Container Shipping News

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.

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

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

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

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

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

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

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.

Container handling came to a standstill at India’s Port of Haldia, a sister facility of the Port of Kolkata, after crane operators suspended operations Tuesday night.

A.P.

Competition between West and East Coast ports for Asian cargo has hit a point of equilibrium and market share probably won't change much in the coming years.

CMA CGM will raise freight rates for all types of U.S. export cargoes to Asia, the Middle East and the Indian sub-continent on March 15.

Jack Yen has been named vice chairman of Evergreen Marine Corp. (Taiwan) Ltd., and will be succeeded as president by Capt. C.J. Wang.

India’s Tariff Authority for Major Ports ordered a 10-percent reduction in tariffs currently levied by Indira Container Terminal, the private terminal operator at the Port of Mumbai.

The battle over control of harbor trucking will head east next week when the Port Authority of New York and New Jersey releases its clean-truck plan.

Global Ship Lease, the NYSE-listed container ship charter owner, reported fourth quarter net profit of $12.3 million compared with a year-earlier loss of $43.7 million.

Goldenport Holdings, the London-listed container ship and bulk carrier owner, swung to a $1.4 million net loss in 2009 from an $87.6 million profit in the previous year, mainly because of lower ship c

Project and heavy-lift carrier Intermarine launched a heavylift service between Europe and South America.

Container shipments from the Far East to the United States declined by 15.3 percent in 2009 from the previous year to 10.1 million 20-foot equivalent units, down 2.8 million TEUs from their peak of 12

Container shipping is beginning to recover from its worst-ever recession, but shippers and carriers need to develop long-term relationships to ensure stability in rates and service, Maesk Line CEO Eiv

APL, the liner shipping subsidiary of Singapore-based Neptune Orient Lines, handled 307,400 40-foot equivalent units in the six weeks from Dec. 26, 2009, to Feb.

Kuehne + Nagel, the global freight forwarder and contract logistics provider, reported 2009 earnings fell more than 20 percent from the previous year on lower world trade, a strong Swiss franc and a p

Hapag-Lloyd in April will seek rate increases on two trade lanes affecting the Indian Subcontinent.

With container volumes down 18 percent from the peak year of 2007, and some marine terminals operating at 50 percent of capacity, this may not seem like the best time for West Coast ports to spend bil

Relations between trans-Pacific shippers and carriers are testy in the best of times, and these aren’t the best of times.