Container Shipping News

Neptune Orient Lines formed a new wholly owned subsidiary called Triton Shipping in Singapore to arrange financing for two new vessels with capacities of 10,000 20-foot equivalent units that it ordere

It may be a foregone conclusion Asia-to-U.S. trans-Pacific carriers will raise freight rates this year, U.S.

Almost everyone believes exports are a cure for many of the ailments afflicting the U.S. economy. They can help close the huge U.S.

When it comes to measuring productivity at marine terminals, The Tioga Group has some advice: Look to the gates, not the acres.

Maersk Line plans to add a direct, all water call from South Vietnam to the U.S. West Coast to its Trans-Pacific 6 service.

Ocean container carriers are set to boost capacity by around 785,000 20-foot equivalent units in the coming four months, threatening the recent rise in liner freight rates, a leading industry analyst

With a wallet full of fresh investment capital from ABS Capital Partners, INTTRA is expanding its e-commerce booking services into East Asia with the opening of a new development center in China and a

Zim Integrated Shipping Services swung to a net profit of $81 million in the fourth quarter of 2009 from a $199 million loss a year ago as it increased container traffic from the previous three months

Grand Alliance member carriers Hapag-Lloyd, NYK, and OOCL plan to add a direct call at Vietnam’s Cai Mep deepwater port to their South China Sea Japan Express starting in May.

MISC Berhad launched a container service, called the East India Service (EIS), connecting Yangon, Myanmar, and Chennai, India.

The global container shipping industry should go slow in bringing back to service hundreds of ships idled during the recession, otherwise the sector will extend losses which are estimated at $15 billi

Ports America, the largest U.S. terminal operator, named a new president and CEO from outside its ranks on Thursday.

A shipment of 857 pieces of carbon steel seamless pipe from China was successfully delivered recently to North Oil Co. — a division of the Iraqi Ministry of Oil — in Kirkuk, Iraq.

Operating in the shadow of one of the world’s biggest container ports might intimidate a much smaller neighbor, but it hasn’t fazed the Port of Jurong in Singapore.

Although Colombia relies on hydroelectric power for its basic electricity supply, when rainfall is low, the country turns to power plants run by natural gas and other fuels.

The secret to moving project cargo in Colombia is improvization, companies such as Kuehne + Nagel say.

Colombia has almost come full circle in the past two decades, evolving from a country that in the 1990s suffered an exodus of foreign investors because of rampant political insecurity to the attractiv

RollDock Shipping recently placed its first of eight new specialized heavy-lift vessels into service.

One of Intermarine’s most recent shipments began in December when it loaded two massive cold boxes for a liquefied natural gas plant under construction in the West African nation of Angola.

The market for breakbulk and project cargo is in terrible shape.

The catastrophic, 8.8 magnitude earthquake that rocked Chile on Feb. 27 killed more than 500 people and left behind a shambles of infrastructure, with damages topping $30 billion.

After an awful 2009, companies involved in international steel trade have started this year with cautious optimism – and plenty of questions.

Barges, the tortoises of the maritime industry, have “huge stability” but also come with a unique set of potential problems, said Capt.

Moving pieces of project cargo that weigh hundreds of metric tons or are five stories tall or higher from point A to point B can be a challenge of monumental proportions.

India’s mountain of infrastructure shortcomings have been the bane of the shipping industry for decades.

Sea Star Line, which operates container/roll-on, roll-off ships between Jacksonville, Fla., and Puerto Rico, will add a weekly call at Philadelphia next month, the Philadelphia Regional Port Authority

India has survived the global recession relatively unscathed.

The Supreme Court may have to decide whether or not ocean carriers will be considered “railroads” for cargo liability purposes after oral arguments on Wednesday morning.

A pirate died in a hail of bullets in a clash with private security contractors protecting a Panama-flag cargo vessel off the coast of Somalia, officials said Wednesday, according to the Associated Pr

Zebra Enterprise Solutions launched operating software designed for terminals that move less than 120,000 20-foot equivalent units a year.

Hamburg Süd said one of its services between Europe and Turkey will start calling at the TCEEGE Terminal in Aliaga, Turkey, instead of the Alsancak terminal in nearby Izmir.

Damco, the logistics arm of A.P. Moller-Maersk, will open its largest office in a new facility in Chengdu, the capital of the Sichuan province in China.

Rickmers Maritime Trust chartered a containership of 5,060 20-foot equivalent units capacity to CSAV, the Chilean ocean carrier, for 12 months with an option for a further 12 months at a much higher r

DP World, the global container terminal operator, posted a 46 percent drop in 2009 profit compared with a year earlier but said signs of recovery in cargo volume began in the new year.

Japan's exports to the rest of the world rose for the third consecutive month in February, surging 45.3 percent compared with a year earlier to $56.99 billion, according to preliminary figures release

The Port of Seattle saw huge gains in container volume in February, while container volumes at its Pacific Northwest neighbors Tacoma and Portland were mostly down compared to the same month last year

The volume of containers handled by the Port of Savannah jumped 20.6 percent year-over-year to 202,620 20-foot equivalent units in February as the overall tonnage handled by Georgia’s ports incr

Taking advantage of the up-tick in demand for shipping capacity since last fall, CMA CGM announced on Tuesday that it is increasing freight rates on 11 different trade lanes on March 15 and April 1.

Hapag-Lloyd will raise freight rates on two major trade lanes covering the Indian Subcontinent, starting in April.

An independent auditor expressed “significant” doubt over whether Rickmers Maritime Trust can continue as a going concern.