Container Shipping News

Firefighters planned to reboard the MSC Flaminia to attack remaining fires as the stricken container ship moved within 170 nautical miles of the U.K. coast, owner Reederei NSB said.

U.S. steel imports declined 4.2 percent in June, the first year-over-year decline in 2012, as demand softened and buyers slowed their inventory building.

June was a strong month at the Port of Tacoma, with container volumes increasing almost 10 percent compared to June

Evergreen Line took delivery of its first L-type container ship, the Ever Lambent, which has a capacity of 8,452 20-foot-equivalent units, at the Samsung Heavy Industries shipyard in South Korea.

The volume of containers handled by the Port of Barcelona declined by 20 percent in the first six months of the year from the same period last year, primarily because of a 49 percent drop in transship

Mediterranean Shipping Co. notified its customers that it will implement a general rate increase on all cargo moving from the U.S. to Australia and New Zealand next month.

The maintenance of capacity discipline is enabling container lines to enforce most of the rate hikes introduced since March, claims one leading Asia-based analyst.

Maersk Line is upgrading the port rotation of its Rumba Service between South America, the Mediterranean, the Middle East and India.

Container lines are likely to move into the black in the second quarter of this year and expand their profits in the third quarter as freight rates improve, according to Jefferies.

The peak shipping season is quickly approaching, and carriers and shippers are expecting, and hoping, that the second half of 2012 will be more profitable than the first.

Global Ship Lease signed new time-charters on Monday with CMA CGM for two secondhand container ships, the 1996-built Ville d'Aquarius and the 1997-built Ville d'Orion.

Salvors report that a fire on the container ship MSC Flaminia has been brought under control as a tug continues to tow the stricken ship toward Europe, the ship’s owner said.

The volume of containers handled by the Port of Marseilles Fos grew 14 percent in the first half year year-over-year, while the twin ports&rsquo; overall tonnage fell because of shrinking oil volume.<

Abu Dhabi&rsquo;s Khalifa Port has received its first container vessel call.

U.S. containerized imports rose 2.9 percent in the second quarter, led by year-over-year increases in furniture, auto parts, bananas and electronics, PIERS data show.

The volume of containers handled by the Port of Savannah during fiscal 2011 ended June 30 grew by a relatively meager 1.9 percent year-over-year due to what the Georgia Ports Authority called the &ldq

Japanese export ship orders fell 8.5 percent in June from a year earlier to 499,370 gross tons, according to figures released by the Japan Ship Exporters&rsquo; Association.

Firefighters continue to battle a fire on the MSC Flaminia as the abandoned container ship is being towed from the mid-Atlantic toward Europe.

Mediterranean Shipping Co. will impose a new low sulfur surcharge on import shipments at all U.S. ports on the East, West and Gulf Coasts.

Maersk Line will seek a general rate increase on its services from India to West Africa, starting Sept. 1.

It&rsquo;s not supposed to work like this. When cargo volumes soften, consumer confidence wanes and vessel capacity increases, ocean carriers don&rsquo;t raise their freight rates.

Is this the time to invest in the maritime business? Yildirim Group thinks so.

A U.S.

Free trade agreements with the U.S. and the European Union are driving imports of cars to South Korea, according to a leading trade association.

Maersk Line plans to raise its rates on major trade lanes as part of what it calls a new &ldquo;rate restoration program.&rdquo;

U.S.

The last time you took your kids to Orlando, you probably rented a car from one of the 10 car rental companies at Orlando International Airport so you could play chauffeur from Disney World to Univers

The Senate could introduce legislation key to authorizing the deepening of East Coast ports and improving inland maritime routes by the end of the year, according to the head of the Waterways Council.

Spot rates in the Asia-Europe trade lane eased this week, the second consecutive week of decline, as Maersk Line said it is joining other carriers in cutting some capacity in the trade in an effort to

Diana Containerships plans to offer and sell 8.1 million of its common shares in an underwritten public offering.

Hapag-Lloyd plans to boost its rates on various trade lanes, effective Aug. 15, as part of a new rate restoration program.

Chilean carrier CSAV said it moved closer to owning about 40 percent of its container fleet when it took delivery on July 12 of a new containership, the Tirua.

The Bayonne Bridge will have enough clearance by the fall of 2015 to handle larger post-Panamax ships that will start calling East Coast ports through the expanded Panama Canal, the Port Authority of

Maersk Line will boost rates on its services from the U.S. to all ports in Australia, New Zealand and the Pacific Islands next month.

Average spot rates in the eastbound trans-Pacific trade lane fell 2.6 percent this week, down for the third week in a row since carriers put a peak-season surcharge into effect on June 10.

The Port of Seattle got good news for a change on Tuesday when Maersk Line renewed its agreement to call SSA&rsquo;s Terminal 18 at the port.

United Arab Shipping Company has joined other major ocean carriers in announcing a peak-season surcharge on westbound cargo from Asia to North Europe, starting Aug. 1.

Federal Maritime Commission Chairman Richard A. Lidinsky Jr.

The volume of containers handled by the Port of Virginia rose by a strong 11.2 percent in June from the same month last year for the fifth consecutive month of year-over-year container growth at the p

The number of pirate attacks dropped by a third in the first half of 2012, led by a decline in Somali piracy, thanks to international naval efforts and the adoption by shipping lines of best managemen