Container Shipping News

“The alliances are a tremendous concern.”

Eimskip in the last two years has acquired two freight forwarders focused on reefer cargo.

Further grating shippers, carriers are providing no guarantees that all goods of a shipment will be loaded.

Proposed Canadian legislation would allow EU-based carriers to reposition empty containers between domestic ports.

“We are well positioned to deliver profits this fiscal year and beyond.”

West Coast spot rates reverse 10-week decline since Chinese New Year.

The original rulemaking announcement, however, did not include the new rule’s effective date.

In just two days, shippers will be dealing with a totally changed container shipping landscape as the global carriers roll out their new alliances.

Singamas has reported a full orderbook for the first quarter as carriers and container lessors try to avoid any shortages in boxes.

How can the shipping industry reach a model where everyone can succeed?

The report of deep losses comes as the Taiwanese government pressures the carrier to reform or face a considerable shakeup.

The new rules underscore a recent trend of greater government scrutiny of the pricing practices of the world’s leading ocean carriers.

Ships calling Yokohama can stack various incentive schemes to get discounts of up to 100 percent on port dues.

“We should expect a general development wherein networks will gradually migrate toward designs with fewer but larger hubs.”

The April 1 rate increases will coincide with the launch of the new alliances and the closing out of BCO contracting season.

Trailer Bridge is developing a new niche with 53-foot containers on a twice-weekly service to Santo Domingo

Steady slide in eastbound Pacific spot rates should be coming to an end.

Hapag-Lloyd said it’s facing a challenging start to 2017.

The Asia-Europe spot market was flat this week, and although Europe-China prices have fallen in the past two weeks, the eastbound rate remains well above the levels reached last year.

The Department of Justice declined to say why CEOs of major carriers were served subpoenas March 15 at the biannual Box Club meeting in San Francisco.

Freight volumes have surged 23 percent in the first two months of 2017.

BCOs are looking to air freight as an alternative to shipping cargo from North Europe to Asia as ocean space remains tight.

Traffic began to take off in the second half of the year.

Alphaliner executive consultant Hua Joo Tan's speech at the 17th annual TPM Conference took a look at where ocean capacity currently stands in relation to demand.

A smooth rollout is not expected.

It is not only dry containers where freight rates are heading for the stars.

The Department of Justice is targeting a “gray area” between its authority and that of the Federal Maritime Commission.

Pace of service contracting should heat up as soon as final questions about new carrier alliances are answered.

El Coqui slid into the water Monday.

One theme that popped up in a number of panel discussions at the JOC's 17th Annual TPM Conference was a changing of the paradigm that defines relationships between carriers and shippers.

Cargo booking exchange platform secures funding of $8.5 million from GE and Goldman Sachs, among others.

“Shippers along these routes will get the best transit times, most competition, and cheapest rates. The reverse will be true for niche shippers.”

Rickmers Maritime’s loss rose to $180.1 million in 2016 from $129.2 million a year earlier.

If world trade demand increased by 3 percent per year between now and 2022, a total of 22 million TEUs would be required.

US authorities capitalized on a rare window to exercise their power over non-US-based companies.

The services to the US Southeast are the latest in a series of trans-Pacific services the Haifa-based carrier has been introducing ahead of the restructuring of the global vessel-sharing agreements April 1.

The system will help increase the number of New Panamax ships that can pass through the Panama Canal from an average of five a day at present.

Spot rates each week have declined in single-digit increments since peaking in mid January.

SM Line is entering an already crowded market.