Container Shipping News

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.

DP World is selling its remaining stake in container services company P&O Trans-Australia to co-shareholder Qube Logistics for $111 million.

Kuehne + Nagel boosted first quarter net income almost 18 percent from a year ago as it gained market share in all business units.

Shipping industry observers are raising alarms that the strong turnaround in container line profitability over the past year may be reversing course.

While East and Gulf coast ports deepen their harbors and expand container terminals to prepare for the mega-ships expected to call when the Panama Canal is enlarged in 2014, the challenge for West Coa

When mega-ships disgorge containers at U.S. ports, will mega-trucks haul them away?

Legislation to exempt domestic shipping from the Harbor Maintenance Tax made its debut on Thursday in the 112th Congress.

U.S. steel exports fell 10.2 percent in February from January, mostly due to poor weather conditions and a shorter month, government reports said this week.

Mediterranean Shipping Company plans to apply a general rate increase on the Far East-Asia-Indian subcontinent trade lane as well as to the Far East-Asia-Canada lane.

U.S.

First-quarter container throughput at the port of Antwerp climbed 7.9 percent from the same quarter last year, as its terminal handled a record volume of 2.17 million 20-foot-equivalent units, compare

Two seamen were knocked overboard and drowned on Thursday when the UK-flag container ship OOCL Finland collided with the Russian-flag freighter Tyumen-2 on the Kiel Canal in Germany.

OOCL said it is scanning all vessels it owns or charters for radiation before they depart from the Kanto ports of Tokyo and Yokohama to protect its crew members and to mitigate the risk of radiation s

The Westbound Transpacific Stabilization Agreement, a discussion group of 10 ocean carriers in the trade, published the checklist in order to improve clarity in the contracting process and minimize th

A Greek shipping company and three others agreed to a $1 million penalty and banishment from U.S.

The U.S. trade deficit narrowed 2.6 percent in February, the first decline in four months, but both imports and exports fell from the month before, the Commerce Department reported Thursday.