Container Shipping News

CSAV’s volume of transported containers fell by 10 percent in June from May of this year, but the average revenue per container increased.

The Port of Antwerp’s container handling increased 4.3 percent year-over to 20-foot equivalent units in the first six months of 2011, port authority said Wednesday.

Japan will extend the Self-Defense Forces’ anti-piracy mission in the waters off Somalia for another year starting July 23.

Mediterranean Shipping Co. will be the anchor customer of a new terminal at the Port of Lome, Togo, with annual capacity of 1.5 million 20-foot equivalent units, according to a published report.

The Indian Navy foiled an attempted pirate attack on a Greek merchant ship in the Gulf of Aden between Yemen and Somalia, the navy’s western command said.

Maersk Line will start a new service between Ecuador and the Eastern Mediterranean and the Black Sea in September that will call at Novorossiysk.

Orient Overseas Container Line is forecasting a “disappointing” full year even after the shipping line's second-quarter container volume and revenue increased

Maersk Line is postponing by two weeks the implementation of the peak season surcharge that it planned to apply on East Asia-U.S. East Coast cargo July 15.

Ocean carrier CMA CGM announced will impose a series of rate hikes and peak season surcharges on Asia-Europe trade lanes in August even as lines confront a glut of capacity that has

The American Association of Port Authorities will work with the Department of Commerce to help small and medium-sized businesses export goods to overseas markets, part of President Obama’s goal

APL will apply an emergency congestion surcharge on imports containers at India’s Port of Nhava Sheva (Jawaharlal Nehru), and other carriers are expected to follow as ships clog the country&rsqu

The Toy Shippers Association partnered with Laufer Group International, integrating the company as its official non-vessel operating common carrier.

A federal judge threw a new twist into the battle over clean-trucks programs at Southern California ports, ruling the Po

FedEx Trade Networks, the forwarding arm of FedEx, is trying to expand its reach into ocean shipping with a new forwarding service for products with a flex

Fesco boosted container traffic 46 percent in the first half of the year compared to the same period a year ago, as Russia’s largest ocean carrier benefited from the nation’s economic reco

Container shipping supply and demand will remain “highly volatile” for the next three or four years before possibly settling into a more standard cyclical pattern, according to Seaintel Ma

The second quarter’s slow growth was disappointing, but the U.S.

Costamare is paying Mediterranean Shipping $55 million for a 5,000 20-foot equivalent units container vessel the Greek container shipowner will charter back to the ocean carrier.

Mediterranean Shipping Company and Chilean carrier CSAV entered a vessel sharing agreement to launch a direct co

The European Union’s plan to slash ships’ sulfur dioxide emissions will likely result in

The founder of telecommunications company Neustar, Jeffrey Ganek, joined the board of directors of INTTRA, an electronic booking portal for the ocean freight industry.

Tobias Koenig has a proven business model at Marenave, the shipowning company he listed five years ago on the Hamburg Stock Exchange.

DHL will expand direct less-than-containerload service from Shanghai to Seattle, reducing transit times for LCL shipments by up to four days, the company said.

A weekly Europe-based ocean container index by Drewry Shipping Consultants and Cleartrade Exchange will launch in September, g

Kuehne + Nagel said economic uncertainty made it impossible to forecast the rest of the year even as the worl

Its wounds still fresh from an earlier-than-expected exit from this month’s women’s World Cup soccer tournament, Brazil faces a quick turnaround when Rio de Janeiro hosts the men’s v

Security continues to be a key issue for shippers doing business in Mexico. The rise in cross-border surface trade between the U.S.

U.S. consumer sentiment fell this month to its lowest level since March 2009, reflecting depressed income and low employment levels, a widely watched survey reported.

Maersk Line, Ltd., won a multi-year contract valued at up to $126 million to operate and maintain five container and roll-on, roll-off ships for the U.S. Navy.

The maritime industry would be required to slash sulfur dioxide emissions by up to 90 percent at a cost of $3.6 billion to $15.6 billion, under a proposal unveiled by the European Commission on Friday

Two of every five trans-Pacific import containers are booked through non-vessel-operating common carriers instead of directly with container lines, and the NVOs’ market share is growing.

Shipping is picking up steam on the trans-Pacific, but it’s not happening in the direction carriers are accustomed to. Instead, import growth is tapering off as the peak season approaches.

Chilean container line CSAV and Mediterranean Shipping will jointly operate four liner services under a new agreement, stepping up ocean carrier rationalization amid overcapacity, slowing cargo d

Although container production is up in the wake of last year’s critical shortages, prices for the boxes have nearly doubled in the last two years and shippers will face an ongoing shortage of th

Imports into the Port of Los Angeles fell 10.2 percent in June from the same month a year ago, throwing a new cloud over the U.S.

Retail sales rose 0.1 percent in June as a rise in spending at automobile dealerships and chain stores offset a drop in gasoline prices, the Commerce Department said.

Overcapacity and slowing demand on the trans-Pacific spurred CMA CGM, Maersk Line and Mediterranean Shipping Co.

Sea Star Line on July 22 will suspend its weekly service connecting Philadelphia; Jacksonville, Fla., and San Juan, Puerto Rico, because of a lack of business.