Container Shipping News

The American fleet on the Great Lakes is having a very bad year, with a third of the vessels tied up and the remainder carrying 20.9 million tons of cargo for the first half, down 46.6 percent from th

Hapag-Lloyd announced it will raise its rates on the Trans-Atlantic in a series of steps that include an emergency bunker surcharge followed by a two-step general rate increase.

U.S.

After of months of a downward trend in container traffic through the Port of Halifax, some of the most recent statistics are showing a slight positive shift.

Volumes at India’s 12 major ports have seen growth for the second consecutive month, showing the early signs of a gradual recovery in the global economy.

Hanjin Shipping will join APL's Suez Express Service, linking South Asia, the Middle East and the U.S. East Coast, beginning at the end of this month.

Mediterranean Shipping Co., the world’s second-largest container line, plans to scrap more of its older vessels and return chartered ships to keep its overall capacity from growing as it take on new,

Maersk Line was named Sustainable Shipping Operator of The Year in an awards ceremony in London on july 15 that recognized its effort to reduce the environmental impact of its business operations.

Imports at the leading container ports increased 5 percent in May compared with April, but were down 20 percent compared with May 2008, continuing a trend that has been present in the U.S.

Containership owner Danaos, facing declining demand in the charter market, is delaying delivery of five 6,500 TEUs ships from a South Korean shipyard that have been chartered for 12 years to French oc

The volume of container handled by the Port of Rotterdam fell by 15 percent in the first six months of 2009 to 4.6 million TEUs, but the Port of Rotterdam Authority said July 15 it believes the downtu

New York-New Jersey port truckers said they support the concept of chassis pools, but aren't happy with Maersk's planned Direct ChassisLink program, and won't support it without changes.

Singapore's container terminals handled nearly 2.1 million TEUs in June, down 17 percent from the same month last year, but only fractionally below May levels, according to preliminary estimates by th

Idled container ship capacity is heading for more than 2 million TEUs by the end of the year, as shrinking global box traffic amid accelerating deliveries of new ships swells the glut of tonnage.

The members of the U.S.

The parent of Hong Kong-based carrier Orient Overseas Container Line said revenue plunged 42.6 percent in the quarter ending June 30, and the carrier said it expects the sharp decline in shipping to c

Container traffic handled by major ports in India fell 8.4 percent in the April-June period, the first quarter of fiscal 2009-10, amid signs of improvement in overall traffic movements.

Crowley Maritime delivered the Royal Ballet’s sets, scenery, costumes, lighting equipment and props to Cuba last week for the ballet troupe’s performances in Havana July 14-18.

Zim Integrated Shipping Services is sailing against prevailing business winds by adding capacity to its fleet.

The proverbial “green shoots” that some analysts detect in recent economic indicators are not appearing in the global container shipping industry.

From 2004 through 2008, U.S. exports to Brazil, Colombia, Chile and Argentina — South America’s four largest economies— more than doubled. While U.S.

Automobile and roll-on, roll-off traffic between the U.S. and the Middle East is in slow recovery mode after falling hard and fast.

Do tanks fly?

When Maersk Line officials this year looked at the service requirements of their trans-Pacific customers, they came to a shocking conclusion: “Even we couldn’t get the scale we wanted on o

Hapag-Lloyd, the world’s fifth largest container carrier, will get approximately $1 billion in financial support from its owners as it seeks additional aid from the German government and lenders

All U.S.-flag ships in international commerce would have to be built in the United States if language approved July 9 by the Senate Commerce, Science and Transportation Committee becomes law.

Two shipping consortia that provide services between northeast Asia, Brisbane and New Zealand said today they are cutting capacity on the route by combining their two loops.

New legislation will give Louisiana importers and exporters a $5 per-ton tax credit on breakbulk or containerized cargo on oceangoing vessels through a Louisiana public port authority.

Carriers under economic distress are appealing to the mercy of shippers, but it's not having the desired effect.

Chilean carrier CSAV said it has raised $145 million of new capital, most of it in the form of new equity from existing shareholders.

Maersk Line said July 9 it will revise the port coverage and rotation of its Euromed service between Northern Europe and the Eastern Mediterranean as of July 20 and add a new feeder service to increas

Members of the Asia-Australia Discussion Agreement will implement a rate increase as part of a rate restoration program for the trade moving from China and Hong Kong to Australia.

Zim Integrated Shipping Services announced plans to implement a peak-season surcharge on the Asia-Mediterranean-Europe trade, effective Aug. 1 through Oct. 31.

The shareholders of Hapag-Lloyd on Wednesday agreed to provide financial help to the German ocean carrier struggling to survive the slump in container shipping.

A consortium led by Spanish firm Sacyr and Italy’s Impregilo submitted the lowest bid on a contract for the largest portion of the Panama Canal’s $5.25 billion expansion project, the Panama Canal Auth

Freight traffic on the St. Lawrence Seaway slumped nearly 36 percent in the first third of the navigation season.

Hamburg Sud and Alianca will raise bunker surcharges on their east coast Americas trade routes by US$25 per TEU, starting from the beginning of August, the Shipping Gazette reported.

Evergreen Marine said today it plans to reduce the size of its global container fleet by a sixth over the next four years as it sees no clear signs of an economic recovery.

Shipping lines in the eastbound Pacific announced a huge rate increase effective Aug.

Maersk Line plans to cut the number of berths it leases at Kaohsiung Harbor in southwestern Taiwan because of dwindling business, a harbor official told the Taipei Times.