Container Shipping News

The Port of North Dakota on Monday shipped its first container load of agricultural commodities to international markets.

CMA CGM is negotiating with a Lebanese group about investing in the French ocean container carrier, according to French press reports.

Ocean carriers that were trying to delay deliveries of ships a year ago are now pushing shipyards to bring forward construction dates as confidence returns to container shipping, according to a leadin

Sales of previously occupied homes fell more than 27 percent last month to the lowest level in 15 years, the National Association of Realtors reported.

China-based ports investor Cosco Pacific said its Piraeus container terminal, acquired in the face of fierce opposition includ

E-commerce provider Inttra said its ocean shipping transactions surged 33.8 percent in the last 12 months and now total more than 350,000 container transactions a week.

Direct ChassisLink, which Maersk set up last year as neutral provider of chassis to truckers, said it will extend service to California and other southwestern U.S.

China Shipping Container Lines, Hanjin Shipping, CMA CGM and Hyundai Merchant Marine will launch a direct joint service from Asia to Mexico and the West Coast of South America, starting on Sept.13.

Nippon Express, Japan's largest freight forwarder, last week opened a representative office in Bangladesh, expanding its global logistics network with a foothold in the growing Southeast Asian export

Container ship charter rates are still climbing through the summer as ocean carriers compete for increasingly scarce tonnage to keep pace with surging cargo volume on key routes from Asia to North Ame

The trans-Pacific shipping recovery so far has sailed past the Port of Tacoma, but the Pacific Northwest port’s new executive director insists Tacoma will be ready to draw in new business.

Just when North American intermodal cargo handlers were getting used to the idea that domestic rail-truck combination moves might catch up to ship-to-train international business, this year’s se

In two years, the first of 10 small container ships are to begin shuttling international containers between major East Coast ports and smaller ports ranging from Maine to Texas.

When container shipping companies expand services, it’s important to note from where they’re starting as much as where they’re going.

Germany's HSH Nordbank, the world's largest shipping bank, reported its first quarterly operating profit for almost two years and reaffirmed its goal of booking an annual profit in 2011.

Singamas Container Holdings, a manufacturer of dry containers and operator of container depots in China, rode the sudden upswing in demand for containers this year to a turnaround in profit the first

The Port of Rotterdam says its cargo traffic could soar to a low of 575 million metric tons and a high of 740 million metric tons within 20 years from 420 million metric tons at present, driven mainly

Japanese export ship orders increased 21.7 percent in July from a year earlier to 1,157,150 gross tons, according to figures released Thursday by the Japan Ship Exporters' Association.

APM Terminals posted a modest increase in first half operating profit from a year ago as traffic grew at only half the rate of the global market.

Local Indian government and port authorities served a joint notice to Mediterranean Shipping Co.

Freight rates on the trans-Pacific started to soften a bit since the peak season surcharges imposed by some liner companies kicked in as of Aug. 1.

DP World, the global container terminal operator, boosted first half net profit 10 percent from a year ago and said it expects the seasonal increase in trade and the contribution from new terminals to

A.P Moller-Maersk stormed back into the black with a $2.52 billion profit in the first half of 2010 and raised its full-year earnings forecast for the second time in two months on surging ocean contai

Vessel traffic and total tonnage declined at the Panama Canal during the quarter ending June 30, the Panama Canal Authority said Tuesday in a rare report of slowdown in the maritime industry's year of

The Containership Company will add the Port of Ningbo to its trans-Pacific service from China to Los Angeles, effective Sept. 10.

Container volume at the Port of Charleston increased 26 percent in July over the same month last year, giving the port its strongest month since October 2008.

Container volumes at California’s ports increased in July over the same month last year, with imports leading the way.

Union workers at India’s Port of Cochin Tuesday called a 72-hour strike, severely disrupting operations and cargo movements in the country’s southeastern region.

Evergreen Marine, operator of the world's fourth-largest container carrier by capacity, swung to a profit of $129 million in the second quarter ended June 30 from $62.2 million loss a year earlier.

Air freight forwarding grew at nearly triple the rate of ocean forwarding in the first half of 2010, a sign of volatile swings in capacity following last year’s contraction in shipping volume, a

Duisburg, the world’s largest inland port, boosted first-half container traffic by 29 percent from a year ago, almost double the growth at Europe’s top box hubs Rotterdam and Antwerp.

Hamburg’s container traffic edged up 4.3 percent in the first half of 2010 from a year ago, as Europe’s No.

HHLA, Hamburg’s biggest stevedore, raised its growth forecast for the year, saying it now expects container traffic to expand more than 10 percent in 2010 and operating margins will be 15 percen

Neptune Orient Lines said it finalized an order on Monday to build two new container ships with capacities of 10,700 20-foot-equivalent units that will be delivered in 2012.

CMA CGM took delivery on Monday morning in South Korea of the CMA CGM Corte Real, a very large container ship with a capacity of 13,830 20-foot equivalent units that is the third in a series of eight

Rickmers Maritime Trust, the Singapore-based container ship owner, reported on Monday second-quarter profit plunged 88 percent to $610,000 from $5.22 million in the same period of 2009 as one-time res

Container volume at APL grew 18 percent in the four weeks ending July 23 from the same period last year as rising rates pushed revenue per 40-foot container up 39 percent, the shipping subsidiary

Was it Christmas in July? Forecasters say this year’s double-digit growth in U.S.

Orient Overseas Container Line and Hanjin Shipping returned to profitability in the second quarter and say they’re cautiously optimistic the good times will continue.

The Brussels-based organization that lobbied the European Union on behalf of liner shipping companies ceased those efforts last month but is staying open as a trade association.