Federal Maritime Commissioner Rebecca Dye said the reduction from four to three major container shipping alliances should decrease rates on the transpacific trade, but the decline could be offset by […]

The two ships will primarily transport cattle and sheep from Australia, New Zealand and the United States to China, according to The West Australian.

Starting in April, Hamburg Süd’s cargo will be shipped on vessels in the 2M network, a carrier alliance consisting of Maersk Line and MSC.

A shipment of snow peas was transported by a Crowley cargo ship from Guatemala to Port Everglades, and was then trucked to Miami International Airport where it was transloaded onto […]

T.J. England, the chief legal officer for Salt Lake City-based trucking carrier C.R. England, said it intends to immediately appeal the decision.

France’s Total, the world’s fourth largest oil and gas company, will become a multi-fuel supplier for CMA CGM.

Bond rating agency Moody’s Investors Services said the sale of Hanjin’s interest in Pier T, which accounts for 30 percent of the port’s revenue, is “credit positive.”

While the U.S. merchant marine has dramatically shrunk since World War II, mutual insurer American Club has adapted by expanding overseas.

Two Floridian ports changed plans on inking deals with the Cuban government after Florida Gov. Rick Scott said he would recommend restricting state funds for ports that work with Cuba.

Of the 98 ships in Hanjin’s former fleet, 63 ships with close to 460,000 TEUs of capacity remain idle, 31 ships with 134,000 TEUs of capacity have been redeployed, and […]

Michael A. Khouri is replacing Mario Cordero as acting chairman of the Federal Maritime Commission, but Cordero will remain as one of the five commissioners.

Last year saw massive changes in container shipping, but will they benefit retailers and other shippers in 2017?

However, the Hong Kong-based carrier’s year-over-year increase in fourth quarter revenues was not enough to stop a slide for the full year, with revenues falling 9.9 percent from 2015.

The Californian port said its plans to raise the height of six ship-to-shore cranes by 26 feet beginning in April, allowing them to reach containers stacked aboard the largest ships […]

COSCO Shipping Ports Ltd. and CMA CGM Terminals Holding signed a worldwide memorandum of understanding to seek cooperation at ports worldwide, with preference being given to ports called by the […]

Hyundai Merchant Marine said it expects to receive funding from a new South Korean government shipping entity, which will buy and charter back vessels to the shipping company.

While the Shanghai Containerized Freight Index showed spot rates averaged 7 percent less in 2016 compared to a year prior, the China Containerized Freight Index illustrated an even greater drop, […]

The nominations of Wilbur Ross as Secretary of Commerce and Elaine Chao as Secretary of Transportation have been approved by the Senate Committee on Commerce, Science, and Transportation, and now […]

Ocean carrier Yang Ming said it anticipates the Taiwanese government’s share in the carrier will increase well beyond the current 33.3 percent held by the Ministry of Transportation and Communications […]

The world’s largest manufacturer of shipping containers has advised shareholders and potential investors to exercise caution when dealing with its shares.

The South Carolina Ports Authority said container volumes, breakbulk tonnage, and vehicle shipments all increased in December from a year prior.

However, FMC Commissioner William P. Doyle, who voted against the amendment, said it is beyond the scope of the Shipping Act and harmful to the U.S. tugboat industry.

In terms of loaded containerized cargo, the Georgia Ports Authority set a record for 2016, handling 2.95 million TEUs of loaded containers thorughout the year.

Gene Seroka, executive director at the Port of Los Angeles, said 2016 was an “epic” year, and in 2017, the port will focus on improvements in process management, information technology […]

Yang Ming responded by saying it has unwavering support of Taiwan’s government and has “proactively reorganized internally to effectively reduce its operating costs.”

Orient Overseas Container Line’s parent company said it is not aware or involved in any bid relating to the company or OOCL.

Now that the European Shippers’ Council (ESC) has rejoined the Global Shippers’ Forum, ESC Chairman Denis Choumert is hopeful the Asian Shippers’ Association and other Asian shipper groups will work […]

Warren T. Burns, a partner at the Dallas-based law firm Burns Charest, which has represented shippers, said the decision was inconsistent with the position taken by the Federal Maritime Commission and […]

Terminal Investment Limited – jointly owned by MSC and Global Infrastructure Partners – will become the largest owner of Total Terminals International, which Hyundai Merchant Marine will also own a […]

The German ocean carrier upped the size of a five-year bond from 150 million euros to 250 million euros.

The Geneva, Switzerland-based carrier said the seasonal call will be added to its NWC-SAEC I service in August, and will be of particular interest for melon exporters.

COSCO may make a bid of more than $4 billion for Hong Kong-based Orient Overseas Container Line, according to various media reports.

The container freight market is strengthening as carriers begin some 2017 negotiations, and Drewry said some shippers could see contract rates rise 20-40 percent in worst case scenarios.

