Container Shipping News

Hong Kong-based Orient Overseas Container Line on Sept. 22 announced another in a series of “rate restorations.”

Mediterranean Shipping on Monday announced rate increases that will take effect Oct. 19 from Mexican Gulf ports to ports in the Caribbean.

Hanjin Shipping plans to launch two new vessel-sharing agreements with services covering the Far East, India and the Middle East in November that will replace an existing Hanjin loop.

Eivind Kolding, the CEO of Maersk Line, will deliver the keynote speech at The Journal of Commerce’s 2010 Trans-Pacific Maritime Conference in Long Beach on March 1, the JoC Conferences Division

Babcock & Brown Infrastructure, the heavily indebted parent of leading bulk/break-bulk stevedore Euroports, is weighing two rival rescue offers.

Global crude steel production reached 106.5 million metric tons in August, 5.5 percent lower than August of 2008, according to the Brussels-based World Steel Association.

OOCL took the container liner industry's "rate restoration" drive to China-Australia trade lanes, announcing increases on shipments from Hong Kong, Macau and South China to Australia.

A.P. Moller-Mærsk recruited a new chief financial officer from outside the group, and from outside of Denmark, an unusual move for a company that usually grows its own executives.

Jade Weser Port started the tender process for companies seeking to establish operations at Germany's only non-tidal deep water container port.

A senior Wal-Mart executive said Monday a drive to cut packaging on toys saved the retailer some $3.5 million in transportation costs last Christmas, a major gain to the bottom line the company won fr

Container throughput at the port of Marseilles/Fos in the first eight months of the year through August increased by 4 percent to 583,779 20-foot containers from the same period last year, the French

Evergreen Line said it has filed rate increases with the Federal Maritime Commission on all shipments moving from Puerto Rico to Europe, whether moving from or via the U.S.

South Korean carriers Hanjin Shipping and Hyundai Merchant Marine said Monday they will exchange slots on two of their trans-Pacific services starting in October.

Project cargo is mushrooming at the Port of Mobile, the majority of it bound for the stainless and carbon steel mill ThyssenKrupp is building a few miles north.

In a windy cornfield of north-central Iowa, the nation’s largest wind tower staging facility is about to get a lot bigger, building on what has been a fast-growing busine

The container lines have the Box Club, where their CEOs can meet to discuss matters of common concern.

They can wish, can’t they? Many container line executives would love to wave a magic wand and — poof!

In virtually any other year, a weeklong shutdown of Chinese factories at the height of the peak shipping season would put U.S. importers in panic mode.

Container lines can’t wait for this year’s fourth quarter. Even if an economic recovery isn’t under way by then, carriers will at least have more favorable year-to-year comparisons on trade volumes.

China Ocean Shipping Co. announced a peak season surcharge of $400 per 40-foot container and $320 per 20-foot container on all cargo moving from the Far East and Indian subcontinent to the U.S.

Officials of the Obama administration’s Interagency Ocean Policy Task Force released their interim report for a 30-day public review and comment period.

Citi's Global Transaction Services, a business unit of the global financial services company, and GT Nexus, the global trade and logistics portal, announced a strategic partnership that will deliver e

Import cargo volume at the nation's major retail container ports is now expected to drop to a total 12.5 million 20-foot containers for all of 2009, according to the monthly Port Tracker report releas

Doug J. Marchand, the long-time executive director of the Georgia Ports Authority, announced at Thursday’s State of the Port Address that he will step down Jan. 1, 2010.

CMA CGM expanded its “rate restoration” program Thursday, announcing new price increases on shipping between Europe and India and Pakistan.

Cargo volumes at the ports of Los Angeles and Long Beach in August increased over the previous month as the nation's two largest ports prepared for what is expected to be a short peak shipping season.

UAL-SA, the South African subsidiary of Universal Africa Line, will carry 65,000 metric tons of bagged cement from Cape Town to Soyo, Angola for the construction of a liquefied natural gas plant, the

The government of Western Australia approved Chevron’s Australian subsidiary to develop Gorgon, a gigantic offshore natural gas project.

The average spot rate jumped 10.3 percent this week for shipping a 40-foot container from Hong Kong to Los Angeles, according to Drewry Shipping Consultants weekly survey of spot market prices paid by

Just eight days after raising the rates on eastbound cargo shipped from North Europe and the Mediterranean to Asia, CMA CGM announced a rate increase in the opposite direction.

A Maersk Line container ship, the Maersk Kendal, ran aground today at the Sebarok Beacon, less than a kilometer south of Sebarok Island and nine kilometers south of Singapore, the Maritime and Port Au

Distribution centers and manufacturing plants in the Ohio Valley will soon have two new intermodal options for moving their cargo to and from Asia.

Hanjin Shipping announced Wednesday a decision by the board of directors to divide the company into a holding company, Hanjin Shipping Holdings Co., Ltd., and an operating company, Hanjin Shipping Co.