Container Shipping News

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

Neptune Orient Lines confirmed Monday contracts with two Korean shipyeards to build 12 container vessels, including 10 of its largest and most efficient vessels.

Container volume at APL rose 7 percent in the four weeks ending June 3 over the same period last year, but parent Neptune Orient Lines said average revenue per container fell 8 percent in a weak envir

Marine terminal operators at the Los Angeles and Long Beach ports are delaying a $10 per-container TEU increa

After steady growth earlier in the year, container shipping demand from Asia to the United States tailed off in June, according to a Maersk Line executive.

When Maersk Line CEO Eivind Kolding this month issued his provocative call for radical changes in the way the global container industry operates, one of his three main points was the need for containe

When Hurricane Katrina barreled into Gulfport in August 2005, the 24-foot surge all but destroyed the Mississippi port’s container and bulk terminals, decimating 700,000 square feet of warehouse

Horizon Lines said its banks agreed to relax their financial covenants under the carrier’s revolving credit facility, preserving the carrier’s access to liquidity while its refinancing eff

The California Air Resources Board is extending the zone in which vessel operators in Southern California must burn low-sulfur fuel, a move that satisfies U.S.

Global Ports raised $534 million from an initial public offering in London valuing Russia’s biggest container terminal operator at $2.35 billion.

Freight costs on shipments from India to West Africa will go up substantially effective July 1 following a

Ocean carriers are moving toward space and volume guarantees in agreements with shippers that include fees on both shippers and carriers if either side fails to meet the commitments spelled out in the

APL, in a strong move toward appeasing a primary concern among shippers, will introduce a new fuel surcharge formula on the trans-Pacific trade to reflect the financial impact of slow-steaming.

Maersk Line is planning to charge its customers a fee for booked containers that fail to appear at the port of departure, and plans to compensate customers for booked containers that it fails to load

European Union trust busters launched an investigation into whether a $322 million rescue of French shipping company SeaFrance by state-owned railway SNCF breached state aid rules.