Liberty Woods International filed a lawsuit in personam against Dalia Ship Holding and in rem against Dalia’s ship, the Ocean Quartz, seeking $1.4 million for damage it said occurred to […]

A study prepared for the Directorate-General for Climate Action found that savings from Flettner rotors and wing sails are seen as comparable.

The German ocean carrier said the bonds are not for sale in the United States, and proceeds will be used for early redemption of notes due later this year and […]

A fire broke out in the engine room of the Alliance St. Louis on early Monday morning in the Gulf of Mexico.

Federal Maritime Commissioner William P. Doyle said SM Line plans on launching a transpacific service and eight intra-Asia services.

The port handled a record 2.65 million TEUs in 2016, a 4.2 percent jump from 2015, with increases in both imports and exports.

The Canadian port handled 10 percent more cargo in 2016 and opened a new container terminal in the Viau sector in November.

Judge John Sherwood decided to confer with the South Korean court before making a decision about Hanjin’s sale of its 54 percent stake in Total Terminals International to 46 percent […]

Drewry’s investment research arm said it believes CMA CGM of France is best positioned among the major carriers to be a perfect suitor for Orient Overseas (International) Limited, the parent […]

The Georgia Ports Authority and the South Carolina Ports Authority signed an agreement in 2015 to develop the Jasper Ocean Terminal, which will be jointly owned and operated by both […]

The Californian port said it is prospering despite Ports America and Terminal Investment Ltd. ending their operations at the Outer Harbor Terminal last year.

The global port terminal operator’s terminals in Singapore handled 30.59 million TEUs in 2016, while volumes at its other locations totaled 37.04 million TEUs.

The U.S. Grains Council called the announcement by China that it will subject U.S. distiller’s dried grains with solubles (DDGS) to anti-dumping and countervailing duties “rash.”

Starting next week, the terminal will be the first of six facilities within the Port of New York and New Jersey to roll out the port authority’s new Truck Management […]

The agreement, which will infuse $26 billion into the state-run ocean shipping conglomerate over the next five years, will serve China’s “One Belt, One Road” strategy, according to a statement […]

Inna Kuznetsova, president and chief operating officer of INTTRA, explained the reasons behind the company’s rapid growth in a recent interview with American Shipper.

As many as 220 former employees of the now insolvent South Korean ocean carrier Hanjin Shipping will be hired following one-on-one interviews with management, Hyundai Merchant Marine said in a […]

The contract freight rate benchmarking company warned, however, that stability will be hard to come by, and if just one or two carriers begin to drop rates and chase market […]

The port of Bushehr is capable of offering services for all containerized cargos including refrigerated products and provides an alternative to Bandar Abbas for shippers sending cargo to and from […]

Shares in Orient Overseas International Ltd., the parent company of ocean carrier Orient Overseas Container Line, have jumped more than 25 percent since the end of 2016, reaching a 52-week […]

International Maritime Bureau Director Pottengal Mukundan said kidnappings in the Sulu Sea, which is located between East Malaysia and the Philippines, are a particular concern.

Federal Maritime Commission Chairman Mario Cordero says he is willing to discuss the agency’s concerns with Port Authority of New York/New Jersey and OCEMA member carriers, leaving the door open […]

The port handled a record amount of loaded containerized cargo in 2016, despite the decision by Ports America and Terminal Investment Ltd. to close their operation at the port’s Outer […]

The two ship-to-shore cranes the port is scheduled to receive from ZPMC in early 2018 will be able to work the larger ships that can now transit the Panama Canal’s […]

Global trade in 2016 was sluggish, as import volumes and global container throughput dipped, but the negligible dip in global trade was accompanied by radical shifts in freight pricing.

The Oregon Supreme Court is being asked to look at the legality of subsidies the Port of Portland gave to ocean carriers in 2012 and 2013.

International Maritime Organization Secretary General Kitack Lim cautioned that including shipping in the European Union’s Emission Trading System could undermine efforts to reduce greenhouse gas emissions from shipping on a […]

The Northwest Seaport alliance said it wanted more information and security before agreeing to transfer Terminal 46 in Seattle.

Harold J. Daggett, president of the International Longshoremen’s Association, said the union will oppose fully-automated container terminals in upcoming contract talks with the United States Maritime Alliance.

The assets to be sold to the Missinippi Rail Consortium include the Hudson Bay Railway, the Port of Churchill on Hudson Bay, and a tank farm adjacent to the port.

The proposed Pier B On-Dock Rail Support Facility could increase the use of “on-dock” trains, move cargo faster, and make operations more sustainable, the Port of Long Beach said.

NYK, “K” Line and MOL each reviewed the past year and plans for the future, including the new joint venture between the three companies, which they plan to form in […]

The international shipping organization said 2017 will be another die-hard year of competition and it projects the container shipping segment to see a net fleet growth of around 3.1 percent […]

The Pacific Merchant Shipping Association said container terminals at the ports of Los Angeles and Long Beach had an average container dwell time of three days in November.

