Container Shipping News

The latest container shipping news and analysis of ocean container shipping, logistics, supply chains, technology solutions and end-to-end connectivity. Coverage includes the movement of containerized cargo handled by marine terminals and container ports, depots, container lines, drayage, consignees, importers and shippers, forwarders, non-vessel operating common carriers (NVOCCs) and off-dock warehousing providers. The Journal of Commerce's container shipping news includes news from the trans-Pacific, Asia-Europe, North America-Caribbean, Central and South America trades, and intra-Asia trades.

The latest Container Shipping News & Analysis

Container Carriers Build Toward Ho-Hum Peak Season

Bill Mongelluzzo, Senior Editor |
Shipping lines are entering the peak season in the major east-west trade lanes at a decided disadvantage because they aren’t taking the steps necessary to control capacity to match modest growth in container volumes.
Container lines

Drewry: Tumbling Prices Driving Surge in Ship Orders

JOC Staff |
Tumbling shipyard prices and easy credit are driving the recent surge in container ship orders at a time of industrywide overcapacity, according to consultant Drewry.
Container lines

China's Trade Outlook Is Deteriorating

JOC Staff |
China’s manufacturing activity weakened and new export orders slowed last month despite the improving U.S. economic outlook.
Container lines

Stagnant Exports Widen US Goods Trade Deficit

JOC Staff |
The U.S. trade deficit in goods expanded to $63.4 billion in May, up $5.0 billion from April, as exports fell by $0.9 billion to $130.3 billion, and imports rose by $4.2 billion to $193.7 billion.
Container lines

Hamburg Süd Adds Italy Call to US-Mediterranean Service

JOC Staff |
Hamburg Süd has added a direct call at Salerno, Italy, to its route from the U.S. Gulf Coast and South Florida to the western Mediterranean.
Container lines

Evergreen Drives Capacity Increase in Global Shipping Fleet

Bruce Barnard |
The top 21 ocean container carriers increased the combined capacity of their fleets by 6.3 percent in the past year amid slowing cargo demand, according to industry analyst Alphaliner.
Container lines

Towing of MOL Comfort’s Fore Part Resumes

JOC Staff |
Mitsui O.S.K. Lines today reported that the fore part of the MOL Comfort has been recovered and its towing has resumed, after it was disconnected from the tow wire during its salvage operation on July 2.
Container lines

US Steel Imports Declined 8.6 Percent in May

JOC Staff |
U.S. steel imports in May were 2.801 million tons, increasing 2.3 percent from 2.738 million tons in April (revised), but declining 8.6 percent compared with May 2012, according to government reporting.
Container lines

Emirates Shipping Launches Central China India Service

JOC Staff |
Emirates Shipping Line has launched its Central China India Service, which connects central and Southern China with Southeast Asia and the Indian subcontinent...
Container lines

FSI Closes $150 Million Investment in CMA CGM

JOC Staff |
Le Fonds stratégique d’investissement has closed its $150 million investment in CMA CGM Group through mandatory convertible bonds.
Container lines

Cosco's Captain Wei Steps Down

JOC Staff |
Captain Wei Jiafu, one of the most prominent maritime industry leaders over the past decade, has stepped down as chairman of the board of China Ocean Shipping (Group) Co.
Container lines

MOL Comfort's Fore Part Separates From Salvage Tug

JOC Staff |
Mitsui O.S.K. Lines reported that during the ongoing salvage operation of the MOL Comfort, which snapped in half on June 17 during inclement weather in the Indian Ocean...
Container lines

South Africa's Trade Deficit Narrowed in May

JOC Staff |
South Africa’s trade deficit in May was 11.03 billion South African rands (about US$1.11 billion), improving from a deficit of $1.61 billion in April.
Container lines

Asia-Mediterranean Container Traffic Jumped 10 Percent in April

JOC Staff |
Cargo from Asia to the Mediterranean rose 10 percent in April, jumping from a monthly average of 366,000 20-foot-equivalent units in the first quarter of 2013 to 401,000 TEUs...
Container linesForwarding

CIMC Orders Ships, Signs Leasing Deal With MSC

JOC Staff |
Container lines

Baragona Retirement Sparks CMA CGM America Changes

JOC Staff |
CMA CGM has reorganized CMA CGM America, the U.S. agent of the CMA CGM Group, headquartered in Norfolk, Va., in conjunction with the departure of Frank Baragona, chairman of CMA CGM America.
Container lines

Sea Star Receives 150 New Reefer Containers

JOC Staff |
Sea Star Line has taken delivery of 150 new 40-foot refrigerated containers in the second year of a five-year equipment replacement plan.
Container linesCool Cargo News

Direct ChassisLink Acquires Hyundai Merchant Marine’s US Chassis Fleet

JOC Staff |
Direct ChassisLink, an intermodal marine chassis provider in North America, has acquired Hyundai Merchant Marine’s U.S. chassis fleet, comprising more than 23,000 chassis...
Container linesForwardingDrayage

Gulftainer Welcomes CMA CGM Alexander Von Humboldt

JOC Staff |
Gulftainer has welcomed the CMA CGM Alexander Von Humboldt container ship on its maiden voyage and call at the Khorfakkan Container Terminal at the Port of Khor Fakkan in the United Arab Emirates.
Container lines

