Container Shipping News

DP World negotiated an extension of its contract to operate the container terminals in the Port of Maputo, Mozambique, to 2033 with an option to extend for a further 10 years.

The Drewry trans-Pacific Container Rate Benchmark jumped 18.9 percent in the past week to the highest level ever in the five-year history of the trans-Pacific spot pricing index.

Maersk Line said it will start manufacturing new containers in response to an “unprecedented” sh

Hapag-Lloyd and Evergreen Line announced plans to increase rates on some of their India services.

Severe terminal congestion at India’s Port of Jawaharlal Nehru prompted shipping lines to divert northern hinterland cargo to neighboring west coast ports such as Pipavav and Mundra.

The first vessel on a new all-water service operated jointly by MOL and “K” Line called at Jacksonville early Wednesday.

U.S.

DHL Global Forwarding and sister company Danmar Lines are launching a trans-Atlantic expedited less-than-containerload service connecting 19 European ports and New York.

The port of Felixstowe took delivery of three of the world's biggest ship-to-shore gantry cranes for its new deepwater container terminal.

Maersk Line is telling its customers to expect a shortage of container availability for exports out of Asia lasting through the peak season.

Panama’s Cabinet Council on Tuesday approved the Panama Canal Authority’s proposed toll increases, which will result in tolls on container ships rising nearly 14 percent when they tak

Although the volume of containers passing through the Port of Rotterdam dropped by 10 percent in 2009, the share of container volume transshipped through the port rose to 30 percent from 28 percent in

“K” Line acquired a 51 percent share in the U.S.-based logistics service provider Air Tiger Express Companies.

Economic growth in the U.S.

The Federal Maritime Commission on June 23 will review preliminary findings in its fact-finding on vessel capacity and equipment availability for U.S. shippers.

Charleston’s container volume climbed more than 22 percent in May over the same month last year, with 68,238 pier containers handled, about the same as in April.

APL Ltd. was chosen as the top carrier for the second consecutive year in the Agriculture Transportation Coalition's annual survey of ocean carrier performance.

The Containerization & Intermodal Institute said Tuesday it will present the 2010 East Coast-based Connie Awards to J. Russell Bruner, Chairman and CEO of Maersk Inc., and James I.

The Port of Salalah appointed Shiva Dean to the position of chief commercial officer.

Container carrier APL entered a vessel-sharing agreement with Hapag-Lloyd, CMA CGM, NYK Line and Orient Overseas Container Line on the India-America-Express Service, effective this month.

Cargo handled at leading French port Marseilles Fos through May reached 36.6 million metric tons -- up 6 percent on the first five months last year – with container throughput contributing a 16

Container traffic through Chinese ports hit an all-time monthly high of 12.44 million 20-foot equivalent units in May as the nation's foreign trade surged by nearly 50 percent from a year ago.

Two men were arrested and a third was found dead Monday at the Wando Welch Terminal at the port of Charleston after they stowed away in a cargo container from the Dominican Republic, according to news

The U.S. Export-Import Bank and the government of Vietnam signed an agreement June 14 that would offer $500 million in Ex-Im financial backing for sales of U.S.

OOCL said Monday it will extend and upgrade its intra-Asia KTX3 service as of June 27 with new calls at Singapore, Jakarta and Port Kelang, and increased frequency to and from Jakarta.

OOCL said Monday it is increasing freight rates as of July 15 for cargo it transports from Northeast Asia (China, Hong Kong, Taiwan, Japan and Korea) to Australia.

Canadian National Railway and container facility operator TSI Terminal Systems inked what they called a “supply chain collaboration agreement” aimed at improving turnaround times for conta

OOCL said Monday it launched a new technology called Mobile Vessel Tracking that enables shippers to search and track any OOCL vessel using their mobile devices.

West Coast ports face political threats that could stifle the nascent commercial recovery they are experiencing, according to the president of the organization that represents shipping lines and termi

Intra-Asia shipping is one of the world’s busiest container shipping areas, and a new free trade agreement between China and the Association of Southeast Asian Nations is aimed at meeting foreca

Is it a shortage or a deployment problem?

Technology market leader Intel is due to turn on the switch at its $1 billion integrated circuit packaging and testing plant in Ho Chi Minh City later this year, but there is far more at stake for shi

Bananas, coffee, melons, fruits and vegetables, tube socks, running shorts, jeans and t-shirts are heading north. Petrochemicals, paper products, mining equipment are transported south.

The Port of Gulfport, Miss., is still grappling with the legacy of Aug.

Containerized import volume into Southern California ports jumped 18.3 percent in May, as the shipping recovery at Los Angeles and Long Beach picked up speed and retailers pushed more goods out of Asi

Ocean vessel operators are watching talks in Congress over potential changes in oil pollution liability limits for the impact legislation responding to the Deepwater Horizon disaster could have on car

The Journal of Commerce’s Annual Top 100 Importers and Exporters ranking is based on data from PIERS Global Intelligence Solutions, a JOC sister company, and other industry sources.

International Longshoremen’s Association members in Hampton Roads refused to accept lower pay for handling uncontainerized cargo and for handling containers that move on a barge shuttle between

Maersk Line is set to unveil a peak-season surcharge on the Asia-Europe liner trades in mid-July.

An ocean carrier representative, responding to a sharp broadside from a congressional leader, said legislators should be cautious about imposing new regulations on container ship lines because of prob