Maritime News

Maritime 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 CMA CGM, MSC (Mediterranean Shipping Co.) and Maersk Line to smaller carriers such as Eimskip and Atlantic Ro-Ro Carriers, 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

19 Jul 2019
Tactical use of blank sailings and extra-loaders will prop up freight rates while ensuring capacity during a peak season that will be marked by uncertainties because of the US-China trade war, a JOC webinar was told.
Port of Oakland.
18 Oct 2018
"I’m not optimistic we are going to see a grand bargain with all the tariffs coming off,” Lance Noble, senior analyst at Gavekal Dragonomics, said at the TPM Asia Conference on Oct. 10.
Port of Los Angeles.
17 Oct 2018
It has now been 12 consecutive weeks that spot rates on imports from Asia have been higher than $2,000 to the West Coast and $3,000 to the East Coast, according to the Shanghai Containerized Freight Index. This is the longest sustained period of elevated spot rates since 2013.
A Maersk container ship.
17 Oct 2018
Maersk's announcement is the latest action in its effort to reinvent itself as an integrated container transport and logistics provider.
A CMA CGM ship.
17 Oct 2018
The carrier raised its stake in the logistics service provider a week after CEVA Logistics rejected a $1.5 billion takeover bid from rival DSV.
A ONE ship.
16 Oct 2018
The ocean carrier — which launched in April and comprises “K” Line, MOL, and NYK Line — said in its half-year earnings report that it collectively expects to lose $310 million in the first half of the year, on revenue of $5.03 billion.
Port of Santos.
16 Oct 2018
Although still in the early schedule-setting process, a likely new joint venture will leave Asia-east coast of South America shippers with fewer, larger ships and one less service, so says a shipping industry expert.
15 Oct 2018
Sponsored: DHL Europe Vice President Felix Heger on 2019 market concerns, China-Europe rail, digitalization, deteriorating carrier service quality; and the growing importance of organizing haulage.
Mediterranean Shipping Co.
15 Oct 2018
The Geneva-based carrier said it will roll out the “smart” containers in the coming months, enabling users to follow the movement of containers in real time through the Internet of Things.
A container ship bunkering / receiving fuel.
12 Oct 2018
Among the major unknowns on the minds of ocean carrier executives: will the low-sulfur fuel supply be adequate? How high will fuel prices go? How will the new rule be enforced?
The Port of Los Angeles.
12 Oct 2018
Spot rates in the eastbound Pacific show no sign of softening, and shippers may end up paying high spot rates through the end of the year, if imports remain strong. New US tariffs beginning Jan. 1 definitely have something to do with the above.
Port of Colombo, Sri Lanka.
11 Oct 2018
“We want to use the Colombo port for transshipment of goods towards Europe and America, as it will help us cut lead time by nearly 10 days,” said Bangladesh Garment Manufacturers and Exporters Association president Siddiqur Rahman.
Two container ships at sea.
11 Oct 2018
Ocean carriers are “working in the blind” at present, with each company coming up with its own fee, when what they actually need is a collectively created framework that ocean carriers and shippers will accept, so says a key ocean carrier executive.
CMA CAGM.
11 Oct 2018
CMA CGM’s investment in CEVA is consistent with a customer-centric vision announced in March to move away from commodity container shipping and increasingly tailor end-to-end logistics solutions for customers.
Two container ships at sea.
11 Oct 2018
“The reality is that we are being suddenly exposed to $15 billion in additional spend, so we have to reduce consumption and try to convince customers to pay more,” APL CEO Nicolas Sartini told JOC.com.
Port of Los Angeles.
09 Oct 2018
“Retailers are continuing to import merchandise in order to meet consumer demand even though tariffs are now in place on roughly half the goods imported from China and the trade war is still escalating,” Jonathan Gold, vice president for supply chain and customs policy at the National Retail Federation, said Tuesday.
A Maersk Line ship at sea.
09 Oct 2018
Conceptualized in India, the program complements Maersk’s global technological ecosystem and open innovation efforts.
A container ship accepting bunker fuel.
09 Oct 2018
Many shippers have created their own bunker adjustment factors (BAFs), but smaller beneficial cargo owners typically have to accept the BAFs proposed by ocean carriers. However, widespread distrust of the carrier fuel surcharge mechanism may have the effect of pushing more shippers towards coming up with their own BAF formula to have greater control of a process.
