Container Shipping News

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.

CMA CGM, facing economic troubles that threaten the carrier's financial stability, took delivery Tuesday of one of the world's largest container ships, a 13,300-TEU behemoth that will become the compa

Global Ship Lease, a containership charter owner listed on the New York Stock Exchange, posted a net loss of $3.9 million in the third quarter ended Sept.

The Transpacific Stabilization Agreement will accept Maersk Line back into its fold effective Dec. 24, the carrier discussion group said in a statement.

Thousands of containers are piling up at Piraeus, Greece's biggest port, after dock workers extended a week-long strike for another 48 hours in protest against an agreement with China's Cosco Pacific.

Rickmers Maritime Trust, a Singapore-based charter ship owner, was unable to take delivery of a vessel it had ordered for charter to Hanjin Shipping in the third quarter because of financing troubles

NOL, the Singapore-base parent of APL, said that container volume and yield per container both increased in the four-week period from Sept. 18 to Oct. 16 for the second monthly gain in a row.

Maersk Line is reapplying for membership in the Trans-Pacific Stabilization Agreement, which has been trying for two years to get it to rejoin the discussion agreement.

Bruce J. Carlton took charge at the National Industrial Transportation League just as the economy began its worst contraction in decades.

Neptune Orient Lines is relocating its administration and service center in China to the western city of Chongqing.

The Orcelle Fund, a grant-awarding body created by Wallenius Wilhelmsen Logistics, is looking for innovative new maritime projects to support.

OOCL christened the OOCL Dalian on Thursday, the tenth Panamax vessel in its line of 16 4,500-TEU ships ordered from Samsung Heavy Industries at its Geoje Shipyard in South Korea.

OOCL on Friday announced a peak season surcharge on shipments of westbound refrigerated cargo from Europe to Montreal.

Evergreen Line said Thursday it is scaling down its operating fleet and rationalizing its services in an effort to cope with market conditions.

“K” Line is buying a minority stake in a ship repair yard on China’s Zhoushan Islands that will give it access to facilities for very large container ships.

Atlantic Container Line will raise rates on the North Atlantic in two stages over the next three months. The first phase will begin Dec. 1 and the second on Feb. 1, ACL said.

Seaspan, the Hong Kong charter ship owner, posted a loss of $65.9 million for the third quarter ended Sept.

The Southern Africa Europe Container Service Lines will introduce an additional container service to accommodate primarily the seasonal increase in refrigerated exports from South Africa to Europe dur