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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.
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Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
Asia-Europe
The latest Container Shipping News & Analysis
Three to Receive AOTOS Awards in October
Joseph Bonney, Senior Editor |
The United Seamen’s Service will present the 2012 Admiral
Forwarding
Container lines
Global Slowdown Threatens U.S. Export Gains, ITA Chief Says
William B. Cassidy, Senior Editor |
A key U.S. trade official lashed out at the declining state of U.S.
Transport, Trade and Regulation News
Forwarding
Stowaways Suspected in Container at Port Newark
Joseph Bonney, Senior Editor |
Federal and local authorities are investigating apparent stowaways inside a shipping container on the CMA CGM chartered container ship Ville D'Aquarius docked at Port Newark Container Terminal, the Co
Forwarding
APL, “K” Line, OOCL Share Top Spot in AgTC Survey
Joseph Bonney, Senior Editor |
The Agriculture Transportation Coalition said APL, “K” Line and OOCL shared the top ranking in the organization’s seventh annual carrier performance survey.
Container lines
Forwarding
Shipping Industry Confidence Rises for Fourth Quarter in a Row
Peter T. Leach, Senior Editor |
Overall confidence levels in the shipping industry, including the container ship market, increased in the three months ended May 2012, to reach their highest point since February 2011, according to th
Forwarding
Cosco Pacific Considers Further Greece Investments
Bruce Barnard, Special Correspondent |
Hong Kong’s Cosco Pacific, operator of the biggest container terminal in the Port of Piraeus, Greece, is considering further investments in the country as the cash-strapped Athens government pre
Container lines
Forwarding
Box Ships Expands Container Ship Fleet
Peter T. Leach, Senior Editor |
Box Ships took delivery Monday of its eighth vessel, the OOCL Hong Kong, a secondhand vessel built in 1995 with capacity of 5,344 20-foot equivalent units.
Forwarding
Container lines
Aden Container Terminal Gets New Cranes
JOC Staff |
DP World boosted productivity and capacity at its Aden Container Terminal in Yemen by installing two ship-to-shore quay cranes. The new cranes bring the total number of quay cranes to seven.
Port News
Forwarding
Marine terminals
Container Ship Fleet Hits 16 Million TEUs, But Growth Slows
Bruce Barnard, Special Correspondent |
The world container ship fleet has topped 16 million 20-foot equivalent units, but the rate of capacity growth is slowing, according to Alphaliner.
Forwarding
Russia’s Novorossiysk Commercial Sea Port Boosts Profit, Cargo Volume
Bruce Barnard, Special Correspondent |
Novorossiysk Commercial Sea Port’s first quarter earnings soared 48 percent from a year ago as Russia’s largest port operator handled record cargo volume to boost its share of the nation&r
Port News
Forwarding
Sea-Air Shippers Undeterred by Fuel Surcharges
Mike King, Special Correspondent |
Leading forwarders say sea-air volumes remain stable despite the double dose of fuel surcharges levied on users.
Forwarding
Air Cargo Carriers News
Shippers Preparing for ILA Strife, JOC Poll Shows
Joseph Bonney, Senior Editor |
Most shippers expect to decide by midsummer whether to divert cargo from the East and Gulf coasts to avoid possible longshore labor problems this fall, according to a
Forwarding
Oman Container Lines to Launch New Service to India
Mike King, Special Correspondent |
Oman Container Lines will begin a new service to India on July 3.
Container lines
Forwarding
APL Taking Steps to Reduce Operating Costs
Bill Mongelluzzo, Associate Editor |
With only moderate growth projected in the global container trades for at least two more years, and overcapacity keeping a lid on rate increases, carriers must take innovative steps to reduce the cost
Container lines
Forwarding
OOCL Suspends Trans-Atlantic Shuttle
Peter T. Leach, Senior Editor |
OOCL said it is suspending until further notice the Atlantic Express Shuttle that it operates in a vessel-sharing alliance with Hapag-Lloyd between Hamburg, Antwerp and New York.
Container lines
Forwarding
MSC to Boost Rates From Far East to Caribbean, Central America
Peter T. Leach, Senior Editor |
Mediterranean Shipping Co.
Container lines
Forwarding
FMC Seeks 'Equal Treatment' for Exporters
Bill Mongelluzzo, Associate Editor |
The Federal Maritime Commission is doing its part to promote exports under President Obama’s National Export Initiative by ensuring th
Forwarding
Florida Ports Fortify 'Home Field Advantage'
Peter T. Leach, Senior Editor |
Stacks of Crowley and Seaboard Marine containers at Florida East Coast Railway’s Hialeah Rail Yard near Miami are a sign of the volumes South Florida’s ports see coming down their sea lane
Port News
Maritime
Rail News
Forwarding
Port infrastructure
International ports
Air Cargo Expansion Projects Taking Off in the US
Mark Szakonyi, Associate Editor |
Judging by the recent rash of U.S. air cargo expansion projects, you’d think demand was skyrocketing. It’s not.
Transport, Trade and Regulation News
Maritime
Air Cargo
Air Cargo Carriers News
Forwarding
Judge Taps Ex-Governor to Resolve Portland Dispute
Bill Mongelluzzo, West Coast Editor |
After a three-hour hearing Friday in Portland, U.S.
Port News
Container lines
Forwarding
Stanley Named CEO at Intermarine
Joseph Bonney, Senior Editor |
Alfred J.V. “Al” Stanley has joined project and heavy-lift carrier Intermarine as president and CEO, succeeding Andre Grikitis, who will become operating chairman.
