Maritime News

Maritime News

Maritime News | Container Shipping News

Maritime news articles about every aspect of the industry, including ports, container and breakbulk lines; and ships and ship chartering. Coverage also includes the impact of recent industry mergers and acquisitions, and of emerging new technologies such as blockchain, artificial intelligence, and the Internet of Things.

From the largest container lines such as Maersk LineMSC (Mediterranean Shipping Co.), COSCO Shipping/OOCL, CMA CGM and Ocean Network Express (ONE), to smaller carriers such as SM Line and Eimskip, JOC.com covers the entire industry with unequaled intelligence, data, insight, statistics, and analysis. JOC.com regularly updates its proprietary data about the activity of largest ports, container lines, breakbulk lines and other stakeholders in the maritime shipping sector,

News & Analysis

18 Sep 2020
Amidst confusion involving blank sailings, extra-loaders, and announcements this past week by government regulatory agencies in Beijing and Washington, spot rates in the eastbound trans-Pacific continued to climb higher.
18 Sep 2020
Shippers using third-party vendors to help them manage auditing and paying their freight bills see a sizable advantage in process costs versus those that manage the function in-house, new research has found.
18 Sep 2020
As rates hit record levels on the trans-Pacific, the trade is an irresistible magnet for carriers, leaving forwarders in Asia struggling to find boxes as all equipment flows towards China’s export hubs.
17 Sep 2020
The US FMC said it is closely monitoring capacity and pricing conditions in the eastbound trans-Pacific, but is not yet ready to launch a fact-finding investigation or petition for legal action.
16 Sep 2020
For so-called old China hands, the Ministry of Transportation and Communication’s Sept. 11 summoning of carriers in Shanghai to instruct them to add capacity hardly comes as a surprise.
16 Sep 2020
The momentum that has built in major economies since the COVID-19 lockdowns ended is behind an increase in factory activity.
16 Sep 2020
It has taken Europe a long time to get the maritime sector included in Europe’s emissions trading system, and despite the vigorous opposition by container shipping, the lengthy legislative process is now in its final stages.
15 Sep 2020
The suspension and weakening of general rate increases comes after Chinese regulators on Friday encouraged major container lines to add capacity and be less aggressive in raising their rates as US imports from Asia continue to rise.
15 Sep 2020
Strong demand for containerized imports in the US and Europe through the third quarter peak season is limiting the availability of equipment in Asia that is urgently needed to serve the fast-rising volume.
14 Sep 2020
Predicting actual demand in individual weeks in the container shipping markets is notoriously difficult with any significant degree of accuracy, though not for lack of trying.
11 Sep 2020
Container shipping demand on the Asia-Europe trade is at 2019 levels, with forwarders and carriers expecting the strong demand to be maintained.
11 Sep 2020
In what is still very much an evolving scenario, carriers are digesting what they were told by the Chinese government and how it will impact their businesses going forward.
10 Sep 2020
The majority of emissions from container shipping will occur outside the EU, and the World Shipping Council said its imposition on the industry could raise legal and diplomatic issues.
10 Sep 2020
Ocean Network Express (ONE) has signed up with India’s port community system to digitize its last-mile delivery offerings via application program interfaces (APIs), touted as a first collaborative step by any carrier operating out of the country.
09 Sep 2020
Two Australia-based software providers, Mizzen and Maxamation, have developed a product that will enable container lines to strategize around profitability of dynamically quoted ocean spot pricing.
09 Sep 2020
In just one month’s time, retailers have gone from a pessimistic peak-season outlook to a forecast of better-than-expected imports this fall.
08 Sep 2020
US import growth from Asia and China accelerated in August after a strong July, driven by e-commerce merchandise and PPE supplies.
08 Sep 2020
Container volume on the Asia–Europe trade has been steadily improving since the COVID-19 lockdowns of April and May, and in July it finally moved into positive growth territory.
04 Sep 2020
A steady stream of extra-loader vessels in the trans-Pacific have failed to blunt the steady increase in spot rates.
04 Sep 2020
Container shortages in Asia are reaching a crisis level as carriers are desperate to secure sufficient equipment to satisfy US import needs for the upcoming peak shipping season.
04 Sep 2020
CMA CGM is “confident” moving into the third quarter as rising consumer demand keeps container ships full and rates elevated.
04 Sep 2020
Liner shipping companies are reporting a shift from air to ocean as current market fundamentals force shippers of e-commerce products to seek alternatives.
04 Sep 2020
What has changed such that the world’s largest container line, and the largest company in Denmark, is willing to bet its future not just on an unproven theory, but one that has been disproved time and time again over the course of containerization?
03 Sep 2020
While Bangladesh saw a huge jump in apparel exports last month, factories are seeing fewer orders from western buyers for September and October.
02 Sep 2020
Uptake in digital quoting tools at top container lines suggests every carrier will need that capability even if the usage and benefits of such tools aren’t yet clearly defined.
02 Sep 2020
Carriers have already delayed services calling at Busan and Japanese ports, including Tokyo, due to the typhoons, while also omitting some calls, including Yokohama.
02 Sep 2020
China’s largest shipping group plans to grow its integrated service network to match changing demand patterns as the global economy slowly rebuilds.
02 Sep 2020
While there has been a discernible shift in global sourcing patterns toward countries in Southeast Asia, India has yet to become a key beneficiary of that evolving migration, with the challenges tied to its ocean supply chains seen as a big barrier to larger trade aspirations.
01 Sep 2020
With trans-Pacific carriers having no blank sailings scheduled through September, US exporters anticipate there will be sufficient westbound capacity to ship their commodities to Asia.
01 Sep 2020
Maersk’s reorganization is expected to lead to a raft of redundancies and possible office closures, with Danish newspaper Borsen reporting a loss of 3,400 jobs, or roughly 4 percent of its workforce.
31 Aug 2020
New service offerings announced recently by CMA CGM demonstrate that while alliances serve the carriers well in terms of cost efficiencies, the benefits may not extend much further.
28 Aug 2020
The US import surge that began in late June now looks like it will continue at least through October as consumers turn to e-commerce for purchases, including holiday season merchandise.
26 Aug 2020
Cosco’s sale of a large portion of its ownership stake in China International Marine Containers appears to be a state-mandated move to consolidate control around China Merchants Group, CIMC’s largest shareholder.
26 Aug 2020
Spot rate developments are an indicator of what to expect from the long-term contract market, and current trends show the spot market on Asia–Europe continuing to increase, according to Xeneta.
26 Aug 2020
With carriers refocusing on Colombo or other regional hubs for predictable cost advantages in tighter market conditions, Indian cargo owners may have to wait longer to enjoy more competitive, direct shipping solutions.
25 Aug 2020
Only eight of the JOC Top 40 Container Carriers by US Imports managed to increase volumes in the first five months of the year, none of which belong to one of the three major vessel-sharing alliances.