph Bonney |
German shipowner Rickmers Group christened four container ships with nominal capacity of nearly 13,100 20-foot equivalent units Friday at a South Korean shipyard.
Maritime
Container lines
Forwarding
CMA CGM Hikes India-Europe Rates
JOC Staff |
CMA CGM will seek a general rate increase on all westbound cargo moving on its EPIC Service from India to Europe and the Mediterranean, a third GRI this year.
Maritime
Container lines
Forwarding
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