Container lines

World Direct Shipping has upgraded its two-year-old Gulf of Mexico service.

Costamare and Diana Containerships said they would focus on maintaining liquidity in the wake of their second-quarter results.

Container lines are adding intra-Asia services or improving their coverage of the region to capture what appears to be increasing demand on the North-South trade.

Linea Peninsular has added a weekly container service to Port Tampa Bay.

Automating the freight booking process may be a little closer with the launching of an online marketplace for China-U.S. shipments.

Hanjin Shipping confirmed it remains in negotiations with tonnage providers for lower rates, but wouldn't say much else.

The Brexit will slow U.K. containerized trade in the short term.

Orient Overseas Container Line moved more containers in the second quarter of 2016 than the same period a year before.

Container lines in the eastbound trans-Pacific this week were unable to hold on to their rate increases of last week.

Asia-Europe spot freight rates continued their steady march down from the year’s high reached on July 1.

Span Alaska gives Matson Logistics greater reach into The Frontier State, and door-to-door service capabilities increasingly needed to compete.

Maersk Line said it would reroute one of its Suez Canal strings just days before the Panama Canal opened June 26.

Hyundai Merchant Marine on Thursday signed an agreement with its creditors to proceed with its business normalization plan.

Hyundai Merchant Marine will get a new CEO in August.

The Ocean Alliance plans to deploy the largest ships ever seen by U.S ports on the trans-Pacific trade.

China Cosco Shipping says all its shipper contracts are safe until the new Ocean Alliance kicks off next year.

The August 1 rate increases on Asia to Europe and the Mediterranean are beginning to roll.

CMA CGM Monday closed its all-cash offer for Neptune Orient Lines.

NYK Line’s roll-on, roll-off cargo price-fixing woes continued Monday.

Hapag-Lloyd and United Arab Shipping Company Monday signed a merger agreement.

Container lines won't be able to scrap themselves out of their excess capacity situation.

Facing weakness in their core markets, container and dry bulk carriers are pitching hard for multipurpose vessels’ traditional cargoes.

Ocean Alliance members CMA CGM, COSCO Container Lines, Orient Overseas Container Line and Evergreen Line see major opportunity in deploying more services to the East and West coasts.

Spot rates in the eastbound trans-Pacific got a nice pop this week.

Falling spot market and rising capacity don't bode well for Asia-Mediterranean freight rates.

HMM joining the 2M Alliance has pushed carrier management to the top of the forwarder agenda.

The use of shore power is being studied to supplement the set-up of emission control areas at China's main commercial shipping centers.

The European Shippers Council today claimed container lines' recent commitments to the European Commission over general rate increase announcements “does not solve the price-fixing problem.”

After much uncertainty and speculation Hyundai Merchant Marine on Thursday announced that it would join the 2M Alliance.

The Panama Canal has ousted the Suez Canal as the leading route for all-water container services between the Far East and the U.S. East Coast.

Hanjin Shipping continued its efforts to stay afloat financially by selling its shares in a Cai Mep, Vietnam, container terminal.

The recent opening of the expanded Panama Canal is shaking up the deployment pattern of container ships.

Hyundai Merchant Marine plans to deploy six ships with capacities of 10,000 twenty-foot-equivalent units on an existing Asia-U.S. East Coast service via the enlarged Panama Canal.

The Asia-Australia trade will get a new shipping consortium.

Spot freight rates on the Asia-east coast South America trade are “going through the roof.”

Container lines’ latest investments in their reefer business range from purchasing new equipment and implementing tracking, refrigeration and controlled atmosphere technology to introducing new routes and services.

Innovation in the cold chain industry, especially real-time tracking and tracing, lags other industries, a logistics director says.

With container lines desperate to make rate increases stick, shippers should not expect a glut of capacity on the trans-Pacific.

Spot rates in the eastbound trans-Pacific this week retreated modestly from the previous week.

Spot freight rates on the Asia-North Europe trade quickly gave back half of last week’s gains.