Container Shipping News

Global Ports’ revenues and profits declined in the first half of the year as lower traffic at its Estonian oil terminal and Finnish ports outweighed higher container volume at its domestic Russi

Singapore-based ocean carrier APL said it is struggling to move containers to and from the Port of Dammam, Saudi Arabia, because of terminal congestion and yard delays.

Let’s hoist a glass of Stolichnaya to some of the top Fortune 500 industrial giants in a Russian mood these days.

The ocean container industry is holding its collective breath as carriers attempt to pull off the seemingly impossible feat of raising freight rates in a sputtering global economy that’s slowing

Federal mediation of International Longshoremen’s Association contract talks has revived hope for a settlement or temporary extension to avert a threatened East and Gulf Coast port shutdown at t

Mediterranean Shipping Co. came within 105,716 20-foot-equivalent units in imports from becoming the top carrier in all three segments of U.S. trade: imports, exports and total trade.

Hapag-Lloyd will impose a general rate increase on all cargoes from East Asia to Mexico, Central America a

CSAV said it and some of its employees have received subpoenas from U.S.

Panalpina boosted its fast-growing less-than-containerload Asia-Europe network with the launch of three services from China and Singapore to Hungary, the Czech Republic and Austria.

OOCL has launched a new intra-Asia service linking Taiwan and China to Japan.

India’s exports shrank for the fourth consecutive month in August on a year-over-year basis, falling 9.7 percent to $22.3 billion, according to preliminary figures released by the Commerce Minis

Strong iron ore, cement and coal shipments boosted volume nearly 6.8 percent year-over-year on the St. Lawrence Seaway in August.

U.S.

Dubai’s DP World is selling its breakbulk terminal in Antwerp to focus on its core container operations at the Belgian port.

The volume of containers handled by the Port of Savannah in August jumped 13.8 percent year-over-year to 270,610 20-foot-equivalent units, the port’s second-highest monthly TEU count.

The latest engine and hull designs for container ships are so fuel-efficient and save so much money that shipowners are willing to pay a hefty premium over the price for standard vessels for the so-ca

Hapag-Lloyd will upgrade its Mediterranean-Canada Service with an additional eastbound call at Lisbon, Portugal, starting in October.

Worldwide demand for fresh and frozen potatoes continues to climb and U.S. growers sold more than 1.5 million metric tons worth almost $1.6 billion during the marketing year that ended June 30.

High corn prices continue to be felt by beef and pork producers as export volumes drag.

OOCL plans to raise rates on the eastbound trade from North Europe to Asia at the beginning of October.

The volume of containers handled by the Port of Virginia soared 24 percent to 188,658 20-foot container units in August from 151,975 TEUs in the same month a year earlier, in part because the port&rsq

Delmas is suspending bookings of cargo to the Democr

CMA CGM has launched a feeder service linking Bilbao to Le Havre, the Spanish port said this w

U.S. exporters of agricultural products say uncertainty surrounding the International Longshoremen’s Association Sept. 30 contract expiration is already slowing production and deliveries.

Singapore-based Bengal Tiger Line will launch an intra-Asia service in mid-September from India’s Port of Krishnapatnam, a new privately owned cargo hub on the east coast.

The damaged container ship MSC Flaminia docked in Wilhelmshaven, Germany, seven weeks after an explosion and fire killed two crewmembers and forced the ship’s abandonment in the mid-Atlantic.

Italian short-sea shipping company Atlantica di Navigazione has purchased six roll-on, roll-off vessels from Hong Kong-based bulk carrier operator Pacific Basin for 153 million euros [$196 million].

The Maritime Administration said its recently announced study of the effects of the Oil Pollution Act of 1990’s requirement for double-hull ships “is being

APL Logistics and Con-way Freight are rapidly expanding their OceanGuaranteed service for less-than-containerload cargo from Asia.

Containerized imports at major U.S.

Hapag-Lloyd has announced a temporary suspension of its calls at Puerto Caldera, Costa Rica, as part of its

CMA CGM rebounded to a $178 million net profit in the second quarter from a $248 million net loss in the opening three months of the year driven by a “substantial “ upturn in freight rates

Efforts were under way Monday to extinguish a fire that continued to burn aboard an Antigua and Barbuda-flag container ship off Mumbai harbor, Indian maritime agencies said.

APM Terminals has acquired a 37.5 percent stake in Russia’s Global Ports worth $860 million, making the port-operating arm of Denmark’s A.P.

Container throughput at major ports in India grew about 2.5 percent year-over-year from April through August, according to preliminary figures released by the Indian Ports Association.

Trans-Pacific volumes are performing well but the outlook for Asia-Europe is at best “challenging,” according to one leading shipping executive.

International Longshoremen’s Association and management negotiators are running out of time to avert a threatened Maine-to-Texas dock strike that is forcing shippers to scramble for alternatives

There’s a reason they’re called “emerging markets.” Although markets such as India, Vietnam, Brazil and Russia offer the highest upside, it can take years — more than a d

The drought that stretched across much of the U.S. this summer decimated corn and soybean crops, with the U.S.