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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
Beluga Files for Bankruptcy
Helen Hill |
-- This story originally appeared on the Web site of JOC's sister publication Breakbulk.com.
Maritime
Forwarding
Japanese Battery Makers Close Plants
Peter T. Leach |
The world supply of lithium-ion batteries for chips and power-supply capacitors may be the worst-hit technology industries following last week's e
Maritime
Forwarding
Japan Supply Disruptions Will Hit China
Joseph Bonney |
Supply chain disruptions from Japan's earthquake could force Chinese firms to delay imports of key components, especially for digital prod
Transport, Trade and Regulation News
Forwarding
Drewry Trans-Pacific Spot Rate Falls
Peter T. Leach |
Trans-Pacific spot rates fell 4.9 percent in the week ended March 14, dropping to $1,693 per 40-foot equivalent unit of containers from $1,781 a week earlier, according to the Drewry Hong Kong-to- Los
Maritime
Forwarding
Japan's Shipyards Remain Intact After Quake
Hisane Masaki |
Japan's major shipyards escaped the full impact of the March 11 earthquake and tsunami that struck the northeastern coast of the country w
Maritime
Forwarding
New Vietnam Terminal Opens
Peter T. Leach |
Three Asian container lines formally opened a container terminal Wednesday in Cai Mep, the port that serves Vietnam’s industrial heartland.
Maritime
Container lines
Transport Operators Mobilize Japan Relief
JOC Staff |
Japan's Mitsui OSK Lines and Taiwan's EVA Air began bringing rescue workers into areas of Japan devastated by the earthquake and tsunami a
Maritime
Air Cargo Carriers News
Container lines
Forwarding
Larkin Rejoins Crowley Maritime
Joseph Bonney |
Frank Larkin rejoined Crowley Maritime as vice president of sales and customer care for the company's liner services and logistics groups.
Maritime
Container lines
Forwarding
Hutchison IPO to Raise $5.5 Billion
Joseph Bonney |
Hutchison Port Holdings, the world's largest port operator, said it priced an initial public offering for its South China region's port operations at a value of $5.5 billion.
Maritime
Forwarding
FMC Reaches Compromises in Shipping Act Cases
R. G. Edmonson |
The Federal Maritime Commission announced Tuesday that it had reached compromise agreements with four non-vessel-operating common carriers after investigations of alleged violations of the Shipping Ac
Maritime
Forwarding
Israeli Commandos Seize CMA CGM Ship in Arms Probe
Bruce Barnard |
Israeli commandos March 15 boarded a CMA CGM chartered container ship bound for Egypt allegedly carrying weapons for militant groups in the Gaza Strip.
Maritime
Container lines
Forwarding
LA-Long Beach Container Volume Edges Up
Bill Mongelluzzo |
Container volume at the ports of Los Angeles and Long Beach increased modestly in February compared to last year, with the Chinese New Year celebration taking a toll on imports from Asia.
Maritime
Forwarding
North American ports
Ship Lines Suspend Service at Three Japanese Ports
Peter T. Leach |
Shipping lines suspended service to three Japanese ports that were hit by Friday's tsunami but continue to serve six other ports where rol
Maritime
Container lines
Forwarding
India Container Traffic Grows 11 Percent
JOC Staff |
The volume of containers handled by major ports in India grew 11 percent year-over-year in the April-February period, the Indian Ports Association said in a statement.
Maritime
Forwarding
Wallenius Wilhelmsen Opens Galveston Processing Center
Joseph Bonney |
Wallenius Wilhelmsen Logistics opened a processing center at the Port of Galveston, Texas, for storage and processing of heavy construction, agricultural and mining equipment.
Maritime
Forwarding
Quake Hits Japanese Auto Industry Hard
Joseph Bonney |
The earthquake and tsunami that killed thousands of people in Japan also disrupted the nation’s automobile industry and will affect supply chains worldwide, IHS Automotive said.
Maritime
Forwarding
Seaspan Orders Ships, Joins $5 Billion Venture
Joseph Bonney |
UPDATED 4:34 PM GMT
Maritime
Container lines
Forwarding
Logistics Aid Network Watches for Japan Needs
JOC Staff |
Members of the ALAN logistics aid network are on alert to provide relief services to the region of Japan devastated by the earthquake and tsunami as the country's needs become clearer in coming days.
Maritime
Forwarding
CSX Hikes Export Coal Rates
John D. Boyd |
CSX Transportation set new export coal rates as of April 1 that are higher than expected, said an industry research firm, in a short-term tariff that could permit more rate hikes in the third quarter.
Rail News
Forwarding
North-American rail
OOCL Swings to $841.6 Million Profit
Joseph Bonney |
Orient Overseas Container Line reported a profit of $841.6 million last year, after a loss of $376.9 million in 2009 and said it expects supply and demand to be near balance this year.
