Container Shipping News

Container ship operators to and from India are increasingly tapping breakbulk or heavy cargo opportunities.

Maersk's first second-generation Triple-E has made its first call on the Asia-Europe network of the 2M Alliance, with another 10 of the giant 20,568 TEU ships still to come.

All-in freight rates on the Asia to ECSA trade lane appear to be settling in at levels at least double what they were during the last bidding season.

BCOs fear that any teeth added to service contracts will come out of their pockets in other ways.

Spot rates in the eastbound Pacific this week went up for the first time since mid-January.

The House of Representatives — and soon the Senate, sources say — will hear the concerns of domestic tugboat operators.

"Port Klang will be the big loser as a result of the alliance shifts.”

The cost of the takeover was revealed for the first time.

The first two ships have begun their charters.

It has been a good first quarter for OOCL with solid increases in revenue and volumes on the east-west trades. Business appears to be looking up for Hong Kong's OOCL.

Spot rates on the Asia-Europe trade have risen close to their 2017 highs, even as backhaul rates fall for the forth consecutive week.

The next 12 months will be good for Japan's top three carriers that are predicting a profitable 2017/18 financial year.

Seaspan Corporation’s earnings and revenue declined in the first quarter.

The move seeks to solve a core problem that underpins the industry’s slow pace in digitalizing processes.

With the help of Microsoft, Maersk Line plans to roll out customer software applications in the third quarter that will help beneficial cargo owners track containers and manage cargo.

Trading in Yang Ming stock on the Taiwan Stock Exchange was suspended last week.

Work is already under way to develop the scope of the Baltic’s freight market information services.

Japan’s container trade is estimated to have risen 1.9 percent year-over-year to 11.9 million TEU in fiscal 2016.

Carriers control the physical transport of containers, so any supply chain solution needs to have their support.

Although the alliance changes that reshuffled carrier alliances from four to three took effect April 1, the impact is only slowly emerging on routes across the globe.

Installation of the new Tideworks Technology system at San Juan follows the rollout of the system last September at Crowley’s Port Everglades, Florida terminal.

There are signs potential negative effects of the new alliances on transshipment and tariffs may be overstated, according to the CEO of HPH Trust.

Yang Ming has managed to beat the market on the trans-Pacific eastbound in the first quarter as the carrier tries to restore shipper confidence following its recent share trading suspension.

There is not yet any resolution to the Shanghai congestion, but vessel berthing delays are showing a slight improvement.

Spot rates in eastbound Pacific basically flat last week.

The upside is that spot freight rates likely will stabilize.

Given the nexus of polar opposites along the technology spectrum, the outcome is uncertain at best.

Growth in car carrier ship capacity is balanced by uneven demand for vehicles and high-and-heavy cargoes.

Rising cargo volumes deliver increasing profits despite the fragile economic situation in the European market.

For the first time, Savannah has more weekly trans-Pacific alliance services than the Port of New York and New Jersey.

Shipper concerns over the financial viability of the carriers they use has heightened after Hanjn Shipping collapsed last year.

There is no let-up in rising backhaul Europe-Asia rates, even as the Shanghai-Rotterdam spot market steadily edges up.

The prospect of cargo being rolled at Shanghai's choked Yangshan terminals has been raised by forwarder Kuehne + Nagel.

The fight underscores how explosive the petition is becoming.

Poor conditions are exacerbating the challenges brought about by the new alliances at the port of Yangshan off the coast of Shanghai.

Shippers and freight forwarders were increasingly dissatisfied with container lines through 2016.

Transport and logistics services providers in India are disappointed and bewildered at government changes to a controversial tax.

Spot rates in eastbound Pacific continue single-digit decline.

Carriers in most cases have kept the rate on the West Coast that they charge their largest customers above $1,000 per feu container.

Container traffic at the port of Rotterdam grew 8.8 percent in the first three months of the year, the biggest ever quarterly increase.