The London-based firm said it projects that container freight rates will rise modestly over the next 18 months from the all-time lows reached recently, but it won’t be sufficient enough […]

The terminal operator said all of its gate operations are running normally, with vessel schedule integrity remaining unaffected by the new verified gross mass rule, which took effect last Friday.

The United States Senate also confirmed the reappointment of Federal Maritime Commissioners Rebecca F. Dye and ​Michael A. Khouri, whose terms will now last until 2020 and 2021, respectively.

Meanwhile, the Agriculture Transportation Coalition is asking the Federal Maritime Commission to step forward and discourage carriers and terminals from imposing fees for verified gross mass compliance in the United […]

The container terminal operator reached an agreement with joint venture partner Aarhus Service Holding for the purchase of the remaining 40 percent of the existing APM Terminals-Aarhus terminal.

The Arab ocean carrier’s shareholders would own 28 percent of the combined company, while the existing shareholders of Hapag-Lloyd would own 72 percent of the new company.

Terminals and carriers rush to clarify how shippers can meet the International Maritime Organization’s requirement scheduled to go into effect tomorrow, in which shippers must provide the verified gross mass […]

The Ocean Carrier Equipment Management Association said that a key benefit of the terminal weighing approach is that shippers will not be required to perform any additional actions in order […]

The Oakland, Calif. City Council passed an ordinance to ban the storage and handling of coal and coke at bulk terminals in the city, representing the latest blow to Terminal […]

The National Transportation Safety Board said its mission to recover the El Faro’s voyage data recorder will be delayed a month from early July to early August.

The United Seamen’s Service’s 2016 Admiral of the Ocean Sea Awards will be presented to a ferry operator, union leader and a chairman of a classification society at the Sheraton […]

Container pricing today is more likely to be based on a carrier’s cost of providing the service and the value of a customer’s business, rather than what on what is […]

2016 looks like it will be an even more difficult year for container carriers.

   The congestion at port terminals on the West Coast that developed in 2014-2015 during contract negotiations between the International Longshore and Warehouse Union and employers created many shipper-carrier conflicts. […]

German ocean carrier Hapag-Lloyd reached an agreement with United Arab Shipping Company on a merger that would make Hapag-Lloyd the fifth largest container carrier in the world.

German ocean carrier Hapag-Lloyd reached an agreement with United Arab Shipping Company on a merger that would make Hapag-Lloyd the fifth largest container carrier in the world.

The Panama Canal’s third lane opened for business, following Sunday’s transit of the 9,472-TEU COSCO Shipping Panama.

The 9,742-TEU containership COSCO Shipping Panama began its historic passage through the expanded waterway, construction of which began back in 2007, Sunday morning.

The first commercial passage of a neopanamax containership through the new locks and third lane of the canal will occur on Sunday with the 9,472-TEU COSCO Shipping Panama.

The so-called “Brexit” vote, in which voters will decide whether the United Kingdom should remain a part of the European Union, could have wide ranging effects on the shipping industry, […]

The South Korean ocean carrier has continued to receive good support from its customers as it restructures its finances.

The agricultural export group, which has been a critic of the container weight regulation implementation process, praised South Carolina Ports Authority CEO Jim Newsome for suggesting the use of port […]

Pacific Maritime Association President and CEO James McKenna said he expects to hear from International Longshore and Warehouse Union this summer on whether it wants to discuss the extension of […]

Ocean carriers should “embrace the obvious solution” terminal operators can offer to ensure compliance with the International Maritime Organization’s new verified gross mass regulations, says Federal Maritime Commission Chairman Mario […]

A recent report authored by eight U.S. governors and two Canadian premiers sees untapped potential for moving container and roll-on/roll-off cargo in the Great Lakes and St. Lawrence Seaway.

The accumulation of high value cargo will increase as bigger ships gather for passage through the newly expanded Central American waterway, increasing insurance risk, according to a new report from […]

With cargo volumes near all-time peak levels, May 2016 still qualified as the second-busiest May in the Southern California port’s 105-year history.

Choi Eun-young, a former chairwoman of struggling South Korean ocean carrier Hanjin Shipping, is not seen as a flight risk and has pledged to cooperate in the insider trading investigation, […]

Due to the deterioration of container freight rates and the subsequent drop in carrier financial results, analysts with Drewry Maritime Equity Research foresee a possible combination of Korean and Japanese […]

A combination of Hanjin Shipping and Hyundai Merchant Marine, the two largest ocean shipping companies in South Korea, could, at least for the time being, rank as the fifth largest […]

Rampant overcapacity and the resulting price war between carriers in the container shipping market has caused substantial further reductions in contract rates for exporters and importers buying under contract.

The struggling South Korean ocean carrier recently removed vessels from two services between Asia and North Europe, according to data from ocean carrier schedule and capacity database BlueWater Reporting.

Singapore-owned investment firm Temasek, along with its affiliates, tendered their shares of Neptune Orient Lines (NOL), boosting CMA CGM’s stake in NOL to 78.07 percent.

