Container Shipping News

Only 7.8 percent, or 392 miles of Puerto Rico's 5,073 miles of road, are open.

The NRF said strong consumer demand will result in calendar year 2017 retail sales increasing between 3.2 and 3.8 percent over 2016.

Japan’s exporters appear to be steadily reducing their reliance on the Suez Canal to reach markets in North and South America.

The Trump administration’s 10-day waiver expired Sunday.

APL on Monday said it will guarantee US importers’ containers won’t be left at the dock in China and Vietnam through a surcharge and a money-back guarantee.

Carriers face "massive overcapacity" through the end of the year.

Last summer’s contract extension by the ILWU and the PMA increased pressure for an agreement on the East and Gulf coasts.

It is holiday time for China’s weary ports and terminal operators that have had a busy three quarters exporting containers to Europe.

The first sailing from Tuxpan is scheduled for Jan. 12.

Of the three container shipping alliances, THE Alliance has the least megaships in operation or on order, a status that could affect competitiveness on Asia-Europe.

The Goods and Services Tax (GST) rollout in July dampened growth in the first half.

Jawaharlal Nehru Port Trust reported a 6.3 percent year-over-year increase in container volume in the first half of the fiscal year.

The government has helped fuel demand by stepping up maritime investments and reforms to push port connectivity.

Drop in spot rate this week indicates carriers' ability to raise rates this peak season is coming to an end.

Unscrupulous companies misdeclare cargo to sell Russian products as higher-quality imports.

Within the last 11 weeks, the spot rate to move a TEU from Asia to the east coast of South America fell more than 42 percent from $3,800 to $2,200

A new feeder service from Chittagong operated by state-owned BSC would reduce dependency on foreign operators.

US exporters and importers from the East Coast perhaps will drive rail and trans-Atlantic transport combinations that can offer better reliability than ocean routes to and from Central China.

Renewed coastal service will feed containers into ships calling at new JNPT terminal.

With the contracting environment shifting, BCOs are advised to prepare for tighter capacity, fewer carrier options, and increasing rates in the trans-Pacific.

Longtime industry consultant led Sea-Land Service in 1970s.

Brazilian regulators cleared the final hurdle for Maersk Line's $4.3 million acquisition of Hamburg Süd.

Deployment of extra-loader vessels contribute to slight drop in spot rates this week in eastbound Pacific

The Port of Santos may have to close for lengthy periods to lift some of the missing containers from the seabed.

US imports from Asia handled by NVOCCs increased 15 percent in the 12 months ending June 30.

In the past five days, 20 ships of 22,000 TEU have been ordered by two carriers.

Only their ability of container carriers to invest will lead to meaningful progress that will deliver benefits to the wider market.

It has been nine months since a shipper coalition submitted a petition seeking guidance on the matter.

“What we have seen this first half of this year is a massive reefer container shortage.”

“Shippers are forced to pay extra for each day vessels wait in the port.”

Will carriers be able to better manage space on ships from Europe to Asia in the first quarter of 2018?

Container shipping’s supply and demand gap is set to converge in 2018.

“Today the challenge is not the technology.”

Success or failure of rate increases less important to carriers than the sustained profitability of the spot rate, believes Drewry.

CMA CGM on Friday confirmed its order of nine 22,000-TEU ships in a report noting the Marseille-based carrier posted a second quarter gain in net income.

Spot rates in eastbound trans-Pacific turn higher in harbinger of busy month ahead.

“The pre-Golden Week holiday volume spike is bleak this year.”

Inland warehouses and trucking loom as a potential weak link in the supply chain of US cotton exporters preparing for their biggest harvest in years.

US maritime regulators on Thursday voted to allow ocean carrier members of THE Alliance to form an emergency fund.

Two of the world’s largest shipping container operators now contribute information to the database, which has more than 1,000 users.