Forwarding

Singapore-based port operator PSA International said its terminals handled 9.9 percent fewer containers in 2009 compared to the previous year, the first decline ever, as the worldwide recession hit gl

The Panama Canal Authority on Thursday awarded the fourth and final contract for dry excavation for a channel to its third set of locks to FCC-ICA-MECO, a joint venture between Spanish, Mexican and Pu

Although container freight rates are on the rebound on many routes, this does not mean the ocean container shipping industry will recover any time soon, and many carriers may run out of money before a

Hanjin Shipping and United Arab Shipping Co. plan to launch a joint service between Spain and West Africa on March 1, the South Korean carrier said Thursday.

Evergreen Line on Thursday announced another rate increase on all westbound cargo moving from the Far East, Japan and the Indian subcontinent to Europe and the Mediterranean.

Container traffic in the port of Amsterdam crashed by more than half in 2009 compared with the previous year as the port lost two of its three deep-sea liner services to neighboring Rotterdam.

Mitsui O.S.K. Lines Ltd. increased its stake in breakbulk operator Gearbulk Holding Ltd. from 40 percent to 49 percent.

The new board of directors of CMA CGM will meet for the first time on Jan.

Container traffic moving through West Coast ports increased 3 percent in November compared to November 2008, marking the first monthly year-over-year increase in 2009.

Hanjin Heavy Industries and Construction, Korea’s fifth-largest shipyard, plans to cut its shipbuilding workforce by at least 30 percent to help overcome a management crisis arising from a world

The active capacity of the world's 20 largest ocean container carriers shrunk by 2.4 percent over the past year, but there was relatively little change in their global market shares.

The Port of Montreal is seeing 2010 in with expectations of “a gradual but slow recovery” after a traffic decline unusual in recent years began to stabilize in the final months of 2009.

Horizon Lines said it switched terminals in Oakland to the terminal operated by Ports America to handle cargo moving through Oakland between the U.S. mainland, Hawaii, Guam and Micronesia.

New orders at Hyundai Heavy Industries fell 61 percent in 2009. The world’s largest shipbuilder forecasts lingering effects from containership overcapacity through this year.

DP World, the global container terminal operator, on Jan.

Ship owners and managers and others in the industry launched a new trade association at the Baltic Exchange in London on Monday with a broad mandate to represent and promote the health and medical int

Container handling came to a standstill Monday at France’s seven largest ports as dockworkers staged the first of two 24-hour strikes to protest government reforms of box terminal operations.

Antwerp, Europe's second largest port, handled 16 percent fewer containers in 2009 than in 2008, losing market share to its main European rival Rotterdam for the first time in several years.

The Port of Rotterdam's container traffic fell 10 percent in 2009 from a year ago, but Europe's biggest box hub boosted its share of the key Asia-Europe liner shipping trade.

Hamburg-Sud booked what it called a "small" loss in 2009 as revenue and cargo volume declined by double digit percentages, the chief executive of Germany's second largest ocean carrier said.

Fesco Logistics on Dec. 28 delivered a single piece of construction equipment weighing 100 tons to Novorossiysk, Russia.

Ocean container carriers' share prices rose by an average 19 percent in the past year as growing optimism over a market recovery in 2010 outweighed the impact of record operating losses.

Mobile Concepts by Scotty, a Pittsburgh-based commercial vehicle and trailer manufacturer, completed the first phase of a Defense Department contract to convert ocean containers for use as training si

Hanjin Shipping on Dec. 23 added a “carbon calculator” to its Web site to let customers know the amount of emissions generated by their cargo for any given transportation segment.

The container ship charter market is ending the year close to record lows with ocean carriers' demand for hired vessels weakening as cargo volumes shrink to seasonal lows on key east-west liner trade

Financially troubled CMA CGM returned to profitability on its operations between Asia and North Europe in October and expects overall operations to show operating profits in November and December.

OTTAWA — The St.

The Panama Canal Authority received four bids for the latest segment of an excavation project that is part of the canal authority’s construction of locks to handle 12,500-TEU container ships by

The world’s top 22 ocean container carriers lost some $11 billion in the first nine months of the year and face further losses in 2010 as the industry digs out from the worst downturn in its 50-

Containerized exports at the Port of Oakland soared 39.7 percent in November over the same month a year ago, a new sign of growing demand for U.S. goods overseas.

Orient Overseas Container Line will introduce new Asia-Europe services in January.

Orient Overseas Container Line affirmed it would join the “emergency revenue program” announced Wednesday by the Transpacific Stabilization Agreement, of which it is a member.

Somali pirates released a Greek-owned dry bulk carrier and its 21 crew members, including 14 Filipinos, after more than a month in captivity, the Philippine government and the ship's owner said Friday

BDP Project Logistics created a new company, BDP Oil and Gas Logistics, that will be headquartered in Singapore and will serve the oil and gas industry supply chain.

Germany-based liner agent Peter W. Lampke formed a joint venture with Beluga Chartering to be called the Beluga Projects Agency.

Cosco Shipyard in Dalian, Korea delivered the heavy-lift multi-purpose vessel Adam Asnyk to Chipolbrok, the Chinese-Polish carrier that operates breakbulk and project cargo services worldwide.

The Port of Savannah saw its second straight month of container traffic growth in November, but the brief peak season recovery slowed down sharply as import volume declined 13.8 percent.

A modest recovery in container volume appears to be underway at the ports of Los Angeles and Long Beach, and exports are leading the way.

The House on Monday voted to extend two widely-supported trade programs, but for only one year.

China Cosco Holdings, China’s largest shipping company, warned Monday that it will post a full-year loss.