Container Shipping News

Alberto Aleman Zubieta, 62, will receive the 2012 Connie Award, presented by the Containerization & Intermodal Institute on Dec. 10 at The Newark Club in New Jersey...

France’s state investment fund Fonds Strategique d’Investissement will subscribe to CMA CGM bonds redeemable in shares for $150 million in return for a 6 percent stake in the France-based container shipping company...

CMA CGM recently launched the Citrus Express, a seasonal service to transport citrus exports from Turkey and Egypt to Russia.

CMA CGM recently announced the reshuffling of its Asia-Mediterranean services, including the removal of its Turkey Shuttle, effective Nov. 8.

Shipping company Hyundai Merchant Marine will no longer offer refrigerated services from the U.S. East Coast to Asia, starting Jan. 1, 2013.

August goods exports were $128.5 billion, a $2.1 billion decrease from July; and goods imports were $187.8 billion, a $0.7 billion decrease, announced the U.S. Census Bureau and the U.S. Bureau of Economic Analysis...

Panalpina Group’s air freight volumes are expected to be weak in the third quarter of 2012, negatively impacting the company’s preliminary earnings...

The Port of Virginia handled 182,318 20-foot-equivalent units in September, up 11 percent compared with September 2011 and the port’s eighth consecutive month of growth...

Direct ChassisLink, Inc. will become a participant and chassis contributor to Consolidated Chassis Management, LLC’s Chicago and Ohio Valley Consolidated Chassis Pool and Gulf Consolidated Chassis Pool...

Year-to-date cargo shipments were 25.1 million metric tons from March 22 to Sept. 30, basically flat compared with the same period in 2011, reported the St. Lawrence Seaway today.

The Panama Canal reached record tonnage of 333.7 million Panama Canal tons during fiscal year 2012, which ended Sept. 30.

A handful of importers in the eastbound Pacific trades sign their annual service contracts during the cold winter months when spot market rates are low and carriers are anxious to lock in cargo commitments for the coming year.

The U.S. surpassed Canada as the largest wood pellet exporter in the world in the first six months of 2012....

Imports at 10 top U.S. container gateways are expected to increase nearly 10 percent in October as merchants wrap up their pre-holiday shipping season

Jones Act carriers transport life’s essentials to residents of Alaska and Hawaii as states linger in recovery mode.

A.P. Moller Maersk will ask energy trading company Vitol regarding its use of the Maersk Producer.

OOCL today announced the winter schedule for the Scan Baltic Express.

Maersk Line, the global containerized division of the A.P. Moller–Maersk Group, is expanding its Daily Maersk service.

Maersk Line plans to hike its rates on westbound trade from the Indian subcontinent to North Europe, start

Joe Ruddy had a big problem.

E-commerce distribution is expanding at the speed of broadband, giving a jolt to the broader industrial space market that is picking up but still growing closer to the pace of modem dial-up.

The U.S. Grains Council is predicting a strong Chinese corn crop, driven by higher yields and an increase in planted acreage.

The G6 Alliance of European and Asian container carriers will start a feeder shuttle between two German

Turkey’s Yildirim Holding has acquired a 54 percent stake in Gemport, a container terminal on the southeast coast of the Marmara Sea near the capital, Istanbul.

Container volumes at West Coast ports inched up in August, with imports increasing slightly and exports decreasing a bit.

WASHINGTON D.C.— The U.S.-Panama free trade agreement likely will take effect in November, with the signature of President Ricardo Martinelli being one of the last steps to implementing the long-delayed pact.

Representatives of the International Longshoremen’s and the New York Shipping Association have opened negotiations on a contract covering issues including work rules and pay practices in the Por

Without being detected, pirates recently plundered NZ$20,000 (about US$16,387) of specialized salvage equipment that had been on board the barge RNG280 as it sailed through the Strait of Malacca on it

CMA CGM is in advanced negotiations for a $150 million cash injection by France’s state investment fund in return for a 6 percent stake in the French ocean container carrier, according to media

The Containerization and Intermodal Institute presented its 2012 West Coast Connie Awards to Matthew J. Cox, president and CEO of Matson Inc., and Donald C.