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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.
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Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
Asia-Europe
The latest
Container Shipping News
& Analysis
MSC: Other Ship in Mumbai Collision at Fault
Peter T. Leach |
Mediterranean Shipping Co.
Maritime
Container lines
Forwarding
Two Indian Ports to Remain Closed a Week
Peter T. Leach |
India’s two biggest ports, the Port of Mumbai and the Jawaharlal Nehru Port, are likely to be shut for at least a week, as their main channel remains blocked by containers that fell off a ship a
Maritime
Container lines
Forwarding
Hamburg Sud Raises West Coast-Europe Rates
Peter T. Leach |
Hamburg Sud will impose a general rate increase on Sept. 1 on all cargo moving from the West Coasts of the U.S. and Canada to Europe.
Maritime
Container lines
Forwarding
Shipper Accuses Forwarders of Fraud
R.G. Edmonson |
A Pakistani clothing manufacturer is accusing two U.S. freight forwarders of defrauding it out of some $207,000 in payments due.
Transport, Trade and Regulation News
Forwarding
Ships’ Collision Closes Nehru Port at Mumbai
Peter T. Leach |
The Jawaharlal Nehru Port at Mumbai, India’s busiest container port, closed Monday morning following a collision between two vessels on Saturday that left hundreds of containers floating in the
Maritime
Container lines
Forwarding
Joint Service Links India, Mediterranean
JOC Staff |
Mediterranean Shipping Company and the Shipping Corporation of India formed a vessel sharing agreement to launch a direct container service linking the Indian subcontinent and the Mediterranean, start
Maritime
Container lines
Forwarding
Shrimp Harvest Shrinks
Stephanie Nall |
One of the first questions raised after the April 20 Deepwater Horizon oil rig explosion was whether shrimp and other seafood from the Gulf of Mexico was safe to eat.
Cool Cargo News
Forwarding
Will China Beef Up Imports?
Stephanie Nall |
Leaders of several U.S. agricultural groups are calling for China to increase its imports of U.S. food products. Economists say it’s not only possible, but also inevitable.
Cool Cargo News
Forwarding
Taking Initiative on Exports
R.G. Edmonson |
There is no shortage of ideas for meeting President Obama’s goal of doubling exports in five years and creating 2 million new jobs.
Transport, Trade and Regulation News
Forwarding
Unraveling Services at the Waterfront
Bill Mongelluzzo and Peter T. Leach |
One of the most significant changes in the 54-year history of maritime containerization is unfolding rapidly at U.S.
Maritime
Trucking News
Forwarding
Now, Chassis Shortages
JOC Staff |
Add chassis to the list of transport equipment in short supply this year as the early recovery in demand caught carriers and leasing companies with their chassis down.
Maritime
Trucking News
Forwarding
Japanese Lines Back in Black
Joseph Bonney |
A rebound in container volume and rates has NYK Line, MOL and “K” Line profitable again and more optimistic about the months ahead.
Maritime
Container lines
Supply Chain Whiteout
Stephanie Nall |
White is the new green for companies in the cold chain that want to improve their environmental rating.
Cool Cargo News
Maritime
Trucking News
Forwarding
New Charleston Terminal Clears Environmental Opposition
Peter T. Leach |
The South Carolina State Ports Authority and the South Carolina Coastal Conservation League said Friday they concluded several months of mediation and reached a settlement, ending a years-long battle
Maritime
Forwarding
Three Asian Carriers Form Joint Service
Peter T. Leach |
Evergreen Line, OOCL and Dubai-based Simatech Shipping will launch joint liner service beginning Aug. 20 connecting Southeast Asia, South Asia and the Middle East.
Maritime
Container lines
Forwarding
Port Operator Hutchison Posts Big Gains
Joseph Bonney |
Hong Kong-based Hutchison Port Holdings, the world's largest container port operator in volume, said its earnings before interest and taxes rose 35 percent as its container throughput increased 17 per
Maritime
Forwarding
ICTSI Net Profit Jumps 61 Percent
Joseph Bonney |
International Container Terminal Services, the Manila-based port operator, said its second quarter net profit increased 61 percent to $19.6 million as revenue rose 32 percent to $126.3 million.
Maritime
Forwarding
NOL Reports $100 Million Profit on Soaring Demand
Joseph Bonney |
Neptune Orient Lines, the parent of container carrier APL, reported a second quarter net profit of US$100 million, compared with a net loss of $146 million a year earlier, as revenue jumped 53 percent
Maritime
Container lines
Forwarding
Long Beach Terminal Operator Moves to LA
Bill Mongelluzzo |
California United Terminals, the terminal operator for Hyundai Merchant Marine at the Port of Long Beach, will move its operations later this year to the APM Terminals facility at the Port of Los Ange
Maritime
Forwarding
Retailer Container Imports May Have Peaked
Joseph Bonney |
This year’s peak season for containerized imports may have topped out in July as retailers shipped early to avoid delays, according to the Global Port Tracker report by the National Retail Feder
Maritime
Container lines
Forwarding
NOAA Projects Active Atlantic Hurricane Season
Peter T. Leach |
The Atlantic Basin is on track for an active hurricane season, according to the scheduled seasonal outlook update issued Thursday by The National Oceanic and Atmospheric Administration’s Climate
Maritime
Forwarding
Ex-Im Bank Guarantees $250 Million Loan for Ford
John D. Boyd |
The Obama administration is guaranteeing a $250 million working capital loan to Ford Motor Company to finance the sale of $3.1 billion in cars and light trucks to buyers in Canada and Mexico.