Hyundai Merchant Marine said Tuesday its consortium with Heung-A Shipping and Sinokor Merchant Marine will give it full access to the two carriers’ intra-Asia networks.

A source told American Shipper that Korea Line’s parent company, Samra Midas Group (SM Group), will create a separate company called SM Lines that will operate Hanjin’s liner business between […]

The South Korean liner carrier’s bankruptcy, which resulted in hundreds of thousands of shipments around the world being delayed, was the biggest in the container shipping industry since the 1986 […]

The Class I railway has completed the first phase of the new Virginia Avenue Tunnel project in Washington, D.C., clearing the way for trains to move double-stacked intermodal freight between […]

The South Korean shipbuilder signed a deal with Iran’s Industrial Development and Renovation Organization to help spur Iran’s shipbuilding industry.

Hyundai Merchant Marine said it has “coherent strategies” for reaching its goal of increasing its share on the container market to 5 percent by 2021.

The Israeli ocean carrier will withdraw from the Transpacific Stabilization Agreement Dec. 31, making it the fifth carrier to leave the group this year.

The 2M Alliance will skip various sailings on the Asia-North America and Asia-North Europe/Mediterranean trades, while Hapag-Lloyd unveiled skipped voyages between Asia and South America.

The Baltic and International Maritime Council said tonne-miles from U.S. coal exports have declined by half over the past thee years.

New ship orders declined in 2016, driven down by overcapacity and sluggish global trade growth, and although devastating for shipyards and their workers, the drop may be necessary if the […]

Despite mergers and acquisitions, the industry is still plagued by overcapacity, and cost for new entrants is low.

The Japanese liner carrier said it has suffered considerable damage after some of APL Logistics’ employees disseminated false information about its financial health.

The Port of Long Beach Harbor Commissioners approved the sale of Hanjin Shipping’s 54 percent stake in Total Terminals International to MSC and its sister company Terminal Investment Ltd. Wednesday […]

However, despite the port experiencing its best November ever in terms of containers handled, its share on the North American container market declined from 12 months prior.

The U.S. maritime regulator said it is inviting comments no later than Feb. 28 on the petition that was filed by the Coalition for Fair Port Practices earlier this month.

The Honolulu-based shipping company also announced this week that it raised $75 million through a private placement of 11-year final maturity senior unsecured notes.

In attempts to push back against the campaign to turn independent owner-operators in the port drayage industry into employees, the statewide trucking trade association filed a lawsuit last week against […]

Hanjin Shipping’s plans to sell its stake in Total Terminals International to Terminal Investment Ltd. was approved Tuesday by a Seoul District Court and is now pending approval from U.S. […]

Mac R. Behnke Rentals got into an accident while transporting a shipment for Denso, damaging some of the cargo, and a court said the dispute would have to be resolved […]

The South Korean liner carrier, which reported a profit of 297 billion South Korean won on revenues of 1.078 trillion won for the third quarter of 2016, is reportedly planning […]

The ExpressRail Port Jersey facility will be located adjacent to the recently expanded GCT Bayonne container terminal and is scheduled for completion in mid-2018.

The independent containership owner and manager agreed to pay $5.2 million for each of the four 4,275-TEU containerships.

Five large terminal companies and the Port of Rotterdam Authority filed the “Global Ports Group Agreement” with the Federal Maritime Commission to promote the efficiency and effectiveness of the container […]

Five large terminal companies and the Port of Rotterdam Authority filed the “Global Ports Group Agreement” with the Federal Maritime Commission to promote the efficiency and effectiveness of the container […]

Danish ocean carrier Maersk Line said the vessels are deployed on the TP10 and TP18 services and represent about 1 percent of the carrier’s overall fleet.

In addition, ZIM said it would “upgrade” its all-water ZCP service, which deploys company-owned tonnage between Asia and the U.S. East Coast, to “offer inland destination solutions to major locations.”

The companies have entered into a collaboration for the co-management and operation of 16 berths across Terminals 4, 6, 7, 8 and 9 in Hong Kong.

The Danish ocean carrier’s acquisition of Hamburg Süd from the Oetker Group would expand its market share in Latin America and Oceania trades.

The International Chamber of Shipping said emissions trading is not appropriate for international shipping and is mostly comprised of small-and-medium-sized enterprises that typically operate with less than 10 ships.

The $800,000 grant, awarded by the U.S. Environmental Protection Agency, will pay between 25 and 40 percent of the cost to replace and upgrade 18 pieces of yard equipment at […]

The Athens-based containership owner and chartering company’s earnings were hindered by Hanjin filing for bankruptcy at the end of August and the charter restructuring agreement it entered into with Hyundai […]

The Danish shipping bank said it believes seaborne trade volumes in 2030 will be a little higher than today, growing by just 1 percent on average each year.

The London-based shipping research and consulting firm said many European importers have received annual carrier bids for contracts effective from January, with higher fixed rates than in 2016.