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

Shanghai-Northern Europe SCFI
11 Jul 2014
One week after spot rate gains from Shanghai to the United States and Europe, rates on the Shanghai Containerized Freight Index dropped yet again.
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.
30 Jun 2014
The P3 was a traditional vessel-sharing agreement, albeit a very large one, but for one distinct element that made it unprecedented in the annals of container shipping: its joint operations center.
Maersk ship in Tanjung Pelepas
30 Jun 2014
Container lines considering launching major highly structured vessel-sharing agreements in Chinese trade lanes would be wise to consider factors other than just market share, said an attorney familiar with Chinese transportation policy.

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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.