Container Shipping News

A Cranford, N.J., seller of gasification equipment and technology is tapping a federally guaranteed export finance loan to complete a deal with a metals recycler in Ankara, Turkey.

Orient Overseas Container Line will increase its freight rates on shipments from Asia to New Zealand by $250 per TEU, effective Aug. 15.

Office clerical workers and waterfront employers at the ports of Los Angeles and Long Beach said they would resume contract negotiations Wednesday.

Two exporters filed a complaint with the Federal Maritime Commission alleging unfair treatment by Hapag-Lloyd America and two non-vessel-operating common carriers.

Shipping executives say Congress should provide American maritime companies more financial support to improve the state of the U.S.-flag fleet.

Horizon Lines said Wednesday it will use Elizabeth, N.J., rather than Philadelphia, Pa., as its northeastern port for weekly sailings to San Juan, Puerto Rico.

Neptune Orient Lines said on Wednesday it placed an order for 10 new container ships with capacities of 8,400 20-foot-equivalent units.

Container vessels rode at anchor in the St. Lawrence River Wednesday as the Port of Montreal remained shut down for the third consecutive day and shippers expressed anxiety about growing costs.

Multipurpose heavy-lift carrier Chipolbrok launched a monthly liner service from Europe to the United States. Regular Europe load ports will be Antwerp or Rotterdam and regular U.S.

Toy maker Hasbro, trying to get in front of container shipping capacity shortages, is suggesting retailers should take products early this fall to avoid problems getting goods to consumer markets.

The Maritime Employers Association promised Tuesday to respond to a union settlement proposal on Thursday after locking out about 850 longshoremen at the Port of Montreal this week, causing the port t

Operations at most of China’s Port of Dalian resumed Tuesday as authorities worked to clean up an oil spill from a pipeline explosion that forced the port to shut down for several days.

Officials in Guam are investigating whether any of the thousands of spiders that poured out of a cargo ship at the port got onto land or posed a danger to the island’s environment and native spe

Europe's top port Rotterdam is getting congested as surging container imports from China overwhelm deep-sea terminals and interrupt feeder services to smaller regional ports.

Net profit for state-owned Container Corporation of India fell 3.5 percent from a year earlier to $41.2 million in the first quarter of fiscal 2010-11 ending June 30.

Neptune Orient Lines, parent of APL, the world’s fourth-largest container line, entered an agreement with Oversea-Chinese Banking and ING Bank for a term loan of $150 million.

Deliveries of new container ships will hit a record monthly high of 200,000 20-foot equivalent units in July, extending a year long influx of capacity that may stall the recent rise in ocean freight r

After falling for 15 months in a row, Japanese export ship orders rose for the seventh consecutive month in June on a year-on-year basis, surging 149.6 percent to 1,590,210 gross tons, according to fi

Contract negotiations between office clerical workers and waterfront employers in Los Angeles-Long Beach will resume on Wednesday, with representatives on both sides reporting that some progress was m

Maersk Line said it will apply a congestion surcharge on all import containers handled at India’s Port of Nhava Sheva (Jawaharlal Nehru), the country’s largest container gateway.

Hanjin Shipping plans to use its new container terminal at the southern Spanish port of Algeciras as a "beachhead" to challenge dominant European rivals on the West Africa and South America

Employers at the Port of Montreal locked out the 850 members of the longshore union Monday morning, bringing cargo handling at terminals to a standstill.

Container volume at APL grew 29 percent in the shipping line’s June reporting period over the same period a year ago, and yield advanced 32 percent as demand out of Asia picked up steam heading

Mediterranean Shipping Co. will impose a peak season surcharge on all shipments from the Far East to the U.S. East and West Coasts effective Aug.

The largest ships capable of transiting the Panama Canal are poised to achieve something container shipping hasn’t seen in years: balanced vessel supply and demand.

Ocean carriers are worried they may become collateral damage as Congress seeks revenge against British Petroleum.

Life is becoming sweeter for container ship lines in general and Mediterranean Shipping Co. in particular.

If you’re an industrial property owner near a major airport or seaport, get ready: That strong demand you’re seeing is about to get stronger.

Maher Terminals is cloning its Prince Rupert terminal, apparently reasoning that what works on the west coast can work on the east coast.

The threat of a strike loomed over the weekend at the Port of Montreal as the longshoremen’s union and employers held meetings separately Friday to discuss renewal of a labor contract for the un

The Port Newark Container Terminal, which has been experiencing severe truck congestion, will have special gate hours this Saturday, July 17.

The U.S. Department of Agriculture is acting as a go-between with carriers and shippers to see if they can find a solution to container shortages for exported products.

The chief financial officer of CMA CGM Jean Yves Schapiro will leave the company at the end of August, the French ocean container carrier said July 16.

Cargo at the Port of Montreal grew sharply this year in two chief areas that bespeak improving markets — containerized cargo to and from Central Canada and the U.S.

Container volume handled by the Port of Antwerp rose year-over-year by16.2 percent in the first six months of 2010 to 4.2 million 20-foot equivalent container units.

The container ship charter market is set for a summer-long rally as ocean carriers, struggling to boost capacity amid surging demand, compete for a shrinking supply of vessels for hire.

Evergreen Line and NYK Line joined a growing list of carriers that are stopping providing chassis for import and export cargo in the United States.

Office workers and waterfront employers on Thursday resumed negotiations for a new contract at terminals in Los Angeles-Long Beach, slogging through the tedious process of closing out relatively minor

Traffic at China’s top ten container ports fell in June from the previous month amid doubts over the sustainability of the nation's export surge, according to a leading container shipping analys

Hapag-Lloyd will apply a general rate increase on all cargo moving on its services from the Indian subcontinent and the Middle East to South America East Coast.