Container Shipping News

APM Terminals is considering investing in a new Baltic Sea port in the Kaliningrad region of Russia, according to Russian government press material.

The hard-fought reform of French ports takes effect next week amid optimism the nation’s container hubs can win back traffic lost to foreign rivals during years of industrial unrest.

Emirates Shipping Line will join Hyundai Merchant Marine and STX Pan Ocean in the NIS intra-Asia service, which links Korea, China, Vietnam, Singapore and Indonesia.

Record deliveries of container ships in the next few months likely will add further down pressure on ocean freight rates and reverse the rally in vessel charter rates, according to Alphaliner.

Sea Star Line and Crowley Maritime will proceed with their parts of a settlement in which they and Horizon Lines agreed to pay shippers a total of $52.25 million to settle allegations of price-fixing

TBB Global Logistics said it will offer container freight swap agreements through an agreement with ICAP Logistics, a broker for the freight-futures contracts.

A federal judge in Atlanta on April 15 issued a preliminary injunction to curtail operations by Savannah-based freight forwarder Indigo Logistics.

The world’s largest roll-on, roll-off vessel, the Tonsberg, called at Georgia’s Port of Brunswick Monday with a load of heavy-lift project cargo.

Milwaukee-based shipper Johnson Controls said it expects to take a $500 million hit on revenue during its April-June quarter from automotive manufacturing disruptions in Japan and at Japanese original

United Arab Shipping Company announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, the second GRI this year.

Ron Widdows, a prominent leader of the global container industry, will retire as group president and chief executive officer of Neptune Orient Lines, NOL Group announced Monday.

A five-day-old trucker strike at the Port of Shanghai eased significantly over the weekend following intervention by the mayor and a series of concessions offered to drivers, including a rollback of f

Labor activists in Northern California will hold a rally Monday in front of the Pacific Maritime Association headquarters in San Francisco to protest a court action earlier this month that was initiat

Japan will conduct radiation checks on ships and containers leaving three main international ports in and near Tokyo beginning April 28, the Ministry of Land, Infrastructure, Transport and Tourism ann

The container volume handled by the Port of Charleston increased 5.7 percent in March from a year earlier even though volume growth slowed from the 7 percent pace recorded in February.

The Port of Rotterdam Authority detected no radiation above prescribed standards on five vessels that left Japan after March 14

Chinese truck drivers are striking this week in Shanghai due to rising fuel costs and increased fees charged by private warehouse operators.

TUI, co-owner of Hapag-Lloyd, asked Chinese group HNA and Oman's Onyx Investments to make binding bids for a stake in the shipping group by late May, three people close to the process told Reuters.

Eurogate, Europe's largest container terminal operator, increased 2010 net income 28.9 percent from a year ago to $89.3 million, as revenue grew just 1.4 percent to $870 million.

A South Korean naval ship Thursday rescued a Hanjin Shipping container ship that had been attacked by pirates in the Indian Ocean.

Canada's West Coast port of Prince Rupert will add two new weekly trans-Pacific services in May, one by China Ocean Shipping Co. and the other by Hanjin Shipping.

Spot freight rates on the trans-Pacific broke a 16-week downturn this week, as the Drewry benchmark for shipping a 40-foot equivalent container from Hong Kong to Los Angeles increased 6 percent from t

The volume of containers handled by the Port of Savannah increased 4.5 percent in March from the same month last year, at the same time as the number of roll-on, roll-off units passing through the Por

The March 11 earthquake and tsunami that hit northeastern Japan disrupted trade as much as they ravaged the countryside.

U.S. Trade Representative Ron Kirk said the free-trade agreement between the U.S. and Panama is ready to be considered by Congress after Panama took actions sought by the Obama administration.

All marine terminals in the Port of New York and New Jersey will be closed Friday, April 22 because of the Good Friday holiday observed by the International Longshoremen's Association, said the

Evergreen Line, Wan Hai Line and Interasia Lines will launch a new weekly Taiwan-Madras Trunk service starting April 29 from the port of Taichung in Taiwan.

India’s exports reached an all-time high in fiscal 2010-11 ending March 31, surging about 37.5 percent year-over-year, the Commerce Ministry said Tuesday.

Horizon Lines, trying to rebuild after taking a major hit to its finances and management, named William A. Hamlin to the position of senior vice president of operations.

OOCL's total revenue increased 17.2 percent to $1.329 billion in the first quarter from $1.134 billion in the same quarter last year, its parent company OOIL said Tuesday.

Ocean container carriers earned an estimated $14 billion in 2010, the most profitable year in the industry's history, almost cancelling the aggregate operating loss of $15 billion in 2009.

Japanese automakers will measure the radiation levels of their vehicles in a bid to dispel concerns about safety.

China Shipping Container Line on Monday completed the first phase of an expansion project at its Los Angeles terminal, demonstrating to elected officials and the neighboring community that a marine te

Maritime piracy costs the global shipping industry anywhere from $3.5 billion to upwards of $8 billion a year, according to Ron Widdows, group president of Neptune Orient Lines and chairman of the Wor

The battle over 100 percent scanning of U.S.-bound ocean containers is taking another sharp turn in a partisan skirmish over maritime security.

Somali pirates released the MV Asphalt Venture, a Panama-flag oil tanker, after almost seven months of captivity but later reneged on their agreement to free the entire 15-member crew, all Indian.

Ocean freight forwarder CaroTrans opened an office in Santiago, Chile, to support expansion in South America.

CMA CGM announced a range of rate increases and surcharges across its global liner network aimed at restoring revenue. Rate news from JOC:

Rickmers Maritime Trust reported first quarter net income increased 72 percent from a year ago to $9.3 million, driven mainly by cash flow gains on interest rate movements.

To get a sense of the scale of the world’s largest commercial container ships, it may help to stand in New York’s Times Square.