Container Shipping News

NYK will restructure its Japan-Thailand-India service (HLS).

Maersk Line has added Hazira, India, as a port call on its Europe-Middle East service rotation to enhance direct coverage of India to and from the east Mediterranean.

Cosco Container Lines will increase rates on all shipments from the Far East and Indian subcontinent to Panama, the Caribbean (Venezuela, Columbia and Costa Rica) and Mexico, starting March 15.

APL will increase rates on all containers in its trade from India to Canada and the U.S., excluding Puerto Rico, effective March 15.

Neptune Orient Lines today reported a net loss of $98 million in the fourth quarter of 2012, improving 69 percent from a net loss of $320 million in the fourth quarter of 2011.

Imports into China are again set to rise this year after growth rates for container shipments and value of imports outstripped exports in 2012.

Hapag-Lloyd will increase rates for all cargoes and container types from East Asia, excluding Japan, to the Red Sea, by $500 per 20-foot-equivalent unit, effective March 15.

More than 80 percent of ocean shippers are looking to cut costs through e-invoicing in 2013, according to a survey of high-volume shippers and freight forwarders by INTTRA.

Matson Logistics has opened a new distribution center in Savannah, Ga.

Eos Risk Management has launched a maritime security service in West Africa to protect commercial ships on their way through the Gulf of Guinea, which has been designated as a high risk area for piracy.

The Los Angeles Customs Brokers and Freight Forwarders Association has elected Karen Quintana, the western regional director of compliance at Yusen Logistics (Americas), to its board of directors.

LCL Logistix has opened its third container freight station in Haldia, near Kolkata Port on India’s east coast.

Japan’s exports to the United States rose for the first time in two months in January on a year-on-year basis, surging 10.9 percent to $9.03 billion, according to preliminary figures released by the Finance Ministry on Wednesday.

Quest Navigation has leased a ship in anticipation of restarting ferry service between Portland, Maine, and Yarmouth, Nova Scotia, and could, if awarded the contract, begin offering ferry service as early as...

NYK Line will increase rates for dry cargo on its trans-Atlantic trade, effective March 21.

Mediterranean Shipping Co., will increase rates on all southbound cargo from Europe and the Mediterranean to Australia and New Zealand, effective April 1.

CMA CGM will hike rates for dry and refrigerated cargo on its trade from India and Pakistan to the U.S. East Coast, starting March 15.

Eimskip will open a new office in Gdynia, Poland, on March 1.

Hamburg Sud and Alianca Navegacao will increase rates for all cargoes from North Europe and the U.K. to South America’s east coast, effective April 1.

Hapag-Lloyd will hike rates for all cargo and container types on its trade from North America to Latin America, effective April 1.

Hurricane Sandy shipment claims, coming on top of a record year for marine insurance claims, may cause a flattening of the overcapacity in the insurance market that has led to steep declines in premiums over the last few years.

Box Ships today reported profit in the fourth quarter of 2012 was $2.9 million, dropping 48 percent from $5.6 million in the fourth quarter of 2011.

Diana Containerships reported profit in the fourth quarter of 2012 was $0.3 million, falling from $1.3 million in the fourth quarter of 2011.

U.S. goods exports to Hong Kong have been increasing in recent years, said Donald Tong, Hong Kong Commissioner for Economic and Trade Affairs, at a reception...

CMA CGM will hike rates on its trade from northern Europe to India and Pakistan, effective March 3.

Combined export value of U.S. poultry meat and eggs reached a record $5.7 billion in 2012, a 12 percent increase from 2011...

The Canadian Transportation Agency has appointed Sam Barone as vice chair for a five-year term, according to Denis Lebel, Canada’s Minister of Transport, Infrastructure and Communities.

Hapag-Lloyd has announced rate increases and surcharges that will become effective March and April.

CAI International reported profit of $64.3 million last year, increasing 27 percent from $50.8 million in 2011.

Va-roooom! Auto parts shipments been gaining speed for three years since the Great Recession, and they’re poised to accelerate further in 2013.

Hapag-Lloyd will increase rates on its trade from the Indian subcontinent (Pakistan, Bangladesh, Sri Lanka and the Maldives) to the U.S. and Canada, effective March 15.

Singapore-based Pacific International Lines is expanding its Africa-Middle East-India Service with a weekly call at India’s Port of Hazira.