The Federal Maritime Commission said Friday it concluded its review of the proposed OCEAN Alliance, allowing the new ocean carrier alliance to take effect Monday, although it is not expected […]

The Danish liner carrier has resumed service to Iran after a five-year absence and just a year and a half after the Maersk Tigris was fired upon by the Iran […]

The U.S. District Bankruptcy Court in Newark, N.J. will hear from companies today that said Hanjin is not “promptly” informing creditors when ships go off charter.

Five leading shipowner groups have warned that unrealistic demands for carbon dioxide reductions could result in a shift toward less energy efficient transport modes.

VesselsValue Senior Analyst William Bennett found the companies will own 36 percent of the world’s open hatch/gantry fleet by deadweight tonnage and 30 percent by value.

Maersk Container Industry received a $55 million order to manufacturer 4,000 new reefer containers for Antwerp-based shipping company Seatrade Reefer Chartering.

Investments in new projects are slowing, and Neil Davidson, senior analyst in Drewry’s ports and terminals practice, warned that a sudden rebound in demand could be a problem.

An MSC spokesperson told American Shipper the reason it sold its interest in Genoa, Italy-based logistics company Aprile to Savino Del Bene was to exit the freight forwarding business.

Mediterranean Shipping Company said it will offer its transpacific “Maple” service on its own instead of together with Maersk.

Rafi Danieli, chief executive of ZIM, said in an interview with American Shipper that the carrier focuses on specific global trades, where it wants to sail, and where it has […]

Meanwhile, the Port of Los Angeles signed a partnership with the U.S. Department of Commerce and the Center for Global Supply Chain Management to advance the use of technology at […]

The Korea Herald reported South Korean liner carrier Hyundai Merchant Marine is reviewing U.S. trade assets of the former competitor.

Wilmington, Calif.-based Trapac disclosed its plans to lease an additional 57 acres and two vessel berths at the port during a meeting of Oakland’s Board of Port Commissioners last night.

Atlantic Forest Products, a wholesale distributor of building materials, has signed a long-term lease at Tradepoint Atlantic, a 3,100-acre multimodal industrial site in Baltimore.

Assets related to the South Korean shipping company’s services to the United States will be put up for sale as soon as tomorrow, multiple press reports said Thursday.

The valuation provider VesselsValue said that during the past year, the value of a 2016-built Panamax containership with 4,250 TEUs of capacity tumbled 49.57 percent, while the value of a […]

The Panama Canal Authority said APM Terminals, Terminal Investment Limited, Terminal Link and PSA International are all in the running for the concession of the Corozal Container Terminal.

Meanwhile, Hanjin has sent a note to customers that says it will allow Hanjin-owned containers to be terminated at either Terminal 46 in Seattle or Pier T in Long Beach.

October is projected to be the second-busiest month this year for import volumes at the nation’s major container ports, according to the latest monthly Global Port Tracker report from the […]

The multi-modal container transport and logistics company has expanded in the reefer business with its Samskip Logistics unit acquiring a half interest in Bergen, Norway-based Silver Sea, formerly known as […]

An increasing amount of shippers are requesting “hidden” financial data from carriers, following weak carrier financials and Hanjin’s bankruptcy filing, according to shipping research and consulting firm Drewry.

Questions remain about the economic impact of lowering the cap on sulfur levels in marine fuels, as well as whether the refining industry can produce enough low-sulfur fuel to satisfy […]

The last three months saw “some of the worst” conditions “in living memory” in the multipurpose and project cargo sectors, with little chance for any significant improvement until the end […]

Indiana Michigan Power has agreed to sell its recently retired Tanner’s Creek coal plant in Lawrenceville, Ind. to a brownfield redevelopment company that is working with the Ports of Indiana […]

The Canadian port launched a new Trucking PORTal web-based application to reduce greenhouse gas emissions by optimizing truck routes to and from the port’s container terminals.

Hyundai Merchant Marine said Thursday it will launch a new loop between Korea, China and the West Coast of North America this month.

The 500-year-old postal service acquired California’s Golden State Overnight Delivery Service for $90 million.

Meanwhile, The Federal Maritime Commission told American Shipper Tuesday that despite Hanjin no longer accepting bookings in the U.S., the commission hasn’t received any amendments to the CKYHE Alliance agreement […]

The United States’ largest independent marine terminal operator and stevedore company, Ports America, has merged its breakbulk operations at the Port of Houston with Cooper/T. Smith, forming a new joint […]

Thousands of chassis in and around the ports of Los Angeles and Long Beach have containers mounted on them that are either owned or leased by the now insolvent ocean […]

The families of the victims who died aboard the El Faro, which sank Oct. 1, 2015 during Hurricane Joaquin, lost a request for a summary judgement finding that the doomed […]

Sources said the South Korean liner carrier will lay off about 180 members of its 500 person workforce in the United States on Friday.

