Container Shipping News

Containerized exports at the Port of Seattle increased 51.4 percent in October over the same month last year, pushing the Pacific Northwest port to its busiest month since 2007.

Maersk Line is launching the first scheduled container service to call at Turbo, Colombia's main banana export port.

The Grand Alliance is losing one of its four carrier members, MISC Berhad (Malaysia), which said Wednesday it is withdrawing from the group as of Jan. 1.

The French Port of Marseilles Fos will freeze its port tariffs through 2010 to support customers “in a strained economic context” and to enhance the port’s competitiveness, the port

The slowdown in global trade took its toll of Hong Kong&rsquo;s container traffic in the third quarter, according to the latest figures released by Hong Kong&rsquo;s Census and Statistics Department.<

Global seaborne trade grew to 8.17 billion tons in 2008, which, though a record volume, represented a growth rate of only 3.6 percent, lower than in the previous year, the United Nations Conference on

The world container ship fleet grew at the slowest rate in 10 years in 2009 as nearly one out of eight vessels is laid-up.

BLG, the Bremen/Bremerhaven port company, said container traffic will close the year around 20 percent below the 2008 figure, and auto shipments will slump by 40 percent.

A.P. Moller-Maersk signed a new five-year contract with IBM for the provision of IT hosting and support services.

India&rsquo;s Port of Jawaharlal Nehru plans to set up a port-based export processing zone, a first-of-its-kind project in the country, the port trust said Tuesday.

First Ship Lease Trust pulled a planned $200 million note offering Dec. 7, citing the fallout from Dubai World's financial problems.

DHL launched direct less-than-container-load services connecting India&rsquo;s largest container port of Nhava Sheva (Jawaharlal Nehru) to Dubai.

Bahrain officially inaugurated its new Khalifa Bin Salman Port on Sunday in ceremonies attended by King Hamad bin Isa Al Khalifa.

Deepening financial troubles may be triggering deep changes at CMA CGM and Zim Integrated Shipping Services.

Someday the &ldquo;sovereign&rdquo; states of shipping and aviation will join nations of the world in adopting an overall scheme to reduce greenhouse gases in the atmosphere.

Any news of a carrier&rsquo;s higher volume has a man-bites-dog quality these days.

Geoffrey Giovanetti keeps close tabs on the tippling tastes of American oenophiles. And as managing director of the Wine and Spirit Shippers Association, his business has been good this year.

International maritime shippers don&rsquo;t miss the congestion that accompanied the surge in import volume earlier this decade, but they&rsquo;re struggling to adjust supply chains to changes and cut

Is the worst over? It&rsquo;s starting to look that way for container shipping volume, if not for carriers.

A.P. Moller-Maersk raised approximately $704 million in two separate bond issues, just weeks after it first tapped the corporate bond market.

Neptune Orient Lines said volume grew 23 percent in November compared to the same month a year ago at its container line APL but that pricing and demand also slipped from October.

China Shipping Container Line celebrated the 10th anniversary of its first West Coast calls with a commitment to customers to adjust to changing economic times in order to meet their service requireme

The French government said Dec. 2 it is willing to help CMA CGM, but the troubled ocean container carrier must first sign a debt restructuring deal with its creditors.

DP World&rsquo;s planned container hub on the river Thames near London is facing renewed uncertainty amid reports of financing problems for the Dubai firm&rsquo;s flagship project.

Israel Corp., the majority shareholder in Zim Integrated Shipping Services, said it has named Nir Gilad as chairman of the troubled shipping line, replacing Idan Ofer whose five-year term has ended.

South Korea&rsquo;s largest container carrier, Hanjin Shipping, expects the recession-bound industry to recover by late next year, Chairwoman Choi Eun-Young said on Wednesday.

As part of its strategy of selling off non-core assets, A.P. Moller-Maersk agreed to sell its Rosti Technical Plastics Holding unit to privately owned Nordstjernan of Sweden for an undisclosed sum.

In a continuing drumbeat of rate increases on its global services, Evergreen Line on Wednesday announced that it will boost rates on all cargoes and commodities including reefer and special equipment

A.P.

Customs and Border Protection intends to close its drawback office for the ports of Los Angeles and Long Beach, according to an announcement Tuesday in the Federal Register. The agency set a Dec.

Port operations at Halifax, N.S., are feeling the impact of a locomotive engineers strike against Canadian National Railway.

Lloyd&rsquo;s Register Classification Society (China) teamed up with Shanghai Bestway Marine Engineering Design to develop a new fuel-efficient bulk carrier that can satisfy demands by shipowners and

Container traffic rose 5 percent at Marseilles in the first ten months of 2009 compared with a year ago even as France's biggest port suffered a double digit decline in overall cargo volume.

Bob Magee, an executive with Totem Ocean Trailer Express, Sea Star Line and their holding company, died Monday, Saltchuk Resources announced.

When the CMA CGM Christoph Colomb pushed out of a South Korean shipyard early this month, the massive vessel set several records for its scale, but nothing was quite as breathtaking to the trans

Maersk Line will call at DP World’s new Muelle Sur container terminal in Callao, Peru, when it opens next spring under an agreement signed this week.

Zim Integrated Shipping Services, suffering a steep drop in demand in its container shipping business, reported a $208 million loss in the third quarter on Thursday, more than triple the loss from las

Private investors on Thursday joined key talks between CMA CGM and its bankers over restructuring the troubled French ocean carrier&rsquo;s $5.6 billion of debts.

Exporters and other interested parties have an additional month to tell Customs and Border Protection what they think about a controversial change in drawback regulations.

Matson announced a rate increase for its Hawaii service and for its Guam and Micronesia services. The company is also hiking terminal handling charges.