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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
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Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
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The latest Container Shipping News & Analysis
French Dockworkers Suspend Strikes, Resume Talks
Bruce Barnard |
French dockworkers Feb. 10 suspended a six-week-long campaign of strikes after port employers agreed to resume negotiations on union demands for early retirement.
Maritime
Forwarding
Bollore Eyes Guinea Investment
Peter T. Leach |
The French holding group Bollore is looking to invest $150 million in a dry port in Guinea to ease shipment of goods through the country, the billionaire head of the conglomerate said.
Maritime
Forwarding
DP World Opens Inland Container Terminal in Pakistan
Peter T. Leach |
DP World opened a new inland container terminal in ceremonies Thursday in Lahore, Pakistan’s second largest city.
Transport, Trade and Regulation News
Forwarding
Nadler Introduces Clean Ports Bill in House
Bill Mongelluzzo |
Rep. Jerrold Nadler, D-N.Y., Wednesday introduced legislation to reduce truck pollution at container ports -- and to make it easier for the Teamsters union to organize harbor truck drivers.
Transport, Trade and Regulation News
Forwarding
Trucking labor
Safmarine Buys Slots for Far East-India Service
Peter T. Leach |
Safmarine is introducing a direct service it calls FMX between the Far East and main ports in West India and Pakistan by offering slots it is buying on a service operated by Simatech, the Dubai-based
Maritime
Container lines
Forwarding
Maersk, Hapag-Lloyd to Share Med-US Services
Bruce Barnard |
Maersk Line and Hapag-Lloyd entered a slot swap agreement for services from the Mediterranean to the U.S. East Coast and Gulf Coast, effective March 1.
Maritime
Container lines
Forwarding
Hapag-Lloyd Swings to $133 Million Operating Profit
Bruce Barnard |
Hapag-Lloyd swung to an operating profit of $133 million in the final quarter of 2010 from a year-earlier loss of $211 million as rising cargo volume and sharply higher freight rates accelerate plans
Maritime
Container lines
Forwarding
Rail Exec Sees Florida Gaining From Panama Canal
Bill Mongelluzzo |
The widening of the Panama Canal in 2014 could establish South Florida as a gateway for Asia cargo moving to the Southeast, said James Hertwig, president and CEO of Florida East Coast Railway.
Rail News
Forwarding
Cochin Dockworkers’ Strike Enters Seventh Day
JOC Staff |
India’s Port of Cochin was at a standstill for the seventh consecutive day on Tuesday as port terminal authorities and unions failed to find an amicable solution to labor concerns despite intense nego
Maritime
Forwarding
Canadian Longshoremen, Employers Resume Talks
Bill Mongelluzzo |
Contract negotiations resumed this week in Vancouver between the International Longshore and Warehouse Union Canada and the British Columbia Maritime Employers Association following a government-manda
Maritime
Forwarding
FMC Slow Steaming Inquiry Gets Under Way
R.G. Edmonson |
The Federal Maritime Commission's inquiry into the effects of slow steaming on the maritime marketplace is officially under way. The commission announced the study at its meeting Jan.
Transport, Trade and Regulation News
Container lines
Forwarding
Global Ship Lease to Sell $500 Million in Stock
Bruce Barnard |
Global Ship Lease filed a shelf registration statement with the Securities and Exchange Commission for the sale of up to $500 million in shares of its stock.
Maritime
Container lines
Forwarding
Hamburg Container Volume Grew 12.7 Percent in 2010
Bruce Barnard |
The port of Hamburg increased container traffic almost 13 percent in 2010 from the previous year, driven by booming German exports, rising imports from Asia and strong growth on feeder services to the
Maritime
Forwarding
Mumbai Container Volume Surges 31 Percent
JOC Staff |
Container throughput at India’s Port of Mumbai surged 31 percent year-over-year in the April-January period, the port authority said Tuesday.
Maritime
Forwarding
Grain Dominates US Exports to Egypt, Analysis Shows
JOC Staff |
The greatest threat to U.S. trade from the ongoing turmoil in Egypt comes from the impact on operations at the Suez Canal, but U.S.
Maritime
Forwarding
LA Port Police Nab Counterfeit iPhones
Bill Mongelluzzo |
Los Angeles Port Police Monday announced the results of a sting operation that netted more than $10 million in counterfeit electronics goods, stolen merchandise and bank receipts.
Maritime
Forwarding
India's SCI Profit Grew 40 Percent
JOC Staff |
A significant turnaround in the liner segment coupled with tight cost controls helped state-owned Shipping Corporation of India boost net profit 40 percent year-over-year in the third quarter of fisca
Maritime
Container lines
Forwarding
Hapag-Lloyd Getting Out of Chassis Business
Peter T. Leach |
Hapag-Lloyd said Monday it will phase out of the business of providing chassis for merchant haulage at ports and at inland intermodal rail terminals on the East and Gulf Coasts and in the Midwest star
Maritime
Container lines
Forwarding
Maersk Scores No. 1 in Drewry On-Time Report
Joseph Bonney |
Maersk, APL and Hyundai Merchant Marine scored best in on-time reliability among container lines in the fourth quarter, according to a Drewry Maritime Research report that said carriers' overall sched
Maritime
Container lines
Forwarding
Dockwise Signs Hyundai for Giant Heavy-Lift Ship
Bruce Barnard |
Dockwise signed a $240 million contract with Hyundai Heavy Industries to build the world's largest heavy-lift vessel.
