Container Shipping News

Breakbulk may be the Cinderella cargo on the European waterfront as ports struggle to emerge from the deepest recession in a generation.

For generations, unloading tropical fruits from incoming ships and reloading them onto land-based transportation has been a labor-intensive, low-technology business, even at modern European ports such

Shipowners or operators who pay ransom to Somali pirates could face U.S. civil penalties or criminal prosecution under a White House “Executive Order concerning Somalia.”

Jumbo Offshore, a division of Jumbo Shipping, recently completed a short series of tests of its installation capabilities in fast tidal current velocities.

The world economy is clearly recovering, according to the International Monetary Fund, but some regions are revving up much faster than others.

Ease of trade is as important as tariff reductions when it comes to helping a developing country boost its imports and exports, according to a recent report from the World Bank.

Heavy-load carriers, like their breakbulk brethren, are adding lift capacity, flexible hold configurations, specialized dynamic positioning systems and other complicated and customized fixtures to the

Terminal operator Euroports Holdings testifies to the potential of breakbulk cargo, having in just four years built up a business with 2009 revenues of about US$675 million from handling 55 million me

It certainly isn’t the first time ocean carriers and importers have disagreed, and it won’t be the last, but the outcome could determine the fate of U.S.

In these imprecise economic times, the future of the breakbulk and heavy-lift shipping sector is as difficult to determine as the direction of the wind.

Not too long ago, a “heavy-lift” cargo referred to a piece weighing as much as 100 tons.

The idea that roll-on, roll-off carriers might be infatuated with high and heavy cargo is not a new one, but it has happened again.

The Port of Galveston wants to get back into the container business.

Conti-lines dates back to 1923. The Antwerp-based vessel operator was originally known as Continental Lines and operated two vessels in a service between Antwerp and London.

Project forwarders today are finding themselves shouldering an increasing level of risk compared to the rest of the supply chain, logistics executives concur.

The transportation of wind energy components stalled out in 2009 along with other shipments in the project cargo sector, but the market is stirring back to life.

Reliance on a single cargo can be risky, but in the case of Conti-Lines, a focus on steel is helping speed the Antwerp-based multipurpose carrier’s recovery from the global recession, according

Water covers up to 75 percent of the Earth, but only a tiny fraction is fit to drink.

The Port of Antwerp’s bid to revive its breakbulk business suffered a serious setback with the loss of a 750,000-metric-ton-a-year contract.

The industrial real estate market didn’t drop as far or as hard as the housing market, but for much of the commercial property world, 2009 was a dismal year that saw property values, rents and o

In early May, super heavy-lift carrier Dockwise announced two awards for transport and installation projects and two for routine marine infrastructure transport.

Economists surveyed for the April issue of Consensus Economics expect G-7 and western European nations to require several years to climb out of the economic hole of 2009.

The transportation sector in Chile has yet to fully recover after a major earthquake and tsunami struck the south-central region of the country two months ago.

The breakbulk sector of the shipping industry, as fragmented as the view through a kaleidoscope, has always been opaque and difficult to quantify.

Opportunity beckons in the Asian and Australian project cargo markets, and heavy-lift carriers including Coscol, SE Shipping and Austral Asia Line are positioning themselves to participate.

Heavy-load carrier Dockwise suffered a net loss of $3.4 million (before non-recurring items) on revenue of $95 million for the first quarter.

Malaysian carrier MISC Berhad on Friday reported its profit before tax in the fourth quarter ended March 31 rose 49.3 percent to $85.2 million mainly due to higher profits in LNG and offshore oil supp

Container shipments from Asia to Europe surged 20 percent in the first quarter from a year ago as the rebound in traffic that started in the final three months of 2009 continued into 2010, according t

A. P. Moller-Maersk sold its Premier Technical Plastics subsidiary to McCalmont Industries by means of a management buyout to its president Jim McCalmont.

Container lessor Textainer Group Holdings Ltd.

Forwarder and heavy transport provider Magdenli Transport and Trade recently handled out-of-gauge component moves for several Turkish wind and natural gas projects using a new 500-ton-capacity mobile

DHL launched a direct less-than-container-load service connecting Cochin, India, to Europe, North America and other markets via the Port of Colombo, Sri Lanka.

Zim Integrated Shipping Services, seeking to improve a balance sheet hit hard by the global trade downturn, is in negotiations to sell unspecified holdings in two non-Israeli companies, according to a

Trailer Bridge has won dismissal from a civil class-action lawsuit alleging antitrust violations by carriers in the U.S. mainland-Puerto Rico trade.

The spot rate for shipping a 40-foot container from Hong Kong to Los Angeles jumped to $2,189 per FEU in the week ended May 3, according to data collected by Drewry Shipping Consultants.

CMA CGM, which has been unable to complete negotiations with a consortium of lenders to restructure $7 billion in debt, is considering a public listing of its stock as part of a package of measures ai

Ocean container carriers could start ordering new ships within 12 months, driven by a rapidly shrinking order book and an improving global trade outlook.

The Port of Portland has reached a tentative lease agreement with International Container Terminal Services Inc. to operate its container and breakbulk facility at Terminal 6.

The tonnage of container traffic handled by the Port of Montreal increased by 11.1 percent for the first three months of the year, to 2,927,394 metric tons from 2,636,080 metric tons in the same quart

The Containership Company, the newest entrant in the trans-Pacific trade, began its service on a promising note as the Taicang Dragon arrived at the TraPac terminal at the Port of Los Angeles with 77