Container Lines

In-depth coverage of container freight, including TEUs, iso containers, container standards and relevant issues.

The container carrier landscape is constantly evolving. See how the companies involved have changed as a result of mergers and acquisitions since 1977.

Commentary

As the IMO's container weight rules near launch, there is great doubt about how countries will implement them and even if they can. For those who can, there’s the time and cost elements to consider as well as the concern about being different from others that can’t comply. Are those reasons to do nothing or to comply when convenient?

News & Analysis

05 Feb 2016
Japan’s government on April 1 will release draft guidelines for penalties and variation between the verified gross mass and actual weight of a container for meeting the International Maritime Organization’s looming Safety of Life at Sea, or SOLAS, container weight rules, which take effect July 1.
05 Feb 2016
South Korea’s Hanjin Shipping has introduced a new container service at Krishnapatnam Port, a fast-growing alternative, minor, cargo gateway on India’s southeastern coast.
SOLAS VGM IMO container weight
04 Feb 2016
Saying it will be impossible to implement the SOLAS container weight rule by July 1 without severely disrupting trade, U.S. exporters are calling on the Coast Guard to delay the rule until it can be amended and determined that they won’t face a competitive disadvantage against foreign exporters.
04 Feb 2016
China Shipping Container Lines’ mega-ship Indian Ocean has run aground in the Elbe river roughly 19 miles from the Port of Hamburg, according to the German newspaper Die Welt.
04 Feb 2016
Two of Japan’s big three shipping lines sailed into the crosshairs of Moody’s ratings agency, with the outlook of Mitsui O.S.K. Lines being reviewed to negative and K Line heading for a downgrade as weaker than expected profitability clouded their 2016 prospects.
03 Feb 2016
The SOLAS requirement that all packed containers must have a verified gross mass (VGM) before being loaded from July 1 sounds reasonable and straight forward, but parties within the export supply chain of a container are finding that compliance will depend on a sharp revamp of their internal processes.
02 Feb 2016
E-commerce ocean freight booking service Inttra, container lines and forwarders are working to create processes for a new type of form that will allow shippers to electronically send the verified gross mass of their container shipments to carriers in an attempt to eliminate a potentially huge bottleneck to trade once a new global container weight requirement takes effect in July.
02 Feb 2016
Zim Integrated Shipping Services unveiled plans to overhaul its organizational structure to maximize profits on the Israeli ocean carrier’s core liner routes.
02 Feb 2016
Hanjin Shipping edged into the black in 2015 with its $6 million net profit representing a half-a-billion dollar turnaround from the huge 2014 loss as the carrier managed to offset declining revenue with lower costs and the rationalization of service lanes.
01 Feb 2016
Rickmers Group has reiterated its 2015 results forecast in response to the recent slump in its corporate bond.