Container Shipping News

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

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

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

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

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.

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.

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

Hanjin Shipping returned to profitability in the second quarter as its container volume jumped 16.7 percent and freight rates rose.

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

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.

The Port of Los Angeles says it will use a $731,000 Environmental Protection Agency grant to buy and test a battery-

TRAC Intermodal said Tuesday it will start renting chassis to port truckers on a short-to-medium term basis.

Hapag-Lloyd will launch an Atlantic Express Shuttle between North Europe and the East Coast of North America, effective Sept. 25.

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.

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.

Spot prices for trans-Pacific ocean container shipping jumped 8.2 percent in the week ending Aug.

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.

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.

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.

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.

Danmar Lines, DHL Global Forwarding's in-house carrier, launched two direct less-than-container-load services from Shenzhen, China, to Europe.

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.

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.

Container volume at West Coast ports increased 15 percent in the first six months of 2010 compared to the same period in 2009, according to the Pacific Maritime Ass

U.S. manufacturing growth slowed for the third straight month in July as the sector's year-long recovery showed new signs of weakness, the Institute for Supply Management reported.

Expansion of Chinese manufacturing activity slowed in July, according to an independent survey and a Chinese government report.

Container throughput at the Port of Savannah increased 34 percent in June to 240,734 20-foot equivalent container units, compared with 179,451 TEUs the previous June.

Unionized truckers in India delayed for 10 days a nationwide strike planned for Aug. 6, temporarily averting disruptions in the country’s road transport sector.

Seacastle Chassis, the largest lessor of marine and domestic chassis, is changing its name TRAC Intermodal.

More than halfway into a year that’s been a seller’s market for freight transportation of all kinds, the surge in ocean container rates may be losing steam.

The Senate isn’t giving up on scanning all maritime containers arriving in the U.S., but lawmakers appear willing to ease the law to make it more palatable to opponents at home and abroad.

When the Obama administration completed the paperwork to release $100 million in a stimulus grant to help untangle Chicago’s time-wasting web of railroad tracks and city streets, it tied the spe

Swift Transportation pulls up to Wall Street a different company than the one that left the stock exchange in 2007. Swift isn’t just smaller, it’s more intermodal.

Net profit for the state-owned Shipping Corporation of India surged 60 percent from a year earlier to $41 million in the first quarter of fiscal 2010-11 ending June 30.

Container volume at the Port of Vancouver, B.C., increased 12 percent in the first six months of 2010 as demand for consumer goods rebounded from last year’s recession.

Southern California’s ports recognized a trucking company, a scrap recycler, a marine terminal operator, a tugboat company and a port pilot service this week for taking extraordinary steps to re

The prospects of renewed southbound services, direct links with Asia and new intermodal connections excite the U.S. Gulf’s major container ports.

The last steam-powered vessel in Rand Logistics’ Great Lakes fleet will be converted to diesel power next year, the bulk freight shipping company said.

Higher rates and a surge in volume from China produced a 75 percent increase in Matson Navigation second-quarter operating profit,

Finnlines, the Finnish short sea shipping line, reported sharply higher second-quarter earnings and revenue, driven by a recovery in North Sea and Baltic roll on-roll off traffic.