Container Shipping News

French ocean carrier CMA CGM said Nov. 18 it expects to break even in December, ahead of recent forecasts, and return to operating profitability in 2010.

One of APM Terminals’ top executives called for greater cooperation between terminal operators and their shipping line customers in “this new environment of slower growth and reduced reven

Container moves in North Carolina’s Port of Wilmington increased by 28 percent in the first quarter of fiscal 2010 ended Sept. 30 over the same period last year.

Evergreen Line on Wednesday announced it will increase freight rates Dec.

Pirates for a second time attacked the Maersk Alabama early Wednesday morning but failed to board it while the U.S.-flag container ship was steaming 500 nautical miles off the northeast coast of Somal

Maersk Line CEO Eivind Kolding is predicting that the container market will return to growth next year and that freight rates may rise as carriers take steps to cut vessel overcapacity.

Exports of U.S. steel, a key breakbulk cargo, increased 23.7 percent from August to September, or to 989,821 U.S. tons, according to the American Institute for International Steel.

Total container volume at the port of Hamburg in the first nine months of the year fell 27.8 percent from a year ago to 5.3 million 20-foot equivalent units, driving the port into third place among Eu

Carrier cutbacks are playing havoc with the supply chains of retailers. "Changes in sailing schedules are killing us," said Martin Bernstein, transportation excellence director at J.C.

China Shipping Container Lines and United Arab Shipping entered slot-swap arrangements in the Asia-Middle East trades, starting at the end of this month.

Freight rates in the trans-Pacific will go up in 2010 even though supply-demand economics will most likely not be favorable for ocean carriers, a senior carrier executive said Monday.

The Indamex service, a vessel-sharing agreement between Hapag-Lloyd, NYK Line and OOCL that connects the Indian sub-continent and Eastern Mediterranean with the U.S.

The port of Amsterdam risks disappearing from Europe's ocean container map, as its sole box terminal is about to lose its last major liner shipping service.

APL is telling customers the company plans to reopen 2009-2010 trans-Pacific contracts to ask for higher rates for services to the U.S., a move allowed under most contracts expiring next May once ship

If freight carriers needed another reminder of just how slight their market power is in the face of weak demand and plentiful capacity, the reaction of shippers to the announcement that Maersk Line wi

The Asia-Europe container trade rebounded in the third quarter from the deep declines in traffic during the first half of the year, driven by a surge in shipments on the eastbound trade from Mediterra

Total Terminals International, which operates terminals in Long Beach, Oakland and Seattle, said Monday that Maersk Line will start calling its Oakland terminal with two of its trans-Pacific services

Global forwarder Panalpina won significant new business from two of its long-time customers, oil and gas industry technology and equipment providers Halliburton and Weatherford.

The Alabama State Port Authority is looking for a partner to lease and operate its new $100 million Pinto Island Steel Terminal.

Rebounding exports couldn’t keep up with the price of imported oil as the U.S. trade deficit widened in September with the biggest jump in more than 10 years.

DFDS, the Denmark-based intra-Europe shipping line, reported lower third quarter profit and revenue on sharply lower container and roll-on, roll-off traffic across its pan-European network.

Hanjin Shipping’s quarterly net loss deepened to $338 million in the third quarter ended Sept.

OOCL joined other major carriers in a general rate increase that will apply to all dry shipments from the United States to Hong Kong, Macau and South China.

CMA CGM announced Nov. 12 a general rate increase on freight from the United States and Canada to Australia and New Zealand.

Hamburg Sud christened the fifth new ship in a series of identical 5,900-TEU container ships in Antwerp Thursday, naming it the “Rio Bravo.”

HHLA, Hamburg's leading container stevedore, reported steep declines in third quarter revenue and profit as box traffic slumped in its key Asia-Europe and Baltic markets.

APM Terminals, the container terminals division of A.P.

The port of Rotterdam said it will give ocean ships and inland river barges a 7 percent "once-only crisis rebate" on harbor dues in 2010, the first reduction in tariffs in over 20 years.

Danish shipping giant A.P.

NYK said Thursday it would raise up to $1.58 billion through a public equity offering to strengthen its balance sheet as it hastens reforms to cope with a global shipping slump.

Royal Boskalis Westminster of the Netherlands, the world’s biggest dredging company, agreed to take over Smit Internationale, the Rotterdam-based harbor tug, marine salvage and heavy lift shippi

Charter shipowner Danaos Corp. saw its profit drop by 41.4 percent in the third quarter ended Sept.

Absorption of industrial real estate space is trending upward and port container volumes in November could experience the first year-over-year gain since July 2008, according to a new index introduced

Hanjin Shipping petitioned the Federal Maritime Commission to allow it to submit a “universal notice” of its pending corporate reorganization into two separate units instead of having to s

Emirates Shipping Line will use GT Nexus as the portal to connect its customers with its freight booking systems through the Internet, the technology company announced Wednesday.

Grand Alliance partners Hapag-Lloyd, NYK Line and OOCL said Wednesday they will reduce their Asia-Europe services during the winter from four loops to three starting from Dec. 28.

Dockworkers at Piraeus, Greece's largest port, suspended a six-week-old strike campaign Nov.

Trailer Bridge’s profit soared to $1.7 million in the third quarter ended Sept. 30 from $34,000 in the same quarter last year.

A unique “fuel switching” test by a Maersk Line container ship as it plies the Gulf of Mexico will determine how much air pollution can be cut when the ship changes to a cleaner-burning fu

Birdsall, Inc., a subsidiary of Nicor and parent company of Tropical Shipping, signed a definitive agreement to acquire Miami-based Deluxe Freight. Terms of the agreement were not announced.