Container Lines

Business intelligence, news and analysis on the container lines that transport most of the world's trade such as CMA CGM, MOL, Zim Integrated Shipping Services, and others. JOC.com's coverage of container lines ranges from new services to leadership changes and in-depth analysis of pricing and volume trends that directly impact shippers' bottom lines and supply chains. 

The container line landscape is constantly evolving as market dynamics present new challenges to the industry. See how the companies involved have changed as a result of mergers and acquisitions since 1977.

Commentary

As I hear about technology being the game changer in logistics, I am certainly open to the thoughts, but recall the caution of the Harvard professors who taught the classes on process improvement — first make sure you have the right processes, then build systems that support those processes. 

News & Analysis

Hyundai Merchant Marine.
21 Feb 2018
After a year off, Hyundai Merchant Marine is about to get back into Asia-Europe, but not with the size ships that are traditionally deployed on the trade.
Shipping containers at a Brazil port.
20 Feb 2018
One of the service's main beneficiaries will be AP Moller Terminal Pecém, which will now host its first-ever direct call to Asia, slashing transit times by more than 15 days and possibly opening up a new route to the Middle East (via transhipment in Singapore) for Brazilian fruit exporters.
20 Feb 2018
Maersk gave an update on its transformation strategy at its capital markets day in Copenhagen.
John Hall Griffith (1925-2018)
16 Feb 2018
A longtime shipping executive, John Griffith was instrumental in establishing containerized shipping in the trans-Atlantic and trans-Pacific trades.
Port of Los Angeles.
16 Feb 2018
Carriers’ refusal to reduce capacity on the verge of service contracting season has the east-bound Pacific looking at only minimal rate increases of perhaps $100 per FEU to the West Coast, and possible rate reductions to the East Coast.
Pasha Hawaii.
15 Feb 2018
Pasha said US-flag domestic vessel capacity between the US mainland and Puerto Rico now is sufficient for the trade’s regular carriers.
A Cosco container ship.
15 Feb 2018
Based on carrier statistics compiled by PIERS, a JOC.com sister company, if the container volumes compiled last year by the China-based carriers were combined, Cosco and OOCL would have ranked fourth among all lines in the US trades in overall container volume and first in imports.
US Department of Defense.
14 Feb 2018
The US Department of Defense contract calls for Crowley to move various types of cargo from thousands of suppliers through 41 major depots around the continental United States, including Alaska, and Canada.
Hyundai Merchant Marine.
13 Feb 2018
It was a hefty loss for Hyundai Merchant Marine in 2017, despite the South Korean flagship posting a far better operating result.
Port of Los Angeles.
12 Feb 2018
Beneficial cargo owners are enjoying some of the lowest pre-Lunar New Year spot rates of the past six years, but they should not necessarily expect that this will give them extra leverage in service contract negotiations beginning next month.
09 Feb 2018
The rising price of bunker fuel, which jumped 25 percent in 2017, is eroding unit cost benefits and Maersk says that higher cost is being reflected in its new contracts.
Maersk vessel
09 Feb 2018
Maersk Line sailed to a half a billion profit in 2017, but earnings were dragged down by the cyber attack and rising unit costs.
Hyundai Merchant Marine.
08 Feb 2018
HMM has been South Korea’s flagship container carrier since the bankruptcy of Hanjin Shipping in February 2017.
Matson container ship
08 Feb 2018
Consumers in Puerto Rico actually benefit from lower freight rates in the efficient Jones Act services that are marked by dedicated vessels and terminals, versus foreign-flag services to other Caribbean islands, Matson CEO Matt Cox said.
The Asia-ECSA trae lane has been volatile.
07 Feb 2018
PIL has broken rank from the three large vessel sharing agreements that currently share the Asia to East Coast of South America trade lane and is introducing a new fortnightly container service.
The new AAL-HMM service will operate five ships.
06 Feb 2018
The new AAL-HMM joint-service will operate five ships — four 30,100-deadweight-ton vessels (dwt) from HMM and one 31,000-dwt vessel from AAL.
05 Feb 2018
Schedule reliability of the carriers in 2017 was the second lowest ever recorded, but the on-time performance has been improving steadily since February last year.
Port of Los Angeles
02 Feb 2018
“Carriers face an increasing threat from digital attackers,” — competitors that have embraced technology, a Boston Consulting Group report released Friday argues. 
Port of Melbourne
02 Feb 2018
Container ships are getting too wide and too deep for Australian container ports, officials say. And that leaves the nation with a choice: find ways to accommodate bigger container ships or risk a negative outcome.
Port of Felixstowe Trinity Berths 6 and 7
02 Feb 2018
Spot rates on the Asia–Europe and Med trades have remained subdued in the run up to Lunar New Year.
Terminal competition is intensifying on India's west coast.
01 Feb 2018
Riding volume gains from new Maersk calls, APMT Pipavav increased its October–December quarter throughput by 8 percent from the prior three months and 3.5 percent from the corresponding period in 2016.
31 Jan 2018
The improving container shipping market is reflected in the nine-month financial results of Japan's big three carriers.
Hamburg Süd said the restructuring of the Pacific service strings to the South and Central American west coast and into the Caribbean.
31 Jan 2018
Hamburg Süd has withdrawn from a vessel-sharing agreement on the Asia-west coast of South America routes and will offer new services on the fast-growing trade.
CMA CGM’s initiative is the latest demonstration of shipping carriers’ increasingly accelerated turn toward technology.
30 Jan 2018
The carrier's Marseille, France-based incubator, known as Ze Box, will host a dozen startups, which have yet to be identified.
Cosco container ship
30 Jan 2018
Cosco is heading for a solid 2017 profit, turning around a $1.4 billion loss, with Beijing subsidies lending a helping hand.
30 Jan 2018
The sheer scale of China’s waste import business means exporters need to find alternative markets for their recyclable products.
29 Jan 2018
A new schedule outlined by Mediterranean Shipping Co. will substantially cut the time needed to send cargo from Europe to the US East Coast.
27 Jan 2018
In launching a joint venture company with IBM, with whom it has had a relationship going back to the 1950s, Maersk would seem to be in the pole position to exploit blockchain’s potential in container shipping.
26 Jan 2018
TOTE’s decision means Matson and Pasha Hawaii will not face a three-way competition that analysts and TOTE's CEO had warned would produce overcapacity and rate wars in the US West Coast-Hawaii trade.
26 Jan 2018
The mega-ships continue to flood in to the Asia-North Europe container trade lane.
26 Jan 2018
Hong Kong-listed OOCL, soon to be part of Cosco, reported a massive increase in container volume and revenue for 2017.
25 Jan 2018
Local trade sources told JOC.com that a call from French liner CMA CGM next week will mark the commercial launch of PSA International’s much-awaited mega-terminal at Jawaharlal Nehru Port Trust.
MSC.
24 Jan 2018
The first sailing of MSC’s fortnightly roll-on, roll-off West Africa service will begin Feb. 19 from Le Havre.
23 Jan 2018
The Trump administration announced the tariffs Monday in response to complaints from US-based manufacturers that foreign competition was unfairly flooding the US market with cheap imports.
23 Jan 2018
In 2017 terminal operators CMPort and Cosco demonstrated the capability to pay a premium for port assets — backed by Chinese banks offering Belt and Road project development loans.