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

India's Port of Chennai Truck Strike Ends

JOC Staff |
Container truck drivers at India’s Port of Chennai ended their strike Tuesday night following intense negotiations between the strikers, port-terminal officials and trade representatives.
Port NewsMaritimeForwarding

Toll Hikes Spur APL To Shift Calls From NYCT

Joseph Bonney |
APL will shift its port calls from New York Container Terminal on Staten Island to Maher Terminals in Elizabeth, N.J., next July in a move reportedly influenced by rising tolls at the Port Authority o
Container linesMaritimeForwarding

Cosco Rival Executive Replaces Wei as CEO

Joseph Bonney |
China Cosco Group named Ma Zehua, vice president at rival China Shipping Group, as CEO, succeeding Wei Jiafu, according to Dow Jones Newswires.<br /> <br />
Container linesMaritimeForwarding

Truck Strike Halts Chennai Container Traffic

JOC Staff |
The congestion at cargo terminals in India&rsquo;s Port of Chennai that has plagued ocean carriers and shippers over the past two months is set to worsen in the coming weeks because of another wildcat
Port NewsMaritimeContainer linesForwarding

Seaspan Accepts Fourth 13,100-TEU ship

Joseph Bonney |
Container ship owner-charterer Seaspan took delivery of the Cosco Harmony, the company&rsquo;s fourth ship with capacity of 13,100 20-foot-equivalent units.<br /> <br />
ForwardingMaritime

US Container Imports Fell 5.4 Percent in July

Joseph Bonney |
Soft demand for home goods helped push U.S. containerized imports down 5.4 percent last month from July 2010 after a 1.7 percent year-over-year decline the previous month.<br /> <br />
ForwardingMaritime

Japanese Ship Orders Sink 58.2 Percent in July

Hisane Masaki |
Japanese export ship orders fell for the third straight month in July on a year-on-year basis, plunging 58.2 percent to 484,020 gross tons, according to figures released by the Japan Ship Exporters&rs
ForwardingMaritime

MSC Adds Asia-Mediterranean Peak Surcharge

JOC Staff |
Mediterranean Shipping Company imposed a peak-season surcharge on westbound shipments from Asia to all Mediterranean destinations, starting Sept. 5.<br /> <br />
Container linesMaritimeForwarding

Alphaliner Says Ocean Carriers Face Prolonged Slump

Bruce Barnard |
Container shipping is heading toward a prolonged slump that could last longer than the 2009 downturn, research analyst Alphaliner warns.<br /> <br />
ForwardingMaritimeContainer lines

India Plans $7.6 Billion Port Expansion

Joseph Bonney |
India plans to build seven ports by 2017, using 7.6 billion in public and private funds, according to reports<br /> <br />
Port NewsMaritimeTransport, Trade, and Regulation NewsForwarding

Coast Guard Issues South Florida Warning

R.G. Edmonson |
The Coast Guard is warning vessels and ports in South Florida to be prepared for gale force winds from Hurricane Irene within 48 hours.<br /> <br />
Port NewsMaritimeForwarding

China's Sinotrans Profit Rises 7.6 Percent

Mark Szakonyi |
China freight operator Sinotrans said its profit in the first half of the year rose 7.6 percent year-over-year to $86.5 million, as growth in the forwarder&rsquo;s business within China offset the dec
Logistics Technology NewsAir CargoForwarding

APL's Volume Up, Rates Down

Joseph Bonney |
APL&rsquo;s average revenue per container plunged 17 percent year-over-year in July but rose 1.7 percent from the previous month.<br /> <br />
Container linesMaritimeForwarding

Roller-Coaster on the Water

Bill Mongelluzzo, William B. Cassidy and John D. Boyd |
When Union Pacific Railroad&rsquo;s intermodal volume slipped 1 percent in the second quarter, including a 2 percent drop in international containers, barely a ripple of concern or financial pain flut
MaritimeTrucking NewsRail NewsContainer linesForwarding

Former ILA President Bowers Dies at 88

Joseph Bonney |
John M.
Longshore laborMaritimeForwarding

Dockwise Swings to $2.6 Million Profit

Bruce Barnard |
Dockwise swung to a $2.6 million profit in the second quarter even as it faced a decline in heavy lift projects, softer rates and thinner margins.<br /> <br />
ForwardingMaritime

DFDS Boosts Profit 113 Percent to $58 Million

Bruce Barnard |
DFDS, Europe&rsquo;s largest short-sea freight shipping company, boosted second quarter pretax profit by 113 percent to $58 million, largely through an acquisition of a ferry operator and higher traff
Container linesMaritimeForwarding

Pirates Seize Tanker at Omani Port

JOC Staff |
Pirates hijacked a Marshall Islands-flag chemical tanker with 21 men while it was anchored at the Port of Salalah, Oman, on Aug. 20, according to the Indian Shipping Ministry.<br /> <br />
Container linesMaritimeForwardingTransport, Trade, and Regulation News

Financial Headwinds for Carriers

Joseph Bonney |
The financial statements at container ship lines are looking like the 401(k)s of many Americans.
ForwardingMaritimeContainer lines

The Year of China Ports

Marsha Salisbury and Chris Brooks |
In the Year of the Tiger, China showed its stripes.
Port NewsMaritimeForwarding