The West Coast port handled 83,969 TEUs of loaded containerized exports in May, the largest number of loaded export containers its handled since October 2014.

South Korean ocean carrier Hyundai Merchant Marine signed a charter rate negotiation agreement with five containership owners for a charter rate reduction of about 20 percent.

Rep. Gary Palmer, R-Ala., was unsuccessful in persuading the House Rules Committee in getting his proposed amendment to exempt Puerto Rico from the Jones Act included into the Puerto Rico […]

The Jones Act requires waterborne cargo between two points in the United States to be transported on vessels that are American built, owned and crewed.

The CSAV executive, Mauricio Javier Garrido Garcia (Garrido), is accused of participating in the conspiracy from as early as 2000 until at least September 2012.

The San Rafael, Calif.-based global logistics and transportation services provider will begin processing vehicles in Baltimore next month.

The plantiffs claimed the U.S. Coast Guard violated the Administrative Procedures Act in its rule-making procedure in developing the pilotage rates, which have jumped about 114 percent over the past […]

The National Transportation Safety Board will attempt to retrieve the El Faro’s voyage data recorder in July, which is located in about 15,000 feet of water near the Bahamas.

The Port of Oakland’s largest marine terminal will continue night operations even after a port subsidy expires this month, but will assess a $30 flat-fee on all loaded import and […]

The container and railcar leasing company has acquired Hybrid Logistics, Inc. and its General Transportation Services, Inc affiliate, which are asset-light truck brokers with a focus on flatbed truck and […]

The South Korean shipping conglomerate has already reached a deal with Zodiac Marine, according to shipping publications Lloyd’s List and Tradewinds.

Announcements by terminal operators in Oakland and Los Angeles/Long Beach are “positive steps toward achieving the flexibility of compliance” with the new SOLAS verified gross mass rule, says Federal Maritime […]

A combination of businesses between United Arab Shipping Co., which is jointly owned by the governments of six wealthy Middle Eastern nations, and Hapag-Lloyd of Germany has “strategic value,” and […]

As a result of a 7-to-1 share reduction for Hyundai Elevator, Hyundai Global and Hyundai Group Chairman Hyun Jeon-Eun, the Korea Development Bank will become the largest shareholder of struggling […]

Under the three-year deal with global aluminum manufacturer RUSAL, annual cargo volumes could reach 10,000 TEUs, according to Danish ocean carrier Maersk Line.

Continued weighing at port facilities might provide a convenient way for exporters to comply with the upcoming International Maritime Organization verified gross mass container weight regulations due to go into […]

The Green Bay, Wis.-based trucking and logistics firm announced the acquisitions of Watkins & Shepard and Lodeso, which both specialize in the delivery of difficult-to-handle goods such as furniture and […]

Drivers are striking four companies doing business in and around the ports of Los Angeles and Long Beach, claiming they are being misclassified as independent contractors instead of employees.

Meanwhile, the state of Georgia dedicated a new road connecting the Port of Savannah to I-95, saying it will speed cargo flow and improve safety.

The French ocean carrier reported it will pay 1.3 Singapore dollars (U.S. $0.94) for the Neptune Orient Lines’ shares it does not already own, control or has agreed to acquire.

The ocean carrier alliance, consisting of Maersk Line and MSC, will adjust its Asia-North Europe network, which includes five services.

The Icelandic government, two Icelandic municipal authorities and the EFLA engineering company signed a memorandum of understanding to promote the creation of a new port in the northeast corner of […]

SSA Marine’s Oakland International Container Terminal will make appointments mandatory for the majority of containerized import pick-ups in order to shorten lines at terminal gates and speed up cargo delivery […]

Federal Maritime Commission Chairman Mario Cordero said one of the items that has been on his agenda since becoming chairman in 2013 is to have a better funded and better […]

The Israeli ocean carrier experienced a net loss of $56 million in the first quarter of 2016, compared to profit of $12 million in the first quarter of 2015.

South Korean ocean carrier Hanjin asked Seaspan and others for a reduction in existing charter rates for a period of three and a half years in exchange for securities in […]

   2016 promises to be one of the busiest years in the history of ship recycling, said Anil Sharma, the president and chief executive officer of GMS Inc.    Shipbreakers […]

   The 3rd Circuit of the U.S. Court of Appeals has affirmed the right of ocean carriers, including non-vessel-operating common carriers, to have contracts that extend common law maritime liens. […]

However, the International Maritime Organization’s Maritime Safety Committee said there should be no delay in the implementation of the verified gross mass rule.

South Korean shipping conglomerate Hyundai Merchant Marine, which said it is continuing efforts to stabilize its business, predicts that normalization of its business is only a matter of time.

The German ocean carrier decided to postpone its annual general meeting originally scheduled for June 1 for a later date, due to continuing talks with UASC about a combination of […]

Vanguard says LCL shippers need premium service from it, forwarders and liner carriers.

However, the International Maritime Organization’s Maritime Safety Committee said there should be no delay in the implementation of the verified gross mass rule.

