Container Shipping News

An unfamiliar mood of optimism appears to have entered the container shipping industry, a feeling that has been absent for years.

Eimskip said it has 15 working days to reply to the preliminary objection.

Hutchison Port Holdings Trust CEO Gerry Yim tells JOC.com how the launching of new alliances will impact the core facilities of his company.

Container lines are preparing March 1 rate hikes in anticipation of improving demand into the second quarter.

The lack of detail in the schedules of the two mega-carrier alliances launching on April 1 is causing “planning headaches."

Retailers and large direct importers urge restraint in interpreting the January import numbers.

The legal salvo is the latest sign of how Hanjin containers continue to disrupt the global container shipping market.

Spot rates in eastbound Pacific dropping during post-Chinese New Year lull, but not as steeply as last year.

Spot rates on the Shanghai-Europe trade have fallen for the seventh straight week.

"A container shortage is possible."

The move furthers the South Korean carrier’s efforts to generate cost-reducing synergies.

A senior source close the matter told JOC.com that the government of Hong Kong had made its concerns known over such changes to Beijing.

Even though container volumes grew 4 percent in the fourth quarter of 2016, this did not lead to a corresponding increase in demand for container ships.

The national carrier returned to profitability in the third fiscal quarter.

Signs of a container shortage are emerging with leasing companies reluctant to place orders for new containers until they get their Hanjin leased boxes back, and up to 40 percent of those units have yet to be recovered.

Spot rates in eastbound Pacific drop marginally in the second week of the Lunar New Year.

The days when the largest, so-called premier carriers booked directly with beneficial cargo owners are over.

Hyundai Merchant Marine in 2016 reduced its financial losses 99.3 percent.

Shreyas Shipping & Logistics is adding more vessels to its fleet.

Shippers hope the next negotiations go more smoothly than those in 2012 and 2013.

Maersk Line and MSC have expanded their Asia-North Europe and trans-Pacific services to accommodate the volumes from a slot deal signed with HMM and Hamburg Süd.

Problems are inevitable any time the normal routine is disrupted at a marine terminal.

There are clear signs of tightness in the container leasing market.

In an exclusive interview, MSC CEO Diego Aponte says spring may finally be in the air for container carriers.

It has been 10 weeks since spot rates on the China-Europe trade fell sharply as demand continues to fall off in the post-Lunar New Year slump.

Loaded container imports will increase substantially year-over-year in the first half.

Maersk Line managed to grab market share from its competitors during the brutal rate war of 2016, which could be useful as the carrier prepares to compete against the two new alliances from April 1.

China's tariffs on US DDGs is killing exports of this important containerized commodity.

Rodolphe Saade joined CMA CGM in 1994.

There remain parallel, divergent narratives as to how strong the market truly is headed into the 2017 TPM conference later this month.

After posting a $376 million annual loss, Maersk Line believes rising freight rates in 2017 will have a dramatic effect on its profit.

Shippers can do a few things to protect themselves from another Hanjin-like disaster on the seas.

Freight traffic grew by double digits across the DFDS network, and cargo rates increased.

A fourth quarter growth in volumes and revenue could make a tough year a little less painful for the world's market leading liner shipping company.

The deal takes effect April 1 along with the reordering of global shipping alliances.

Central American producers to expand their markets by extending the shelf lives of perishable shipments.

With exports to the US dropping significantly, freight rates would have normally dropped sharply.

Beneficial cargo owners got a taste of what to expect back in 2012.

Asia-Europe spot rates continue to hold their ground in the traditionally quiet post Chinese New year period.

The deep capacity cuts forecast by Seaintel come as spot rates on the trans-Pacific and Asia-Europe trade lanes are at least 50 percent higher than last year.