Container Shipping News

It’s a strange anomaly that in this environmentally conscious, time-is-critical age when most trade processing is handled by computer, vessel operators still file manifests for ships leaving U.S

Ocean World Lines, a subsidiary of Pacer International, says it has a new program to help U.S. apple growers increase exports and meet increasing overseas demand.

Embattled Horizon Lines says it is facing a “challenging” year for its operations even after dodging a debt default and bankruptcy filing thanks to a timely assist from the Justice Departm

Maersk Line in April imposed general rate increases and reefer charges on several trades in reaction to what it says is a “severe shortage of reefer containers during the reefer season.”

China’s demand for bulk commodities has determined the fundamental trend of the dry bulk shipping market.

Container lessor Textainer reported higher first quarter profit and said it invested $506.5 million on new dry and refrigerated containers to be delivered during the first half of this year.

Container ship owner-charterer Danaos reported a profit of $5.4 million in the first quarter, according to the company.

Growth during the 2010 trade and economic recovery was rapid at ports up and down the North American coasts, but even the fastest-growing ports in the U.S.

Like the bottom lines of ocean carriers that mostly returned to the black, volume at most of the Top 25 North American ports turned positive last year as the global container trade rebounded from the

Diana Containerships, a majority-owned subsidiary of the Greek dry bulk shipowner Diana Shipping, posted first quarter profit of $256,829, reversing a loss of $236,682 in the first quarter of 2010.

CMA CGM will start a new service linking Asia, Indian Ocean Islands and South Africa on Sunday May 8.

Container traffic through India’s Port of Jawaharlal Nehru (Nhava Sheva) fell 3 percent year-over-year in April, the first month of fiscal 2011-12, according to latest traffic figures released b

The volume of containers handled by the Port of Wilmington, N.C.

Pirates seized a bulk cargo carrier with 24 Chinese crew members and damaged a container ship owned by Evergreen Marine’s Italia Marittima in separate incidents Thursday in the Arabian Sea.

China Shipping Container Lines and United Arab Shipping Company entered a slot swap agreement for their services operating on Asia-Europe trade routes.

Retailers reported strong April sales that were boosted by pre-Easter sales but tempered by bad weather and signs that rising gasoline

Drewry Shipping Consultants and Cleartrade Exchange on Thursday unveiled a global index of freight rates they said can be used by physical and derivative market participants to manage freight risk.&nb

Pacific International Lines is expanding its China Transpacific service to connect Long Beach with ports in Australia and New Zealand.

Container ship owner-charterer Seaspan reported first quarter profit of $50.5 million as its expanded fleet pushed revenue up 50 percent from a year earlier.

United Arab Shipping Company will implement a peak-season surcharge for all cargo shipped from Asia to the U.S. East Coast.

The Trans-Pacific Maritime conference, The Journal of Commerce’s largest event of year, will be held on March 4-6, 2012, and March 3-5, 2013, in Long Beach, Calif.

The Danish administrator appointed to oversee The Containership Co.’s financial restructuring is asking the defunct trans-Pacific line’s former customers to pay their obligations under min

Canadian longshoremen ratified a watershed contract that should guarantee labor peace at the country’s Pacific Coast ports for eight years.

Tropical Shipping’s first quarter operating loss widened to $1.2 million from $500,000 a year earlier as shipping volume for the carrier’s Bahamas and Caribbean services declined 9.6 perce

Project and heavy-lift specialist Rickmers-Linie said it is adding four ships to its India-Europe service to take advantage of an expanding market.

Panalpina Group reported double-digit growth in profit during the first quarter and said it expects air and ocean freight markets to rise 5 to 7 percent this year.

Matson Navigation swung to an operating loss of $7.4 million in the first quarter ended March 31 from a profit of $10.4 million in the same quarter a year earlier, as soaring fuel prices ate up the in

The Drewry Container Rate Benchmark for eastbound trans-Pacific shipping climbed 8.9 percent in the week ending Monday, the second week-to-week increase in the last three weeks.

The number of idle container ships is at a 30-month low, with only 71 ships recorded as unemployed, according to a survey of the container fleet by Alphaliner last week.

U.S. containerized imports fell 2.5 percent in March, the first year-to-year decline in 16 months, as a weak housing market contributed to a drop in imports from Asia.

Japan's steel exports increased for the second consecutive month in March, topping February’s total by 10.1 percent.

APL’s container shipping volume gained 12 percent year-over-year in the four weeks that ended April 8, but average revenue per container slipped, parent company Neptune Orient Lines said.

Somali pirates released the Sinar Kudus, an Indonesian-flag multipurpose vessel, and its 20 crew members on Sunday after 46 days in captivity, according to Navfor, the EU anti-piracy naval force.

The Ocean Carrier Equipment Management Association is launching a Chassis Provisioning Information section on the OCEMA Web site to help shippers understand the changes that ocean carriers are making

U.S. steel imports totaled 2.445 million tons in March, up 32.5 percent from February's weak levels and up 19.1 percent from a year earlier, government data show.

U.S. manufacturing expanded for the fourth consecutive month in April, according to a widely watched index that showed robust exports and an uptick in inventories.

Carriers and ports notched up their security programs Monday morning following the announcement that U.

Hanjin Shipping took delivery of the fourth in a series of five container ships with capacities of 10,000 20-foot equivalent units.

Horizon Lines said its onetime parent, CSX, agreed to a $3 million annual reduction in charter rates on three ships Horizon leases from CSX.

The maritime shipping world as many in the United States see it can be divided into two parts, one under the jurisdiction of the Jones Act, and everything else.