Forwarding

Safmarine is introducing a direct service it calls FMX between the Far East and main ports in West India and Pakistan by offering slots it is buying on a service operated by Simatech, the Dubai-based

Maersk Line and Hapag-Lloyd entered a slot swap agreement for services from the Mediterranean to the U.S. East Coast and Gulf Coast, effective March 1.

Hapag-Lloyd swung to an operating profit of $133 million in the final quarter of 2010 from a year-earlier loss of $211 million as rising cargo volume and sharply higher freight rates accelerate plans

The widening of the Panama Canal in 2014 could establish South Florida as a gateway for Asia cargo moving to the Southeast, said James Hertwig, president and CEO of Florida East Coast Railway.

India’s Port of Cochin was at a standstill for the seventh consecutive day on Tuesday as port terminal authorities and unions failed to find an amicable solution to labor concerns despite intense nego

Contract negotiations resumed this week in Vancouver between the International Longshore and Warehouse Union Canada and the British Columbia Maritime Employers Association following a government-manda

The Federal Maritime Commission's inquiry into the effects of slow steaming on the maritime marketplace is officially under way. The commission announced the study at its meeting Jan.

Global Ship Lease filed a shelf registration statement with the Securities and Exchange Commission for the sale of up to $500 million in shares of its stock.

The port of Hamburg increased container traffic almost 13 percent in 2010 from the previous year, driven by booming German exports, rising imports from Asia and strong growth on feeder services to the

Container throughput at India’s Port of Mumbai surged 31 percent year-over-year in the April-January period, the port authority said Tuesday.

The greatest threat to U.S. trade from the ongoing turmoil in Egypt comes from the impact on operations at the Suez Canal, but U.S.

Los Angeles Port Police Monday announced the results of a sting operation that netted more than $10 million in counterfeit electronics goods, stolen merchandise and bank receipts.

A significant turnaround in the liner segment coupled with tight cost controls helped state-owned Shipping Corporation of India boost net profit 40 percent year-over-year in the third quarter of fisca

Hapag-Lloyd said Monday it will phase out of the business of providing chassis for merchant haulage at ports and at inland intermodal rail terminals on the East and Gulf Coasts and in the Midwest star

Maersk, APL and Hyundai Merchant Marine scored best in on-time reliability among container lines in the fourth quarter, according to a Drewry Maritime Research report that said carriers' overall sched

Dockwise signed a $240 million contract with Hyundai Heavy Industries to build the world's largest heavy-lift vessel.

The Export-Import Bank of the United States is accelerating its efforts to get small businesses in the export game, but supporters in industry say the bank needs to make changes to extend its reach.

Jacques Saade’s return to the helm of French ocean carrier CMA CGM completes a Lazarus-like revival of a company tipped as the most likely casualty of the deepest recession in the history of con

May 1 will mark a milestone for importers in the U.S.-Asia trade. Many of the 2011-2012 service contracts they sign with ocean carriers will no longer provide free chassis usage to shippers.

Hanjin Shipping’s planned terminal at the Port of Jacksonville is several years from being completed but it’s already busy with activity — just not the cargo handling the Florida por

Percy Pyne IV is a New York real estate magnate accustomed to thinking big.

Kuehne + Nagel is expanding its South American perishables network by acquiring three companies that together handle about 75,000 tons of air export perishables annually.

U.S. growers are in a good position to gain market share in China’s fast-growing fresh fruit market, but will need to continue marketing aggressively, according to a report from the U.S.

Concerned about looming completion, the Florida Citrus Commission has commissioned a three-year, $174,941 study to determine if China’s growing citrus industry will cut into Florida’s shar

President Obama’s plans to visit Brazil and Chile in March are bringing renewed media attention to the region, but South America has been seeing steadily increasing trade levels, especially with

Food importers will be looking more closely at their foreign suppliers — a new food safety measure signed into law early this year requires them to vouch for the safety of imported products and

Take droughts and floods, add an improving global economy and increasing numbers of middle-class consumers, then mix in several animal diseases, consumer fears, political tension, protectionism, heavy

Vessel-handling operations were starting to return to normal in Port Said, Egypt, Feb.

Vessel utilization rates in early January in the eastbound trans-Pacific averaged 88 percent to the West Coast and 95 percent to the East Coast leading up to the Chinese New Year celebration, and trad

French ports are at a standstill Feb.

Container throughput at terminals in the Port of Philadelphia increased 18 percent in 2010 to 264,059 20-foot equivalent units, compared to the 222,900 TEUs handled in 2009, the Philadelphia Regional

HHLA, Hamburg's biggest stevedore, boosted container traffic 19 percent in 2010 from a year ago, outpacing its rivals and increasing its market share in the Le Havre-Hamburg port range.

Middle East carrier United Arab Shipping Company announced a "contingency surcharge" on cargo moving to and transshipped via ports in Egypt.

Matson Line's operating profit dropped 14 percent to $11.6 million in the fourth quarter of last year from $13.9 million in the same 2009 quarter.

Mediterranean Shipping Co. announced a series of increases in freight rates and bunker surcharges, all of which are effective March 1.

The Port of Oakland received a $5 million grant from the Bay Area Air Quality Management District for a shore-side electric power project that will allow vessels at berth to operate on clean electrica

The Montreal Port Authority and the two companies that operate the port's three key container terminals on Thursday announced two level-of-service agreements that are intended to produce supply chain

The Suez Canal remained open to ship transits Thursday and shipping companies are re-opening offices despite escalat

A strike by unionized dockworkers Wednesday morning crippled operations in India’s Port of Cochin, a major gateway on the southeast coast.

TUI and a group of German investors are moving toward an initial public offering for German shipping line Hapag-Lloyd in the second quarter, Reuters reported.