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

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

21 Feb 2020
The vulnerability of the container shipping supply chain has been repeatedly — and painfully — exposed, but as 2020 gets underway, the industry is facing disruption on a scale not seen in its more than 60-year history as a result of the coronavirus (COVID-19) outbreak in China.
Rail blockade forces Halifax ship diversions
20 Feb 2020
Halifax and the ports of Montreal and Vancouver have endured cargo backlogs at marine terminals and disruption to domestic and international shipments.
20 Feb 2020
Due to reduced demand tied to the coronavirus, Maersk said it has cancelled more than 50 sailings beyond what it normally cuts during the traditional Chinese Lunar New Year lull.
19 Feb 2020
Maersk is more than doubling its warehousing and distribution assets in North America through an acquisition that serves as another signal of its commitment to transition from container line to integrator.
Hapag-Lloyd advances profitability despite difficult fourth quarter
19 Feb 2020
A weak container shipping environment in the fourth quarter was unable to prevent Hapag-Lloyd growing both revenue and average freight rates across the year.
Port of Prince Rupert rail restored
18 Feb 2020
A rail blockade in Ontario as part of a more than week-long First Nation protest against a proposed oil pipeline in Canada remains in place, and CN’s eastern Canadian network is at a near standstill.
14 Feb 2020
US refrigerated (reefer) shippers reported improved service from ocean carriers in 2019, but equipment issues and other uncertainties could impact cold chains this year.
PIL to exit trans-Pacific in March, citing ‘strategic review’
14 Feb 2020
Pacific International Lines, which participates in a half-dozen trans-Pacific services, mostly in slot-charter arrangements, is exiting the highly-competitive Asia-US trade lane.
Reefer surcharges rocket due to Chinese port plug scarcity
14 Feb 2020
US exporters of refrigerated (reefer) cargo are facing costly delays in China and equipment shortages in the United States due to extended factory closures and limitations on worker movement caused by the coronavirus outbreak.
HMM narrowed losses in 2019, but faces precarious market
13 Feb 2020
South Korea-based container carrier HMM managed to cut its operating losses and increase revenue in 2019, but the start of the new year has come with mounting challenges.
SM Line to join 2M Alliance in cooperation agreement
12 Feb 2020
A cooperation agreement between the 2M Alliance and SM Lines that begins April 1 will increase the alliance’s presence in the Pacific Northwest.
NYSHEX moves into long-term contract space
12 Feb 2020
The New York Shipping Exchange has begun allowing shippers and freight buyers to migrate their long-term contracts with container lines onto the NYSHEX platform, essentially allowing contracts negotiated outside the exchange to be fully and mutually enforceable as if they were transacted within the exchange.
06 Feb 2020
It's still too early to determine the eventual impact of the 2019 novel coronavirus on global trade, but an extended shutdown of factories and transit lines to and from manufacturing centers in China could have major downstream implications for ocean carriers.
05 Feb 2020
Maersk will blank six sailings this month due to the coronavirus, and said while the backlog of barge operations from Wuhan was easing, it was working with reefer shippers to mitigate port plug-in power capabilities.
Shippers brace for blank sailings as container lines monitor coronavirus
31 Jan 2020
With response measures to the coronavirus evolving rapidly, it’s still too soon to determine the impact on container shipping given the seasonal lull in demand driven by the now-extended Lunar New Year celebrations.
Sartini takes over CMA CGM terminal role
29 Jan 2020
CMA CGM has made some senior leadership changes as part of a group restructuring.
NYSHEX volume tripled, membership doubled in 2019
29 Jan 2020
New York Shipping Exchange (NYSHEX) said 96.4 percent of contracts last year were fulfilled, meaning that carriers accepted the cargo for the sailing it was booked for and cargo owners and non-vessel operating common carriers delivered the containers they contracted.
28 Jan 2020
The group pushing process and data standards in the container shipping industry has released a new set governing the tracking and tracing of container shipments across systems and carriers.
27 Jan 2020
Despite stiff truck competition, East Coast ports have taken aggressive steps to capture more intermodal cargo and spend significant capital to build out rail infrastructure.
Container lines call Indian terminal pricing regulation a ‘trade disruptor’
27 Jan 2020
Carriers are pushing back against the latest move by Indian regulators to streamline logistics costs, saying it will result in inefficiencies and delays in trade flows.
24 Jan 2020
Carriers’ growing experience in reducing short-term capacity without having to resort to more disruptive actions like eliminating full services is a profound change in the market that will help the carriers absorb blows that in the past would wipe away profits like a dustrag.
OOCL has reported a good first year under the ownership of Cosco Shipping.
24 Jan 2020
The US-China trade war pulled down OOCL’s performance in the trans-Pacific, but volume and revenue growth in other trades kept its overall operational result in positive territory.
DP World seeks stake in Russia’s Fesco
23 Jan 2020
DP World, in a letter to Russian regulators seeking to buy a stake in intermodal transport group Fesco, said it would invest $350 million in the Vladivostok seaport and expand the company’s railcar fleet.
23 Jan 2020
A strike by French dockworkers this week is causing severe disruption to carrier schedules as port calls to Le Havre and Marseilles-Fos are cut.
22 Jan 2020
APL Logistics is providing a visibility product that mingles its ability to connect directly to carriers across modes with its “boots on the ground” to fill in gaps in data completeness and timeliness.
Cosco’s $1 billion profit forecast for 2019 includes LBCT sale
22 Jan 2020
It has been a good year for Cosco Shipping, with seemingly no ill effects from the US-China trade war or slowing economies around the world.
CMA CGM unveils networking service for customers
16 Jan 2020
Importers and exporters shipping with CMA CGM are being offered a matchmaking service that will allow them to leverage the carrier’s global network in search of new markets.
13 Jan 2020
Customers and service providers of container shipping companies have again voiced their opposition to the European Commission’s decision to extend the carrier block exemption for another four years.
10 Jan 2020
In an effort to recoup low-sulfur mandate costs, some containers lines pushing higher fuel surcharges while easing base spot cargo rates, while others are posting more moderate increases in fuel surcharges and trying to keep freight rates steady.
09 Jan 2020
A secret shopper study of top forwarders by an equipment marketplace provider finds that most are uninterested in providing shipper-owned container options to small or unknown shipper customers.
09 Jan 2020
The resumption of weekly liner service to Portland after a four-year absence will test the ability of the Oregon port to return to its heyday when it handled more than 300,000 TEU a year.
Ocean Alliance tweaks network as rivals change members
09 Jan 2020
The first of the global container carrier alliances has announced its 2020 schedule, with the other two groupings due to reveal their networks soon.
THE Alliance to roll out HMM mega-ships in revised Asia-Europe network
08 Jan 2020
Members of THE Alliance are making plans to reshuffle their Asia-North Europe and Asia-Mediterranean networks in preparation for HMM, which will join the vessel grouping in April.
06 Jan 2020
Spot rate hikes in the major container trades in early 2020 are only slightly higher than the historical average for this time of year, and as such, shippers should brace themselves for further increases.
Trans-Pac carriers recouping IMO surcharges, but scale unclear
03 Jan 2020
Recent quotes by carriers on their surcharges for more expensive low-sulfur fuel oil are confusing shippers and causing suspicion carriers are attempting to make unreasonable profits from the global LSFO mandate that took effect Wednesday.