Container Shipping News

The idled container ship fleet shrunk by nearly one million 20-foot equivalent units in the past six months as ocean carriers launched new services to keep pace with rising cargo demand in the summer

The Federal Reserve’s monetary policy-setting arm last week increased its projections for U.S. GDP growth.

Truckers serving India’s Port of Jawaharlal Nehru called on DP World to take immediate remedial measures to ease congestion at its Nhava Sheva International Container Terminal.

In a strong sign that global container volume is rebounding from the global recession, Neptune Orient Lines reported Monday that the volume of containers carried by its liner subsidiary APL rose 34 pe

May was historic for Portland as the West Coast’s last operating port began the transition to its new status as a landlord port.

Lower-than-normal water levels in the Montreal area of the St.

Container ship lines may be "shooting themselves in the foot" by restoring vessel capacity faster than cargo volumes rise, a new report by Axis Intermodal UK warns.

The government of Peru declared a 60-day emergency in an effort to end a dock strike at Callao, the country’s largest port.

Container volumes at West Coast ports followed an upward trend in April, with most of the ports reporting increases in imports and exports.

With vessel capacity tightening and demand increasing on the trans-Atlantic, OOCL Thursday announced it will increase freight rates in both directions starting July 1.

Asian economies are leading the recovery of international container trade volume, but strong growth across the region could see pressure on freight infrastructure re-emerge, a senior executive of cont

The world’s top container lines lost an average of $1,500 per 20-foot equivalent unit of fleet capacity while racking up an estimated $15 billion in operating losses last year, AXS-Alphaliner re

Net profit for Transport Corp. of India surged 52 percent from a year earlier to $9.3 million in fiscal 2009-10 ended March 31, despite an 11 percent increase in operating expenses.

Antwerp –The port of Antwerp will hold a breakbulk “summit” next month aimed at boosting its presence in the general cargo sector following a significant decline in traffic in the pa

Exports of U.S. steel mill products jumped 29.2 percent in March from February, according to U.S. Government data.

The May 5 hearing by the House Committee on Transportation and Infrastructure into the Port of Los Angeles' clean-trucks program may spawn yet another investigation of the program, this one dealing wi

Oil spill-fighting equipment from Singapore, China and the UK and a team of salvage specialists from the Netherlands, all on aircraft charters coordinated by UK-based Chapman Freeborn, arrived in New

A federal judge in Delaware dismissed a shareholder suit that accused Horizon Lines and six current or former senior officers of misleading investors about a price-fixing conspiracy in the U.S.

Panalpina expects to more than double its shipments with food processing giant Cargill under a large new contract the forwarder announced Wednesday.

A balance of supporters and opponents of a proposed rule that could change the way non-vessel-operating common carriers do business will have their say before the Federal Maritime Commission on May 24

Ocean carriers operating to and from India plan to seek general rate increases aimed at taking advantage of surging demand on major trade lanes.

ANTWERP -- Freight rates for breakbulk and heavy lift cargoes still haven't bottomed out and aren't likely to recover until 2015 at the earliest, a leading industry executive said.

APL will join the INTTRA e-commerce portal, giving the platform important new reach in the ocean shipping world, the companies announced Tuesday.

The Port of Seattle’s import container traffic soared 70 percent in April over the same month a year ago, helping push overall volume at the port to its highest levels since 2008.

Economists are questioning how long U.S. consumers can maintain their current spending pace in the face of high unemployment, stagnant housing prices and reduced access to credit.

The embattled euro is poised to drop further but the economic impact on North American economies appears to be limited, economists from IHS Global Insight said.

Safmarine plans to launch its first direct, fully-containerized service between the Far East, the Arabian Gulf and the Horn of Africa next month.

Charleston’s container volume jumped 28.5 percent in April over the same month last year, marking the fourth straight month of double-digit increases, the South Carolina State Ports Authority re

Trailer Bridge narrowed its first-quarter net loss to $307,569 from $768,034 a year earlier as the U.S.-Puerto Rico carrier reported increases in revenue and operating income.

The watershed Los Angeles clean-truck lawsuit is one step closer to conclusion, with the port stating in its closing arguments that it is exempt from federal pre-emption law because it is a market par

Overall container volume at Germany’s Port of Hamburg slipped 4 percent to 1.8 million 20-foot equivalent units in the first quarter, but loaded containers posted a 1.6 percent increase.

The container volume handled by Georgia’s ports jumped by 25.6 percent in April, making five months in a row that they recorded double-digit growth.

DP World India took delivery of six rubber-tired gantry cranes that are to be installed at its International Container Transshipment Terminal, the country’s first deep-water transshipment facili

The International Register of Shipping opened an office in Singapore as part of its strategy to expand its worldwide presence.

One by one, the major shipping lines pushed to the brink of bankruptcy have received financial infusions enabling them to survive.

Ports on the Great Lakes, which traditionally handle dry and liquid bulk, breakbulk and project cargo, are looking at a future with containers.

At first blush, it makes sense that start-up carrier The Containership Co. chose the new Port of Taicang as its home base in China, but CEO Jakob Tolstrup-Moller said it was the other way around.

Nearly a month after an explosion destroyed the BP/Transocean Deepwater Horizon deep-sea drilling rig in the Gulf of Mexico, oil was still gushing from two leaks in the rig’s shattered well hous

CMA CGM will add calls at Mobile, Ala., and Pusan, Korea, to its Asia-Gulf of Mexico service, effective May 20, the company announced Friday.

Retailers, motor carriers and environmentalists have joined forces in the Southeast to develop a clean-air initiative to reduce harmful emissions from harbor trucks.