Container lines

The peak season and planned rate increases are having no discernible effect on Asia-Europe spot rates.

All-time low rates dragged Maersk Line to a worse-than-expected loss.

Although mergers typically lead to disruption and irate shippers, that has not been the case in the recent merger of Cosco and China Shipping Container Lines.

Analysts do not expect Maersk Line to come out of the second quarter in the black.

Efforts by Chinese authorities seeking to prevent the spread of Zika have sparked concerns among U.S. exporters.

Three intra-Asia container liners are teaming up to link China and Vietnam through two different loops.

The head of South Korea's financial watchdog on Wednesday said Hanjin Shipping should prepare for receivership, if it can’t reach an agreement with creditors and tonnage providers.

Hapag-Lloyd sank to a net loss in the second quarter as average ocean freight rates plummeted.

Capacity discipline has pushed up vessel utilization rates.

Maersk line has adjusted its third-party feeder network in China.

Zhao Hongzhou, a former general manager at China Shipping Container Lines, has been tapped to lead the integration of of APL’s greater China operations into CMA CGM.

The recovery of the voyage data recorder could provide investigators with clues to the sinking that left 33 dead.

Fesco’s first-half profit more than halved.

Pushback against terminal operators' proposed chassis gate fee in Los Angeles-Long Beach intensifies.

Drewry Maritime Equity Research said it is forecasting a “washout” peak season on Asia-Europe.

IHS economist: the volume of containerized U.S. imports will grow at a slower pace than expected in 2016.

Canal officials said they're "very pleased" with operations so far.

The trend toward fewer services deploying larger vessels with multiple carriers pooling cargo will create winners and losers with the successful terminal operators most likely boasting strong connections to the dominant members of the alliances.

Concern over the fate of negotiations toward the Transatlantic Trade and Investment Partnership, the snail’s pace of eurozone economic growth, growing fears of an imminent Italian banking crisis and the U.K.’s unexpected vote to quit the European Union is undermining the calm of the trans-Atlantic container trade.

U.S. importers, anxious because vessels in Asia are starting to fill up, are working to secure peak season space on the trans-Pacific.

Spot rates to move a 20-foot equivalent container unit from Asia to Europe fell after surging above $1,000 per box the prior week.

U.K. freight forwarders have pledged their support for a campaign to end container shipping surcharges by 2020.

Matson has closed on its acquisition of Alaska logistics provider Span Alaska.

Manned by a new CEO and armed with a new vessel, South American coastal container line Mercosul aims to up its game against regional rivals.

The credit ratings company Moody’s has downgraded MOL and is reviewing the rating of NYK Line.

Hanjin Shipping’s creditor banks gave it an extra month to lower charter rates, reduce loans from foreign lenders and reschedule bond payments.

Container lines show big improvement after U.S. West Coast delays in early 2015.

The idle container ship fleet has swollen over the past year, according to industry analyst Alphaliner.

Matson said its China-to-U.S. route is feeling the effects of a soft trans-Pacific market.

The container ship order book is at its lowest level as a percentage of the existing fleet since 1999.

TOTE Maritime Puerto Rico and Intership have combined their adjacent marine terminals near San Juan.

Danaos sounded a bullish note over its recent deal to cut charter rates for financially troubled Hyundai Merchant Marine.

Record fog is delaying shipments at South America’s busiest port of Santos, Brazil, adding to other woes shippers are coping with, including from customs slowdowns and a recurring labor dispute.

Finnlines posted its best second-quarter result ever.

Container shipping lines are idling vessels of all sizes during the current peak shipping season.

Eastbound Pacific spot rates jump with the peak season at hand.

Maersk Line has played down speculation that it will try to acquire Hyundai Merchant Marine.

Japan’s three largest container warned of even worse financials than originally expected after reporting deep losses thanks to overcapacity.

Global Ship Lease said it is well positioned to acquire more vessels.

Spot rates will end the month of July almost where they began after another big bounce.