Maritime
Forwarding
Getting Small-Minded on Exports
R.G. Edmonson |
The Export-Import Bank of the United States is accelerating its efforts to get small businesses in the export game, but supporters in industry say the bank needs to make changes to extend its reach.
Transport, Trade and Regulation News
Forwarding
Saade Back at the Helm
Bruce Barnard |
Jacques Saade’s return to the helm of French ocean carrier CMA CGM completes a Lazarus-like revival of a company tipped as the most likely casualty of the deepest recession in the history of con
Maritime
Container lines
Forwarding
Changes for Chassis
Bill Mongelluzzo |
May 1 will mark a milestone for importers in the U.S.-Asia trade. Many of the 2011-2012 service contracts they sign with ocean carriers will no longer provide free chassis usage to shippers.
Maritime
Forwarding
Tall Plans for Short-Sea
Joseph Bonney |
Percy Pyne IV is a New York real estate magnate accustomed to thinking big.
Maritime
Container lines
Forwarding
Jaxport’s Terminal Velocity
Peter T. Leach |
Hanjin Shipping’s planned terminal at the Port of Jacksonville is several years from being completed but it’s already busy with activity — just not the cargo handling the Florida por
Maritime
Container lines
Forwarding
Ensuring Food Safety
Stephanie Nall |
Food importers will be looking more closely at their foreign suppliers — a new food safety measure signed into law early this year requires them to vouch for the safety of imported products and
Cool Cargo News
Forwarding
South America Bears Fruit
Stephanie Nall |
President Obama’s plans to visit Brazil and Chile in March are bringing renewed media attention to the region, but South America has been seeing steadily increasing trade levels, especially with
Cool Cargo News
Forwarding
Kuehne + Nagel Expands Perishables Network
JOC Staff |
Kuehne + Nagel is expanding its South American perishables network by acquiring three companies that together handle about 75,000 tons of air export perishables annually.
Cool Cargo News
Maritime
Forwarding
US Fruit Ripe for Marketing in China
Stephanie Nall |
U.S. growers are in a good position to gain market share in China’s fast-growing fresh fruit market, but will need to continue marketing aggressively, according to a report from the U.S.
Cool Cargo News
Forwarding
Recipe for Exports?
Stephanie Nall |
Take droughts and floods, add an improving global economy and increasing numbers of middle-class consumers, then mix in several animal diseases, consumer fears, political tension, protectionism, heavy
Cool Cargo News
Forwarding
Florida Growers to Study China’s Citrus Sector
JOC Staff |
Concerned about looming completion, the Florida Citrus Commission has commissioned a three-year, $174,941 study to determine if China’s growing citrus industry will cut into Florida’s shar
Cool Cargo News
Forwarding
Container Operations Pick Up in Egypt
Peter T. Leach |
Vessel-handling operations were starting to return to normal in Port Said, Egypt, Feb.
Maritime
Container lines
Forwarding
Trans-Pacific Carriers See Tight Capacity Ahead
Bill Mongelluzzo |
Vessel utilization rates in early January in the eastbound trans-Pacific averaged 88 percent to the West Coast and 95 percent to the East Coast leading up to the Chinese New Year celebration, and trad
Maritime
Container lines
Forwarding
French Ports Shut Down
Bruce Barnard |
French ports are at a standstill Feb.
Maritime
Forwarding
Philadelphia Container Volume Jumps 18 Percent
Peter T. Leach |
Container throughput at terminals in the Port of Philadelphia increased 18 percent in 2010 to 264,059 20-foot equivalent units, compared to the 222,900 TEUs handled in 2009, the Philadelphia Regional
Maritime
Forwarding
HHLA Boosts Container Traffic 19 Percent
Bruce Barnard |
HHLA, Hamburg's biggest stevedore, boosted container traffic 19 percent in 2010 from a year ago, outpacing its rivals and increasing its market share in the Le Havre-Hamburg port range.
Maritime
Forwarding
UASC Adds Egypt Surcharge
JOC Staff |
Middle East carrier United Arab Shipping Company announced a "contingency surcharge" on cargo moving to and transshipped via ports in Egypt.
Maritime
Container lines
Forwarding
Matson Profit Drops 14 Percent
Peter T. Leach |
Matson Line's operating profit dropped 14 percent to $11.6 million in the fourth quarter of last year from $13.9 million in the same 2009 quarter.
Maritime
Container lines
Forwarding
MSC Hikes Rates and Fuel Surcharges
Peter T. Leach |
Mediterranean Shipping Co. announced a series of increases in freight rates and bunker surcharges, all of which are effective March 1.
Maritime
Container lines
Forwarding
Port of Oakland Gets $5 Million Clean Air Grant
Bill Mongelluzzo |
The Port of Oakland received a $5 million grant from the Bay Area Air Quality Management District for a shore-side electric power project that will allow vessels at berth to operate on clean electrica
Maritime
Forwarding
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