Container Shipping News

CMA CGM will share space on Maersk Line’s FM3 service linking the Far East and Indian subcontinent, which will add a direct call at Shanghai.

SAN FRANCISCO — The Westbound Transpacific Stabilization Agreement, responding to criticism this year of carrier moves on rates and capacity, is forming an advisory board with shipper members to

Container carrier Samudera Shipping Line upgraded its feeder connections between India’s eastern Port of Kolkata and Singapore.

SAN FRANCISCO — Shipping lines are implementing measures in westbound Pacific lanes that should provide a long-term solution to capacity and equipment shortages hitting U.S.

Decrying ocean container carrier business practices, the head of the House Transportation and Infrastructure Committee called Thursday for the end of antitrust immunity for vessel operators in the Uni

Two 139-foot-long wind turbine blades transported recently in an Antonov AN-225 were the longest cargo pieces ever flown in an aircraft, said logistics provider Geodis Wilson, which managed the shipme

Rickmers Maritime, the Singapore-listed container ship charter owner whose survival during the trade and economic recession was in doubt, won a five-year extension to repay a $130 million top-up loan

Danaos, the Greek container ship owner, said it re-chartered six vessels, including some of its oldest ships, reflecting the improving conditions in the container ship charter market.

Major ocean carriers plan to raise rates on India-U.S. trade lanes as demand picks up.

Maersk Line and Hamburg Sud will add a second string in their service between Asia, South Africa and the East Coast of South America in July in response to increased cargo demand during the peak shipp

Container traffic at major ports in India for the April-May period increased by 21 percent over the same period last year, the Indian Ports Association said in a statement on Wednesday.

Cargo volume at major ports in India grew 3.5 percent in the April-May period compared with a year earlier, according to latest traffic figures released by the Indian Ports Association.

The Panama Canal Authority awarded Belgian maritime projects specialist Dredging International a contract to dredge the man-made Gatun Lake, a major step in expanding the canal’s ability to hand

Charter operator Euroseas, joining an increasingly lively market for container ships, announced the purchase Monday of a used Handysize vessel, bringing its fleet to 16 ships.

Rickmers-Linie launched a breakbulk, project cargo and heavy-lift liner service linking North Asia with the U.S. East Coast and South America.

Israeli ocean container carrier Zim Integrated Shipping Services has signed a non-binding agreement to sell its stake in an unnamed non-Israeli marine services company for between $130 million and $17

Container lines are steadily returning vessel strings to the trans-Pacific trade, but not fast enough to relieve capacity constraints in both directions.

Bad news was everywhere at the end of May: The Dow was plunging 300 points, North and South Korea were rattling sabers, the eurozone crisis was threatening to spread, and an underwater gusher of crude

President Obama’s goal of doubling U.S. exports within five years generated a set of nation-specific marketing plans, according to a senior U.S. trade official.

Seaspan said it bought a new container ship this week from China’s Zheijiang Shipbuilding, the first vessel the maritime charter operator has purchased since 2007.

ACL/Grimaldi will start calling at Savannah with its West African Service in early July, the Georgia Ports Authority said Friday.

OOCL said Friday it will raise freight rates on southbound cargo it transports from Asia to New Zealand as of July 15.

UTi Worldwide says it is raising prices for shippers after the global freight forwarder saw its profit margins squeezed amid rapid growth in demand in the company’s fiscal first quarter.

Fairstar Heavy Transport has ordered two heavy-lift ships from China’s Guangzhou Shipyards International in a deal worth around $204 million.

Danaos, the Greek container ship charter owner, swung to a $101.1 million first quarter net loss from a $20 million profit a year ago due to losses on interest rate swaps and the cost of cancelling an

The clean-trucks program and other pollution-reduction measures slashed harmful diesel emissions at Los Angeles last year, according to the port's 2009 air emissions inventory.

Ceres Terminals signed a lease for 12 additional acres at the Port of Baltimore’s Dundalk Marine Terminal, the Maryland Port Administration said Thursday.

CMA CGM announced its West Africa Express [WAX] service to Asia will call at the South African port of Durban.

Two vessels hijacked by Somali pirates were retaken on Wednesday in separate incidents and a third vessel managed to avoid capture when it outran pirates.

Horizon Lines elected three Class II directors at its annual meeting Wednesday and re-elected CEO Charles G. Raymond as its chairman.

Ocean carriers have absorbed nearly 100 container ships with a combined capacity of 554,000 20-foot equivalent units by introducing extra slow steaming on key liner trade routes, according to a new re

Inventories at Cisco Systems increased 16.4 percent in value, to $1.3 billion, in its most recent quarter ending May 1, the company said.

Steel shipments through the Port of Houston hit a 12-month high in April as container volumes dropped 14 percent from the comparable month in 2009.

Maersk Line is offering shippers the option of paying a fee for priority loading of their cargo on a particular vessel on many global services, except those to and from North America.

Hapag-Lloyd plans to raise freight rates on major trade lanes covering the Indian subcontinent and the Middle East, starting in early July.

Six international engineering companies submitted bids Tuesday to dredge an area of the Panama Canal’s man-made Gatun Lake that is central to the massive project to upgrade the canal and its cap

Orient Overseas Container Lines took delivery Tuesday of the last in a line of 16 vessels with a capacity of 4,578 20-foot equivalent container units that it ordered from Samsung Heavy Industries.

The European Union is launching an investigation into whether the largest container lines have engaged in price-fixing, according to the Wall Street Journal.

Net profit for the Shipping Corporation of India fell 60 percent to $82 million in the year ending March 31 as the global economic downturn hit the national carrier.