The French ocean carrier saw revenues for the quarter tumble 15.3 percent year-over-year to $3.4 billion.

The container terminal operator made the statement Thursday that it would continue to put forth effort to bring container service to the port in response to the news that Westwood […]

The port will need $181.5 million over the next five to 10 years to bring it into good repair and meet current requirements, according to a draft strategic master plan […]

The French ocean carrier transported 2.9 percent more containers, but saw the average freight rate tumble 17.6 percent when compared to the first quarter of 2015.

The growth in demand for seafarers could generate a serious shortage unless training levels are increased significantly, according to a report by the Baltic and International Maritime Council and International […]

The 19 ocean carrier members of the Ocean Carrier Equipment Management Association are collaborating with six major East and Gulf coast ports to establish a common streamlined “Terminal Weighing Approach.”

The Puyallup, Wash.-based shipping company’s last call at the Port of Portland, Ore. will be Saturday, May 21.

Sen. John Thune, R-S.D. asked Federal Maritime Commission Chairman Mario Cordero for the agency staff to brief the committee staff on this issue by no later than May 31, 2016.​

The Northwest Seaport Alliance handled higher volumes of loaded container imports and loaded container exports in April compared to April 2015.

Ship owners on Wednesday broke off rate negotiations with struggling South Korean shipping conglomerate Hyundai Merchant Marine without reaching an agreement, according to multiple reports from Korean media outlets.

Ship owners on Wednesday broke off rate negotiations with struggling South Korean shipping conglomerate Hyundai Merchant Marine without reaching an agreement, according to multiple reports from Korean media outlets.

Approximately 37.5 percent of imports to the United States were contracted by non-vessel operating common carriers in the first quarter of 2016, according to research firm Datamyne.

The new shipping line will commence a new service between China and Australia, which will deploy five ships with a nominal capacity of 5,000 TEUs.

The port said it wants to have 3,000 drivers using the new application, which allows them to view waiting and transaction times at container terminals, by June.

The inland river port’s reconstructed 720-foot dock is equipped with a 200-ton bridge crane and over 6,000 track feet of new rail.

A sense of what the container shipping industry may look like a year from now has started to emerge as ocean carriers seek to avoid a financial wreck from overcapacity […]

However, the growth will still be enough to add about 680,000 TEUs of capacity, resulting in the world’s container fleet surpassing the 20 million-TEU mark.

Negotiations between the HNA Group and CWT’s controlling shareholder, C & P Holdings, follows an agreement in February to acquire California’s Ingram Micro and an April announcement it would buy […]

The less-than-container-load service will receive freight in Shanghai, Dalian, Guangzhou, Hong Kong, Ningbo, Qingdao, Shenzhen, Tianjin and Xiamen.

Christian Blauert has been appointed the new chief executive officer of Yilport Holding, effective June 1, 2016.

The German ocean carrier posted a net loss of 42.8 million euros (U.S. $48.4 million) on revenues of 1.93 billion euros.

However, the port’s outbound container volumes fell 1.1 percent year-over-year in April to 144,103 TEUs.

The proposed ocean carrier alliance will include Hapag-Lloyd of Germany; Japan’s MOL, NYK and “K” Line; Taiwan-based Yang Ming; and South Korean line Hanjin, and could potentially add Dubai-based UASC […]

The proposed ocean carrier alliance will include Hapag-Lloyd of Germany; Japan’s MOL, NYK and “K” Line; Taiwan-based Yang Ming; and South Korean line Hanjin, and could potentially add Dubai-based UASC […]

Direct ChassisLink, Inc., which was established in 2012 by its current owner Littlejohn & Co., has grown its equipment fleet to 120,000 marine chassis and 92,000 rail intermodal containers.

A sale could help struggling South Korean shipping conglomerate Hyunda Merchant Marine raise cash as it attempts to restructure its massive debts.

The Port of San Francisco Commission this week approved Pasha’s plans to take over Pier 80, which the ocean carrier will primarily use to handle automobile imports and exports, along […]

“Orphan carriers” excluded from the 2M Alliance and the proposed OCEAN Alliance are scheduled to brief the Federal Maritime Commission Wednesday.

Neither Ports America nor owner Oaktree Capital will discuss a possible sale of the nation’s largest port terminal operator, but Yildirim Holdings President Robert Yildirim said talks have advanced to […]

Neither Ports America nor owner Oaktree Capital will discuss a possible sale of the nation’s largest port terminal operator, but Yildirim Holdings President Robert Yildirim said talks have advanced to […]

The price of an average container fell 15 percent during the first quarter of 2016, according to a recent report from London-based shipping consultant Drewry Maritime.

Neptune Orient Lines attributed the loss to deteriorating freight rates, but anticipates the proposed acquisition of APL by CMA CGM should help the company regain profitability.

The London-based shipping consultant is predicting that carrier profit margins this year will be influenced by big swings in both prices and costs.

The 4,650-TEU Safmarine Meru, the first ship on the 2M Alliance’s new TP18/Lone Star Express service, had only 400 containers on board, while the other ship, the Northern Jasper, was […]