Container Shipping News

Maersk Mc-Kinney Moller, the legendary Danish shipowner who helped build Maersk Line into the world’s biggest ocean container carrier, died today. He was 98.

Ocean carriers are preparing a fresh round of rate hikes on the Asia-Europe trade, taking advantage of stronger-than-expected cargo growth and a resilient spot market to move out of the red.

Abu Dhabi Terminals saw volume rise 47 percent year-over-year in 2011, reaching 767,713 20-foot equivalent units.

Evergreen Line said it will charter 10 ships with capacities of 13,800 20-foot equivalent units.

Refrigerated shipments are expected to grow along with the world’s middle class, but a representative for U.S.

China’s consumers spent $962.8 billion in grocery stores last year, pushing the country to the world’s top spot in grocery store spending.

Saratoga Honda’s parking lot is full of new cars, a sharp contrast to last summer, when the auto dealer’s supply chain was severed twice, first by the tsunami in Japan and later by floods

Bilateral negotiations to end agricultural trade disputes failed with 46 nations, the European Union, the Gulf Cooperation Council and the South African Development Community, according to a new repor

A month after the U.S.-South Korea free trade agreement took effect, U.S. pork producers, cattle ranchers and fresh fruit and vegetable growers are ecstatic.

The Port of Wilmington, Del., handled 5,084,478 tons of cargo last year, up 26 percent from 2010, and achieved the highest general cargo tonnage throughput since the port’s 1995 acquisition by t

After a mighty bluster in the run-up to negotiations for a new contract at East and Gulf Coast ports, the tone and rhetoric from the nation’s second-largest longshore union and its management co

First came the Facebook posts that got shared and reshared. Within a few days, “pink slime” was a trending topic on Twitter.

Analysts and economists at the U.S. Department of Agriculture are full of good news about sales prospects for U.S. farm goods.

The Georgia Ports Authority added 20 refrigerated container racks at the Port of Savannah’s Garden City Terminal.

Investors in the container industry are likely to see disappointing returns in the coming years as Asia’s export growth rates slow now that the outsourcing production from Europe and the U.S.

Maersk Line expects to lose money this year despite recent rate increases, A.P. Moller-Maersk Chairman Michael Pram Rasmussen told shareholders at the parent company’s annual meeting.

Norway’s Star Reefers said it has reached a “satisfactory” solution to its dispute with Russia’s largest fruit importer that

Cosco Container Lines announced an increase in its bunker surcharge on all shipments, including reefers, from the Far East to the east coast of South America.

United Arab Shipping Company will raise its rates on trades from North Europe to Asia and the Indian subcontinent, starting May 1.

Exports of refrigerated goods from the U.S. last year increased 16 percent to 15.5 million metric tons, and economists forecast reefer exports will rise again this year.

Maher Terminals has filed a Federal Maritime Commission complaint alleging the Port Authority of New York and New Jersey discriminated against Maher by

Westbound Asia-to-Europe spot rates eased slightly this week, but held on to most of the 28 percent jump in

Container shipping lines have been able to raise Asia-Europe freight rates enough to return them to profitability on the route, according to the latest Bimco Shipping Market Overview.

DB Schenker this month launched a less-than-containerload service from Houston to the Middle East via Dubai to meet growing demand for oil and energy equipment exports.

Hapag-Lloyd will launch a new weekly service next month connecting Germany with ports in the Baltic region.

Mediterranean Shipping Co. denied it is weighing plans to spin off its global container terminals unit in an initial public offering in Singapore.

The West Coast arbitrator who adjudicates labor disputes involving the International Longshore and Warehouse Union and waterfront employers on Wednesday ruled dockworkers in Los Angeles-Long Beach wou

Orient Overseas Container Line will add eastbound calls in Los Angeles and Shanghai to its Pacific Atlantic Express service beginning with the May 9 sailing from Yantian, China.

CMA CGM has announced an “emergency rate restoration” of $385 per 20-foot container on routes from Asia to Europe and the Mediterranean.

Hamburg is set to sharply increase its share of the fiercely competitive North European container market after a long-delayed plan to

The U.S. Army Corps of Engineers released the final documents on Wednesday for the Savannah Harbor Expansion Project for review by state and federal agencies and the general public.

Container imports to Europe increased 4 percent in February, while exports grew 8.89 percent, according to the latest analysis from Container Trade Statistics.

A Vietnamese vessel carrying 60 containers sank off the shore of southern Vietnam after it collided with a Thai ship Tuesday morning, according to reports.

The Federal Maritime Commission is interested in exploring a suggestion by agricultural shippers that establishing a container rate index for exports could be beneficial for U.S. shippers.

Horizon Lines said its fourth quarter loss on continuing operations narrowed to $6.9 million from $33 million a year earlier as

Maersk Line is implementing a new round of general rate increases on various trade lanes that will take effect in May.

The general rate increase implemented on March 15 by carriers on the eastbo

"K" Line will upgrade its services linking Asia and Mexico and the west coast of South America ov

Horizon Lines has completed transactions that reduce the company’s net deb

OOCL named Andy Tung, its current chief operating officer, as its new chief executive, succeeding outgoing CEO Philip Chow, as of July 1.