Hanjin Shipping Explores Terminal Opportunities

JOC Staff |
Hanjin Shipping will continue to seek out more opportunities for its terminal-handling business both to support its own global service network and to offer third party services.
Container lines

Hapag-Lloyd to Add Paita Call to Mexico-Peru Service

JOC Staff |
Starting week 32, Hapag-Lloyd will introduce a new call at Paita, Peru, on its Mexico-Peru Service.
Container lines

JOC Economist Boosts Container Volume Forecasts

Peter T. Leach, Editor-at-Large |
The outlook for U.S. container trade volumes this year is improving, according to Journal of Commerce Economist Mario Moreno, who is raising his forecasts for overall imports and exports for 2013 after reviewing first quarter container volume results from PIERS, a JOC sister company.
Forwarding

Israel Corp. Pledges to Continue Investing in Zim After Conglomerate Breakup

JOC Staff |
Container lines

Aft Part of Split MOL Comfort Sinks

JOC Staff |
Mitsui O.S.K. Lines has reported that the aft part of its fractured MOL Comfort container ship sank today in the open sea in the Indian Ocean...
Container lines

Brazil's Paranapanema Making Truck-to-Ship Switch After Hijackings

JOC Staff |
Paranapanema, a refined copper producer in Brazil, is switching its domestic shipments from trucks to ocean freighters after 15 of its truck loads were hijacked in 2012...
Forwarding

Hapag-Lloyd, OOCL to Remove South Carolina From GMX Service

JOC Staff |
Hapag-Lloyd and OOCL have decided to suspend calls at Charleston, S.C., from the Gulf Mexico Express Service in order to improve schedule reliability to and from Mexico and the U.S. East Coast.
Container lines

Wallenius Lines Orders Two Post-Panamax Car Carriers

JOC Staff |
Wallenius Lines has ordered two post-Panamax car carriers at the Tanjin Yingang Shipyard for delivery in 2015 and 2016.
Forwarding

INTTRA Names Ito as CFO

JOC Staff |
INTTRA, an e-commerce shipping platform, has appointed Gary Ito as CFO.
Logistics Technology NewsForwarding

Evergreen Line to Launch Two Intra-Asia Services

JOC Staff |
Evergreen Line has launched two new services, the ISC-Bangladesh Service and the Intra-Gulf Service, to enhance its network in the Indian subcontinent and the Persian Gulf.
Container lines

Yang Ming Picks Yu as President, Chief Operations Officer

JOC Staff |
Yang Ming Marine Transport’s board has unanimously elected Hermann Yu as president and chief operations officer, succeeding Robert Ho.
Container lines

Rescue Boats Arrive to Salvage Cracked MOL Comfort

JOC Staff |
One patrol boat and three tugboats have arrived at the site of the fractured MOL Comfort in the Indian Ocean and are proceeding to rescue its cargo and hulls, according to the latest update from Mitsui O.S.K. Lines.
Container lines

Shipping Corp. of India to Hike India-Europe Rates

JOC Staff |
State-owned Shipping Corp. of India plans to increase rates in its westbound trade from India to Europe and the Mediterranean, starting July 1.
Container lines

CMA CGM Consolidates India Agency Operations

JOC Staff |
CMA CGM has announced plans to consolidate operations in India by combining agency functions of its wholly-owned subsidiary ANL into CMA Agencies (India) Pvt. Ltd.
Container lines

Univan Opens New Philippines Headquarters in Manila

JOC Staff |
Univan has opened its new office in Manila, reflecting the important role the Philippines plays in the company’s global operations.
Forwarding

ANL Singapore and Agility to Launch Joint Venture in Papua New Guinea

JOC Staff |
ANL Singapore — part of CMA CGM — and Agility, a logistics provider, will launch a new joint venture, ANL Agencies PNG Ltd., in Papua New Guinea on July 1, 2013.
Container lines

Haze Limits Visibility Around Malaysia's Kertih Port

JOC Staff |
Visibility in the waters around Kertih Port in Malaysia could be significantly reduced as a result of haze coming from forest fires in Sumatra, Indonesia, according to Inchcape Shipping Services.
International portsForwarding

CMA CGM to Add South Africa Call to Asia-Africa Service

JOC Staff |
CMA CGM has added a weekly westbound call at Durban, South Africa, to its MIDAS service, connecting India and the Persian Gulf with southern and western Africa.
Container lines

DFDS's Bid to Buy Scandlines Rejected

JOC Staff |
DFDS’s bid to buy Scandlines, a German-Danish ferry operator, was not accepted, meaning DFDS is no longer part of the sales process.
Container lines

Port of Le Havre Welcomes First Call by CMA CGM Jules Verne

JOC Staff |
The CMA CGM Jules Verne has made its maiden call at the Terminal de France in Port 2000 in Le Havre, France, as part of its first rotation on the French Asia Line 1 service, connecting Northern Europe with Asia.
Container lines

STX Pan Ocean Files for Chapter 15 Bankruptcy Protection

JOC Staff |
STX Pan Ocean, a South Korean shipping company, has filed for Chapter 15 bankruptcy protection, according to court records, Bloomberg reports.
Container linesForwarding