Container Shipping News

Kim Fejfer is waging a war on waste at his company’s container terminals.

Trailer Bridge is on track to exit Chapter 11 bankruptcy on March 16, four months after the U.S. mainland-Puerto Rico carrier filed for protection from creditors.

The U.S. trade deficit rose to a three-year high of $52.6 billion in January as a 2.1 percent jump in imports outpaced a 1.4 percent rise in exports.

Maersk Line will launch MISA, a liner service linking key ports in the Middle East and South Africa.

Owner-charterer Seaspan Corp. has taken delivery of the fifth in a series of container ships with capacities of 13,100 20-foot equivalent units.

The first roll-on, roll-off service between Taiwan and mainland China is now operating, signalling further liberalization of transport across the Taiwan Straits.

Standard & Poor’s downgraded CMA CGM’s debt to B- from B+, citing concerns over the French ocean carrier’s liquidity position in the coming months.

The mood among maritime industry executives gathered in Long Beach last week for the 12th annual Trans-Pacific Maritime Conference was unusually positive given last year’s lackluster performance

CMA CGM imposed a general rate increase on westbound cargo moving on its Epic service from India to North Europe and the Mediterranean, the French carrier’s second GRI in a month and the third t

The game of musical chairs in the Pacific Northwest will continue this summer when Grand Alliance carriers NYK Line, Hapag-Lloyd and Orient Overseas Container Line leave the Port of Seattle and move t

The recent arrest and jailing of two Italian armed ship guards by Indian authorities drew a sharp protest from the Italian foreign ministry.

Federal officials on Wednesday announced the opening of two offices to expedite the investigation into shippers believed to be illegally exporting high-technology goods or military hardware that requi

Maersk Line will launch a container service connecting the Indian subcontinent, the Middle East and East Africa, starting in early April.

Industrial law firm Wilcox Savage is expanding its maritime practice in the port city of Norfolk, Va., adding attorneys Christopher A. Abel and Leonard L.

CMA CGM swung to a net loss of $30 million in 2011 from a $1.6 billion profit in 2010 but the French ocean carrier said cost savings and lower ship charter rates will return it to the black this year.

Panalpina swung to a profit of $139.7 million in 2011 from a 2010 loss of $28.6 million as the Swiss logistics and forwarding giant enjoyed organic growth across all regions and product divisions.

Manufacturers are looking for lower-cost sourcing locations as China’s wages rise well above those in other emerging markets.

Hapag-Lloyd is seeking a series of general rate increases on East Asia services, as part of a new rate restoration program.

International Longshoremen’s Association President Harold Daggett warned of a possible ILA strike if the union can’t secure acceptable terms in a new contract.

Multiyear contracts indexed to freight rates are slowly starting to catch on in global trade lanes as a means of creating stable and predictable rates for shippers and ocean carriers.

India’s Tariff Authority for Major Ports ordered a 27.85 percent reduction in tariffs currently levied by Nhava Sheva International Container Terminal, a DP World facility in the Port of Jawahar

Just four months after launching its Daily Maersk liner service in the Asia-Europe trade, Maersk Line says it could expand the highly popular “conveyor belt” offering to other trade routes

The port of Liverpool will start construction early next year on a $480 million, deep water container terminal with an initial 500,000 20-foot equivalent units-a-year capacity.

With dozens of federal agencies having some degree of involvement in the cargo clearance process, importers are crying out for a single government portal at the border.

Exporters are complaining about inaccuracies in ocean carriers’ electronic data that expose shippers to costs and delays.

The Federal Maritime Commission has agreed to give shippers and carriers more ability to manage rate risk in service contracts through a new rule allowing contracting parties to agree to rates based o

Container ship lines will struggle to achieve profitability while attempting to manage capacity that’s expected to rise faster than cargo volume, and the result may be more rate volatility and s

The economies of scale that are driving carriers to replace their fleets with mega-ships will result in the consolidation of shipping lines or in the reduction of competition on customer service, acco

Maersk Line will not allow its renewed focus on profitability rather than cargo volume to eat into the significant gains in market share it achieved in 2011, the carrier said on Monday.

United Arab Shipping is joining other major ocean carriers in seeking a second general rate increase this year on the troubled Asia-Europe trade lanes.

Maersk Line is teaming up with BNSF Railway to offer day-definite delivery of Asian imports through Los Angeles to Chicago, Memphis, Dallas, Houston and the CSX Railway hub at Northwest Ohio.

Westbound trade from the U.S.

Cosco Container Lines and China Shipping Container Lines are looking to expand their vessel-sharing agreements on China coastal and intra-Asia trade lanes to other routes, said Capt.

Jim Devine hit the roof when the Port Authority of New York and New Jersey raised the truck and auto tolls on its bridges and tunnels last September.

From Valparaiso, Chile, to Vancouver, British Columbia, ports face the reality that their land-use and business growth plans can’t be developed in a vacuum.

A top shipment arriving in Detroit by air not long ago drew the interest of the Consumer Product Safety Commission after the agency got a heads up from data collected by Customs and Border Protection.

Maersk Line’s warning that it would follow up 2011’s $602 million loss with another year in the red underscores the dire forecast by most of the major ocean carriers that have reported ear

Old Dominion Freight Line is driving its trucks to the water’s edge and beyond, expanding its drayage and expedited less-than-containerload services.

Chinese manufacturing in February expanded at the fastest pace in five months, as export orders surged after a production lull caused by Lunar New Year celebrations.

Horizon Lines said Friday it will raise freight rates on cargo moving between the U.S. and Puerto Rico as of April 1.