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

Maybe you’ve heard about China’s rejection of the P3 Network. In all seriousness, I’m hesitant to cover an issue such as this because of the overwhelming analysis and observation that has come before me. But I have strong feelings about why China refused to allow it and a lot of questions about the real outcome.

News & Analysis

31 Jul 2014
A group of pro-Palestinian activists will not be gathering en masse at Port of Oakland’s Berth 57 on Aug. 2 to protest the arrival of ships belonging to the Israel-based carrier Zim Integrated Shipping Services, the group announced on its Facebook page.
31 Jul 2014
Mitsui O.S.K. Lines Ltd. reported a sharp deterioration in its container-shipping financials for its fiscal first quarter ending on June 30th and said that rates during the remainder of its year would not recover to the degree it had projected.
31 Jul 2014
Interim result season is in full swing, and the financial reports reveal carriers in the container-shipping industry searching for a silver lining.
31 Jul 2014
Horizon Lines reported a 10.8 percent increase in its second-quarter container volume but said rates declined, largely because of growing competition on its Jones Act domestic trades.
30 Jul 2014
Despite managing to restore profitability in the past year, MOL president Koichi Muto said the company’s container division continues to lose money and can’t recover without massive changes.
Container vessel Hanjin Lisbon
30 Jul 2014
Hanjin Shipping posted a net loss of $194 million in the second quarter, but the weak financial performance was eased by aggressive cost cutting in its container division that managed to lift the Korean carrier’s operating profit.
30 Jul 2014
Expectations of a solid peak season from Asia to both Europe and North America could lead to higher ocean container freight rates in the third quarter, but the gains are likely to be only temporary.
Drewry’s benchmark spot rate from Hong Kong to Los Angeles remained at $1,800 per 40-foot container for a second week.
30 Jul 2014
In a now familiar pattern, trans-Pacific spot prices held steady ahead of another general rate increase after dropping precipitously the week before.
29 Jul 2014
An activist group announced plans to block cargo moving off Israel-based Zim ships at Oakland on Aug. 2 to protest the conflict in Gaza.
Plane in blue sky
29 Jul 2014
Positive developments in China’s export space are raising expectations that the recent strong performance of air and ocean cargo volumes will extend into a solid peak season.