Container Shipping News

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’ 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’s not supposed to work like this. When cargo volumes soften, consumer confidence wanes and vessel capacity increases, ocean carriers don’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 “rate restoration program.”

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’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

The International Chamber of Shipping said the maritime industry shouldn’t have to pay more than its share of the cost of reducing carbon dioxide emissions blamed for global warming.

The International Chamber of Shipping said it doesn’t object to the expiration of guidelines for ship lines after Europe’s abolition of rate-setting conferences, but that vessel-sharing co

India’s exports in June fell 5.4 percent year-over-year, shrinking for the second straight month as the global economic slowdown hurt the country’s outbound trade volume, according to prel

Container lines and the cargo owners that ship products on their vessels are getting new tools to measure both performance and schedule reliability through a new report that will enable them to analyz

Greek shipowners are gaining a larger share of the global container ship fleet, challenging German KG partnerships as the primary providers of new charter ships in the wake of 2008 financial crisis an

June was the busiest month of the year so far at the Port of Long Beach, with the 555,359 20-foot containers handled at the port easily beating the second highest total of 497,892 TEUs handled in May.

Hapag-Lloyd will raise its rates on services from the Indian subcontinent to the U.S., starting Aug. 15.

Containerized imports at the Port of Los Angeles increased 6 percent in June compared to June 2011, while exports were up 6.9 percent.

One of the 25 persons aboard the ship was reported missing and one has died from burns.

The Port of Charleston got more good news last week when Hamburg Sud announced it will switch calls to Charleston from Savannah in mid-September by its service between Australia, New Zealand and the U

Maersk Line will impose a general rate increase on westbound shipments from India to North Europe and the Mediterranean, starting Sept. 1.

Major state-owned ports in India, getting off to a sluggish growth trend in 2012 amid global economic uncertainties, saw container volume remain flat in the first fiscal quarter from a year ago, accor

Matson Inc.

If the United States is truly serious about leading the world out of its economic malaise, it should be investing in the infrastructure needed to transport food products from the nation’s interi

After years of producing garments and luxury goods for the world, China’s fashion-conscious consumer is now a major engine for logistics development efforts at home.

For ocean shipping, unlike trucking and railroads, environmental regulation, not fuel costs, will likely drive the use of natural gas and other alternative energy-powered engines.