Container Shipping News

U.S. exporters searching for clarity and transparency in helping to form shipping decisions soon may have a new research tool, if Federal Maritime Commissioner Richard Lidinsky has his way.

The West Coast came in last among the three coasts in year-over-year percentage growth in the U.S. 2011 container trade, and lost market share.

For five years, Evergreen Line stayed on the sidelines as its rivals among the top 20 global ocean carriers swept up 10,000-TEU-plus vessels in a ship-ordering frenzy, racking up hundreds of millions

Spring arrived early, in more ways than one, for shippers, carriers and transportation intermediaries serving the U.S. market.

The Panama Canal Authority board of directors late Friday approved a proposal to raise tolls on multiple vessel types in stages over the next two summers.

The Port of Virginia is gaining a last-out port call as a result of the decision by the CKYH alliance to upgrade its all-water services that between Asia and the U.S. East Coast.

Container volume in the Port of Charleston rose 12 percent in year-over-year in March, the strongest month for containerized traffic at the port since

Sea Star Line, Crowley Liner Services and their parent companies have been hit with a second civil antitrust lawsuit by shippers that opted out of a class action settlement for carrier price-fixing in

Chilean container carrier CSAV will impose a general rate increase on westbound trade from the Indian Subcontinent to North Europe and the Mediterranean.

The March 16 arrival of the massive ship Fabiola at the Port of Long Beach serves as a wake-up call to West Coast ports: The old ways of handling container ships are over.

Last week I was asked to offer a competitive assessment of the Port of New York and New Jersey for a New Jersey transportation planners’ conference.

India’s trade deficit soared to $185 billion in fiscal 2011-12 as a 32.1 percent jump in imports outpaced a 21 percent growth in exports.

The Georgia Ports Authority handled a record 2.37 million tons of cargo in March, including 2.03 million tons of containerized cargo.

Orient Overseas Container Line’s first quarter volume revenue slipped 0.9 percent to $1.3 billion despite a 5.4 percent rise in volume from a year earlier.

Hanjin Shipping in May will join other Asia-based carriers to expand its presence in the East Mediterranean.

Ingram Barge has agreed to acquire U.S. United Barge Line, a company with 17 towboats, almost 650 barges and approximately 300 employees.

Dachser’s 2011 revenue jumped by 13 percent from a year ago to more than $5.6 billion as the German logistics group handled record volumes of air and ocean freight.

Container ship owner-charterer Seaspan has taken delivery of the seventh in a series of eight ships with capacities of 13,100 20-foot-equivalent units for charter to Cosco Container Lines.

Several major container carriers plan to implement general rate increases on trades to and from the Indian Subcontinent that are slated to take effect in May.

Maersk Line has started taking bookings again for cargo from North Europe to Asia following a near month-

Maersk Line plans to duplicate its Asia-Europe Daily Maersk service on other global trade lanes in future, but it is

Although the general rate increases of the last two months in the Asia-Europe and trans-Pacific trade lanes are being accepted by shippers, so much additional capacity is due for delivery this year th

Containerized imports at the Port of Seattle increased 5 percent in March over the same

Behind the scenes negotiations to settle a poultry anti-dumping case filed by Mexican producers against their U.S.

The number of foreign trade containers handled by the Port of Kobe in western Japan rose 3.9 percent in 2011 from a year earlier to about 2.1 million 20-foot-equivalent units (TEUs).

Containerized imports through the Port of Tacoma surged 14.6 percent and exports jumped 10.4 percent year-over-year in March, as Pacific Northwest port recovered from a weak February.

Trans-Pacific spot rates jumped 19.9 percent this week, according to the Drewry Hong Kong-Los Angeles Container Rate Benchmark, an indication that carriers’ April 15 rate increases are sticking.

The Federal Maritime Commission is seeking public comment on possible changes to NVOCC service arrangemen

The Port of Virginia handled 166,719 twenty-foot-equivalent units of containers in March, an increase of 4.4 percent from a year earlier.

The Retail Industry Leaders Association urged U.S.

In the current volatile freight rate environment on the major east-west trade lanes, shippers and carriers are slowly beginning to negotiate long-term contracts linked to various rate indices, but the

U.S. containerized exports in February rose 9.6 percent from a year earlier, driven by strong gains in paper and paperboard, building materials and refrigerated goods, PIERS data show.

Rotterdam’s container traffic declined 4 percent in the first quarter of 2012 from a year earlier to 2.8 million 20-foot equivalent units as fewer Asian imports were shipped to Europe’s bi

Hamburg Sud’s revenue grew 7 percent in 2011 from a year ago to $6.64 billion, driven mainly by a 9 percent jump in the German container and bulk carrier’s box traffic to 3.1 million 20-fo

Drewry Research and CargoSmart are joining forces to publish a wider range of key performance indicators aimed at helping importers and exporters to benchmark their ocean carriers’ service level

Hapag-Lloyd will impose a new round of general rate increases on its East Asia services, starting May 15.

More than three dozen customers of Sea Star Line and Crowley Liner services have filed a triple-damage antitrust lawsuit against the carriers, their parent companies and a former company official.

United Arab Shipping Co. has concluded a $150 million financing deal that includes a seven-year senior term loan facility with Burgan Bank’s corporate finance group.

Container volumes at the ports of Los Angeles and Long Beach bounced back strongly in March following a weak Februar

The TT Club, a mutual insurer of transport and logistics risk, reported a 90.6 percent drop in net income on Monday to $1.2 million last year from $12.8 million in 2010 (which included income from pri