Container Shipping News

After a day-long effort, the lower Mississippi River channel was partially restored to commerce Monday afternoon.

Jan De Nul n.v. won the contract to dredge the Panama Canal’s Atlantic entrance as part of the canal’s expansion program.

APL cut the ribbon Monday on its new U.S. headquarters in Phoenix, Ariz., where it is relocating its Americas staff from its long-time base in Oakland as part of a corporate retrenchment.

Mediterranean Shipping Co. will transfer its vessel calls at the Port of New York and New Jersey from Maher Terminals to the adjacent Port Newark Container Terminal, effective Oct. 1.

Container shipping consortia will be exempt from European Union competition rules for five years past the current deadline, the European Commission said Sept. 28.

The German government is ready to provide Hapag-Lloyd with state loan guarantees worth $1.759 billion, a government official told Reuters on Monday, speaking on condition of anonymity.

MOL expects an operating loss of $146 million in the six months ended Sept. 30, it said after the market closed on Sept. 25.

Dave Akers is still arranging for a lot of toy imports this peak season, even if volumes are down from last year.

Ocean carriers started this year with excess capacity while retailers were carrying far too much inventory, making for a nightmare scenario as the global recession plumbed new depths.

For the first time in decades, the share of total U.S.

When the United States imposed Section 421 safeguard duties of up to 35 percent on tire imports from China this month, much of the trade world reacted like fight fans eager for an all-out brawl.

West Coast ports will lose ground in the U.S.

Dockers at the Port of Piraeus in Greece plan to hold two 48 hour strikes in early October to protest the takeover by China’s Cosco Pacific of container operations at Greece’s biggest port

The Rotterdam Rules now have 16 signatory nations, with more expected in the near future.

French ocean carrier CMA CGM is meeting with creditor banks and French finance ministry officials in Paris Sept. 25 to discuss its financial situation.

Zim, the beleaguered Israeli ocean carrier, reached an understanding with a Korean shipyard to delay the delivery of four 10,000-TEU container ships by up to five years, in a major boost to its restru

TBS International took delivery of the Rockaway Belle, the first in a series of six "Roymar Class" vessels.

Maersk Line may reverse its decision to leave the Port of Charleston at the end of 2010 if the South Carolina State Ports Authority can seal an agreement under discussion this week, the port's new chi

A long-planned project to turn two brownfield sites on the Delaware River into a breakbulk, project cargo and bulk port is now underway at Paulsboro, N.J.

Multi-purpose heavy lift carrier BBC Chartering USA’s Andino Express Line will begin a monthly sailing from the Port of West Palm Beach to Northern Colombia, Ecuador, Peru and Chile beginning in

Zim Integrated Shipping Services unilaterally decided to cut all of its long-term charter hire payments to ship owners by 35 percent for three years starting Sept.

Evergreen Lines said it will apply its general rate restoration program to eastbound shipments starting Oct.

Total U.S. imports of steel declined 13.8 percent to 854,000 tons in August compared with 991,000 tons in July, based on preliminary reporting.

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.

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 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