Container Lines

Container Lines

At a time when the container shipping landscape is constantly evolving, and market dynamics present increasingly complex challenges for the shipping industry, the JOC provides up-to-the-minute news, analysis and business intelligence about the container lines that transport most of the world's trade including Maersk, COSCO, Hapag-Lloyd, CMA CGM, MSCONE, Yang Ming, Zim Integrated Shipping Services, and many others.

JOC’s comprehensive coverage ranges from the latest information about new shipping lines to major changes in company leadership, to in-depth analysis of the pricing and volume trends that directly impact shippers' bottom lines and supply chains. The consolidation of the container shipping sector has resulted in increasingly divergent strategies, with some firms focusing solely on ocean transport while others opt for a more "end-to-end" approach. The JOC’s comprehensive, in-depth coverage probes the consequences of these various strategies for shipping lines, shippers, and other stakeholders of container lines.

Top 40 Container Carriers US Import and Export Trade 2018

Commentary

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News & Analysis

05 May 2021
Looking at the cyclical history of container shipping and a rush of new vessel orders, it’s fair to wonder if the industry is setting itself up for another bout of overcapacity, but the reality is volumes will likely continue to grow faster than capacity.
04 May 2021
Hapag-Lloyd said truckers in the port of New York and New Jersey will be able to start dropping off empties at a new container yard and that it is working to sweep up empties that have built up at marine terminals there amid the US import surge.
03 May 2021
An advisory committee to the US Department of Commerce will explore new options to support manufacturers and agriculture exporters struggling to obtain empty containers at remote hinterland locations.
28 Apr 2021
The new Mediterranean Shipping Co. service from China to the Northwest Seaport Alliance of Seattle and Tacoma could be followed by others as carriers seek alternative gateways to Los Angeles-Long Beach.
28 Apr 2021
Mediterranean Shipping Co. piloted an electronic bill of lading with 100 customers, leading to its rollout of a digital BL product designed to increase accuracy and security of the crucial shipping document.
27 Apr 2021
Vessel on-time performance improved slightly to the US West Coast in March and slipped a bit to the East Coast as vessel bunching continues to cause delays in ports on both coasts.
26 Apr 2021
Maersk upgraded revenue and profit expectations for the first quarter and full-year 2021 as it sees a better-than-expected demand for trans-Pacific shipping.
26 Apr 2021
After nearly a decade of systemic overcapacity that resulted in widespread consolidation and a moratorium on new vessel orders, container carriers are again ramping up vessel orders, but that doesn’t mean they’ll give up strong financial position in which they find themselves now.
21 Apr 2021
Midsize shippers say securing sufficient vessel space for their increased imports is more important than the higher freight rates in this year’s eastbound trans-Pacific service contract negotiations.
21 Apr 2021
The world’s largest maritime trade groups are making their first call to support a global carbon fee that aims to reduce shipping emissions.
15 Apr 2021
Maritime executives tell Congress the US needs to take a greater role in developing low-carbon shipping fuels.
15 Apr 2021
Shippers — big and small — need to re-assess their supply chain strategies for the post-pandemic new normal and find the best balance between transactional costs, and supply chain speed, flexibility, and resilience.
09 Apr 2021
Maersk is furthering its ambitions to get closer to its shipper customers with a new fourth-party logistics aimed at large cargo owners that struggle to tie together data around demand, inventory, and cargo flow.
08 Apr 2021
Zim’s launching of another expedited trans-Pacific service reflects the container line’s ability to quickly capitalize on rising e-commerce demand in the United States.
07 Apr 2021
Retailers predict US imports will continue to be at record or near-record levels at least through August as consumers have plenty of cash to spend on merchandise.
07 Apr 2021
Maersk is feeling pressure from customers and investors to decarbonize its operations, but the carrier says that pressure will bring the transparency needed to help accelerate its drive for carbon neutrality.
07 Apr 2021
Five of the largest global container lines are adopting the Digital Container Shipping Association’s track-and-trace standards, a sign that carriers are starting to recognize that shippers’ need for standardization outweighs their desire to keep systems proprietary.
30 Mar 2021
Cosco joins other carriers in posting strong profit figures for 2020 due to the rebound in rates and volumes in the second half of last year.
30 Mar 2021
Daniel Maffei is taking the helm of the Federal Maritime Commission as port congestion has grabbed the attention of the new Biden administration and some exporters accuse container lines of refusing bookings.
26 Mar 2021
OOCL has continued to invest in new ships and services, placing an order last year for 12 23,000-TEU vessels for delivery during 2023-2024.
25 Mar 2021
Global on-time vessel performance improved marginally in February, but reliability in the Asia-North America trades continued to slide, hitting new record lows for the month.
23 Mar 2021
Hapag-Lloyd hopes capital markets will underwrite its transition to a low-carbon future with plans to market its first “green bond,” with the new debt used in part to purchase ships that run on alternative fuels.
22 Mar 2021
Carriers have so much leverage this year that in addition to the service contract rate, some are quoting a second-tier rate, reportedly much higher than the contract rate, for commitments of cargo beyond the shipper’s minimum quantity commitment (MQC).
22 Mar 2021
Zim Integrated Shipping Services said it believes global port congestion has reached its peak, it doesn’t expect US import pressures to let up.
19 Mar 2021
Decarbonization goals at global shippers is pushing the industry toward more granular scrutiny of supply chain-related emissions, a task that’s being helped by emergent technology and a focus on shipper collaboration.
18 Mar 2021
The consensus among shippers, forwarders, and carriers is that strong consumer demand in North America will continue through the second quarter and into the traditional peak season.
18 Mar 2021
Despite the IMO 2020’s sulfur cap, the COVID-19 collapse in oil prices last year made the case for sulfur scrubbers less urgent. But BIMCO said scrubbers now make sense.
17 Mar 2021
Even as containerized agriculture exports have grown every year since 2015 and global commodity prices rise, agriculture exporters won’t find it easier to secure equipment and ocean slot space until the import imbalance eases.
15 Mar 2021
MSC said it will bring on a new trans-Pacific service linking the southern Chinese port of Yantian and Vietnam with the two largest ports in the US Southeast and New York.
11 Mar 2021
Container line CEOs and others told the JOC's TPM21 conference that carriers have been doing their best to adjust to volumes that surged to record levels in the second half of 2020 after plummeting during early COVID-19 lockdowns.
10 Mar 2021
More members of Congress are asking federal maritime regulators to speed up their probe into the lack of export container availability for US agricultural shippers, saying monthly updates are needed.
09 Mar 2021
Maersk’s small shipper offering Twill and logistics software provider Freightos are testing a new workflow that will for the first time redirect shippers from the Freightos rate marketplace to a service provider’s shipment management platform.
08 Mar 2021
US retailers project that continued growth in on-line shopping, as well as increasing in-store shopping, will power double-digit increases in imports through June.
04 Mar 2021
A group of 24 senators wrote to the US Federal Maritime Commission (FMC) in support of its investigation into accusations carriers have been denying export bookings, thereby injuring the US agricultural sector
04 Mar 2021
Industry analyst Lars Jensen says container carriers have finally figured out how to prevent the volatile pricing swings of past years through capacity management and right-sizing of vessels for various trade lanes.