Container Shipping News

Marine terminal operators keep close tabs on dockside crane productivity because it is the most critical factor in their profitability, a terminal executive told the Journal of Commerce’s

Panalpina boosted 2010 net revenue 20 percent from the previous year to $7.7 billion, driven by double digit growth in ocean container and air freight traffic.

Ship lines, truckers, leasing companies and other interests are still trying to decide how to fill the void left by ocean carriers that are ending their practice of providing U.S.

Several shippers that have diversified their U.S.

Suspected Somali pirates tried to seize the Maersk Alabama again on Tuesday in the third attempt to hijack it in three years.

The Government Accountability Office is raising concerns about the security of goods with civilian and military applications through "deemed exports" to foreign nationals.

Long Beach, Calif. – The head of the longshore labor union in Portland, Ore., said Tuesday he will work in “partnership” with a new terminal operator to improve productivity at the Port of Portland.

Cargo volume at major ports in India grew a mere 1.2 percent from April through February compared with a year earlier, according to preliminary traffic figures released by the Indian Ports Association

Global Ship Lease, the NYSE-listed container shipowner, slumped to a net loss of $4 million in 2010 from a $42.2 million profit in 2009 as revenue grew 7 percent to a record $158.8 million.

Maersk Line is extending its program to cut sulfur emissions on its services to New Zealand.

Hapag-Lloyd and Regional Container Lines plan to launch a new weekly joint service from China and South Korea to Sri Lanka, India and Pakistan, starting at the beginning of April.

Ocean carriers face a shortage of containers in the coming months as production of boxes lags growing cargo capacity, according to Alphaliner.

Container shipping lines and shippers would benefit if carriers could share information in ways barred by the European Union, the chairman of Orient Overseas Container Line's parent company told the J

Shipping lines that carry U.S. exports to Asia face the paradox of declining freight rates even as cargo volume remains quite strong.

LONG BEACH, Calif.--The supply of vessel capacity and demand for space on the trans-Pacific will be so close this year it could tip in either direction, toward oversupply and lower freight rates or ti

Forth Ports received a conditional takeover offer from its largest shareholder that values the UK's only listed port operator at $1.2 billion.

OOCL is planning to place an order "soon" for a number of big new container ships that will probably be in the ranges of ships capable of carrying 13,000 20-foot equivalent units.

State-owned Shipping Corporation of India plans to acquire 110 vessels at a total estimated cost of $6 billion over the next 10 years, Indian Shipping Minister G.K. Vasan said Monday in New Delhi.

The National Retail Federation is projecting an 11 percent increase in March for containerized shipments over March 2010.

Container volume at Neptune Orient Lines, parent of APL, declined 18.5 percent in the first six weeks of 2011 compared to the last period of 2010 but the ocean carrier saw average revenue per box grow

International Container Terminal Services won a 30-year concession to manage, operate and develop a container terminal in Rijeka, Croatia's biggest port.

The trans-Pacific container shipping market showed the strongest growth among major trade lanes during a year of recovery in 2010, a major reason overall U.S.

With container supply and demand out of whack, trans-Pacific shippers may face spot shortages of boxes during this year’s peak season for U.S. imports.

Growing carrier competition will pressure container freight rates between the U.S.

Carriers and shippers face myriad challenges in Africa, including port congestion, infrastructure and bureaucracy, but privatization and public-private partnerships have improved the working of many p

A guilty plea to a felony antitrust charge. A $45 million criminal fine. A management shakeup including the CEO’s retirement. To put it mildly, Feb.

Canada’s two Pacific Coast ports have an aggressive growth strategy focused on two markets, but neither of those markets happen to be in Canada.

During his first speech as the new chairman of the Federal Maritime Commission, Richard A. Lidinsky Jr. says he noticed a member of the audience who kept looking through the printed program.

Amid the many troubling reports for Australian exporters during the heavy storms that caused devastating flooding, three dozen deaths in three months and paralyzed the nation’s coal industry was

Mediterranean Shipping Co. notified its customers that it is increasing freight rates on eastbound trans-Atlantic cargo as of April 1.

APM Terminals is converting more than 400 diesel driven rubber-tired gantry cranes across its global network of container terminals and inland depots to combined diesel-electric power to cut costs and

Anyone expecting slow-steaming to fade away this year hasn’t been following developments in the Middle East.

Prevailing forecasts of vessel overcapacity this year are wrong, says the chairman and CEO of Neptune Orient Lines, which owns APL.

The Port of Felixstowe met requirements for two certificates of quality in its policies and procedures.

Total container volume moving through the Port of New York and New Jersey climbed 16 percent in 2010, reaching 5,292,020 loaded and empty 20-foot equivalent units, compared to 4,561,527 TEUs in 2009,

TUI, the German tour operator that owns almost half of Hapag-Lloyd, sold part of its stake to the container line's other shareholder and said it may sell up to 30 percent through an initial public off

NYK Line (North America) named William F. Payne as its new president on Thursday.

Angolan authorities released a U.S.-flag vessel operated by Maersk Line Limited. The government had detained the ship Wednesday to investigate containers containing ammunition.

Horizon Lines reported a fourth quarter net loss from continuing operations of $46.4 million, including a $30 million charge covering part of a $45 million

Beluga Shipping will undertake a "comprehensive" financial restructuring, the Germany heavy-lift and project cargo carrier announced March 3.