Container Shipping News

CSAV, CMA CGM and China Shipping are teaming up to launch a new weekly service with two slings between the East Coast of South America, South Africa and Asia.

Safmarine is bringing back its seasonal SAECS Reefer Express service, first launched three years ago to provide extra capacity during the South African peak fruit season.

Box Ships, a New York Stock Exchange-listed container ship owner based in Greece, said Thursday it took delivery of two more containerships of the six vessels that make up its initial fleet.

Container shipping volume will grow at double digits through 2012 but rising fuel, vessel charter and shipbuilding costs may weaken carrier profits in the coming months, consultant Philippe Hoehlinger

The Port of Boston will start handling its first calls by a container service from Asia that transits the Suez Canal later this month.

The Singapore-based parent of APL, the world’s seventh-largest container line, is investing $25.8 million in a joint venture to operate a two-berth container terminal at the Port of Qingdao that

Hamburg boosted first quarter container traffic 18.2 percent from a year ago, regaining market share from its slower growing rivals Antwerp

European Union antitrust officials raided the European offices of a number of Asian carriers on Tuesday in addition to European shipping lines as part of a probe into suspected price fixing in the sec

Rotterdam risks losing its lead as Europe’s biggest container port over Antwerp and Hamburg without a multi-billion dollar investment to improve congested access roads, the head of the port warn

The prospects for deepening the Port of Charleston’s harbor beyond its present 45 feet depth took a step forward Tuesday when the U.S.

UPDATED 12:20 p.m. EST

Container throughput in the Port of Charleston increased 10 percent in the first 10 months of fiscal 2011, from July through April.

GT Nexus, an Internet-based portal for electronic cargo bookings, is suing e-commerce competitor INTTRA in a dispute over patents on different aspects of container booking system process.

A 15-mile stretch of the Mississippi River near Natchez, Miss., is closed to barge traffic, severing a busy route for shipments of grain and other cargoes.

The Food and Drug Administration lacks the resources, procedures, criteria and standards to manage the safety of imported seafood, the General Accountability Office reported on Monday.

The financial performance of ocean carriers will deteriorate in the second quarter as falling freight rates and rising operating costs hit shipping companies’ bottom lines, according to a

United Arab Shipping Company announced an increase in its emergency risk surcharges on containers moving through the pirate-infested waters of the Gulf of Aden and the Indian Ocean.

Spanish terminal operator Grup TCB officially inaugurated its new container terminal, TCBuen, in ceremonies in Buenaventura, Colombia.

Shippers and carriers can expect container supplies to remain tight this year as the industry tries to catch up from box manufacturers’ lost year of 2009, the World Shipping Council said.

Steel exports rose 5 percent to 3.14 million tons in the first quarter as March volume rebounded from weak February totals, government data show.

Georgia Gov. Nathan Deal on Monday endorsed construction of an estimated $140 million highway that would link the Port of Savannah more directly to interstate trucking routes.

If conversation were currency, freight rate derivatives would be trading on a rich exchange. But when a small U.S.

The Port of Savannah posted its second highest monthly volume ever in April when it handled 260,035 20-foot equivalent units, an increase of 8.5 percent from April 2010.

DFDS, Europe’s largest short sea shipping company, returned to profit in 2010 on strong cargo growth on its core Baltic Sea routes.

Fesco, owner of Russia’s largest ocean container carrier, swung to a $456 million net profit in 2010 from a year-earlier net loss of $233 million, largely due to the gain on the sale of a stake

Cosco Container Lines announced a war-risk surcharge on all shipments from the Far East and the Indian subcontinent to ports in Libya.

A new Japanese government report is charging the country suffers from unfair practices by its trading partners, including 38 policies and measures taken by the United States.

Moffatt & Nichol economist Walter Kemmsies calls exports the “unspoken hero” of the U.S. economic recovery, and they may well drive the country’s next growth cycle.

The Shanghai Shipping Exchange says “general derogatory remarks” about the exchange and Shanghai Containerized Freight Index suggest the operation is misunderstood in the West.

Rising competition for China’s apparel and footwear manufacturers is showing up in U.S. containerized imports.

Trailer Bridge reported a first quarter net loss of $10.4 million, compared with $300,000 a year earlier, and said its efforts to refinance $82.5 million in bonds due in November “may include an

The number of grain barges unloading at New Orleans in recent weeks has dropped 14 percent from average levels for this time of year, the U.S.

Combined imports and exports at Los Angeles and Long Beach, the busiest U.S. container ports, rose 7.2 percent in April from a year earlier, led by a 7.8 percent gain in exports.

Kirby Corp., a major U.S.

Volkswagen will import auto parts for its new manufacturing plant in Chattanooga, Tenn., through the Port of Savannah, the Georgia Ports Authority said.

United Arab Shipping Company expanded its Asia-Europe Service 1 with a direct call at Jebel Ali, a major transshipment hub in the Middle East.

Growth in import cargo volume at the U.S.’s 10 busiest container ports is expected to level off until the annual peak season begins in August, the National Retail Federation and Hackett Associat

The Federal Maritime Commission wants to learn more about the nascent container freight index and derivatives markets. Chairman Richard A.

The Coast Guard, bracing as Mississippi River floodwaters spread south, was preparing Friday to restrict vessel traffic at the Port of New Orleans if the river rises another half-foot at the city, but

Tay Yoshitani believes that each port is unique, and the role of the chief executive is to ascertain a port’s strengths and build upon them.