Container Shipping News

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The Coast Guard proposes establishing a permanent safety zone for the entire 77 miles of the Chicago and Sanitary Ship Canal and related waterways.

Zim Integrated Shipping Services announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, the second GRI in one-and-a-half months and the third this year.

United Arab Shipping Company signed a $140 million loan facility with Gulf Bank, Kuwait, the latest financing to support the expansion of its container fleet and route network.

Japan's exports plunged 19.4 percent between April 1 and 10 from the same 10-day period last year to $18.22 billion, according to preliminary figures released by the Finance Ministry on Wednesday.

Yusen Logistics (Americas) hired Doug Granger as director of capacity procurement and intermodal equipment management.

The Port of Long Beach Tuesday welcomed the newest trans-Pacific container line, Grand China Logistics, which is entering the increasingly competitive trade lane between China and the U.S.

The Japanese earthquake and tsunami will have only a small impact on European imports over the next year according to the Global Port Trac

INTTRA, an electronic booking portal for the ocean freight industry, formed a new advisory board with its customers to set standards for electronic payments.

Container traffic in Rotterdam grew 10 percent in the first quarter of 2011 from a year ago, driven mainly by strong growth in trade with Asia and a recovery in intra-European shipments.

Container ship owner-lessor Seaspan took delivery of the 8,500-TEU Cosco Vietnam from South Korea’s Hyundai Heavy Industries.

APM Terminals is considering investing in a new Baltic Sea port in the Kaliningrad region of Russia, according to Russian government press material.

The hard-fought reform of French ports takes effect next week amid optimism the nation’s container hubs can win back traffic lost to foreign rivals during years of industrial unrest.

Emirates Shipping Line will join Hyundai Merchant Marine and STX Pan Ocean in the NIS intra-Asia service, which links Korea, China, Vietnam, Singapore and Indonesia.

Record deliveries of container ships in the next few months likely will add further down pressure on ocean freight rates and reverse the rally in vessel charter rates, according to Alphaliner.

Sea Star Line and Crowley Maritime will proceed with their parts of a settlement in which they and Horizon Lines agreed to pay shippers a total of $52.25 million to settle allegations of price-fixing

TBB Global Logistics said it will offer container freight swap agreements through an agreement with ICAP Logistics, a broker for the freight-futures contracts.

A federal judge in Atlanta on April 15 issued a preliminary injunction to curtail operations by Savannah-based freight forwarder Indigo Logistics.

The world’s largest roll-on, roll-off vessel, the Tonsberg, called at Georgia’s Port of Brunswick Monday with a load of heavy-lift project cargo.

Milwaukee-based shipper Johnson Controls said it expects to take a $500 million hit on revenue during its April-June quarter from automotive manufacturing disruptions in Japan and at Japanese original

United Arab Shipping Company announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, the second GRI this year.

Ron Widdows, a prominent leader of the global container industry, will retire as group president and chief executive officer of Neptune Orient Lines, NOL Group announced Monday.

A five-day-old trucker strike at the Port of Shanghai eased significantly over the weekend following intervention by the mayor and a series of concessions offered to drivers, including a rollback of f

Labor activists in Northern California will hold a rally Monday in front of the Pacific Maritime Association headquarters in San Francisco to protest a court action earlier this month that was initiat

Japan will conduct radiation checks on ships and containers leaving three main international ports in and near Tokyo beginning April 28, the Ministry of Land, Infrastructure, Transport and Tourism ann

The container volume handled by the Port of Charleston increased 5.7 percent in March from a year earlier even though volume growth slowed from the 7 percent pace recorded in February.

The Port of Rotterdam Authority detected no radiation above prescribed standards on five vessels that left Japan after March 14

Chinese truck drivers are striking this week in Shanghai due to rising fuel costs and increased fees charged by private warehouse operators.

TUI, co-owner of Hapag-Lloyd, asked Chinese group HNA and Oman's Onyx Investments to make binding bids for a stake in the shipping group by late May, three people close to the process told Reuters.

Eurogate, Europe's largest container terminal operator, increased 2010 net income 28.9 percent from a year ago to $89.3 million, as revenue grew just 1.4 percent to $870 million.

A South Korean naval ship Thursday rescued a Hanjin Shipping container ship that had been attacked by pirates in the Indian Ocean.

Canada's West Coast port of Prince Rupert will add two new weekly trans-Pacific services in May, one by China Ocean Shipping Co. and the other by Hanjin Shipping.

Spot freight rates on the trans-Pacific broke a 16-week downturn this week, as the Drewry benchmark for shipping a 40-foot equivalent container from Hong Kong to Los Angeles increased 6 percent from t

The volume of containers handled by the Port of Savannah increased 4.5 percent in March from the same month last year, at the same time as the number of roll-on, roll-off units passing through the Por

The March 11 earthquake and tsunami that hit northeastern Japan disrupted trade as much as they ravaged the countryside.

U.S. Trade Representative Ron Kirk said the free-trade agreement between the U.S. and Panama is ready to be considered by Congress after Panama took actions sought by the Obama administration.

All marine terminals in the Port of New York and New Jersey will be closed Friday, April 22 because of the Good Friday holiday observed by the International Longshoremen's Association, said the

Evergreen Line, Wan Hai Line and Interasia Lines will launch a new weekly Taiwan-Madras Trunk service starting April 29 from the port of Taichung in Taiwan.

India’s exports reached an all-time high in fiscal 2010-11 ending March 31, surging about 37.5 percent year-over-year, the Commerce Ministry said Tuesday.

Horizon Lines, trying to rebuild after taking a major hit to its finances and management, named William A. Hamlin to the position of senior vice president of operations.