Container Shipping News

CMA CGM is seeking to put together a new investor group by a July 26 court deadline, according to Bloomberg News, which cited unidentified sources with direct knowledge of the matter.

APL initiated a peak-season service to the Port of Seattle. The P1A service with ships of 2,300-TEU capacity will call in Seattle every other Thursday through October.

Contract negotiations between office clerical workers and waterfront employers in Los Angeles-Long Beach moved into a slower phase this week, as workers left picket lines and returned to their jobs am

The CMA CGM Rabelais on Thursday completed its inaugural call at the Port of Seattle, setting a record at the terminal with more than 4,300 container moves.

U.S. steel exports declined 6.3 percent from April to May but through the first five months of the year were up 60.2 percent from the comparable period of 2009, government data show.

The North Carolina State Ports Authority postponed indefinitely its proposed new container terminal on the Cape Fear River downriver from Wilmington in the face of strong opposition from towns along t

Carrier and labor officials were in talks Thursday aimed at ending a lockout of longshore workers at the Port of Montreal and re-opening the port.

The Senate Commerce Committee on Wednesday grilled senior Department of Homeland Security officials for nearly two hours on gaps remaining in the country’s security grid.

CMA CGM took delivery Thursday in South Korea of the CMA CGM Amerigo Vespucci, the second of a series of eight large container ships named after the great explorers.

A Cranford, N.J., seller of gasification equipment and technology is tapping a federally guaranteed export finance loan to complete a deal with a metals recycler in Ankara, Turkey.

Orient Overseas Container Line will increase its freight rates on shipments from Asia to New Zealand by $250 per TEU, effective Aug. 15.

Office clerical workers and waterfront employers at the ports of Los Angeles and Long Beach said they would resume contract negotiations Wednesday.

Two exporters filed a complaint with the Federal Maritime Commission alleging unfair treatment by Hapag-Lloyd America and two non-vessel-operating common carriers.

Shipping executives say Congress should provide American maritime companies more financial support to improve the state of the U.S.-flag fleet.

Horizon Lines said Wednesday it will use Elizabeth, N.J., rather than Philadelphia, Pa., as its northeastern port for weekly sailings to San Juan, Puerto Rico.

Neptune Orient Lines said on Wednesday it placed an order for 10 new container ships with capacities of 8,400 20-foot-equivalent units.

Container vessels rode at anchor in the St. Lawrence River Wednesday as the Port of Montreal remained shut down for the third consecutive day and shippers expressed anxiety about growing costs.

Multipurpose heavy-lift carrier Chipolbrok launched a monthly liner service from Europe to the United States. Regular Europe load ports will be Antwerp or Rotterdam and regular U.S.

Toy maker Hasbro, trying to get in front of container shipping capacity shortages, is suggesting retailers should take products early this fall to avoid problems getting goods to consumer markets.

The Maritime Employers Association promised Tuesday to respond to a union settlement proposal on Thursday after locking out about 850 longshoremen at the Port of Montreal this week, causing the port t

Operations at most of China’s Port of Dalian resumed Tuesday as authorities worked to clean up an oil spill from a pipeline explosion that forced the port to shut down for several days.

Officials in Guam are investigating whether any of the thousands of spiders that poured out of a cargo ship at the port got onto land or posed a danger to the island’s environment and native spe

Europe's top port Rotterdam is getting congested as surging container imports from China overwhelm deep-sea terminals and interrupt feeder services to smaller regional ports.

Net profit for state-owned Container Corporation of India fell 3.5 percent from a year earlier to $41.2 million in the first quarter of fiscal 2010-11 ending June 30.

Neptune Orient Lines, parent of APL, the world’s fourth-largest container line, entered an agreement with Oversea-Chinese Banking and ING Bank for a term loan of $150 million.

Deliveries of new container ships will hit a record monthly high of 200,000 20-foot equivalent units in July, extending a year long influx of capacity that may stall the recent rise in ocean freight r

After falling for 15 months in a row, Japanese export ship orders rose for the seventh consecutive month in June on a year-on-year basis, surging 149.6 percent to 1,590,210 gross tons, according to fi

Contract negotiations between office clerical workers and waterfront employers in Los Angeles-Long Beach will resume on Wednesday, with representatives on both sides reporting that some progress was m

Maersk Line said it will apply a congestion surcharge on all import containers handled at India’s Port of Nhava Sheva (Jawaharlal Nehru), the country’s largest container gateway.

Hanjin Shipping plans to use its new container terminal at the southern Spanish port of Algeciras as a "beachhead" to challenge dominant European rivals on the West Africa and South America

Employers at the Port of Montreal locked out the 850 members of the longshore union Monday morning, bringing cargo handling at terminals to a standstill.

Container volume at APL grew 29 percent in the shipping line’s June reporting period over the same period a year ago, and yield advanced 32 percent as demand out of Asia picked up steam heading

Mediterranean Shipping Co. will impose a peak season surcharge on all shipments from the Far East to the U.S. East and West Coasts effective Aug.

Maher Terminals is cloning its Prince Rupert terminal, apparently reasoning that what works on the west coast can work on the east coast.

If you’re an industrial property owner near a major airport or seaport, get ready: That strong demand you’re seeing is about to get stronger.

Ocean carriers are worried they may become collateral damage as Congress seeks revenge against British Petroleum.

Life is becoming sweeter for container ship lines in general and Mediterranean Shipping Co. in particular.

The largest ships capable of transiting the Panama Canal are poised to achieve something container shipping hasn’t seen in years: balanced vessel supply and demand.

The threat of a strike loomed over the weekend at the Port of Montreal as the longshoremen’s union and employers held meetings separately Friday to discuss renewal of a labor contract for the un

The Port Newark Container Terminal, which has been experiencing severe truck congestion, will have special gate hours this Saturday, July 17.