Container Shipping News

Evergreen Line and CSAV Norasia entered a slot-swap arrangement in the Asia-Mediterranean-Black Sea trades, effective in early November.

Japan's trade surplus expanded nearly six-fold in September from a year earlier to the highest level in 18 months, according to preliminary figures released by the Finance Ministry on Thursday.

A.P.

Container traffic in Antwerp fell 18.4 percent in the first nine months of the year from the same period in 2008, a significantly faster rate of decline than at its close rival Rotterdam.

Exports of steel from the United States increased in August by 13.1 percent over July, according to a report from the American Institute for International Steel.

APL, which already participates in two new services from Vietnam launched in June, plans to start a third at the end of October that will connect Vietnamese and Thai manufacturing centers with Japan,

The U.S. Supreme Court on Tuesday agreed to hear a case that should clarify what laws apply when international shipments are damaged in transit within the United States.

SHENZHEN, CHINA -- The president of container line APL said despite recent growth in volume and rates, the ocean carrier industry faces far-reaching structural change unless shipping demand turns upwa

Evergreen Line on Wednesday announced rate increases on the westbound trade from the Far East and the Indian Sub-Continent to Europe and the Mediterranean.

SHENZHEN, CHINA -- The head of J.P.

Evergreen Line said Tuesday that while it plans to order 100 new ships at some point, it has no plans to place the orders in 2010.

The officers and crew of the Maersk Alabama, who fought off a pirate attack earlier this year, will be presented with an Honored Seafarers plaque at the 40th annual United Seamen's Service Admiral of

Hyundai Merchant Marine will increase freight rates for the trade moving on its services from China to India and Pakistan.

Maersk Line and the three carriers that belong to the New World Alliance, APL, Hyundai Merchant Marine and MOL, on Tuesday said they will cut the capacity and services they share on the trans-Atlantic

Israeli ocean carrier Zim Integrated Shipping Services said it is close to getting final approval for a financial restructuring.

OOCL’s third-quarter revenue fell 42.3 percent to $948.9 million as its container volume dropped by 16.7 percent from the same quarter last year, the Hong Kong-based carrier said Tuesday.

The mayors of New York and Newark, N.J., surprised the trucking industry – as well as the bi-state port authority – by announcing on Sunday their support for a clean-trucks program that wo

CMA CGM wants to delay the delivery of 49 ships it has ordered and is scheduled to receive within the next three years, its CEO Rodolphe Saade said Monday.

Evergreen Line, which is one of the few container lines that has refrained from ordering new ships in recent years, plans to order 100 container ships in 2010 to expand its fleet to nearly 300, the co

Hallmark Cards once used the Los Angeles and Long Beach ports for virtually all its imports into the United States.

The Port of Corpus Christi’s long-delayed plan to build a container terminal on a 1,100-acre tract of land called the La Quinta Trade Gateway is being resuscitated as part of a multi-phase, mixed-use

Pat Moffett, vice president of global logistics at Audiovox, has been through this routine before.

Orient Overseas Container Line is launching two rounds of rate increases for intra-Asia cargo. The first applies to dry cargo from Hong Kong, Macau and South China bound for Japan starting Oct. 26.

CMA CGM added a call at Saigon Premier Container Terminal beginning Friday, Oct. 16 on its FAS Vietnam service.

Pirates in the Indian Ocean hijacked a Singapore-flag container ship some 300 nautical miles north of the Seychelles, signaling a resurgence in attacks on ships using trade lanes near the coast of Som

Grain industry firm Archer Daniels Midland acquired five oceangoing dry-bulk ships of varying sizes to haul “all types of grain, grain products and bulk commodities to and from ports in Europe,

The economy is stabilizing but will take time to adjust to a "less spendthrift" consumer, and a rebound in U.S.

Maersk Line, the world’s largest ocean container carrier, is expanding its service in the breakbulk and out-of-gauge equipment market.

In a market that has been utterly stagnant, a Middle East oil tanker operator signed the first container ship order anywhere in the world since October 2008.

NEW ORLEANS -- Buoyed by a weak dollar and recovering demand among emerging markets, U.S.

Containership charter rates are testing fresh lows, and hire periods are shrinking rapidly as ocean carriers rein in leased box capacity in a bid to narrow the huge supply/demand gap.

Ocean carriers in the Puerto Rico domestic trade anticipate business as usual on Thursday despite a call by labor unions for a one-day general strike on the island.

Breakbulk Transportation Conference & Exhibition, New Orleans, Oct.

Demand on the St. Lawrence Seaway-Great Lakes system fell off a whopping 35.3 percent to 19.3 million metric tons of cargo for the season to date through Sept. 30.

Surface transportation should show modest growth through 2010 and then take off strongly in 2011 with double-digit growth in volume, a Schneider Logistics executive said Tuesday.

Evergreen Line and CMA CGM will implement rate increases in the Europe, Mediterranean trades to and from the Far East and Indian sub-continent.

Marine terminals at the ports of Apia and Pago Pago, Samoa, are fully operational following the devastating earthquake and tsunami that struck the island two weeks ago, Hamburg Sud reported.

Recession ravaged one economy after another in 2009, fulfilling earlier dire predictions for the global container industry, said Drewry Shipping Consultants in their latest Market Review & Forecas

Evergreen Marine Corp. and China Shipping Container Line on Wednesday will launch a joint weekly service linking ports in Asia with the Pacific Northwest.

Wallenius Wilhelmsen Logistics boosted the frequency of its Japan-Korea-China roll-on, roll-off shipping service, citing a "resurgence" of trade among the three countries.