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

18 Nov 2019
Most major carriers and some freight forwarders have announced their own bunker adjustment factor (BAF) formulas to offset higher fuel costs, but there is little commonality in pricing or even what they are called.
01 Mar 2019
Despite carrier efforts to reduce capacity via blank sailings, spot rates declined for the third consecutive week following annual factory closures in Asia during Lunar New Year festivities.
28 Feb 2019
With shippers already pushing back on low-sulfur fuel fees, tough annual contract talks lie ahead as carrier reliability on the trans-Pacific drops to new lows in January.
27 Feb 2019
Upcoming trans-Pacific service contract talks give BCOs an opportunity to reassess haulage options, but choosing between carrier and merchant models requires a delicate balance between cost and control.
27 Feb 2019
The risk of severe disruption in early 2020 should be on the minds of all beneficial cargo owners and forwarders leading up to the Jan. 1 imposition of the IMO's low-sulfur fuel rules.
27 Feb 2019
APL is taking its expedited EXX service from Shanghai to LA, guaranteeing rapid rail delivery to key inland hubs despite congestion at West Coast ports and on intermodal rail routes.
26 Feb 2019
Matson CEO Matt Cox says additional costs associated with the IMO's 2020 low-sulfur fuel rules are quickly becoming the defining factor in annual trans-Pacific contract negotiations.
26 Feb 2019
Two of the three top container lines say that the Department of Justice has closed its investigation into the container shipping industry and released them from their related obligations.
26 Feb 2019
Rising demand on its Asia-Europe express network is seeing UPS make some big investments in infrastructure and aircraft capacity to keep up.
25 Feb 2019
The first full year for a merged Hapag-Lloyd-UASC entity saw a better operating result, but strong volume gains in 2018 were held back by lower freight rates and higher fuel costs.
25 Feb 2019
NVOs' sweet spot in 2019 service contracts will be those BCOs who had booked space with carriers during the 2018 peak season, but turned to NVOs once those carriers failed to keep their commitments for space and price.
22 Feb 2019
To lease or not to lease? That is the question for ocean carriers looking to expand their refrigerated container fleet.
22 Feb 2019
Detention and demurrage cost shippers thousands every year, and although no one can completely eliminate these penalties, there are a few ways shippers can lower their financial risk.
21 Feb 2019
Early indications leading up to the TPM conference March 3 are that BCOs can expect a sizable increase in base service contract rates this year, with additional charges later in the year when carriers shift to low-sulfur fuel to comply with the IMO global mandate.
21 Feb 2019
The higher cost of low-sulfur fuel remains one of the greatest threats to carrier profitability over the next year.
20 Feb 2019
The $421 million acquisition of P&O Ferries builds on the Dubai-based terminal operator’s purchase of European shortsea and feeder specialist Unifeeder last August.
20 Feb 2019
The European Commission is reviewing submissions regarding a five-year extension of the exemption covering liner carrier consortia in advance of a 2020 expiration of the current extension.
20 Feb 2019
Unlike their larger counterparts, smaller BCOs won’t be able to create their own bunker adjustment factor (BAF) formula and will have to accept varying formulas from carriers, which will likely translate to higher per TEU fuel prices.
19 Feb 2019
With less than a year to go before the IMO's global requirement for the use of low-sulfur fuel, vessel operators still lack clarity into plans by refiners and suppliers to ensure sufficient fuel and infrastructure at major US gateways.
19 Feb 2019
The recently completed dredging project will allow India's busiest container port to handle vessels with a capacity of 12,500 TEU without tidal restrictions, and officials expect efficiency gains as well.
19 Feb 2019
Rapid consolidation of container carriers hasn't spurred large-scale rate increases, but it has resulted in increasingly divergent strategies, with some firms focusing solely on ocean transport while others opt for a more "end-to-end" approach.
19 Feb 2019
After initially struggling to attract liner customers due to high tariffs, the Adani Ennore Container Terminal (AECT) reported record volumes in each of the last three months, but that growth will be difficult to sustain with so much local competition.
14 Feb 2019
Consolidation in the GTM software space and Maersk's purchase of customs broker Vandergrift are signs shippers want to more closely link logistics and compliance activities.
13 Feb 2019
CFO Michael Sirat tells JOC.com CEVA will compete for the container carrier’s business like any other forwarder.
12 Feb 2019
The deal gives the company more trade compliance firepower to accelerate its evolution to an integrator able to provide deeper supply chain management to shippers.
11 Feb 2019
US retailers project solid middle-single-digit growth in imports through June despite large amount of front-loading that has taken place the past three months.
08 Feb 2019
Maersk and others are cracking down on dangerous goods misdeclarations, but more awareness is needed to address the underlying issues behind improper cargo classification.
06 Feb 2019
PSA International’s new terminal at India’s busiest container gateway handled a record 67,661 TEU in January and is poised for more growth as the year continues.
01 Feb 2019
While blockchain hasn't happened yet in shipping, it remains for many an inchoate concept.
31 Jan 2019
The Bangladesh government is introducing pre-arrival processing of import documents at ports in July.
31 Jan 2019
Carriers on the Asia-US trade had an unexpectedly strong December, but will it last, is the question troubling the container shipping lines.
Rotterdam port.
30 Jan 2019
The injection of vessels comes as demand growth of Asia-Europe westbound volume slows.
DSV Logistics.
29 Jan 2019
European forwarders are trying to blunt ocean carriers from encroaching on their business.
Blockchain and container shipping.
29 Jan 2019
New research shows blockchain technology has a way to go before convincing the majority of enterprises of its near-term value.
CMA CGM.
28 Jan 2019
CEVA Logistics wants shareholders to bear in mind the benefits of its strategic partnership with CMA CGM and turn down a bid by the carrier, highlighting the growth inherent in the company.
Port of Oakland.
28 Jan 2019
The year 2019 will likely become one of the most consequential in a generation for container shipping; old challenges are off the table, but new ones have replaced them.