Container Shipping News

When container shipping companies expand services, it’s important to note from where they’re starting as much as where they’re going.

Germany's HSH Nordbank, the world's largest shipping bank, reported its first quarterly operating profit for almost two years and reaffirmed its goal of booking an annual profit in 2011.

Singamas Container Holdings, a manufacturer of dry containers and operator of container depots in China, rode the sudden upswing in demand for containers this year to a turnaround in profit the first

The Port of Rotterdam says its cargo traffic could soar to a low of 575 million metric tons and a high of 740 million metric tons within 20 years from 420 million metric tons at present, driven mainly

Japanese export ship orders increased 21.7 percent in July from a year earlier to 1,157,150 gross tons, according to figures released Thursday by the Japan Ship Exporters' Association.

APM Terminals posted a modest increase in first half operating profit from a year ago as traffic grew at only half the rate of the global market.

Local Indian government and port authorities served a joint notice to Mediterranean Shipping Co.

Freight rates on the trans-Pacific started to soften a bit since the peak season surcharges imposed by some liner companies kicked in as of Aug. 1.

DP World, the global container terminal operator, boosted first half net profit 10 percent from a year ago and said it expects the seasonal increase in trade and the contribution from new terminals to

A.P Moller-Maersk stormed back into the black with a $2.52 billion profit in the first half of 2010 and raised its full-year earnings forecast for the second time in two months on surging ocean contai

Vessel traffic and total tonnage declined at the Panama Canal during the quarter ending June 30, the Panama Canal Authority said Tuesday in a rare report of slowdown in the maritime industry's year of

The Containership Company will add the Port of Ningbo to its trans-Pacific service from China to Los Angeles, effective Sept. 10.

Container volume at the Port of Charleston increased 26 percent in July over the same month last year, giving the port its strongest month since October 2008.

Container volumes at California’s ports increased in July over the same month last year, with imports leading the way.

Union workers at India’s Port of Cochin Tuesday called a 72-hour strike, severely disrupting operations and cargo movements in the country’s southeastern region.

Evergreen Marine, operator of the world's fourth-largest container carrier by capacity, swung to a profit of $129 million in the second quarter ended June 30 from $62.2 million loss a year earlier.

Air freight forwarding grew at nearly triple the rate of ocean forwarding in the first half of 2010, a sign of volatile swings in capacity following last year’s contraction in shipping volume, a

Duisburg, the world’s largest inland port, boosted first-half container traffic by 29 percent from a year ago, almost double the growth at Europe’s top box hubs Rotterdam and Antwerp.

Hamburg’s container traffic edged up 4.3 percent in the first half of 2010 from a year ago, as Europe’s No.

HHLA, Hamburg’s biggest stevedore, raised its growth forecast for the year, saying it now expects container traffic to expand more than 10 percent in 2010 and operating margins will be 15 percen

Neptune Orient Lines said it finalized an order on Monday to build two new container ships with capacities of 10,700 20-foot-equivalent units that will be delivered in 2012.

CMA CGM took delivery on Monday morning in South Korea of the CMA CGM Corte Real, a very large container ship with a capacity of 13,830 20-foot equivalent units that is the third in a series of eight

Rickmers Maritime Trust, the Singapore-based container ship owner, reported on Monday second-quarter profit plunged 88 percent to $610,000 from $5.22 million in the same period of 2009 as one-time res

Container volume at APL grew 18 percent in the four weeks ending July 23 from the same period last year as rising rates pushed revenue per 40-foot container up 39 percent, the shipping subsidiary

Was it Christmas in July? Forecasters say this year’s double-digit growth in U.S.

The Brussels-based organization that lobbied the European Union on behalf of liner shipping companies ceased those efforts last month but is staying open as a trade association.

While most of the country wilts under stifling heat, U.S. exporters shipping to Asia are enjoying a rather pleasant summer.

APL can’t get vessels back into the water fast enough.

Orient Overseas Container Line and Hanjin Shipping returned to profitability in the second quarter and say they’re cautiously optimistic the good times will continue.

After roaring out of the gate at the beginning of the year with container ships sailing full in both directions and rates more than doubling over the last year, demand in the trans-Atlantic trades is

Manufacturing, wholesale and retail inventories rose in June, reinforcing claims that the wave of goods restocking benefiting t

The Port of Portland closed on a 25-year lease of its container and breakbulk facilities at Terminal 6 to ICTSI Oregon, a subsidiary of International Container Terminal Services Inc.

GPA Study Shows Diesel Additives Cut Fuel Use, Emissions

Retail and food services sales increased 0.4 percent from June to July, according to a report Friday morning from the U.S. Census Bureau.

Hapag-Lloyd on Friday said it stopped accepting hazardous cargo bookings to and from India's Port of Mumbai, effective immediately.

India's two biggest ports, the Jawaharlal Nehru Port and Mumbai Port, conducted limited operations on Friday.

Surging international cargoes were the biggest driver in the second quarter for rail hauls of intermodal containers and trailers, said the Intermodal Association of North America.

OOCL is buying slots on a new weekly service between Antwerp and New York that Hapag-Lloyd will start in September.

Chile's CSAV posted $69 million in second quarter profit and said it finished the first half of the year with a $36.8 million net profit, compared with a $402 million loss in the first fix months of 2

The volume of containers handled by the Port of Rotterdam increased by 17.7 percent in the first six months of the year, the Rotterdam Port Authority reported Thursday.