Container lines

American Feeder Lines has suspended its 9-month-old feeder service from Halifax to Portland, Maine, and Boston while the company undergoes restructuring.

The active container ship fleet has soared to a record 15 million 20-foot equivalent units, driven by deliveries of new vessels and a sharp reduction in the number of laid-up ships, according to Alpha

Maersk Line claimed its Daily Maersk liner service has achieved “absolute” reliability in its first six months transporting containers from Asia to Europe.

Hapag-Lloyd will increase its freight rates on major trade lanes as part of a new rate restoration program.

CSAV is creating a new management function, called strategic development and planning, to oversee the struggling Chilean carrier’s restructuring, strengthen its management team and make it more

Maersk Line named David Zimmermann as vice president of North American Sales, effective immediately.

Seven Indian sailors, held captive by Somali pirates for nearly four months, were freed Monday following intense diplomatic negotiations.

Maersk Line will impose a peak-season surcharge on trades from Far East Asia to Latin America, starting May 20. The planned surcharge will be $300 per 20-foot equivalent unit.

Rickmers Maritime reported first quarter net profit fell 12 percent from a year ago to $8.24 million as the Singapore-listed trust’s revenue stalled at $35.7 million.

CMA CGM will add a direct call at the Port of Dunkirk, France, to its Epic service connecting North Europe, the Indian Subcontinent and the Middle East, effective in early June.

France’s sovereign investment fund is weighing a $195 million stake in CMA CGM, the country’s largest ocean container carrier, according to a French national report.

CMA CGM and Emirates Shipping Line entered a vessel sharing agreement to jointly operate two container services connecting the Middle East and East Africa, starting in early May.

Pirates are increasing their attacks on the maritime trades off West Africa, according to the latest global piracy report released Monday by International Maritime Bureau of the International Chamber

Orders at Japanese shipyards rose for the first time in four months in March on a year-on-year basis, increasing 8.6 percent to 1.1 million gross tons, according to the Japan Ship Exporters’ Ass

It’s been a wild year for Horizon Lines and Stephen H. Fraser, the executive who has led the largest Jones Act container line from the brink of bankruptcy to relative stability.

For five years, Evergreen Line stayed on the sidelines as its rivals among the top 20 global ocean carriers swept up 10,000-TEU-plus vessels in a ship-ordering frenzy, racking up hundreds of millions

Sea Star Line, Crowley Liner Services and their parent companies have been hit with a second civil antitrust lawsuit by shippers that opted out of a class action settlement for carrier price-fixing in

Chilean container carrier CSAV will impose a general rate increase on westbound trade from the Indian Subcontinent to North Europe and the Mediterranean.

The March 16 arrival of the massive ship Fabiola at the Port of Long Beach serves as a wake-up call to West Coast ports: The old ways of handling container ships are over.

Orient Overseas Container Line’s first quarter volume revenue slipped 0.9 percent to $1.3 billion despite a 5.4 percent rise in volume from a year earlier.

Hanjin Shipping in May will join other Asia-based carriers to expand its presence in the East Mediterranean.

Ingram Barge has agreed to acquire U.S. United Barge Line, a company with 17 towboats, almost 650 barges and approximately 300 employees.

Maersk Line has started taking bookings again for cargo from North Europe to Asia following a near month-

Maersk Line plans to duplicate its Asia-Europe Daily Maersk service on other global trade lanes in future, but it is

Although the general rate increases of the last two months in the Asia-Europe and trans-Pacific trade lanes are being accepted by shippers, so much additional capacity is due for delivery this year th

In the current volatile freight rate environment on the major east-west trade lanes, shippers and carriers are slowly beginning to negotiate long-term contracts linked to various rate indices, but the

Hamburg Sud’s revenue grew 7 percent in 2011 from a year ago to $6.64 billion, driven mainly by a 9 percent jump in the German container and bulk carrier’s box traffic to 3.1 million 20-fo

Drewry Research and CargoSmart are joining forces to publish a wider range of key performance indicators aimed at helping importers and exporters to benchmark their ocean carriers’ service level

More than three dozen customers of Sea Star Line and Crowley Liner services have filed a triple-damage antitrust lawsuit against the carriers, their parent companies and a former company official.

United Arab Shipping Co. has concluded a $150 million financing deal that includes a seven-year senior term loan facility with Burgan Bank’s corporate finance group.

Maersk Mc-Kinney Moller, the legendary Danish shipowner who helped build Maersk Line into the world’s biggest ocean container carrier, died today. He was 98.

Ocean carriers are preparing a fresh round of rate hikes on the Asia-Europe trade, taking advantage of stronger-than-expected cargo growth and a resilient spot market to move out of the red.

Evergreen Line said it will charter 10 ships with capacities of 13,800 20-foot equivalent units.

Maersk Line expects to lose money this year despite recent rate increases, A.P. Moller-Maersk Chairman Michael Pram Rasmussen told shareholders at the parent company’s annual meeting.

Cosco Container Lines announced an increase in its bunker surcharge on all shipments, including reefers, from the Far East to the east coast of South America.

United Arab Shipping Company will raise its rates on trades from North Europe to Asia and the Indian subcontinent, starting May 1.

Hapag-Lloyd will launch a new weekly service next month connecting Germany with ports in the Baltic region.

Mediterranean Shipping Co. denied it is weighing plans to spin off its global container terminals unit in an initial public offering in Singapore.

Orient Overseas Container Line will add eastbound calls in Los Angeles and Shanghai to its Pacific Atlantic Express service beginning with the May 9 sailing from Yantian, China.

CMA CGM has announced an “emergency rate restoration” of $385 per 20-foot container on routes from Asia to Europe and the Mediterranean.