Container Shipping News

Matchback opportunities for shippers in the US heartland are limited by a lack of data.

This was the fourth consecutive week of declining spot rates to the East Coast and the seventh consecutive week to the West Coast.

Carriers had sought rates of up to $1,200 per TEU in the run-up to March 1.

The exchange targets the much-discussed problem that, although shipper-carrier contracts may be signed, parties frequently fail to comply with the deal.

Zim Integrated Shipping Services joins Maersk Line and Orient Overseas Container Line in reporting a late-year surge in freight.

The cost of low-sulfur fuel can be around 50 percent more expensive than typical bunker fuel.

Seaspan slumped to a $139 million loss in 2016 because of vessel impairments and losses on the disposal of ships.

There is less interest than expected tied to liner ownership in terminals as the new shipping alliances set up their port networks.

Overcapacity will exert significant pricing pressure on the container industry over the next two years.

Compensate carriers for good service and penalize them for rolled cargo, CMA CGM head tells TPM 2017.

A trial shipment completed last week between North Europe and the East Coast of North America is a sign of digitalization’s potential.

Container lines have been emboldened to seek higher service contract rates by a number of factors.

Hapag Lloyd CEO Rolf Habben Jansen said the year is off to a strong start, after the container carrier reported a decline in operating profit in 2016.

The Port of Portland on Monday took its first step toward restoring container service.

Much depends on the actions of President Donald Trump.

Jacobs said more ocean carrier consolidation is coming and more is needed.

The head of SM Line container shipping business has outlined his carrier's plans on the trans-Pacific.

The shipbuilding bear market gives container lines a “golden opportunity” to smooth out capacity peaks.

Japanese shipping group MOL is the latest looking to tap into the rapidly growing logistics demand in India.

State port authorities in Georgia and Virginia want US federal maritime regulators to allow them to work together.

The cost of a barrel of crude oil is projected to rise nearly a third in 2017 compared with 2016.

The recovery of short-term trans-Pacific rates “has happened already for quite some months.”

Trans-Pacific ocean carriers’ newfound discipline on capacity could yield higher rates from shippers in the coming year — if they don’t fold under the pressure.

The largest pain point yet to resolve in refrigerated shipping is the lack of data and transparency in managing the end-to-end cold chain, the former head of Maersk Line's reefer business says.

This development could signal that carriers will exert more discipline than last year as they negotiate service contracts.

Eimskip says more acquisitions are on the way in 2017.

Barge routes have had varied success around the United States.

“For a fourth year in a row, we recorded an improvement in operating profit.”

New infrastructure is expected to be in place by 2021.

After recording seven straight weeks of declines, spot rates on the China-Europe route have increased.

APL product aims at shippers with day-definite intermodal shipment needs.

The Ocean Alliance appears to have filled in the missing pieces of its network schedule, releasing the full port rotation and terminal call details.

Shipping cargo across borders, especially into developing countries, is expected to be easier with the adoption of the WTO's new 110-member trade facilitation deal.

Matson's premium China-Long Beach service should be a bright spot in 2017.

“Studies estimate that the TFA will cut the average cost of exporting by some 14 percent."

Just over a month remains until the new alliances go live.

The New York Stock Exchange-listed company’s operating revenue shrank by almost $70 million.

An unfamiliar mood of optimism appears to have entered the container shipping industry, a feeling that has been absent for years.

Eimskip said it has 15 working days to reply to the preliminary objection.

Hutchison Port Holdings Trust CEO Gerry Yim tells JOC.com how the launching of new alliances will impact the core facilities of his company.