Forwarding

Owner-charterer Diana Containerships said its first quarter net profit

The Port of Jacksonville will get new calls this month by China Shipping and United Arab Shipping, which participate in a vessel-sharing agreement with CMA CGM in its PEX 3 service.

The members of G6 Alliance said Wednesday they would not reinstate Loop 2 of the seven Asia-Europe services that the six carriers had planned to launch in April.

Container terminals must improve productivity at the same rate as growth in ship sizes or “preferably much more,” an APM Terminal official said at a Stockholm port conference.

Maersk Line will impose a general rate increase on cargo from India to the east coast of South America, starting June 1.

Fitch Ratings affirmed its long-term "A" rating of the Virginia Port Authority’s outstanding port facilities revenue and refunding bonds.

Evergreen Line and Crowley Latin America Services have filed a slot-charter agreement that will allow Evergreen to provide weekly northbound and southbound service between Florida, Panama and Puerto L

Container lines have started reactivating their idle container fleets for

The rebound in earnings on container trades has prompted operators to start reactivating larger tonnage, according to the latest report from

NYK Line, which has been getting out of the business of providing chassis at ports and terminals in the U.S., said Monday it would extend the withdrawal to the Denver/Salt Lake City market on July 1.

Rickmers-Linie expects a wave of new investments in Myanmar following the suspension of EU sanctions.

NYK Line said declining revenue and rising costs produced a net loss of 72.8 billion yen ($903 million) for its 2011 fiscal year ended March 31, but the Japanese carrier forecasts a profit for FY2012.

Evergreen Marine said its first quarter operating loss narrowed to 164.3 million New Taiwan dollars ($5.6 million) from $9.6 million a year earlier despite a 5.8 percent increase in revenue to $1.3 bi

ING Group is continuing to finance ship orders in a market that is being vacated by many banks whose loans to shipowners have been hit by defaults caused by the downturn in the shipping sector.

Seaspan accepted delivery of a new container ship with a capacity of 13,100 20-foot equivalent units, the

Major Japanese international freight forwarder Yusen Logistics Co., Ltd.

Freight rates on containerized shipments from India to ports in West Africa will go up in May following general rate increase announcements by two major ocean carriers.

When Long Beach Container Terminal President Anthony Otto and his planning team set out to design what, in less than 10 years, will be the most automated and efficient container terminal in the U.S.,

In theory, the more cargo a shipper has, the better the service it can command from an ocean carrier.

U.S. poultry companies will be looking beyond their largest export market for growth opportunities after breaking off talks with Mexico in what might be called an elaborate game of chicken.

Last year was a financial bust for container ship lines, which lost more than $6 billion amid a frenzy of rate-cutting.

“K” Line swung to a loss of $503 million for the fiscal year ended March 31, a big drop from its profit of $380 million a year earlier, as it posted a heavy loss in its container business.

China Cosco Holdings, owner of Asia's largest container shipping company by capacity, and China Shipping Container Lines each saw first quarter losses mount as box container rates remained below the p

Containership owner Costamare has bought two containerships and sold two older vessels for scrap as it continues

Europe’s newest container port facility is scheduled to open in August in Wilhelmshaven, Germany, and unlike its neighbors Hamburg and Bremerhaven, the new port will be capable of handling the w

American Feeder Lines, which suspended its 9-month-old feeder service from Halifax to Port

U.S. imports rebounded sharply in March after falling in February on tough year-over-year comparisons because of the early closing of factories in China. Overall U.S.

The volume of containers transported by CSAV in March of this year fell by more than half year-over-year as the Chilean carrier cut its vessel capacity by 50 percent from levels in the first few month

The active container ship fleet has soared to a record 15 million 20-foot equivalent units, driven by deliveries of new vessels and a sharp reduction in the number of laid-up ships, according to Alpha

Hapag-Lloyd will increase its freight rates on major trade lanes as part of a new rate restoration program.

CSAV is creating a new management function, called strategic development and planning, to oversee the struggling Chilean carrier’s restructuring, strengthen its management team and make it more

The port of Antwerp’s container traffic grew a modest, but significant, 0.7 percent in the first three months of 2012, reaching a record high for the first quarter in sharp contrast to

The Port Authority of New York and New Jersey has begun posting an index of monthly freight and passenger activity levels

Steel imports increased 6.5 percent in March over February based on preliminary U.S.

Maersk Line will impose a peak-season surcharge on trades from Far East Asia to Latin America, starting May 20. The planned surcharge will be $300 per 20-foot equivalent unit.

Trans-Pacific spot rates eased slightly this week after their 19.9 percent spike las

The Port of Los Angeles will invest billions of dollars in transportation infrastructure to maintain its ranking as the largest U.S.

Norway’s Fairstar Heavy Transport spurned an unsolicited takeover offer from Dutch heavy-lift shipping rival Dockwise.

A presidential decree has cleared the way for the construction of new container terminals at the Port of Tanjung Priok, Indonesia.

France’s sovereign investment fund is weighing a $195 million stake in CMA CGM, the country’s largest ocean container carrier, according to a French national report.