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

17 Apr 2014
Vehicle carriers are increasing their share of the roll-on, roll-off market while conventional ro-ro vessels are in decline, according to a new report by the Dutch consulting firm Dynamar.
Hamburg Süd container in Brazil
01 Apr 2014
Hamburg Süd’s revenue declined 3.9 percent in 2013 on subdued demand in its key South American market, falling freight rates and a weaker US dollar.
01 Apr 2014
Transportation writer Greg Knowler joined the JOC today as senior editor for Asia.
01 Apr 2014
MPC Group and Thien & Heyenga, the leading German ship management companies, have taken over the financially troubled Ahrenkiel Group in the latest consolidation in the nation’s crisis-ridden charter shipping sector.
01 Apr 2014
WASHINGTON — A group representing agricultural shippers and forwarders has warned members to prepare for labor disruptions and slowdowns at U.S West Coast ports starting in June and to make contingency plans
BMW exports autos through Port of Charleston
01 Apr 2014
South Carolina’s new inland port at Greer will get a big increase in the volume of autos and containers it handles for rail shipment to and from the Port of Charleston over the next couple of years. The leg up will come from the $1 billion investment that BMW announced March 28 to expand production at its automobile plant in nearby Spartanburg over the next two years.
31 Mar 2014
It’s not fiesta time for shippers or carriers south of the border — south of the Panama border,
31 Mar 2014
JOC Economist Mario Moreno has lowered his forecasts for the U.S. containerized trade with both coasts of South America.
CMA CGM Marco Polo
31 Mar 2014
CMA CGM’s net profit surged almost 23 percent in 2013, driven by the sale of a stake in its ports unit, but the French ocean carrier lost money in a volatile fourth quarter.
Ocean Carrier Rate Revision Roundup for March 28
28 Mar 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.
28 Mar 2014
The two largest Chinese container lines have more reason to work together after they both continued to suffer from overcapacity and lackluster demand in the container shipping industry in 2013.

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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.