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

What does it mean if the largest container line in the world is making money while most of its peers are less profitable or struggling? Where will it lead?

News & Analysis

01 Sep 2014
Small Malaysian container line and regional feeder operator PDZ released its full-year results, and once again the destructive impact of weak freight rates was evident in the financials despite the line posting a pre-tax profit.
31 Aug 2014
Zim Integrated Shipping Services entered the final stages of a debt restructuring programme after posting a mixed set of first quarter results where the carrier managed to reduce the size of its loss despite falling revenue.
31 Aug 2014
Cosco Container Lines (Coscon) is placing an order for five 14,000 TEU vessels as it continues with an aggressive tonnage scrapping programme to revitalise both its fleet and its flagging profits.
Weekly wrap-up for Aug. 30, 2014
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
30 Aug 2014
Chilean container line CSAV cut back its losses in the second quarter, losing $58.5 million ahead of its merger with German carrier Hapag-Lloyd.
30 Aug 2014
The Clementine Maersk will skip the port of Vancouver, British Columbia, in its current rotation, citing congestion and “significant” delays following the CMA CGM Attila’s striking of the dock two days ago. The Maersk Line vessel will shift cargo bound for the Canadian gateway to the CMA CGM La Scala.
29 Aug 2014
NYK Line in May took delivery of the first post-Panamax car carrier built in Japan. Dubbed the Aries Leader, the new pure car carrier not only boasts a capacity of 7,000 vehicle units, but also a wide range of energy-saving technologies not found on other such vessels.
29 Aug 2014
At least two ocean carriers are cutting intermodal fuel surcharges for dry and refrigerated shipments to and from the United States, effective Oct. 1, as a result of falling diesel prices.
The spot rate to the U.S. East Coast was $4,344 per 40-foot container this week.
29 Aug 2014
While some September 1 general rate increases seem to be successful, others have not taken hold, and spot rates in those lanes may drop to new lows.
Ocean carrier rate revision roundup for Aug. 29
29 Aug 2014
Several container lines have planned general rate increases in trade lanes in the next two months, but any gains achieved could be fleeting as overcapacity and sluggish global demand continue.