Forwarding

Rickmers Maritime Trust, a Singapore-based charter ship owner, was unable to take delivery of a vessel it had ordered for charter to Hanjin Shipping in the third quarter because of financing troubles

NOL, the Singapore-base parent of APL, said that container volume and yield per container both increased in the four-week period from Sept. 18 to Oct. 16 for the second monthly gain in a row.

Bruce J. Carlton took charge at the National Industrial Transportation League just as the economy began its worst contraction in decades.

Neptune Orient Lines is relocating its administration and service center in China to the western city of Chongqing.

The Orcelle Fund, a grant-awarding body created by Wallenius Wilhelmsen Logistics, is looking for innovative new maritime projects to support.

OOCL on Friday announced a peak season surcharge on shipments of westbound refrigerated cargo from Europe to Montreal.

Seaspan, the Hong Kong charter ship owner, posted a loss of $65.9 million for the third quarter ended Sept.

The Southern Africa Europe Container Service Lines will introduce an additional container service to accommodate primarily the seasonal increase in refrigerated exports from South Africa to Europe dur

Expeditors International of Washington saw its net profit fall 33 percent in the third quarter, to $57.8 million, as tighter capacity and rising prices in ocean and air transport services cut into fre

Dock workers in Piraeus began a 48 hour strike Nov. 3 in a fresh bid to prevent China's Cosco Pacific taking over two of the three container quays at Greece's biggest port.

The prices of the kinds of commodities that manufacturers around the world use to make industrial products hit a record high in the week at the end of October, according to the Industrial price Index

Ocean container carriers seeking extra cargoes are failing to grab market share from conventional refrigerated vessels despite "desperate marketing and pricing tactics," a leading reefer ope

Following similar moves by several other carriers in recent weeks in taking advantage of capacity cuts on the trans-Atlantic, Hanjin Shipping on Monday said it will raise its freight rates on the tran

Net profit for state-owned Shipping Corporation of India fell 88 percent from a year earlier to $7.3 million in the second quarter ending Sept. 30.

Evergreen Line said Friday it will increase rates in December and January on cargo on outbound containers from North America to Europe, Asia, Australasia and the Middle East.

Five years ago, the U.S.

SHENZHEN, China — No one can accuse Electrolux’s Bjorn Vang Jensen of complaining about volatile shipping rates and not doing anything about them.

Transloading volumes at West Coast ports are down, but importers’ interest in transloading is up as companies look to take cost out of their supply chains.

While the reefer sector has avoided the catastrophic drop in business felt by container carriers handling “dry” cargoes, rates and volume for refrigerated shipments have dipped this year.

For all the gloom and doom that container lines have been expressing about falling volumes, one segment of the trade has been holding up fairly well — the reefer trade.

Specialized reefer vessels may be losing the battle to gain market share to the world’s container fleet, but last month the sector won a battle of the green.

France's biggest dock workers’ union called for a 24-hour strike at France's seven largest ports on Nov. 6 in the latest protest against government plans to privatize container handling.

China Cosco Holdings, parent of Cosco Container Lines, posted a loss of $101.2 million Thursday for the quarter ended Sept.

Alexander & Baldwin said Wednesday that Matson Navigation, its ocean transportation segment, earned an operating profit of $24.2 million in the third quarter ended Sept.

Neptune Orient Lines posted a $139 million loss in the third quarter ended Sept.

NYK Line joined a growing parade of carriers raising rates on trans-Atlantic lanes on Wednesday, announcing price increases effective Dec. 1 on shipping to and from Northern Europe.

Steel imports to the United States increased in September by 23.4 percent over August, to 1.2 million tons from 975,000 tons. However, they are down nearly 60 percent when compared to September 2008.

Dallas-based Trans Atlantic Liner Services is planning a new monthly multi-purpose service between Ireland, Canada and the U.S. East Coast to begin in late November.

India's Port of Mumbai plans to extend the facility of additional free storage time for containers, introduced earlier in 2007, for a further period of one year ending November 2010.

Cosco Pacific, Asia’s third- largest container-terminal operator, posted a 49 percent drop in third-quarter profit as the global recession damped world trade, Bloomberg reported.

A Japanese navy destroyer collided with a container ship operated by South Korea’s Namsung Shipping south of Japan on Tuesday, causing a fire and injuring three of the military vessel’s cr

The ports of Seattle and Tacoma reported mixed results in September container volumes although the trend lines are generally positive.

A supply chain official at a major sporting goods shipper says a “war council” after the global financial meltdown last year led the company to cancel its new orders and scale back invento

Container traffic fell only 6 percent in the third quarter at terminals operated by DP World, signaling a recovery from steep falls in the first half of the year.

Mediterranean Shipping Company will seek a rate increase on the westbound trades from India to Europe, as part of a new rate restoration program.

German container shipowners, who control a third of the world box ship fleet, are facing increasing financial difficulties and the threat of bankruptcy as charter rates test fresh lows with the end of

Maersk said more than 700 truckers in the Northeast and Ohio Valley have signed up for a subsidiary’s new program that charges motor carriers $11 a day for unrestricted use of intermodal chassis

Trans-Pacific shipping rates are rising, but not high or fast enough for ocean carriers, says Wei Jiafu, president and CEO of China Ocean Shipping Co.

The Port of New York and New Jersey should develop container-handling facilities in Brooklyn while continuing to expand in New Jersey and Staten Island, Rep.

European Union anti-trust regulators launched an in-depth probe of a $20 billion German state aid package for HSH Nordbank, the world's top shipping bank.