Container Shipping News

Talks between dockworkers and port employers to resolve a dispute over early retirement entered a fourth day Feb. 18 as both sides seek to avert fresh nationwide strikes.

A.P.

Dredging of U.S.

U.S. manufacturing exports rose 20 percent last year, with the top 10 markets accounting for more than two-thirds of the increase, the Commerce Department reported.

Combined containerized imports through the ports of Los Angeles and Long Beach grew 13 percent in January over the same month a year ago, extending the strong recovery pace at the nation’s large

Costamare boosted fourth quarter 2010 earnings 56.5 percent from a year ago and said it is eyeing further ship acquisitions following a spate of deals worth nearly $600 million in recent months.

Maersk Line will launch service between southeast India and Sri Lanka and northern Europe in early March to tap into "one of the world's fastest growing sourcing areas for our customers."

Japanese investor Mitsui divested its entire stake in two container terminal operators in China.

The Cleveland-Cuyahoga Port Authority is shifting its plans from a freight-focused ferry service across Lake Erie to Canada to focus on passenger operations.

The sole surviving member of the Somali pirate crew who hijacked the U.S.-flag Maersk Alabama in 2009 was sentenced Wednesday in Federal District Court in Manhattan to 33 years and 9 months in prison.

The Federal Maritime approved rules Wednesday that would exempt non-vessel-operating common carriers from the legal requirement to use published tariffs as the basis for rate-making.

U.S. poultry exports declined 4.4 percent in volume but increased 0.2 percent in value last year despite trade frictions with Russia and China, the two largest markets for U.S.

Spot rates on a key trans-Pacific container route fell 2.4 percent last week from a year earlier - the first year-to-year drop since January 2010, Drewry Shipping Consultants reported.

U.S. steel exports jumped 29.3 percent to 12 million tons last year despite a 0.1 percent dip in December volume, government data show.

Trade moving through India’s Port of Cochin is at a complete standstill as the planned transfer of container activity from the port terminal to the new DP World facility hit a roadblock following labo

Norway's Wilh.

United Arab Shipping Company finalized a $302 million loan facility to finance the acquisition of three remaining container vessels of 13,100 20-foot equivalent units capacity.

Container traffic through Savannah posted a year-to-year gain of 5 percent in January while the port’s intermodal rail traffic posted its second-best month ever, with 25,877 moves.

DB Schenker is setting up a logistics center in Leipzig, Germany, to supply auto components to BMW car plants in China and South Africa in one of the company's largest ever projects.

APL’s parent company reported fourth quarter net earnings of $177 million, reversing last year’s losses and pushing 2010 net profit to $461 million, but warned of “uncertain” market conditions.

Mediterranean Shipping Co. announced new rate increases for U.S.

Owners of GE SeaCo, which operates the fifth-largest container leasing fleet, are seeking a sale that puts the company's enterprise value at about $2.5 billion, the Financial Times reported.

Japan and India will sign a free trade agreement Wednesday to eliminate import tariffs on most products traded between the two giant Asian economies, the Japanese government announced Tuesday.

Shipping on the river Rhine River in central Germany returned to normal Monday, Feb. 14.

French dockworkers and port employers Feb. 15 began negotiations aimed at resolving a dispute over pensions that has provoked rolling nationwide strikes since the beginning of the year.

Ocean container carriers will boost capacity between the Far East and the U.S.

Import cargo through the nation’s 10 busiest container ports is expected to increase 6 percent during the first half of this year, the National Retail Federation and Hackett Associates said in t

Container ship owner-charterer Rickmers Maritime reported a 31 percent increase in fourth quarter net profit and said it reduced its bank debt by 13.5 percent last year amid a strengthening container

New York state officials agreed to a 20-month delay of stringent rules governing discharge of ballast water from ships entering and exiting the Port of New York and New Jersey.

China is in negotiations over the construction of a rail link across Colombia to rival the Panama Canal.

When Charleston, S.C., Mayor Joe Riley got a few precious moments in front of President Obama at a U.S.

A year ago, Customs and Border Protection promised to take a new route to completing the Automated Commercial Environment.

American consumers are coming out of hibernation just in time for spring contract negotiations between trans-Pacific carriers and shippers.

A year after the trans-Pacific slack season turned into anything but that, harbor truckers in Southern California are bracing for the slowdowns that come at marine terminals operating with reduced gat

They are both good ol’ boys from the Southeast who returned to native ground after years afield to take on new jobs a little more than a year ago running the two biggest ports in the South Atlan

Trouble is brewing in the trans-Pacific trade in the form of Chinese inflation, especially in the main southern manufacturing centers, that shows no signs of slowing.

Importers would see a 60 percent increase in transportation taxes if Congress approves a measure aimed at raising revenue for national freight transportation.

DP World inaugurated the Vallarpadam International Container Transshipment Terminal in India's Port of Cochin Friday.

The Port of Oakland is working with the private sector to increase container volume for the benefit of the entire community, Executive Director Omar Benjamin said Thursday.

The Federal Rail Administration approved an $83.7 million loan for the Alameda Corridor Transportation Authority that should delay until late 2012 the need for assistance from the ports of Los Angeles