Container Shipping News

When suspected al Qaeda terrorists attempted to use the global air cargo network to deliver explosive devices from Yemen last month, the Middle East’s reputation as the world’s terror capi

Import-export trade isn’t the target of the Federal Reserve’s plan to stimulate the U.S.

U.S. containerized exports to Asia are accelerating and could approach record levels this winter, but vessel space and equipment shortages could keep them from reaching their full potential.

Strong container volumes through West Coast ports this year is good news for longshoremen who suffered through an unprecedented period of declining work opportunities in 2009.

A two-month-long decline in spot freight rates on major east-west containerized trade lanes extended into this month amid softening demand.

Global container lines are seeing “green” in their efforts to conduct business in a more environmentally friendly way.

American Feeder Lines Holding appointed Rudy Mack, former president of Hapag-Lloyd’s Americas region, as chief operating officer, giving the U.S.

A Maersk container ship was waiting in the French Port of Le Havre Friday to have its cargo secured after it lost 26 containers overboard on Tuesday in a powerful storm in the Bay of Biscay.

A.P. Moller-Maersk may sell bonds after discussions with investors to diversify its financing sources and to raise funds for new investments.

Mediterranean Shipping Co. will raise rates for container transport from Asia to the U.S. on Dec.

Rickmers Maritime lost $55 million in the third quarter as charges for canceled ship orders ate up operating profit.

TRAC Intermodal on Dec. 1 will open its West Coast Metro Pool in Oakland and Los Angeles, leasing chassis to harbor trucking companies and ocean carriers on a short and medium-term basis.

There is only a "slim" chance the appellate court handling the Port of Los Angeles clean-truck case will agree with U.S.

Mediterranean Shipping Co. will impose bunker surcharges on containers moving between North Europe and the Mediterranean and Venezuela, Central America and the west coast of South America as of Dec.

The Port of Seattle Commission authorized an additional expenditure of $110,000 in incentive money to encourage shipping and cruise lines to burn low-sulfur fuels in their auxiliary engines while at b

Container throughput at major ports in India for the April-October period surged 12 percent over the same period last year, the Indian Ports Association said Thursday.

Global Ship Lease, the NYSE-listed container ship charter owner, reported a narrower third quarter loss as it revealed it won't be taking delivery of two new vessels because it can't finance the $155

New York-New Jersey marine terminal executives testified they're doing what they can to chip away at inefficient labor practices such as paying union timekeepers up to 27 hours a day, but they said th

California's ocean and air cargo exports increased by double digits in September compared to the same month last year, marking the 11th consecutive year-over-year monthly increase in the state's expor

Chinese officials assured a U.S.

Lua Cheng Eng, who built the regional Neptune Orient Lines business into a world shipping power through the landmark 1997 merger with APL, died in Singapore on Nov. 9.

Kintetsu World Express, Japan's second-largest forwarder, earned net profit of $48.84 million in the six months to Sept. 30, more than double its profit in the year earlier period.

A.P.

The U.S.

International Longshoremen’s Association official Harold Daggett said he’s ready for “war” with container lines transferring intermodal chassis service to companies outside the

Memphis-based third party logistics provider Mallory Alexander International Logistics expanded into the Charleston, S.C., market with the acquisition of forwarder Tradesource from Atlantic Services G

A company that develops explosive-detection equipment for the military is expanding into the cargo world with technology that can sniff out bombs.

Truckload demand increased and capacity tightened in the first week of November following three straight weeks of decline, according to Longbow Research.

Several big Asian shipping lines say they are planning to order new container ships to meet the ongoing recovery in demand for container capacity.

Maersk Line is notifying trans-Atlantic customers of three increases in freight rates the world's largest container ship operator is planning for 2011 on that trade lane.

Danaos, the Greek container ship owner, reported third quarter net income shrunk to $970,000 from $16.4 million a year earlier as it revealed an agreement to delay final payment on eight vessels it or

Hamburg Sud, the German liner company that specializes in the north-south trades, christened a new container ship on Monday in Callao, Peru.

Deutsche Post DHL swung to profit in the third quarter after a year earlier loss. The change was driven by surging ocean and air cargo volumes and “extraordinarily high” freight rates.

FedEx Trade Networks, pushing deeper into the ocean forwarding business, is adding five stations in Europe, including an office at the Port of Antwerp, the company announced Monday.

DP World filed an updated prospectus for a $5 billion bond program to fund expansion of the Dubai-based company's global container terminal network.

The NYK Altair, the newest in NYK Line's series of vessels with a reduced environmental footprint, served Hamburg over the weekend on its maiden voyage.

Mediterranean Shipping Co. will increase the surcharges for bunker fuel and currency on cargo between Europe and South Asia as of Dec. 1.

United Arab Shipping Company will launch a container service between the Indian subcontinent and North Europe in late November.

APL’s average revenue per container declined 2.8 percent in October from the month before, reaching its lowest point since June, as demand leveled off at the end of the peak ocean container shipping s

Container ship lines enter the slack winter season hoping to stick with the formula that’s begun to reverse last year’s $15 billion in losses.