Container lines

Maersk Line plans to add a direct, all water call from South Vietnam to the U.S. West Coast to its Trans-Pacific 6 service.

Ocean container carriers are set to boost capacity by around 785,000 20-foot equivalent units in the coming four months, threatening the recent rise in liner freight rates, a leading industry analyst

With a wallet full of fresh investment capital from ABS Capital Partners, INTTRA is expanding its e-commerce booking services into East Asia with the opening of a new development center in China and a

Zim Integrated Shipping Services swung to a net profit of $81 million in the fourth quarter of 2009 from a $199 million loss a year ago as it increased container traffic from the previous three months

Grand Alliance member carriers Hapag-Lloyd, NYK, and OOCL plan to add a direct call at Vietnam’s Cai Mep deepwater port to their South China Sea Japan Express starting in May.

MISC Berhad launched a container service, called the East India Service (EIS), connecting Yangon, Myanmar, and Chennai, India.

The global container shipping industry should go slow in bringing back to service hundreds of ships idled during the recession, otherwise the sector will extend losses which are estimated at $15 billi

Sea Star Line, which operates container/roll-on, roll-off ships between Jacksonville, Fla., and Puerto Rico, will add a weekly call at Philadelphia next month, the Philadelphia Regional Port Authority

The Supreme Court may have to decide whether or not ocean carriers will be considered “railroads” for cargo liability purposes after oral arguments on Wednesday morning.

Hamburg Süd said one of its services between Europe and Turkey will start calling at the TCEEGE Terminal in Aliaga, Turkey, instead of the Alsancak terminal in nearby Izmir.

Damco, the logistics arm of A.P. Moller-Maersk, will open its largest office in a new facility in Chengdu, the capital of the Sichuan province in China.

Rickmers Maritime Trust chartered a containership of 5,060 20-foot equivalent units capacity to CSAV, the Chilean ocean carrier, for 12 months with an option for a further 12 months at a much higher r

The Port of Seattle saw huge gains in container volume in February, while container volumes at its Pacific Northwest neighbors Tacoma and Portland were mostly down compared to the same month last year

Taking advantage of the up-tick in demand for shipping capacity since last fall, CMA CGM announced on Tuesday that it is increasing freight rates on 11 different trade lanes on March 15 and April 1.

Hapag-Lloyd will raise freight rates on two major trade lanes covering the Indian Subcontinent, starting in April.

An independent auditor expressed “significant” doubt over whether Rickmers Maritime Trust can continue as a going concern.

Neptune Orient Lines plans to expand the capacity of APL, its container line, by about 7 percent this year to meet rising trade demand.

Carriers in the eastbound Pacific predicted the volume of containerized imports from Asia will likely increase 6 to 8 percent this year.

Zim Integrated Shipping Services will launch its new independent Asia-India-Mediterranean-Europe service, effective in early April.

Maersk Line launched the first direct deep sea liner service between Russia and South America.

Just as an underdog sports rival wants to win the big game against a major competitor, it seems every port in North America wants to take cargo away from Los Angeles-Long Beach.

The columns of red numbers in the charts on these pages and those that follow provide more-than-ample proof of the woes global container lines have bemoaned over the last year.

Carrier and shipper tempers, which have risen steadily into the red over who’s to blame for a shortage of cargo space and deteriorating service, are starting to cool down as the two groups gear

Orient Overseas (International) Ltd., the parent of container line OOCL, reported a loss Friday of $400.6 million for the 2009 calendar year, compared to the profit of $275.5 million recorded in 2008.

The European Liner Affairs Association will phase out and transfer its responsibilities to the World Shipping Council as of July 1, the Brussels-based association of container shipping lines said Frid

MOL said it will revise the port coverage on its Asia-East Coast South America Service by adding calls at Xingang, Dalian, Qingdao, Pusan and Shanghai.

OOCL said it will partially reinstate some of the capacity it had previously withdrawn from the Asia-North Europe trade with the launch of a new service loop to meet rising demand as the trade recover

Five Evergreen Shipping Agency (America) ship-stowage planners who disrupted the carrier’s East Coast operations with a 28-day strike in 2002 refused to ratify a new contract but are continuing

Matson Navigation is supporting the one of three candidates in a special congressional election who supports the Jones Act, an online news source reported.

Hamburg Süd is expanding its services this year between the U.S. West Coast and destinations as far apart as Australasia and North Europe.

NYK Group Americas on Wednesday announced a rotation of its top managers that will take effect on April 1.

Neptune Orient Lines said Tuesday that APL (Bermuda) Ltd., a division of its liner subsidiary APL, is taking a term loan of $300 million from a syndicate of banks and financial institutions.

More ships arrived at their destination ports behind schedule in the fourth quarter, according to the latest Container Shipper Insight report from Drewry Shipping Consultants.

Hanjin Shipping plans to expand its use of the e-commerce services provided by INTTRA, the Internet portal that was founded by a group of carriers a decade ago to create efficiencies for carriers by e

Ocean container carriers are significantly boosting cargo capacity on Asia-Europe shipping lanes for the first time in 18 months, threatening to reverse recent strong gains in freight rates.

Hamburg Süd will seek a general rate increase on all cargo moving from the U.S. East Coast and Eastern Canada to Europe as of May 1, the second increase this year.

Hanjin Shipping expects to earn a profit this year and boost sales 27 percent as world trade picks up and shipping lines cut back on their fleet expansion plans.

Potential investors in CMA CGM have until March 15 to agree to terms to acquire a stake in the troubled French ocean container carrier.

Norway's Wilh. Wilhelmsen will spin off its shipping and logistics units in an initial public offering that could raise up to $400 million.

Cosco President Zhang Liang expects to win the rate increase targeted by the Transpacific Stabilization Agreement in new contracts as world trade rebounds and shipping lines curb capacity.