Container lines

Evergreen Line on Wednesday announced rate increases on the westbound trade from the Far East and the Indian Sub-Continent to Europe and the Mediterranean.

Evergreen Line said Tuesday that while it plans to order 100 new ships at some point, it has no plans to place the orders in 2010.

The officers and crew of the Maersk Alabama, who fought off a pirate attack earlier this year, will be presented with an Honored Seafarers plaque at the 40th annual United Seamen's Service Admiral of

Hyundai Merchant Marine will increase freight rates for the trade moving on its services from China to India and Pakistan.

Maersk Line and the three carriers that belong to the New World Alliance, APL, Hyundai Merchant Marine and MOL, on Tuesday said they will cut the capacity and services they share on the trans-Atlantic

Israeli ocean carrier Zim Integrated Shipping Services said it is close to getting final approval for a financial restructuring.

OOCL’s third-quarter revenue fell 42.3 percent to $948.9 million as its container volume dropped by 16.7 percent from the same quarter last year, the Hong Kong-based carrier said Tuesday.

CMA CGM wants to delay the delivery of 49 ships it has ordered and is scheduled to receive within the next three years, its CEO Rodolphe Saade said Monday.

Evergreen Line, which is one of the few container lines that has refrained from ordering new ships in recent years, plans to order 100 container ships in 2010 to expand its fleet to nearly 300, the co

Pat Moffett, vice president of global logistics at Audiovox, has been through this routine before.

The Port of Corpus Christi’s long-delayed plan to build a container terminal on a 1,100-acre tract of land called the La Quinta Trade Gateway is being resuscitated as part of a multi-phase, mixed-use

Orient Overseas Container Line is launching two rounds of rate increases for intra-Asia cargo. The first applies to dry cargo from Hong Kong, Macau and South China bound for Japan starting Oct. 26.

CMA CGM added a call at Saigon Premier Container Terminal beginning Friday, Oct. 16 on its FAS Vietnam service.

Pirates in the Indian Ocean hijacked a Singapore-flag container ship some 300 nautical miles north of the Seychelles, signaling a resurgence in attacks on ships using trade lanes near the coast of Som

Maersk Line, the world’s largest ocean container carrier, is expanding its service in the breakbulk and out-of-gauge equipment market.

Containership charter rates are testing fresh lows, and hire periods are shrinking rapidly as ocean carriers rein in leased box capacity in a bid to narrow the huge supply/demand gap.

Ocean carriers in the Puerto Rico domestic trade anticipate business as usual on Thursday despite a call by labor unions for a one-day general strike on the island.

Evergreen Line and CMA CGM will implement rate increases in the Europe, Mediterranean trades to and from the Far East and Indian sub-continent.

Marine terminals at the ports of Apia and Pago Pago, Samoa, are fully operational following the devastating earthquake and tsunami that struck the island two weeks ago, Hamburg Sud reported.

Evergreen Marine Corp. and China Shipping Container Line on Wednesday will launch a joint weekly service linking ports in Asia with the Pacific Northwest.

CMA CGM is piloting INTTRA's Web-based eInvoice software with select customers in North America. The system helps carriers and customers to submit, receive, review and process invoices.

Mediterranean Shipping Co. will increase rates on westbound cargo from the United States to Asia, effective Nov. 16.

The UK Treasury on Oct.

Neptune Orient Lines reported its first year-over-year expansion in ocean container volume in a year Monday in a report that showed the operator’s strongest demand for shipping so far in 2009.

Israel Corp., the parent of Zim Integrated Shipping, announced a two-week delay to a shareholders' meeting to vote on a recovery plan for the financially ailing ocean container carrier.

For importers buying from Asia and the ocean, intermodal rail and motor carriers transporting their goods to U.S. destinations, this is as busy as it’s going to get this year.

Shippers have been watching the financial perils of troubled carriers unfold in recent weeks, fearing the demise of a major carrier could disrupt their supply chains.

Some container shipping carriers are down to their last lifeline and need more revenue quickly in order to survive, the chairman of the Transpacific Stabilization Agreement warned.

Hapag-Lloyd’s part owner, the German travel group TUI, agreed to provide further financial support to the troubled carrier to help it secure a government lifeline for the shipper, Reuters report

MOL said Thursday it will apply a peak-season surcharge on bills of lading for all shipments from Europe and the Mediterranean to Asia.

Mediterranean Shipping Company will charge a container fee for export equipment picked up at some Midwest depots as well as other locations in the United States effective Nov. 1.

The organizations representing ship managers and ship suppliers called upon ship owners to discuss cash flow problems openly as the global slowdown has made many slow to pay.

Shipping lines operating in the Pacific plan to increase freight rates to the U.S.

MISC Berhad expanded its Halal Express Service 1 (HES1) between the Far East, Southeast Asia, the Indian Subcontinent and the Middle East with a direct call at India’s Port of Pipavav.

Container shipping needs “transformation” that goes beyond the changes carriers are undertaking to survive and likely will include consolidation, a Maersk executive told The Journal of Commerce’s East

Crowley Maritime Corporation promoted Tucker Gilliam to general manager Dominican Republic/Haiti for the company's liner services group.

Ocean carrier OOCL will increase its rates on all dry and refrigerated cargo from Hong Kong, Macau and South China to New Zealand, effective Nov. 1.

Momentum Logistics, a subsidiary of international port management company, Gulftainer, signed a contract to provide dedicated warehouse space and other logistics services to United Arab Shipping Compa

Mediterranean Shipping Company will increase freight rates for cargo moving on its services from India to Europe and Africa, effective October 12.

James McKenna, president of the Pacific Maritime Association, and Robert McEllrath, president of the International Longshore and Warehouse Union, are co-recipients of the 2009 Connie Award presented b