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container shipping news
Container Shipping News
Container shipping news and analysis of ocean container shipping, logistics, supply chains, technology and end-to-end connectivity.
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Container lines
Forwarding
Trans-Pacific
Trans-Atlantic
Asia-Europe
The latest Container Shipping News & Analysis
CMA CGM’s Eco-friendly Container Ship Calls LA
Bill Mongelluzzo |
The 8,500-TEU Figaro that arrived in Los Angeles this week on its maiden voyage is not only the largest CMA CGM container ship to call at a U.S.
Maritime
Container lines
Forwarding
Retailers Foresee Strong Imports from Asia
Bill Mongelluzzo |
Cargo projections by retailers indicate that U.S.
Maritime
Container lines
Forwarding
Thomas Stevenson, Steamship And Brokerage Executive, Dies
JOC Staff |
Services were held Wednesday in Westbury, N.Y., for Thomas J. Stevenson Jr., who died June 24 at Lehigh Valley Hospice in Allentown, Pa. He was 88.
Maritime
Forwarding
Textainer Boosts Financing Capacity
Joseph Bonney |
Container lessor Textainer Group increased its access to capital to nearly $1 billion, providing the company with more money to invest in equipment at a time when ship lines and cargo interests are st
Maritime
Forwarding
CMA CGM Nears $1 Billion Deal With Qatari
Bruce Barnard |
CMA CGM may be close to finalizing an agreement that would inject $1 billion to lighten the French ocean container carrier's $5.3 billion debt burden, according to French press reports.
Maritime
Container lines
Forwarding
CMA CGM Changes Partners, Upgrades Victory Bridge
Peter T. Leach |
CMA CGM is switching partners and upgrading the vessel size on its Victory Bridge service linking North Europe to the U.S. South Atlantic, Mexico and the U.S. Gulf.
Maritime
Container lines
Forwarding
INTTRA Partners With C-Team Systems
Peter T. Leach |
INTTRA is integrating its e-commerce platform for the ocean freight industry with C-Team Systems software, which standardizes operations for companies that facilitate international freight transportat
Maritime
Forwarding
Spanish Group to Build Indian Container Terminal
JOC Staff |
A consortium led by Grup Maritim of Spain won a contract to build and operate India’s new container terminal at the southeastern Port of Ennore, near Chennai.
Maritime
Forwarding
New CSAV All-Water Loop Calls Port Everglades
Peter T. Leach |
CSAV’s new weekly Far East service, America Express, made its first call at Port Everglades Tuesday.
Maritime
Container lines
Forwarding
Active Box Ship Capacity Jumps 15.3 Percent
Bruce Barnard |
Active container ship capacity increased by 15.3 percent from the beginning of the year as ocean carriers are launching extra services in response to a larger-than-expected surge in global box traffic
Maritime
Container lines
Forwarding
Palestinians Picket Zim Ship in Oakland
Bill Mongelluzzo |
A Palestinian group that has called for boycotts against Israeli vessels at various ports around the world signaled its intention to picket ships at U.S. ports as well.
Maritime
Container lines
Forwarding
Ocean Charter Rates Soar on Tight Capacity
Bruce Barnard |
Container ship charter rates are soaring as ocean carriers compete for a dwindling supply of vessels at the start of the peak shipping season.
Maritime
Container lines
Forwarding
Georgia Ports’ Container Volume Jumps Again
Peter T. Leach |
Container volume at the ports owned by the Georgia Ports Authority jumped by 25.3 percent in May, making it six months in a row of double-digit increases.
Maritime
Forwarding
North American ports
APL Promotes Two Liner Executives
Peter T. Leach |
APL is moving two senior executives in its European operations into new positions to strengthen global trade lane management and build momentum in the European market, the company said Monday.
Maritime
Container lines
Forwarding
NOL to Issue Notes to Raise $1.5 Billion
Joseph Bonney |
Neptune Orient Lines, parent of APL, established a program to issue up to $1.5 billion in medium-term notes that the company said will be used for general corporate purposes.
Maritime
Container lines
Forwarding
California Republicans Offer Gloomy Port Forecast
Bill Mongelluzzo |
A June 16 briefing report by the California Senate Republican Caucus in Sacramento is the latest to slam the ports of Los Angeles, Long Beach and Oakland for declining competitiveness and to predict a
Maritime
Forwarding
Rush to the Shipping Peak
Bill Mongelluzzo and Peter T. Leach |
Emboldened by surging imports and vessel space and equipment shortages likely to persist through October, carriers in the eastbound trans-Pacific ocean trade are increasing freight rates seemingly at
Maritime
Forwarding
Exporter Pleads Guilty to Fraud
John D. Boyd |
A Miami exporter of heavy equipment for the construction, farm and trucking industries pleaded guilty this week to trying to defraud the U.S.
Transport, Trade and Regulation News
Forwarding
U.S. Steel Imports Rise in May
Peter T. Leach |
U.S. steel imports increased by 4.7 percent in May to 2.2 million tons from 2.1 million tons in April, the American Institute for International Steel said Friday.
Transport, Trade and Regulation News
Forwarding
NY-NJ Port Authority Acquires Global Terminal
Peter T. Leach |
The Port Authority of New York and New Jersey acquired the 98-acre Global Terminal on the Port Jersey peninsula in Jersey City and Bayonne.
