Maritime News

An Israel Corp. shareholder vote on the spinoff of Zim Integrated Shipping Services and several other businesses into a new company, Kenon Holdings Ltd., has been scheduled for a Dec. 31 vote.

Matson Navigation Co. will raise its rates for its Guam Commonwealth of Northern Mariana Islands and Micronesia services by $225 for both westbound and eastbound containers, effective Jan. 25, 2015.

Saying water levels have fallen in the St.


The International Maritime Organization last week agreed to an amended rule requiring container weights to be verified before boxes are loaded, cementing the rule’s implementation in July 2016.

With Asia to Europe trade showing growth that far exceeds the region’s GDP growth this year, and forecasts call


CMA CGM on Wednesday announced the acquisition of German short-sea shipping line OPDR in the latest move by the French carrier to boost its share of the fast growing intra-European container shipping market.

The U.S. Government Accountability Office says the military should revise practices that cost taxpayers $823 million in fees over 10 years for late return of shipping containers, mostly for the war in Afghanistan.

Reinstated port congestion surcharges for container imports into the U.S. West Coast will go into effect beginning on Wednesday.

With reports of more 18,000-TEU ships soon to be ordered as carriers continue to pursue lower operating costs, the focus is again turning to what the next largest class of ships would look like.

One potential consequence of the congestion at West Coast ports - a shortage of containers in Asia due to difficulties repositioning them back from the U.S. - is being watched closely but does not seem yet to be creating widespread problems.