Container Shipping News

Multinational shippers will become more attracted to book shipping capacity collectively using centralized freight procurement systems when ocean rates begin to increase again, an Electrolux supply ch

Weiss Rohlig said the recent acquisition of Japan’s JHB Express will benefit the joint venture’s U.S. customers and tap growing intra-Asia trade.

Import volume through major U.S.

National strikes have shutdown Nigeria’s ports, forcing Maersk Line ships to wait until the protests over the cancellation of popular fuel subsidies wanes, according to

A year after President Obama signed the Food Safety Modernization Act into law, the Food and Drug Administration says it is preparing to unveil a variety of new regulations.

U.S.

The Food and Drug Administration is freezing orange juice imports at U.S. ports while it tests shipments for the presence of the fungicide carbendazim.

Seaspan said its offer to buy back up to $169.5 million of its stock has been oversubscribed and that it w

Container shipping may face its “Deepwater Horizon moment” if a casualty involving a large vessel overwhelms the salvage industry’s ability to deal with removal of the containers and

Asian container shipments to Europe in November fell 5.8 percent from October and were down 5.3 percent year-over-year, as the

Average spot rates on the Asia-Europe trade lane increased this week for the fourth week in a row, as European importers rushed to secure vessel capacity before the week-long factory shutdown in Asia.

French ocean carrier CMA CGM imposed a general rate increase on westbound trade moving on its Epic service from India to North Europe and the Mediterranean, starting Feb. 1.

Horizon Lines, the largest U.S.-flag domestic ocean carrier, has converted $49.7 million of debt to equity under terms of a

Average trans-Pacific spot rates held firm after a one-week jump spurred by carriers’ rate increases at the beginning of the New Year

The Indian Shipping Ministry said international naval forces rescued 20 Indian sailors after pirates hijacked their Norwegian-flag bulk carrier off the coast of Nigeria Tuesday.

Costamare, the Greek shipping company that owns the wrecked Rena, reassured New Zealanders it will continue to fund the salvage operation as it moves into a more difficult, costly phase now that the c

Hamburg Sud will add a seventh container ship to its weekly service between the U.S. Gulf, Mexico and Central and South America.

Importers aren’t shifting U.S-bound containers through Canadian ports because they want to avoid paying the Harbor Maintenance Tax, according to the majority comments of made in a Federal Mariti

The Port of Seattle is stepping up pressure on the Federal Maritime Commission over U.S.-bound imports passing through Canada, calling on the agency to close "a loophole" in the Harbor Maint

Safmarine named a new CEO on Tuesday, Grant Daly, a 17-year veteran with the recently integrated multi-purpose vessel unit of Maersk Line.

Maersk Line Ltd. has placed under U.S.

Diana Containerships is buying two Panamax containerships under a purchase and leaseback agreement signed Tuesday with APL.

The Federal Maritime Commission is proposing a change in rules that will make it more expensive for U.S. non-vessel-operating common carriers to do business in China.

SeaFrance was officially liquidated after a Paris court rebuffed the latest rescue bid for the heavily indebted French ferry company.

Zim Integrated Shipping Services imposed a general rate increase on westbound cargo from the Indian Subcontinent to North Europe and the Mediterranean, starting Feb. 1.

Ocean carriers face a growing capacity glut in 2012, especially on the key Asia-Europe trade lane, as ship deliveries accelerate from last year while cargo demand weakens over the coming 12 months, Al

Container throughput at major ports in India in April through December increased 4 percent year-over-year, but the ports are unlikely to meet the government&rsquo;s growth target for the fiscal year.<

Yusen Logistics this week launched a weekly less-than-containerload service from Shanghai to Southampton, U.K., as the forwarder builds on a similar service from England to Singapore.

The container ship Rena broke in two in heavy swells over the weekend on the reef off the New Zeala

DHL Global Forwarding this week launched a less-than-container load service between Italy and Kuwait, as the German carrier adds ocean connections to its growing Middle East hub.

Breakbulk shipping faces a challenging 2012 with excess capacity capping freight rates as a slowing global economy depresses conventional cargo volumes.

Americans are starting to spend money on cars again, and the results are showing up in increased imports of automotive parts.

Even as other markets remain roiled by uncertainty, the hemispheric trade between the U.S. and South America looks bright for 2012 and even brighter in the years ahead.

Industry experts expect the supply-demand trends that drove eastbound trans-Pacific business late in 2011 to extend into 2012.

Nearly five years after the Bush administration first negotiated free trade agreements with South Korea, Colombia and Panama, revised versions of those pacts finally will be implemented this year.

Housing can&rsquo;t do it. Technology is strong, but not strong enough to act as the economic driver. And, with consumer demand weak, don&rsquo;t count on a big retail buying binge.

Like the Energizer Bunny, the trans-Atlantic trade just keeps going and going.

Which kinds of U.S. exports will enjoy the biggest boost from the three new free trade agreements? Beyond its tariff provisions, the Korean pact attempts to eliminate non-tariff barriers to U.S.

Last year&rsquo;s trio of new bilateral U.S. trade pacts &mdash; with South Korea, Colombia and Panama &mdash; will boost U.S.

President Obama&rsquo;s National Export Initiative places a specific emphasis on expanding exports by small and midsize businesses, companies that make up 97 percent of all U.S.