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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
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Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
Asia-Europe
The latest
Container Shipping News
& Analysis
Hawaii’s Big Chill
Stephanie Nall |
President Obama took his wife and daughters to his childhood home for Christmas vacation, and Hawaii state officials hope the publicity will help fuel tourism.
Maritime
Forwarding
Slow Boat From China
Joseph Bonney and Peter T. Leach |
Manufacturers and retailers looking to cut shipping costs by slowing their supply chains are finding unlikely new supporters of the strategy: the ocean container lines that carry the overwhelmin
Maritime
Forwarding
Stacked for Growth
Bill Mongelluzzo |
After a 14 percent decline in intermodal traffic last year, the major western railroads are planning for increased container traffic in 2010.
Rail News
Forwarding
Trade Groups Applaud President’s Exports Initiative
R.G. Edmonson |
Trade and manufacturing groups are offering strong support to President Obama’s call to double exports in five years to create 2 million jobs, but they also want to see substantive action t
Transport, Trade and Regulation News
Forwarding
Crowley Unloads 202 Containers at Port-au-Prince
Peter T. Leach |
Crowley Maritime Corp. discharged 202 20-foot containers of relief supplies across a beach in Port-au-Prince, Haiti, on Thursday under its contract with the U.S. Transportation Command.
Maritime
Container lines
From Breakbulk Asia: 'Life With Legs to It'
Janet Nodar |
SINGAPORE — All the worried talk about the project market lagging the overall economy and thus facing a tough 2010 as other sectors ramp up for recovery may turn out to be just that -- worry.
Maritime
Forwarding
From Breakbulk Asia: Africa Projects Pick Up
Janet Nodar |
SINGAPORE -- Africa, the least-developed continent in the world, is attracting increased attention from the world's biggest manufacturing countries looking for natural resources and an outlet for expo
Maritime
Forwarding
NYK Hikes Trans-Atlantic Rates
Peter T. Leach |
NYK Line will be implementing a general rate increase in its trans-Atlantic services from the U.S.
Maritime
Container lines
Forwarding
Horizon Swings to Profit in Fourth Quarter
Peter T. Leach |
Horizon Lines in its fiscal fourth quarter ended Dec. 20 swung to a profit of $1.3 million from a loss of $20.3 million in the same quarter of fiscal 2008.
Maritime
Container lines
“K” Line Losses Nearly Double
Joseph Bonney |
Japanese ocean carrier “K” Line said its net losses in the last three months of 2009 nearly doubled to $203.3 million from $115.2 million a year earlier as weak volume and rates caused rev
Maritime
Container lines
Forwarding
CMA CGM Adds Asia-Africa ‘Rush’ Surcharge
Bruce Barnard |
Citing a pre-Chinese New Year "cargo rush," CMA CGM said it will impose peak season surcharges on services from Asia to North and West Africa.
Maritime
Container lines
Forwarding
Ship Dropped 30 Containers off Florida
Joseph Bonney |
Seaboard Marine said most of the 30 containers that fell overboard from a ship 30 miles off Key West, Fla., this week were empty and the rest contained non-hazardous materials such as textiles, the Co
Maritime
Container lines
Forwarding
MOL Upgrades Outlook After Third-Quarter Profit
JOC Staff |
MOL on Friday more than doubled its profit forecast for its current fiscal year, saying “strong demand” in dry bulk shipping and rising container shipping prices are improving the company&
Maritime
Container lines
Forwarding
Investor Puts $30 Million into INTTRA
Peter T. Leach |
INTTRA, the carrier-owned portal for ocean-freight bookings, is getting a fresh capital infusion that will enable it to develop new electronic commerce services for new markets.
Maritime
Container lines
Forwarding
President Presses for Exports to Create Jobs
R.G. Edmonson |
President Obama said Wednesday that increasing exports and construction of infrastructure will be among the ways the U.S. economy will recover from the recession.
Transport, Trade and Regulation News
Forwarding
Trucking labor
Ocean Carriers Add Africa-Europe Reefer Service
Peter T. Leach |
The South Africa Europe Container Service on Feb. 15 will introduce an additional reefer service for the anticipated seasonal increase in refrigerated exports, which it first announced on Nov.
Maritime
Container lines
Forwarding
From Breakbulk Asia: Emerging Markets Key to Growth
Janet Nodar |
SINGAPORE - Mark-Marian Siegert has a message for breakbulk and project cargo interests looking to grow in the wake of the worst economic downturn in decades: Look to emerging markets.
Maritime
Forwarding
Trans-Pacific Spot Rate Settles Down
Peter T. Leach |
After two weeks of strong week-to-week increases, the spot rate for shipping a 40-foot container from Hong Kong to Los Angeles settled down, stabilizing at $1,669 in the week ended Jan.
Maritime
Container lines
Forwarding
10+2 Enforcement Gets Serious
R.G. Edmonson |
Customs and Border Protection Tuesday began enforcing the Importer Security Filing or 10+2 rule.
Transport, Trade and Regulation News
Forwarding
EU Challenges Hapag-Lloyd Loan Guarantees
Bruce Barnard |
European Union regulators are challenging the German government's $1.7 billion loan guarantees to Hapag-Lloyd, the country's biggest ocean container carrier, which narrowly avoided a loss in the fourt
Maritime
Container lines
MSC Hikes Rates from North America
Peter T. Leach |
With carriers increasing rates on major trade lanes on an almost daily basis, Mediterranean Shipping Co.
