Container Shipping News

Cosco President Zhang Liang expects to win the rate increase targeted by the Transpacific Stabilization Agreement in new contracts as world trade rebounds and shipping lines curb capacity.

The transportation industry may have gotten involved in pollution reduction later than most industries, and though the transition has been difficult, carriers and shippers no longer doubt the need fo

The news that A.P.

The Containership Company, a new Norwegian-registered liner company, will make its first U.S. call May 3 at the TraPac Container Terminal in Los Angeles.

OOCL announced Friday that it will no longer provide chassis for transportation of both import and export containers to and from container yards or retail stores originating from or destined to facili

U.S. exports of beef in January were higher than in January of 2009, but pork exports were lower, according to the U.S. Meat Export Federation.

The Army Corps of Engineers will open its Soo Locks four days early to launch the shipping season for Great Lakes freighters, after getting requests from users citing “an improved business clima

The European Shippers Council elected Jean Louis Cambon, head of Michelin Tire’s Ocean Management Committee as the new chairman of its Maritime Transport Council this week.

NEWPORT, R.I.--With the new Importer Security Filing rule still in its shakedown period, Customs and Border Protection is trying to help importers figure out the rule and its own responses to applicat

Hanjin Shipping will launch a new direct service between Asia and Mexico in mid-March when its China America Express Service begins calling at Manzanillo.

Large U.S.

President Obama on Thursday announced an export strategy that includes two high-level panels, financial support and advocacy for exporters, and a reform of antiquated export control laws.

Panalpina, the Swiss global forwarder and logistics services company, fell into the red in the final quarter of 2009 but said it expects ocean and air cargo volumes to recover this year.

President Obama planned to name CEOs from Boeing and Xerox to lead the President’s Export Council, a group aimed at pressing the president’s efforts to expand U.S.

China Shipping Container Line agreed to pay the Federal Maritime Commission $440,000 to settle alleged violations of the Shipping Act going back four years, the commission announced on Tuesday.

Evergreen Line and China Shipping Container Lines will launch a joint China-Philippines-Thailand Express Service in mid-March.

The rate of growth in Europe-Asia container traffic is picking up pace, and trans-Atlantic cargoes are growing modestly, according to the latest figures from ocean carriers.

Container traffic at major ports in India grew by almost 3 percent in the 11 months from April to February compared with a year earlier, the Indian Ports Association said in a statement.

Two of Japan’s largest shipping firms, NYK and “K” Line, reached agreements with shipbuilders to convert some container ship orders to orders for bulk carriers and other vessels, as

Container throughput at the Port of Hong Kong fell 14 percent in 2009, but fourth quarter figures signaled the beginning of a turnaround.

Ocean carriers are returning laid-up container ships to service at a faster pace to keep up with growing cargo volume, according to a new report by the Alphaliner consultancy.

“K” Line plans to develop a new method for scrapping ships in Japan rather than in low-cost developing countries by testing the methodology on one of its old ships, the “New York Hig

OOCL is limiting the acceptance of online booking requests, the company informed its U.S. customers on Monday.

The monthly increases in imports that began at the nation’s major container ports in December are expected to climb at single digit rates through the spring and accelerate to double-digit rates

Forth Ports, the UK's last listed ports operator, has rejected a $930 million takeover offer.

The carriers that belong to the Caribbean Shipowners Association voluntarily agreed to implement a peak season surcharge next fall, when cruise ships crowd berth space during their high season.

Mitsui O.S.K. Lines will open a route linking Laem Chabang, Singapore, Port Kelang, and India’s Port Chennai starting March 23, said Akimitsu Ashida, president of MOL.

Shippers caused container shipping's deepest crisis by exploiting overcapacity to drive down freight rates below vessel operating costs, the head of Mediterranean Shipping Company said.

Carrier executives and shipping industry analysts meeting in Long Beach last week for The Journal of Commerce’s 10th Annual Trans-Pacific Maritime Conference were in a decidedly upbeat though ca

Attention to environmental issues such as carbon footprints could play an increasing role in sourcing decisions.

Horizon Lines will be a small fish in a big pond in the trans-Pacific market, but it hopes to succeed by swimming faster.

Rising freight rates, volatile fuel prices, fluctuating currencies, slow transits, missed vessel loadings — it’s enough to make any company think about restructuring supply chains by

When economist Jeff Rubin wrote in 2008 that “the explosion in global transport costs has effectively offset all the trade liberalization efforts of the last three decades,” shippers and c

If the words flying between shippers and carriers are any indication, the annual contract negotiations for trans-Pacific ocean services that begin for many companies this week will be the toughest in

Retailer Big Lots says growing sales this year will be partly offset by rising international and domestic freight transportation costs that will put its profit margins under pressure.

Chile's ports and inland infrastructure networks are handling freight once again but with the delays that are expected after a major earthquake and aftershocks.

CMA CGM said it will increase freight rates for all cargoes from North Europe to the Far East on April 1.

Mediterranean Shipping Company will raise rates and bunker charges on freight from Asia to Europe, effective April 1.

New World Alliance ocean carriers will add a vessel to their Pacific Southwest string and will have direct service from Thailand to the West Coast, effective March 15.

Maersk Line and Lloyd's Register will team up in a two year program to test the suitability of biodiesel for use in powering marine engines.