Container Shipping News

China's tariffs on US DDGs is killing exports of this important containerized commodity.

Rodolphe Saade joined CMA CGM in 1994.

There remain parallel, divergent narratives as to how strong the market truly is headed into the 2017 TPM conference later this month.

After posting a $376 million annual loss, Maersk Line believes rising freight rates in 2017 will have a dramatic effect on its profit.

Shippers can do a few things to protect themselves from another Hanjin-like disaster on the seas.

Freight traffic grew by double digits across the DFDS network, and cargo rates increased.

A fourth quarter growth in volumes and revenue could make a tough year a little less painful for the world's market leading liner shipping company.

The deal takes effect April 1 along with the reordering of global shipping alliances.

Central American producers to expand their markets by extending the shelf lives of perishable shipments.

With exports to the US dropping significantly, freight rates would have normally dropped sharply.

Beneficial cargo owners got a taste of what to expect back in 2012.

Asia-Europe spot rates continue to hold their ground in the traditionally quiet post Chinese New year period.

The deep capacity cuts forecast by Seaintel come as spot rates on the trans-Pacific and Asia-Europe trade lanes are at least 50 percent higher than last year.

Extra services played a role in the decline.

The anticipation of record losses underscores the necessity of Japan's leading container lines’ plan to merge.

A pension fund for longshoremen at the Port of New York and New Jersey want permission from a bankruptcy court to seek companies related to the carrier who can help pay the debt.

More than two-thirds of failed Hanjin Shipping’s fleet is still looking for employment.

Zim Integrated Shipping Services is positioning itself to capitalize on project cargo in India.

Trans-Pacific service contract negotiations are complicated by a barrage of mixed signals.

Carriers in the eastbound Pacific maintained the strong freight rates that have marked the pre-Chinese New Year period.

Costamare sank into the red in the final quarter of 2016.

Cosco Shipping Ports and CMA Terminals Holdings signed a cooperation memorandum of understanding for ports worldwide.

OOCL has found out that one strong quarter doesn't make a good year, with average revenue per TEU tumbling in 2016, despite a strong improvment in the market during the fourth quarter.

Spot rates on Shanghai to Europe and the Mediterranean showed only a slight drop this week as China's biggest holiday begins.

MOL is upgrading its CX1 feeder service from the Amazon River port of Manaus, Brazil, to Manzanillo, Panama.

Rickmers Maritime has sold its second container ship for scrap in as many months.

China's largest shipping company is about to record a huge loss for 2016, an indication of what is to come in the troubled industry.

Which routes will shippers use for increased US resin exports?

The new ice-class ships are scheduled for delivery in 2019.

A surge in deliveries of mega-ships this year will prolong overcapacity in the container market and hit north-south liner trades hardest.

Short-sea ship operator Qatar Navigation Lines is ramping up its feeder coverage between India and the Middle East.

Carriers operating on the trans-Pacific earned significantly less per FEU on the spot market in 2016 than they did the year before.

It will be a busy marketplace on the trans-Pacific from April as smaller carriers and the mega alliances all compete for a share of the growing US import container trade.

Spot rates are a barometer for how trans-Pacific service contract negotiations could fare.

HSH Nordbank, the leading financier of container ships, is up for sale.

Eimskip’s acquisition spree continued this week with the purchase of a Belgian refrigerated freight forwarder.

Beneficial cargo owners that book through non-vessel-operating common carriers should be aware that spot rates can vary dramatically and those that seek the lowest rates have the highest risk.

The trans-Atlantic continues to slide down the container route rankings.

Taiwanese carrier Yang Ming Line tells customers of plans to improve its liquidity and stem the tide of losses.

Vehicle buyers and dealers sought treble damages.