Container Shipping News

Container traffic at the Port of Singapore rose 4.7 percent in July to 2.6 million 20-foot equivalent container units from last year, giving the port its busiest month in at least 19 months.

Emirates Shipping Line is imposing a port congestion surcharge on import containers at India’s troubled Port of Nhava Sheva (Jawaharlal Nehru).

Containerized imports at the Port of Charleston jumped 11.8 percent in June compared to the same month a year ago but exports fell back 2.7 percent amid signs the slumping economy was affecting shippi

China Merchants Holdings is teaming up with two Sri Lankan partners to build a $500 million container terminal in the Port of Colombo in Sri Lanka.

Maersk Line kicked off its service at the recently opened Cai Mep International Terminal in Vietnam when the Grete Maersk called there Tuesday as part of its trans-Pacific service.

Container throughput at the Port of Hamburg jumped 17.4 percent in the first half of 2011 from the same six-month period last year, as carriers added new and expanded liner services consisting of larg

Container traffic at Spain’s Port of Algeciras Bay grew 3.9 percent to 1.5 million 20-foot equivalent units in the first half of the year from the same period a year ago, largely due to a record

Home improvement retailer Lowe’s, facing higher shipping costs and weakening sales, is ramping up a dramatic increase in online sales operations and shipping more goods directly to customers fro

Containerized imports declined a combined 2.3 percent at the ports of Los Angeles and Long Beach in July compared to the same month last year, as the ports handling fell short of an especially strong

Nine container ship lines want the Federal Maritime Commission to order the Port Authority of New York and New Jersey to quit collecting a fee that they claim illegally subsidizes intermodal rail ship

State-owned Shipping Corporation of India lost $1.3 million in the fiscal first quarter ending June 30, compared with a net profit of $42.5 million a year earlier.

The Port of Montreal bought two more multiple-generator locomotives that burn less fuel and produce less carbon emissions than previous models.

Import container volume at the Port of New York and New Jersey slipped 0.5 percent in June from the same month a year ago, the port's first monthly decline in 20 months.

Container ship owner-charterer Global Ship Lease said scheduled drydockings and non-cash charges caused a second quarter net loss of $11.7 million, compared with $5 million a year ago.

Hans-Ole Madsen says the main requirements for doing business in Africa are patience and commitment. Shipping volume, for now, is just a bonus.

Asian Shippers Council Chairman John Lu says container lines are out of capacity reduction options and are falling back into tough competition over rates that will push some to the brink of bankruptcy

Harbor truckers have complained for years that marine terminal gates are a source of lengthy yet preventable delays in the transportation supply chain.

Consolidated Chassis Management says taking over management of its six regional chassis pools is a way to cut costs and prepare for changes in a rapidly evolving business.

Epic problems this summer at India’s largest container port provide a stark example of the hurdles the country faces in raising its profile in world trade, and the reality-bending challenges to

Trailer Bridge lost $3.6 million in the second quarter, compared with an $897,000 profit in the same period a year ago, largely because the carrier's charter business decreased and fuel costs rose $1.

United Arab Shipping, looking to bolster revenue amid signs of firming rates on east-west trade lanes, is imposing a peak season surcharge on cargo moving from Asia to North Europe effective Aug.

Europe Container Terminals in Rotterdam is replacing its first-generation automated guided vehicles nearly 20 years after pioneering the use of the equipment to shuttle containers between container cr

Caterpillar Chairman and CEO Doug Oberhelman called for U.S. policymakers to launch a strong infrastructure repair program to upgrade ports and domestic transportation networks.

U.S. retail sales rose 0.5 percent in July, and business inventories grew in June for the 18th straight month but at the slowest rate in more than a year, the Commerce Department said.

Hanjin Shipping's container division lost $159 million in the second quarter, as rising fuel prices and a steep decline in east-west rates offset a 13.2 percent increase in volume.

The head of heavy equipment manufacturer Caterpillar said his company is still hiring in August as demand continues to grow for its product line, although he worries about the economic outlook.

Miami developers’ attempt to build high-rise condominiums at the site of terminals serving the Caribbean was thwarted after the Florida Supreme Court refused to overturn a lower court’s ru

Neptune Orient Lines reported a $57 million loss on Friday as its APL liner shipping operation's pricing fell 9 percent in the second quarter, and the shipping line said it will post a loss for the fu

India’s exports surged 82 percent year-over-year to $29.3 billion in July, according to latest provisional figures released by the Commerce Ministry.

The U.S. trade deficit rose in June to its highest level since October 2008 as soft overseas demand reduced industrial and capital goods exports.

Hapag-Lloyd’s second quarter profit tumbled to 26 million euros ($37 million) from $294 million in the second quarter of 2010 as declining rates and higher fuel costs offset a 3.3 percent increa

Container ship owner-charterer Seaspan took delivery of the third in a series of eight ships with capacities of 13,100 20-foot-equivalent units for charter to COSCO container lines.

The Green Alliance, formerly known as the CKYH alliance, will discontinue in September its weekly container service to the Port of Halifax in Nova Scotia.

Singapore-based ocean carrier APL said it is struggling to connect exports via terminals in India’s Port of Chennai because of severe port congestion and yard delays.

Canadian National Railway and China’s CNBM Forest Products Trading agreed to use a new CN facility in Vancouver, B.C., to transload Canadian lumber into China-bound containers starting this fall

Seaboard Marine posted an $11.1 million operating loss in the second quarter as rising volume and rates were offse

The growing demand for port capacity over the next five years will outpace terminal expansion, leading to rapidly rising utilization levels at many ports, especially in the Far East and Southeast Asia

Ocean carriers lose an average of 350 containers at sea annually, and the number rises to 675 containers if a vessel loses many containers in a single incident, the World Shipping Council reported Wed

China Cosco Holdings said it will likely post a loss for the first half of this year because rising fuel costs have eroded the container and bulk carrier’s earnings.

Taiwan-based Wan Hai Lines imposed port congestion surcharges on import containers handled at India’s Port of Chennai, making it the second ocean carrier to do so at India’s second-largest