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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
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Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
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The latest Container Shipping News & Analysis
Running on Fumes
Peter T. Leach |
Mark David, sales manager of Saratoga Honda, normally gets 115 to 150 new Hondas a month to sell to customers in this upstate New York resort town.
Transport, Trade and Regulation News
Maritime
Forwarding
ILWU Longview Protest Enters Third Week
Bill Mongelluzzo |
An International Longshore and Warehouse Union protest at the Port of Longview, Wash., entered its third week on Friday, with picketers demonstrating in front of the EGT grain export terminal over the
Maritime
Forwarding
Shippers Avoid Indian Port as Congestion Increases
Mike King |
Many shippers are avoiding moving cargo through the Port of Jawaharlal Nehru (Nhava Sheva), as some face delays of up to 10 days because of congestion recently exacerbated by crane installation.
Port News
Maritime
Container lines
Forwarding
CMA CGM, CSAV Launch Asia-West Africa Service
JOC Staff |
CMA CGM and Chilean carrier CSAV will jointly operate a direct container service between Asia and West Africa, starting early next month.
Container lines
Maritime
Forwarding
Horizon Lines Lost $7 Million in Second Quarter
Mark Szakonyi |
Horizon Lines lost $7 million in the second quarter compared to a $4.1 million profit in the same period a year ago, as the U.S.
Container lines
Maritime
Forwarding
South Korean Port Container Traffic Up 10.3 Percent
Mike King |
Container volumes through South Korean ports rose 10.5 percent to a record 10.5 million 20-foot equivalent container units in the first half of the year compared to the same period a year ago.
Port News
Maritime
Forwarding
"K" Line Predicts Full-Year Operating Loss
Hisane Masaki |
Japan’s Kawasaki Kisen Kaisha ("K" Line) expects to suffer a group operating loss of $64.10 million fiscal 2011, which began April 1, compared with a group operating profit of $751.4 m
Container lines
Maritime
Forwarding
Freight Rate, Surcharge Update for Week of July 25-29
JOC Staff |
Maersk Line announced a general rate increase on westbound cargo moving from India and Sri Lanka to West Africa
Container lines
Forwarding
Mississippi River Turbines Generating Interest
John D. Boyd |
With the installation of a single turbine at a dock on the lower Mississippi River, a renewable energy company is taking a big step toward what could be an unending power source.
Maritime
Forwarding
Pushing People Power
Joseph Bonney |
Resins are the unchallenged king of the Houston container market, but there are millions of reasons that could change in the years ahead.
Maritime
Forwarding
North American ports
MOL Suffers $103 Million Loss
Hisane Masaki |
Japan’s Mitsui O.S.K.
Container lines
Forwarding
NYK Line Posts $91.6 Million Loss
Hisane Masaki |
Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) lost $91.68 million on a consolidated basis in the first quarter of fiscal 2011, which started on April 1, compared with a net profit of $294.79
Container lines
Air Cargo
Air Cargo Carriers News
NY-NJ Port Truckers Face Chassis Shortage
Peter T. Leach |
Truckers that dray containers to and from many of the ocean terminals in the Port of New York and New Jersey say there aren’t enough chassis available in the ocean carriers’ chassis pool t
Port News
Maritime
Trucking News
Container lines
ILA’s Daggett Vows Aggressive Stance
Joseph Bonney |
Harold Daggett took over as president of the International Longshoremen’s Association on Thursday with a vow to fight automation, increase organizing and research activities, aggressively enforc
Longshore labor
Maritime
Forwarding
MOL Upgrades Panama-Brazil Feeder Service
Peter T. Leach |
MOL is doubling the capacity of its CX1 feeder service running between Panama and Manaus, the Brazilian manufacturing center 800 miles up the Amazon River.
Container lines
Maritime
Forwarding
Costamare's Profit Up 24.7 Percent
Bruce Barnard |
Greek containership owner Costamare increased its profit 24.7 percent year-over-year to $26.2 million in the second quarter.
Maritime
Container lines
Forwarding
Ocean Carriers Hike India-Europe Rates
JOC Staff |
Three major ocean carriers are hiking rates on westbound shipments from India to Europe, starting in early August.
Container lines
Maritime
Forwarding
VDOT's Connaughton Promotes Shipper Incentives
R.G. Edmonson |
The Commonwealth of Virginia is offering shippers a tax credit for moving containers off the highways to the marine highway or railways, Virginia Secretary of Transportation Sean Connaughton said Tues
Maritime
Rail News
Transport, Trade and Regulation News
Forwarding
North American ports
US Container Imports Slide 1.7 Percent
Peter T. Leach |
U.S. containerized imports dropped 1.7 percent in June from the same month last year after rising 5.5 percent in May, a poor signal for trade heading into the peak shipping season.
Forwarding
Maritime
Ocean Charter Market Declines
Bruce Barnard |
Containership charter rates are tumbling as ocean carriers re-asses their tonnage requirements amid slowing cargo growth and weakening freight rates.
Maritime
Container lines
Forwarding
New VPA Board Takes Office
Peter T. Leach |
A new slate of eight directors was sworn in as new members of the board of the Virginia Port Authority on Tuesday, which will be headed by a new chairman, Michael J.
