Container Shipping News

If the intent of the Occupy movement was simply to attract attention by attempting to shut down West Coast ports on Dec. 12, the loosely knit groups achieved a major coup.

After nearly 100 years, it’s time to change the system the U.S. government uses to collect anti-dumping duties.

Analysts don’t expect Asia-Europe rates to recover in the coming weeks because there is no surge of volume and reduction of overcapacity in sight.

Oakland City Council members are urging city leaders to prevent protesters from shutting down the Port of Oakland again, but Occupy supporters on Friday threatened to strike back against the city&rsqu

Maersk Line is imposing port congestion surcharges on all inbound containers handled at Dar es Salaam, Tanzania.

The ocean shipping industry’s confidence grew in the quarter ended Nov.

U.S. exporters are looking forward to a good year in 2012, but they also are somewhat disappointed. If the global economy were doing better, 2012 could be a great year for exports.

Few industries face the unique market forces that can affect the flow of trade as agriculture does. Markets can be as fickle as the weather.

Asian demand for new cars and increased sourcing of parts from China are fueling a third-party logistics boom in the continent, but the market is “very fragmented with lots of local players in d

The Port of Long Beach reported double-digit declines in cargo volume in November, largely because of the loss of a major tenant.

Mediterranean Shipping overtook Maersk Line off as the top container line serving the U.S.

Container imports at the Port of New York and New Jersey fell 3.7 percent in October to the lowest level since June and export growth slowed down as business at the East Coast’s largest port eas

A 15 percent increase in exports in November over November 2010 assured the Port of Los Angeles that it will have another record year in containerized exports, according to the port's

Maersk Line suspended its congestion surcharge of $100 per 20-foot container imposed earlier on shipments to and from Sydney, Australia.

MOL is adding a call at the Vallarpadam International Container Transshipment Terminal in India’s Port of Cochin, bringing the number of direct weekly services to DP World's new container f

The migration of manufacturing in China inland and north to avoid higher labor costs in the south is now b

Citing a strong Black Friday weekend, the National Retail Federation said it now expects holiday sales to rise 3.8 percent instead of the 2.8 percent year-over-year gain it forecast in October.

Asia-Europe spot rates fell 2.1 percent this week in a continuing downward spiral that has seen freight rates decline by almost 65 percent since the end of January.

Maersk Line will add three European ports its Daily Maersk “conveyor belt” service between Asia and Europe, seeking to counter the

Leading German charter container ship owners Erck Rickmers and Komrowski today unveiled plans for a merger, creating the nation’s biggest vessel pool with 162 ships, including 120 box vessels, t

The consolidation of services that Mediterranean Shipping Co. and CMA CGM announced on Dec.

Singapore-based container carrier APL is imposing a peak-season surcharge on westbound trade from Asia to North Europe and the Mediterranean.

The Global Port Tracker retail shipping industry report forecast a 0.3 percent increase in December container imports through major U.S.

Seaspan announced this week a stock buyback offer in conjunction with the launch of a tender offer to purchase up to 10,000,000 of its Class A common shares.

DFDS and Louis Dreyfus said they are not making a revised joint bid for assets of Sea France because of resistance from the union representing the majority of seamen at the ailing French ferry operato

Sweden’s competition regulators cleared APM Terminals’ 25-year concession to operate the port of Gothenburg’s Skandia container terminal, the country’s biggest box facility.

Cargo operations at West Coast ports returned to normal Tuesday after Occupy movement protests shut down operations at some terminals in Oakland and Portland the day before but largely fizzled out wit

TUI is exercising its right to tender a further 33.3 percent stake in Hapag-Lloyd to the Albert Ballin conso

Maersk Line will reintroduce its CRX service in January connecting Mexico and Costa Rica directly with the U.K., the Netherlands and Germany.

Hyundai Merchant Marine closed on a $500 million debt facility on Tuesday from a syndicate of financial institutions led by DNB Bank

The Journal of Commerce and sister company PIERS signed a strategic agreement w

A carbon tax on international shipping to finance a “green fund” for developing nations was blocked at recently concluded United Nations climate change talks.

Several hundred Occupy movement protesters blocked entrances to the Port of Oakland on Monday while police in riot gear lined up at the ports of Los Angeles and Long Beach to block attempts to shut do

OOCL is joining in a vessel-sharing agreement with CMA CGM on the French carriers’ service between New Zealand and Northeast Asia to create a weekly fixed-day service.

The Japanese government has revised the nation’s tonnage tax system in response to strong pressure

Toyota cut its profit forecast by more than half after Thailand’s worst floods in almost 70 years disrupted output of Camry and Prius vehicles.

Emirates Shipping Line reduced the port congestion surcharges the carrier has imposed on containers shipping through India’s Port of Chennai for the last two months.

Maersk Line is working with the U.S. Navy to test biofuel derived from algae on a Maersk container ship on a voyage from Northern Europe to India.

The average revenue per 40-foot equivalent container unit transported by APL fell $1 from the month before even as the carrier’s total volume increased 2 percent in the four-week period from Oct

India downgraded its expectations for exports by 6.7 percent in fiscal 2012, which ends March 31, after the country admitted to overstating exports growth in the eight months through November.