Container Shipping News

International container traffic during the first six months of 2011 at the Port of Nagoya rose 4.9 percent year-over-year, as auto exports grew 38.3 percent at Japan's top global trade port and gatewa

Excess capacity and insistence on chasing unprofitable market share will cause many container ship lines to lose money this year despite global volume growth of more than 7 percent, Drewry Maritime Re

A $120 million port and multimodal transport project in Myanmar will open up international trade with India’s isolated North East provinces.

As container terminals up and down the 102-mile Suez Canal were closing briefly during Egypt’s revolution last February, business through the waterway barely blinked.

The Georgia Ports Authority approved a $4.75 million project that will expand the Port of Savannah’s capacity for refrigerated container storage by 45 percent.

Just how successful has PierPass been at the Port of Los Angeles-Long Beach?

When political upheavals erupted across North Africa and the Middle East last February, it was just the beginning of a tumultuous time at the Suez Canal Container Terminal.

After a brief, recession-driven pause in growth in 2009, global perishable refrigerated trade expanded 3 percent in 2010, and is expected to increase at that level for the next few years, according to

Maersk Line has a new direct weekly service from Latin America to the Black Sea. Called Ecumed, the service links Ecuador with Spain, Turkey and the Black Sea, using eight 2,500-TEU vessels.

Liner carrier CSAV says its board of directors will inject $1.2 billion into the company, and split the liner shipping business from a subsidiary that is involved in the marine service sector.

Exports of U.S. beef in July set a new value record of $513.1 million on volume of 120,424 metric tons.

Worldwide refrigerated trade is expected to grow at an unexciting but steady 3 percent annually for the next few years, but Ocean World Lines is thinking much bigger: The non-vessel-operating common c

Some in the perishables industry already are talking about lawsuits as the Food and Drug Administration rolls out new fees for inspections of some imported foods.

The Institute of International Container Lessors urged the Federal Maritime Commission to refuse to expand antitrust immunity for an ocean carrier group that controls six intermodal chassis pools.

A big shift of manufacturing from China to the U.S. and other parts of North America will create up to 3 million U.S. jobs in coming years, says a study from Boston Consulting Group.

Hapag-Lloyd will apply a general rate increase on cargo shipped from the U.S.

Consumers in every part of the globe must be following the old adage “an apple a day keeps the doctor away.”

Bananas are the world’s most traded fruit.

CMA CGM denied reports Friday it is close to signing a $2 billion order for 20 large container ships from China, but the ocean carrier confirmed it is discussing possible charter deals with shipyards

The number of foreign trade containers moving through the Port of Tokyo rose 9.7 percent in the fi

The Port of Los Angeles said Thursday it will not appeal an appeals court ruling striking do

Wei Jiafu, chairman of Cosco Group, the world’s fourth-largest container line by capacity and the largest carrier based in China, will be the opening keynote speaker at

The Panama Canal Authority ordered 14 new tugboats in anticipation of more vessel traffic when the canal completes its

“If it was easy, everyone would be doing it,” the logistics director for a large U.S. health care products importer and exporter said recently.

Maersk Line plans to increase freight rates on westbound cargo from the U.S. to the Far East, starting Nov. 15.

Maersk Line changed the port rotation of its MESA Service connecting the Middle East, the Indian subcontinent and South Africa.

Maersk Line on Thursday denied reports that it is using its market size and economies of scale to drive weaker carriers out of the Asia-Europe trade and gain market share.

The National Retail Federation forecasts a 2.8 percent increase in holiday sales, and said

Container ship charter rates are in free fall as ocean carriers cut back on hired tonnage amid plunging freight rates, rising overcapacity and sluggish cargo growth on key trade routes.

Horizon Lines completed a complicated $652.8 million refinancing that saves the largest U.S.

The Canadian government said it will “vigorously defend” its trade policies and infrastructure investments against any of the findings of a Federal Maritime Commission study looking into t

Georgia’s Port of Brunswick hit an annual record in auto and machinery unit traffic, as the number of units handled grew 40 percent year-over-year in the fiscal year 2011 that ended June 30, sai

The London P&I Club warned that shipowners face a significant increase in exposure to claims and fines in jurisdictions suffering from high interest rates and protracted legal proceedings.

The Federal Maritime Commission, jumping into a dispute over the shift of imported containers from the United States to Canada, voted Wednesday to launch an inquiry over whether the U.S.

Horizon Lines said it expects to complete a $655 million refinancing by Thursday following agreement by holders of 99.3 percent of its convertible notes to swap their bonds for a combination of stock

Toy shipper Mattel overhauled its agreements with ocean carriers this year to clarify shipper-carrier responsibilities and provide both parties with incentives to fulfil contract terms, a company exec

China will need to import 2 million tons of U.S. corn by next year even though the country expects a record harvest this year, said the U.S. Grains Council.

Container traffic through major ports in India increased 4.3 percent year-over-year in the first half of fiscal 2012 ending Sept. 30, the Indian Ports Association said Wednesday.

Slow steaming, a practice that ocean carriers adopted during the last four years to save on bunker fuel costs, is likely to becom

Containerized imports moving through West Coast ports in August declined 7 percent compared to the same month in 2010 while exports surged 12 percent compared to August 2010, according to the Pacific