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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.
Subsections
Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
Asia-Europe
The latest Container Shipping News & Analysis
Rating Pacific Rates
Bill Mongelluzzo |
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
Maritime
Container lines
Forwarding
Shippers Stacking Up More
William B. Cassidy |
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.
Intermodal providers
Rail News
Forwarding
Savannah Prepares to Dig Deeper
Peter T. Leach |
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
Maritime
Transport, Trade and Regulation News
Forwarding
Look South for Free Trade Benefits
Alan M. Field |
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.
Forwarding
Seeking a Regulated Recipe
R.G. Edmonson |
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.
Transport, Trade and Regulation News
Forwarding
CMA CGM Reaches Debt Pact, Seeks Government Cash
Bruce Barnard |
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
Maritime
Container lines
Forwarding
Zim Extends Recovery With $37 Million Profit
Bruce Barnard |
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
Maritime
Container lines
Forwarding
Maersk Reported Close to 18,000-TEU Ship Order
Bruce Barnard |
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.
Maritime
Container lines
Forwarding
CMA CGM Strikes $500 Million Investment Deal
JOC Staff |
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.
Maritime
Container lines
Forwarding
Cochin Port Extends Tariff Concessions
JOC Staff |
India's Cochin Port Authority announced plans to extend concessions on vessel-related charges granted at an earlier time to mainline vessels.
Maritime
Forwarding
Evergreen, MCC Start Joint Intra-Asia Service
Peter T. Leach |
Evergreen Line is entering into a vessel-sharing agreement with intra-Asian carrier MMC Transport to launch the Malaysia - Bangladesh Shuttle service.
Maritime
Container lines
Forwarding
Drewry Spot Pacific Rate Slides 5.7 Percent
Peter T. Leach |
The Drewry Container Rate Benchmark for trans-Pacific shipping fell 5.7 percent in the week ended Nov.
Maritime
Forwarding
Matson to Raise Rates 3.8 Percent
Bill Mongelluzzo |
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
Maritime
Container lines
Forwarding
Port Metro Vancouver Sets Container Record
JOC Staff |
Port Metro Vancouver hit the high point in container traffic in the port authority’s nearly three years of existence in October, with volume growing 19.5 percent over the same month a year ago.<
Maritime
Container lines
Forwarding
Ports of LA-LB Approve CAAP Update
Bill Mongelluzzo |
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.
Maritime
Transport, Trade and Regulation News
Forwarding
North American ports
Container Ships Collide Near Kolkata Port
JOC Staff |
A Bahamas-registered container ship collided with another container vessel Tuesday on the Hooghly river near India’s eastern Port of Kolkata.
Maritime
Forwarding
APM Terminals Plans Joint Venture with Indian Oil Firm
JOC Staff |
APM Terminals Pipavav, which operates India’s Port of Pipavav, agreed to lease nearly 100 acres of land to Mumbai-based Aegis Logistics.
Maritime
Forwarding
Maritime Commission Investigation Winds Down
R.G. Edmonson |
The end is near for the Federal Maritime Commission’s high-profile investigation into carrier capacity and equipment shortages.
Transport, Trade and Regulation News
Maritime
Container lines
Forwarding
Dockwise Gets Nod for $106 Million Share Issue
Bruce Barnard |
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.
Maritime
Forwarding
Costamare's Revenues Slip Slightly to $88.6 Million
Bruce Barnard |
Leading containership charter owner Costamare reported lower revenues and profits in the third quarter, but the company said they are optimistic about future growth.
Maritime
Container lines
Forwarding
APM Terminals Eyes Asian Terminal Acquisitions
Peter T. Leach |
APM Terminals, the terminal-operating arm of A.P.
Maritime
Container lines
Forwarding
Marad to Fund Anti-Invasive Species Program
Peter T. Leach |
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.
Maritime
Transport, Trade and Regulation News
Forwarding
Mumbai Port, Users Clash Over Collision Charges
JOC Staff |
A bitter confrontation appears to be brewing between India’s Mumbai Port Authority and user associations over the levy of additional charges on stranded vessels.
