Top 40 Container Carriers

The market rebound will reverse the heavy deficit incurred in 2016.

“This is an important strategic milestone and a big step forward for Hapag-Lloyd.”

There are signs that the liner shipping business is clawing its way back to profitability, but with the real impact of higher contract rates yet to be felt, it is too soon to say.

CMA CGM returned to the black in the first quarter.

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.

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

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

"After five years we will probably see new alliances, and smaller capacity carriers may lose out.”

Hapag Lloyd CEO Rolf Habben Jansen said the year is off to a strong start, after the container carrier reported a decline in operating profit in 2016.

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.

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

In an exclusive interview with JOC.com, Hyundai Merchant Marine President and CEO C.K. Yoo lays out the plans of South Korea's largest container line in 2017.

Investors continue to trade heavily in OOCL shares amid speculation that the Hong Kong-based carrier is for sale.

Takeover talk has long swirled around Hong Kong-listed OOIL, parent of OOCL, and new rumors are again seeing intense trading on the local bourse.

Years of unprofitability lie ahead for carriers with excess capacity and low rates likely to drive further consolidation.

Ports, terminals, carriers, and shippers are preparing for significant challenges that will come from this spring’s shuffling of vessel-sharing agreements.

The "HMM + K2 consortium" will initially facilitate vessel- and slot-sharing.

Industry analyst doubts Hyundai Merchant Marine’s goal of a 5 percent share of the global container market by 2021.

Hapag-Lloyd says it is confident of closing on the merger with United Arab Shipping Company very soon following reports the deal faces delay over financing issues.

Container shipping is on the dawn of a “new golden age” of profitability driven by the mergers and acquisition “frenzy” of the past two years.

Zim Integrated Shipping Services on Monday announced a restructuring of services on its key liner routes that will take effect next April.

The fight between the three major shipping alliances on US trades officially starts in April.

HMM failed to gain membership of the 2M Alliance, but the slot-sharing deal it signed up to will see the Korean carrier paying a heavy price.

Hints that capacity might tighten at the top global operators, but not at those that want to be among them, come as other industry analysts warn that the gap between supply and demand will widen.

The Iranian container line is ramping up to meet growing international container trade.

Hyundai to enter slot-sharing deal with Maersk and MSC, but it will be no 2M Alliance membership.

Maersk Line’s acquisition of Hamburg Sud will likely force it to sell its Brazilian flag operation Mercosul Line, which could open the door to CMA CGM or Mediterranean Shipping Co. to enter the closed Brazilian coastal shipping market.

Global container lines found guilty of cartel practices in the Russian market are seeking a settlement with Russian authorities in an attempt to avoid multi-million dollar fines.

A broad range of US shippers, truckers, and transportation intermediaries are asking federal maritime regulators to consider creating a rule to prevent marine terminals and container lines from charging demurrage and detention fees.

The original language would have expanded the antitrust immunity of container shipping alliances.

Maersk Line ended weeks of speculation with an announcement that it had reached an agreement to buy Hamburg Süd.

Fitch Ratings said Wednesday it expects Maersk Line to fulfill a long-anticipated takeover of a rival.

Fesco’s revenue and profit is still collapsing.

A sale of Hambürg Sud would end a year of intense consolidation in the liner shipping industry, with Maersk Line and now CMA CGM reportedly interested in buying the German carrier.

A sale of the German liner by the Oetker conglomerate would accelerate the consolidation that has significantly reshaped the financially troubled industry this year.

Mediterranean Shipping Co. said Tuesday that it’s still discussing allowing Hyundai Merchant Marine into the 2M Alliance, in direct contrast to its alliance partner, Maersk Line, telling the market Friday that a formal membership is off the table.

CMA CMG reports third quarter loss amid lower container volumes and rates, a year after posting a profit.

Hyundai Merchant Marine will not join Maersk Line and Mediterranean Shipping Co. in the 2M Alliance.

Hanjin Shipping spiraled closer to insolvency in the third quarter as Hyundai Merchant Marine turned a profit for the second straight three-month period as they plan for the future.

Just days after Taiwan’s leading container lines reported tumbling revenue and profit, the Taiwanese government said it will provide billions of dollars in financial support.