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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
LA-LB Programs Drive Shippers to Other Ports
Bill Mongelluzzo |
Complying with the PortCheck and PierPass programs in Los Angeles-Long Beach is a cumbersome task that is motivating shippers and freight intermediaries to look to other gateways for their discretiona
Maritime
Forwarding
North American ports
Cosco to Extend SE Asia Service
JOC Staff |
Cosco Container Lines announced plans to extend the port rotation of its Southeast Asia HSH Service, effective this month.
Maritime
Container lines
McAdam to Head APL Logistics
Peter T. Leach |
Neptune Orient Lines today promoted Jim McAdam president of APL Logistics, which, along with the rest of the NOL Group, has been struggling to maintain growth in the global economic recession.
Transport, Trade and Regulation News
Container lines
Hamburg Süd Revenue Climbed 24 Percent
Peter T. Leach |
Hamburg Süd boosted 2008 revenue 24 percent by means of a 25 percent increase in container volume.
Maritime
Container lines
Forwarding
CSAV Seeks Cut in Charter Rates
Bruce Barnard |
CSAV, the financially troubled ocean container carrier, is pressing shipowners to slash hire rates by 30 percent, a move that could trigger a domino effect across the box ship charter market.
Maritime
Container lines
Maersk, CMA to Call Seattle
Peter T. Leach |
Maersk Line and CMA CGM confirmed that they will begin making weekly calls at the Port of Seattle’s Terminal 18 with a combined trans-Pacific service in June.
Maritime
Container lines
Maersk Adds Mobile to Transatlantic Loop
Peter T. Leach |
Maersk Line said Thursday it is revising the schedule of its weekly trans-Atlantic Service to include a call at Mobile, Ala., on its way to ports in North Europe, the UK, Ireland, and the Baltic count
Maritime
Container lines
NOL Expects 1Q, Full-Year Loss
Peter Leach |
Neptune Orient Lines said today it expects to report a net loss of US$240 million for the first quarter of 2009, ended March 31 when it issues its final results on May 12.
Maritime
Container lines
Forwarding
Long Beach Boxes Reach Five-Month High
JOC Staff |
The Port of Long Beach saw improvement in its slumping container traffic in March but loaded boxes at the port still fell 22.2 percent from the same month last year.
Maritime
Forwarding
OOCL Revenue Drops 31 Percent in 1Q
Peter T. Leach |
OOCL’s revenue fell 31.2 percent in the first quarter, ended March 31 as its volume slipped by 15.6 percent, its parent, Orient Overseas International said Thursday.
Maritime
Container lines
French Frigate Seizes Pirate ‘Mother Ship’
William B. Cassidy |
French naval forces seized 11 suspected pirates off the coast of Somalia April 15, as pirates ramp up attacks on commercial ships in the Indian Ocean.
Maritime
Container lines
Box Imports Fall Below 1 Million
Thomas L. Gallagher |
Import cargo volume at the nation’s major retail container ports hit its lowest level in seven years in February as the number of containers dropped below 1 million for the first time in half a
Maritime
Forwarding
North American ports
Ocean Carriers Must Cut More
Peter T. Leach |
Despite the actions most container lines have taken to cut their vessel overcapacity, they are not doing enough to make a difference says Drewry Shipping Consultants in a new report.
Maritime
Container lines
Ship Orders in Japan Sink 47 Percent
Hisane Masaki |
Japanese export ship orders sank at their fastest pace in 16 years in fiscal 2008, which ended on March 31, as the global economic crisis that erupted last autumn dampened ship owners' demand for new
Maritime
Container lines
Forwarding
Cosco Launches Fuzhou-SW America Service
JOC Staff |
Cosco Container Lines launched its Coscon Fuzhou-Southwest America Service, effective this month.
Maritime
Container lines
Maersk Shifts to Seattle
JOC Staff |
A.P.
Maritime
Container lines
Forwarding
CSAV Seeks Further Financing
Thomas L. Gallagher |
In the week after being downgraded by two ratings agencies, Chilean boxship owner CSAV went to Hamburg, Germany to negotiate a capital infusion to weather the growing global economic gloom.
Maritime
Container lines
Idle Boxship Capacity Falls
Bruce Barnard |
Idled ocean container capacity fell for the first time in six months as carriers re-activated larger vessels amid a seasonal increase in cargo volume, but the jobless figures likely will surge again l
Maritime
Container lines
Forwarding
Slide Show: Ports And the Economic Storm
Paul Page |
The docks that make up port cargo terminals, where millions of steel containers full of freight are transferred from ships to the shore or the other way around, are normally a death-defying place to b
Maritime
Forwarding
North American ports
Long Beach OKs Terminals Overhaul
Peter T. Leach |
The Long Beach Board of Harbor Commissioners on Monday unanimously approved an exhaustive environmental study, paving the way for the port’s first major capital improvement project in more than
Maritime
Forwarding
Hyundai Adds Cranes in Tacoma
Thomas L. Gallagher |
Hyundai Merchant Marine will add two container cranes in May at their Washington United Terminals in Tacoma.