Maritime
Container lines
Forwarding
Japan's Ports, Airports Operating, Some Ships Damaged
Hisane Masaki |
Japanese ports and airports suffered minor damage in the devastating earthquake and tsunami that hit the northeastern par
Maritime
Container lines
Forwarding
Lessons in Safety
R.G. Edmonson |
The Consumer Product Safety Commission is trying to put a friendlier face on its new regulatory powers.
Transport, Trade and Regulation News
Forwarding
Shipping’s Master Builder
Peter T. Leach |
Alberto Aleman Zubieta had no illusions about what he was facing when he presided over the Panama Canal’s transition from U.S. jurisdiction to Panamanian control at the end of 1999.
Maritime
Forwarding
Spinning Their Wheels
Joseph Bonney |
It took years for ocean carriers to follow through on their desire to get out of the chassis business. Now it may take the rest of the industry years to find a new model that works.
Maritime
Trucking News
Container lines
The Quest for Predictability
Paul Page |
Sitting on the sidelines at The Journal of Commerce’s Trans-Pacific Maritime Conference, two shippers said their solution to the troubling questions over services and rates sounded simple but wa
Maritime
Container lines
Forwarding
Deadly Japan Tsunami Triggers Pacific Warnings
JOC Staff |
The massive earthquake that struck Japan on Friday closed all ports and airports there, and coastal regions across the entire Pacific Ocean were blanketed with tsunami warnings and bracing for the imp
Maritime
Forwarding
Quake Damage Could Affect US-Japan Grain Trade
John D. Boyd |
The U.S.
Maritime
Forwarding
West Coast Ports Operating Smoothly
Bill Mongelluzzo |
UPDATED MARCH 11 AT 4:55 P.M. EST
Maritime
Forwarding
North American ports
Horizon Gets Lender Agreement, at a Price
Joseph Bonney |
Horizon Lines said its lenders agreed to cancel a default triggered by the company's guilty plea to price-fixing in the Puerto Rico trade and to relax loan covenants.
Maritime
Container lines
Forwarding
OOCL, Yang Ming Expand China-Pakistan Services
Peter T. Leach |
OOCL and Yang Ming plan to expand the port coverage of their joint China-Pakistan Express service and launch a new service on the trade lane.
Maritime
Container lines
Forwarding
MSC Restructures Two Asia-Europe Loops
Peter T. Leach |
Mediterranean Shipping Co.
Maritime
Container lines
Forwarding
Expanded Panama Canal to Face Tough Competition
Bill Mongelluzzo |
Container volumes moving through the Panama Canal will certainly increase when the canal is enlarged in 2014, but that does not necessarily mean West Coast ports will lose market share simply because
Maritime
Forwarding
North-American rail
DOJ Allows $45 Million Fine as All Horizon Could Pay
Joseph Bonney |
The Justice Department said it allowed Horizon Lines to pay a back-loaded $45 million fine for price fixing in the Puerto Rico trade because a stiffer penalty would have threatened the carrier's viabi
Maritime
Container lines
Forwarding
Grand Alliance to Restructure Trans-Pacific Services
Peter T. Leach |
The three carrier members of the Grand Alliance plan to overhaul their trans-Pacific services to the U.S. West Coast in advance of the peak season.
Maritime
Container lines
Forwarding
Rotterdam Boosts Russia Container Traffic 40 Percent
Bruce Barnard |
The port of Rotterdam said container traffic with Russia surged 40 percent in 2010 from the previous year, sharply narrowing the gap with Hamburg, the market leader in Baltic feeder traffic.
Maritime
Forwarding
Clarksons Profit Grows 44 Percent
Bruce Barnard |
Clarksons, the world's largest ship broker, reported 2010 profit grew 44 percent from a year ago as shipping markets benefited from a "slow but emerging recovery" in global trade.
Maritime
Forwarding
MSC Boosts Mediterranean-US Rates
Peter T. Leach |
Mediterranean Shipping Co. plans to raise freight rates for cargo moving westbound from Italy, Spain, Portugal, the south of France and Israel to the U.S. as of April 1.
Maritime
Container lines
Forwarding
Obama Names Locke Ambassador to China
John D. Boyd |
President Obama named Commerce Secretary Gary Locke to be the next U.S.
Transport, Trade and Regulation News
Forwarding
Growth Rates Stall at Hong Kong Port
Mike Grinter |
Hong Kong Port container volume grew 5.7 percent in January, a much slower growth rate than the average for 2010, indicating the massive recovery is gradually running out of steam.
Maritime
Forwarding
Three Carriers Start Japan-Indonesia Loop
Peter T. Leach |
Hanjin Shipping, CNC Line and KMTC Line are teaming up to launch an intra-Asia service connecting Japan and Indonesia later this month.
Maritime
Container lines
Forwarding
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