Container Shipping News

APL is joining the container shipping drive to push up pricing on shipments from Asia to Europe, announcing i

German tourism group TUI is set to sell a fresh tranche of shares in Hapag-Lloyd this week to the Albert Ballin consortium, the majority shareholder of the ocean container carrier.

India’s exports in January increased 10.1 percent year-over-year to $25.4 billion, the fastest growth rate in three months.

Aging cars require replacement parts and generate new-vehicle sales. When people move, they tend to buy new furniture.

The trans-Pacific market appears to have flipped. In a reversal of the established traffic patterns of the past three decades, U.S.

Rising labor costs in Asia. Fuel prices at record winter highs. Asian currencies revalued upward.

Germany will shut a canal linking the river Rhine to Hamburg, Europe’s second largest container port, late Friday night as the coldest February temperatures across Europe in almost three decades

Federal regulators found an illegal fungicide in three additional shipments of imported orange juice, bringing the total number ofshipments stopped at the U.S.

Middle East carrier Emirates Shipping Line will apply a two-phase general rate increase for cargo moving on its

APL will begin phasing out its U.S. fleet of container chassis during the first half of 2012.

Euroseas, the container and dry bulk ship owner, swung to a $1.1 million fourth quarter net profit from a $929,000 year-earlier loss, but the company forecast

Vessel layups and new shipping alliances will help push up container shipping freight rates in coming months but many operators still will struggle to return to profitability, one analyst.

Trying to maintain pricing momentum in the trans-Pacific, shipping lines that carry U.S.

The Port of Baltimore handled a record-number of containers and automobiles in 2011, as both cargos surpassed levels set before the 2009 recession.

Maersk Line will launch a container service between the Middle East and West Mediterranean, starting at the end of this month.

Mediterranean Shipping Company is adding Savannah to its weekly Golden Gate Service between the East Coast and Asia via the Suez Canal.

The rise in the global auto trade is lifting the car carrier industry out of the global recession with far less damage than other shipping sectors have experienced, according Drewry’s Car Carrie

Hong Kong-based Kerry Logistics, in the midst of a broad expansion of its Asia network, says it expects to com

An index of spot freight rates for Asia-to-Europe container shipments inched up 0.1 percent this week, showing new strength in ocean carrier attempts to shore up pricing on the troubled trade la

The executive directors of the nation’s two largest container ports intend to address one of their most vexing and embarrassing problems – slow turn times at marine terminal gates.

Container throughput at the Port of Wilmington jumped 11.2 percent last year from the previous year, as the North Carolina port handled more imports and exports of agricultural products.

The new president of Sea Star Line says “structural changes will be essential” so the Jones Act carrier can reinvest in coming years.

A labor dispute at APM Terminals in Rotterdam that has disrupted shipping at one of Europe’s largest container handling facilities for more than a week shows no sign of an early end.

Shipowners urged governments to take a heavier hand to captured Somali pirates and their financiers, as the threat to trade and seafarers increases.

OOCL will extend its largest rate increases to Asia-Australia services, starting March 15.

Mediterranean Shipping will apply a general rate increase on all cargo from North Europe to ports in the Indian subcontinent.

The newly formed G6 alliance of ocean carriers is speeding up the launch of its Asia-Europe service by a month to the first week of March to coincide with steep hikes in freight rates on the world&rsq

HHLA, Hamburg’s biggest stevedore, boosted container traffic 21.3 percent in 2011 from a year ago, significantly outpacing growth in Antwerp and Rotterdam to boost its market share in the fierce

Zim Integrated Shipping Services will raise its rates on westbound trade from the Indian subcontinent to Europe by $750 per 20-foot container, starting March 1.

The International Longshore and Warehouse Union members on Tuesday will help load the first vessel to arrive at the new EGT export grain terminal in Longview, Wash., putting an end to months of rancor

South Korea’s Hyundai Merchant Marine reported a 2011 operating loss of $327 million, reversing a profit of $541 million in 2010, as revenue fell and costs rose.

United Arab Shipping imposed a $775 general rate increase on Asia-Europe services effective March 1, joining other major container ship operators in seeking rate restoration on the depressed trade lan

Mediterranean Shipping will raise rates on shipments from India to ports in East Africa, as part of what it calls a new “rate restoration initiative”.

Container Corporation of India boosted third quarter net profit 6 percent from a year ago to $49.2 million, as growth in the state-owned company's core container hauling business pushed revenue up 8 p

Bridgestone plans to open a $575 million factory in 2014 near the Vietnamese city of Hai Phong, as the coastal city becomes a major export gateway for multinational corporations.

German tourism company TUI is reportedly close to selling another slice of its remaining 38.4 percent stake in Hapag-Lloyd to the Albert Ballin consortium, the Hamburg-based ocean container carrier&rs

Cargo thieves struck five times at rest stops around Memphis in November and December, stealing truckloads of computer game consoles on their way to stores in the run-up to Christmas.

About 90 miles west of the North Carolina coast rests the sprawling airport of Kinston, which boasts the longest jet runway between Washington, D.C., and Atlanta.

The red tide is coming in. Container ship lines are starting to report their results for 2011, and the numbers aren’t pretty.

Container throughput in 2011 at the Port of Prince Rupert jumped 20 percent year-over-year, while the emerging gateway's larger West Coast rival, Port Metro Vancouver, saw flat traffic in the same per