Container Shipping News

After completing the most disappointing service contracting season on record, shipping lines in the eastbound Pacific can at least feel confident that things won’t get any worse.

French container line offers online page to help customers.

Hyundai Merchant Marine announced Wednesday that it has reached a resolution with holders of all five bond issues that are maturing in 2016 and 2017.

Hyundai Merchant Marine said on Tuesday that the first three of five meetings with bondholders to renegotiate credit terms were successful.

Another week, another step closer for CMA CGM toward acquiring NOL.

The worst could be over for the Asia-North Europe trade, but maybe not, Drewry says.

2M restructures its Asia-North Europe services to better manage its scale.

The relaxation of U.S. rules regarding trade with Cuba has yet to translate into higher shipping volumes.

Rise ends three consecutive weeks of decline.

A crackdown on existing inspection standards could reduce the number of vessels available to carry cargoes in U.S. domestic waterborne trade.

June 1 general rate increases make their presence felt on Asia-Europe.

Forwarders see little sign of a rate rebound in spot and contract rates on the trans-Atlantic.

Hyundai Merchant Marine has said its financial restructuring will allow it to acquire mega-ships.

Zim Integrated Shipping Services swung to a loss in the first quarter despite an increase in container volume.

The fleet of idled container ships has fallen to its lowest level since November 2015.

Maersk Line continues to outperform competitors.

Hapag-Lloyd has postponed its annual shareholders’ meeting scheduled for June 1.

Chinese regulators have approved the French line's takeover of NOL.

APL has unveiled a new tool to help shippers understand SOLAS around the globe.

U.S. containerized exports rose in the first quarter of the year for the first time after six successive quarters of decline.

Hyundai Merchant Marine said Tuesday that it had met the requirements necessary to proceed with bondholder meetings scheduled for May 31 and June 1.

Eimskip wants to connect Greenland to the global container trade.

Shippers, marine terminals and container lines could get some leeway in the first three months of the new SOLAS container weighing rule.

Though a recently formed container line alliance appeared to be hastily thrown together, it is planning an extensive and trouble-free integration of its fleet.

OOCL has warned its customers of the complications and penalties they face if they fail to comply with the SOLAS container weight rule.

The major China export gateway of Yantian will offer container weighing services to help shippers comply with the SOLAS container weight rule.

As the July–October peak shipping season nears, excess retail stock could act as a drag on containerized imports.

A U.S. Coast Guard Marine Board of Investigation bore down on ABS “outsourced” inspection processes this past week.

Volume growth couldn't propel CMA CGM to a profit in the first quarter.

Hyundai Merchant Marine has ended negotiations with its ship charterers to secure lower rates.

Hanjin Shipping's largest creditors gave it it a temporary reprieve as it enters one of the hardest parts of its restructuring.

Hamburg Sud will use the platform of Inttra, the U.S.-based shipping electronic marketplace, to ensure compliance with the international container weight regulation that comes into effect on July 1.

Carriers throw GRIs, rate restorations, peak season surcharges and even "structural revenue recovery programs" at shippers as spot rates fall.

The Port of Charleston has changed its mind on its previously announced SOLAS policy.

Container lines and U.S. ports have asked the U.S. maritime regulator for permission to get together to craft a common strategy for dealing with SOLAS.

Congressional pressure is intensifying on stakeholders in the containerized supply chain to find an agreeable response to the SOLAS rule.

New emissions regulations are impacting the cost of shipping to various degrees.

The Suez Canal Authority’s steep toll rebate has failed to lure back ships that have been rerouted via the Cape of Good Hope.

United Arab Shipping Company shareholders are to vote early next month on a cooperation deal with Hapag-Lloyd.

Help us and we all win, is HMM's message to its vessel charterers reluctant to offer discounts.