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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
Textainer Profit, Productivity Surge
Bill Mongelluzzo |
Container lessor Textainer Group Holdings Ltd.
Maritime
Forwarding
Magdenli Moves Heavy-Lift in Turkey
JOC Staff |
Forwarder and heavy transport provider Magdenli Transport and Trade recently handled out-of-gauge component moves for several Turkish wind and natural gas projects using a new 500-ton-capacity mobile
Forwarding
DHL Expands India LCL Service
JOC Staff |
DHL launched a direct less-than-container-load service connecting Cochin, India, to Europe, North America and other markets via the Port of Colombo, Sri Lanka.
Maritime
Container lines
Forwarding
Ocean Carrier Zim Negotiating Sale of Some Holdings
Peter T. Leach |
Zim Integrated Shipping Services, seeking to improve a balance sheet hit hard by the global trade downturn, is in negotiations to sell unspecified holdings in two non-Israeli companies, according to a
Maritime
Container lines
Forwarding
Court Dismisses Trailer Bridge from Antitrust Case
Joseph Bonney |
Trailer Bridge has won dismissal from a civil class-action lawsuit alleging antitrust violations by carriers in the U.S. mainland-Puerto Rico trade.
Maritime
Container lines
Forwarding
Trans-Pacific Spot Rate Jumps 10.8 Percent
Peter T. Leach |
The spot rate for shipping a 40-foot container from Hong Kong to Los Angeles jumped to $2,189 per FEU in the week ended May 3, according to data collected by Drewry Shipping Consultants.
Maritime
Container lines
Forwarding
CMA CGM Considering Public Stock Offering
Peter T. Leach |
CMA CGM, which has been unable to complete negotiations with a consortium of lenders to restructure $7 billion in debt, is considering a public listing of its stock as part of a package of measures ai
Maritime
Container lines
Forwarding
Container Ship Orders Primed to Re-Start
Bruce Barnard |
Ocean container carriers could start ordering new ships within 12 months, driven by a rapidly shrinking order book and an improving global trade outlook.
Maritime
Forwarding
Portland to Lease Terminal
Bruce Barnard |
The Port of Portland has reached a tentative lease agreement with International Container Terminal Services Inc. to operate its container and breakbulk facility at Terminal 6.
Maritime
Forwarding
Montreal Container Tonnage Grows 11.1 Percent
Peter T. Leach |
The tonnage of container traffic handled by the Port of Montreal increased by 11.1 percent for the first three months of the year, to 2,927,394 metric tons from 2,636,080 metric tons in the same quart
Maritime
Forwarding
Containership Company Makes First Voyage
Bill Mongelluzzo |
The Containership Company, the newest entrant in the trans-Pacific trade, began its service on a promising note as the Taicang Dragon arrived at the TraPac terminal at the Port of Los Angeles with 77
Maritime
Container lines
Forwarding
Shipping Could Face Greatest Spill Impact
John D. Boyd |
The biggest short-term economic impact from the Gulf Coast oil spill would be if it disrupts shipping, said IHS Global Insight.
Maritime
Forwarding
Lawmakers to Hear Clean Truck Testimony
R.G. Edmonson |
At a congressional hearing Wednesday morning on harbor trucking in southern California, carriers and shippers will be watching closely to see if lawmakers warm to the idea of giving local authorities
Transport, Trade and Regulation News
Forwarding
Trucking labor
Ocean Carriers Hike India Export Rates
JOC Staff |
Ocean carriers on routes out of India are raising rates as demand picks up.
Maritime
Container lines
Forwarding
Hamburg Sud, CCNI Restore Asia-South America Services
Peter T. Leach |
To handle recovering volumes in the trade between Asia, Mexico and the West Coast of South America, Germany’s Hamburg Sud and Chilean carrier CCNI plan to restore vessel capacity to the levels o
Maritime
Container lines
Forwarding
OOCL Starts China-Vietnam-Thailand Loop
Peter T. Leach |
OOCL will launch an intra-Asia service on May 5 linking China with Thailand and Vietnam in response to increasing demand in the region.
Maritime
Container lines
Forwarding
CMA CGM Posts $1.4 Billion 2009 Loss, 4Q Profit
Bruce Barnard |
CMA CGM, the financially troubled French ocean container carrier, booked a $1.4 billion net loss in 2009 but returned to profit in the final quarter of the year.
Maritime
Container lines
Forwarding
Hamburg Sud to Raise Europe-South America Rates
Peter T. Leach |
Hamburg Sud and its Brazilian affiliate Alianca said Monday they plan to charge shippers a general rate increase of $461.41 per 20-foot equivalent unit on June 1 for all cargo moving from Europe to po
Maritime
Container lines
Forwarding
Damco Hires Chief Commercial Officer
Peter T. Leach |
Damco, the combined brand of A.P. Moller-Maersk logistics activities, reached outside the company to hire Todd Renehan as its new chief commercial officer for North America.
