Container Shipping News

Mediterranean Shipping Co.

Chilean carrier CSAV is adding the Port of Savannah to the port rotation of its all-water service from Asia to the U.S. East Coast, the Georgia Ports Authority said Monday.

Container throughput handled by Singapore-based port operator PSA International increased 14.4 percent to 65.12 million 20-foot equivalent units at its port projects around the world in 2010.

Some ocean carriers are suspending delivery of hazardous materials at Thailand ports because of a new Thai regulation requiring advance payment of insurance.

Mediterranean Shipping Company announced a general rate increase on the westbound trades from India to Europe and the Mediterranean, starting Feb. 1.

Shanghai overtook Singapore as the world's busiest container port in 2010, helped by continuing growth in Chinese trade and the business generated by the World Expo it hosted last year, the city gover

The best news for many breakbulk and project operators looking toward 2011 is that plenty of new capacity is entering the market.

Containerized ocean carriers enter 2011 riding a wave of upbeat news.

For U.S. importers in the trans-Pacific, getting goods out of Asia in 2011 may amount to a case of you-get-what-you-pay-for.

It’s been almost 11 years since I left the public sector after 21 years at Customs headquarters in Washington as a trade compliance attorney to begin my second career in the private sector.

Amid rampant fears of a “double-dip” a year ago, we predicted — correctly — the U.S. economy would not backslide into recession.

For centuries, seaports throughout the Western Hemisphere have served as economic lifelines, handling the export of goods and services worldwide and delivering prosperity for those living in the regio

By any measure, 2010 was as good a year for container shipping as 2009 was bad. U.S. containerized ocean trade returned with a vengeance, growing in the double digits.

Federal Maritime Commission Chairman Richard A. Lidinsky Jr.

Container throughput at the Port of Le Havre increased 5 percent during 2010 to 2.4 million 20-foot equivalent units, compared to slightly more than 2.2 million TEUs in 2009, when container traffic de

The ports of Los Angeles and Long Beach and APL launched a three-year trial of a seawater scrubber technology that promises significant reductions in harmful emissions from the auxiliary engines of co

The volume of containers moving in and out of the Port of Rotterdam returned to what it termed “normal” levels in 2010.

Memphis-based Dunavant Enterprises acquired majority interest in Trans Gulf Transportation, a Houston company specializing in regional and local intermodal drayage and trucking operations.

China Cosco Holdings said it expects to close its books on 2010 with record net profit driven by global economic recovery and a healthier market for shipping.

A consortium of four carriers plan to start a new weekly service between Northern Europe and the east coast of South America in March.

The volume of containers handled by the port of Singapore increased 9.9 percent in 2010 to 28.4 million 20-foot equivalent units from 25.9 million in 2009, according to preliminary estimates released

Japanese forwarder Yusen Logistics at an extraordinary board meeting on Wednesday promoted Hiromitsu Kuramoto to president and representative director, effective April 1.

After two months in which it increased its bunker surcharges, Mediterranean Shipping Co. will lower the surcharges slightly for imports into the U.S. as of Feb. 1.

The Harbor Trucking Association of Southern California, in a brief filed Wednesday with the U.S.

The Port of Montreal reported a 6.1 percent increase in container traffic for 2010, outpacing growth in dry and liquid bulk cargoes.

The Intermodal Association of North America elected a chairman, vice chair, treasurer and five directors, the board announced Jan. 5.

Eastbound spot rates on the trans-Pacific opened the New Year with a hefty jump as shipping lines put peak season surcharges into effect until the Chinese New Year.

Maersk Line is forecasting an even balance between container vessel capacity and shipping demand this year even as the supply of new vessel capacity is expected to grow 9 percent.

Container throughput at major ports in India for the April-December period surged 11 percent over the same period in fiscal 2009-10, the Indian Ports Association said Wednesday.

Ship owners and operators are betting their future profitability on super-sized container ships and must delay deliveries of additional vessels to avoid overcapacity and plunging rates, a European shi

Trucking company ABF Freight System is broadening its container service from the U.S. to the Dominican Republic as it expands its global portfolio.

Japanese carrier MOL expects improved results from container shipping to push the group's ordinary income "much higher" than the $1.2 billion previously forecast for the current fiscal year.

The supply of container ship capacity will outstrip the growth in demand for vessel space this year and next as more new container ships are delivered in the two-year period, the president of NYK Line

A threatened strike at the Port of New York and New Jersey was averted when negotiators for the International Longshoremen's Association and port maintenance contractors agreed on a two-year contract

The top 20 container lines increased their operated capacity 14 percent over the last 12 months, as the strong recovery in freight volume led carriers to take on new tonnage over 2010, Alphaliner repo

The Port Authority of New York and New Jersey is putting no timetable yet on its plan to raise the level of the Bayonne Bridge and that engineering work on the a ambitious project has not started.

The American Trucking Associations filed its opening brief with the U.S. Court of Appeals for the 9th Circuit, charging that the U.S.

The Port of Seattle's clean-truck program went into effect over the weekend, with all motor carriers required to register their vehicles on the

Hutchison Ports will pay $732 million to buy assets from China Resources at the ports of Hong Kong and Shenzhen, raising the stake the world's largest port operator has at the Southern China gateways.

The Indian Commerce Ministry said Monday it is on track to reach its export target of $200 billion for fiscal 2010-11 ending March 31.