Container Shipping

(BIMCO) – 2015 was a busy year for container traffic on the eastern coast of the US. 7.9 million TEU of loaded containers entered the US East Coast in

COPENHAGEN, Feb 16 (Reuters) – Maersk Line, the world’s largest container shipping company, said on Tuesday it would change the way it publishes

By Alex Longley (Bloomberg) — Little more than a year ago, shipping companies hauling everything from furniture to electronics across the world’s

By Foo Yun Chee BRUSSELS, Feb 10 (Reuters) – Leading shipping container groups Maersk, MSC and 13 other firms have offered to change their pricing

By Ole Mikkelsen COPENHAGEN, Feb 10 (Reuters) – Denmark’s A.P. Moller-Maersk tumbled to a loss of $2.5 billion in the last three months of 2015

By Mike Wackett (The Loadstar) – The jury is out as to whether the dramatic fall in oil prices in the past two years has produced a net benefit

Updates: CSCL Indian Ocean Grounding One of the world’s biggest containerships is hard aground in Germany’s Elbe River leading to the port of

PARIS, Jan 28 (Reuters) – France’s CMA CGM, the world’s third-largest container shipping group, will expand its presence in Iran after

By Mike Wackett (The Loadstar) – Lower bunker costs are “very welcome in an industry struggling to make a profit”, says shipping industry association

COPENHAGEN, Jan 26 (Reuters) – Global container ship capacity is expected to increase by 4.6 percent in 2016, the slowest growth rate in more than 25

Abu Dhabi-based petrochemical company Borouge and Maersk Line inked an agreement to reduce carbon dioxide (CO2) emissions for their shipments. The Carbon Pact

Construction of a second Poe-sized Lock is critical to Michigan and the United States, Michigan Governor Rick Snyder said in his State of the State address

Netherlands-based Vroon said it has taken delivery of VOS Primrose, a KCM-80m platform-supply vessel (PSV). VOS Primrose, which will be managed by Vroon

New Jersey-based stevedore and terminal operating company Ports America will invest in Los Angeles, Long Beach, the Pacific Northwest and western Canada as

By Mike Wackett (The Loadstar) – Analysts agree there is no recovery in sight for the beleaguered containership charter market, which is facing its

By Jonathan Saul LONDON, Jan 20 (Reuters) – United Arab Shipping Company is resuming business with Iran following the lifting of Western sanctions,

By Christian Wienberg and Jonathan Ferro (Bloomberg) — Container volumes have picked up this year after the market suffered from sluggish growth and

By Yu-Huay Sun (Bloomberg) — Chang Yung-fa, the billionaire founder of Evergreen Group who turned a second-hand bulk carrier into Asia’s biggest

By Mike Wackett (The Loadstar) – According to shipbroker Braemar ACM, as at the beginning of this week six container vessels, equating to 14,000 teu, had

By Mike Wackett (The Loadstar) – The seemingly never-ending quest by ocean carriers to operate bigger ships was a significant spur for orders for 60