Container Shipping News

Russian shippers are speaking out against restrictions on their dealings with terminal operators.

The sale of the ships to New York Stock Exchange-listed Navios is expected to be completed in parts from July 12.

The deal comes just over two months after Hapag-Lloyd sealed its merger with United Arab Shipping Company.

US importers in the coming weeks will begin to encounter a tightening of vessel space and occasional equipment shortages.

“There aren’t many other takeover candidates left on the shelf.”

The fleet of ships jobless for at least 14 days has declined from 1.7 million TEU in November 2016.

NYK's head of container shipping Jeremy Nixon will lead the new Japanese carrier ONE.

A combined Cosco-OOCL carrier will further reduce the options for shippers that have been cut drastically by a wave of consolidation in the past year.

The deal maintains the Hong Kong carrier’s brand and marks a new chapter in the ongoing industry consolidation.

Access to real-time data is extremely useful to carriers, BCOs, and others, but a consensus has yet to emerge on who owns the data.

Project shippers and carriers hope the Export-Import Bank of the United States, a political football for years, can get off the sidelines soon.

An Asia-ECSA service is a prime example of why ports around the world are racing to upgrade their infrastructure to keep up with growing ship sizes.

Spot rates in the eastbound Pacific this week could not sustain the double-digit increase of last week.

The duo will develop a container feeder service to cater to the needs of exporters, importers, and local coastal traders.

Japan's three major carriers have officially formed the One Network Express in Tokyo.

Spot market rates fall on Asia-Europe, ignoring the start of the peak season and tight space on the trade as volume rises.

It has been 10 days since a cyber attack crippled Maersk Line, Damco, and APM Terminals, but the carrier has reported a rapid rise in cargo bookings as its systems are restored.

Better freight rates and strongly growing volume will see Cosco Shipping posting a solid profit in the first half.

The new CMA CGM call will be part of the carrier’s north-south Cagema service.

India’s controversial decision to tax imports is increasing the financial pressure on transport services providers.

“We see lots of changes in terms of networks and ports of call and there is some impact on rates.”

Although the unemployment rate has stabilized, there has been a significant change in the makeup of the idled fleet.

The Athens-based company owns 11 container vessels.

The rapid rise of SM Line has been impressive, but its competitive advantage down the road could be undermined without bigger ships and alliance partners.

Just days after APL announced the launch of a direct Asia-Hawaii service, NYK has doubled its frequency to the US island state.

Hyundai affiliate CUT is closing its terminal in Los Angeles. Could it be followed by other terminal shake-ups resulting from restructuring of carrier alliances?

The notes will be listed on the Luxembourg Stock Exchange.

The move follows on the heels of rival Maersk Line revamping its India-Africa service network.

Carriers can lose up to 16 hours as vessels wait to be refueled.

SM Line Corporation plans to add nine more vessels to its fleet by the end of this year.

Rate levels look set to continue their recovery for the second half of the year, according to Drewry analysis.

Japan's three major carriers say the new joint venture liner shipping company is ready to be established.

Analysts say the introduction of larger ships could diminish service levels.

APL has added to its trans-Pacific network with a new and direct North Asia-Hawaii service.

Spike in trans-Pacific spot rates may be due to GRI.

Spot rates on Asia-Europe were up 13 percent this week as the rate increases took hold.

A key issue is which ships are allowed to enter the port first if there are several waiting.

Maersk is limping toward recovery from a devastating cyberattack.

The long-neglected south Brazilian port of Imbituba has secured its first deep-sea contract in more than two years.

Hapag-Lloyd has been taken off Standard & Poor’s CreditWatch.