Maritime
Forwarding
European Trade to Grow in 2011, Despite Austerity
Peter T. Leach |
European world trade will maintain its growth next year despite various austerity packages introduced in countries with excessive debt, according to Global Port Tracker.
Maritime
Forwarding
APL Logistics Starts Cambodia-Vietnam Truck Service
Peter T. Leach |
APL Logistics is starting a service that trucks containers the Cambodian capital of Phnom Penh to Vietnam’s Port of Cai Mep in Vietnam.
Maritime
Forwarding
Maersk Settles Shipper Suit Over Rates
Bruce Barnard |
London — Maersk Line is settling a $13.9 million lawsuit by British retailer Argos claiming the Danish ocean carrier breached its contract with the shipper for Asia-Europe transport.
Maritime
Container lines
Forwarding
A 24-Hour Nightmare
R.G. Edmonson |
Shippers, you’re on notice: Even if your cargo isn’t destined for Europe, effective Jan.
Transport, Trade and Regulation News
Container lines
Forwarding
Capacity Constraints, Take Two
Peter T. Leach |
Shippers are more likely to find supply and demand in better balance going into the new year, a year after burgeoning U.S.
Maritime
Forwarding
Fast Forward to the Peak
Bill Mongelluzzo |
When 2010 opened, container shipping analysts predicted the federal stimulus program and rebuilding of retail inventories would drive rapid growth in the first half of the year, but imports would slow
Maritime
Container lines
Forwarding
Commission Weathers Attacks
Joseph Bonney |
The Waterfront Commission is unique to New York-New Jersey, and its history has been intertwined with labor at the port for more than half a century.
Maritime
Forwarding
Waterfront Commission Turns Up the Heat
Joseph Bonney |
A crime watchdog agency’s hearings on New York-New Jersey port labor practices will echo in the next round of longshore contract negotiations.
Maritime
Forwarding
Pirates Attack COSCO Cargo Ship
JOC Staff |
China said Friday it was sending a warship to help a COSCO Shipping cargo ship that was attacked by pirates in the Indian Ocean near East Africa.
Maritime
Container lines
Forwarding
Trans-Pacific Carriers Set $400 Base Rate Increase
Bill Mongelluzzo |
Shipping lines in the eastbound Pacific announced a target Friday of increasing freight rates $400 per 40-foot container to the U.S.
Maritime
Container lines
Forwarding
Judge OKs Philadelphia Dredging
Joseph Bonney |
In a big legal victory for the Port of Philadelphia, a federal judge says the Army Corps of Engineers can proceed with plans to dredge 102 miles of the Delaware River to provide the port with a 45-foo
Maritime
Forwarding
NY-NJ Terminals to Close Thanksgiving Day
Thomas L. Gallagher |
All terminals at the Port of New York and New Jersey will be closed Thursday Nov. 25 for Thanksgiving Day.
Maritime
Forwarding
SCI to Launch India-Africa Service
JOC Staff |
The state-owned Shipping Corporation of India will launch a container service between the Indian subcontinent and East Africa, starting at the end of November.
Maritime
Container lines
Forwarding
Daggett Blasts Panel, Defends ILA Worker’s $400K Pay
Joseph Bonney |
International Longshoremen’s Association official Harold Daggett said there’s nothing wrong with off-contract deals that the Waterfront Commission of New York Harbor says provide favored d
Maritime
Forwarding
Drayage Companies Evade Clean-Truck Requirements
Bill Mongelluzzo |
Some drayage companies in Southern California are violating the spirit, if not the letter of the Los Angeles and Long Beach clean-truck requirements, and the ports intend to end these practices soon.
Maritime
Forwarding
North American ports
Truckers Renew Quest to Expedite Clean Trucks Appeal
Bill Mongelluzzo |
The American Trucking Associations petitioned the U.S.
Maritime
Forwarding
Trucking labor
SCI to Sell Stock to Buy New Ships
Peter T. Leach |
The state-owned Shipping Corporation of India plans to conduct a share sale on Nov. 30 that could raise up to $320 million for buying new containerships and tankers.
Maritime
Container lines
Forwarding
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