Container Shipping News

A two-month longshoremen’s strike in 1977 left Harold Daggett so strapped he qualified for food stamps, but Daggett said he couldn’t tap family members for a loan “because they were

Peter Tirschwell’s July 18 commentary, “Season of the Switch,” put a new twist on the East Coast vs.

Geoffrey Giovanetti has a favorite East Coast port gateway for seaborne imports of wine and spirits destined for the Midwest, but he generally leaves the choice of ports and the intermodal facilities

The Longshore Workers Coalition, the intra-union group that has criticized International Longshoremen’s Association leadership, was relatively quiet during last month’s ILA convention in H

Horizon Lines says it is making “significant progress” on a refinancing announced two months ago, but the financially struggling container line still lost $7 million in the second quarter

Spot rates for trans-Pacific trade fell for the second week in a row, while pricing on Asia-Europe trade lanes improved for the week ending Aug.

Chilean ocean carrier CSAV will implement a general rate increase on westbound shipments from India to Europe, starting Aug. 15.

U.S. job growth increased more than expected in July as a rise in private payrolls offset shrinkage in government jobs, the Labor Department said.

International Container Terminal Services will complete the first phase construction of a terminal at the Port of La Plata in Argentina next year.

China’s Ningbo Port saw container traffic increase 13.7 percent year-over-year to a new record of 7 million 20-foot equivalent units in the first six months of the year.

In the trans-Pacific, capacity is surging and rates are sagging. In South America, Africa and the Middle East, demand is buoyant.

An unofficial “go-slow” campaign by a group of dockworkers at the Gateway Terminals India operated by APM Terminals threatens to worsen congestion in Nhava Sheva (Jawaharlal Nehru), India&

APL said its trans-Pacific services missed their arrival window only seven times in 114 port calls to the U.S.

Hapag-Lloyd said Friday it will apply a port congestion surcharge on shipments moving through India’s Port of Jawaharlal Nehru (Nhava Sheva), making it the second carrier to do so in a month.

Canada’s Port of Prince Rupert reported loaded container volume soared 33.1 percent in July on Thursday, an unusually strong expansion that came as most North American ports are showing lacklust

Lines will be hard-pressed to enforce peak season surcharges from Aug. 15 on Asia-U.S. lanes, said analysts and forwarders based in Asia.

Total container volumes handled by the six major ports in Northern Europe continue to decline from their March high, largely because of fears of default by several European Union member countries, acc

Maersk Line will seek a general rate increase on cargo shipped from the Indian subcontinent and the Middle East to Europe, effective Sept. 1.

India’s Port of Jawaharlal Nehru (Nhava Sheva) disputed reports that crane replacement at the port-run terminal was done proper planning and prior consultations with users as well as other stake

After a two-month delay, the 15 container lines that belong to the Transpacific Stabilization Agreement announced peak season surcharges as of Aug. 15.

Seaspan cut its loss to $34.9 million in the second quarter from the $121.8 million loss the independent

CMA CGM high-yield bonds dropped sharply in Europewan trading on Wednesday after it reported a lower-than-expected liquidity figure, and reports circulated that it may breach some of its loan agreemen

Growth in U.S. containerized imports slowed to 4 percent in the second quarter after rising 9 percent in the first three months of 2011, according to Journal of Commerce sister company PIERS.

Yang Ming and OOCL plan to merge their two China-India-Pakistan services (CPX and CIS 2) into a single loop called CPX, according to Alphaliner.

Several financially strong companies, mainly in Asia, are poised to break into the global container terminal market, challenging the established operators that dominate the industry, according to a ne

Container ship owner-charterer Seaspan took delivery of its 63rd vessel, a 4,500 twenty-foot-equivalent unit ship chartered to “K” Line.

Vessel owner-charterer Diana Containerships said its second-quarter loss narrowed to $600,000 from $1.7 million a year ago, as time-charter revenue increased to $4.2 million from $1.3 million within t

The German twin ports of Bremen-Bremerhaven boosted first half container traffic by 25 percent from a year ago, outpacing growth of their North European rivals.

The average spot rate for shipping a container from China to the U.S. West Coast fell 6.8 percent to its lowest point in 20 months in the past week amid slumping U.S.

The Western India Shippers Association says shipping lines and the Indian government share responsibility for the congestion and delays blighting operations at India’s largest container gateway.

Zim Integrated Shipping Services imposed a peak season surcharge on westbound cargo moving from Asia and the Indian subcontinent to West Mediterranean, Adriatic and North Europe destinations, staring

U.S.

India’s exports surged 46.45 percent year-over-year to $29.21 billion in June, as fears grow that the uncertainty in the U.S.

Active container ship capacity around the world is up 10 percent over the past year, running ahead of cargo d

Wallenius Wilhelmsen Logistics announced changes on Tuesday in its North American management team.

U.S. West Coast ports registered a modest increase of 5 percent in total loaded containers during the first six months of 2011 compared to the same period last year.

General Electric and a partner sold shipping container lessor GE SeaCo to HNA Group and Bravita Capital for $1.05 billion, as the Chinese transportation group grows its container shipping portfolio.

APM Terminals said productivity of cranes at its container terminal in Apapa, Nigeria, has risen 25 percent in the past twelve months, and berth productivity is 50 percent higher than a year ago.

In the seven years since the U.S.-Chile free trade agreement took effect, U.S. exports to the South American country spiked more than 300 percent, while U.S. imports grew a more moderate 90 percent.

Finnlines reported first half operating profit fell 9 percent from a year ago due to Finnish port strikes, severe ice conditions in its core Baltic Sea market and high fuel prices.