Container Shipping News

CMA CGM announced rate increases and new peak season surcharges that will take effect in the next month or two on several of its trade lanes.

Mediterranean Shipping Co. is advising its customers this week of a series of rate increases and changes in various surcharges that will take effect within the next month.

The Port of Seattle Commission authorized the 2011 budget that includes nearly $500 million in capital projects.

More than 400 owner-operators drove their trucks in a massive protest convoy on Highway 91 outside of Vancouver last Friday.

A Sierra Leone-flagged cargo ship collided with a Dutch-flagged chemical tanker during a storm on Monday in the Black Sea and sank, leaving five sailors missing, according to government officials in S

The Senate Tuesday morning passed by a 73-25 vote a bill that would give the Food and Drug Administration added authority to keep contaminated food out of the food chain.

Container truck drivers at India’s Port of Cochin Monday night launched an indefinite strike, halting cargo movements to and from India Gateway Terminal, which is managed by DP World.

The Federal Maritime Commission in 2011 will focus on the "Three Cs," containers, contracting and capacity, according to Chairman Richard A. Lidinsky Jr.

Ocean container carriers are set to earn an all time high profit of $13 billion in 2010 after posting a record loss of $15 billion a year ago, a leading analyst forecast.

Robbers beat two employees of a Los Angeles harbor-area trucking company and stole three containers from the facility.

Vessel overcapacity for container ship lines is expected to worsen through April and persist through 2011, Paris-based SeaAxis said in its quarterly report on container shipping.

Steel imports in October declined 13.7 percent from the previous month as demand softened and companies kept inventories tight.

French trucking, logistics and forwarding company Norbert Dentressangle is buying UK road transporter and forwarder TDG.

Somali pirates captured a Malaysian container ship and its crew on Friday in the Indian Ocean.

TUI, the German travel company that owns the biggest stake in Hapag-Lloyd, is working with three banks to prepare the sale of its stake in the container line, according to a report by Bloomberg News.

Ocean customers in the eastbound Pacific aren’t batting an eye over carrier intentions to increase freight rates by $400 per 40-foot container to the West Coast and $600 to inland and East Coast

Surprise visitors arrived at the headquarters of Horizon Lines, Sea Star Line and Crowley Maritime on April 17, 2008.

Cargo volume moving through Los Angeles-Long Beach is slowing down in line with seasonal trends, but truck lines at marine terminals are getting longer.

The Georgia Ports Authority may face more hurdles before a project to deepen the Savannah River to 48 feets gets under way, but it looks like the Army Corps of Engineers may be able to start the proje

Supermarkets and shopping malls don’t have rail sidings, truckers love to point out, but the intermodal industry is moving steadily closer to the store floor.

A Central America Free Trade Agreement agreement may be the ticket President Obama needs to convince legislators and critics that he’s ready to kick start his administration’s export plan.

A bill that would give the Food and Drug Administration new authority to regulate imported and domestic food chains is a critical piece of unfinished business before the lame-duck 111th Congress.

French ocean carrier CMA CGM, in a broad overhaul of the its troubled finances, said Friday it has a new agreement to restructure its huge debt and also expects to get a new $150 million cash injectio

Israeli ocean carrier Zim turned a $37 million net profit in the third quarter after losing $208 million a year ago as increased cargo volumes, higher freight rates and lower costs helped the company

Maersk Line is close to placing an order for up to 20 container ships that would each be able to transport 18,000 20-foot ocean containers, breaking through industry standards for carrying capacity.

Container line CMA CGM announced an agreement Thursday with Turkey-based investment firm Yildirim Group that will push $500 million into the debt-ridden French carrier.

India's Cochin Port Authority announced plans to extend concessions on vessel-related charges granted at an earlier time to mainline vessels.

Evergreen Line is entering into a vessel-sharing agreement with intra-Asian carrier MMC Transport to launch the Malaysia - Bangladesh Shuttle service.

The Drewry Container Rate Benchmark for trans-Pacific shipping fell 5.7 percent in the week ended Nov.

Matson Navigation, joining the move by ocean carriers to announce price increases early heading into the New Year, said Thursday it plans to freight rates between Hawaii and the mainland by $120 per w

Port Metro Vancouver hit the high point in container traffic in the port authority&rsquo;s nearly three years of existence in October, with volume growing 19.5 percent over the same month a year ago.<

The ports of Los Angeles and Long Beach approved an update to their ground-breaking 2006 clean air action that calls for a significant reduction in pollution from vessels and line-haul locomotives.

A Bahamas-registered container ship collided with another container vessel Tuesday on the Hooghly river near India&rsquo;s eastern Port of Kolkata.

APM Terminals Pipavav, which operates India&rsquo;s Port of Pipavav, agreed to lease nearly 100 acres of land to Mumbai-based Aegis Logistics.

The end is near for the Federal Maritime Commission&rsquo;s high-profile investigation into carrier capacity and equipment shortages.

Dockwise secured approval from shareholders Nov. 23 for a $106 million share issue to help pay for the construction of a giant vessel with a lifting capacity of more than 100,000 metric tons.

Leading containership charter owner Costamare reported lower revenues and profits in the third quarter, but the company said they are optimistic about future growth.

APM Terminals, the terminal-operating arm of A.P.

The Maritime Administration is providing $4 million to help prevent the spread of invasive aquatic species found in cargo ships plying the Great Lakes and inland waterways, the U.S.

A bitter confrontation appears to be brewing between India&rsquo;s Mumbai Port Authority and user associations over the levy of additional charges on stranded vessels.