Container Lines

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

Reading the JOC 2015 Annual Review and Outlook, I’m reminded of the continuation of the conflicts between service providers and customers, and question some of the logic in these conflicts.

News & Analysis

26 Feb 2015
Port productivity as ships get larger is stalled resulting in ships remaining in port for longer periods of time, delays to cargo and higher costs for carriers.
26 Feb 2015
Rickmers Maritime sank to a $16 million net loss in 2014 from a $23.5 million profit in the previous year as impairments and lower containership charter rates in the third quarter offset a profitable final three months.
26 Feb 2015
Mediterranean Shipping Co. plans in late April to launch a new container service directly linking India and China to capitalize on the booming intra-Asia cargo trade.
25 Feb 2015
Shipping lines in the eastbound Pacific confirmed on Wednesday their intention to raise freight rates $600 per 40-foot container for all shipments on March 9, and to increase rates an additional $600 per FEU on April 9.
25 Feb 2015
Damco’s decline deepened in 2014 as the Maersk Group’s freight forwarding and logistics unit saw ocean and air freight volumes slide in a growing market.
25 Feb 2015
Maersk Group made a record net profit of $5.2 billion in 2014, up 38 percent on the 2013 result and driven by a strong performance by Maersk Line, which reported a profit of $2.3 billion.
24 Feb 2015
Most West Coast ports were bustling with activity this week as marine terminals order full vessel, yard and gate work crews, and International Longshore and Warehouse Union dispatch halls are filling all of the orders.
Matson container ship in Port of Oakland, February 2015
24 Feb 2015
Matson posted increases in profit for the fourth quarter and full year of 2014 and said it expects “modestly higher” operating results in 2015, aside from the company’s pending acquisition of Horizon Line’s Alaska service.
24 Feb 2015
Less container ship capacity is expected to be scrapped this year, as the price of steel continues to drop and the pool of older vessels shrinks, analysts say.
maritime law concept
24 Feb 2015
Shippers can better avoid getting hit with higher costs from unscrupulous ocean carriers by insuring contracts don’t allow carriers to hike drayage and other costs just because port congestion pushes up delivery rates, possibly triggering demurrage charges, especially on door delivery shipments, a maritime attorney said.