Forwarding

Overall confidence levels in the shipping industry, including the container ship market, increased in the three months ended May 2012, to reach their highest point since February 2011, according to th

Hong Kong’s Cosco Pacific, operator of the biggest container terminal in the Port of Piraeus, Greece, is considering further investments in the country as the cash-strapped Athens government pre

Box Ships took delivery Monday of its eighth vessel, the OOCL Hong Kong, a secondhand vessel built in 1995 with capacity of 5,344 20-foot equivalent units.

DP World boosted productivity and capacity at its Aden Container Terminal in Yemen by installing two ship-to-shore quay cranes. The new cranes bring the total number of quay cranes to seven.

The world container ship fleet has topped 16 million 20-foot equivalent units, but the rate of capacity growth is slowing, according to Alphaliner.

Novorossiysk Commercial Sea Port’s first quarter earnings soared 48 percent from a year ago as Russia’s largest port operator handled record cargo volume to boost its share of the nation&r

Leading forwarders say sea-air volumes remain stable despite the double dose of fuel surcharges levied on users.

Most shippers expect to decide by midsummer whether to divert cargo from the East and Gulf coasts to avoid possible longshore labor problems this fall, according to a

Oman Container Lines will begin a new service to India on July 3.

With only moderate growth projected in the global container trades for at least two more years, and overcapacity keeping a lid on rate increases, carriers must take innovative steps to reduce the cost

OOCL said it is suspending until further notice the Atlantic Express Shuttle that it operates in a vessel-sharing alliance with Hapag-Lloyd between Hamburg, Antwerp and New York.

Mediterranean Shipping Co.

The Federal Maritime Commission is doing its part to promote exports under President Obama’s National Export Initiative by ensuring th

Stacks of Crowley and Seaboard Marine containers at Florida East Coast Railway’s Hialeah Rail Yard near Miami are a sign of the volumes South Florida’s ports see coming down their sea lane

Judging by the recent rash of U.S. air cargo expansion projects, you’d think demand was skyrocketing. It’s not.

After a three-hour hearing Friday in Portland, U.S.

Alfred J.V. “Al” Stanley has joined project and heavy-lift carrier Intermarine as president and CEO, succeeding Andre Grikitis, who will become operating chairman.

An intermodal transfer facility that will serve an expanded Global Terminal at Bayonne, N.J., will receive an $11.4 million federal construction grant under the TIGER program.

Hanjin Shipping and Hapag-Lloyd will skip their weekly vessel calls at Portland, Ore., until there’s a settlement to a union jurisdictional dispute that has slowed cargo handling at the port.

The biggest concerns of agricultural exporters as the 2012 peak-shipping season approaches are equipment availability, adequate vessel space and volatility of freight rates.

German ocean carrier Hamburg Sud will raise its rates on trades from the Indian subcontinent and the Middle East to Europe, South America and the Caribbean, starting July 1.

On the other side of Southeast Asia’s planning-for-the-future divide from Indonesia is Vietnam, which looks certain to have excess container handling capacity for some time to come.

Turkey’s Yildirim Group intends to exercise its option to buy another 10 percent stake in CMA CGM, which will bring its ownership of the French liner company to 30 percent.

Hapag-Lloyd is suspending its weekly Atlantic Express Shuttle service between New York, Antwerp and Hamburg until further notice “due to the current market situation.

A federal judge will hear arguments Friday on a National Labor Relations Board request for a court order prohibiting the International Longshore and Warehouse Union from slowing operations at the Port

Maersk Line will impose a general rate increase on trades from Latin America to the Indian Subcontinent and the Middle East, starting July 15.

FedEx CEO Fred Smith said more shippers are transporting goods via ocean shipping at the expense air carriers, a modal shift reflected in the parcel giant’s recent earnings report.

Russia’s Summa investment and trading group moved closer to a $1.4 billion takeover of Fesco as it prepares to make an offer to minority shareholders in the owner of the country’s largest

The International Longshore and Warehouse Union elevated its battle with the electrical workers’ union and terminal operator ICTSI Oregon a notch by filing a lawsuit in U.S.

Hapag-Lloyd temporarily suspended “acceptance of shipments” bound for Riyadh via the Port of Dammam, Saudi Arabia.

APL plans to implement a general rate increase on the westbound leg of Asia-Europe trade, effective July 1.

Long-term container-shipping contracts based on various freight indexes are gaining ground, but their progress is being slowed by a lack of understanding on the part of shippers.

The European Shippers’ Council criticized a maritime industry proposal that containers be weighed before loading on ships as “a false remedy for an ill-defined disease.”

Sluggish economic growth, a weak jobs market and flagging consumer confidence have led Journal of Commerce Economist Mario O. Moreno to lower his forecast for U.S.

The contracting group that is building the new set of locks at the Panama Canal completed the first monolith of the new locks on the Pacific end of the canal.

Ocean carriers’ failure to fully implement planned peak-season surcharges on the trans-Pacific trades in May has created a two-tier market, according to Alphaliner.

Long-term prospects for the northern European container trades are “strong” despite short-term macro-economic uncertainty in the eurozone, according to a new report from a UK-based consult

Hapag-Lloyd plans to implement a new round of general rate increases on its East Asia services that will take effect July 15.

The South Carolina State Ports Authority approved $146.9 million in capital spending during its fiscal year beginning July 1 and forecast Charleston’s container volume will rise 8 percent during

Container line, labor and terminal operator groups, along with the Danish, Dutch and U.S.