Container Shipping News

The Halifax Port Authority said it reached agreement with its two main container terminal operators, Cerescorp and Halterm, on setting performance standards designed to increase the speed of the impor

U.S.

Glass and ceramics manufacturer Corning said a rebound in global auto sales caught the company with such tight inventories that during the first quarter the company had to send its emissions-control f

Mediterranean Shipping Company will implement a new general rate increase on the westbound trades from India to Europe.

Steel volume is showing some signs of improvement, Port of Houston CEO Alec Dreyer said during his monthly financial report to the Board of Commissioners.

A.P. Moller-Maersk agreed to sell its stake in the Yantian container terminal in China to a subsidiary of China's COSCO Pacific for $520 million, the company said Thursday.

The port and city of Los Angeles rested their case after testimony Wednesday in the clean-trucks suit brought by the American Trucking Associations. Judge Christina A.

Drewry Shipping Consultants appointed Philip Damas a director of the company, with responsibility for developing Drewry Supply Chain Advisors, the specialist supply chain consulting practice within th

PIERS Global Intelligence Solutions raised its forecast for U.S.

Federal Maritime Commissioner Rebecca Dye will be in New York May 11-13 to conduct interviews for her fact-finding mission on vessel and equipment capacity.

China’s Cosco Group reported a loss of $1.1 billion for 2009 as the weak economy hammered the company’s container, dry bulk and terminal businesses.

The port of Antwerp's bid to revive its breakbulk business suffered a serious setback with the loss of a 750,000 metric tons-a-year contract.

The Panama Canal Authority will skip any toll increases this year and proposes to overhaul its toll structure starting Jan. 1, 2011.

Steel imports to the United States in March rose 24.5 percent from February and 27.9 percent from March 2009, according to preliminary statistics from the American Institute for International Steel.

Orient Overseas Container Line unveiled a carbon calculator that will assist its customers in measuring the carbon dioxide emissions in their supply chains.

Economic recovery will generate 8.5 percent growth in global shipping volume this year, with Asia-to-North America volume rising 10 percent, according to a forecast by IHS Global Insight's World Trade

Japanese ocean carrier “K” Line reported a $738.6 million loss in its fiscal year ended March 31 but said it expects to return to profitability this year with a forecast 13 percent growth

NYK Line, Japan’s largest shipping operator, posted a net loss of $187.5 million for its fiscal year ended March 31, compared with a loss of $556 million a year earlier, as rates and volume bega

Japanese carrier Mitsui O.S.K. Lines said its profit plunged 90 percent for its fiscal year ended March 31, but income from its bulk carrier division offset losses from container shipping.

CSAV, the financially troubled Chilean container shipping line bailed out by shareholders, banks and German charter shipowners, heads the list of ocean carriers that have expanded cargo capacity over

Rickmers Maritime Trust reported first quarter earnings declined 51 percent from a year ago.

Officials with the Consumer Product Safety Commission and Customs and Border Protection on Monday signed an agreement giving CPSC inspectors access to Customs’ Automated Commercial System.

Atlantic Container Line will stop providing chassis for trucking moves in three areas of the U.S. market, effective June 1.

The volume of 40-foot containers handled by APL jumped by 32 percent and the average revenue per container climbed by 12 percent in the four weeks from March 6 to April 2 compared to the same period l

Seaspan Monday took delivery of an 8,500-unit containership named the Cosco Philippines from Hyundai Heavy Industries in South Korea on April 23.

CMA CGM will seek a new general rate increase on all westbound cargo moving on its EPIC Service from India and Pakistan to Europe and the Mediterranean, starting May 10.

Two of the largest conventional refrigerated shipping lines, Seatrade Group and Alpha Reefer Transport, are pooling vessels in a bid to cut costs and boost efficiency.

The Port of Marseilles increased container traffic by seventeen percent in the first quarter compared with a year ago and is set for further gains with the launch of new services to North America and

DP World, the global container terminal operator, said first quarter traffic grew 15 percent from a year ago and would contribute to improved earnings in 2010.

A sharp east-west difference of opinion is dividing the maritime community in New York harbor.

Container ships plying the trade between North America and North Europe are running close to full in both directions this spring.

Dell Computer may be second among PC providers in the U.S., but its supply chain is No. 1.

Maersk Line formally announced Friday it will begin a pilot test of imposing a $10-per-container fee on U.S. export containers that do not arrive at their load ports starting on May 1.

U.S.

Hamburg Süd announced Friday that it will apply a general rate increase on June 1 to all cargo moving from U.S. West Coast ports and Vancouver to Europe.

Rickmers Maritime Trust, the Singapore-based container affiliate of Rickmers Group, moved to pull itself out of its financial troubles with three initiatives it announced Friday.

Fesco, Russia's biggest ocean carrier, said its ships carried 22 percent more containers in the first quarter than a year ago while traffic at its box terminals grew even faster.

Maersk Line plans to expand its Direct Chassis Link program to the Gulf and the Pacific Northwest port areas as of June 1.

Hong Kong-based T.S.

Third-party logistics giant C.H.