Forwarding

China plans to spend $3 billion to build a three-pier terminal in a special economic zone bordering North Korea and a 34-mile cross-border railroad linking the port to the Chinese northeastern city of

U.S.

Diana Containerships said it took delivery on Feb. 17 of the APL Sardonyx, a container ship with a capacity of approximately 4,750 20-foot equivalent units.

A moratorium on newbuilding orders and an end to the battle for market share between shipbuilders are needed to combat the oversupply of capacity, said Spyros Polemis, chairman of the International Ch

Middle East carrier United Arab Shipping imposed a two-phase general rate increase on trades from Asia to the U.S. East Coast.

Then the world’s largest ocean carrier launched its Daily Maersk service last fall, it set in motion a series of events that are radically transforming the world’s largest and most deeply

Shippers and carriers view this year’s East and Gulf Coast longshore labor negotiations with a sense of trepidation and an eye on the calendar.

A funny thing happened on the way to the 2014 completion of the new Panama Canal locks. The volume of containers moving from Asia to U.S. East Coast ports via the Suez Canal took off.

When project logistics company Agility released its Emerging Markets Logistics Index 2012, 10 of the top-ranked countries hailed from the world’s poorest continent.

Ports along the Eastern Seaboard are putting money where their hopes are, investing in projects for better landside access by road and rail in an effort to compete for discretionary cargo.

For many years, non-vessel-operating common carriers were considered a stepchild of the maritime industry, but that ship turned around in 2010 when importers had trouble securing vessel space in the t

The Federal Maritime Commission, in perhaps the most extensive study in its 50-year history, concluded the European Union’s 2008 repeal of antitrust immunity on liner conferences had minimal imp

East Coast container trade volume rose 5.5 percent in the first 10 months of 2011 compared to the same period in 2010, to 10.8 million 20-foot equivalent units, and outperformed the total U.S.

Container ship owner-charterer Box Ships reported fourth quarter net income of $5.6 million, bringing the Athens-based company’s profit to $13 million since its spinoff from Paragon Shipping in

OOCL on Friday said it will raise freight rates on containers moving on the eastbound backhaul leg from North Europe to Asia as of March 15.

Hapag-Lloyd imposed a general rate increase on the Indian subcontinent-Europe trade lanes, starting March 1.

Maersk Line said it is cutting vessel capacity on the Asia-Europe route by 9 percent in a bid to boost flagging freight rates and restore profitability but vowed to defend its market share on the worl

Federal regulators are still squeezing orange juice imports, stopping shipments at the U.S. border or ports and testing samples for an illegal fungicide.

A study by a Rhode Island legislative commission said development of auto import-export cargo, offshore wind farms, container feeder services and breakbulk shipments could increase jobs, income and st

Chilean carrier CSAV has issued $412 million in new stock to complete a $1.2 million capital increase that is a key element in the company’s restructuring.

St. Lawrence Seaway officials expect strong traffic in the 2012 navigation season, starting March 22, as foreign demand for North American iron ore and coal grows.

The Port of Long Beach began 2012 on a down note, with containerized imports in January declining 5.5 percent and exports 8.2 percent lower year-over-year.

The port of Hamburg boosted container traffic 14.2 percent in 2011 from a year ago, consolidating the port's position as the second-largest container hub in Europe.

Mediterranean Shipping began offering a bill of lading for both imports and exports to and from the Port of Richmond, Va., which was

Mediterranean Shipping Co.

Spot freight rates on the westbound Asia-Europe trade dropped by 3.2 percent this week from the week before as the euro crisis continues to depress demand and vessel overcapacity blunted carrier effor

Shipping Corporation of India’s third quarter net profit fell 40 percent from a year ago to $15.12 million, as the state-owned ocean carrier’s rising operating expenses offset a revenue ga

Star Reefers swung to a $124 million net loss in 2011 from an $89,000 profit a year ago, as the Norwegian refrigerated ship operator was hit by record low freight rates and increased competition from

Containerized imports at the major U.S. gateways will decline in February, but volumes will pick up in the spring, according to the Global Port Tracker.

Containerized traffic at the Port of Los Angeles increased more than 5 percent year-over- year in January, as a ramp-up of Asian manufacturing ahead of the annual Chinese New Year celebration boosted

Excess vessel capacity and rate wars will doom liner efforts to hike rates on Asia-Europe services, said several shippers and forwarders.

The Indian Supreme Court's recent rejection of DP World’s appeal to review its rejected tender offer for a yet-to-be-built container terminal at the Port of Jawaharlal Nehru (Nhava Sheva) clears

Hapag-Lloyd‘s operating profit in 2011 declined 83 percent to $133 million from $770 million in 2010, but the German carrier bucked an industry-wide trend as one of the very few ocean lines to c

U.S. poultry and egg exports jumped 17 percent to a record $5.1 billion in value last year, as shipments of chicken and turkey hit record levels.

CMA CGM Group and IBM formed a partnership to develop a information technology unit to support the French carrier’s operations and reduce its costs.

Ron Widdows, the former chief of Singapore-based Neptune Orient Lines, will become CEO of Germany’s Rickmers Holding and Rickmers-Linie shipping group.

Average eastbound trans-Pacific spot rates fell this week for the first time in 2012 as vessel overcapacity and slack seasonal demand undermined carrier efforts to lift rates.

The Port of Galveston named Capt. Michael J Mierzwa as its new port director, effective Feb. 16.

German travel company TUI said it may try again to float its stake in Hapag-Lloyd as part of its bid to get completely out of the container shipping business.

Retail sales rose less than expected in January largely because of discounting in the auto sector.