Container Shipping News

The French Port of Marseilles Fos said container throughput rose by 24 percent year-over-year in January and February to 159,202 20-foot equivalent units as trade recovered from the global recession.

More ships arrived at their destination ports behind schedule in the fourth quarter, according to the latest Container Shipper Insight report from Drewry Shipping Consultants.

Hanjin Shipping plans to expand its use of the e-commerce services provided by INTTRA, the Internet portal that was founded by a group of carriers a decade ago to create efficiencies for carriers by e

Seaspan said Monday it swung to a profit of $74.7 million in the fourth quarter ended Dec.

Ocean container carriers are significantly boosting cargo capacity on Asia-Europe shipping lanes for the first time in 18 months, threatening to reverse recent strong gains in freight rates.

Looking to raise its profile in the growing problems U.S.

Hamburg Süd will seek a general rate increase on all cargo moving from the U.S. East Coast and Eastern Canada to Europe as of May 1, the second increase this year.

Hanjin Shipping expects to earn a profit this year and boost sales 27 percent as world trade picks up and shipping lines cut back on their fleet expansion plans.

Potential investors in CMA CGM have until March 15 to agree to terms to acquire a stake in the troubled French ocean container carrier.

Norway's Wilh. Wilhelmsen will spin off its shipping and logistics units in an initial public offering that could raise up to $400 million.

Cosco President Zhang Liang expects to win the rate increase targeted by the Transpacific Stabilization Agreement in new contracts as world trade rebounds and shipping lines curb capacity.

The news that A.P.

The transportation industry may have gotten involved in pollution reduction later than most industries, and though the transition has been difficult, carriers and shippers no longer doubt the need fo

The Containership Company, a new Norwegian-registered liner company, will make its first U.S. call May 3 at the TraPac Container Terminal in Los Angeles.

OOCL announced Friday that it will no longer provide chassis for transportation of both import and export containers to and from container yards or retail stores originating from or destined to facili

U.S. exports of beef in January were higher than in January of 2009, but pork exports were lower, according to the U.S. Meat Export Federation.

The Army Corps of Engineers will open its Soo Locks four days early to launch the shipping season for Great Lakes freighters, after getting requests from users citing “an improved business clima

The European Shippers Council elected Jean Louis Cambon, head of Michelin Tire’s Ocean Management Committee as the new chairman of its Maritime Transport Council this week.

NEWPORT, R.I.--With the new Importer Security Filing rule still in its shakedown period, Customs and Border Protection is trying to help importers figure out the rule and its own responses to applicat

Hanjin Shipping will launch a new direct service between Asia and Mexico in mid-March when its China America Express Service begins calling at Manzanillo.

Large U.S.

President Obama on Thursday announced an export strategy that includes two high-level panels, financial support and advocacy for exporters, and a reform of antiquated export control laws.

Panalpina, the Swiss global forwarder and logistics services company, fell into the red in the final quarter of 2009 but said it expects ocean and air cargo volumes to recover this year.

President Obama planned to name CEOs from Boeing and Xerox to lead the President’s Export Council, a group aimed at pressing the president’s efforts to expand U.S.

China Shipping Container Line agreed to pay the Federal Maritime Commission $440,000 to settle alleged violations of the Shipping Act going back four years, the commission announced on Tuesday.

Evergreen Line and China Shipping Container Lines will launch a joint China-Philippines-Thailand Express Service in mid-March.

The rate of growth in Europe-Asia container traffic is picking up pace, and trans-Atlantic cargoes are growing modestly, according to the latest figures from ocean carriers.

Container traffic at major ports in India grew by almost 3 percent in the 11 months from April to February compared with a year earlier, the Indian Ports Association said in a statement.

Two of Japan’s largest shipping firms, NYK and “K” Line, reached agreements with shipbuilders to convert some container ship orders to orders for bulk carriers and other vessels, as

Container throughput at the Port of Hong Kong fell 14 percent in 2009, but fourth quarter figures signaled the beginning of a turnaround.

Ocean carriers are returning laid-up container ships to service at a faster pace to keep up with growing cargo volume, according to a new report by the Alphaliner consultancy.

“K” Line plans to develop a new method for scrapping ships in Japan rather than in low-cost developing countries by testing the methodology on one of its old ships, the “New York Hig

OOCL is limiting the acceptance of online booking requests, the company informed its U.S. customers on Monday.

The monthly increases in imports that began at the nation’s major container ports in December are expected to climb at single digit rates through the spring and accelerate to double-digit rates

Forth Ports, the UK's last listed ports operator, has rejected a $930 million takeover offer.

The carriers that belong to the Caribbean Shipowners Association voluntarily agreed to implement a peak season surcharge next fall, when cruise ships crowd berth space during their high season.

Mitsui O.S.K. Lines will open a route linking Laem Chabang, Singapore, Port Kelang, and India’s Port Chennai starting March 23, said Akimitsu Ashida, president of MOL.

Shippers caused container shipping's deepest crisis by exploiting overcapacity to drive down freight rates below vessel operating costs, the head of Mediterranean Shipping Company said.

Attention to environmental issues such as carbon footprints could play an increasing role in sourcing decisions.

Carrier executives and shipping industry analysts meeting in Long Beach last week for The Journal of Commerce’s 10th Annual Trans-Pacific Maritime Conference were in a decidedly upbeat though ca