Container Shipping News

TITAN Salvage has refloated the 262-foot cargo ship Danio, after the vessel ran aground at Farne islands, on England’s Northumberland coast, while it was carrying a load of timber from Scotland to Belgium.

Maersk Line has announced several upcoming service changes.

Maersk Line is upgrading its MECL1 and MECL2 services, which connect the Middle East, the Indian subcontinent and the U.S. East Coast.

Hapag-Lloyd will hike rates for all cargoes on its trade from Mexico to Colombia, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, Dominican Republic and Venezuela, starting May 22.

CMA CGM will increase rates for dry shipments on its trade from Asia to West Africa, beginning May 1.

Regardless of the trade route, the container shipping industry revolves around a pretty basic concept: What comes in usually goes out.

As container lines in the eastbound trans-Pacific make their annual sprint to the May 1 finish line to sign service contracts with their customers, victory is within reach. The question is who will declare it and how will it be measured?

Barge shipping on the Illinois River and north of St. Louis on the Mississippi River remains at a standstill today as flooding has forced about a dozen river locks to close following torrential rains last week, The Gazette reports.

The Mississippi River has reopened at Vicksburg, Miss., today, after officials determined there was enough water covering a barge that sank over the weekend to allow other vessels to safely navigate through...

Navios Maritime Holdings, a NYSE-listed tanker and dry bulk vessel owner, has moved into container shipping, acquiring five vessels from debtors of HSH Nordbank.

OOCL has announced that the Norfolk Express vessel on the Gulf Mexico Service, GMX, will be replaced on its current voyage by another vessel, Irenes Rainbow, effective immediately.

Asian exporters have been warned to expect sudden cancellations of shipping services and rejigged schedules to Europe as ocean carriers scramble to reverse an accelerating collapse in freight rates.

Ever Liven, the 10th in a series of 8,452 20-foot-equivalent unit L-type container ships to be operated by Evergreen Line, has been christened at the Samsung Heavy Industries shipyard in South Korea.

The marine freight transportation industry’s revenue is expected to reach $411.6 billion by 2017, according to Luctinel’s “Top 5 Global Marine Freight Transportation Service Companies: Performance, Strategies and Competitive Analysis” report.

Container carrier Mitsui O.S.K. Lines will launch its new Finland Express Service on April 29, to expand service in the Baltic region.

CMA CGM’s Alexander von Humboldt container ship today began its maiden voyage in Busan, South Korea.

Japanese containerized cargo trade will rise 2.6 percent in fiscal 2013, which started on April 1, from a year earlier to 12.760 million 20-foot equivalent units, a Tokyo-based research firm predicted in a new report.

The United States supplanted China as Japan’s biggest export market in fiscal 2012, which ended on March 31, for the first time in four years, according to preliminary figures released by the Finance Ministry.

United Arab Shipping Co. has appointed Lars Christiansen chief trade officer and Uffe Østergaard chief commercial officer, as part of the company's new transformation and investment program.

Maersk Line vowed the imminent deployment of the world’s largest container ships in the Asia-Europe trade would have a neutral impact on capacity as it warned of the risk of an all-out rate war on the westbound leg of the biggest liner route.

The European Parliament has approved of plans to clean up the scrapping of old ships to ensure the materials are recycled in EU-approved facilities worldwide.

U.S maritime advocates have warned of the crippling of the Merchant Marine before, only for the institution dating back to revolutionary days to soldier on. This time, however, their fears appear warranted.

Diana Containerships, through a separate wholly-owned subsidiary, has signed a memorandum of agreement to sell its 1989-built vessel Maersk Madrid to an unaffiliated third party for demolition...

Mediterranean Shipping Co. will hike rates for all cargo on its Panda and Wallaby services in its trade from the Far East to any Australian port, starting May 15.

Cosco will boost rates for all shipments on its trade from the Far East, excluding Japan, and the India and Pakistan region to northwest Europe and the Mediterranean...

Beyond the biggest carriers — the Maersk Lines, MSCs, CMA CGMs, APLs and Evergreens — that dominate the U.S. containerized ocean trades are some of the biggest movers. The Journal of Commerce Top 40 Container Carriers, after all, isn’t just about the Top 10.

APL Ltd. said it plans to scrap four 1980s-built U.S.-flag container ships that are seeing reduced demand for military shipments as the Iraq and Afghanistan wars wind down.

China Shipping Container Lines has opened an office in Johannesburg, South Africa, according to a Chinese language press release.

Starting May 4, Cosco Container Lines, Evergreen Line, PIL and Wan Hai Line will launch a new weekly service linking Asia and the west coast of South America, called Asia-South America Service, WSA2.

Hapag-Lloyd will increase rates for all cargoes and container types from East Asia to the Red Sea, starting May 15.

Singapore-based APL appears poised for a turnaround as it takes delivery of new fuel-efficient ships and reorganizes its global network to take advantage of the vessels’ lower slot costs.

Cochin Shipyard, Union Territory of Lakshadweep and Lakshadweep Development Corporation in India have signed a memorandum of understanding to repair ships owned by UTL.

Mediterranean Shipping Co. will increase rates for all export cargo on its trade from the California ports of Oakland and Los Angeles to Australia and New Zealand, starting June 1.

Actions by some shipping lines to add vessel capacity onto the eastbound lane of the trans-Pacific trade to the U.S. West Coast may depress vessel utilization levels for the rest of the year, according to Drewry Shipping Consultants.

Hapag-Lloyd will boost rates for all cargoes and container types on several of its trade routes, starting May 15...

Starting May 11, Evergreen Line will team up with Cosco and Zim Integrated Shipping Services to upgrade the fleet operating its Far East to South America service, ESA, linking China Singapore and South America’s east coast.

Mitsui O.S.K. Lines has revamped its Pacific Southwest Express, PSX, service deployment to provide additional port coverage at Kobe, Japan.