Maritime
Container lines
Deeper, Bigger, Stronger
By Peter T. Leach |
The four major South Atlantic ports are in a race against time and, to some extent, each other to prepare for the bigger ships that will start coming to the East Coast from Asia after the Panama Canal
Maritime
Container lines
Forwarding
Needed: More Boxes
Peter T. Leach |
A global shortage of ocean containers is exacerbating the difficulty U.S. exporters face in finding empty boxes for shipments from the Midwest and other locations away from import centers.
Maritime
Container lines
Forwarding
Vietnam Beckons
Stephanie Nall |
Economists at the International Monetary Fund are optimistic about the global economy, saying it will grow 4.2 percent in 2010.
Transport, Trade and Regulation News
Container lines
Forwarding
Room and Board
Bill Mongelluzzo |
Ask importers their top concern this year as they wrapped up service contract negotiations with ocean carriers in the eastbound Asia-to-U.S.
Maritime
Container lines
Forwarding
Down, But Not Out
Peter T. Leach |
Like cardiologists looking for signs of life in emergency room patients, container volumes depicted in the inaugural ranking of The Journal of Commerce Top 25 North American Container Ports show only
Maritime
Container lines
Forwarding
Reefer Exports Heat Up
Stephanie Nall |
That year, exporters in most sectors saw their foreign markets expand, enjoyed a weakening dollar and easy trade finance, and in general had little trouble with transportation and logistics.
Maritime
Container lines
Forwarding
Sea Star Sails from Philadelphia
Joseph Bonney |
Sea Star Line on April 23 started a previously announced weekly service between Philadelphia and San Juan, Puerto Rico, using a ship that carries roll-on, roll-off and lift-on, lift-off cargo.
Maritime
Container lines
Maersk to Call Halifax with Reefer Aquariums
Peter T. Leach |
Maersk Line plans to resume its weekly seasonal reefer calls at the Port of Halifax on May 18 with the arrival of the Maersk Palermo on the revised rotation of the TA4 trans-Atlantic service.
Maritime
Container lines
Forwarding
SCI Hikes Rates to Europe
JOC Staff |
The Shipping Corporation of India will seek a general rate increase on the westbound trades from India to Europe, the third GRI this year.
Maritime
Container lines
Forwarding
Halifax Sets Supply-Chain Performance Standards
Peter T. Leach |
The Halifax Port Authority said it reached agreement with its two main container terminal operators, Cerescorp and Halterm, on setting performance standards designed to increase the speed of the impor
Maritime
Forwarding
North-American rail
Steel Exports Increase 43 Percent
Joseph Bonney |
U.S.
Transport, Trade and Regulation News
Forwarding
Corning Uses Air Freight to Meet Demand
Joseph Bonney |
Glass and ceramics manufacturer Corning said a rebound in global auto sales caught the company with such tight inventories that during the first quarter the company had to send its emissions-control f
Air Cargo
Forwarding
MSC Hikes India-Europe Rates
JOC Staff |
Mediterranean Shipping Company will implement a new general rate increase on the westbound trades from India to Europe.
Maritime
Container lines
Forwarding
Steel Imports Grow Through Houston
Janet Nodar |
Steel volume is showing some signs of improvement, Port of Houston CEO Alec Dreyer said during his monthly financial report to the Board of Commissioners.
Maritime
Forwarding
Maersk Sells China Terminal Stake
Bruce Barnard |
A.P. Moller-Maersk agreed to sell its stake in the Yantian container terminal in China to a subsidiary of China's COSCO Pacific for $520 million, the company said Thursday.
Maritime
Container lines
Forwarding
Port of LA Concludes Clean-Trucks Testimony
Bill Mongelluzzo |
The port and city of Los Angeles rested their case after testimony Wednesday in the clean-trucks suit brought by the American Trucking Associations. Judge Christina A.
Maritime
Forwarding
Drewry Names Damas a Director
Peter T. Leach |
Drewry Shipping Consultants appointed Philip Damas a director of the company, with responsibility for developing Drewry Supply Chain Advisors, the specialist supply chain consulting practice within th
Maritime
Container lines
Forwarding
PIERS Raises 2010 Import-Export Forecast
Joseph Bonney |
PIERS Global Intelligence Solutions raised its forecast for U.S.
Maritime
Forwarding
FMC Studies Capacity Shortage
R.G. Edmonson |
Federal Maritime Commissioner Rebecca Dye will be in New York May 11-13 to conduct interviews for her fact-finding mission on vessel and equipment capacity.
Maritime
Forwarding
Cosco Lost $1.1 Billion in 2009
Joseph Bonney |
China’s Cosco Group reported a loss of $1.1 billion for 2009 as the weak economy hammered the company’s container, dry bulk and terminal businesses.
Maritime
Container lines
Forwarding
Antwerp Loses Key Breakbulk Contract
Bruce Barnard |
The port of Antwerp's bid to revive its breakbulk business suffered a serious setback with the loss of a 750,000 metric tons-a-year contract.
Maritime
Forwarding
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