Container Shipping News

Neptune Orient Lines, Singapore-based parent of ocean container carrier APL, narrowed its first-quarter net loss to $98 million from $245 million a year earlier and said trends point to a return to pr

The Port of Savannah is using a modified silt suspension system to maintain a depth of 48 feet at four of its Garden City Terminal berths and to increase oxygen levels in the river.

The Port of Felixstowe reduced its carbon emissions 8.3 percent in 2009 compared with the previous year, the port announced in its annual Environmental Report.

HHLA, Hamburg's biggest stevedore, reported first quarter profit and revenue shrunk from a year ago but said container traffic is picking up.

International Container Terminal Services Inc. Wednesday signed a 25-year lease with the Port of Portland to operate the container and breakbulk facility at Terminal 6.

The Philadelphia Regional Port Authority, which last year postponed the bidding process for the design and construction of a new container terminal in the former Philadelphia Navy Yard, is again seeki

CMA CGM, building on a $270 million profit the carrier showed in the first quarter, expects to earn $1.8 billion on its operations for the year as a whole, according to Philippe Soulie, CEO of the Fre

Maersk Line is maintaining “tight management” of its vessel capacity despite rising cargo volume and rates, parent company A.P. Moller-Maersk said.

The Maersk Mathilde called at a port near Ho Chi Minh City Wednesday, as Maersk Line launched its new direct TP6 service between Vietnam and the U.S.

Seaspan lost $36.6 million in the first quarter ended March 31, compared to the profit of $24.2 million in the same period last year, the Hong Kong-based charter shipowner reported.

Hapag-Lloyd made a profit in the first three months of 2010 as increased cargo volume and higher freight rates ended a run of five consecutive quarters in the red.

At a time when vessel space in the trans-Pacific is at a premium, carriers value those customers that accurately predict their slot requirements and then meet those commitments throughout the life of

Ron Widdows, president and chief executive officer of NOL Group, and John Hemingway, chief executive officer and president of SSA Marine/Carrix, have been chosen as recipients of the 2010 Connie Award

A.P.

CMA CGM reached agreement with five South Korean shipyards that were building its orders for 42 new containerships to postpone delivery of 30 vessels that had been scheduled for delivery in 2010 throu

Automotive and hardware retailer Pep Boys will pay $5 million in civil penalties under a settlement in what the Environmental Protection Agency says is its largest case ever involving imported vehicle

CMA CGM and Maersk Line plan to launch a new weekly service in time for peak season, reflecting the recovery in demand on one of the world’s largest trade lanes.

Hyundai Intermodal, a unit of Hyundai Merchant Marine, will switch from Norfolk Southern to CSX Transportation as its eastern-U.S. railroad partner beginning June 1.

A consortium of Hanjin Shipping, Hyundai Merchant Marine, Yang Ming Line and United Arab Shipping Company will launch a container service between Asia and Southern Europe, starting at the end of May.<

Container ship charter rates are rallying strongly, growing an average of nearly 27 percent for some vessels in the past month, as ocean carriers scramble for extra capacity amid a strong rebound in c

Container traffic between China and the British Columbia port of Prince Rupert soared in the first quarter of this year, up 87.3 percent from the same period last year, the Prince Rupert Port Authorit

London Thamesport took delivery of a new ship-to-shore gantry crane manufactured by Zhenhua Port Machinery Company of Shanghai.

Hanjin Shipping lost $118 million in the first quarter ended March 31, down from the $191 million loss it suffered in the first quarter last year, and substantially lower than the $239 million it lost

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

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

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

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

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

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.

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&rsquo;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&rsquo;s bid to revive its breakbulk business suffered a serious setback with the loss of a 750,000-metric-ton-a-year contract.

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

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

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.

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 industrial real estate market didn&rsquo;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

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