Japan’s Kintetsu World Express’ wholly-owned subsidiary, APL Logistics, said its employees are retracting earlier statements they made last week regarding “K” Line’s financial position.

The Japanese carrier said it will use the funds to invest in its growth, boost the company’s earnings base to increase business competitiveness, and to raise funds for vessel-related facilities.

The Port of Montreal has plans for a new terminal in Contrecoeur, while DP World signed a lease in July to expand and operate the Rodney container terminal in Saint […]

The commission said it has “reasonable grounds” to suspect the carriers engaged in collusive practices to fix incremental cargo rates from Asia to South Africa.

The International Transport Workers’ Federation criticized the U.S. Customs and Border Protection (CBP) saying it was told by CBP that it had concerns crew could try and jump ship due […]

Ron Widdows, the former chief executive officer of both Neptune Orient Lines and Rickmers Holding, told American Shipper he thought Hanjin Shipping handled its financial collapse “pretty badly.”

The nonprofit organization said Wednesday it broke ground on what will become the largest distribution hub for humanitarian medical aid in the United States.

Various media reports have speculated the sale of South Korean liner carrier Hanjin Shipping, viewing COSCO and Maersk Line as possible buyers.

The International Longshore and Warehouse Union and the Pacific Maritime Association said exploratory contact extension talks are tentatively set for Nov. 1-2.

The London-based shipping research and consulting firm said that as currently planned, “The Alliance” will be “at a size disadvantage,” making up 24 percent of East-West capacity.

The South Korean carrier said certain providers have been charging its customers more than what it would have charged to transport cargo and has tried to intervene, taking its concern […]

Matt Rose, chief executive officer of the Berkshire Hathaway-owned Class I railway, said federal regulators should consider how the sharp decline in coal traffic is affecting the nation’s railways.

Maersk Group’s intra-Americas regional carrier SeaLand said its West Coast Central America service has begun including a direct call at the Port of Hueneme in Southern California.

The effects of the South Korean carrier’s decision to file for court receivership at the end of August is being felt widespread across thousands of businesses throughout the world.

   Danish conglomerate A.P. Møller-Maersk is probably best known as the parent company of the world’s largest container shipping company, Maersk Line; the world’s third largest container terminal operator, APM […]

   The need for strict adherence to the terms of a letter of credit was made painfully clear in a recent federal appeals court decision to uphold a district court […]

In addition, the port authority’s commissioners approved a $3.4 million contract with Hatch Associates Consultants to develop a long range maritime master plan for future growth.

Thirty-five of the 97 containerships operated by the now insolvent South Korean ocean carrier have completed cargo unloading, Korea’s Yonhap News Agency reported Friday.

The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.

The Danish conglomerate said one division will focus on transport and logistics, while the other division will focus on energy.

A spokesperson from Hanjin told American Shipper Monday that 28 of the ships it operates have completed cargo unloading.

The Singapore-based ocean carrier, the parent of which was acquired by CMA CGM earlier this year, will purchase slots on the French line’s Victory Bridge loop between Europe, the U.S. […]

While spot freight rates measured by the Shanghai Containerized Freight Index from China to Northwest Europe and the Mediterranean continued to rise, prices to the United States either remained the […]

The International Longshoremen’s Association has reversed an earlier decision, and agreed to once again work ships operated by the now insolvent South Korean ocean carrier.

The Canadian port said it is looking into creating a breakbulk and bulk import/export terminal on Kaien Island, following the loss of breakbulk and general cargo capacity in 2007 when […]

Despite the Port of Los Angeles reporting that August was its strongest month for container volumes since October 2006, the Port of Long Beach posted an 8.9 percent year-over-year drop […]

The President of South Korea, Park Geun-hye, said corporate responsibility and moral hazards are creating adverse effects on its national economy and the government will not blindly support companies in […]

The Taiwanese ocean carriers have added new functions to their online systems in response to the unexpected service disruptions caused by Hanjin Shipping’s insolvency.

The new Copenhagen-based company LinerGrid said it uses advanced mathematical simulations to provide container lines with information in order to make decisions.

The container leasing company said as of Sept. 2, approximately 4.8 percent of its total owned and managed fleet, in terms of TEUs, was leased to the South Korean ocean […]

The so-called “Freight Shuttle System” was conceived to resolve one of freight transportation’s most pressing needs, moving goods 500 miles or less.

The now insolvent South Korean ocean carrier released a status update Monday on the 97 vessels it operates, which illustrated that 59 of these vessels are still waiting in open […]

The South Korean ocean carrier has started discharging cargo in Long Beach following a court order from a U.S. bankruptcy court on Friday to protect the carrier.

