Container Shipping News

Evergreen Line is joining forces with the CKYH Alliance of Cosco,

The 1,046-foot Seletar called on the Nhava Sheva International Container Terminal, a DP World facility, this week.

U.S. international containerized trade grew about 3.7 percent in 2011, a sharp slowdown from the double-digit from the year before, according to preliminary figures from PIERS.

When demand for shipping space plunged during the 2009 recession and freight rates collapsed, many shippers who were still moving goods tore up their fixed-rate annual contracts and demanded lower pri

Maersk Line is closing 2011 much as it started the year, lobbing another bombshell onto a container shipping business engulfed by tumbling freight rates and soaring losses over the past 12 months.

Drewry Shipping Consultants is banking that rate indexes will come into greater use worldwide, not only as a base for adjusting shipping contracts but also as a pricing mechanism for shippers, carrier

The average spot rate for container shipping from Asia to Europe jumped 7.4 percent in the past week, part of a broad increase in pricing on east-west trade lanes that sent the

United Arab Shipping Company will seek a general rate increase on westbound trade from the Indian Subcontinent, Red Sea and the Arabian Gulf to North Europe and the Mediterranean, starting Jan.

Hanjin Shipping is selling its stake in the Hanjin Group’s holding company, prompting suggestions in South Korea that the container line will separate from the larger business.

Hapag-Lloyd imposed an “emergency revenue charge” on all containers moving from the Indian Subcontinent to the U.S. and Canada.

If there’s a terrorist cell in America plotting to export weapons of mass destruction, it hasn’t been discovered yet. That’s crazy talk, maybe.

Container throughput at the Port of Seattle in November fell 1.8 percent year-over-year, as a 6.1 percent decrease in exports offset a 2 percent rise in imports.

Asian demand for grain helped pushed loaded container exports up 14.2 percent at the Port of Tacoma in the first 11 months of 2011.

Hamburg-Sud and Mediterranean Shipping Co will merge their Mediterranean-East Coast South America services in January, cutting capacity in a bid to boost flagging freight rates.

Japan’s trade deficit expanded for the second straight month to $8.78 billion in November, as exports fell 4.5 percent year-over-year and import jumped 11.4 percent, according to preliminary fig

Maersk Line will impose a new round of general rate increases on its Far East Asia services in January.

Oakland city officials have rejected a call for city leaders to use strong tactics to prevent Occupy protestors from shutting down the Port of Oakland again.

Panalpina said its recently opened 32,800-square-foot logistics facility in North China will become the Swiss logistics group's hub in the growing region.

Customs and Border Protection may allow exporters to join a voluntary supply chain security program, and Japan, Colombia and Costa Rica are onboard for a test run of the program.

Hapag-Lloyd will start calling at the Port of Baltimore in February as the first U.S. port of call on its Gulf of Mexico Express from North Europe to the U.S.

Antwerp will raise harbor dues by 2 percent in 2012, the first increase in three years, as Europe’s largest port aim to fund infrastructure improvements.

The Export-Import Bank of the United States posted its third straight record year in 2011 for financing exports from U.S. companies, the bank announced Tuesday.

CSX Transportation said it will start on-dock rail service at the Virginia Port Authority's APM Terminal in Portsmouth on Jan. 3.

The South Carolina State Ports Authority on Tuesday suspended funding for its joint project with the Georgia Ports Authority to build the Jasper

OOCL and Canadian National Railroad this became the first two carriers of their respective industries to share their manifest data directly with the Customs and Border Protection’s Automated Com

Moody’s has changed its outlook for Hapag-Lloyd to “negative” from “stable” after the German carrier had a “weaker than expected performance” during the first

CMA CGM is relaunching its Black Pearl service between the U.S. East Coast and the west coast of South America as part of the worldwide consolidation of its services with Mediterranean Shipping Co.

Hamburg Sud will restructure many of the joint vessel-sharing agreements it operates with other carriers on the trade lanes from North Europe and the Mediterranean to Central America and the west coas

Members of the New World and Grand alliances, moving to match the expansion of larger rivals, said Tuesday they will forge a new vessel-sharing alliance operating 90 vessels on Asia-Europe trade lanes

The Port of Colombo received a call this week from the APL Chongqing, the largest container ship to call on t

U.S. containerized exports are expected to rise 3.8 percent next year after a 5.8 percent gain this year, Journal of Commerce Economist Mario O. Moreno said.

Norwegian shipowner Star Reefers has won a U.K.

The new 2012 federal budget awaiting President Obama’s signature contains $26.9 million in funding for the eastward expansion of

The Cai Mep International Terminal received a call this week from CMA CGM’s Laperouse, the largest container ship to call on a Vietnamese port, foreshadowing the wave of ultra large ships to be

Eivind Kolding, the architect of Maersk Line's ambitious effort to expand the reach and influence of the world's largest ocean container carrier, announced his resignation as CEO on Monday to head Dan

Europe Container Terminals, the port of Rotterdam’s largest stevedore, is suing the Dutch port for $1.2 billion in compensation in an escalating dispute over a new container terminal.

Soren Skou, the newly appointed CEO of Maersk Line, said his key goals are defending the Danish ocean carrier’s leading world market share and further reducing its costs.

Diana Containerships is buying two second-hand Panamax containerships from a KG partnership under an agreement it signed with Reederei Santa Containerschiffe, a charter ship owner.

The Grand Alliance plans to increase the size of the vessels it deploys on the joint trans-Atlantic service it operates with Hamburg Sud and Zim Integrated Shipping Services as of March.

Soren Skou, newly appointed CEO of Maersk Line, is no stranger to growth and consolidation in ship