Forwarding
Container lines
Bayonne ICTF Gets $11.4 Million Federal Grant
Joseph Bonney, Senior Editor |
An intermodal transfer facility that will serve an expanded Global Terminal at Bayonne, N.J., will receive an $11.4 million federal construction grant under the TIGER program.
Port News
Forwarding
Shipowners Seek Renewed OECD Shipbuilding Talks
Joseph Bonney, Senior Editor |
The International Chamber of Shipping wants governments in the Organization for Economic Cooperation and Development to resume negotiations on a global agreement to eliminate market-distorting measure
Container lines
Hapag-Lloyd, Hanjin Skip Portland Calls
Joseph Bonney, Senior Editor |
Hanjin Shipping and Hapag-Lloyd will skip their weekly vessel calls at Portland, Ore., until there’s a settlement to a union jurisdictional dispute that has slowed cargo handling at the port.
Container lines
Forwarding
Ship Capacity, Equipment Shortages, Rates Worry Ag Shippers
Bill Mongelluzzo, Associate Editor |
The biggest concerns of agricultural exporters as the 2012 peak-shipping season approaches are equipment availability, adequate vessel space and volatility of freight rates.
Forwarding
Cool Cargo News
Hamburg Sud to Raise Rates on Trades from India
JOC Staff |
German ocean carrier Hamburg Sud will raise its rates on trades from the Indian subcontinent and the Middle East to Europe, South America and the Caribbean, starting July 1.
Container lines
Forwarding
In Vietnam, Cai Mep Open for Business With Space to Fill
JOC Staff |
On the other side of Southeast Asia’s planning-for-the-future divide from Indonesia is Vietnam, which looks certain to have excess container handling capacity for some time to come.
Port News
Maritime
Forwarding
Yildirim to Buy Another 10 Percent of CMA CGM
Peter T. Leach, Senior Editor |
Turkey’s Yildirim Group intends to exercise its option to buy another 10 percent stake in CMA CGM, which will bring its ownership of the French liner company to 30 percent.
Container lines
Maritime
Forwarding
Hapag-Lloyd Suspends Trans-Atlantic Service
Bruce Barnard, Special Correspondent |
Hapag-Lloyd is suspending its weekly Atlantic Express Shuttle service between New York, Antwerp and Hamburg until further notice “due to the current market situation.
Forwarding
Maritime
Container lines
Judge to Hear Portland ILWU Case Friday
Joseph Bonney, Senior Editor |
A federal judge will hear arguments Friday on a National Labor Relations Board request for a court order prohibiting the International Longshore and Warehouse Union from slowing operations at the Port
Port News
Forwarding
Maersk to Hike Rates in Latin America Trades
JOC Staff |
Maersk Line will impose a general rate increase on trades from Latin America to the Indian Subcontinent and the Middle East, starting July 15.
Container lines
Forwarding
FedEx’s Smith Says Freight Shifting From Air to Sea
Mark Szakonyi, Associate Editor |
FedEx CEO Fred Smith said more shippers are transporting goods via ocean shipping at the expense air carriers, a modal shift reflected in the parcel giant’s recent earnings report.
Air Cargo Forwarder News
Trucking News
Air Cargo Carriers News
Forwarding
LTL
Russia’s Summa Closes in on Fesco Takeover
Bruce Barnard, Special Correspondent |
Russia’s Summa investment and trading group moved closer to a $1.4 billion takeover of Fesco as it prepares to make an offer to minority shareholders in the owner of the country’s largest
Container lines
Maritime
Forwarding
ILWU Files Suit in Portland Dispute
Bill Mongelluzzo, Senior Editor |
The International Longshore and Warehouse Union elevated its battle with the electrical workers’ union and terminal operator ICTSI Oregon a notch by filing a lawsuit in U.S.
Port News
Forwarding
Hapag-Lloyd Suspends Cargo Bookings to Riyadh, Saudi Arabia
JOC Staff |
Hapag-Lloyd temporarily suspended “acceptance of shipments” bound for Riyadh via the Port of Dammam, Saudi Arabia.
Container lines
Maritime
Forwarding
APL Seeks Rate Increase on Asia-Europe Trade
JOC Staff |
APL plans to implement a general rate increase on the westbound leg of Asia-Europe trade, effective July 1.
Container lines
Forwarding
Forum Participants Say Shippers Lack Understanding of Indexed Contracts
Peter T. Leach, Senior Editor |
Long-term container-shipping contracts based on various freight indexes are gaining ground, but their progress is being slowed by a lack of understanding on the part of shippers.
Forwarding
European Shippers' Council Opposes Mandatory Container Weighing
Joseph Bonney, Senior Editor |
The European Shippers’ Council criticized a maritime industry proposal that containers be weighed before loading on ships as “a false remedy for an ill-defined disease.”
Forwarding
JOC Economist Lowers Forecast For Container Traffic
Joseph Bonney, Senior Editor |
Sluggish economic growth, a weak jobs market and flagging consumer confidence have led Journal of Commerce Economist Mario O. Moreno to lower his forecast for U.S.
Transport, Trade and Regulation News
Maritime
Container lines
Forwarding
Panama Canal Completes Building First Pacific Lock Section
Peter T. Leach, Senior Editor |
The contracting group that is building the new set of locks at the Panama Canal completed the first monolith of the new locks on the Pacific end of the canal.
Forwarding
Maritime
International ports
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