Container lines

Mediterranean Shipping Company announced Thursday a general rate increase on exports from North America to Europe and the Mediterranean as of April 1.

Overseas Orient Container Lines, extending the shipping world's push toward higher prices, said Tuesday it will increase freight rates by $100 per 20-foot container as of March 1 on cargo moving from

Hanjin Shipping expects to post a profit this year and boost revenue 27 percent as world trade picks up and shipping lines cut fleet expansion plans, according to Bloomberg News.

The United Arab Shipping Company said it signed a $275 million multi-currency loan facility to finance the acquisition of three container ships of 13,100 20-foot equivalent units capacity.

Hamburg Süd said it will replace its current service between the Mediterranean and the Caribbean through a slot-charter agreement with Hapag-Lloyd’s MGX service.

CMA CGM, which has been heavily involved in relief efforts in Haiti since the earthquake devastated the country on Jan.

For a company that lost more than $1 billion in 2009 and is almost certain to spend 2010 in the red, Hapag-Lloyd seems an unlikely recovery story.

Navigating through a storm of historic magnitude, any ship captain probably would be expected to make adjustments and even look for an entirely new course.

BNSF’s top intermodal executive concedes the western railroads have permanently lost much of their East Coast market share to all-water container shipping services from Asia, but Steve Branscum

Atlantic Container Line said Friday it will raise rates on east- and westbound trans-Atlantic cargo, effective April 1.

Mediterranean Shipping Co. said it is temporarily using several 8,085-TEU ships, the largest to call at U.S.

The Federal Maritime Commission has given members of the carrier discussion group in the eastbound Pacific the authority to talk about strategies intended to reduce air emissions, water pollution and

CMA CGM, which is in tough negotiations with South Korean shipyards to delay or cancel orders it placed in 2007 for some 30 new ships, is not laying up any of its vessels and is scrapping “very

CMA CGM, the troubled French carrier that is in talks with its creditor banks about restructuring $5.6 billion in long-term debt payments, expects to receive the balance of the $500 million in short-t

APL said Friday it will apply a general rate increase to all cargo moving from the Far East to India and Pakistan.

State-owned Shipping Corporation of India will seek a rate increase on the westbound trades from India to Europe, as part of what it called a rate restoration program.

Additional charge applies from March 1 to 20 on shipments from China to Canada

CMA CGM announced Thursday it will raise freight rates on the westbound trade from Asia to ports in North Europe, the Eastern and Western Mediterranean and the Black Sea as of March 15.

CMA CGM will seek a general rate increase on all westbound cargo on the EPIC Service from India and Pakistan to Europe and the Mediterranean, starting March 1.

John Fredriksen, the Norwegian shipping billionaire, cut his stake in TUI, the biggest shareholder of German ocean container carrier Hapag-Lloyd, to 15.7 percent from around 19 percent.

Hapag-Lloyd, Germany's largest ocean container carrier, drastically reduced losses in the final three months of the year on substantial freight rate increases on some routes but is forecast to remain

Bulk shippers and carriers routinely buy and sell futures contracts called freight forward agreements based on the Baltic Dry Index of bulk rates, to hedge against the risk that a rise or fall i

Dean Tracy, director of international logistics at Lowe’s, had a devilish time getting his spring and summer merchandise on vessels leaving Asian ports in late January.

Mediterranean Shipping Company will apply a general rate increase on all eastbound cargo from Spanish ports to destinations in the Middle East and the Far East.

“K” Line, which expects to post a loss for the fiscal year ending March 31, said Friday it will issue a public secondary stock offering on the Tokyo Stock Exchange later this month to rais

Five shipping lines are setting up a new vessel-sharing agreement that will start service in April between Asia and the East Coast of South America via South Africa.

Ocean container freight rates are surging on key Asia-Europe trade routes as traffic rebounds from a year-long downturn and carriers cull capacity.

The German government is pressing South Korean shipyards to delay deliveries of container vessels to financially troubled German ship-owners.

Neptune Orient Lines reported losses on Thursday for the fourth quarter and full year 2009 as revenue and freight rates plunged for most of the year before volumes and vessel-utilization started ticki

Mitsui O.S.K. Lines upgraded its fiscal year 2009 business outlook due to stronger demand for container and bulk shipping services as global economic conditions improve.

OOCL will implement a general rate increase for all dry and reefer cargoes leaving Hong Kong, Macau and South China for shipment to Canada.

Crowley Maritime announced two management appointments Tuesday in its Puerto Rico/Caribbean liner services group.

Evergreen Line on Monday announced a two-tier rate increase on the westbound trans-Atlantic trade in similar increments that will take effect on July 1 and October 1.

Trailer Bridge swung to a profit of $1 million in the fourth quarter ended Dec. 31 from a loss of $1.1 million in the same quarter of 2008.

The member lines of the Oceania Vessel Sharing Agreement (Hamburg Süd, Hapag-Lloyd, Maersk Line, and ANL-USL) are planning to add an additional vessel to the weekly Pacific Southwest String (PSW)

Mediterranean Shipping Co.

OOCL said on Monday it will impose a general rate increase on westbound trans-Atlantic cargo as of April 1.

Hapag-Lloyd, the world’s sixth-largest container carrier, is set to move from financial intensive care into operational convalescence.

INTTRA, the Internet portal for ocean freight, is evolving into a commercial entity, churning out products for new markets with the help of a capital infusion from an investment group taking a majorit

Hanjin Shipping will raise rates on Canadian exports to Asia effective March 1, the company announced Thursday.