Container Shipping News

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.

Major Japanese international freight forwarder Yusen Logistics Co.

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

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.

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

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.

Container ship owner-charterer Diana Containerships Inc.

Panalpina expects further growth on its intra-Asia and Asia-Latin America trades by air and sea in the coming months.

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.

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.

Japanese carrier “K” Line narrowed its losses in its April-June first quarter and said it expects rising rates

NYK said its first quarter losses on container shipping narrowed,

Japanese carrier MOL narrowed its loss for its March-June quarter and said it expects improved container shipping results to

Increasing numbers of container ships are facing long-term unemployment amid bleak job prospects in a bearish charter market, according to Alphaliner.

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.

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

Contract negotiations between office clerical workers and the attorney representing waterfront employers in Los Angel

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.

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.

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

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

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

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.

The U.S.

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.

Food importers won a reprieve from setting up verification programs for foreign suppliers, a delay that has angered consumer and food safety groups.

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.

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

Maersk Line will raise its rates on services from the Indian subcontinent to the U.S. and Canada, starting Aug. 15.

Just when it looked like nothing could stop the U.S.

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.

China’s ports saw growth slow in the first half of the year as European import demand softened.

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

Intra-Asia container operator Samudera Shipping Line reported increased container volume, revenue and profit for the second quarter.

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.