Container Lines

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

Commentary

 
The trans-Pacific eastbound trade is taking considerably longer than in the past to settle annual service contracts that will run through next April. Some ocean carriers walked away from large deals, while others are walking into them even at rates that appear to be below costs.

News & Analysis

 
21 May 2013
United Arab Shipping Co.’s ship Asir, which was crippled by an explosion that occurred in its engine room on May 11, has been moved to Jeddah, Saudi Arabia, by two tugs from Smit Salvage.
Zim container ship in the Port of Haifa
 
21 May 2013
Ocean carriers are paying a heavy price for failing to rein in capacity on the Asia-Mediterranean route despite the deepening economic crisis across southern Europe, according to shipping consultant Drewry.
 
21 May 2013
Singapore’s Rickmers Maritime Trust said
 
20 May 2013
Zim Integrated Shipping Services will boost rates for all shipments on its trade from Asia to the east coast of South America, starting June 15.
 
20 May 2013
Sea Star Line LLC has named Tim Nolan executive vice president, reporting to company President Peter Keller. He will be based in Jacksonville, Fla.
Christening of the Sebastião Caboto in Santos.
 
20 May 2013
Aliança has unveiled its new container ship, Sebastião Caboto, at the Terminal Maritimo de Passageiros in Brazil’s Port of Santos.
 
20 May 2013
Cosco Container Lines will increase rates for all shipments, including refrigerated cargo, on its trade from the Far East to South Africa, starting June 17.
 
20 May 2013
Samudera Shipping Line’s board of directors has announced that Torkis David Parlaungan Batubara, executive director and CEO of the container line, has resigned, effective May 22. He will also cease as a member of the nominating committee.
 
20 May 2013
Shippers face the likelihood of more slow-steaming on the major east-west trade routes from Asia to the U.S.
 
17 May 2013
Starting June 9, Cosco and ANL will jointly operate Sino Australia Service with six vessel deployments, including five vessels from Cosco and one from ANL.