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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
Subsections
Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
Asia-Europe
The latest
Container Shipping News
& Analysis
Charter Revenue Doubles at Shipowner Box Ships
Bruce Barnard, Special Correspondent |
Greek container shipowner Box Ships Inc. more than doubled second quarter charter revenue to $15.44 million from $7.22 million a year ago as it continued to expand its fleet.
Forwarding
ILA, USMX Committees to Meet
Joseph Bonney, Senior Editor |
The International Longshoremen’s Association and United States Maritime Alliance will hold meetings this month by ILA-USMX committees assigned specific issues in negotiations for a new East and
Longshore labor
Maritime
Forwarding
Hanjin to Resume Service to Portland
Bill Mongelluzzo, Associate Editor |
Convinced that labor productivity at the Port of Portland has returned to normal, Hanjin Shipping will resume making ship calls at the Pacific Northwest port.
Port News
Container lines
MSC to Hike Asia-US Cargo Rates
Peter T. Leach, Senior Editor |
Mediterranean Shipping Co. plans to raise freight rates Sept. 1 on all cargo originating in the Far East and Southeast Asia shipped to the U.S. and Puerto Rico.
Forwarding
Container lines
ILWU Clerical Workers, Employers Return to Bargaining Table
Bill Mongelluzzo, Associate Editor |
Office clerical workers and waterfront employers in Los Angeles-Long Beach a
Longshore labor
Forwarding
Stricken MSC Ship Towed Farther From Land
Joseph Bonney, Senior Editor |
The fire-damaged container ship MSC Flaminia was towed to about 200 miles from the British coast while salvors waited for weather to improve enough to allow firefighters to reboard the ship.
Container lines
Container Traffic Up 3 Percent at West Coast Ports
Bill Mongelluzzo, Associate Editor |
West Coast ports recorded solid gains in container traffic in June, with imports up 4 percent over the same month last year, and total volume increasing 3 percent.
Port News
Forwarding
Yusen Logistics Net Profit Nearly Triples
Hisane Masaki, Special Correspondent |
Major Japanese international freight forwarder Yusen Logistics Co.
International ports
Forwarding
DSV's Profit Up 5.9 Percent in Second Quarter
Bruce Barnard, Special Correspondent |
DSV’s core profit increased 5.9 percent in the second quarter from a year ago as the Danish logistics and freight forwarding group cut costs to maintain margins in its global air, sea and trucki
Logistics Technology News
Forwarding
Trans-Pacific Carriers Secure Small Portion of Aug. 1 Rate Increase
Peter T. Leach, Editor-at-Large |
Average spot rates on the eastbound trans-Pacific increased by 3 percent this week, or $71 per 40-foot-equivalent container, indicating that carriers have only been able to nail down a small portion of the general rate increase of $500 per FEU that some members of the Transpacific Stabilization Agreement scheduled for today, Aug. 1.
Forwarding
DP World Container Traffic Up 7.5 Percent
Bruce Barnard, Special Correspondent |
DP World’s container traffic increased 7.5 percent in the first half of 2012 from a year ago as strong growth in the Asia-Pacific region and the Indian subcontinent outweighed sluggish activity
Port News
Maritime
Container lines
Forwarding
APM Terminals to Build Terminal in Mexico
Joseph Bonney, Senior Editor |
APM Terminals has signed a 32-year concession contract to design, finance, build, operate and maintain a container terminal at Mexico’s Port of Lazaro Cardenas.
Port News
Forwarding
Diana Containerships Reports $2.2 Million Profit
Joseph Bonney, Senior Editor |
Container ship owner-charterer Diana Containerships Inc.
Forwarding
Panalpina Expects Further Growth on Asia Trades
Mike King, Special Correspondent |
Panalpina expects further growth on its intra-Asia and Asia-Latin America trades by air and sea in the coming months.
International ports
Forwarding
Crane Troubles Disrupt Port Nehru Terminal
JOC Staff |
Malfunctioning cranes at India’s Jawaharlal Nehru Container Terminal (Nhava Sheva Port) are wreaking havoc on berthing schedules of vessels calling at the country’s top box gateway.
Port News
Forwarding
ILWU Clerical Workers, Employers Resume Talks
Bill Mongelluzzo, Associate Editor |
Waterfront employers and office clerical workers in Southern California softened the tone of their rhetoric Tuesday and agreed to resume contract negotiations at 10 a.m. Pacific time.
Port News
Maritime
Forwarding
‘K’ Line Trims Loss, Forecasts Profit
Joseph Bonney, Senior Editor |
Japanese carrier “K” Line narrowed its losses in its April-June first quarter and said it expects rising rates
Container lines
Forwarding
NYK Expects Profit on Containers for Year
Joseph Bonney, Senior Editor |
NYK said its first quarter losses on container shipping narrowed,
Container lines
Forwarding
MOL Narrows Losses, Raises Forecast
Joseph Bonney, Senior Editor |
Japanese carrier MOL narrowed its loss for its March-June quarter and said it expects improved container shipping results to
Container lines
Forwarding
More Container Ships Face Long-Term Unemployment
Bruce Barnard, Special Correspondent |
Increasing numbers of container ships are facing long-term unemployment amid bleak job prospects in a bearish charter market, according to Alphaliner.
