Maritime News

Maritime News

Up-to-the-minute maritime news articles about every aspect of the industry, including ports, container and breakbulk lines; and ships and ship chartering. Coverage also includes the impact of recent industry mergers and acquisitions, and of emerging new technologies such as blockchain, artificial intelligence, and the Internet of Things.

From the largest container lines such as CMA CGM, MSC (Mediterranean Shipping Co.) and Maersk Line to smaller carriers such as Eimskip and Atlantic Ro-Ro Carriers, JOC.com covers the entire industry with unequaled intelligence, data, insight, statistics, and analysis. JOC.com regularly updates its proprietary data about the activity of largest ports, container lines, breakbulk lines and other stakeholders in the maritime shipping sector,

News & Analysis

20 May 2019
A proposal to impose mandatory speed limits on ocean vessels faces an uncertain future after being tabled at last week’s meeting of the IMO’s Marine Environmental Protection Committee.
20 May 2019
Port proponents worry newly threatened tariffs from the Trump administration on ship-to-shore cranes and containers will dampen investment and productivity, as the recent escalation of tariffs pushes up chassis production costs.
20 May 2019
Shallow Panama Canal draft limits have already pushed up spot rates from Asia to the East Coast, with the cost of moving an FEU up 14 percent year over year.
16 May 2019
In the latest step in the ocean carrier’s transformation into a “global integrator” of container logistics, Maersk Line has folded in the inland services formerly operated by APM Terminals.
16 May 2019
Digital Container Shipping Association officials say improving standards around cargo visibility is a top priority of the new carrier coalition.
15 May 2019
Container carriers skipped sailings on two loops and slowed service on another between Asia and the east coast of South America, but the resulting bump in spot rates was short lived.
15 May 2019
Before May 5, when President Donald Trump announced that tariffs on $200 billion of Chinese imports would rise from 10 percent to 25 percent, carriers were relatively sanguine about 2019 and for good reasons.
15 May 2019
Higher volumes for HMM and Yang Ming drove better operating results, but both are still struggling to attain profitability.
14 May 2019
It’s a nerve-wracking time for established forwarders. These new entrants are faster than them, and at the same time carriers are pushing more of them to go online with digital solutions.
14 May 2019
The European Commission is eyeing Cosco’s deepening reach into the European port sector, as well as the broader issue of state subsidies to Asia-based carriers and shipyards.
14 May 2019
The European Commission’s competition regulator warned that shipper suggestions that carriers create a uniform bunker adjustment factor (BAF) surcharge would be viewed as a “hardcore violation” of antitrust rules.
14 May 2019
Come visit the JOC Gulf Shipping Conference 20
14 May 2019
Adding five new members may give the Digital Container Shipping Association the quorum needed to press forward with the development of standard data protocols.
13 May 2019
The conclusion of annual trans-Pacific service contracts this month showed that container lines for the most part got shippers to agree to reimburse them for expected higher fuel costs as of Jan. 1.
13 May 2019
There are savings to be made from slowing ships even further, although with vessels already slowing down there will be diminishing returns.
10 May 2019
Draft restrictions resulting from low water levels in the Panama Canal are driving up spot ocean freight rates between Asia and the US East Coast in the short term, but the long-term outlook is unclear due to further threatened tariffs on US imports from China.
10 May 2019
The Chinese state-run ocean carrier and fellow Asia-based lines are slowly revealing plans that tilt toward deeper logistics services beyond conventional ocean shipping, with a distinctive Asian focus.
09 May 2019
The Port of New York and New Jersey and other ports along the Gulf and East coasts are looking at how to reduce the cost and productivity loss that occurs when longshoremen hired for the weekend are unable to work due to vessel delays.
09 May 2019
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09 May 2019
While CMA CGM is the first carrier to implement the emergency bunker fuel surcharges this quarter, other carriers are likely to follow
09 May 2019
Most beneficial cargo owners (BCOs) and NVOs are agreeing to pay higher base rates this year in the hope that container carriers will be less inclined to hit them with premiums of as much as $1,000 per container, as occurred during the peak autumn months last year.
09 May 2019
The economic and trade forecasts for 2019 are mixed, but in volume terms the year is off to a good start, as evidenced by a strong first quarter for Hapag-Lloyd.
08 May 2019
The costs of climate change and impacts to business are typically discussed as abstract and distant, but a review of recent history shows those costs are already here, and climbing.
08 May 2019
European imports from Asia have yet to show any ill effects from a slowdown in economic activity in major economies in the European Union.
08 May 2019
Coastal transshipment at Indian ports has grown considerably since the relaxation of cabotage rules, but detractors argue that privately operated minor ports have reaped more of the benefits than their publicly run counterparts.
07 May 2019
The Panama Canal Authority (ACP) announced the sixth reduction in its maximum draft this year for the Neopanamax locks on Gatun Lake as water levels continue to fall.
07 May 2019
Container carriers will have to remove nearly every vessel from service for at least a week to transition to low-sulfur fuel as mandated by the IMO, but BCOs hope that carriers don't use this as a way to manipulate capacity during the peak season.
06 May 2019
US President Donald Trump's decision to hike tariffs on a wide selection of Chinese-made goods took the US trade community by surprise.
06 May 2019
Container carriers are rejecting proposed mandatory vessel speed limits, saying the move set to be discussed at the International Maritime Organization (IMO) meeting later this month would undermine climate change goals for shipping.
06 May 2019
The container carrier’s latest efforts to provide integrated, end-to-end logistics services is helping it to make inroads in the Indian cold chain market.
03 May 2019
Pressure is mounting on shipping lines to cut emissions via mandatory average speed limits on vessels, but data suggests carriers have been slow-steaming ships in the east-west trades for years.
02 May 2019
Already facing a low-sulfur fuel mandate in 2020, the shipping industry is just beginning to gauge how to decarbonize, with slower-steaming already being proposed.
01 May 2019
Container carrier schedule reliability in the eastbound trans-Pacific has bounced back from record lows in early 2019 but still lags global on-time performance by quite a bit.
01 May 2019
Post-consolidation, US container trade has been dominated by the largest ocean carriers and alliances, but smaller, independent lines continue to find a market in the trans-Pacific.
01 May 2019
A rapidly approaching deadline for the implementation of early greenhouse gas emissions reduction measures has given way to the belief that only operational steps can do the trick with low- or zero-carbon propulsion methods still several years away.
01 May 2019
BCOs concerned about variations among carrier low-sulfur fuel surcharges may be able to shift volumes to exploit volatility in bunker pricing.