Maritime
Forwarding
“K” Line America Names Saeki CEO
Peter T. Leach |
“K” Line America appointed Takashi Saeki its president and CEO as of July 1.
Maritime
Container lines
Shipowner Goldenport to Sell Shares
Bruce Barnard |
Goldenport Holdings, the London-listed containership and bulk carrier owner, announced a new $35 million share offering June 25 to fund future vessel acquisitions.
Maritime
Container lines
Forwarding
German Ship Financiers Take a Break
Joseph Bonney |
German KG investment funds that bankrolled much of the last decade’s container shipbuilding boom have cut back on lending, but speculation about their demise is “total nonsense,” say
Maritime
Container lines
Forwarding
Three Lines Start Asia-Europe Sharing Agreement
JOC Staff |
Evergreen Line, China Shipping and CMA CGM will work together to launch an upgraded Asia-Europe AEX7 service.
Maritime
Container lines
Forwarding
Maritime Shipping Carriers Hold Off on Increasing Services
Bill Mongelluzzo |
Vessel utilization factors on services between Asia and the U.S.
Maritime
Forwarding
NY-NJ Port Authority Buys Bayonne Land for Terminal
Peter T. Leach |
The Port Authority of New York and the State of New Jersey agreed to purchase approximately 130 acres of property at the Marine Ocean Terminal at Bayonne, known as MOTBY, which it has been seeking for
Maritime
Forwarding
Two Lines Launch Singapore-Malaysia-India Service
JOC Staff |
Regional Container Lines of Thailand and Middle East-based Simatech Shipping plan to launch a joint container service linking Singapore, Malaysia and the Indian subcontinent, effective this month.
Maritime
Container lines
Forwarding
Evergreen, Wan Hai to Launch China-ASEAN Loop
Peter T. Leach |
Evergreen Line and Wan Hai Lines will launch the joint Hwa-Bei Strait Service starting early July between China and Southeast Asia.
Maritime
Container lines
Forwarding
OOCL Hikes Asia-Europe Rates
Peter T. Leach |
OOCL notified its customers Friday that it will rates on westbound cargo from Asia to Europe cargo as of July 15.
Maritime
Container lines
Forwarding
CSAV All-Water Loop Makes First Charleston Call
Peter T. Leach |
The first ship on CSAV’s new, weekly all-water service between North Asia and the U.S. East Coast made its first call at the Port of Charleston Thursday on its outbound leg back to Asia.
Maritime
Container lines
Forwarding
APM Terminals, Virginia Ports OK 20-Year Lease
Peter T. Leach |
APM Terminals and the Virginia Port Authority each authorized their leadership Thursday to sign an agreement that will lease APM Terminals’ highly automated Portsmouth container terminal to VPA
Maritime
Forwarding
FMC to Report Progress on Capacity Inquiry
R.G. Edmonson |
The Federal Maritime Commission announced Thursday that Chairman Richard A. Lidinsky Jr. and Commissioner Rebecca F.
Maritime
Forwarding
CP Signs Deals with Vancouver Box Terminals
John D. Boyd |
Canadian Pacific Railway signed new productivity and performance agreements with the two intermodal terminals at the big container port of Port Metro Vancouver, British Columbia, in deals the partners
Rail News
Forwarding
North-American rail
Georgia Ports Authority to Repower Cranes
Peter T. Leach |
The Georgia Ports Authority will replace the engines on 17 of its older rubber-tired gantry cranes with more efficient engines that reduce carbon emissions as the result of the $2.72 million grant it
Maritime
Forwarding
Container Lines to Launch Asia-Australia Service
JOC Staff |
A consortium of Hapag-Lloyd, United Arab Shipping Company, Hyundai Merchant Marine and China Shipping Container Lines will launch a container service between Southeast Asia and Australia, starting in
Maritime
Container lines
Forwarding
Japanese Exports Surge 32.1 Percent
Hisane Masaki |
Japan posted a trade surplus with the rest of the world for the 14th consecutive month in May thanks to strong exports, especially to the other Asian economies, according to preliminary figures releas
Maritime
Forwarding
Cheng Lie Starts Three New Loops
Peter T. Leach |
Cheng Lie Navigation, the Taiwanese carrier that is majority-owned by CMA CGM, is launching three new services and upgrading a service linking China to Southeast Asia to meet growing demand on the int
Maritime
Container lines
Forwarding
Boxship Supply, Demand Coming into Balance
Joseph Bonney |
Container ship supply will grow more slowly than forecast, allowing demand to catch up with capacity by 2015 and support higher rates, an industry analyst predicts.
Maritime
Container lines
Forwarding
Container Surge Presses Virginia Harbor Truckers
William B. Cassidy |
A steady increase in container traffic is putting pressure on drayage operators at the Port of Virginia, including Wyatt Transfer, a Richmond, Va., port trucker.
Trucking News
Forwarding
Trucking labor
Former NYK Chief Seeks Shipping Line, Trucking Partnerships
William B. Cassidy |
Ocean shipping lines and trucking companies must cooperate more closely to move freight efficiently through their customers' integrated global supply chains, a maritime industry leader told trucking e
Maritime
Trucking News
Forwarding
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