Maritime
Container lines
Forwarding
Prince Rupert Volume Grew 15 Percent
Bill Mongelluzzo |
Cargo volume at the Port of Prince Rupert, British Columbia, increased 15 percent in 2009 over 2008, including a 45.9 percent increase in container traffic.
Maritime
Forwarding
Storm Knocks Horizon Boxes Overboard
Joseph Bonney |
A Horizon Lines ship bound from Los Angeles to Guam made an unscheduled stop in Honolulu with several containers askew on its deck after encountering a Pacific storm that knocked six containers overbo
Maritime
Container lines
Forwarding
Drewry Tracks Carriers’ Financial Health
Peter T. Leach |
Drewry Shipping Consultants is introducing a report for shippers called “Freight Shipper Insight,” which provides market information on demand trends, freight rate developments and macro-e
Maritime
Forwarding
CKYH Begins Slow Steaming Eastbound Europe-Asia
Peter T. Leach |
The four members of the CKYH Alliance, Cosco, “K” Line, Yang Ming and Hanjin, introduced slow steaming on their services between Asia and Europe and the Mediterranean, the group said Tuesd
Maritime
Container lines
Forwarding
Container Rates from China Surge 24 Percent
Bruce Barnard |
Ocean container spot freight rates on the key export trades out of China to Europe and the U.S. east and west coasts soared by an average of 24 percent in the past three months.
Maritime
Forwarding
Seattle Containers Boom in December
Bill Mongelluzzo |
The Port of Seattle reported blockbuster results in container traffic for December, with imports growing 32.6 percent and exports doubling even as other Pacific Northwest ports still showed the effect
Maritime
Forwarding
North American ports
Crowley Settles Puerto Rico Lawsuits
Joseph Bonney |
Crowley Liner Services’ settlement this month of civil antitrust lawsuits with U.S.
Maritime
Transport, Trade and Regulation News
Container lines
Forwarding
Amber Waves of Grain
R.G. Edmonson |
2009’s bumper corn crop that yielded a record 13.2 billion-bushel harvest should be good news for farmers, but whether they benefit from it will depend on the supply chain, according to an exper
Maritime
Forwarding
Exporters Feel the Squeeze
Bill Mongelluzzo |
TLR-Total Logistics Resource, a Portland, Ore., forwarder, is having a terrible time getting its customers’ export containers on Asia-bound vessels.
Maritime
Container lines
Forwarding
Hanjin, Longshoremen Reach Tentative Agreement
Joseph Bonney |
Officials of Hanjin Shipping and the International Longshoremen’s Association tentatively agreed on a contract establishing personnel scales for a highly automated container terminal the carrier
Maritime
Container lines
U.S. Poultry Exports Stumble
Janet Nodar |
As of Jan. 19, Russia has effectively banned imports of U.S. poultry, typically exported as palletized breakbulk cargo, because U.S.
Transport, Trade and Regulation News
Forwarding
Savannah Container Volume Grew in December Quarter
Peter T. Leach |
The Georgia Ports Authority reported that the container volume handled by the Port of Savannah increased by 3.6 percent over the same quarter of 2008 in the quarter ended Dec.
Maritime
Forwarding
TUI Rejects Hapag-Lloyd Probe
Bruce Barnard |
TUI AG said it will ask shareholders to oppose a motion by billionaire Norwegian ship-owner John Fredriksen calling for an investigation into the financial rescue of troubled ocean container carrier H
Maritime
Container lines
Forwarding
MISC Berhad Revises Asia-Middle East Service
JOC Staff |
MISC Berhad will revise the port rotation and coverage of its Halal Express 2 (HE2) Service linking the Far East, Southeast Asia, the Indian Subcontinent and the Middle East.
Maritime
Container lines
Forwarding
DP World Box Traffic Shrinks 8 Percent in 2009
Bruce Barnard |
DP World’s container traffic declined 8 percent in 2009 from a year ago but the rate of decline slowed in the second half of the year across its global terminal network.
Maritime
Forwarding
NOL Volume Surges as Yield Declines
Peter T. Leach |
The volume of containers transported by Neptune Orient Lines’ liner subsidiary APL surged by 43 percent in the six weeks from Nov. 14 to Dec.
Maritime
Container lines
Forwarding
Ship-to-Shore Delivery of Haiti Aid Successful
JOC Staff |
Crowley Maritime will start delivering relief supplies directly to earthquake-crippled Port-au-Prince next week after successfully completing an experimental ship-to-shore transfer of ocean containers
Maritime
Container lines
Carriers Charge NVOs to Guarantee Shipments
Bill Mongelluzzo |
Space on ocean vessels leaving Asia is tight leading up to Chinese New Year in three weeks, and shipping lines are capitalizing by charging importers at least $200 per container to guarantee the shipm
Maritime
Container lines
Concor Profit Falls 3 Percent
JOC Staff |
Net profit for Container Corporation of India fell 3 percent from a year earlier to $43.5 million in the third quarter ending Dec. 31, despite a marginal increase in overall revenue.
Maritime
Forwarding
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