Container Shipping News

When European Union antitrust authorities sprang a series of surprise visits on the offices of several of the world’s largest container lines, it set off what promises to be a long investigation

The U.S. Export-Import Bank is guaranteeing $22.2 million in euro-denominated loans so a Vermont builder of wind energy turbines can export 55 units to Italy.

The barge industry is taking new safety measures to deal with “unprecedented” flooding on the Mississippi River, working closely with the U.S.

The breakbulk vessel Cielo di San Francisco, preparing to embark on its maiden voyage from Vancouver, is marking a shift in trade patterns at Canada’s largest port.

CSAV is upgrading its weekly New Discovery service between China, Malaysia and South Africa by extending its coverage to include West Africa.

Container traffic at the Port of Montreal grew 4.5 percent in the first quarter year-over-year on strong demand from the U.S. Midwest and Canada, and double-digit growth in Mediterranean trade.

America Chung Nam, the sister company and supplier of wastepaper to China’s largest containerboard manufacturer, was the largest American exporter of containerized goods by volume

Wal-Mart remained the No. 1 importer of containerized ocean cargo in the latest annual ranking of The Journal of Commerce Top 100 U.S.

The APL Singapore flipped a switch on Friday at the Port of Oakland that made it the first ship there to “cold-iron” and use shore-side electric power, extending a major maritime environme

America Chung Nam, the primary supplier to china’s largest containerboard manufacturer, came in as this year’s top exporter on The Journal of Commerce’s Top 100 2010 Exporter list.

Hamburg Sud said Thursday it will raise its bunker adjustment factor on July 1 on the trade between the Pacific Coast and North Europe and the Mediterranean trade.

The Virginia Port Authority board of commissioners approved the lease agreement with the Port of Richmond to take over operations at the James River port and thereby unify all container cargo terminal

Maersk Line is pulling out of Gioia Tauro, dealing a major blow to the troubled southern Italian port’s role as the Mediterranean’s leading ocean container transshipment hub.

Hamburg Sud and Maersk Line plan once again to bring back a second sling to their joint Asia – South Africa/South America East Coast Service, which they cut back to one sling for the 2010-2011 s

CMA CGM is said to be negotiating the sale of a 49 percent stake in its Malta container terminal to Turkey’s Yildirim Group, a minority shareholder in the French ocean carrier.

Zim Integrated Shipping Services announced a sharply lower first quarter operating loss of $24 million against $83 million a year ago, driven by higher freight rates and increased cargo volumes.

Matson Navigation says the trans-Pacific service the carrier began five years ago has proven a successful expansion beyond Matson’s comfortable Jones Act trade and that it will maintain its comm

U.S. domestic maritime carriers must continually remind Congress of the ongoing benefits of the Jones Act protections for the business, Matson Navigation President

Grand China Shipping, which launched its first trans-Pacific service in March, is splitting that service into two strings, effectively doubling its capacity in the U.S.-Asia trade.

The sale of TUI's stake in Hapag-Lloyd is delayed as bidders take extra time to go through the books at the container shipping group, according two people familiar with the matter who were quoted by R

The Port of Houston Authority hired high-profile defense attorney Rusty Hardin to work as a liaison with the district attorney and county attorney as they investigate allegations against the organizat

U.S. private equity fund Oaktree Capital launched a new heavy-lift and project cargo carrier from the remains of Germany’s Beluga Shipping, which collapsed two months ago.

Maersk Line said Wednesday it is postponing by a month the implementation of the general rate increase that it planned to apply June 1 on Asia-North Europe trade lanes.

Trailer Bridge named Scott W. Fernandez as chief commercial officer today in place of the departing Adam E. Gawrysh Jr., who is leaving the company May 27.

CMA CGM will enlarge the capacity of three ships on order from 13,800 20-foot equivalent units to 16,000 TEUs, according to the carrier.

Hapag-Lloyd said it will apply a port congestion surcharge on all containerized cargo moving from Asia and Oceania to Bandar Abbas, Iran.

Costamare’s first quarter profit slipped 28 percent to $17.9 million from $24.7 million a year ago, but the NYSE-listed container ship owner said it is

Deliveries of container ships are set to hit a record high in 2013, driven by a surge of orders in the past year that has revived fears of overcapacity in container shipping markets, according to ship

Japanese logistics operator Sumitomo Warehouse Co. says it is in advanced negotiations to acquire Weyerhauser’s wholly-owned ocean vessel subsidiary, Westwood Shipping Lines.

The Coast Guard reopened a nine-mile section of the Mississippi River at Baton Rouge, La., that was closed Friday when three barges sank amid high water and fast currents.

“K” Line announced a series of changes in the responsibilities of its executive management team at its board meeting on May 20.

OOCL is changing the leadership at the container line’s trade management group effective June 13.

Maersk Line, extending its environmental initiatives to equipment, will phase out the purchase of containers with floors made of uncertified tropical hardwood this year in a bid to reduce demand for i

Poti port in the Republic of Georgia isn’t one of Europe’s major container gateways.

As go consumers, so go U.S. imports.

California’s largest container ports are working hard to protect their market share in the trans-Pacific trade, but their toughest challenge isn’t competition from other ports.

Textainer Group Holdings President and CEO John A. Maccarone will step down at the end of this year and Executive Vice President Philip K.

CMA CGM will add a call at Greece’s Port of Piraeus this month to its Epic service from North Europe to the Indian subcontinent and the Middle East.

Evergreen Group ordered 10 new containerships with capacities of 8,000 20-foot equivalent units from China Shipbuilding Corp.

Interlake Steamship Co. says it will christen one of its vessels in honor of Rep. James L. Oberstar, D-Minn., the former chairman of the House Transportation and Infrastructure.