Container Shipping News

The Panama Canal Authority ordered 14 new tugboats in anticipation of more vessel traffic when the canal completes its

“If it was easy, everyone would be doing it,” the logistics director for a large U.S. health care products importer and exporter said recently.

Maersk Line plans to increase freight rates on westbound cargo from the U.S. to the Far East, starting Nov. 15.

Maersk Line changed the port rotation of its MESA Service connecting the Middle East, the Indian subcontinent and South Africa.

Maersk Line on Thursday denied reports that it is using its market size and economies of scale to drive weaker carriers out of the Asia-Europe trade and gain market share.

The National Retail Federation forecasts a 2.8 percent increase in holiday sales, and said

Container ship charter rates are in free fall as ocean carriers cut back on hired tonnage amid plunging freight rates, rising overcapacity and sluggish cargo growth on key trade routes.

Horizon Lines completed a complicated $652.8 million refinancing that saves the largest U.S.

The Canadian government said it will “vigorously defend” its trade policies and infrastructure investments against any of the findings of a Federal Maritime Commission study looking into t

Georgia’s Port of Brunswick hit an annual record in auto and machinery unit traffic, as the number of units handled grew 40 percent year-over-year in the fiscal year 2011 that ended June 30, sai

The London P&I Club warned that shipowners face a significant increase in exposure to claims and fines in jurisdictions suffering from high interest rates and protracted legal proceedings.

The Federal Maritime Commission, jumping into a dispute over the shift of imported containers from the United States to Canada, voted Wednesday to launch an inquiry over whether the U.S.

Horizon Lines said it expects to complete a $655 million refinancing by Thursday following agreement by holders of 99.3 percent of its convertible notes to swap their bonds for a combination of stock

Toy shipper Mattel overhauled its agreements with ocean carriers this year to clarify shipper-carrier responsibilities and provide both parties with incentives to fulfil contract terms, a company exec

China will need to import 2 million tons of U.S. corn by next year even though the country expects a record harvest this year, said the U.S. Grains Council.

Container traffic through major ports in India increased 4.3 percent year-over-year in the first half of fiscal 2012 ending Sept. 30, the Indian Ports Association said Wednesday.

Slow steaming, a practice that ocean carriers adopted during the last four years to save on bunker fuel costs, is likely to becom

Containerized imports moving through West Coast ports in August declined 7 percent compared to the same month in 2010 while exports surged 12 percent compared to August 2010, according to the Pacific

Almost half of all containerships on order are for capacity of more than 10,000 20-foot equivalent units and the average size of vessels delivered this year will be more than double that of a decade a

The Port of Krishnapatnam’s start of container operatios in late September positions the Indian port as an alternative to the congested container gateway in

DP World said its London Gateway deep-sea container port will start operations in the fourth quarter of 2013 with an initial annual capacity of 1.6 million 20-foot equivalent container units.

Fesco, owner of Russia’s largest ocean carrier, boosted revenue by 27 percent in the first six months and forecast an even stronger second half performance.

Cargo shipped through the Panama Canal increased by 7.1 percent in the fiscal year 2011 ended Sept. 30, to set a record of 322.1 million Panama Canal/Universal Measurement System tons.

South Carolina environmental regulators on Friday blocked a permit sought by the Army Corps of Engineers to deepen the Savannah River channel to the Port of Savannah, increasing tension between the st

Throughput at ports in the southeast Chinese province of Fujian from January to August rose 8.3 percent year-over-year to 6.1 million 20-foot equivalent container units.

Container line Safmarine said Monday it will merge its operations into larger sister carrier Maersk Line, a move that cut 240 jobs while boosting efficiency and reducing costs.

When the International Longshore and Warehouse Union violently protested the hiring of non-ILWU workers at a Pacific Northwest grain elevator, the union’s East and Gulf Coast counterparts were q

India’s Port of Chennai appealed to container terminal operators, shipping lines and shippers to help ease congestion at the congested southeastern hub.

A tentative agreement between nearly 500 Canadian Auto Workers and Canada’s St.

With the International Longshoremen’s Association contract expiration a year away, some shippers already are starting to explore contingency plans.

The Yangtze River is the world’s third-longest river after the Amazon and Nile, stretching 3,914 miles from the Tibetan Plateau to its mouth at Shanghai.

With container and general cargo volume steady and rising across the Gulf of Mexico, ports are spending much of their time expanding shoreside facilities in anticipation of increased Asian cargo flows

A U.S.-Canada cross-border dispute simmering since last spring may be on the verge of boiling over.

The record drought in the Southwest this year caused $5.2 billion in agricultural losses in Texas, the Texas AgriLife Extension Service reported.

Nearly 500 Canadian Auto Workers employees on Friday notified Canada’s St.

Mitsui O.S.K.

A 16.4 percent jump in exports spurred a 7.3 percent increase in loaded international container volume at the Port of Tacoma in August from a year earlier.

Mediterranean Shipping Co., the world’s second-largest container shipping carrier by fleet capacity, will raise rates from the United States to the Far East, effective Nov. 1.

The Westbound Transpacific Stabilization Agreement said its member carriers plan to implement targeted rate increases on export commodities Nov. 1.

CSAV is living an extreme version of container shipping’s recent ups and downs.