Container Shipping News

To Lakshman Achuthan, the question isn’t whether the U.S. economy is sliding toward a new recession, but when one will start, if it hasn’t already.

Don’t look for DP World to build or buy new container terminals in the United States anytime soon. That’s not sour grapes over the 2006 rebuff by xenophobic U.S.

The fate of the U.S.

U.S.

Through all its fits and starts, perhaps no other North American intermodal service has been discounted quite like short-sea shipping has.

When APL books an import load from Asia to an inland destination such as Chicago, Dallas or Kansas City, the container line’s logistics experts immediately look for loads to fill the emptied con

U.S. importers are learning just how hard it is to kill federal regulation, even when the agency in charge of implementing a law calls it costly and unfeasible.

Strong growth in trade between the U.S. Gulf region and the Caribbean, Central and South America is more than making up for weakening volumes to and from recession-battered Europe.

APM Terminals has taken a 25 percent stake in a project to expand capacity at Ningbo, China’s third-largest container port that involves a $500 million investment by Denmark’s A.P.

Mediterranean Shipping Co. said it will implement a new bunker adjustment factor on all container shipments from the Far East to both coasts of the U.S. as of July 1.

Singapore-based container carrier APL imposed a peak-season surcharge on cargo shipped from India to the U.S., effective June 15.

If the ports of Los Angeles and Long Beach experience congestion during the peak-shipping season this fall, it won’t be due to insufficient infrastructure or marine terminal capacity, Southern C

Container volumes at the Port of Long Beach declined 7.23 percent in May compared to May 2011, with imports dropping 9.15 percent and exports down 0.83 percent.

OOCL announced three changes in its management team on Thursday.

Container volumes at the Port of Los Angeles inched up in May along seasonal trends. Imports increased 2.7 percent compared to May 2011, and exports were up less than 1 percent.

U.S. steel exports in April rose 13.6 percent year-over-year but posted their third consecutive month-to-month decline, government statistics show.

Average spot rates on the Asia-Europe trade slipped slightly this week for the sixth week in a row, reflecting the growing amount of new capacity that is being deployed and of

The idle container fleet has dropped by 47 percent in the last three months as freight rates continue to increase, BIMCO said Thursday.

India’s trade deficit narrowed 12 percent in May, the second month of fiscal 2012-13, but both exports and imports fell on a year-over-year basis, the Commerce Ministry reported on Thursday.

Standard & Poor’s Ratings Services on Thursday lowered its long-term corporate credit rating on CMA CGM’s debt to “CCC plus” from “B minus”, saying its liquidit

APM Terminals has named Ben Vree executive chairman of its European operations, which account for 36 percent of the A.P.

Rising transportation costs and tight truckload capacity are creating more opportunities for intermodal rai

CSAV said it secured a $90 million 12-year loan from Germany’s DVB bank to complete the financing of the last two container ships out of a total of seven ordered from the Samsung Heavy Industri

APM Terminals, on a crane-buying spree, Tuesday ordered 31 ship-to-shore spre

Greece’s Box Ships Inc.

Five carriers announced plans to reconfigure the slings of their joint service to meet peak-season demand on the trade between Asia and the West Coast of Mexico and South America.

Average spot rates on the eastbound trans-Pacific trade surged 20 percent this week as carriers put a peak-season surcharge into effect on June 10.

Mediterranean Shipping Company has joined other liner operators in seeking a general rate inc

The volume of containers handled by the Port of Virginia in May jumped by 12.6 percent to 178,584 20-foot-equivalent units from the same month last year.

Containerized imports will increase gradually during the summer months and are projected to rise sharply in September and October, according to the Global Port Tracker published by the National Retail

Ocean carrier revenues have failed to keep pace with the 50 percent surge in the China Containerized Freight Index since the beginning of the year, according to Alphaliner.

North American steel and construction demand, along with international iron ore and coal traffic, boosted volume on the St. Lawrence Seaway by 5 percent year-over-year in May.

Eurotunnel, operator of the undersea rail tunnel between France and the U.K., is making its debut in the shipping business with the purchase of three roll-on, roll-off ships owned by the bankrupt Sea

Maersk Line said it promoted Jakob Stausholm, currently chief of strategy & transformation, to take on additional responsibilities as chief financial officer.

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

The volume of containers handled by major ports in India fell 1.71 percent year-over-year in the first two months of fiscal 2012-13, the Indian Ports Association said in a statement on Monday.

The race is getting tighter for the U.S. container trade triple crown as the leading carrier in imports, exports and total volume.

Major eastern U.S. railroads stand to gain whether or not the Panama Canal expansion brings more freight to the ports they serve.

Negotiations on a new International Longshoremen’s Association contract for East and Gulf Coast dockworkers have taken a negative turn, confronting shippers with tough choices in the weeks ahead

Delegates to the 35th convention of the International Longshore and Warehouse Union voted unanimously to affiliate with the Panama Canal Pilots Union.