Container Shipping News

Safmarine took delivery of its latest container ship on Monday, the Safmarine Chachai, which was specially built for the African trades by Hyundai Heavy Industries of South Korea.

Hapag-Lloyd will implement a general rate increase on its services from India to Europe and the Mediterranean.

The Antwerp Port Authority has joined a consortium to operate a new rail freight terminal across the border of the Netherlands.

The volume of containers moving through the port of Savannah dropped by 4.2 percent in April from the same month last year and by the same amount from

Mediterranean Shipping Co. will put a general rate increase into effect next month on all westbound cargo shipped from the Eastern Mediterranean to the ports of Arica and Iquique in Chile.

Evergreen Line, Hanjin Shipping and United Arab Shipping Co.

Few industries can match the repetitive practices of automobile importers. “We use the same carriers. We ship to the same destinations.

Ocean carriers are walking a tightrope in the Asia-Europe trades as they prepare to raise freight rates for the fourth time this year in a bid to maximize profits during the peak shipping season.

Russia’s Summa trading and investment group is reported to be close to agreeing on a $1 billion deal to take control of Fesco, the owner of the country’s largest ocean container carrier.

Average spot rates in the westbound Asia-Europe trade fell 4 percent on May 17 from the week before, indicating the most recent general rate increases ocean carriers put into effect on May 1 are not h

OOCL will implement a further general rate increase on the North Europe to Asia trade on June 15.

Maersk Line plans to hike ocean freight rates on South American routes by up to 30 percent this year to stem losses, cover soaring fuel prices and pay for the 16 container ships it ordered for the tra

John Wolfe’s staff at the Port of Tacoma regularly holds stakeholder meetings where it asks terminal operators, longshoremen, carrier representatives and truckers what the port authority can do

Many container ship operators will report losses in the first half of 2012 before bouncing back later in the year, according to a shipping analyst.

HHLA has downgraded its revenue and earnings guidance for 2012 after the port of Hamburg’s biggest stevedore posted a 22.6 percent drop in first quarter operating profit.

The port of Hamburg’s container volume grew 5.2 percent in the first quarter, boosting its Northern Europe market share at the expense of close rivals Rotterdam and Antwerp as surging traffic on

Maersk Line will apply a peak-season surcharge on shipments from India to the U.S. and Canada, starting June 15.

Loaded containers moving through the Los Angeles-Long Beach port complex increased 4 percent in April over April 2011, with imports up 3 percent year-over-year.

A jump in coal shipments helped boost cargo volume on the Saint Lawrence Seaway up 2.2 percent in the first five weeks of the waterway season in 2012.

The schedule reliability of container ships in all trade lanes improved to 72.3 percent in the first quarter of 2012 from 69.4 percent in the last quarter of 2011, according to the latest quarterly Ca

The container volume handled by the Port of Virginia increased 5.2 percent year-over-year in April, to 169,644 20-foot equivalent units.

Jean-Louis Cambon, a prominent campaigner for shippers and a constant scourge of liner conferences, has died after a long illness. He was 59.

MISC Berhad saw revenues tumble in the first quarter following its decision to exit the container business<

Maersk Line slumped to a $599 million operating loss in the first quarter from a $424 million profit a year earlier as collapsing freight rates on the key Asia-Europe route outweighed double-digit gro

Hapag-Lloyd will impose a new round of general rate increases on its East Asia services, which will take effect in June.

NYK Line (North America) said it would quit providing chassis to customers in the Tacoma-Seattle-Portland market, effective July 1.

The Port of Long Beach launched construction of its $1.2 billion Middle Harbor project, which the port and Orient Overseas Container Line say will be the most automated container terminal in North Ame

Dockwise, the Dutch heavy-lift operator, made an unconditional mandatory takeover offer for its Norwegian rival Fairstar.

Ocean carriers&rsquo; bid to levy peak-season surcharges in Asia-Europe trades in June risk unraveling amid increasing signs of rate cutting, Alphaliner says.

European Union naval forces said they conducted their first air strikes on a land base used by Somali pirates.

Hanjin Shipping has joined its liner competitors in announcing a peak-season surcharge on westbound Asia-Europe shipments starting June 1.

Container traffic through India&rsquo;s major ports fell 2.4 percent year-over-year in April, the first month of fiscal 2012-13, according to latest traffic figures released by the Indian Ports Associ

A Mediterranean Shipping Co. vessel appears to be undergoing repairs after an onboard explosion rocked the 900-foot container ship roughly 70 miles north of San Juan, Puerto Rico.

Global Ship Lease&rsquo;s first quarter net income fell to $8 million from $10.8 million a year ago as the NYSE-listed container ship owner&rsquo;s revenue dipped to $38.4 million from $39.1 million.<

U.S. poultry exports in the first quarter set records for quantity and value, according to the U.S. Foreign Agricultural Service.

The Port of Virginia will gain a &ldquo;first-in&rdquo; vessel call in June when MOL will begin making weekly calls at Norfolk International Terminals with its new all-water service between the Far Ea

Pirates hijacked a Liberian-flag oil tanker with 26 men on board in the Arabian Sea off the coast of Oman on May 10.

After non-vessel-operating common carriers enjoyed a growth spurt during container shipping&rsquo;s 2009-10 bust and recovery, some wondered whether they could hold their share in a less volatile mark

Shipping lines that call at U.S.

Singapore-based ocean carrier APL temporarily suspended &ldquo;acceptance of shipments&rdquo; to and from the Port of Aden, Yemen.