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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
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Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
Asia-Europe
The latest Container Shipping News & Analysis
For the US, a Buyer’s Market?
Joseph Bonney, Senior Editor |
Aging cars require replacement parts and generate new-vehicle sales. When people move, they tend to buy new furniture.
Forwarding
Maritime
Freeze Forces Germany to Close Key Shipping Artery
Bruce Barnard, special correspondent |
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
Maritime
Air Cargo
Trucking News
Rail News
Container lines
Forwarding
FDA Blocks More Orange Juice Shipments
William B. Cassidy, Senior Editor |
Federal regulators found an illegal fungicide in three additional shipments of imported orange juice, bringing the total number ofshipments stopped at the U.S.
Forwarding
Cool Cargo News
Freight Rate, Surcharge Update for Week of Feb. 6-10
JOC Staff |
Middle East carrier Emirates Shipping Line will apply a two-phase general rate increase for cargo moving on its
Forwarding
Container lines
APL to Stop Providing Chassis at Ports
Peter T. Leach, Senior Editor |
APL will begin phasing out its U.S. fleet of container chassis during the first half of 2012.
Port News
Forwarding
Euroseas Sees Weaker Container Ship Bookings
Bruce Barnard, Special Correspondent |
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
Forwarding
Container lines
Analyst Doubts Rapid Impact of Asia-Europe Rate Increases
Mike King, Special Correspondent |
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.
Container lines
Forwarding
Eastbound Trans-Pacific Carriers Seek $800 in Rate Increases
Bill Mongelluzzo, Associate Editor |
Trying to maintain pricing momentum in the trans-Pacific, shipping lines that carry U.S.
Container lines
Forwarding
Baltimore Container, Auto Volumes Set Records
Peter T. Leach, Senior Editor |
The Port of Baltimore handled a record-number of containers and automobiles in 2011, as both cargos surpassed levels set before the 2009 recession.
Port News
Forwarding
Maersk to Launch Middle East-West Mediterranean Service
JOC Staff |
Maersk Line will launch a container service between the Middle East and West Mediterranean, starting at the end of this month.
Container lines
Forwarding
MSC’s Golden Gate Service Adds Savannah Call
Peter T. Leach, Senior Editor |
Mediterranean Shipping Company is adding Savannah to its weekly Golden Gate Service between the East Coast and Asia via the Suez Canal.
Forwarding
Car Carriers Rebound on Auto Industry Recovery
Peter T. Leach, Senior Editor |
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
Forwarding
Container lines
Kerry Expands Thailand Port Operations
Mike King, Special Correspondent |
Hong Kong-based Kerry Logistics, in the midst of a broad expansion of its Asia network, says it expects to com
Industrial Real Estate News
Forwarding
Asia-Europe Spot Rate Index Inches Upward
Peter T. Leach, Senior Editor |
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
Container lines
Forwarding
LA-LB Aim to Combat Slow Turn Times at Ports
Bill Mongelluzzo, Associate Editor |
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.
Port News
Forwarding
NC's Wilmington Container Traffic Jumps 11.2 Percent
Peter T. Leach, Senior Editor |
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.
Port News
Maritime
Forwarding
New Sea Star Chief Says 'Structural Changes Essential'
Mark Szakonyi, Daily Content Editor |
The new president of Sea Star Line says “structural changes will be essential” so the Jones Act carrier can reinvest in coming years.
Container lines
No End in Sight for Labor Stoppages at Rotterdam Port
Bruce Barnard, Special Correspondent |
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.
Port News
Maritime
Forwarding
Shipowners Urge Heavier Hand Against Pirates
Mike King, Special Correspondent |
Shipowners urged governments to take a heavier hand to captured Somali pirates and their financiers, as the threat to trade and seafarers increases.
Container lines
Maritime
Forwarding
OOCL Seeks Rate Hike on Asia-Australia Services
Mike King, Special Correspondent |
OOCL will extend its largest rate increases to Asia-Australia services, starting March 15.
Container lines
Maritime
MSC to Raise Rates From Europe to India
JOC Staff |
Mediterranean Shipping will apply a general rate increase on all cargo from North Europe to ports in the Indian subcontinent.
Container lines
Maritime
G6 Alliance Speeds Up Asia-Europe Service Launch
Bruce Barnard, Special Correspondent |
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
Container lines
Maritime
Forwarding
HHLA Boosted Traffic, Revenue, Profit in 2011
Bruce Barnard, Special Correspondent |
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
Port News
Maritime
Forwarding
Zim to Raise Rates From India to Europe $750
JOC Staff |
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.
Container lines
Maritime
ILWU to Handle First Vessel at EGT Grain Terminal
Bill Mongelluzzo, Associate Editor |
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
Port News
Maritime
Forwarding
Hyundai Merchant Marine Loses $327 Million
Joseph Bonney, Senior Editor |
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.
Container lines
Maritime
Forwarding
United Arab Shipping to Raise Asia-Europe Rates $775
JOC Staff |
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
Container lines
Maritime
MSC to Hike Rates From India to East Africa
JOC Staff |
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 lines
Maritime
Container Corp. of India Profit Rises 6 Percent
JOC Staff |
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
Forwarding
Maritime
Rail News
Bridgestone to Open Its Largest Factory in Vietnam
Mike King, Special Correspondent |
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.
Port News
Maritime
Forwarding
TUI Poised to Sell Hapag-Lloyd Stake
Bruce Barnard, Special Correspondent |
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
Container lines
Maritime
Forwarding
Highway Robbery
Peter T. Leach, Senior Editor |
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.
Forwarding
Maritime
North Carolina Ready to Duke It Out
Peter T. Leach, Senior Editor |
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.
Port News
Maritime
Forwarding
Container Carriers Sailing in the Red
Joseph Bonney, Senior Editor |
The red tide is coming in. Container ship lines are starting to report their results for 2011, and the numbers aren’t pretty.
Container lines
Maritime
Forwarding
Prince Rupert Container Traffic Up 20 Percent in 2011
Courtney Tower, Special Correspondent |
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
Port News
Maritime
Forwarding
Crowley Names Ayala to Head Puerto Rico Trade
Peter T. Leach, Senior Editor |
Crowley Maritime promoted Jose “Pache” Ayala to vice president for the Puerto Rico trade.
Container lines
Maritime
Forwarding
Maersk Sells Chassis-Leasing Subsidiary
Peter T. Leach, Senior Editor |
Maersk Inc., the U.S. arm of the A.P. Moller-Maersk Group, agreed to sell Direct ChassisLink, its chassis-leasing subsidiary, to the private equity firm Littlejohn & Co.
Port News
Maritime
Trucking News
Container lines
Forwarding
OOCL to Hike Westbound Asia-Europe Rates $800
Peter T. Leach, Senior Editor |
OOCL announced Friday it will increase freight rates $800 for westbound cargo on Asia-Europe services March 1, joining other carriers in an attempt to pump up rates on the depressed trade lane.
Container lines
Maritime
Container Imports Rose 3 Percent in 2011
Joseph Bonney, Senior Editor |
Rising shipments of auto parts and recovering demand for furniture pushed U.S. containerized imports up 2.4 percent in December, capping a year in which volumes increased 3 percent.
Forwarding
Maritime
A New Ceiling From the Factory Floor
Joseph Bonney, Senior Editor |
Hyundai’s car plant in Montgomery, Ala., is running at 110 percent of official capacity. Deere and Caterpillar report double-digit sales increases. U.S.
Forwarding
Maritime
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