Container Shipping News

Norway’s Wilh.

Transfennica's combination "Trafexpress" container/roll-on, roll-off vessel Timca called the Port of Jacksonville this week and discharged about 6,000 tons of breakbulk Scandinavian paper an

Container ship charter rates plunged to historic lows and are set for further steep falls in the coming weeks as ocean carriers prepare to return scores of hired vessels to their owners in a bid to sh

Somali pirates hijacked the MV Victoria Tuesday afternoon off the southern coast of Yemen for the second time in a year.

Germany's Deutsche Post DHL reported first quarter operating profit crashed 95 percent from a year ago mainly due to the cost of shuttering its U.S. domestic express delivery service.

The U.S.

Maersk Line, extending its bid to reverse a slide in ocean pricing, today announced rate increases on its services from Northern Europe to North Africa and the Mediterranean as well as from Asia to th

In a welcome turn of events for the beleaguered Port of Charleston, Mediterranean Shipping Co.

The number of foreign trade containers handled by the Port of Tokyo was completely unchanged in December.

A.P. Moller-Maersk is calling for creation of a secure maritime corridor off the coast of eastern Somalia to protect vessels against the surge in pirate attacks.

A.P. Moller-Maersk Group reduced its CO2 emissions by 9 percent in 2008 compared with 2007.

Asian imports to the U.S.

Hyundai Merchant Marine will introduce two services in May and June, connecting China to the U.S. East Coast.

Alexander & Baldwin, industrial real estate operator and parent of Matson Navigation, earned a profit for the first quarter of $3 million, a 93 percent slump compared with earnings of $42.1 millio

China Shipping Container Line will operate eight of its own ships and add Norfolk as a port on an Asia-to-East Coast service that it previously operated jointly with CMA CGM.

John Fredericksen, the billionaire shipowner and dissident investor in TUI AG, is gathering support to oust TUI Chairman Juergen Krumnow at the annual general meeting of Europe’s largest tour op

CMA CGM will introduce a new service linking North Europe, Greece and Turkey with the first vessel leaving Hamburg on June 1.

Cargo tonnage at the Port of Prince Rupert dropped 24.5 percent in the first quarter even though container traffic at the Canadian West Coast port doubled over the first three months of last year, the

The ports of Los Angeles and Long Beach, as well as the American Trucking Associations, claim they got what they wanted in last week’s decision by U.S. District Court Judge Christina A.

When the NYK Line ship Nebula approached the Port of New York and New Jersey on March 8, the ship had a problem. It was riding too high in the water to pass beneath the Bayonne Bridge.

London - Global Ship Lease, a leading containership charter owner, said it is talking with its bankers about amending terms of an $800 million credit facility.

The Massachusetts Port Authority (Massport) on April 30 announced the beginning of direct export service at Boston Autoport.

Looking to focus more on cargo business in the downturn, A.P.

Maersk Line, expanding its bid to raise prices, posted a series of rate increases today on its service from Asia to Latin America that will take effect on June 1.

Carriers in the Asia-Australia Discussion Agreement announced plans to raise their bunker surcharges for cargo moving from China and Hong Kong to Australia.

APM Terminals said Friday it will participate in the consortium led by Bolloré Africa Logistics that has a contract to develop a new deepwater container terminal at the Port of Pointe-Noire in

In a concession to financially pressed shipping lines, the Panama Canal Authority will cut back some tolls and fees while giving carriers greater flexibility in reserving movements through the canal.

Mediterranean Shipping Co.

A majority of the attendees at The Journal of Commerce's 9th annual Trans-Pacific Maritime Conference don't foresee an economic recovery for at least another year, according to live poll questions ask

Customs and Border Protection is looking at alternative ways of calculating the timeliness of security information that importers are obligated to file before their cargo is loaded aboard ship.

Höegh Autoliners, the U.S.

A.P.

The Grand Alliance, which already has a vessel-sharing agreement with Zim Integrated Shipping Services on its Atlantic Express Service (ATX), agreed to charter slots in the service to Hamburg Süd

Port Metro Vancouver, British Columbia, reports a 15.6 percent decline in TEUs, or a 15.5 percent decline in tonnage, handled in the first quarter of this year compared with the same period in 2008.

Ocean carriers are seeking a permanent injunction against enforcement of a new state regulation that will require the use of low-sulfur fuel in vessels’ main engines, auxiliary engines and auxil

A.P.

Danaos, one of the world's biggest containership charter owners, delayed the delivery of 15 box ships from South Korean and Chinese shipyards.

Containership owner Seaspan defied the global downturn by earning a first quarter profit of $24.2 million, compared with a loss of $7.7 million in the same quarter last year as revenue from chartering

Importers and exporters are facing risk of cargo losses or delays during the current global recession because of the increasing possibility of cargo theft, failure of their transport and/or logistics

The cook aboard the Maersk Alabama when it was hijacked April 8 by Somali pirates filed suit against the company and Waterman Steamship Corp.