Container Shipping News

Trans-Pacific service contracts in early 2017 will have the shadow of Hanjin falling over the negotiations.

Analyst questions the value to incumbent Asia-US operators of Hanjin's trans-Pacific network.

A system aims to provide a single collection point for information on container status, vessel schedules, and empty-container returns, among other information.

The group has disposed of its entire 34.2 percent stake.

Collapse of Hanjin Shipping highlights needed for better understanding of carrier risk.

China Cosco president spells out the way forward for container lines as they sail up to a crucial crossroad.

A chassis provider has asked a federal judge to cancel all its per-diem leasing agreements with Hanjin Shipping.

The value of second-hand Panamax container ships has plunged by as much as 45 percent.

Deepwater Wind’s $300 million, 30 MW project three miles off Block Island, Rhode Island, is small compared with big onshore and offshore projects at other locations, but it’s seen as a breakthrough for the US market.

Deliveries of ship-to-shore container gantry cranes, which are transported by specialized heavy-lift vessels, rose slightly in 2015.

The world’s largest trading center for plants and flowers is experimenting with refrigerated ocean containers.

Crowley Maritime’s customs brokerage subsidiary will participate in a pilot program at Miami International Airport for ocean-to-air transshipment of perishables.

A Hanjin vessel released from arrest at Panama is one of three stopping at the Port of New York and New Jersey to deliver long-awaited cargo to the port in a four-day stretch.

Trans-Pacific spot rates rose this week ahead of an Oct. 15 general rate increase.

The top 18 container lines face potential asset writeoffs of about $35 billion.

The impacts of Brexit on the world’s largest trading center for plants and flowers provides a window into how the decision to leave the EU will impact European trade and corporations.

Spot rates on Asia-Europe recorded an increase this week, albeit a small one, surprising the market that was expecting the slump to continue well into the low season.

Hanjin Shipping has received permission from a South Korean court for the sale of the carrier’s assets in the Asia-US container trade.

CMA CGM has named Michel Delville as the French ocean carrier’s CFO.

Container ship transits through the Panama Canal are running well below capacity following its $5.25 billion widening.

Indonesia is considering a reduction in transshipment charges.

A Long Beach container terminal's willingness to collect Hanjin Shipping containers only solves part of the problem.

With many container lines overleveraged and reporting losses, unsupportive lenders are another pitfall for the industry.

The fleet of idled container ships is soaring as bankrupt South Korean container line Hanjin Shipping returns chartered vessel.

The world’s factory will focus more on domestic consumption, and its citizens will increasingly sate their taste for foreign goods domestically.

Hanjin Shipping terminals in the United States will begin to accept empty Hanjin-owned containers.

The ship’s arrival in New York is the latest sign that a slowly growing portion of the troubled liner’s fleet is finally reaching its destination.

US exports may be finally on track for growth after two down years.

The struggling multipurpose shipping sector shouldn’t count on a rebound in container and dry-bulk rates for a quick return to profitability.

Steel is the world’s most important industrial material and has direct and indirect impact on breakbulk volumes.

Upward of 20,000 empty Hanjin containers remain scattered throughout Southern California with no place to go.

Hanjin Shipping cannot require payment from exporters who find another carrier to move cargo that the South Korean carrier was unable to deliver, a US bankruptcy court judge has ruled.

The committee is scheduled to meet Oct. 23 to determine whether the 0.5 percent global cap should take effect in 2020 or be postponed till 2025.

Hanjin's bankruptcy has shown that it is not only shippers that need to pay attention to the financial state of their chosen carriers, alliance members also need to keep an eye on their partners.

Shippers want assurance from ocean carrier alliances that there are emergency plans in place if one of their container lines can’t deliver its own cargo and that of its member partners.

Shippers must be keenly aware of the financial health of their container lines, and the alliance partners of those lines, if they want avoid the type of widespread disruption experienced during the collapse of Hanjin Shipping.

Exports of all kinds have been lackluster the past year because of the strong dollar, so any anitpathy towards them is likely to have an impact.

A federal judge on Friday ordered Hanjin Shipping to reveal when vessels it operates go off charter, opening them up to arrest should they enter US waters without paying off liens held against them.

NYK Line on Friday announced that it expects to book extraordinary losses of nearly $2 billion.