Maritime
Forwarding
Carriers Stick to Routes Despite Pirates
Peter T. Leach |
Two major container carriers said they are maintaining the routing of the big ships that ply the trade lane between Asia and Europe via the Suez Canal during the recent spate of pirate attacks off the
Maritime
Container lines
CKYH Plans More Cooperation
Peter T. Leach |
The four carriers in the CKYH Alliance held their 2009 Summit Meeting in Jeju, Korea on April 9 to discuss joint strategies on how to overcome the current crisis in the shipping industry.
Maritime
Container lines
Tokyo Container Trade Dropped in November
Hisane Masaki |
The number of foreign trade containers handled by the Port of Tokyo fell for the first time in three months in November last year on a year-on-year basis, edging down 1.1 percent to 313,559 TEUs.
Maritime
Forwarding
Beyond the Economic Horizon
Peter T. Leach |
It’s tough for George Adams, president of SA Recycling in Anaheim, Calif., to see much good about the global trading economy when scrap steel exports are down 30 percent this year.
Transport, Trade and Regulation News
Forwarding
Out of the Basement?
Peter T. Leach |
Some believe the housing sector that led the world into the economic slump may help lead the economy to recovery.
Transport, Trade and Regulation News
Forwarding
Vancouver Finds New Leadership
Alan Daniels |
When Robin Silvester left Canada four years ago for a leadership position at P&O Ports, Port Metro Vancouver was in the midst of a surge in business from an Asia export boom that fed the Pacific N
Maritime
Forwarding
U.S. Navy Frees Ship Captain
Paul Page |
The U.S.
Maritime
Container lines
Rotterdam Profit Soars 32 Percent, Port Braces for 2009
Bruce Barnard |
LONDON — The Rotterdam Port Authority’s income rose 32 percent in 2008 from a year ago on higher harbor dues as cargo traffic in Europe’s biggest container port hit an all time high.
Maritime
Forwarding
Falling Ship Orders Don’t Dent Overcapacity
Bruce Barnard |
LONDON — The containership order book is down to an 18-month-low, but ocean carriers and charter owners face rising overcapacity with shipyards poised to deliver hundreds of big vessels in the n
Maritime
Container lines
Forwarding
Pacific Container Lines Seek Rate Floor
Bill Mongelluzzo |
Hoping to prevent further deterioration in ocean freight rates, shipping lines in the eastbound Pacific are attempting to scrap the spot rates that have crept into service contracts and to establish a
Maritime
Container lines
Forwarding
Long Beach Honors 14 Container Shipping Lines
Bill Mongelluzzo |
The Port of Long Beach honored 14 shipping lines that led the industry in reducing their vessel speed within 20 miles of the coast in order to reduce harmful diesel emissions.
Maritime
Container lines
Forwarding
Maersk Alabama Skipper Tried to Escape
Peter T. Leach |
Capt.
Maritime
Container lines
Negotiators on U.S. Warship Talk to Pirates
Peter T. Leach |
The four Somali pirates who seized and then lost control of the Maersk Alabama continued to hold its skipper, Capt.
Maritime
Container lines
Forwarding
Ro-ro Rolls Up at Jacksonville
Janet Nodar |
The Port of Jacksonville handled 656,805 vehicles during fiscal year 2008, a seven percent increase from FY 2007, making it the nation’s second busiest vehicle-handling port after New York/New J
Maritime
Forwarding
Maersk Alabama Heading into Port
Peter T. Leach |
The Maersk Alabama was heading to its original destination port of Mombasa, Kenya, a day after it was hijacked off Somalia's coast, CNN reported Thursday, quoting
Maritime
Container lines
Forwarding
Rotterdam Container Traffic Plunges
Bruce Barnard |
Container traffic in Rotterdam plunged 16 percent in the first quarter of 2009 from a year ago as the global economic downturn impacted all liner services to Europe's biggest box port.
Maritime
Forwarding
Evergreen to Upgrade China-U.S. West Coast Service
JOC Staff |
Evergreen Line announced plans to upgrade its China-South U.S. West Coast-China Service (CPS) and Asia-U.S. East Coast Service (AUE) with improved transit times on the route.
Maritime
Container lines
U.S. Warship Reaches Maersk Alabama
Peter T. Leach |
A U.S. Navy destroyer, the USS Bainbridge, was in position near the lifeboat believed to be carrying the pirates and their hostage Capt. Richard Phillips.
Maritime
Container lines
Forwarding
Maersk Alabama Captain Still Held Hostage
Peter T. Leach |
The captain of the Maersk Alabama, the U.S.-flag, Danish-owned container ship that was hijacked in the Indian Ocean early Wednesday morning and then retaken by its American crew, is still being held h
Maritime
Container lines
Forwarding
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