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, MOL, 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.

Commentary

Maersk Line and CMA CGM have gotten a lot of press for their plans to offer services many see as “new,” while others say this is just the next iteration of something carriers have tried to do for decades.

News & Analysis

11 Dec 2019
Despite attempts to set its own decarbonization agenda, shipping could find itself included — very reluctantly — in Europe’s emissions trading system.
Alphaliner raises alarm over possible overcharging on low-sulfur fees
11 Dec 2019
Carriers have struggled to lift spot rates on the Asia-Europe trade, and the wide variations in low-sulfur surcharge levels have an analyst asking questions.
11 Dec 2019
Chicago-based startup Transship is teaming with TradeLens and other tech companies to create an automated shipping and forwarding platform for containerized perishables shipments.
06 Dec 2019
The world’s largest container line is headlong into a business transformation that’s highly visible, partly of its own doing and partly due to the increased scrutiny such a change by a market leader brings.
05 Dec 2019
Australian shippers are taking a wait-and-see approach to a review by the country’s competition watchdog on whether to continue the class exemption for container shipping companies from competition laws. The head of the government panel says those exemptions are becoming “harder to justify.”
04 Dec 2019
The addition of Feedertech to the DP World portfolio of regional shortsea and feeder carriers enables the port operator to improve its control beyond the terminal.
02 Dec 2019
Much of the attention in the run-up to IMO 2020 has been on the immediate impact of the mandate, but there are some longer-term considerations that warrant examination.
29 Nov 2019
The Indian government is closely scrutinizing terminal handling charges -- perhaps the most controversial of all ancillary charges levied by carriers -- as they typically vary widely from terminal to terminal within a port and from port to port within a region.
27 Nov 2019
The extent to which US retailers rebuild their inventories post-Christmas will provide a hint as to how consumers will respond to mixed economic signals and higher prices on some Chinese goods.
25 Nov 2019
Maersk is dealing with its second high-profile executive departure in just the past two weeks with the news CFO Carolina Dybeck Happe is leaving to take the same position with GE.
22 Nov 2019
Growth in US imports from the Caribbean and Central America was unable to offset a decline in exports in the first nine months of 2019.
21 Nov 2019
Carrier rankings in the eastbound trans-Pacific show no year-over-year change as container lines operate cautiously in a slow-growth market.
20 Nov 2019
Zim, pointing to cost efficiencies gained through its partnership with the 2M Alliance, navigated a market rife with uncertainties to post slight Q3 increases in net profit and revenues.
19 Nov 2019
Pacific International Lines is expanding its weekly Vietnam service to the US with the addition of a second call in Vietnam amid a double-digit jump in eastbound container volumes from the southeast Asian country.
18 Nov 2019
Most major carriers and some freight forwarders have announced their own bunker adjustment factor (BAF) formulas to offset higher fuel costs, but there is little commonality in pricing or even what they are called.
15 Nov 2019
Mediterranean Shipping Co. is bringing in ex-Maersk COO Soren Toft not because they’ve been unsuccessful, but rather because they know they need an outsider’s view to maintain that success as they enter their second half-century of existence.
15 Nov 2019
The industry’s pivot to scrubbers is a gambit not just in that it hinges on high-sulfur bunker fuel prices staying significantly lower than low-sulfur fuels, but that regulators won’t further restrict scrubbers as environmentalists raise alarms.
15 Nov 2019
Maersk continues to improve its profitability, helped by falling bunker prices and a greater focus on capacity management.
12 Nov 2019
Through a partnership with the software provider BlueX Trade, the Taiwan-based container carrier will allow shippers and non-vessel-operating common carriers (NVOCCs) to book space digitally “within minutes,” the companies said Tuesday.
11 Nov 2019
The man leading the decarbonization charge at Maersk abruptly leaves the company, days before the world’s largest carrier will release its third-quarter earnings.
04 Nov 2019
For the world’s largest container carrier, embarking on a radical departure from its traditional business model while simultaneously leading a historic quest to decarbonize shipping represents a level of risk-taking and ambition without equal in today’s industry.
31 Oct 2019
Despite reporting a profitable second quarter, the Japanese container carrier has reduced its full-year earnings forecast by nearly one-third, citing concerns over a worsening global economic environment and an expected increase in bunker costs.
30 Oct 2019
Income gains from international routes operated by Cosco Shipping Lines and OOCL in the third quarter came despite the average China Containerized Freight Index falling 1.7 percent between July and September.
28 Oct 2019
A seeming shift in philosophy among a number of key players in the container trade when it comes to orderbooks is about to change the competitive dynamics in the main deep-sea trades.
24 Oct 2019
Forty-seven of the top 50 global transportation providers saw revenues rise in 2018, benefitting from a strong global economic growth and growing anticipation of reciprocal tariffs between the United States and China.
23 Oct 2019
The prospects of a trade deal between China and the United States, which would remove the 25 percent tariffs on agricultural goods, are still murky. But some so-called goodwill purchases by the Chinese in bulk shipments following the freezing of an escalation of US tariffs earlier this month has raised hopes for a deal.
22 Oct 2019
Global ocean freight volume continues to grow this year, albeit slowly, despite economic slowdowns and gloomy trading conditions.
21 Oct 2019
The International Maritime Organization’s low-sulfur fuel mandate will cause all-in container freight costs to rise next year, but there is a bigger bill coming in the form of decarbonization.
18 Oct 2019
Downward rate pressure caused by overcapacity and the wide range of fuel surcharge levels carriers are presenting to cargo owners suggests that fuel cost will become a competitive battleground in the aftermath of IMO 2020.
El Dorado, a new tech experience at TPM20
17 Oct 2019
The two-day "El Dorado" tech experience will address the growing need among beneficial cargo owners, third-party logistics providers, container lines, ports, and other freight transportation interests to understand the true value of technology and navigate an increasingly complex landscape of vendors and emerging technologies.
15 Oct 2019
Although Typhoon Hagibis was the strongest storm to hit Japan in decades, carriers are reporting only minor disruptions to schedules and minimal damage to port infrastructure.
14 Oct 2019
Carriers will blank at least 37 individual sailings this month and next and suspend an entire weekly service as they attempt to stop further erosion in freight rates in the eastbound Pacific.
11 Oct 2019
Carriers would need complete control of the supply chain in order to successfully offer premium services, including time-definite delivery, an executive from Zim Integrated Shipping Services said.
11 Oct 2019
India’s Ministry of Shipping has met with various stakeholders in recent weeks to review options for streamlining logistics costs, particularly where intermediaries make up a significant burden for cargo interests.
09 Oct 2019
Container shipping rates are set to climb amid more balanced growth between cargo demand and vessel supply, while fuel costs will rise as carriers switch to low sulfur fuels to comply with the International Maritime Organization's tougher emission controls from January 2020.