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

26 Feb 2021
Container freight rates from Asia to South America have come down from record highs but are unlikely to fall any further due to sustained demand that has crimped capacity and container supply.
25 Feb 2021
A significant drop in vessel schedule reliability in the eastbound trans-Pacific in January sends an ominous warning to ports about continued congestion in their international supply chains.
25 Feb 2021
With the deployment of LNG-powered ships in the trans-Pacific trade, CMA CGM is banking on North American shippers taking greater interest in the carbon output of their supply chains in the coming years.
24 Feb 2021
Container carriers that deployed extra loaders and those that provided express services in the resurgent Asia-US trade saw the largest volume gains in 2020
22 Feb 2021
A global scarcity of containers could push cargo owners to invest in so-called shipper-owned containers, but the majority of forwarders surveyed by container selling and leasing platform Container xChange weren’t able to supply such a service.
22 Feb 2021
Entering annual trans-Pacific contract talks, carriers — in a position of negotiating strength after months of sustained demand growth — are signaling they will push for less free time and resist expanding volume commitments without significant rate increases.
19 Feb 2021
The Maersk Eindhoven on Friday was proceeding to an Asian port for repairs after losing 260 containers overboard in heavy seas.
19 Feb 2021
Trans-Pacific shippers are being hit with a double whammy of huge rate hikes and poor service as ports and inland supply chains struggle to handled a seemingly unending deluge of imports from Asia into North America.
18 Feb 2021
Just when the container shipping system needed more capacity to handle resurgent volumes, the reduced circulation of containers caused a contraction in available capacity, driving up rates and further compounding massive cargo delays.
18 Feb 2021
The “peak” shipping season in the eastbound trans-Pacific began last summer and continued right through January, with no significant drop in US imports from Asia in sight.
17 Feb 2021
The current freight rate debacle serves to create a significant competitive advantage for large retailers versus small retailers, and also create a competitive advantage for retailers of high-end products versus those with cheaper products.
16 Feb 2021
Logistical challenges throughout the supply chain from the interior of the country to the seaports are a severe limitation on US exports, commodity shippers say, as total outbound US shipments fell 8.1 percent last year from 2019.
10 Feb 2021
Maersk expanded deeper into landside logistics during 2020, strongly boosting its non-ocean revenue during a highly profitable year.
08 Feb 2021
If carriers are successful in reducing the number of days shippers can hold containers before being charged detention fees, some shippers may have to adjust warehouse operations so they can unload and return containers to carriers more quickly.
05 Feb 2021
Regulators have now fined ocean carriers Wallenius Wilhelmsen Ocean (WWO), NYK RORO, and “K” Line a total of $63 million for price fixing on vehicle shipping services on routes to Australia.
05 Feb 2021
Momentum toward digital quoting and booking in ocean shipping is undeniable, but it remains to be seen whether shippers and forwarders will demand — and container lines are actually capable of delivering — truly dynamic pricing.
04 Feb 2021
Container visibility provider ClearMetal said demand for its product aimed at helping shippers improve shipment delivery date accuracy ballooned in 2020 as “customer promise date” becomes a more important logistics metric.
02 Feb 2021
FMC Commissioner Carl Bentzel said rerouting ships to the ports of Seattle and Tacoma could take up to six weeks, but he doesn’t see a better alternative to easing Southern California port congestion.
01 Feb 2021
In announcing its new Oakland service, the president of CMA CGM and APL in the United States says he does not expect congestion in Southern California to clear up until at least June
01 Feb 2021
Under the restructuring plan, Heliconia Capital Management will inject $600 million into PIL while taking a strategic shareholding in the company.
01 Feb 2021
California’s request for the Federal Maritime Commission to take immediate action on export delays shows political pressure is mounting to deal with Southern California port congestion that began over the summer.
29 Jan 2021
Port delays and disruptions have become so severe that the 2M and THE Alliances will blank at least seven voyages between Asia and Europe in February and March to restore schedule integrity.
29 Jan 2021
Ocean Network Express expects to ride a wave of profitability through the first quarter of 2021 and beyond, driven by a strong recovery in demand on the trans-Pacific and Asia–Europe trades.
29 Jan 2021
The container shipping industry is in the midst of yet another predictable cycle in which supply chains are upended by unpredictable external forces, relationships between carriers and shippers are tested.
26 Jan 2021
Hapag-Lloyd’s advisory to customers about de-facto blank sailings in February due to port delays could be followed by similar announcements from other carriers.
26 Jan 2021
National Shipping of America (NSA) made its inaugural call to Port Everglades last week after the US Maritime Administration (MARAD) designated the South Florida port as part of the country’s so-called Marine Highway system on Jan. 8.
26 Jan 2021
Shippers can complain, but pricing power — at least for now — has shifted away from shippers due to carrier consolidation and growing capacity discipline seen most dramatically in the swift spring withdrawals following the onset of the COVID-19 pandemic. That puts pressure on shipper to engage more with carrier not less.
25 Jan 2021
Importers of higher-value cargo from Asia have been better able to withstand higher spot rates, forcing some shippers of lower-value cargo out of the market completely.
21 Jan 2021
The Maersk incident comes less than two months after the ONE Apus saw more than 1,900 containers lost or damaged during a trans-Pacific voyage, and has one analyst questioning whether the industry might have a structural problem with stowage on larger ships.
20 Jan 2021
Shippers facing a challenging ocean freight environment in 2021 are being urged to develop a plan to tackle a particularly thorny operational aspect in the industry: container allocations.
19 Jan 2021
Import volumes have remained strong into the new year and may be accelerating, with some saying January’s imports will be even higher than December’s.
14 Jan 2021
A partnership between widely used rate management software provider Portrix and container line digital quoting platform BlueX Trade is yet another sign of the need for forwarders to get direct access to digital quotes offered by carriers.
11 Jan 2021
While signing so-called early-bird contracts is not a new phenomenon in the eastbound trans-Pacific, this year is different because the early signings are more frequent and driven more by space guarantees than freight rate considerations.
06 Jan 2021
Carriers in the eastbound trans-Pacific are charging all-inclusive rates of more than $6,000 per FEU to the West Coast and $8,000 per FEU to the East Coast in today’s extremely tight market, forwarders say.
05 Jan 2021
The international shipping sector can expect incremental progress on decarbonization to continue next year, but without widespread clarity on a way to reach long-term goals, 2021 may end up looking a lot like 2020.