Container Shipping News

Container ship charter rates are rebounding from all-time lows as ocean carriers lease more vessels to cope with an unexpected rush of cargo on long-haul trade routes.

Container terminal operators in Los Angeles-Long Beach have taken their lumps over the years because of congestion problems, but they have also been innovators in reducing gate delays through the Pier

London - A court barred a walkout by nearly 6,000 signal workers in what would have been the UK's first national rail strike in 16 years.

Mediterranean Shipping Co. will increase rates on exports from all the U.S. ports it serves as of May 1.

MOL, the only one of the three big Japanese shipping lines to project a profit in its 2009 fiscal year ended March 31, is setting a goal of generating revenue of $1.066 billion in fiscal 2010, ending

Hapag-Lloyd will seek a general rate increase on all cargo moving from India to the U.S. East and West Coasts, effective May 1.

Transportation interests agree that West Coast ports are well-positioned to capture a significant share of the cargo growth that will occur in the coming years, but they emphasized that the ports must

HHLA, Hamburg's largest stevedore, said earnings tumbled 55 percent in 2009 from a year ago as container traffic through Germany's biggest box port shrunk by a third.

Maersk Line will start imposing a $10 fee for “no-shows” on every container that shippers book for export on one of its trans-Pacific services that does not show up at the ports of Los Ang

A number of Asian carriers significantly trimmed the number of containerships they own over the last 15 months as they sought to reduce exposure to the fragile liner shipping markets, according to Alp

U.S.

Ship charter company Danaos swung to a $16.2 million loss in the fourth quarter of 2009 from a $23.8 million profit a year ago but reported stronger demand for larger vessels since the beginning of 20

Con-way Freight and TNT are expanding their trans-Atlantic partnership to include shipping U.S. exports to Europe, targeting freight shipments weighing more than 150 pounds.

Safmarine said it is reintroducing the ME 3 shipping service between the Mediterranean and West Central Asia.

Wallenius Wilhelmsen Logistics, the joint Swedish-Norwegian roll-on, roll-off carrier, is expanding its ocean services from North America to the Middle East due to a strengthening of demand in the reg

A.P. Moller-Maersk aims to cut operating costs by $500 million this year, it said in a company newsletter published on Monday.

European Union regulators cleared a joint venture between Luxembourg-based Euroports and DP World for a new container terminal in the port of Liege.

Middle East-based Simatech Shipping, Evergreen Line and Wan Hai Lines will launch a joint container service linking the Indian Subcontinent and East Africa, effective in May.

Neptune Orient Lines said Monday the volume of containers carried by its container line APL and the average yield per container both climbed during the four weeks from Feb.

Duisport, the operator of the world's biggest inland port at Duisburg, Germany, booked record revenue for the second year running in 2009.

All the ocean terminals in the Port of New York and New Jersey will be closed on Friday, April 2, because of Good Friday, which is an International Longshoremen’s Association holiday, the Port A

Maersk Line CEO Eivind Kolding predicted in Russia Sunday that the container line is "about to break even" as ocean freight rates jump, and predicted demand will be in the upper end of its f

President Obama named Alan D. Bersin to be U.S.

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