Container Shipping News

So-called “cap and trade” legislation passed in the House and pending in the Senate has “created a new threat to American manufacturing,” the president of the American Institute for International Stee

Mediterranean Shipping Company will expand its Golden Gate Service between Asia and the U.S. East Coast to provide connections to and from India via Singapore and Salalah.

The CKYH Alliance will start direct service between Vietnam and the U.S. East Coast in the middle of August by adding Ho Chi Minh City to the current AWE-4 service.

Ocean carrier executives in the eastbound trans-Pacific were not quite ready to break out the champagne in late June, but they appeared pleased that freight rates had finally hit bottom after a long s

CMA CGM China and CMA CGM Hong Kong Shipping will switch to CNC’s international liner services from the Agnès CHONG group as of Aug. 1.

Hapag-Lloyd, responding to reports that mounting losses are crippling the carrier's finances, denied today it is in talks with the German government for state financial assistance.

Exporters and importers know all roads lead to or from a port, which is why West Coast port operators are clamoring for a share of the $450 billion highway bill.

The ill wind blowing through the global transportation industry claimed its latest ocean shipping victim when Eastwind Maritime and more than 50 of its affiliates filed for liquidation in late June.

Over the years, regulatory disputes in the trans-Atlantic container trade have been as prominent at times as commercial activity.

The container shipping industry is on pace to scrap a record 300,000 TEUs of capacity this year as carriers and shipowners race to curb supply in the face of plunging demand.

If you want to see how the world’s economic axis has shifted, look no farther than the U.S.-North Europe container trade.

Moving to trim down capacity in a tight market, container lines CMA CGM, CSAV and China Shipping Container Lines said Thursday they are combining their direct services between the Far East, Mexico and

Danaos, the Athens-based containership charter owner, announced it has reached agreement on waiver terms for three credit facilities totaling $908 million.

A federal court cleared the way Wednesday for the California Air Resources Board to require that ocean vessels use low-sulfur diesel fuel in their main and auxiliary engines within 24 miles of the coa

The first-ever solar-assisted car carrier called Wednesday at the Port of Long Beach in what NYK Line executives said is the first step toward the distant goal of developing a zero-emission vessel.

Cosco Container Lines and Evergreen Marine will combine their existing joint ESA and FAX services linking the Far East, South Africa and east coast of South America into a single new weekly ESA servic

Eimskip, the ailing Icelandic ocean carrier, said it will hand over its North Atlantic shipping operations to its creditors in a $2.2 billion restructuring that involves Yucaipa, a U.S.

Fleet Management Ltd., the operator of the ill-fated Cosco Busan that spilled 53,000 gallons of fuel into San Francisco Bay after slamming into the Bay Bridge in November 2007, faces fines up to $40 m

Danaos, the largest U.S.

Project and heavy lift carrier Intermarine’s 8,000 deadweight-ton Industrial Dart delivered GE wind blades to the Port of Wilmington, Del., this week.

India’s Port of Jawaharlal Nehru unveiled plans to acquire four super post-Panamax rail-mounted quay cranes in a bid to improve productivity and boost container handling at the state-owned termi

Aries Maritime Transport sold the Ocean Hope, a 1989-built container vessel, to an unrelated third party for a net price of $2.3 million.

A record 300,000 TEUs of container ship capacity is set to be scrapped this year as ocean carriers and charter ship owners face a growing mismatch between supply and demand for tonnage.

DAL Deutsche Afrika Linien announced weekly southbound sailings from Marseilles to the main ports of South Africa beginning July 1.

Container carrier Hamburg Sud’s Australia/New Zealand service recently delivered three Erickson Air-Crane heavy lift helicopters to the Port of Oakland.

Maersk Line will launch a nationwide chassis pool, pushing forward the evolution of the U.S. intermodal industry.

Like NASCAR drivers when the green flag is waved, container lines raced to start direct services this month from Vietnam’s newly dredged deep-sea port of Cai Mep to the U.S. West Coast.

Containerized exports through WEST COAST PORTS plummeted 21 percent in the first four months of 2009 from a year earlier, but problems don’t end there for trans-Pacific exporters.

The U.S.

South Carolina’s seaports in Charleston and Georgetown stand to gain more than $12 million in additional funding for studies of channel deepening as a result of actions this week in the U.S.

After buying Eukor Car Carriers’ 50 percent stake, Grimaldi Group is now the sole owner of the Swedish roll-on, roll-off port of Wallhamn. Grimaldi Group and Eukor bought the port in 2005.

The South Carolina State Ports Authority, which oversees the ports of Charleston and Georgetown, is bracing for a 6 percent decline in container traffic during the next fiscal year.

A.P. Moller-Maersk is selling some of the trucking services provided by its European ferry subsidiary Norfolkline Logistics to DSV, Scandinavia’s largest trucking and logistic group.

Matson Navigation's top unionized ship officers could strike tomorrow if they do not reach agreement during scheduled talks with the shipping company today.

Japanese export ship orders tumbled for the eighth consecutive month in May on a year-on-year basis, as a recovery in ship owners' flagging demand for new vessels is not yet on the horizon amid the gl

Chiquita Brands International said it does not expect the bankruptcy filing by Eastwind Maritime and many of its affiliates to adversely affect service to Chiquita's customers and the delivery of its

Eastwind Maritime, an operator of refrigerated ships domiciled in the Marshall Islands, filed for liquidation on Tuesday in the U.S. Bankruptcy Court of the Southern District of New York.

Karel Van Miert, the former European Union antitrust chief who played a key role in the demise of liner shipping conferences, died Monday after falling from a garden ladder at his home south of Brusse

Steel imports in May totaled $1.122 billion, down from April imports of $1.344 billion, said the U.S. Census Bureau in a preliminary report.

Revenue of the biggest ocean container carriers plunged by 35 percent overall in the first quarter of the year compared with the same period in 2008 in what is shaping up to be the worst year in moder