Container Shipping News

United Arab Shipping has a new $205 million loan facility to finance the acquisition of two container ships with capacities of 13,100 20-foot equivalent units.

Turkey’s bold plan to build a canal to divert shipping from the heavily congested Bosporus Strait will be put to the test after the country’s general election on June 12.

American exporters are doing their part to meet the government’s goal of doubling exports in five years.

U.S. farmers and processors are gearing up for another big year of corn exports — in high-value solid and liquid form.

With the economy improving, at least one major importer and exporter thinks it’s time to focus on building supply chain models better designed to handle market volatility and allow carriers and

The value of U.S. international trade rebounded sharply in 2010 and is now only 6.2 percent below the peak realized in 2008 prior to the global recession. International trade to and from the U.S.

Imports from Asia are largely responsible for making Long Beach the nation’s second-largest container port, but exports could lead that growth in the future, especially agricultural products.

If the world were a better place, the U.S. Agency for International Development wouldn’t be among the top 100 U.S. exporters.

Companies that want to expand their export business should follow the advice newspaperman Horace Greeley gave 160 years ago: Go west.

Just when shippers were starting to feel good about equipment supplies this year, carriers and container lessors alike are warning of possible container shortages during the peak season.

U.S. agriculture is riding high on the productivity of American farmers and a huge demand for their products in the global marketplace.

When Clarence Gooden, chief marketing officer for eastern U.S.

With overall exports this year at near-record levels, cotton shippers are hustling to secure equipment and vessel space in the trans-Pacific, and they seem to be fairly successful in doing so.

When the earthquake and subsequent tsunami struck northern Japan in mid-March, killing hundreds and causing major damage to that country’s infrastructure, supply chain specialists sensed immedia

After suffering a decline in production as a result of growing company layoffs and bankruptcies tied to the Great Recession of 2008-09, the chemical industry is back to formulating trade gains.

U.S. textile and apparel imports have been rising this year as a result of growing confidence among importers that U.S. consumer demand is recovering.

U.S. container trade is growing at two speeds. Export volume is soaring while consumer-driven imports are rising more slowly.

Japanese automakers are struggling with epic supply chain disruptions in the wake of the magnitude-9 earthquake and tsunami on March 11 that devastated the nation’s industrial northeast and clai

After a year of recovery in imports of furniture and home furnishings, U.S. furniture and home furnishings importers are more optimistic than they’ve been in years.

RILA’s Casey Chroust says recovering retailers remain focused on tight inventories and – say it slowly – transportation disintermediation

When European Union antitrust authorities sprang a series of surprise visits on the offices of several of the world’s largest container lines, it set off what promises to be a long investigation

The 2008-09 economic recession was painful for the footwear industry, but the industry is putting lessons learned to good use now that the market has rebounded.

Recycling paper, plastics and scrap metal is good not only for the environment but also for reducing the U.S. foreign trade deficit. Scrap exports comprise one of the largest sectors in the U.S.

The U.S. Export-Import Bank is guaranteeing $22.2 million in euro-denominated loans so a Vermont builder of wind energy turbines can export 55 units to Italy.

The barge industry is taking new safety measures to deal with “unprecedented” flooding on the Mississippi River, working closely with the U.S.

The breakbulk vessel Cielo di San Francisco, preparing to embark on its maiden voyage from Vancouver, is marking a shift in trade patterns at Canada’s largest port.

CSAV is upgrading its weekly New Discovery service between China, Malaysia and South Africa by extending its coverage to include West Africa.

Container traffic at the Port of Montreal grew 4.5 percent in the first quarter year-over-year on strong demand from the U.S. Midwest and Canada, and double-digit growth in Mediterranean trade.

America Chung Nam, the sister company and supplier of wastepaper to China’s largest containerboard manufacturer, was the largest American exporter of containerized goods by volume

Wal-Mart remained the No. 1 importer of containerized ocean cargo in the latest annual ranking of The Journal of Commerce Top 100 U.S.

The APL Singapore flipped a switch on Friday at the Port of Oakland that made it the first ship there to “cold-iron” and use shore-side electric power, extending a major maritime environme

America Chung Nam, the primary supplier to china’s largest containerboard manufacturer, came in as this year’s top exporter on The Journal of Commerce’s Top 100 2010 Exporter list.

Hamburg Sud said Thursday it will raise its bunker adjustment factor on July 1 on the trade between the Pacific Coast and North Europe and the Mediterranean trade.

The Virginia Port Authority board of commissioners approved the lease agreement with the Port of Richmond to take over operations at the James River port and thereby unify all container cargo terminal

Maersk Line is pulling out of Gioia Tauro, dealing a major blow to the troubled southern Italian port’s role as the Mediterranean’s leading ocean container transshipment hub.

Hamburg Sud and Maersk Line plan once again to bring back a second sling to their joint Asia – South Africa/South America East Coast Service, which they cut back to one sling for the 2010-2011 s

CMA CGM is said to be negotiating the sale of a 49 percent stake in its Malta container terminal to Turkey’s Yildirim Group, a minority shareholder in the French ocean carrier.

Zim Integrated Shipping Services announced a sharply lower first quarter operating loss of $24 million against $83 million a year ago, driven by higher freight rates and increased cargo volumes.

Matson Navigation says the trans-Pacific service the carrier began five years ago has proven a successful expansion beyond Matson’s comfortable Jones Act trade and that it will maintain its comm

U.S. domestic maritime carriers must continually remind Congress of the ongoing benefits of the Jones Act protections for the business, Matson Navigation President