Container Shipping News

The Indian government Thursday approved relaxing its cabotage law to allow foreign-owned and -operated ships to move containerized cargo to and from the Vallarpadam International Container Transshipme

The Japan Fair Trade Commission raided the nation’s top three shipping companies — NYK Line, MOL and “K” Line — Thursday for allegedly violating the antitrust law in tran

Average Asia-Europe spot rates fell this week, the fifth consecutive week of decline, plunging 12 percent, or $350 per loaded 40-foot-unit container, as European demand was slowed by recession and ves

Increasing trucking costs and a looming capacity crunch in the motor carrier industry are leading to a relentless shift of freight from over-the-road trucking to intermodal rail, according to transpor

The International Longshoremen’s Association and East and Gulf Coast waterfront employers agreed to a request from the Federal Mediation and Conciliation Service to resume stalled contract negot

The leased container equipment fleet grew 10.6 percent in 2011, with most of the new supply ordered by equipment leasing companies rather than shipping lines, according to Drewry Maritime Research.

The deadline for a contract agreement between the International Longshoremen's Association and the United States Maritime Alliance is less than a month away and talks between both sides have completel

The Indian Shipping Ministry said Nigerian naval forces rescued 23 Indian sailors from a Singapore-flag oil tanker that had been hijacked by pirates off the coast of Lagos on Tuesday.

Fedex lowered its earnings outlook for the quarter ending Aug.

CMA CGM said its new service between Morocco and Europe will provide “tailor made” logistics solutions for the North African nation’s fruit and vegetable exporters and shorten voyage

Long-time port executives John Wheeler and Tom Swinson resigned from the Georgia Ports Authority on Tuesday, the GPA confirmed.

Container shipping lines in the Westbound Transpacific Stabilization Agreement have announced a recommended Oct.

Several container ship lines have announced congestion surcharges that will take effect if East or Gulf Coast ports are closed in connection with the International Longshoremen’s Association con

Norwegian Car Carriers narrowed its second quarter loss from a year ago and forecast a strong second half as the growing global demand for cars offset weak European sales.

CMA CGM completed the sale of luxury cruise-line operator La Compagnie du Ponant to the private equity firm Bridgepoint as part of the group’s restructuring to refocus on its strategic businesse

Ocean carriers have increased total container capacity absorbed by sailing their ships at extra slow speeds by 30 percent since the beginning of the year, according to Alphaliner.

Hapag-Lloyd is upgrading its Russia Express Service (REX) with an additional eastbound call at Gdynia, Poland, starting this month.

CSAV’s second quarter operating loss narrowed sharply year-over-year to $61.7 million from $381.4 million as the Chilean ocean carrier reaped the benefits of higher freight rates and a radical f

The G6 Alliance of European and Asian container carriers said it is temporarily suspending one of its Asia-Europe services because of “the forecast lack of improvements“ in the trade, in a

Abu Dhabi’s Khalifa port began commercial operations Sept. 1 with the arrival of the container vessel MSC Bari, port operator Abu Dhabi Ports Co. said.

A New York state agency’s discrimination complaint against the International Longshoremen’s Association and the New York Shipping Association adds a new element to a battle over control of

Mexico’s ports are sometimes viewed as potential low-cost gateways for Asian cargo moving to the U.S., but Manzanillo, Lazaro Cardenas, Veracruz and other gateways are so busy handling Mexico&rs

Shipping lines that carry U.S.

HSH Nordbank’s first half net income plunged to 70 million euros ($88 million) from 338 million euros ($426 million) a year ago as the German shipping bank, the world’s largest, was buffet

The Virginia Port Authority said it and the VPA’s operating company, Virginia International Terminals, have begun

Denmark’s Unifeeder has acquired Rotterdam-based Feederlink Shipping from Irish Continental Group in a $36 million deal that accelerates the consolidation of northern Europe’s short sea sh

Goldenport plunged deep into the red in the first half as it wrote down the book value of its containerships and bulk carriers, but the Greek shipowner said it is in a strong position to benefit from

OOCL will bump up rates on its Asia-Europe services next month. As part of the Hong Kong-based line&r

The fire-damaged container ship MSC Flaminia has been declared safe for passage through the English Channel but is awaiting approvals from nations along the ship’s route to Wilhelmshaven, German

Ports in the Middle East are still suffering congestion after the surge in imports during Ramadan and the Eid al Fitr festivities earlier this month.

It can be said of few people that they have changed the shape of global commerce and shipping. Without doubt, it can be said of Malcom McLean, who invented the container and the container revolution.

Brazil may be the high-profile “B” in the “BRIC” bloc of emerging nations, but South America’s largest country still ranks far lower than other nations — 104th out

Spot rates from Shanghai to North Europe, North America and the Mediterranean dropped this week, indicating a weakening market, according to the Shanghai Containerized Freight Index.

DHL Global Forwarding has launched two new less-than-containerload services linking India’s largest container port, Nhava Sheva (Jawaharlal Nehru), with Sweden for export shipments and with the

Yusen Logistics is launching a less-than-containerload service from Malaysia to the United States, in conjunc

The G6 Alliance and Maersk will suspend a number of Asia-Europe services during China’s national Golden week holidays in October, although one analyst claimed bearish demand could also be a fact

Liner companies that serve trade lanes to and from China, and that includes most of them, may have to pause before cutting freight rates in the future.

The National Industrial Transportation urged Transportation Secretary Ray LaHood to encourage the International Longshoremen’s Association and United States Maritime Alliance to resume talks on

Amsterdam Container Terminals, is to close, capping a doomed decade-long bid to shake off its White Elephant image and attract deep-sea container ships to a port just an hour’s drive from Rotter

U.S. containerized imports jumped 9.7 percent to 1,562,235 20-foot-equivalent units in July, led by increases in auto parts and furniture, PIERS data show.