Container Shipping News

Container volume at the ports of Los Angeles and Long Beach increased modestly in February compared to last year, with the Chinese New Year celebration taking a toll on imports from Asia.

Shipping lines suspended service to three Japanese ports that were hit by Friday's tsunami but continue to serve six other ports where rol

The volume of containers handled by major ports in India grew 11 percent year-over-year in the April-February period, the Indian Ports Association said in a statement.

Wallenius Wilhelmsen Logistics opened a processing center at the Port of Galveston, Texas, for storage and processing of heavy construction, agricultural and mining equipment.

The earthquake and tsunami that killed thousands of people in Japan also disrupted the nation’s automobile industry and will affect supply chains worldwide, IHS Automotive said.

UPDATED 4:34 PM GMT

Members of the ALAN logistics aid network are on alert to provide relief services to the region of Japan devastated by the earthquake and tsunami as the country's needs become clearer in coming days.

CSX Transportation set new export coal rates as of April 1 that are higher than expected, said an industry research firm, in a short-term tariff that could permit more rate hikes in the third quarter.

Orient Overseas Container Line reported a profit of $841.6 million last year, after a loss of $376.9 million in 2009 and said it expects supply and demand to be near balance this year.

Japanese ports and airports suffered minor damage in the devastating earthquake and tsunami that hit the northeastern par

The Consumer Product Safety Commission is trying to put a friendlier face on its new regulatory powers.

Alberto Aleman Zubieta had no illusions about what he was facing when he presided over the Panama Canal’s transition from U.S. jurisdiction to Panamanian control at the end of 1999.

It took years for ocean carriers to follow through on their desire to get out of the chassis business. Now it may take the rest of the industry years to find a new model that works.

Sitting on the sidelines at The Journal of Commerce’s Trans-Pacific Maritime Conference, two shippers said their solution to the troubling questions over services and rates sounded simple but wa

The massive earthquake that struck Japan on Friday closed all ports and airports there, and coastal regions across the entire Pacific Ocean were blanketed with tsunami warnings and bracing for the imp

The U.S.

UPDATED MARCH 11 AT 4:55 P.M. EST

Horizon Lines said its lenders agreed to cancel a default triggered by the company's guilty plea to price-fixing in the Puerto Rico trade and to relax loan covenants.

OOCL and Yang Ming plan to expand the port coverage of their joint China-Pakistan Express service and launch a new service on the trade lane.

Mediterranean Shipping Co.

Container volumes moving through the Panama Canal will certainly increase when the canal is enlarged in 2014, but that does not necessarily mean West Coast ports will lose market share simply because

The Justice Department said it allowed Horizon Lines to pay a back-loaded $45 million fine for price fixing in the Puerto Rico trade because a stiffer penalty would have threatened the carrier's viabi

The three carrier members of the Grand Alliance plan to overhaul their trans-Pacific services to the U.S. West Coast in advance of the peak season.

The port of Rotterdam said container traffic with Russia surged 40 percent in 2010 from the previous year, sharply narrowing the gap with Hamburg, the market leader in Baltic feeder traffic.

Clarksons, the world's largest ship broker, reported 2010 profit grew 44 percent from a year ago as shipping markets benefited from a "slow but emerging recovery" in global trade.

Mediterranean Shipping Co. plans to raise freight rates for cargo moving westbound from Italy, Spain, Portugal, the south of France and Israel to the U.S. as of April 1.

President Obama named Commerce Secretary Gary Locke to be the next U.S.

Hong Kong Port container volume grew 5.7 percent in January, a much slower growth rate than the average for 2010, indicating the massive recovery is gradually running out of steam.

Hanjin Shipping, CNC Line and KMTC Line are teaming up to launch an intra-Asia service connecting Japan and Indonesia later this month.

Marine terminal operators keep close tabs on dockside crane productivity because it is the most critical factor in their profitability, a terminal executive told the Journal of Commerce’s

Panalpina boosted 2010 net revenue 20 percent from the previous year to $7.7 billion, driven by double digit growth in ocean container and air freight traffic.

Ship lines, truckers, leasing companies and other interests are still trying to decide how to fill the void left by ocean carriers that are ending their practice of providing U.S.

Several shippers that have diversified their U.S.

Suspected Somali pirates tried to seize the Maersk Alabama again on Tuesday in the third attempt to hijack it in three years.

The Government Accountability Office is raising concerns about the security of goods with civilian and military applications through "deemed exports" to foreign nationals.

Long Beach, Calif. – The head of the longshore labor union in Portland, Ore., said Tuesday he will work in “partnership” with a new terminal operator to improve productivity at the Port of Portland.

Cargo volume at major ports in India grew a mere 1.2 percent from April through February compared with a year earlier, according to preliminary traffic figures released by the Indian Ports Association

Global Ship Lease, the NYSE-listed container shipowner, slumped to a net loss of $4 million in 2010 from a $42.2 million profit in 2009 as revenue grew 7 percent to a record $158.8 million.

Maersk Line is extending its program to cut sulfur emissions on its services to New Zealand.

Hapag-Lloyd and Regional Container Lines plan to launch a new weekly joint service from China and South Korea to Sri Lanka, India and Pakistan, starting at the beginning of April.