Container lines

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.

Californian merchandise exporters struggled in May.

Kuehne + Nagel is reporting serious problems with SOLAS in China.

Slide show: Growth among the leaders on the JOC's Top 100 Importers in 2015 rankings involved tenacity and perseverance in building scale with global agility.

Ocean container freight rates are set to rise “modestly” over the coming 18 months.

Hyundai Merchant Marine aims to have the largest market share on the Far East-Middle East trade.

U.S. container trade with Asian countries increased in the 12 months ending March 31, 2016, according to data from PIERS, a sister product of JOC.com within IHS.

Shipper frustration over what they see as dubious charges from some terminals, liners and forwarders is intensifying.

Spot rates in the eastbound trans-Pacific this week took their biggest jump in months.

Hefty July 1 Asia-Europe GRIs have had the desired effect.

Tom Roth-Roffy, the aggressive investigator in charge of the National Transportation Safety Board El Faro inquiry, has retired midway through the investigation.

A nervous container business is bracing for the new VGM regulations.