Container Shipping News

Where will the world’s next quantum leap in development occur? What region has the most potential, and the most work to be done?

Nick Halper, director of export at Paper Tigers, is a happy U.S. exporter right now. Wastepaper shipments to Asia are fairly strong.

If this were a boxing match, the bout would be stopped for excessive bleeding.But it’s not, and for the liner operators issuing their latest round of financial reports, the suffering will contin

Seven months after the dramatic Navy rescue of Capt.

Capt.

The good news about Importer Security Filings, says Customs’ Richard DiNucci, is that more importers are filing all the time and the filings are getting more accurate.

In just over three months, U.S. Customs and Border Protection will begin enforcing the Importer Security Filing, or 10+2 rule, but for many shippers, the deadline may have already passed.

Logistics provider Damco is starting a less-than-container-load service from the United States to Latin America, the company said Monday.

Hapag-Lloyd is on track for a further loss in 2010, one of its largest stakeholders said on Sunday.

The Surface Transportation Board approved an equipment-pooling plan at the Ports of Los Angeles and Long Beach for a group of motor carriers operating in the Clean Truck Coalition.

Ports America won a contract to operate Baltimore’s Seagirt Marine Terminal under a 50-year lease that commits the company to build a container berth with 50-foot water depth.

HSH Nordbank, the world’s biggest ship financier, doubled loss provisions at its shipping unit to nearly $1.5 billion in the first nine months of the year.

Three cranes and a unique barge haul system arrived at Mobile yesterday on the Zhen Hua 25, a heavy-lift ship designed to carry fully assembled cranes and other breakbulk and project cargo components,

CMA CGM is seeking $300 million to $400 million from outside investors to restore its finances as it faces a heavy bill for containership orders, said Jacques Saade, chairman of the French ocean carri

Hanjin Shipping on Friday joined Maersk Line, Evergreen, Mediterranean Shipping Co.

The Antwerp Port Authority today announced that it will during 2010 freeze most port dues at 2008 levels, keep concession fees and some port dues at 2009 levels, and further reduce dues for the transs

Three private investment groups are considering investing in CMA CGM, potentially bringing a needed cash infusion into the world’s third-largest container line, according to Bloomberg News.

OOCL will increase some freight rates in December, the company announced Thursday, Nov. 19.

Container traffic at major ports in India fell 6 percent in the April-October period, the first seven months of fiscal 2009-10, despite a 3.6-percent increase in overall tonnage.

Hamburg Süd moved its Pacific Coast / South America West Coast service to a new terminal in Seattle.

Commissioners at the Port of Houston voted yesterday to increase the port’s tariff by 3 percent for containers and 2 percent for breakbulk and project cargo despite the protests of carriers and

A successful trade preference program must be stable and predictable over a long term, the chief supply officer for Levi Strauss & Co. told the House Ways and Means Trade Subcommittee on Tuesday.

The Federal Motor Carrier Safety Administration will expand its “roadability” rule for intermodal chassis, clearing the way for industry efforts to launch a global registry for intermodal

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