Container Shipping News

Ocean carriers face a shortage of containers in the coming months as production of boxes lags growing cargo capacity, according to Alphaliner.

Container shipping lines and shippers would benefit if carriers could share information in ways barred by the European Union, the chairman of Orient Overseas Container Line's parent company told the J

Shipping lines that carry U.S. exports to Asia face the paradox of declining freight rates even as cargo volume remains quite strong.

LONG BEACH, Calif.--The supply of vessel capacity and demand for space on the trans-Pacific will be so close this year it could tip in either direction, toward oversupply and lower freight rates or ti

Forth Ports received a conditional takeover offer from its largest shareholder that values the UK's only listed port operator at $1.2 billion.

OOCL is planning to place an order "soon" for a number of big new container ships that will probably be in the ranges of ships capable of carrying 13,000 20-foot equivalent units.

State-owned Shipping Corporation of India plans to acquire 110 vessels at a total estimated cost of $6 billion over the next 10 years, Indian Shipping Minister G.K. Vasan said Monday in New Delhi.

The National Retail Federation is projecting an 11 percent increase in March for containerized shipments over March 2010.

Container volume at Neptune Orient Lines, parent of APL, declined 18.5 percent in the first six weeks of 2011 compared to the last period of 2010 but the ocean carrier saw average revenue per box grow

International Container Terminal Services won a 30-year concession to manage, operate and develop a container terminal in Rijeka, Croatia's biggest port.

The trans-Pacific container shipping market showed the strongest growth among major trade lanes during a year of recovery in 2010, a major reason overall U.S.

With container supply and demand out of whack, trans-Pacific shippers may face spot shortages of boxes during this year’s peak season for U.S. imports.

Growing carrier competition will pressure container freight rates between the U.S.

Canada’s two Pacific Coast ports have an aggressive growth strategy focused on two markets, but neither of those markets happen to be in Canada.

A guilty plea to a felony antitrust charge. A $45 million criminal fine. A management shakeup including the CEO’s retirement. To put it mildly, Feb.

Amid the many troubling reports for Australian exporters during the heavy storms that caused devastating flooding, three dozen deaths in three months and paralyzed the nation’s coal industry was

During his first speech as the new chairman of the Federal Maritime Commission, Richard A. Lidinsky Jr. says he noticed a member of the audience who kept looking through the printed program.

Carriers and shippers face myriad challenges in Africa, including port congestion, infrastructure and bureaucracy, but privatization and public-private partnerships have improved the working of many p

Mediterranean Shipping Co. notified its customers that it is increasing freight rates on eastbound trans-Atlantic cargo as of April 1.

APM Terminals is converting more than 400 diesel driven rubber-tired gantry cranes across its global network of container terminals and inland depots to combined diesel-electric power to cut costs and

Anyone expecting slow-steaming to fade away this year hasn’t been following developments in the Middle East.

Prevailing forecasts of vessel overcapacity this year are wrong, says the chairman and CEO of Neptune Orient Lines, which owns APL.

The Port of Felixstowe met requirements for two certificates of quality in its policies and procedures.

Total container volume moving through the Port of New York and New Jersey climbed 16 percent in 2010, reaching 5,292,020 loaded and empty 20-foot equivalent units, compared to 4,561,527 TEUs in 2009,

TUI, the German tour operator that owns almost half of Hapag-Lloyd, sold part of its stake to the container line's other shareholder and said it may sell up to 30 percent through an initial public off

NYK Line (North America) named William F. Payne as its new president on Thursday.

Angolan authorities released a U.S.-flag vessel operated by Maersk Line Limited. The government had detained the ship Wednesday to investigate containers containing ammunition.

Horizon Lines reported a fourth quarter net loss from continuing operations of $46.4 million, including a $30 million charge covering part of a $45 million

Beluga Shipping will undertake a "comprehensive" financial restructuring, the Germany heavy-lift and project cargo carrier announced March 3.

Trailer Bridge named Roberto Lugo to the newly created position of general manager for Puerto Rico marketing, sales, and administration.

Hanjin Shipping will increase its freight rates on the Asia-Europe and trans-Atlantic trades as of April 1.

Average spot rates on a key trans-Pacific container route posted their third consecutive weekly decline and are 37.2 percent below their peak last August, Drewry Shipping Consultants reported.

The six member carriers of the U.S.-Australasia Discussion Agreement announced a general rate increase that will take effect on April 15.

Goldenport, the London-listed container ship and bulk carrier owner, said it will invest in both sectors as it unveiled narrower losses for 2010.

American Feeder Lines, which is seeking financing for a U.S.-flag coastal service, said it will launch weekly container ship service this spring between Halifax and the U.S.

Swedish manufacturer TTS Marine contracted to build and install roll-on, roll-off equipment to provide cargo access for four car carriers.

OOCL plans to stop providing chassis for import and export haulage at nine more U.S. cities as of May 1.

The CKYH Green Alliance of four Asian ocean container carriers is boosting capacity on Asia-North Europe routes with the addition of a new service.

U.S. West Coast ports started 2011 off with a bang, with total container volume in January up 13 percent over last January.

Container ship lines are poised to break a years-long pattern of vessel capacity expanding faster than cargo volume but only if they avoid another ship-ordering binge, Dynamar says in a report profili