Container Shipping News

The Port Authority of New York and New Jersey on Friday submitted to federal officials a formal request that the Bayonne Bridge "Raise the Roadway" project be considered for expedited review

Overall confidence levels in the shipping industry increased slightly in the three months ended February 2012, reaching its highest level since May 2011, according to the latest Shipping Confidence Su

A.P. Moller-Maersk CEO Nils Smedegaard Andersen will remain on sick leave another six to eight weeks pending further surgery to fix a heart problem, the Danish group said Monday.

In the fashionable neighborhoods of Bogota, the gourmet restaurants, lively nightclubs and luxurious hotels are brimming with foreign executives eager to sign trade and investment deals in South Ameri

No one is more delighted about the impact of 2004’s U.S.-Chile Free Trade Agreement of 2004 than Tom Tjerandsen, North American managing director of the Chilean Fresh Fruit Association.

Next time you’re dining out in Seoul, have a good steak and wash it down with a shot of Jack Daniel’s, compliments of U.S. exporters.

By the middle of 2014, the Port of New York and New Jersey will have a container terminal able to handle ships carrying 10,000 20-foot equivalent container units.

An electronics manufacturer in Singapore last year wanted 25,000 wire forms to be used in one of its products, and it needed them fast.

Container volumes at the Port of Tacoma declined 2.2 percent in February compared to the same month last year.

Maersk Line is implementing a new round of general rate increases in its Far East Asia services, starting April 15.

Coal from the Powder River Basin in Montana and Wyoming, and iron ore from the U.S.

Maersk Line has suspended bookings on its North Europe-to-Asia services effective immediately as it battles to clear up a backlog of containers at clogged European terminals.

Australia’s government will introduce legislation in the lower house of Parliament Friday to remove a tax on domestic shipping companies in an effort to counter a 40 percent decline in the natio

The G6 Alliance’s Loop 3 Asia-Europe service will not include a call at the port of Gdansk, Poland, OOCL said Friday.

When it came time to impose the Transpacific Stabilization Agreement’s recommended March 15 rate increase, the 15 member carriers took different approaches.

In the battle for dominance in the U.S. container shipping trades, Mediterranean Shipping Co. didn’t deliver a knockout, winner-take-all punch, but it sure came close.

What’s going on with the world’s container carriers? Maersk Line and other large carriers say they’re no longer seeking additional market share.

Average spot prices in the Asia-Europe trade slid this week for the third consecutive week following the huge March 1 general rate increase implemented by carriers in the trade.

Costa Rica gave the final go-ahead for APM Terminals’ 33-year concession to build and operate a $992 million container terminal at the Caribbean port of Moin.

Container ship charter owner Costamare said proceeds from the sale of 7.5 million shares in a secondary offering on the NYSE will be used to acquire ships and repay debt.

APM Terminals said ports must start to draw up plans now to handle the future generation of giant container ships with capacities up to 22,000 20-foot equivalent units.

Hapag-Lloyd swung to a net loss of $38.3 million in 2011 from a $565 million profit in 2010.

Spot rates on the trans-Pacific trade stayed flat week-over-week this week after a 13.6 percent jump last week that followed the rate increase of $300 per 40-foot equivalent unit on March 15

Cosco Container Lines and Hanjin Shipping plan to launch a new service between the Far East, Panama and Houston at the end of April.

Greenwich, Conn.-based private equity firm Littlejohn completed its previously announced acquisit

Government bans on ransom payments to pirates would put seafarers at risk and hurt the global economy, said Alastair Evitt, managing director of Meridian Marine Management and president of InterManage

The arrival of the container ship MSC Fabiola at the port of Long Beach last week does

Mediterranean Shipping Co. said it will implement a general rate increase on cargo shipped from the Far East to New Zealand as of April 15.

Hanjin Shipping is expanding its operations in the trans-Pacific, adding two joint services, one connecting the U.S. West Coast with the Middle East and South Asia, and the other with Japan.

Three major container carriers plan to raise rates on shipments from India to ports in East/West Africa, starting April 1.

The Port of Long Beach has welcomed what it billed as the largest container ship ever to call at a North American port.

Maersk Line will impose a general rate increase on shipments from India to ports in West Africa.

Japanese export ship orders fell for the third straight month in February on a year-over-year basis, sinking 23.1 percent to 399,376 gross tons, according to figures released by the Japan Ship Exporte

Hamburg Sud and its Brazilian affiliate Alianca are restructuring their service between North Europe and the east coast of South America in response to what they call changing market conditions.

When International Longshoremen’s Association President Harold Daggett warned some 1,600 Trans-Pacific Maritime Conference attendees this month that labor negotiations could produce a strike thi

Will there be a wholesale shift of cargo from the West Coast to the East Coast after the Panama Canal’s third set of locks open in 2014? Probably not.

Transactional freight payment data is the mother lode of logistics information, the bedrock on which strategic benchmarking and transportation modeling rests.

James Capo has been working for months to calm shippers’ concerns about the impending East and Gulf Coast longshore labor negotiations.

It’s been two years since President Obama signed an executive order launching the National Export Initiative, the ambitious program to double exports in two years.

Until recently, the word “Africa” rarely appeared in any sentence mentioning “economic opportunity.” For decades, Africa instead was all but synonymous with “poverty,&rdq