Looking Beyond the Gates

Bill Mongelluzzo |
Jim Newsome is methodical and detailed in describing the 10-year, $1.3 billion capital improvement program at the Port of Charleston, but the South Carolina port&rsquo;s president and CEO takes on som
Port NewsMaritimeForwarding

Jones Act Carriers Furious Over Fed Oil Contracts

R.G. Edmonson |
The domestic maritime community is furious with the Maritime Administration for approving waivers to non-Jones Act tankers to transport oil on coastwise routes from the Strategic Petroleum Reserve on
ForwardingMaritimeTransport, Trade, and Regulation News

Container Builder Singamas' Profit Grows Ninefold

Mark Szakonyi |
Higher pricing and a ramp-up in container sales drove box manufacturer Singamas&rsquo; profit ninefold to $111.8 million from the same period a year ago. <br /> <br />
ForwardingMaritime

NY-NJ Truck Tolls to Double

Joseph Bonney |
Truck tolls at bridges and tunnels linking New Jersey and New York City will more than double over the next five years under an increase approved Friday by the Port Authority of New York and New Jerse
Port NewsMaritimeTrucking NewsTransport, Trade, and Regulation NewsForwarding

Port of Rotterdam Container Traffic Up 9.7 Percent

Mark Szakonyi |
Cargo through Port of Rotterdam in the first half of the year increased 1 percent year-over-year to 215 million metric tons, as a 9.7 increase in container handling helped offset a decline in oil prod
Port NewsMaritimeForwarding

SCFI Gains 3 Percent on US Rate Increases

JOC Staff |
The Shanghai Containerized Freight Index measure of rates from Asia to the U.S.
ForwardingMaritimeContainer lines

MISC Pretax Profit Plunges 57.4 Percent

Mike King |
Declining rates and liftings on the intra-Asia liner trades dragged MISC Berhad&rsquo;s preteax profit down 57.4 percent year-over-year to $67.3 million in the first quarter ending 30 June.<br />
Container linesMaritimeForwarding

UASC Hikes India-Europe-Mediterranean Rates

JOC Staff |
United Arab Shipping Company set a peak-season surcharge on westbound shipments from Asia and Australia to West Mediterranean and Adriatic destinations, starting Sept. 1.<br /> <br />
Container linesMaritimeForwarding

Trade's Great Uncoupling

Peter T. Leach |
Shifting trade patterns in the Far East and Southeast Asia may insulate ports in the region from the impact of weaker east-west trade as a result of the debt crisis in Europe and the faltering U.S.
Port NewsMaritimeForwarding

Panalpina Launches Three Rotterdam-Asia Services

Mark Szakonyi |
Panalpina launched three less-than-container-load weekly ocean services from Asia to Rotterdam, as the major forwarder grows its business on major Asia-Europe trade lanes. <br /> <br />
Container linesMaritimeForwarding

St. Lawrence Seaway Traffic Up 21 Percent

Courtney Tower |
Cargo shipments through the St.
ForwardingMaritime

Tauranga Annual Container Traffic Up 15.5 Percent

Mark Szakonyi |
Container traffic at New Zealand&rsquo;s Port of Tauranga rose 15.5 percent year-over-year to 590,506 20-foot equivalent container units in fiscal year 2011 ending June 30, as its transshipment volume
Port NewsMaritimeForwarding

Maersk Hikes India-South America Rates

JOC Staff |
Maersk Line announced a general rate increase on cargo shipped from the Indian Subcontinent to the east coast of South America.<br /> <br />
Container linesMaritimeForwarding

Horizon Lines Misses Aug. 15 Interest Payment

Mark Szakonyi |
Horizon Lines said it will make up its missed Aug. 15 interest payment on $330 million of its convertible notes when it announces a deal with lenders in &ldquo;the near future.&rdquo; <br /> <br />
Container linesMaritimeForwarding

NC Ports Container Volume Grows 14 Percent

Peter T. Leach |
Container throughput at the Port of Wilmington, N.C., increased 14 percent in June over the same month a year ago to 23,598 20-foot equivalent units.<br /> <br />
Port NewsMaritimeForwarding

Report Says Ship Operating Costs Rising

Peter T. Leach |
The costs of operating ships are increasing this year after a relatively static 2010 as operators face higher commodity prices and soaring premiums for piracy insurance, according to a new report by D
ForwardingMaritimeContainer lines

Maersk Container Profit Falls 68 Percent

Peter T. Leach |
A.P.
Container linesMaritimeForwarding

Growing Lumber Exports Balance Canadian Port Trade

Courtney Tower |
Canada National and Canadian Pacific railways&rsquo; new and expanded transload centers for stuffing lumber, logs and other products into containers bound for Asia will help the ports at Vancouver and
Port NewsMaritimeRail NewsForwardingNorth-American rail

CMA CGM Pays Trade Sanction Fine

R.G. Edmonson |
The U.S.
Container linesMaritimeTransport, Trade, and Regulation NewsForwarding

Trans-Pacific Rate Benchmark Jumps 21.5 Percent

Peter T. Leach |
The Drewry Container Rate Benchmark for shipping containers from China to the U.S. West Coast jumped 21.5 percent in the week ended Aug.
Container linesMaritimeForwarding