Container Shipping News

Total volume of containers handled by state-owned major ports in India surged 10 percent in the first five months of fiscal 2010-11 ending Aug. 31, the Indian Ports Association said Wednesday.

TUI's supervisory board approved a refinancing of its Hapag-Lloyd ocean carrier unit that clears the way for the German tourism group to quit the container shipping business.

Spot freight rates in eastbound trans-Pacific trade lanes declined last week to their lowest point since May as carriers expand capacity faster than the growth in cargo volume.

The Retail Industry Leaders Association is remaining neutral “at this point in time” in a congress

The South Carolina State Ports Authority is investing $17.3 million in a new terminal operating system, enhancing cargo visibility and customer service.

The Greek parliament will vote on controversial plans to deregulate road transport Tuesday as a nationwide truck drivers' protest strike entered its second week.

India's Port of Jawaharlal Nehru (Nhava Sheva) said it will consider "justifiable" requests from users for waiver of charges accrued on the traffic affected by the recent port shutdown and restricted

The world's three largest ocean container carriers, Maersk Line, MSC and CMA CGM joined forces to fight piracy in the Gulf of Aden and the Indian Ocean.

“K” Line once again won recognition as a member of the FTSE4Good Global Index, a listing of socially responsible companies that meet certain criteria for investment that include social, ethical and e

Customs and Border Protection has not clearly defined the purpose of its Importer Self Assessment, the Department of Homeland Security’s Inspector General said on Monday.

Tropical Shipping, a subsidiary of Birdsall, acquired V.I. Cargo Services, a non-vessel operating common carrier serving the island of St. Croix in the U.S.

A draft bill by the House Transportation and Infrastructure Committee would severely control ocean carriers' actions in the marketplace. Its limits would abolish nearly all antitrust immunity.

Dockwise, the Netherlands-based heavy lift ship-owner, said its three largest shareholders pledged their support for a planned $100 million stock issue to finance the construction of a giant new heavy

The barge-mounted Charleston Giant heavy-lift crane, already the largest floating crane in the Southeast, increased its certified load capacity from 450 short tons (900,000 pounds) to 500 short tons (

Damco, the combined logistics arm of A.P. Moller-Maersk, is absorbing the operations of Maersk Distribution Services, the inland distribution and warehousing arm of Maersk Line in North America.

Georgia’s port volume got a substantial boost from shippers in the five counties that make up metropolitan Atlanta in the last year.

U.S. containerized imports grew faster than exports during the first half of this year, the first time that has happened since imports’ pre-recession heyday of 2006.

The Federal Maritime Commission’s decision this summer to extend to the end of the peak shipping season its high-profile fact-finding investigation of container shipping capacity and equipment s

Container manufacturers’ prices are up about 40 percent, so why are container lessors boosting their rates for new boxes by 60 percent?

The stars have aligned for container lessors. Tight supplies and rising demand are pushing utilization rates to almost 100 percent and their prices and profits higher.

Shippers wondering if they can save money by transloading their imports from marine containers into domestic boxes should talk to Josh Owen.

Shippers have until Nov.

Independent truckers on the island of Grand Bahama are protesting a change in the trucking policy that Mediterranean Shipping Co. plans to put into effect on Sept.

Canadian National Railway inked performance agreements with ocean terminal operators Maher and DP World at the Prince Rupert and Vancouver ports.

Containerized imports in the Pacific Northwest were up sharply in August versus the same month last year, and only moderately lower when compared to the previous month this year.

Consumer sentiment slipped in early September to its weakest level in more than a year because of rising financial concerns among higher-income households, a new survey indicates.

Mediterranean Shipping Co. will sue Gulf Rocks, the Kuwaiti owner of MV Khalijia-3, for damages resulting from that vessel's collision with the MSC Chitra on Aug. 7, according to Livemint.com.

If there’s such a thing as a “good” recession, then the world’s largest container terminal operators had it.

MOL has again been selected for inclusion in two separate investment indices of companies that meet international criteria for social responsibility – the Dow Jones Sustainability Asia Pacific Index a

Matson Navigation launched a second trans-Pacific service linking China with Long Beach. The service expands Matson's reach to the South China region.

The federal government will step up its efforts to help U.S. exporters sell goods abroad, the White House said Thursday.

Judge Christina A.

Russia’s largest stevedore plans to buy the operator of the nation’s largest oil export terminal, then sell a majority of its own shares to the state-owned monopoly oil pipeline operator,

UPS launched Wednesday a less-than-container-load ocean freight service between Japan and the United States.

Freight costs on shipments from India will go up substantially effective Oct. 1 following a tariff increase decision by state-owned rail operator Container Corporation of India.

Japanese export ship orders rose for the ninth consecutive month in August, surging 111.3 percent to 1,351,660 gross tons, according to figures released by the Japan Ship Exporters' Association on Thu

Hanjin Shipping plans to launch the first non-stop direct service from Vietnam to North Europe in October.

Maritime labor groups are asking Congress to go slow as it considers changes to the Ocean Shipping Reform Act that could affect carrier antitrust immunity.

Evergreen Line will double capacity on its Kaohsiung-Haiphong shuttle service with the addition of a second ship on the route, starting at the end of September.

More than 30 shipper groups pledged their support to Rep. James L. Oberstar, D-Minn., if he moves forward with legislation to abolish antitrust immunity for ocean carriers.