08 Oct 2018
While Loadsmart is far from the only startup to take on the idea of automating certain parts of the truck brokerage business — Convoy, Transfix, and Uber Freight are the most notable names in this movement — the former has been on a different growth path.
Chicago - logistics technology capital.
08 Oct 2018
End-to-end visibility will make supply chains more efficient, Chicago-based project44’s President Tommy Barnes says, but only if shippers use data received to collaborate with partners.
A container ship at a port.
08 Oct 2018
The Container Shipping Lines’ Association of India, in its latest report to the Ministry of Shipping, argued that cabotage relaxation has paid off with significant transshipment gains for Indian ports during September.
An APL ship.
08 Oct 2018
The Eagle GO Guaranteed Service — targeting shippers willing to pay premium rates for a faster and guaranteed service that provides a complete refund if the ocean carrier fails to meet the delivery date — will expand from 29 Asia ports to 150 Asia and Middle East ports.
The Port of Los Angeles.
05 Oct 2018
As uncertain as trans-Pacific rates have been, they are up 56 percent to the West Coast and 67 percent to the East Coast, compared with early Oct. 2017. However, more price volatility is anticipated as the peak season ends, importers prepare for the Chinese New Year, and proposed 25 percent Trump administration tariffs take effect on Jan. 1.
A freight train travels across China.
04 Oct 2018
China’s government has invested billions in the China-Europe rail network, and volume, propelled by subsidies, has surged. However, those subsidies have created other downsides for shippers and the broader market.
Container ship bunkering in Japan.
04 Oct 2018
A survey conducted by global shipping consultancy Drewry found considerable unease among global shippers and forwarders ahead of the low-sulfur fuel implementation. Concern was expressed by respondents about ocean carriers’ methods of fuel cost recovery with more than half, 56 percent, stating that they did not consider their service providers’ existing approaches as either fair or transparent.
Port of New York and New Jersey
01 Oct 2018
The port and government officials have created an advisory committee, called the North Atlantic Marine Highway Alliance, to stimulate barge use and reduce truck traffic and the pollution and congestion it creates.
Port of Los Angeles with a CMA CGM ship.
28 Sep 2018
Further, two key decision-makers, one each from the Port of Los Angeles and the Port of Long Beach, agreed that the early building of peak-season inventory this summer will be followed by slower growth in the fourth quarter of the year.
Container stowage.
26 Sep 2018
The ocean carrier found that existing rules regarding the stowage of dangerous goods cargoes, which create their own oxygen and can’t be extinguished using standard carbon dioxide-based on-board firefighting equipment, to be inadequate and has implemented new procedures across its fleet.
Nippon Cargo Airlines.
26 Sep 2018
Further, trans-Pacific shippers will welcome the additional capacity, especially this peak season, for several reasons.
A container ship at sea.
25 Sep 2018
The new bunker fuel adjustment factors will provide more insight concerning whether ocean carriers can recoup what they argue are increased operational costs for bunker fuel and for meeting the Jan. 1, 2020, low-sulfur mandate.
25 Sep 2018
Non-vessel-operating common carriers have come to the rescue of beneficial cargo owners seeking better service guarantees and lower rates from ocean carriers they have contracted with for Asian imports.
Port of Oakland.
24 Sep 2018
It is one of the ironies of container shipping. While the container may be one of the world’s greatest universal standards, creating untold benefits to trade and prosperity, the process of standardization around the movement of the container remains woefully incomplete.
Port of Los Angeles.
21 Sep 2018
However, analysts and stakeholders say shippers should not focus on the rate drop, but rather, they should prepare for unprecedented turmoil in the eastbound Pacific that is affecting cargo loading at Asian ports and delivery and storage in the United States.
The Port of Los Angeles.
20 Sep 2018
Already chaotic and upended, the Trump administration’s proposed Jan. 1, 2019, 25 percent tariff on imports from China is causing importers to scramble for ocean, truck, and rail capacity — with the next ramification being the warehouse variable: will there be any space after the front-loading of imports?
Ed DeNike, president, SSA Containers.
19 Sep 2018
Fifty-two-year shipping industry veteran Ed DeNike received the West Coast Containerization & Intermodal Institute Connie Award Tuesday in Long Beach, California.
Dover port, United Kingdom.
19 Sep 2018
“Unfortunately, a no-deal scenario is still quite possible,” according to European Council President Donald Tusk. “But if we act responsibly, we can avoid a catastrophe.”