Container Shipping News

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.

Customs and Border Protection Tuesday began enforcing the Importer Security Filing or 10+2 rule.

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

With carriers increasing rates on major trade lanes on an almost daily basis, Mediterranean Shipping Co.

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.

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

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

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

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.

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

Crowley Liner Services’ settlement this month of civil antitrust lawsuits with U.S.

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

TLR-Total Logistics Resource, a Portland, Ore., forwarder, is having a terrible time getting its customers’ export containers on Asia-bound vessels.

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

As of Jan. 19, Russia has effectively banned imports of U.S. poultry, typically exported as palletized breakbulk cargo, because U.S.

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.

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

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.

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.

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.

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

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

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.

At least one South Korean shipbuilder is getting hit by the cancellation of orders by CMA CGM, and others are fending off cancellations by the troubled French container line, which can't pay for the o

The spot rate for shipping a 40-foot container from Hong to Los Angeles jumped 17.9 percent in the week ended Jan.18 compared to the week earlier as U.S.

The Industrial Echo, fourth in a series of four heavy-lift newbuildings, was delivered to Intermarine this month in Portugal.

The Chinese-Polish joint stock shipping company Chipolbrok took delivery in November and named the vessel Adam Asnyk in the port of Dalian, China.

The container volume handled by the Port of Antwerp in 2009 fell by 15.6 percent to 7,309,639 million 20-foot units, mirroring the decline in box volumes at all northern European ports.

The number of ships passing through the Panama Canal increased by 2 percent in the first quarter of the Panama Canal Authority’s fiscal year, ended Dec. 31.

A joint venture investment group said it will spend up to $100 million to buy low-valued freight and industrial equipment, to assemble a broad mix of lease assets that will include ocean ships and riv

FESCO Logistics increased its monthly breakbulk service out of Everett, Wash., by adding fortnightly departures from Seattle and Vancouver, B.C.

The World Shipping Council and its 29 carrier members proposed to the International Maritime Organization and its member governments a new global Vessel Efficiency System to improve the carbon and fue

Orient Overseas (International) Ltd said Wednesday revenue for the fourth quarter, ended Dec.

Container traffic moving through India’s major ports fell 1.5 percent during the April-December period, the first nine months of fiscal 2009-10, compared with a year earlier, the Indian Ports As

Exports of U.S. steel fell off nearly 5 percent to 935,335 tons from October to November, according to the American Institute for International Steel.

Beluga Shipping took delivery of the first of 16 new 20,000 deadweight-ton ice-class P-series vessels, the Beluga Houston.

Orient Overseas (International) Limited, the parent of container line OOCL, said Tuesday it sold its real-estate subsidiary Orient Overseas Developments Limited to CapitaLand China (RE) Holdings Co fo

Maersk plans to expand its Direct ChassisLink program throughout the Midwest and the Ohio Valley as of March 1.

French dockworker leaders set a mid-February deadline for the government to respond to their demands for more waterfront jobs or face further industrial action.

Hanjin Shipping plans to raise trans-Atlantic rates in both directions in three quarterly increases on April 1, July 1 and Oct. 1, the carrier announced Monday.