Transport, Trade and Regulation News
Forwarding
Horizon Beefs Up China Marketing
Bill Mongelluzzo |
Horizon Lines appointed Wing Lam as its owner representative and Ben Line Agencies as its general agent to support the carrier's ongoing sales and operations in Shanghai and Ningbo, China.
Maritime
Container lines
Forwarding
Seaspan Incurs Net Loss Despite Rising Demand
Joseph Bonney |
Seaspan reported a second quarter loss because of a change in the fair value of its financial instruments, but the container ship owner said it is expanding its fleet to meet carriers’ rising de
Maritime
Container lines
Forwarding
Hanjin Shipping Returns to Profit
Joseph Bonney |
Hanjin Shipping returned to profitability in the second quarter as its container volume jumped 16.7 percent and freight rates rose.
Maritime
Container lines
Forwarding
Orient Overseas Swings to Profit
Joseph Bonney |
Orient Overseas International Ltd., parent of Orient Overseas Container Line, reported after-tax profit of $287.3 million from continuing operations in the first half of 2010 as economic recovery push
Maritime
Container lines
Forwarding
Indian Ports Move 14 Percent More Containers
JOC Staff |
Container traffic at major ports in India for the April-July period increased 14 percent over the same period last year, the Indian Ports Association said in a statement on Wednesday.
Maritime
Forwarding
Port of LA to Buy Crane With EPA Grant
Joseph Bonney |
The Port of Los Angeles says it will use a $731,000 Environmental Protection Agency grant to buy and test a battery-
Maritime
Forwarding
TRAC Intermodal to Provide Short-Term Chassis Rentals
Peter T. Leach |
TRAC Intermodal said Tuesday it will start renting chassis to port truckers on a short-to-medium term basis.
Maritime
Container lines
Forwarding
Hapag-Lloyd to Launch Atlantic Express Shuttle
Thomas L. Gallagher |
Hapag-Lloyd will launch an Atlantic Express Shuttle between North Europe and the East Coast of North America, effective Sept. 25.
Maritime
Container lines
Forwarding
Safmarine to Launch Far East-Africa Service
Thomas L. Gallagher |
Safmarine will add a direct container service between the Far East and West Africa via South Africa on Aug. 12. The FEW3 service will be operated jointly with parent company Maersk Line.
Maritime
Container lines
Forwarding
Tropical Shipping Profit Soars 68 Percent
Joseph Bonney |
Caribbean carrier Tropical Shipping’s second-quarter operating income rose to $4.2 million from $2.5 million a year earlier as volume and rates increased, parent company Nicor said.
Maritime
Container lines
Forwarding
Trans-Pacific Spot Price Measure Jumps 8.2 Percent
Peter T. Leach |
Spot prices for trans-Pacific ocean container shipping jumped 8.2 percent in the week ending Aug.
Maritime
Container lines
Forwarding
LA-Long Beach Terminals Extend Gate Hours
Bill Mongelluzzo |
Terminal operators in Los Angeles-Long Beach are extending gate hours and some will initiate appointment systems to keep the ports fluid during the peak shipping season.
Maritime
Forwarding
Philadelphia Gets First of Thousands of Hyundais
Peter T. Leach |
The first of seven roll-on, roll-off vessels scheduled to call at the Port of Philadelphia this month arrived late Monday to deliver Hyundai and Kia vehicles from South Korea.
Maritime
Forwarding
Maersk Denies New Ship Orders
Peter T. Leach |
Maersk Line denied Tuesday that it was in talks with shipyards to order 10 giant container ships, but said it was only monitoring the capacity situation at yards.
Maritime
Container lines
Forwarding
Maersk's US-Flag Division Paid Reduced US Penalty
Peter T. Leach |
Maersk Line Ltd., the U.S.-flag carrier of Denmark’s Maersk Line, said it paid a $3.1 million fine to the U.S.
Maritime
Container lines
Forwarding
Danmar Launches China-Europe LCL Services
Thomas L. Gallagher |
Danmar Lines, DHL Global Forwarding's in-house carrier, launched two direct less-than-container-load services from Shenzhen, China, to Europe.
Maritime
Container lines
Forwarding
LA-Long Beach Union Talks Enter Second Month
Bill Mongelluzzo |
Office clerical workers at the ports of Los Angeles and Long Beach pursued contract negotiations into their second month with local issues still dominating the talks.
Maritime
Forwarding
Panama, Gulfport Sign Trade Development Pact
Peter T. Leach |
The Panama Canal Authority and the Mississippi State Port Authority at Gulfport signed a memorandum of understanding Monday aimed at increasing all-water trade between Asia and the U.S.
Maritime
Forwarding
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