Container Shipping News

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.

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

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.

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

CMA CGM thinks the supply of vessel capacity on the trans-Pacific this year needs to be expanded to meet growing demand in both directions, so it and its

APM Terminals March 1 announced a $1 billion investment in a container port in Costa Rica.

Trade using surface transportation between the U.S. and Canada and Mexico posted a year-to-year gain of 13.8 percent to $66.5 million in December, the Transportation Department reported.

Maersk Line plans to enhance its trans-Pacific service network at the end of May by expanding port coverage to the Yangtze River and other outlying cities.

Econocaribe Consolidators, a Miami-based non-vessel-owning common carrier, is joining INTTRA, the e-commerce platform established by 30 shipping lines for cargo booking.

Kuehne+Nagel reported 2010 net profit grew 28.7 percent from the previous year on sharply higher ocean and air freight volumes and gave an upbeat assessment of prospects for 2011.

U.S. steel imports increased month-to-month 9.4 percent in January from December, according to preliminary government data.

NYK Logistics (Americas) announced Monday that Michael Noone is joining the company as chief operations officer on March 1.

Ocean container carriers are losing money on key trade lanes, including the Asia-Europe route, as margins come under increasing pressure from rising fuel prices and weakening freight rates, according

Mississippi engine importer PowerTrain and its Wood Sales Company and Tool Mart operations will pay a $2 million civil penalty to settle federal claims that it sold nearly 80,000 non-road engines and

Maersk Line launched a new weekly service this month linking ports on the U.S. East Coast with Peru and Ecuador.

German ocean carrier Hapag-Lloyd, which came close to collapse during the container shipping slump, earned a record $1.25 billion in 2010 compared with a year earlier loss of $142 million as the globa

Maersk Line’s recent order for 10 ships with capacities of 18,000 20-foot equivalent units apiece cements its position as the world’s largest container line, according to Alphaliner.

The South Carolina State Ports Authority said it has moved Charleston's roll-on, roll-off cargo-handling to the Columbus Street Terminal, which has been undergoing a $21.7-million expansion designed t

In two decades as a shipper and a motor carrier, Craig Dickman grew increasingly dissatisfied with what he calls the “black box” of diesel fuel surcharges.