Container Shipping News

Israeli ocean carrier Zim Integrated Shipping Services said it is close to getting final approval for a financial restructuring.

OOCL’s third-quarter revenue fell 42.3 percent to $948.9 million as its container volume dropped by 16.7 percent from the same quarter last year, the Hong Kong-based carrier said Tuesday.

The mayors of New York and Newark, N.J., surprised the trucking industry – as well as the bi-state port authority – by announcing on Sunday their support for a clean-trucks program that wo

CMA CGM wants to delay the delivery of 49 ships it has ordered and is scheduled to receive within the next three years, its CEO Rodolphe Saade said Monday.

Evergreen Line, which is one of the few container lines that has refrained from ordering new ships in recent years, plans to order 100 container ships in 2010 to expand its fleet to nearly 300, the co

Pat Moffett, vice president of global logistics at Audiovox, has been through this routine before.

Hallmark Cards once used the Los Angeles and Long Beach ports for virtually all its imports into the United States.

The Port of Corpus Christi’s long-delayed plan to build a container terminal on a 1,100-acre tract of land called the La Quinta Trade Gateway is being resuscitated as part of a multi-phase, mixed-use

Orient Overseas Container Line is launching two rounds of rate increases for intra-Asia cargo. The first applies to dry cargo from Hong Kong, Macau and South China bound for Japan starting Oct. 26.

CMA CGM added a call at Saigon Premier Container Terminal beginning Friday, Oct. 16 on its FAS Vietnam service.

Pirates in the Indian Ocean hijacked a Singapore-flag container ship some 300 nautical miles north of the Seychelles, signaling a resurgence in attacks on ships using trade lanes near the coast of Som

Grain industry firm Archer Daniels Midland acquired five oceangoing dry-bulk ships of varying sizes to haul “all types of grain, grain products and bulk commodities to and from ports in Europe,

The economy is stabilizing but will take time to adjust to a "less spendthrift" consumer, and a rebound in U.S.

Maersk Line, the world’s largest ocean container carrier, is expanding its service in the breakbulk and out-of-gauge equipment market.

In a market that has been utterly stagnant, a Middle East oil tanker operator signed the first container ship order anywhere in the world since October 2008.

NEW ORLEANS -- Buoyed by a weak dollar and recovering demand among emerging markets, U.S.

Containership charter rates are testing fresh lows, and hire periods are shrinking rapidly as ocean carriers rein in leased box capacity in a bid to narrow the huge supply/demand gap.

Ocean carriers in the Puerto Rico domestic trade anticipate business as usual on Thursday despite a call by labor unions for a one-day general strike on the island.

Breakbulk Transportation Conference & Exhibition, New Orleans, Oct.

Demand on the St. Lawrence Seaway-Great Lakes system fell off a whopping 35.3 percent to 19.3 million metric tons of cargo for the season to date through Sept. 30.

Surface transportation should show modest growth through 2010 and then take off strongly in 2011 with double-digit growth in volume, a Schneider Logistics executive said Tuesday.

Evergreen Line and CMA CGM will implement rate increases in the Europe, Mediterranean trades to and from the Far East and Indian sub-continent.

Marine terminals at the ports of Apia and Pago Pago, Samoa, are fully operational following the devastating earthquake and tsunami that struck the island two weeks ago, Hamburg Sud reported.

Recession ravaged one economy after another in 2009, fulfilling earlier dire predictions for the global container industry, said Drewry Shipping Consultants in their latest Market Review & Forecas

Evergreen Marine Corp. and China Shipping Container Line on Wednesday will launch a joint weekly service linking ports in Asia with the Pacific Northwest.

Wallenius Wilhelmsen Logistics boosted the frequency of its Japan-Korea-China roll-on, roll-off shipping service, citing a "resurgence" of trade among the three countries.

CMA CGM is piloting INTTRA's Web-based eInvoice software with select customers in North America. The system helps carriers and customers to submit, receive, review and process invoices.

Mediterranean Shipping Co. will increase rates on westbound cargo from the United States to Asia, effective Nov. 16.

Executives of the Union Pacific and BNSF railroads will join representatives of the six major West Coast container ports to promote the ports as an efficient and environmentally-friendly gateway for A

Customs and Border Protection’s advanced computer system for processing documentation is taking longer to develop and will cost more than anticipated, but completing development of the Automated

The UK Treasury on Oct.

The year long decline in container traffic on the key Asia-Europe trade slowed in August as rising European exports partially compensated for lower shipments from the Far East.

The port of Antwerp gave a qualified welcome to the Dutch government's decision to deepen the river Scheldt, the port’s access to the North Sea.

A joint venture between the Rockefeller Group and MeadWestvaco will develop a 1.1 million square foot distribution center at the Port of Charleston, S.C., for auto tire marketer TBC.

Neptune Orient Lines reported its first year-over-year expansion in ocean container volume in a year Monday in a report that showed the operator’s strongest demand for shipping so far in 2009.

Israel Corp., the parent of Zim Integrated Shipping, announced a two-week delay to a shareholders' meeting to vote on a recovery plan for the financially ailing ocean container carrier.

For importers buying from Asia and the ocean, intermodal rail and motor carriers transporting their goods to U.S. destinations, this is as busy as it’s going to get this year.

Like their brethren in the trans-Pacific, trans-Atlantic container lines have eliminated or combined so many of their services in the last three months that vessel capacity has tightened to the point

Shippers have been watching the financial perils of troubled carriers unfold in recent weeks, fearing the demise of a major carrier could disrupt their supply chains.

Thousands of containers sat unmoved Oct.