Container Shipping News

Some North American marine terminals have refused to work Hanjin Shipping vessels for fear they will not be compensated.

Sharp spot rate increases could take effect as soon as Thursday.

The idle container ship fleet remains above 1 million 20-foot-equivalent units and is still rising.

Debt-stricken Hanjin Shipping will file for court protection after losing the support of its banks unhappy with its restructuring efforts.

Few things spook shippers more than the potential for a ship to be arrested in port, something Hanjin has reportedly faced and may see more of as creditors come collecting.

A merger of Hanjin and HMM is in the national interest, believes the Korea Shipowners Association.

The days of multiuser container terminals could be coming to an end, according to the head of a Colombian container terminal.

Mediterranean Shipping Co. has introduced a new container service between India and Africa to “improve transit times and enhance delivery to those destinations.”

Samskip, the Icelandic shipping and logistics group, has bought Norway’s Euro Container Line.

The Korea Exchange has asked the country’s largest carrier for clarification on media reports that it has lost the support of South Korean banks.

An 11-year high tide combined with beach erosion to shut down South America’s busiest port and cast doubt on plans to dredge deeper so the port can handle larger ships.

Maersk Line launched a new feeder service to the western Chinese port city of Yibin.

Eimskip is on the acquisition trail again.

There is a glimmer of light at the end of the Hanjin tunnel as its main charterer agrees to a deal and foreign banks delay debt repayments.

Caribbean container ship operators have tried to rationalize vessel capacity, but their efforts have failed to curb the decline in rates.

Hapag-Lloyd shareholders Friday paved the way to a merger with United Arab Shipping Company and creation of the world’s fifth-largest container shipping line.

Vessels carrying peak-season imports from Asia are filling up.

Germany’s Rickmers Holding and ER Capital have dropped plans to merge their ship management operations.

Matson will build two container/roll-on, roll-off ships.

The reign of container terminals as profit leaders in supply chains is under pressure.

The weather system currently extends from eastern Cuba north to the central Bahamas.

Korean Air Lines is swooping in to support Hanjin Shipping.

It may not seem like it, but there has been an upward trend in Asia-Europe freight rates since the March lows.

The world’s No. 2 container maker, slumped to a loss in the first half of 2016.

U.S. maritime regulators have more questions for the Ocean Alliance.

A group of Asia-based container lines are teaming up to offer new joint services on the intra-Asia trade.

It is hard to believe that Venezuela’s container import business could get any worse — but it has done just that in 2016.

Hanjin Shipping on Thursday submitted its plan to boost liquidity to the Korea Development Bank.

APL’s tie-up with CMA CGM has allowed the Singapore liner to re-enter the India-Europe trade lane.

The Aotea Maersk will become the largest container ship ever to visit New Zealand when it calls at Tauranga on Oct. 4.

Investigators have collected 26 hours of information from the voyage data recorder of El Faro.

Tighter global emission standards on container ships are giving birth to a new vessel type designed specifically to ply the Irish Sea.

Many U.S. exporters are still confused about how to meet Chinese rules aimed at preventing the spread of the Zika virus.

Commercial shipping's opportunities to do business with Cuba are unlikely to significantly improve until at least February 2018.

Cheaper production and material costs and sagging demand have contributed to the decline.

China's Zhuhai port is banking on increased trade with Pakistan and South America to help it more than double container traffic.

Hapag-Lloyd revealed that the United Arab Shipping Company booked a loss in 2015 and is still losing money ahead of a shareholders’ meeting to clear the way for a merger.

Hutchison Port Holdings expects to open a second container terminal in Pakistan by October.

Hanjin Shipping will submit a plan to raise liquidity to its largest creditor, the Korea Development Bank, on Thursday.

Shipping Corporation of India and Shreyas Shipping and Logistics could not increase profits in the first fiscal quarter as they teamed up to corner coastal demand.