Container Shipping News

Union rejection of a contract extension for Atlantic and Gulf dockworkers probably means talks on a new contract won’t resume until next year – and when they do, management’s positio

Independent Container Line will provide transactional e-commerce services to global customers through the GT Nexus Trade and Logistics Portal.

Maersk Line will launch a weekly feeder service between Vietnam and Hong Kong this month connecting with a trans-Pacific loop the carrier says will provide the fastest transit time from Vietnam to the

Germany did not accept terms of the rescue of container shipping line Hapag-Lloyd, Germany's Bild newspaper reported without citing sources.

International Longshoremen’s Association delegates unanimously rejected a proposed two-year extension of the ILA's contract for Atlantic and Gulf dockworkers on Wednesday.

The New York Terminal conference, representing marine terminals in the Port of New York and New Jersey, issued a revised schedule of charges that includes no change in demurrage and free time for cont

Babcock & Brown Infrastructure, the Australian parent of Euroports, the leading European bulk/break bulk stevedore, halted trading in its shares on the Sydney stock exchange Sept.

The Asian Shippers Council is fighting an emergency fuel surcharge container lines are seeking on shipping between Taiwan and South China, according to published reports in the region.

A.P. Moller-Maersk plans to sell stock to raise $1.8 billion to bolster its finances and fund possible acquisitions.

DHL launched less-than-containerload service from Vietnam to the United States and Europe, the company’s forwarding division announced.

Maersk Line’s ocean freight rates from the Mediterranean and North Africa to the United States and Canada will increase by $300 per container from Oct. 1, the carrier said Monday.

Two ports along Oregon's Columbia River are putting together multi-million projects aimed at helping shippers gain easier access to the Puget Sound ports of Seattle and Tacoma, according to a report i

Zim Integrated Shipping Service's 10,000-TEU Zim Djibouti was at the Port of Seattle’s Terminal 18 on Thursday, Aug. 27. The vessel is the largest to call at the port.

DP World, the global container terminal operator, buys a majority stake in Brazil’s largest private multimodal facility in the city of Santos.

Evergreen Marine reported its second consecutive quarterly loss as the global recession reduced volume and prices for the world’s fourth largest container line.

Forth Ports, the UK's last publicly traded ports company, reported profit fell 10 percent in the first six months of 2009 from a year ago on flat cargo volume.

Orient Overseas Container Line announced Friday it will raise fuel charges or rates on three trade lanes.

The Port of Houston is expected to name businessman Alec G. Dreyer executive director of the Port of Houston Authority later this month, according to Port Commission Chairman James T. Edmonds.

Trucking and marine freight carrier Trailer Bridge named Ivy Barton Suter as chief executive officer, effective immediately. She succeeds Ralph W.

Mediterranean Shipping Company will put a General Rate Increase into effect Oct. 1 on all tariff and contract cargo from the United States and Mexico to Western Mediterranean destinations.

DP World, the world’s fourth largest container terminal operator, warned of tough conditions ahead as net profit in the first half of 2009 fell by around a third from a year ago on lower box vol

Clarksons, the world's biggest shipbroker and shipping services company, reported first half operating profit dipped 35 percent from a year ago as shipping markets weakened on reduced global trade.

Zim Integrated Shipping Services, the troubled Israeli ocean container carrier, reported a second quarter loss of $186 million compared with $42 million deficit a year ago, swelling first half losses

Evergreen Line and the four lines of the CKYH Alliance (Coscon, “K”LINE, Yang Ming, Hanjin Shipping) will launch a cooperative service in the U.S.

The Jumbo Jubilee set a tandem heavy-lift record at the Huisman shipyard in Schiedam, Netherlands, this month when it lifted a 1,980-metric-ton ballasted pontoon with two 900-ton mast cranes.

Universal Africa Lines opened a new South African branch and launched a fortnightly shipping route to supply West African oil and gas exploration and production bases.

Matson Navigation Company Chairman James S. Andrasick is retiring from the company, effective Sept. 1. He has been Matson’s chairman since Oct.

Maersk Line will make several changes in its trans-Pacific services in September and October as it adjusts capacity to lower demand and tries to push rates back up to what it described as sustainable

United Arab Shipping will launch a container service called the IEC2 linking the Indian Subcontinent, the Arabian Gulf and North Europe, starting in mid-September.

The city state of Hamburg on August 25 agreed to an additional capital injection for Hapag-Lloyd, boosting the ailing ocean container carrier's chances of securing $1.7 billion in loan guarantees from

Israel Corp.’s recovery plan for Zim Integrated Shipping Services suffered a setback after management failed to get shareholder approval for a $100 million cash infusion for the struggling ocean

Three container lines will suspend a joint service between Asia and the U.S.

As of September 14, breakbulk and project cargo carrier BBC Chartering will be reducing its tariff by 20 percent for its breakbulk liner routes serving South America.

After years spent boosting their fleets and adding new services, ocean container carriers are reducing the number of ships in service as cargo volumes shrink across their global liner networks.

Plans to build a cold storage warehouse for frozen poultry exports along the Mississippi River in New Orleans threaten the city's French Quarter as well as other historic neighborhoods, according to a

CMA CGM pushed the ocean container line industry’s price hikes into new Australasia lanes Monday, announcing sharp rate increases for the region’s trade to and from Europe.

Maersk Line on Aug. 24 warned rival ocean container carriers it is prepared to fight a rate war to defend its market share.

Chris Connor keeps close track of his customers’ moods because that’s the only way he can tell whether he’s going to be able to fill his car carriers, and he is starting to see their moods change.

U.S. reefer exports to Latin America total only about 10 percent of the volume of reefer exports to Asia. And only one reefer container goes southbound from the U.S.