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

15 Nov 2019
Mediterrean 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.
08 Oct 2019
In his keynote address at the JOC TPM Asia Conference in Shenzhen, Cosco's Wang Haimin said US tariffs are accelerating the shift of production of furniture, tires, machinery, and footwear from China to Southeast Asia.
03 Oct 2019
The Marseille-based technology provider has developed a UN standard for sensor-based container messages it hopes will be used widely throughout the industry to make such systems interoperable for potential buyers and users of tracking solutions and associated analytics.
01 Oct 2019
The creation of a coalition — supported by more than 70 public and private organizations including Maersk, Royal Dutch Shell, and Lloyd’s Register — to drive commercial efforts to decarbonize international shipping is the latest example of an industry beginning to grasp the Herculean tests that lie ahead
01 Oct 2019
With liner schedule reliability a persistent bugaboo, the German container line is turning to Portchain to highlight in real time disruption to schedules.
30 Sep 2019
The convergence of contract and spot rates for ocean freight and the increased availability of instant digital quoting tools is pushing more cargo to the spot market and changing shipper negotiation strategies for long-term contracts.
30 Sep 2019
An early blockchain-based liner shipping product has shuttered due to a lack of demand, signaling that the industry is still struggling to understand the concept and the value of blockchain and cryptocurrency.
30 Sep 2019
The Chittagong Customs House has suspended the license of Continental Traders, the local agent of COSCO Shipping, a move that could cause significant disruptions to the Chinese state-run container carrier’s operations in Bangladesh.
27 Sep 2019
Sponsored: Trucking capacity and rate fluctuations are major concerns for shippers. Cosco Shipping’s Executive Vice President Howard Finkel frankly addresses the issues in this JOC interview.
26 Sep 2019
BCOs are urged to prepare their C-Suites for an up to 9 percent increase in ocean freight costs after IMO 2020 takes effect Jan. 1.
24 Sep 2019
The partnership with JDA is the latest sign of how Maersk is seeking to become an integrator, deepening its reach into landside transport, customs brokerage, and distribution.
23 Sep 2019
Carriers in the trans-Pacific may reduce capacity beyond what they have already announced for October by choosing not to replace vessels that will be removed from deployment in November and December to transition to IMO 2020-compliant fuel.
23 Sep 2019
US Customs and Border Protection’s 90-day suspension of the carrier’s trusted trade status ended Sept. 16, but not before damaging Mediterranean Shipping Co's brand and spurring some multinational cargo owners to hold off on booking.
23 Sep 2019
The newly formed Getting to Zero Coalition, comprising members of the maritime, energy, infrastructure, and financial sectors, will lead commercial efforts to meet the International Maritime Organization’s goal of halving carbon emissions from shipping by 2050.
20 Sep 2019
CMA CGM has backed off from a proposed $50 administrative fee for detention and demurrage documentation processing after swift customer pushback.
20 Sep 2019
The FMC’s recommendations stem from an 18-month effort led by Commissioner Rebecca Dye to address complaints from cargo owners and drayage drivers over what they considered unfair fees for failing to pick up cargo and return equipment in a timely manner.