Container lines

Hyundai Merchant Marine in 2016 reduced its financial losses 99.3 percent.

Shreyas Shipping & Logistics is adding more vessels to its fleet.

Shippers hope the next negotiations go more smoothly than those in 2012 and 2013.

Maersk Line and MSC have expanded their Asia-North Europe and trans-Pacific services to accommodate the volumes from a slot deal signed with HMM and Hamburg Süd.

Problems are inevitable any time the normal routine is disrupted at a marine terminal.

There are clear signs of tightness in the container leasing market.

In an exclusive interview, MSC CEO Diego Aponte says spring may finally be in the air for container carriers.

It has been 10 weeks since spot rates on the China-Europe trade fell sharply as demand continues to fall off in the post-Lunar New Year slump.

Loaded container imports will increase substantially year-over-year in the first half.

Maersk Line managed to grab market share from its competitors during the brutal rate war of 2016, which could be useful as the carrier prepares to compete against the two new alliances from April 1.

China's tariffs on US DDGs is killing exports of this important containerized commodity.

Rodolphe Saade joined CMA CGM in 1994.

There remain parallel, divergent narratives as to how strong the market truly is headed into the 2017 TPM conference later this month.

After posting a $376 million annual loss, Maersk Line believes rising freight rates in 2017 will have a dramatic effect on its profit.

Shippers can do a few things to protect themselves from another Hanjin-like disaster on the seas.

Freight traffic grew by double digits across the DFDS network, and cargo rates increased.

A fourth quarter growth in volumes and revenue could make a tough year a little less painful for the world's market leading liner shipping company.

The deal takes effect April 1 along with the reordering of global shipping alliances.

Central American producers to expand their markets by extending the shelf lives of perishable shipments.

With exports to the US dropping significantly, freight rates would have normally dropped sharply.

Beneficial cargo owners got a taste of what to expect back in 2012.

Asia-Europe spot rates continue to hold their ground in the traditionally quiet post Chinese New year period.

The deep capacity cuts forecast by Seaintel come as spot rates on the trans-Pacific and Asia-Europe trade lanes are at least 50 percent higher than last year.

Extra services played a role in the decline.

The anticipation of record losses underscores the necessity of Japan's leading container lines’ plan to merge.

A pension fund for longshoremen at the Port of New York and New Jersey want permission from a bankruptcy court to seek companies related to the carrier who can help pay the debt.

More than two-thirds of failed Hanjin Shipping’s fleet is still looking for employment.

Zim Integrated Shipping Services is positioning itself to capitalize on project cargo in India.

Trans-Pacific service contract negotiations are complicated by a barrage of mixed signals.

Carriers in the eastbound Pacific maintained the strong freight rates that have marked the pre-Chinese New Year period.

Costamare sank into the red in the final quarter of 2016.

Cosco Shipping Ports and CMA Terminals Holdings signed a cooperation memorandum of understanding for ports worldwide.

OOCL has found out that one strong quarter doesn't make a good year, with average revenue per TEU tumbling in 2016, despite a strong improvment in the market during the fourth quarter.

Spot rates on Shanghai to Europe and the Mediterranean showed only a slight drop this week as China's biggest holiday begins.

MOL is upgrading its CX1 feeder service from the Amazon River port of Manaus, Brazil, to Manzanillo, Panama.

Rickmers Maritime has sold its second container ship for scrap in as many months.

China's largest shipping company is about to record a huge loss for 2016, an indication of what is to come in the troubled industry.

Which routes will shippers use for increased US resin exports?

The new ice-class ships are scheduled for delivery in 2019.

A surge in deliveries of mega-ships this year will prolong overcapacity in the container market and hit north-south liner trades hardest.