Electronics manufacturer Samsung said in court filings that “cargo owners are being held hostage,” while Maher Terminals said it “is not required to extend free credit to Hanjin, and should […]

Jon Slangerup announced his resignation as chief executive officer of the Port of Long Beach and accepted a position as chairman and CEO of a leading aviation technology company.

Electronics manufacturer Samsung said in court filings that “cargo owners are being held hostage,” while Maher Terminals said it “is not required to extend free credit to Hanjin, and should […]

Cargo aboard the 4,600-TEU Hanjin Scarlet is currently being discharged at the Port of Prince Rupert in British Columbia.

Several ocean carriers have decided to launch various routes in order to fill the void from Hanjin’s halted operation.

The world’s two largest container shipping carriers, Maersk Line and MSC, are beefing up their presence on the transpacific trade in the wake of Hanjin Shipping filing for receivership in […]

The trade organization has called on terminals that are currently holding containers because of Hanjin’s financial troubles to release those containers immediately.

Members of California’s congressional delegation asked the federal government to get involved in the Hanjin insolvency, and Rep. Loretta Sanchez said Hanjin’s stranded ships may have goods needed to keep […]

Members of California’s congressional delegation asked the federal government to get involved in the Hanjin insolvency, and Rep. Loretta Sanchez said Hanjin’s stranded ships may have goods needed to keep […]

The South Korean ocean carrier filed for recognition of its Korean insolvency proceeding in the United States Friday in the U.S. Bankruptcy Court for the District of New Jersey and […]

The shipping industry is being roiled by Hanjin’s decision to file receivership, with spot rates surging, cargo being stranded on vessels, and now lawsuits are being filed by shipowners.

The Shanghai Containerized Freight Index jumped 27.9 percent since last week to a reading of 763.06, reflecting Hanjin’s decision to file for receivership.

Carriers may seek to “turn the table” on shippers who drove hard bargains, but an upturn in rates may be short-lived.

Following Hanjin Shipping filing for receivership, Hyundai Merchant Marine will start up two new services, one between Korea and the U.S. and one between Korea and Europe.

The 3rd U.S. Circuit Court of Appeals affirmed the dismissal of a federal complaint filed against the Waterfront Commission of New York Harbor over a hiring dispute.

Korea’s Financial Services Commission said the government will promote sales of Hanjin Shipping’s core assets to Hyundai Merchant Marine in a bid to maintain competitiveness of the Korean shipping industry.

Korea’s Financial Services Commission said the government will promote sales of Hanjin Shipping’s core assets to Hyundai Merchant Marine in a bid to maintain competitiveness of the Korean shipping industry.

The future of South Korea’s largest container shipping company looks grim, with numerous media outlets reporting lenders are refusing to extend the company additional credit.

The South Korean ocean carrier has reached a deal with containership charterers and other creditors, according to Korean media outlets.

The German ocean carrier’s shareholders of Friday approved all items on the agenda for the annual meeting, most notably including the approval of new authorized share capital, which will be […]

However, Hanjin’s creditors plan to decide whether to put the liner carrier under receivership by Tuesday, Yonhap news agency reported.

Rickmers Holding AG and E.R. Capital Holding said they have jointly decided not to pursue the merger of their ship management activities “for the time being.”

The Honolulu-based shipping company agreed to pay $511 million for both of the Kanaloa Class vessels from General Dynamics NASSCO.

Members of the U.S. Federal Maritime Commission voted in favor of requesting additional information from the four shipping companies planning to create the Ocean Alliance.

The South Korean ocean carrier submitted a financial improvement plan to the state-run Korea Development Bank Thursday, but did not reveal details on the plan.

The German ocean carrier said its merger with UASC will create the world’s fifth largest container carrier and secure the large ships it needs for the Far East-Europe trade.

The London-based shipping research and consulting firm said it forecasts slow growth in the world container fleet of four to five percent per year through 2019.

However, individual terminals at the ports of Los Angeles and Long Beach will negotiate directly with chassis leasing companies over compensation for storing chassis and providing services to lessors.

However, individual terminals at the ports of Los Angeles and Long Beach will negotiate directly with chassis leasing companies over compensation for storing chassis and providing services to lessors.

The global logistics and transportation services provider commenced operations at Pier 80 at the Port of San Francisco yesterday where it was awarded a 15-year lease to operate the terminal.

Ninety-five percent of hides produced in the United States are shipped in containers to leather producers, primarily in the Far East, but also other countries around the world.

The containership charterer said in a filing with the U.S. Securities and Exchange Commission last Thursday that past due accounts receivable from South Korean ocean carrier Hanjin Shipping had grown […]

The $114.3 million deal is expected to be completed around late November.

DSF said it expects intra-regional trades to grow in importance at the expense of the main east-west trades.

Richard Lidinsky    Richard Lidinsky, who in July stepped down after seven years as one the five members of the U.S. Federal Maritime Commission, kept a fanciful cartoon from the […]