Port News
Maritime
Transport, Trade and Regulation News
Forwarding
Hapag-Lloyd Sets Rate Increases, Surcharges
JOC Staff |
Hapag-Lloyd is implementing a series of general rate increases and peak-season surcharges on Asia-Europe-Mediterranean trade lanes, as part of a new rate restoration program.
Container lines
Maritime
Forwarding
Long Beach, Los Angeles Announce Clean Air Awards
Bill Mongelluzzo |
The ports of Los Angeles and Long Beach have chosen seven companies as recipients of the 2011 Clean Air Action Plan quality awards.
Maritime
Trucking News
Container lines
Guangzhou Port Container Traffic Up 10.3 Percent
JOC Staff |
The volume of containers handled by at terminals operated by the Guangzhou Port Group increased by 10.3 percent year-over-year in the first half of 2011 to 5.2 million 20-foot equivalent units.
Port News
Maritime
Forwarding
Panama Begins Pouring Concrete for New Locks
Peter T. Leach |
Maritime
Forwarding
DFDS, Louis Dreyfus Jointly Bid for French Shipping Line
Bruce Barnard |
Denmark’s DFDS, northern Europe’s largest short sea carrier, and French ship-owner Louis Dreyfus Armateurs, on Tuesday launched a joint bid for certain assets of SeaFrance, a financially t
Maritime
Container lines
Forwarding
Tacoma Container Traffic Down 11 Percent
Peter T. Leach |
The volume of containers handled by the Port of Tacoma dropped by 11 percent in June compared to the same month a year ago, reflecting the sluggish trends in the U.S.
Port News
Maritime
Forwarding
Danaos Trimmed Loss Sharply in Second Quarter
Bruce Barnard |
Danaos, the Greek containership owner, reported a sharply lower second quarter loss compared to the same period a year ago, as charter revenue surged 35 percent within the same period.
Maritime
Forwarding
Japanese Ship Orders Sink 65.7 Percent
Hisane Masaki |
Japanese export ship orders fell for the second straight month in June on a year-on-year basis, plunging 65.7 percent to 545,770 gross tons, according to figures released by the Japan Ship Exporters&r
Maritime
Forwarding
Nehru Port Plans to Build Fifth Terminal
JOC Staff |
India’s Port of Jawaharlal Nehru (Nhava Sheva), which is struggling to cope with increased congestion, unveiled plans to build a fifth container terminal to accommodate a projected significant g
Port News
Maritime
Forwarding
DP Traffic Grew 11 Percent in First Half
Bruce Barnard |
DP World said an 11 percent jump in container traffic in the first half of the year will deliver “significant improvement” to the Dubai-based terminal operator’s earnings in the peri
Port News
Maritime
Forwarding
Hamburg Sud Stops Chassis Service at Oakland
Peter T. Leach |
Hamburg Sud will stop providing chassis for merchant haulage in and around the Port of Oakland as of Sept.
Port News
Maritime
Container lines
Forwarding
Chevron Contracts Dockwise's New Heavy-Lift Ship
Bruce Barnard |
Dockwise signed the first contract for the world’s largest heavy-lift vessel with U.S. oil company Chevron for a undisclosed sum.
Maritime
Forwarding
Georgia Ports Report Double-Digit Growth
Peter T. Leach |
Container, auto and breakbulk volumes at Georgia’s two deep-water ports surged at double-digit rates in the 12 months of the fiscal year ended June 30, the Georgia Ports Authority reported Monda
Port News
Maritime
Container lines
Forwarding
North American ports
Virginia Governor Sacks Most of Port Board
Peter T. Leach |
Virginia Gov. Bob McDonnell replaced 10 out of the 11 members on the board that oversees the Virginia Port Authority in an effort to spur lagging volume and revenue.
Port News
Maritime
Transport, Trade and Regulation News
Forwarding
North American ports
Rickmers Trust Profit Surged in Second Quarter
Peter T. Leach |
Containership owner-charterer Rickmers Maritime Trust said Monday that its net profit in the second quarter surged by 1,302 percent year-over-year to $8.55 million, while its revenue increased 3 perce
Forwarding
Maritime
Ocean Carriers Skip Congested Indian Port Calls
JOC Staff |
Severe terminal congestion at India’s Port of Nhava Sheva (Jawaharlal Nehru) spurred major ocean carriers to skip calls at the port and reroute ships to Mundra, a privately-owned cargo hub farth
Port News
Maritime
Container lines
Forwarding
NOL Volume Up, Average Revenue Falls
Peter T. Leach |
Container lines
Maritime
Forwarding
Slow-Steaming for Surcharges
Bill Mongelluzzo |
In their original proposal for the 2011 contracting season, ocean carriers announced through the Transpacific Stabilization Agreement discussion group they intended to impose a $400 peak-season surcha
Maritime
Container lines
Forwarding
Pioneering AFL Sets Sail
R.G. Edmonson |
The AFL New England made its inaugural call at Boston on July 19, officially kicking off the vessel’s Halifax-Portland, Maine-Boston service, the first stage of a marine highway network American
Transport, Trade and Regulation News
Maritime
Forwarding
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