Container Shipping

Evergreen Marine Corp., operator of Asia’s No. 2 container-shipping line, had its first quarterly profit in a year as sales increased on higher freight

HONG KONG–The head of shipping giant China Cosco Holdings Co. (601919.SH) on Thursday cast a downbeat light on the shipping industry, saying the current

SHANGHAI–China Shipping Container Lines Co. (2866.HK), the country’s largest container shipper by capacity, said Wednesday its net loss for the

International cargo shipper Goldenport Holdings Inc. (LSE: GPRT) announced today that it has agreed to acquire the sub-Panamax, 2,100 TEU container vessel

Mariners in the Gulf of Mexico region reported to us yesterday of a continual alert being received over distress frequencies off Cuba, one that we have been

Athens-based containership owner/operator, Costamare Inc. (NYSE: CMRE) announced today that it has purchased the 15 year-old, 2,458 TEU container vessel

The final three of six new ZPMC super-post Panamax cranes arrived at the Port of Seattle in late July aboard the heavy lift semi-submersible, Zhen Hua 23,

Shipping lines that carry generators and giant trucks for General Electric Co. and BHP Billiton Ltd. are becoming takeover targets amid a lack of funding for

The world’s container lines can’t raise freight rates fast enough to cover soaring fuel prices as persistent overcapacity works against the

More than a month since erupting in flames and smoke while 1,000 miles from land in the Atlantic ocean, the MSC Flaminia has been granted access to a

The M/V Vega Sagittarius sits high above the water after running aground last week near Nuuk, Greenland. The 11,811 dwt vessel, which is chartered by Royal

Hapag-Lloyd on Friday held a naming ceremony for what is now officially the “Hamburg Express”, the first of ten new 13,200 TEU vessels and

(Bloomberg) — Hapag-Lloyd AG, Europe’s fourth- largest container-shipping line, reported a second-quarter loss after soaring fuel costs offset

(Bloomberg) — Growth in Hamburg is stalling as Europe’s fiscal crisis spreads into China and other Asian countries, threatening the recovery of

Controlling rougly 40 percent of the global container trade, the Germans are a superpower in the world of shipping, however that may be coming to an abrupt

Firefighting crews have continued to make progress on the burned out MSC Flaminia while salvage experts have been successful in reducing the listing of the

(Bloomberg) — A.P. Maersk-Moeller A/S’s planned fleet of the world’s largest container vessels will be as groundbreaking for their shape as

(Bloomberg) — Neptune Orient Lines Ltd. said its container-shipping arm, Asia’s third-biggest, had the first quarterly profit since 2010 because of

An agreement was filed yesterday in U.S. District Court in San Juan, Puerto Rico, in which Crowley Liner Services, Inc. (CLSI) agreed to plead guilty to

Crowley Liner Services (CLSI) on Monday was slapped with a $17 million fine after pleading guilty to felony price fixing charges relating to its freight