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

18 Apr 2014
Container traffic in Rotterdam inched up just 0.3 percent in the first quarter, as Europe’s biggest container hub confronted continuing overcapacity in the Le Havre-to-Hamburg port range and changes in the container shipping sector.
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.
10 Apr 2014
The number of foreign trade containers handled by the Port of Osaka in western Japan rose to a new record high in 2013, according to preliminary figures from the Osaka municipal government.
10 Apr 2014
U.S. shippers in the coming weeks will engage in a full-court press on Capitol Hill and at the White House to voice the importance of preventing labor disruption at West Coast ports as the expiration of the current coastwise longshore agreement approaches.
10 Apr 2014
Hapag-Lloyd plans to implement two low-water surcharges at the Port of Montreal, although some officials are questioning why, as they expect the spring thaw to begin soon.
10 Apr 2014
HSH Nordbank, the world’s largest ship financier, today announced its net loss soared to €814 million ($1.1 billion) in 2013 from €124 million ($172.4 million) in 2012, and said it doesn’t expect the global shipping market to recover before 2015 at the earliest.

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Commentary

As much of North America thaws out from a brutal winter, the burning question in freight transportation is whether the heavy congestion experienced in many areas was solely a weather-related phenomenon or whether limits in transportation capacity are finally starting to be revealed.

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