Container Shipping News

Georgia Gov.

Hapag-Lloyd will suspend its weekly Antwerp-New York shuttle service from mid-December in an extended winter program "until the expected market volume returns."

The global container ship order book grew in October for the first time since July 2008 as new orders outpaced deliveries.

MOL formed a tugboat company in Vietnam in a joint venture with two local companies.

The Port of Long Beach is joining a Calif.-based developer to test zero emission drayage and terminal tractor vehicles.

At least 18 large shippers may pursue their own antitrust cases against U.S.-Puerto Rico carriers instead of joining in a $52.25 million settlement of a class-action lawsuit against Horizon Lines, Sea

CMA CGM will extend its Black Pearl service from the U.S. in response to growing market demand in the Caribbean and on the West Coast of South America.

A supply chain executive at J.C. Penney says the retailer hopes to see ocean carriers and logistics operators provide 53-foot containers for U.S.

The U.S.

An Indian forwarder filed a complaint with the Federal Maritime Commission against Damco USA and its Danish parent A.P. Moller-Maersk.

A sudden strike by container truck drivers Monday morning paralyzed cargo movements to and from India’s Port of Chennai, the country’s second-largest container gateway.

The port of Rotterdam Nov. 16 announced a once-only "recovery" rebate of 3 percent on tariffs for ocean going ships and inland river barges calling at Europe's biggest port.

Hamburg boosted container traffic 10.7 percent in the first nine months of the year from a year ago but trailed growth at its larger rivals Rotterdam and Antwerp.

Hapag-Lloyd swung to a record operating profit of $361 million in the third quarter from a $253 million loss a year ago on higher cargo volume, soaring freight rates and lower costs.

The ports of Los Angeles and Long Beach recorded combined import growth of 15.4 percent in October, indicating some staying power as growth slowly slips back from an August peak in the shipping season

Trailer Bridge reported a narrow $6,876 net profit for the third quarter, compared with $1.7 million a year earlier, as the carrier’s revenue fell 3.4 percent to $29.3 million.

Two of the top U.S.

Crowley Maritime promoted Jose "Pache" Ayala to the position of general manager for operations of its liner services group in Puerto Rico.

Brambles, the world's biggest supplier of wooden freight pallets, is buying IFCO Systems, the largest provider of reusable plastic containers, for around $1.3 billion.

Horizon Lines plans to start express shipment of intermodal containers to several inland U.S. cities when it begins its Five Star Express trans-Pacific liner service from China next month.

HHLA, Hamburg's biggest stevedore, boosted container traffic 15.4 percent in the first nine months of 2010 from a year ago as ocean carriers added services and Baltic feeder shipments recovered strong

The volume of containers handled by the Port of Savannah in October increased 16.7 percent to 273,296 20-foot equivalent units compared to the same month last year, the Georgia Ports Authority said.

Thomas J. Bethel, president of American Maritime Officers, and William A.

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

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

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