Container Shipping News

U.S. containerized imports dropped 1.7 percent in June from the same month last year after rising 5.5 percent in May, a poor signal for trade heading into the peak shipping season.

Containership charter rates are tumbling as ocean carriers re-asses their tonnage requirements amid slowing cargo growth and weakening freight rates.

A new slate of eight directors was sworn in as new members of the board of the Virginia Port Authority on Tuesday, which will be headed by a new chairman, Michael J.

Hapag-Lloyd is implementing a series of general rate increases and peak-season surcharges on Asia-Europe-Mediterranean trade lanes, as part of a new rate restoration program.

The ports of Los Angeles and Long Beach have chosen seven companies as recipients of the 2011 Clean Air Action Plan quality awards.

The volume of containers handled by at terminals operated by the Guangzhou Port Group increased by 10.3 percent year-over-year in the first half of 2011 to 5.2 million 20-foot equivalent units.

Denmark’s DFDS, northern Europe’s largest short sea carrier, and French ship-owner Louis Dreyfus Armateurs, on Tuesday launched a joint bid for certain assets of SeaFrance, a financially t

The volume of containers handled by the Port of Tacoma dropped by 11 percent in June compared to the same month a year ago, reflecting the sluggish trends in the U.S.

Danaos, the Greek containership owner, reported a sharply lower second quarter loss compared to the same period a year ago, as charter revenue surged 35 percent within the same period.

Japanese export ship orders fell for the second straight month in June on a year-on-year basis, plunging 65.7 percent to 545,770 gross tons, according to figures released by the Japan Ship Exporters&r

India’s Port of Jawaharlal Nehru (Nhava Sheva), which is struggling to cope with increased congestion, unveiled plans to build a fifth container terminal to accommodate a projected significant g

DP World said an 11 percent jump in container traffic in the first half of the year will deliver “significant improvement” to the Dubai-based terminal operator’s earnings in the peri

Hamburg Sud will stop providing chassis for merchant haulage in and around the Port of Oakland as of Sept.

Dockwise signed the first contract for the world’s largest heavy-lift vessel with U.S. oil company Chevron for a undisclosed sum.

Container, auto and breakbulk volumes at Georgia’s two deep-water ports surged at double-digit rates in the 12 months of the fiscal year ended June 30, the Georgia Ports Authority reported Monda

Virginia Gov. Bob McDonnell replaced 10 out of the 11 members on the board that oversees the Virginia Port Authority in an effort to spur lagging volume and revenue.

Containership owner-charterer Rickmers Maritime Trust said Monday that its net profit in the second quarter surged by 1,302 percent year-over-year to $8.55 million, while its revenue increased 3 perce

Severe terminal congestion at India’s Port of Nhava Sheva (Jawaharlal Nehru) spurred major ocean carriers to skip calls at the port and reroute ships to Mundra, a privately-owned cargo hub farth

In their original proposal for the 2011 contracting season, ocean carriers announced through the Transpacific Stabilization Agreement discussion group they intended to impose a $400 peak-season surcha

The peak season is at hand in the eastbound trans-Pacific, but freight rates are dropping steadily and carriers are pulling vessels from service.

The AFL New England made its inaugural call at Boston on July 19, officially kicking off the vessel’s Halifax-Portland, Maine-Boston service, the first stage of a marine highway network American

A Port of Longview, Wash., grain terminal shut down temporarily on Friday when International Longshore and Warehouse Union protesters attempted to prevent vehicles from entering the facility in a stan

Mediterranean Shipping Company will apply a general rate increase on the trade from India to South Africa as part of what it calls a new “rate restoration initiative.”

The largest export coal shipment ever handled by the Port of Mobile sailed early Friday, highlighting the Alabama State Port Authority’s recent investments into the McDuffie Coal Terminal.

The Tampa Port Authority’s board this week agreed to spend $12.9 million to expand the port’s container-handling capacity and inland connectors.

The largest Maersk Line container ship ever to call Indian shores arrived Thursday at the Port of Cochin, a major cargo hub on the India’s southeast coast.

Norway’s Star Reefers swung to an $11.3 million second quarter net loss from a year-earlier profit of $3.8 million, as spot market rates fell, fuel costs rose and container carriers targeted the

The Port of Le Havre said Hanjin Shipping resumed service between Japan and the French port on July 15 after several years without any Japanese service to the French port.

"K" Line will join a vessel-sharing agreement next month that is currently operated by Evergreen Line and Simatech on the booming trade lane between the Far East and Indian subcontinent.

Singapore-based container carrier APL will impose a peak-season surcharge on all cargo shipped from Asia and the Middle East to the United States and Canada, starting Aug. 1.

OOCL told its customers it will once again delay its peak season surcharge in the eastbound Pacific trade for another two weeks until Aug. 15.

Japan’s trade balance swung back into the black in June amid growing signs of a recovery in exports hit hard by the catastrophic March 11 earthquake and tsunami.

A four-liner consortium will upgrade their joint vessel-sharing agreement between the Far East and South and West Africa to a weekly service in August, and add an additional Singapore call on west and

The largest container ship to ever call the Port of Charleston, the MSC Bruxelles, docked at the Wando Welch Terminal on Wednesday.

Four hundred and forty-eight container ships with a combined capacity of 2.78 million 20-foot equivalent units are scheduled for delivery in 2011 and 2012, adding enormous capacity well ahead of growt

Container traffic at the port of Marseille shrunk 9 percent in the first half of 2011 from a year ago largely due to