Container Shipping News

The consolidation of services that Mediterranean Shipping Co. and CMA CGM announced on Dec.

Singapore-based container carrier APL is imposing a peak-season surcharge on westbound trade from Asia to North Europe and the Mediterranean.

The Global Port Tracker retail shipping industry report forecast a 0.3 percent increase in December container imports through major U.S.

Seaspan announced this week a stock buyback offer in conjunction with the launch of a tender offer to purchase up to 10,000,000 of its Class A common shares.

DFDS and Louis Dreyfus said they are not making a revised joint bid for assets of Sea France because of resistance from the union representing the majority of seamen at the ailing French ferry operato

Sweden’s competition regulators cleared APM Terminals’ 25-year concession to operate the port of Gothenburg’s Skandia container terminal, the country’s biggest box facility.

Cargo operations at West Coast ports returned to normal Tuesday after Occupy movement protests shut down operations at some terminals in Oakland and Portland the day before but largely fizzled out wit

TUI is exercising its right to tender a further 33.3 percent stake in Hapag-Lloyd to the Albert Ballin conso

Maersk Line will reintroduce its CRX service in January connecting Mexico and Costa Rica directly with the U.K., the Netherlands and Germany.

Hyundai Merchant Marine closed on a $500 million debt facility on Tuesday from a syndicate of financial institutions led by DNB Bank

The Journal of Commerce and sister company PIERS signed a strategic agreement w

A carbon tax on international shipping to finance a “green fund” for developing nations was blocked at recently concluded United Nations climate change talks.

Several hundred Occupy movement protesters blocked entrances to the Port of Oakland on Monday while police in riot gear lined up at the ports of Los Angeles and Long Beach to block attempts to shut do

OOCL is joining in a vessel-sharing agreement with CMA CGM on the French carriers’ service between New Zealand and Northeast Asia to create a weekly fixed-day service.

The Japanese government has revised the nation’s tonnage tax system in response to strong pressure

Toyota cut its profit forecast by more than half after Thailand’s worst floods in almost 70 years disrupted output of Camry and Prius vehicles.

Emirates Shipping Line reduced the port congestion surcharges the carrier has imposed on containers shipping through India’s Port of Chennai for the last two months.

Maersk Line is working with the U.S. Navy to test biofuel derived from algae on a Maersk container ship on a voyage from Northern Europe to India.

The average revenue per 40-foot equivalent container unit transported by APL fell $1 from the month before even as the carrier’s total volume increased 2 percent in the four-week period from Oct

India downgraded its expectations for exports by 6.7 percent in fiscal 2012, which ends March 31, after the country admitted to overstating exports growth in the eight months through November.

International shipping movements on the Mekong River in Southeast Asia have restarted under armed escort after the killing of 12 Chinese sailors in early October spurred the shutdown of the waterway.

Next February, Todd Lush will be among the first customers of a new marine highways venture by the Port of Stockton, Calif., when weekly container-on-barge service begins to the Port of Oakland.

Ocean carriers have spent the past week number-crunching to gauge the impact of the sudden announcement from Mediterranean Shipping and CMA CGM that the world’s second- and third-largest lines a

Shipping lines preparing to close their books on a year of hefty losses face a difficult choice: They can find ways to reduce capacity enough to lift freight rates on the money-losing east-west trade

European shippers are worried the efficiencies Mediterranean Shipping and CMA CGM get from their alliance simply will translate into higher shipping rates.

Along the way to becoming the largest container carrier serving the United States, Mediterranean Shipping has struck an almost perfect balance of imports and exports.

A second major labor group announced its opposition Friday to plans by the Occupy movement to shut down the port on Monday.

Expectations of a sluggish U.S. economy led Journal of Commerce Economist Mario O. Moreno to lower his forecast for growth in U.S.

Horizon Lines shareholders approved a 1-for-25 reverse stock split that follows the company’s $652.8 million recapitalization announced in October.

The Shanghai Shipping Exchange measure for spot container rates to Europe fell below $500 this week, the lowest the SCFI index has reached in the world’s largest and most troubled container ship

India's Port of Mumbai saw container traffic in November fall 12.7 percent year-over-year, while total tonnage rose 3.4 percent from same period a year ago.

“K” Line is launching a new weekly intra-Asia service from North China to Ho Chi Minh City as a slot operator.

Longshoremen and harbor truckers are preparing for possible disruptions on Monday when the Occupy movement intends to shut down West Coast ports on Dec. 12.

Environmental groups in Georgia and South Carolina filed an appeal with the South Carolina Administrative Law Court on Thursday challenging South Carolina’s approval of a dredging permit for the

Kuehne + Nagel will use cloud-based software to better track and communicate with container drayage haulers, giving the logistics operator better management of freight moving to and from ports in the

Hamburg Sud and Maersk Line will combine a Asia-South America service with a service operating by CMA CGM, CSAV and China Shipping Co., starting later this month.

Mediterranean Shipping Co.

State-owned Shipping Corporation of India is scaling back its fleet expansion plan after suffering two consecutive quarterly losses.

Mediterranean Shipping Co. will begin direct service from Oakland and Long Beach to Australia and New Zealand, starting later this month.

CMA CGM announced its service reorganizations in the Asia-North Europe trade that will take effect in April as part of the French carrier's