Forwarding
Scandlines Exits European Short Sea Freight Market
Bruce Barnard, Special Correspondent |
Scandlines completed its exit from Northern Europe’s short sea freight market with the sale of a Baltic Sea route and three vessels to Swedish Orient Line.
Container lines
Forwarding
Danaos Back in the Black
Bruce Barnard, Special Correspondent |
Greek shipowner Danaos returned to the black in the second quarter, booking net income of $8.97 million, compared with a year earlier loss of $231,000, as it cut ship operating costs and added 10 vess
Container lines
Forwarding
ILWU Clerical Workers, Employers Break Off Talks
Bill Mongelluzzo, Associate Editor |
Contract negotiations between office clerical workers and the attorney representing waterfront employers in Los Angel
Port News
Maritime
Forwarding
Former Maersk Chief to Lead Carrix
JOC Staff |
Knud Stubkjaer, a former senior executive with Maersk Line and German shipowner E.R. Schiffahrt, has been named CEO of Carrix, the parent of Seattle-based SSA Marine and Tideworks Technology.
Port News
Forwarding
Japan to Extend Punitive Tariffs Against US
Hisane Masaki, Special Correspondent |
Japan has decided to extend, for another year, punitive tariffs on tapered roller bearings imported from the U.S. in retaliation against a U.S.
Transport, Trade and Regulation News
Forwarding
Damaged MSC Flaminia Inspected at Sea
Joseph Bonney, Senior Editor |
The damaged container ship MSC Flaminia and its accompanying tugs were halted about 100 nautical miles off the British coast for inspection by firefighters and shipbuilding experts, owner Reederei NSB
Container lines
Clock Ticks on ILA Talks
Joseph Bonney, Senior Editor |
They’re not there yet, but the International Longshoremen’s Association and United States Maritime Alliance are reporting progress on a new master contract for East and Gulf Coast dockwork
Longshore labor
Maritime
Forwarding
Dredging Projects Fast-Tracked in the East
Peter T. Leach, Editor-at-Large |
From his office window in the New York Container Terminal, Jim Devine can see the rigs blasting rock at the bottom of the Arthur Kill, deepening the channel leading to the terminal’s berths to 5
Port News
Maritime
Forwarding
Port infrastructure
International ports
The New Dust Bowl Threatens Exports in US
Bill Mongelluzzo, Associate Editor |
With freight rates in the westbound trans-Pacific already under pressure, the great drought of 2012 comes at the worst possible time for shipping lines that carry U.S. exports to Asia.
Forwarding
Maritime
Groups Criticize Obama Over Food Safety Delays
JOC Staff |
Food importers won a reprieve from setting up verification programs for foreign suppliers, a delay that has angered consumer and food safety groups.
Cool Cargo News
Rail News
Forwarding
On the Hill: Maritime Support Missed in Translation
Mark Szakonyi, Associate Editor |
The maritime industry is no longer the oft-ignored stepchild in Washington, but increased pats on the head from Congress and President Obama have yet to translate to significant raises in allowance.
Transport, Trade and Regulation News
Maritime
Trucking News
Rail News
Forwarding
Jacksonville Builds Its Case As Southeast Hub
Peter T. Leach, Senior Editor |
It’s taken three years, but the opening of MOL’s TraPac international container terminal is turning the Port of Jacksonville into a growing import gateway and distribution center for retai
Port News
Maritime
Forwarding
US Beef Producers' Mixed Grill
Stephanie Nall |
The U.S.
Cool Cargo News
Maritime
Forwarding
Labor Issues Heating Up in the West, Too
Bill Mongelluzzo, Associate Editor |
While the International Longshoremen’s Association and United States Maritime Alliance churn the wake on the East and Gulf coasts, all should be calm on the West Coast.
Longshore labor
Maritime
Forwarding
Shipping Rate, Surcharge Update for Week of July 23-27
JOC Staff |
Maersk Line will raise its rates on services from the Indian subcontinent to the U.S. and Canada, starting Aug. 15.
Forwarding
Container lines
Eurozone Crisis Brings Turbulence to Trans-Atlantic
Bruce Barnard, Special Correspondent |
Just when it looked like nothing could stop the U.S.
Forwarding
Maritime
Air Cargo Carriers News
Container lines
MSC Wears the Crown in US-Europe Trade
JOC Staff |
It was a clean sweep for Mediterranean Shipping Co. in the U.S. global containerized trade moving to and from European ports in the 12 months to March 31.
Container lines
Maritime
Forwarding
Cargo Volume Growth Slows for China's Ports
Mike King, Special Correspondent |
China’s ports saw growth slow in the first half of the year as European import demand softened.
Port News
Forwarding
Asia-Europe Spot Rates Slip Again
Peter T. Leach, Senior Editor |
Spot rates in the Asia-Europe trade weakened again this week — the third consecutive week of decline — despite carrier attempts to trim surplus capacity that is eroding recent general rate
Forwarding
Container lines
Profit, Volume, Revenue Grow at Samudera Shipping
Mike King, Special Correspondent |
Intra-Asia container operator Samudera Shipping Line reported increased container volume, revenue and profit for the second quarter.
Container lines
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