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

10 Jul 2014
With the body of the failed P3 Network still warm, the world's top two carriers have announced a new global agreement without CMA CGM.
02 Jul 2014
Ocean container carriers must prioritize cost reductions this year to counter lower contract freight rates and volatile spot markets, according to Drewry Maritime Research.
02 Jul 2014
WASHINGTON — U.S. Federal Maritime Commissioners yesterday unanimously voted to allow CKYH partners and Evergreen Line to discuss cooperating in the trans-Pacific and trans-Atlantic trades.
02 Jul 2014
DP World London Gateway has gained its fifth service since opening in November 2013, following Hapag-Lloyd and Mitsui O.S.K. Lines’ merger of their Europe-West Africa joint services.
01 Jul 2014
Global sea and air freight rates could decline by as much as 2.5 percent by the end of 2014, experts at Drewry Maritime Research say.
01 Jul 2014
Beneficial cargo owners and harbor trucking companies that consistently experience long turn times at container terminals may want to fire their ocean carriers.
Port of Oakland
01 Jul 2014
With China’s rejection of the P3 Network in mid-June, West Coast ports no longer have to fear that a single operational entity will gain huge leverage in negotiations over port calls and terminal charges.
01 Jul 2014
Forwarders and non-vessel-operating common carriers will learn by the end of the year just how far the U.S. Federal Maritime Commission has mitigated many of their concerns with a proposed overhaul of ocean transportation intermediary rules.
01 Jul 2014
Former Damco head Rolf Habben Jansen takes over as CEO of Hapag-Lloyd, effective today.
01 Jul 2014
An Israeli court is due to rule on the state’s “golden share” in Zim after the ocean carrier failed to reach agreement with the Israeli government over the controversial issue.
01 Jul 2014
Steven L. Rubin has been named interim president and CEO at Horizon Lines following the resignation of Samuel A. Woodward, who had headed the Jones Act domestic carrier for the last two years.

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Commentary

Maybe you’ve heard about China’s rejection of the P3 Network. In all seriousness, I’m hesitant to cover an issue such as this because of the overwhelming analysis and observation that has come before me. But I have strong feelings about why China refused to allow it and a lot of questions about the real outcome.