Container Shipping News

Governors of three Great Lakes states urged New York Governor Andrew Cuomo to prevent the shutting down of the St. Lawrence Seaway by easing the state’s ballast water standard.

Hamburg Sud and classification society Germanischer Lloyd are jointly developing a system to track pollution produced by the German carrier’s fleet.

Shipping volume in containers, general cargoes, and dry and liquid bulk cargoes at the major Syrian ports of Latakia and Tartous have slipped since protesters started mounting demonstrations against t

Singapore-based container carrier APL will apply a peak-season surcharge on cargo shipped from India to the U.S. and Canada.

Horizon Lines said it closed on a bridge loan of up to $25 million to ensure liquidity while the carrier works to wrap up a

U.S.

CMA CGM is reorganizing its CAGEMA service between the U.S.

Nordana is reactivating its direct roll–on, roll-off service between the U.S.

Japanese ocean carrier MOL will seek a new round of rate increases on cargo moving from the Far East to the Indian Subcontinent, as part of a rate restoration program.

Container ships will transport three quarters of perishable reefer cargo by 2014 as they take further market share from specialized refrigerated vessels, according to a new report.

Global Ports doubled its first half profit to $82.4 million, as Russia’s largest container terminal operator boosted domestic box traffic more than 70 percent in its first year as a public compa

Maersk Line will expand the daily guaranteed service announced yesterday for 12 Asia-Europe corridors to other trades if the concept proves a success.

Excel Shipping said its new membership in the INTTRA’s ocean shipping e-commerce network will allow the U.K.-based non-vessel common carrier to focus more on growing its business, instead of sch

Maersk Line is setting a standardized cut-off time for cargo being loaded on vessels on its Asia-Europe services, and the world's largest container line will pay shippers an unspecified compensation i

Mediterranean Shipping Co. will use Italy’s Port of Gioia Tauro to transship all cargo moving from ports in the United Kingdom and Northern Europe to Australia and islands in the Indian Ocean.

The weaker euro boosted Europe’s July exports to North America 9.4 percent to 311,000 20-foot equivalent container units, as all major container trade lanes saw steady volumes.

India’s exports surged for the fifth successive month in August, growing 44.2 percent year-over-year to $24.3

Patrick Halloran takes great pains to provide the carriers that transport Cardinal Health’s global shipments of medical supplies with his best and most accurate forecasts of imports and exports,

Ocean carrier executives breathed a sigh of relief last month when the Container Rate Benchmark published by Drewry Shipping Consultants jumped 21.5 percent in the week of Aug.

Sylvie Vachon joined the Montreal Port Authority in 1990, managing the departments of Financial Services, Land and Property, Procurement and Risk Management, Information Technology, Human Resources an

When consumers don’t buy, retailers don’t order and ship. Bad economic news is undermining container lines’ hopes for a strong fall peak season for holiday imports.

In the run-up to the 2011 peak shipping season, the world’s largest ocean carriers engaged in a form of slow-steaming, and not a good one, according to The Journal of Commerce’s ranking of

Four international shipping associations, representing most of the world's maritime industry, called for the creation of a United Nation armed force to tackle the worsening piracy crisis in the Indian

A shortage of port capacity is preventing lines from offering mainline U.S.

The Port of Hong Kong’s container traffic rose 7 percent in the second quarter to 6 million 20-foot equivalent container units, pushing first half traffic up 4 percent year-over-year.

Hong Kong is no longer the largest port serving China, but the city’s importance as a logistics center has grown, a Hong Kong trade delegation visiting Long Beach told importers and exporters T

A U.S.

Singapore-based container carrier APL will apply a general rate increase on cargo shipped from the Far East (excluding Japan) to India.

Container throughput at major ports in India increased 4.4 percent year-over-year in the April-August period, the Indian Ports Association said Friday.

When Mediterranean Shipping Co.

Security conditions at Libya’s ports of Tripoli and Benghazi have stabilized, aside from celebratory gunfire at the capital, allowing international trade to restart, according to GAC, a global l

The average spot rate for shipping a container from China to the U.S. West Coast fell 11 percent in the past week amid slumping U.S.

Moody’s downgraded CMA CGM a day after Standard & Poors lowered its credit rating for the French oc

OOCL is minimizing the accumulation of currencies in emerging markets to reduce its foreign-exchange risks, because hedging costs are higher in these more-restricted markets, an executive said Thursda

Somali pirates released the MSC Panama container ship this week after reportedly receiving a $7 million ransom for the vessel, according to published reports.

Wal-Mart is “guardedly optimistic” about the rest of 2011 but sees a trend toward a “flatter” peak season for holiday shipments, said Kelly Abney, the retailer’s vice pre

The July container volume at West Coast ports fell 3 percent compared to July 2010, despite another strong showing in exports.

The Federal Maritime Commission extended by seven months its oversight of carriers involved in the Transpacific Stabilization Agreement and Westbound Transpacific Stabilization Agreement.

The changes in container industry practices called for by Maersk Line CEO Eivind Kolding will take years, according to shippers and Maersk Line who are getting ready discuss a new way to do business i

NYK Line plans to issue $325 million of bonds maturing in 2021 with a 1.218 percent coupon, the carrier’s lowest for a 10-year security since February 2003, according to Bloomberg.