Container Shipping News

APL on Wednesday named Gene Seroka as its new president for the Americas, replacing John Bowe, who is leaving the company in June.

Container traffic in the port of Antwerp surged 15.9 percent in the first quarter from a year ago, consolidating its position as Europe's second largest box hub.

China Shipping Container Lines posted a full-year loss of $951 million in 2009 compared with a restated profit of $6.9 million in 2008, the Shanghai- based company said Wednesday.

Japanese international trade fell 21 percent in fiscal 2009, which ended on March 31, returning the country to a trade surplus as imports slumped much more rapidly than exports, according to prelimina

After two months of relative stability, the spot rate for shipping a 40-foot container from Hong Kong to Los Angeles climbed 6 percent to almost $2,000 per FEU in the week ended April 19 as the scarci

The Obama Administration will consolidate licensing, control lists and data systems to bring a “Byzantine” export control system into a single office, Defense Secretary Robert Gates said T

Container traffic at Chinese ports reached an all time high in the first quarter of the year, driven by a strong rebound in the nation's foreign trade.

Container throughput at the Port of Halifax increased by 41.4 percent to 99,450 TEUs from the same quarter last year.

Hapag-Lloyd will implement a general rate increase for cargo moving on its services from the Indian Subcontinent and Southeast Asia to New Zealand.

The Port of Charleston’s container traffic increased by 24.4 percent in March compared to a year earlier, for the third month in a row of year-over-year volume increases.

CMA CGM took delivery Tuesday of the CMA CGM Figaro, a new containership with a nominal capacity of 8,500 20-foot equivalent units, built by Samsung Heavy Industries at its shipyard in South Korea.

Hamburg Sud said Tuesday that its 2009 revenue dropped 28 percent from the previous year to $4.3 billion as the volume of containers it carried fell 13 percent to 2.3 million 20-foot equivalent units.

While the latest container trade data suggests container shipping may have entered a real recovery phase, Drewry Shipping Consultants cautions that comparisons with the depth of the recession in 2009

Chilean carrier CSAV has launched a weekly North China-U.S. East Coast service that will operate via the Panama Canal.

In the wake of the annual summit last week of the CKYH Alliance among Cosco, “K” LINE, Yang Ming, and Hanjin Shipping, the carriers’ four CEOs announced they are changing its name to

When electronics giant Sony got offers from ocean container carriers in 2009 for rates 75 percent lower than the previous year, the company had “burning discussions” about the impact of su

Ocean car carrier executives are hunkering down for a long drawn-out recovery from the deepest recession in a generation.

After a historically down year characterized as “devastating” by one port executive, imports and exports are accelerating at major U.S. automobile ports.

The trade rebound in the eastbound Pacific has exceeded the expectations of ocean carriers, and the lines are itching to bring back vessel strings they idled during the disastrous recession of 2008-09

Wan Hai Lines will join the India-Far East Express Service operated by a consortium of Shipping Corp. of India, Pacific International Lines and “K” Line.

U.S. Transportation Secretary Ray LaHood said the construction work under way to expand the Panama Canal “will have a profound impact on the way goods move around the world.”

Leading German container shipowners have acquired a stake of around 18 percent in CSAV, finalizing a 2009 deal that involved cutting charter rates for the Chilean ocean carrier.

CMA CGM plans to increase the frequency of its Black Pearl Service between Jamaica and New York and Halifax to weekly sailings from biweekly.

Japanese export ship orders sank at their fastest pace in 17 years in fiscal 2009, which ended on March 31, due to ship owners' flagging demand for new vessels, according to figures released by the Ja

The ports of Los Angeles and Long Beach turned in another winning month in March, with container volume in Long Beach up 13 percent over March 2009.

North American intermodal service provider Hub Group is buying 2,000 new 53-foot domestic containers for about $19.2 million, which would increase its fleet of those boxes by a third.

Environmental and labor interests warned Thursday that the clean-air benefits being realized today by the introduction of thousands of new trucks in Los Angeles-Long Beach harbor will be lost in subse

Tokyo Senpaku Kaisha, part of Japanese carrier NYK Line, ended a vessel sharing agreement with Orient Overseas Container Line and Cosco Container Line covering the Middle East Express Service.

Despite a healthy early start for Great Lakes shipping this year, steamship lines and their U.S.

Freight forwarder Panalpina last week chartered the only extant Antonov AN-225 freighter aircraft to move two laser welding machines with a combined weight of about 150 metric tons.

Cosco Container Lines said Tuesday it will restore capacity on its weekly North China-U.S.

OOIL Group Chairman CC Tung said Tuesday that it could take three to four years before the container industry works its way out of the glut of vessel capacity that hangs over the market.

LONDON ---Emerging markets offer the best opportunities for trade and investment by the container industry in this year’s slow-growth environment, according to Richard Mitchell, chief commercial

LONDON -- Europe-based shipping industry analyst group Seabury projected Tuesday that global ocean container trade will grow about 11 percent this year over 2009 despite a stronger showing early in th

Wallenius Wilhelmsen Logistics won the contract to manage vehicle processing and outbound yard management at Honda’s plant in Lincoln, Alabama.

The number of laid-up container ships above 5,000 20-foot equivalent units capacity has shrunk to the lowest level in over 14 months, largely due to slow steaming.

The U.S. trade deficit widened in February as rising imports of consumer and industrial goods offset a small increase in exports, the Commerce Department said.

The chief executive of ship leasing company Seaspan says pain from the global trade downturn likely has not been deep enough to bring needed consolidation and efficiency to the container shipping indu

Mediterranean Shipping Co. will raise prices on U.S.-South America trade lanes next month, taking this year’s rate increases to new markets, the carrier announced Monday.

Electronics giant Sony will change the way it manages shipping contracts, adding quarterly reviews to its annual agreements after unprecedented volatility in international container shipping rates ove