Container Shipping News

Egyptian ports were closed or operating at sharply reduced capacity amid a seventh day of anti-government protests Monday, but the Suez Canal remained open for transits.

NYK Line’s net profit jumped more than tenfold in the Japanese shipping company’s October-December fiscal third quarter as improved container shipping results offset higher fuel costs and soft bulk ma

Finland-based Cargotec said it will acquire Navis from Zebra Technologies for about $190 million.

A Cyprus-registered container vessel collided with an Indian naval warship off the Mumbai harbor Sunday. No injuries or oil spill were reported.

The Christmas list keeps getting longer.

Florida is something of a bystander when it comes to handling container trade with Asia, but the state’s business community wants that to change.

The Indian Navy and Coast Guard destroyed a pirate mother ship, the Prantalay, that had been used to attack a CMA CGM vessel in the South Arabian Sea and arrested 15 pira

Orders for new container ships are returning to normal levels this year as orders decline 21 percent over the last year, according to a new report by BIMCO, an independent shipping association based i

The Indian Coast Guard foiled an attempted pirate attack Friday by two skiffs that were closing in on a CMA CGM container ship in the Arabian Sea about 300 miles off the coast of southern India.

The Suez Canal remained open Friday as riots against Egyptian President Hosni Mubarak spread across Egypt, raising concerns the protests could disrupt oil transport and other shipping.

Maersk Line refuted a report Friday that it stopped handling cocoa exports from Ivory Coast and is not taking new orders for imports in to the country.

Jacques Saade returned to the position of chief executive of CMA CGM as Turkish investors injected $500 million into the French ocean container carrier.

Hanjin Shipping swung into the black in 2010, riding higher demand and stronger freight rates to a $229 million net profit after losing $1.1 billion 2009.

UBM Global Trade, the parent of The Journal of Commerce, will launch a container slot e-marketplace this month called JOC Exchange that will use intelligent online technology to enable the buying and

OOCL's revenue jumped 41.9 percent to $1.5 billion in the fourth quarter on strong gains in demand and pricing, parent OOIL said Wednesday.

The Federal Maritime Commission on Wednesday closed the book on a 16-year-old proceeding that once threatened a trade war between the U.S. and Japan.

Port Metro Vancouver handled a record volume of 2.5 million 20-foot equivalent units of containers in 2010, a 17 percent increase from the previous year.

The volume of containers handled by India’s Port of Mumbai climbed 35 percent year-over-year in the nine months ending Dec. 31, the port authority said in a statement.

Japan's trade surplus with the rest of the world expanded for the second consecutive year in 2010, widening 153.4 percent to $82.56 billion, as exports grew faster than imports, according to prelimina

More than 300 barges are still trapped on the River Rhine in Germany more than two weeks after a ship carrying 2

Infrastructure remains a challenge for ship lines, says Juergen Pump, senior vice president of Hamburg Sud North America.

Port Corpus Christi passed an important hurdle Wednesday in its quest to move ahead with the huge Las Brisas electric generating plant that Chase Energy plans to build at the Texas port.

The Federal Maritime Commission is stepping up its attention to ocean carrier practices, voting Wednesday to launch a formal inquiry into slow steaming.

The global container market may grow by more than 8 percent this year, according to A.P. Moller-Maersk CEO Nils Smedegaard Andersen.

French dockers and port workers will stage a four-day nationwide strike on Friday, Jan.

Horizon Lines says the eastbound trans-Pacific service it launched in December is providing 15-day transits from Shanghai to Kansas City through Los Angeles.

Korea Line filed for a court receivership on Tuesday in the wake of losses caused by the global oversupply of bulk vessels and low freight rates.

Container volume increased to 343,366 20-foot equivalent units in 2010, a 29.5 percent increase over 2009, at the three-year-old container port of Prince Rupert in remote northern British Columbia.

Rule changes proposed by the Census Bureau would severely limit post-departure electronic export declarations. Only a limited number of agricultural and bulk commodities would be eligible.

Vietnam's Cai Mep International Terminal took delivery of the first two of six super post-Panamax ship-to-shore cranes that will enable it to handle the largest container vessels.

DP World reported container traffic rose 14 percent in 2010 from the previous year to an all time high of almost 50 million 20-foot equivalent units as world trade recovered from the global economic r

French ports Jan.

The Jacksonville Port Authority is delaying for as long as two years construction of the new container terminal it will build in North Jacksonville for Hanjin Shipping.

Hamburg Sud North America, joining the push by ocean carrier to narrow equipment services, said Monday it will stop providing chassis to shippers moving containers with merchant's haulage through Phil

The six members of the Caribbean Shipowners Association will hike their bunker surcharge on containerized cargo as of Feb. 27.

Container volumes across Europe ended the year on a high note with estimates for November 2010 reaching just over 3 million 20-foot equivalent units of containers and for 2011 growth in the high singl

Container shipowner Costamare completed financing for a $285 million contract to buy three vessels of 9,000 20-foot equivalent units capacity to be built in China.

The volume of containers moving through the Port of Savannah in calendar year 2010 increased almost 20 percent to a record 2,826,308 20-foot equivalent units, the Georgia Ports Authority said Monday.

Container ship charter rates are edging higher as ocean carriers compete for a limited volume of available tonnage to keep pace with strong cargo demand on key trade routes.

A.P. Moller-Maersk is targeting emerging markets as a growth area for its business in 2011.