Container Shipping News

In a sign of burgeoning U.S. trade demand, Evergreen Line plans to reintroduce a pendulum service covering the U.S.

The Department of Transportation is launching a formal marine highway program, announcing plans to fund the marine highway system through dedicated grants.

American Shipping Group, named Frank Peake as vice president Tuesday, and appointed Steve Hastings to succeed him as president of its affiliated company, Sea Star Line.

Cargo volume at major ports in India surged 5.68 percent in fiscal 2009-10 compared with a year earlier, the Indian Ports Association said in a statement on Tuesday.

Pirates attacked two merchant ships in the Gulf of Aden in the last two days, but both ships escaped.

Deliveries of new container ships are set to surge over the next three months, contributing to a near 10 percent growth in the global fleet in 2010.

HHLA, Hamburg's largest stevedore, is set to temporarily shutter one of its container terminals in response to a steep slump in cargo volume at Europe's third largest box hub.

The state-owned investment fund of the nation of Qatar is offering to pump $1 billion into financially-troubled CMA CGM to help bail out the world’s third-largest container ship operator, accord

Imports continue to gain traction at U.S. ports, with the container volume in April projected to increase 8 percent over the same month last year.

Tideworks Technology launched Intermodal Pro, a comprehensive terminal operating system for intermodal terminals.

Container throughput at India’s Port of Jawaharlal Nehru rose by 2.8 percent compared with the previous year in fiscal 2009-10 ended March 31, despite the slowdown in world trade.

MISC Berhad will open its own shipping agency in India as a joint venture with its existing third party agent, Crescent Shipping Agency India Ltd.

Hanjin Shipping introduced a new electronic booking system on Monday that it has been developing for the last two years in cooperation with Cyberlogitec and IBM GBS.

What a difference a year makes.

The U.S. Supreme Court is expected to unsnarl a tangle that leaves carriers and cargo owners questioning who should be liable for damages on cargoes shipped from a foreign port.

Customers should find the billing and invoicing process a lot more efficient — and accurate — at the world’s largest ocean container carrier when Maersk Line completes an overhaul of

The marine highways concept has a number of selling points.

Container terminal operators in Los Angeles-Long Beach have taken their lumps over the years because of congestion problems, but they have also been innovators in reducing gate delays through the Pier

Container ship charter rates are rebounding from all-time lows as ocean carriers lease more vessels to cope with an unexpected rush of cargo on long-haul trade routes.

London - A court barred a walkout by nearly 6,000 signal workers in what would have been the UK's first national rail strike in 16 years.

Mediterranean Shipping Co. will increase rates on exports from all the U.S. ports it serves as of May 1.

MOL, the only one of the three big Japanese shipping lines to project a profit in its 2009 fiscal year ended March 31, is setting a goal of generating revenue of $1.066 billion in fiscal 2010, ending

Hapag-Lloyd will seek a general rate increase on all cargo moving from India to the U.S. East and West Coasts, effective May 1.

Transportation interests agree that West Coast ports are well-positioned to capture a significant share of the cargo growth that will occur in the coming years, but they emphasized that the ports must

HHLA, Hamburg's largest stevedore, said earnings tumbled 55 percent in 2009 from a year ago as container traffic through Germany's biggest box port shrunk by a third.

Maersk Line will start imposing a $10 fee for “no-shows” on every container that shippers book for export on one of its trans-Pacific services that does not show up at the ports of Los Ang

A number of Asian carriers significantly trimmed the number of containerships they own over the last 15 months as they sought to reduce exposure to the fragile liner shipping markets, according to Alp

U.S.

Ship charter company Danaos swung to a $16.2 million loss in the fourth quarter of 2009 from a $23.8 million profit a year ago but reported stronger demand for larger vessels since the beginning of 20

Con-way Freight and TNT are expanding their trans-Atlantic partnership to include shipping U.S. exports to Europe, targeting freight shipments weighing more than 150 pounds.

Safmarine said it is reintroducing the ME 3 shipping service between the Mediterranean and West Central Asia.

Wallenius Wilhelmsen Logistics, the joint Swedish-Norwegian roll-on, roll-off carrier, is expanding its ocean services from North America to the Middle East due to a strengthening of demand in the reg

A.P. Moller-Maersk aims to cut operating costs by $500 million this year, it said in a company newsletter published on Monday.

European Union regulators cleared a joint venture between Luxembourg-based Euroports and DP World for a new container terminal in the port of Liege.

Middle East-based Simatech Shipping, Evergreen Line and Wan Hai Lines will launch a joint container service linking the Indian Subcontinent and East Africa, effective in May.

Neptune Orient Lines said Monday the volume of containers carried by its container line APL and the average yield per container both climbed during the four weeks from Feb.

Duisport, the operator of the world's biggest inland port at Duisburg, Germany, booked record revenue for the second year running in 2009.

All the ocean terminals in the Port of New York and New Jersey will be closed on Friday, April 2, because of Good Friday, which is an International Longshoremen’s Association holiday, the Port A

Maersk Line CEO Eivind Kolding predicted in Russia Sunday that the container line is "about to break even" as ocean freight rates jump, and predicted demand will be in the upper end of its f

President Obama named Alan D. Bersin to be U.S.