Container Shipping News

Hyundai Merchant Marine will raise rates southbound container shipments from the U.S. to the East Coast of South America effective Aug. 1.

Crowley Maritime is bolstering its logistics capabilities in the Caribbean with the acquisition of Puerto Rico Freight Systems, a company specializing in freight consolidation and less-than-container

Swedish shipowner Wallenius Wilhelmsen Lines is placing armed guards to protect its vessels from attack by Somalia-based pirates in the Gulf of Aden.

Drewry Maritime Research is forecasting average east-west ocean freight rates will fall 20.8 percent this year from 2010 as the addition of ship capacity outpaces growth in demand.

CSAV is suspending its service between Asia and the Mediterranean amid sharply declining rates on Asia-Europe trade lanes.

United Arab Shipping Company opened its own shipping agency in Pakistan in a joint venture with its erstwhile third party agent, Delta Shipping.

Despite signs of a cyclical slump in container shipping, a bull market is developing for construction of large, fuel-efficient ships.

Exporting companies are starting to see the fruits of the Obama administration’s effort to streamline and modernize the outdated export control system.

One reason Seaspan chose Chinese shipyards to build its next generation of big ships was that South Korean shipbuilders were slow to offer more fuel-efficient designs.

Audiovox Electronics’ Pat Moffett is willing to stand behind his commitment to deliver cargo to his carrier in time to fill the slot he’s reserved.

Those large blue boxes with the familiar APL logo that started appearing on U.S. highways and railroads in May aren’t ocean containers, though it’s tough to tell the difference.

For ocean carriers, the disquieting chatter began in early spring. All the new capacity they had delayed taking delivery of during the 2008-09 recession was coming due.

Container shipping line APL is building an intermodal container terminal in Joliet, Ill., to strengthen its transcontinental network in the United States.

Editor Peter T.

Container imports at the Port of Seattle fell back 27.8 percent in May from the same month a year ago in a broad decline in international shipping at Pacific Northwest ports.

Hapag-Lloyd announced a steep hike in its “war risk surcharge” on all cargo moving to and from

NYK Line is extending its plan to phase out chassis services, dropping the equipment provision in Oakland and Minneapolis for import and export merchant haulage bills of lading.

NYK Line’s eastbound trans-Pacific volume fell 8 percent year-over-year in May, the second straight monthly decline on the trade lane for imports into the U.S., according to an operati

The European Union will strictly enforce new customs regulations aimed at tightening security on goods moving through ports.

Maersk Line North America named Gordon Dorsey vice president of global contract execution for U.S. military and government cargo services, effective July 1.

Maersk Line suspended operations Thursday at three Iranian ports to comply with U.S.

The Shanghai Shipping Exchange, which started trading container freight derivatives on June 28, is asking the Chinese government to relax regulations to allow China’s state-owned shipping lines

The Port Authority of New York and New Jersey saw its busiest shipping month in nearly a year in May as loaded container volume grew 5.7 percent over the same month a year ago.

Global port-terminal operator PSA International is poised to win the contract to build and operate the fourth container terminal at India’s Port of Jawaharlal Nehru, the country’s largest

Overall confidence levels in the ocean shipping industry dropped for the fourth successive quarter in the three months ended May, to their lowest level in two years, according to the latest shipping c

The Shanghai Shipping Exchange launched China's first forward freight container contract, allowing local exporters and shipping companies to manage growing volatility in freight rates.

Neptune Orient Lines opened its new terminal at the Port of Qingdao on Wednesday with the arrival of the APL Dubai.

Hanjin Shipping and Emirates Shipping plan to swap slots on two of their intra-Asian services in July.

Ocean carriers are offering a menu of new services to improve the supply chain efficiency and reduce the cost of delivering cargo from Asia to U.S.

Horizon Lines struck a settlement with home improvement retailer Home Depot that will release Horizon from antitrust claims for price-fixing in the Puerto Rico shipping trade.

Panamax container ships are finding employment today but face growing competition from larger vessels, especially after the Panama Canal’s larger locks open in 2014, according to a report by the

Imports through North Europe's six busiest ports will slow to 8 percent this year from 15.9 percent in 2010 while exports rise 10.9 percent, almost level with 2010, according to the monthly North Euro

Two years ago the U.S. adopted international standards for regulating exhaust emissions from ships.

Japanese export ship orders fell in May for the first time in 18 months on a year-on-year basis, sliding 41 percent to 551,270 tons, according the Japan Ship Exporters Association.

Greek dockworkers are taking part in a 48-hour general strike and nationwide protests as Parliament debates budget cuts, tax hikes and asset sales to prevent the near bankrupt country defaulting on it

Ocean carriers are unlikely to achieve planned freight rate hikes on the Asia-Europe route this week because they have failed to rein in excess capacity, according to Alphaliner.

U.S.

Container volume at the port of Savannah climbed by 10.1 percent in May from the same month last year, as the port handled 254,329 20-foot equivalent units, the Georgia Ports Authority said Monday.

Somalia pardoned six foreigners jailed for illegally bringing $3.6 million into the country to pay ransom for two ships seized by Somali pirates.

Maersk Line signed a contract Monday for another 10 18,000 20-foot equivalent units containerships for the Asia-Europe trade, just four months after placing an initial $1.9 billion order for 10 of the