Forwarding

Belgian billionaire financier Albert Frere is in negotiations with CMA CGM to acquire a stake in the heavily indebted French ocean container carrier, according to media reports.

The Bremerhaven auto terminal, Europe’s largest, is operating normally after it was overwhelmed by a surge in German car exports to Asia and North America.

The State of Pennsylvania is closer to choosing a group to design, operate and maintain a major marine terminal in the former Navy Yard in South Philadelphia.

APL retrofitted five of its container ships for cold-ironing, which allows them to turn off their diesel generators at berth and connect instead to shoreside power that produces fewer emissions.

Cosco Container Lines said it will impose a congestion surcharge on cargo moving through India’s Port of Nhava Sheva (Jawaharlal Nehru).

Dockwise, the Oslo-listed heavy-lift shipping company, said it signed four marine transport contracts worth a combined $45 million.

Regular naval patrols and sophisticated defense strategies among shipowners are reducing the number of pirate attacks worldwide, but don’t be fooled by the numbers.

If only Hasbro could transform a toy boat into the real thing . . . .

UPS says it is seeing some ocean freight shipments switch to air because of an “ocean squeeze” on capacity, and the company expects more shippers to move to expedited transport as demand i

Only 2 percent of the world’s container ships are idle, compared with 11.6 percent at the start of the year, Alphaliner reports in its weekly newsletter.

The Port of Montreal, shut down since Monday morning by an employer lockout of longshoremen, will reopen for work at 8 a.m. Saturday following a compromise agreement reached Thursday evening.

Horizon Lines reported second-quarter net income of $3.7 million, but CEO Chuck Raymond said business “continued to be impacted by the slow, uneven global economic recovery.”

The World Shipping Council met with U.S.-based shipper and forwarder trade associations Thursday to explain the European Union’s new customs cargo security filing requirements, which are schedul

Shippers and ocean carriers in the trades to and from the Indian subcontinent are bracing for difficult times as congestion cripples operations at some of the busiest container ports in the region.

Frustrated by a lack of progress in contract negotiations with office clerical workers, the head of the group representing waterfront employers in Los Angeles-Long Beach urged the union to bring subst

CMA CGM is seeking to put together a new investor group by a July 26 court deadline, according to Bloomberg News, which cited unidentified sources with direct knowledge of the matter.

APL initiated a peak-season service to the Port of Seattle. The P1A service with ships of 2,300-TEU capacity will call in Seattle every other Thursday through October.

Contract negotiations between office clerical workers and waterfront employers in Los Angeles-Long Beach moved into a slower phase this week, as workers left picket lines and returned to their jobs am

The CMA CGM Rabelais on Thursday completed its inaugural call at the Port of Seattle, setting a record at the terminal with more than 4,300 container moves.

U.S. steel exports declined 6.3 percent from April to May but through the first five months of the year were up 60.2 percent from the comparable period of 2009, government data show.

The North Carolina State Ports Authority postponed indefinitely its proposed new container terminal on the Cape Fear River downriver from Wilmington in the face of strong opposition from towns along t

Carrier and labor officials were in talks Thursday aimed at ending a lockout of longshore workers at the Port of Montreal and re-opening the port.

The Senate Commerce Committee on Wednesday grilled senior Department of Homeland Security officials for nearly two hours on gaps remaining in the country’s security grid.

CMA CGM took delivery Thursday in South Korea of the CMA CGM Amerigo Vespucci, the second of a series of eight large container ships named after the great explorers.

A Cranford, N.J., seller of gasification equipment and technology is tapping a federally guaranteed export finance loan to complete a deal with a metals recycler in Ankara, Turkey.

Orient Overseas Container Line will increase its freight rates on shipments from Asia to New Zealand by $250 per TEU, effective Aug. 15.

Office clerical workers and waterfront employers at the ports of Los Angeles and Long Beach said they would resume contract negotiations Wednesday.

Two exporters filed a complaint with the Federal Maritime Commission alleging unfair treatment by Hapag-Lloyd America and two non-vessel-operating common carriers.

Shipping executives say Congress should provide American maritime companies more financial support to improve the state of the U.S.-flag fleet.

Horizon Lines said Wednesday it will use Elizabeth, N.J., rather than Philadelphia, Pa., as its northeastern port for weekly sailings to San Juan, Puerto Rico.

Neptune Orient Lines said on Wednesday it placed an order for 10 new container ships with capacities of 8,400 20-foot-equivalent units.

Container vessels rode at anchor in the St. Lawrence River Wednesday as the Port of Montreal remained shut down for the third consecutive day and shippers expressed anxiety about growing costs.

Multipurpose heavy-lift carrier Chipolbrok launched a monthly liner service from Europe to the United States. Regular Europe load ports will be Antwerp or Rotterdam and regular U.S.

Toy maker Hasbro, trying to get in front of container shipping capacity shortages, is suggesting retailers should take products early this fall to avoid problems getting goods to consumer markets.

The Maritime Employers Association promised Tuesday to respond to a union settlement proposal on Thursday after locking out about 850 longshoremen at the Port of Montreal this week, causing the port t

Operations at most of China’s Port of Dalian resumed Tuesday as authorities worked to clean up an oil spill from a pipeline explosion that forced the port to shut down for several days.

Officials in Guam are investigating whether any of the thousands of spiders that poured out of a cargo ship at the port got onto land or posed a danger to the island’s environment and native spe

Europe's top port Rotterdam is getting congested as surging container imports from China overwhelm deep-sea terminals and interrupt feeder services to smaller regional ports.

Net profit for state-owned Container Corporation of India fell 3.5 percent from a year earlier to $41.2 million in the first quarter of fiscal 2010-11 ending June 30.

Neptune Orient Lines, parent of APL, the world’s fourth-largest container line, entered an agreement with Oversea-Chinese Banking and ING Bank for a term loan of $150 million.