Container Shipping News

The active container ship fleet has soared to a record 15 million 20-foot equivalent units, driven by deliveries of new vessels and a sharp reduction in the number of laid-up ships, according to Alpha

Maersk Line claimed its Daily Maersk liner service has achieved “absolute” reliability in its first six months transporting containers from Asia to Europe.

Hapag-Lloyd will increase its freight rates on major trade lanes as part of a new rate restoration program.

CSAV is creating a new management function, called strategic development and planning, to oversee the struggling Chilean carrier’s restructuring, strengthen its management team and make it more

The port of Antwerp’s container traffic grew a modest, but significant, 0.7 percent in the first three months of 2012, reaching a record high for the first quarter in sharp contrast to

The Port Authority of New York and New Jersey has begun posting an index of monthly freight and passenger activity levels

Steel imports increased 6.5 percent in March over February based on preliminary U.S.

Maersk Line named David Zimmermann as vice president of North American Sales, effective immediately.

Seven Indian sailors, held captive by Somali pirates for nearly four months, were freed Monday following intense diplomatic negotiations.

Maersk Line will impose a peak-season surcharge on trades from Far East Asia to Latin America, starting May 20. The planned surcharge will be $300 per 20-foot equivalent unit.

Trans-Pacific spot rates eased slightly this week after their 19.9 percent spike las

The Port of Los Angeles will invest billions of dollars in transportation infrastructure to maintain its ranking as the largest U.S.

Rickmers Maritime reported first quarter net profit fell 12 percent from a year ago to $8.24 million as the Singapore-listed trust’s revenue stalled at $35.7 million.

CMA CGM will add a direct call at the Port of Dunkirk, France, to its Epic service connecting North Europe, the Indian Subcontinent and the Middle East, effective in early June.

Norway’s Fairstar Heavy Transport spurned an unsolicited takeover offer from Dutch heavy-lift shipping rival Dockwise.

A presidential decree has cleared the way for the construction of new container terminals at the Port of Tanjung Priok, Indonesia.

France’s sovereign investment fund is weighing a $195 million stake in CMA CGM, the country’s largest ocean container carrier, according to a French national report.

CMA CGM and Emirates Shipping Line entered a vessel sharing agreement to jointly operate two container services connecting the Middle East and East Africa, starting in early May.

Pirates are increasing their attacks on the maritime trades off West Africa, according to the latest global piracy report released Monday by International Maritime Bureau of the International Chamber

Orders at Japanese shipyards rose for the first time in four months in March on a year-on-year basis, increasing 8.6 percent to 1.1 million gross tons, according to the Japan Ship Exporters’ Ass

Intermodal rail service from West Coast ports involves much more than placing a marine container on a train in Los Angeles or Seattle and lifting it off at an inland rail ramp.

Spring arrived early, in more ways than one, for shippers, carriers and transportation intermediaries serving the U.S. market.

For five years, Evergreen Line stayed on the sidelines as its rivals among the top 20 global ocean carriers swept up 10,000-TEU-plus vessels in a ship-ordering frenzy, racking up hundreds of millions

Wastepaper exports to China often are a leading indicator of import container volume. A large portion of scrap paper shipments are recycled into packing material for consumer goods for U.S.

U.S. exporters searching for clarity and transparency in helping to form shipping decisions soon may have a new research tool, if Federal Maritime Commissioner Richard Lidinsky has his way.

It’s been a wild year for Horizon Lines and Stephen H. Fraser, the executive who has led the largest Jones Act container line from the brink of bankruptcy to relative stability.

The West Coast came in last among the three coasts in year-over-year percentage growth in the U.S. 2011 container trade, and lost market share.

The Panama Canal Authority board of directors late Friday approved a proposal to raise tolls on multiple vessel types in stages over the next two summers.

The Port of Virginia is gaining a last-out port call as a result of the decision by the CKYH alliance to upgrade its all-water services that between Asia and the U.S. East Coast.

Container volume in the Port of Charleston rose 12 percent in year-over-year in March, the strongest month for containerized traffic at the port since

Sea Star Line, Crowley Liner Services and their parent companies have been hit with a second civil antitrust lawsuit by shippers that opted out of a class action settlement for carrier price-fixing in

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

The March 16 arrival of the massive ship Fabiola at the Port of Long Beach serves as a wake-up call to West Coast ports: The old ways of handling container ships are over.

Last week I was asked to offer a competitive assessment of the Port of New York and New Jersey for a New Jersey transportation planners’ conference.

India’s trade deficit soared to $185 billion in fiscal 2011-12 as a 32.1 percent jump in imports outpaced a 21 percent growth in exports.

The Georgia Ports Authority handled a record 2.37 million tons of cargo in March, including 2.03 million tons of containerized cargo.

Orient Overseas Container Line’s first quarter volume revenue slipped 0.9 percent to $1.3 billion despite a 5.4 percent rise in volume from a year earlier.

Hanjin Shipping in May will join other Asia-based carriers to expand its presence in the East Mediterranean.

Ingram Barge has agreed to acquire U.S. United Barge Line, a company with 17 towboats, almost 650 barges and approximately 300 employees.