Container Shipping News

Safmarine will add a direct container service between the Far East and West Africa via South Africa on Aug. 12. The FEW3 service will be operated jointly with parent company Maersk Line.

Caribbean carrier Tropical Shipping’s second-quarter operating income rose to $4.2 million from $2.5 million a year earlier as volume and rates increased, parent company Nicor said.

Spot prices for trans-Pacific ocean container shipping jumped 8.2 percent in the week ending Aug.

Terminal operators in Los Angeles-Long Beach are extending gate hours and some will initiate appointment systems to keep the ports fluid during the peak shipping season.

The first of seven roll-on, roll-off vessels scheduled to call at the Port of Philadelphia this month arrived late Monday to deliver Hyundai and Kia vehicles from South Korea.

Maersk Line denied Tuesday that it was in talks with shipyards to order 10 giant container ships, but said it was only monitoring the capacity situation at yards.

Maersk Line Ltd., the U.S.-flag carrier of Denmark’s Maersk Line, said it paid a $3.1 million fine to the U.S.

Danmar Lines, DHL Global Forwarding's in-house carrier, launched two direct less-than-container-load services from Shenzhen, China, to Europe.

Office clerical workers at the ports of Los Angeles and Long Beach pursued contract negotiations into their second month with local issues still dominating the talks.

The Panama Canal Authority and the Mississippi State Port Authority at Gulfport signed a memorandum of understanding Monday aimed at increasing all-water trade between Asia and the U.S.

Container volume at West Coast ports increased 15 percent in the first six months of 2010 compared to the same period in 2009, according to the Pacific Maritime Ass

U.S. manufacturing growth slowed for the third straight month in July as the sector's year-long recovery showed new signs of weakness, the Institute for Supply Management reported.

Expansion of Chinese manufacturing activity slowed in July, according to an independent survey and a Chinese government report.

Container throughput at the Port of Savannah increased 34 percent in June to 240,734 20-foot equivalent container units, compared with 179,451 TEUs the previous June.

Unionized truckers in India delayed for 10 days a nationwide strike planned for Aug. 6, temporarily averting disruptions in the country’s road transport sector.

Seacastle Chassis, the largest lessor of marine and domestic chassis, is changing its name TRAC Intermodal.

The Senate isn’t giving up on scanning all maritime containers arriving in the U.S., but lawmakers appear willing to ease the law to make it more palatable to opponents at home and abroad.

When the Obama administration completed the paperwork to release $100 million in a stimulus grant to help untangle Chicago’s time-wasting web of railroad tracks and city streets, it tied the spe

Swift Transportation pulls up to Wall Street a different company than the one that left the stock exchange in 2007. Swift isn’t just smaller, it’s more intermodal.

More than halfway into a year that’s been a seller’s market for freight transportation of all kinds, the surge in ocean container rates may be losing steam.

Net profit for the state-owned Shipping Corporation of India surged 60 percent from a year earlier to $41 million in the first quarter of fiscal 2010-11 ending June 30.

Container volume at the Port of Vancouver, B.C., increased 12 percent in the first six months of 2010 as demand for consumer goods rebounded from last year’s recession.

Southern California’s ports recognized a trucking company, a scrap recycler, a marine terminal operator, a tugboat company and a port pilot service this week for taking extraordinary steps to re

The prospects of renewed southbound services, direct links with Asia and new intermodal connections excite the U.S. Gulf’s major container ports.

The last steam-powered vessel in Rand Logistics’ Great Lakes fleet will be converted to diesel power next year, the bulk freight shipping company said.

Higher rates and a surge in volume from China produced a 75 percent increase in Matson Navigation second-quarter operating profit,

Finnlines, the Finnish short sea shipping line, reported sharply higher second-quarter earnings and revenue, driven by a recovery in North Sea and Baltic roll on-roll off traffic.

French ocean carrier CMA CGM is reported to be negotiating the sale of a 30 percent stake to a billionaire Belgian financier and a French government investment fund for $650 million.

Matson Navigation will add a second string of vessels to its China-Long Beach service, bringing new capacity to resurgent trans-Pacific trade lanes.

Maersk Line advised its customers that it will impose a surcharge on heavy-weight cargo in 20-foot containers bound from Europe, the Middle East and India to Australia and all destinations in the Pac

Rep. Jerrold Nadler, D-N.Y., on Thursday introduced a bill that would enhance the ability of ports to enact clean-air programs, while opening the door to unionization of harbor truck drivers.

Direct ChassisLink, the company set up by Maersk Line to manage its chassis fleet and charge truckers a daily fee for their use, will expand its chassis program to the Southeast and Gulf inland region

Japanese carriers NYK, MOL and "K" Line reported profits in their April-June quarter as rising volumes and rates pushed their container operations into the black.

Norway’s Green Reefers said it will join the recently established Hamburg Reefer Pool on Aug. 1.

The government-affiliated Japan Bank for International Cooperation said on Thursday that it has signed a loan agreement worth about $47.4 million to support the export of a Japanese vessel to a Singap

Maersk Line will seek a general freight rate increase on cargo moving on its services from the Indian subcontinent and the Middle East to South America West Coast and Central America (excluding Cuba).

First-half container throughput at the Port of Marseilles Fos rose 17 percent from the same period last year in both tonnage terms and container units.

U.S. steel imports declined by 13.6 percent in June compared with May but were up by nearly 130 percent from a year earlier, government figures show.

Commerce Secretary Gary Locke used a July 28 visit to the UPS Global Operations Center in Louisville, Ky., to woo U.S.

World trade by sea, land and air will grow by 8.1 percent in 2010 after declining by 7.2 percent last year, according to a forecast published by IHS Global Insight.