Maritime News

Maritime is the movement of international trade generated by freight companies. Whether moving by container ship, heavy lift vessel or tanker, maritime accounts for some 90 percent of all global trade by volume. Container shipping handles the vast majority of consumer goods — from retail products and food to autos and auto parts. Heavy lift vessels handle big equipment for projects such as refineries, infrastructure and wind energy.

Check out the latest ILA coverage from the JOC.

News & Analysis

Michael Behrendt, chairman of the executive board of Hapag-Lloyd (left), and Oscar Hasbún, CEO of CSAV, today at Hapag-Lloyd headquarters in Hamburg after the signing.
16 Apr 2014
Hapag-Lloyd and CSAV signed a binding contract to complete a merger to create the world’s fourth-largest container line.
16 Apr 2014
The “Daily Maersk” product was supposed to solidify Maersk’s position as the leading carrier on the Asia-North Europe trade, but less than three years after its launch, Maersk has lost market share in the lane and triggered a rate war, setting the stage for a carrier showdown, Alphaliner said in its latest newsletter.
Stern of Maersk vessel
16 Apr 2014
Is Maersk Line, the world’s largest ocean carrier, showing that the age-old demons of container shipping — overcapacity, volatile spot rates and commoditized service — can finally be slain?
Illustration of possible remote-controlled vessels
15 Apr 2014
Imagine a cargo ship with no crew and no bridge, operated remotely by a captain from a console on dry land.
U.S. containerized imports, March 2013 to March 2014
14 Apr 2014
U.S. containerized import volume jumped 15.1 percent year-over-year in March 2014, the largest increase in 13 months, according to advance figures from PIERS, the data division of JOC Group Inc.
14 Apr 2014
Shippers can expect more cargo to be “rolled” to later voyages as container lines continue to cut costs by slow-steaming and laying up vessels, Drewry Maritime Research said in its latest Container Insight Weekly.
Tom Sproat
14 Apr 2014
Tom Sproat, senior vice president, Maersk Line, discusses progress on the carrier’s eight-point customer charter, including the role of metrics and dialogue with customers.
11 Apr 2014
The International Labor Organization voted to support amending an international labor convention by requiring shipowners to provide financial security to compensate seafarers abandoned at ports away from their native countries.
The SCFI for North Europe dropped 6.9 percent in the week ending April 11.
11 Apr 2014
Spot container freight rates measured by the Shanghai Containerized Freight Index were mixed this week, as the Asia-Europe lane observed declines while the Asia-U.S. route saw gains.
Ocean Carrier Rate Revision Roundup for April 11
11 Apr 2014
Multiple carriers have planned rate increases in various trade lanes in April and May, although any gains achieved could be fleeting as overcapacity and lackluster global demand continues.

Pages

Commentary

In my 42-plus years in the industry, I’ve seen many variations of what we now call alliances — joint services, slot-charter arrangements, vessel-sharing agreements, alliances and now mega-alliances — and more no doubt will follow.