April 26, 1956, is widely regarded as a key date in the history of container shipping when standardised containers were first used to transport cargo by sea. The converted tanker ‘Ideal X’, which ...

The world’s biggest container lines are on course to post profits in 2022 that will top last year’s record by 73%, according to a new forecast, buoyed by logistics and labor strains that are squeezing ...

Japan’s three biggest shippers agreed to combine their container operations to create the world’s sixth-largest box carrier, as the industry steps up consolidation this year amid a global turmoil in ...

Maersk Line has been the most profitable container shipping line over the past few years. The company is the largest container shipping line in the world by both ships and TEU capacity. Due to the ...

Roughly two years after the U.S. Justice Department launched a price-fixing investigation into the world's biggest shipping lines, the agency has closed its probe without taking any action. The ...

Kawasaki Kisen Kaisha Ltd., Mitsui O.S.K. Lines Ltd. and Nippon Yusen Kabushiki Kaisha have agreed to establish a new joint-venture company to integrate the container shipping businesses (including ...

Container shipping lines need to shrink or merge to weather one of the worst downturns in decades, industry experts say. Marine carriers face “gale force headwinds” this year, with the global ...

A gradual return to the Red Sea route after long detours around the Cape of Good Hope is the key thing to watch for in ...

LONDON/SINGAPORE (Reuters) - The U.S. Justice Department has ordered top executives from several container shipping lines to testify in an antitrust investigation over practices by an industry that is ...