Container Shipping News

NYK said its first quarter losses on container shipping narrowed,

Japanese carrier MOL narrowed its loss for its March-June quarter and said it expects improved container shipping results to

Increasing numbers of container ships are facing long-term unemployment amid bleak job prospects in a bearish charter market, according to Alphaliner.

Scandlines completed its exit from Northern Europe’s short sea freight market with the sale of a Baltic Sea route and three vessels to Swedish Orient Line.

Greek shipowner Danaos returned to the black in the second quarter, booking net income of $8.97 million, compared with a year earlier loss of $231,000, as it cut ship operating costs and added 10 vess

Contract negotiations between office clerical workers and the attorney representing waterfront employers in Los Angel

Knud Stubkjaer, a former senior executive with Maersk Line and German shipowner E.R. Schiffahrt, has been named CEO of Carrix, the parent of Seattle-based SSA Marine and Tideworks Technology.

Japan has decided to extend, for another year, punitive tariffs on tapered roller bearings imported from the U.S. in retaliation against a U.S.

The damaged container ship MSC Flaminia and its accompanying tugs were halted about 100 nautical miles off the British coast for inspection by firefighters and shipbuilding experts, owner Reederei NSB

They’re not there yet, but the International Longshoremen’s Association and United States Maritime Alliance are reporting progress on a new master contract for East and Gulf Coast dockwork

From his office window in the New York Container Terminal, Jim Devine can see the rigs blasting rock at the bottom of the Arthur Kill, deepening the channel leading to the terminal’s berths to 5

With freight rates in the westbound trans-Pacific already under pressure, the great drought of 2012 comes at the worst possible time for shipping lines that carry U.S. exports to Asia.

Food importers won a reprieve from setting up verification programs for foreign suppliers, a delay that has angered consumer and food safety groups.

The maritime industry is no longer the oft-ignored stepchild in Washington, but increased pats on the head from Congress and President Obama have yet to translate to significant raises in allowance.

It’s taken three years, but the opening of MOL’s TraPac international container terminal is turning the Port of Jacksonville into a growing import gateway and distribution center for retai

While the International Longshoremen’s Association and United States Maritime Alliance churn the wake on the East and Gulf coasts, all should be calm on the West Coast.

The U.S.

Maersk Line will raise its rates on services from the Indian subcontinent to the U.S. and Canada, starting Aug. 15.

Just when it looked like nothing could stop the U.S.

It was a clean sweep for Mediterranean Shipping Co. in the U.S. global containerized trade moving to and from European ports in the 12 months to March 31.

China’s ports saw growth slow in the first half of the year as European import demand softened.

Spot rates in the Asia-Europe trade weakened again this week — the third consecutive week of decline — despite carrier attempts to trim surplus capacity that is eroding recent general rate

Intra-Asia container operator Samudera Shipping Line reported increased container volume, revenue and profit for the second quarter.

Firefighters planned to reboard the MSC Flaminia to attack remaining fires as the stricken container ship moved within 170 nautical miles of the U.K. coast, owner Reederei NSB said.

U.S. steel imports declined 4.2 percent in June, the first year-over-year decline in 2012, as demand softened and buyers slowed their inventory building.

June was a strong month at the Port of Tacoma, with container volumes increasing almost 10 percent compared to June

Evergreen Line took delivery of its first L-type container ship, the Ever Lambent, which has a capacity of 8,452 20-foot-equivalent units, at the Samsung Heavy Industries shipyard in South Korea.

The volume of containers handled by the Port of Barcelona declined by 20 percent in the first six months of the year from the same period last year, primarily because of a 49 percent drop in transship

Mediterranean Shipping Co. notified its customers that it will implement a general rate increase on all cargo moving from the U.S. to Australia and New Zealand next month.

The maintenance of capacity discipline is enabling container lines to enforce most of the rate hikes introduced since March, claims one leading Asia-based analyst.

Maersk Line is upgrading the port rotation of its Rumba Service between South America, the Mediterranean, the Middle East and India.

Container lines are likely to move into the black in the second quarter of this year and expand their profits in the third quarter as freight rates improve, according to Jefferies.

The peak shipping season is quickly approaching, and carriers and shippers are expecting, and hoping, that the second half of 2012 will be more profitable than the first.

Global Ship Lease signed new time-charters on Monday with CMA CGM for two secondhand container ships, the 1996-built Ville d'Aquarius and the 1997-built Ville d'Orion.

Salvors report that a fire on the container ship MSC Flaminia has been brought under control as a tug continues to tow the stricken ship toward Europe, the ship’s owner said.

The volume of containers handled by the Port of Marseilles Fos grew 14 percent in the first half year year-over-year, while the twin ports&rsquo; overall tonnage fell because of shrinking oil volume.<

Abu Dhabi&rsquo;s Khalifa Port has received its first container vessel call.

U.S. containerized imports rose 2.9 percent in the second quarter, led by year-over-year increases in furniture, auto parts, bananas and electronics, PIERS data show.

The volume of containers handled by the Port of Savannah during fiscal 2011 ended June 30 grew by a relatively meager 1.9 percent year-over-year due to what the Georgia Ports Authority called the &ldq

Japanese export ship orders fell 8.5 percent in June from a year earlier to 499,370 gross tons, according to figures released by the Japan Ship Exporters&rsquo; Association.