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

30 Sep 2022
Spot rates in the eastbound trans-Pacific are dropping so quickly — and by such large amounts — that industry analysts warn carriers could soon be carrying containers at a loss.
31 Mar 2021
Maersk said its new service to US Southeast ports will add faster transits from Asia and serves the rapidly growing Vietnam export market.
30 Mar 2021
Cosco joins other carriers in posting strong profit figures for 2020 due to the rebound in rates and volumes in the second half of last year.
30 Mar 2021
Daniel Maffei is taking the helm of the Federal Maritime Commission as port congestion has grabbed the attention of the new Biden administration and some exporters accuse container lines of refusing bookings.
30 Mar 2021
Sweeping aside the reality that no shipper has been spared the impact of the pandemic on container shipping, agricultural exporters have sought to place the blame squarely on ocean carriers for causing undue harm to US exporters specifically.
30 Mar 2021
The long-term impact of the Suez Canal blockage on the Asia-Europe supply chain has tempered relief that the vital waterway has finally reopened and traffic is flowing again.
29 Mar 2021
The average price for a 20-foot dry container is up around 50 percent since last year, and a backlog of orders means those buying new boxes now will have to wait until August for delivery.
29 Mar 2021
Salvors reported that Suez Canal transits can resume after the Ever Given has been successfully dislodged and is towed away for inspection.
27 Mar 2021
The impact on the container shipping supply chain of the Suez Canal blockage will extend well beyond the refloating of the Ever Given.
26 Mar 2021
Ocean carriers are beginning to divert ships and shippers face further delays if weekend efforts to refloat the Ever Given don’t work.
26 Mar 2021
OOCL has continued to invest in new ships and services, placing an order last year for 12 23,000-TEU vessels for delivery during 2023-2024.
25 Mar 2021
Global on-time vessel performance improved marginally in February, but reliability in the Asia-North America trades continued to slide, hitting new record lows for the month.
25 Mar 2021
With more than 30 container ships still waiting to transit the Suez Canal on Thursday, major ports in Europe are bracing for a deluge of cargo once the grounded Ever Given is refloated.
24 Mar 2021
US resin exports are expected to see a sharp drop in the second quarter as Gulf Coast producers restart after severe February weather disrupted operations.
24 Mar 2021
With the Asia-Europe supply chain struggling to manage months of high volume, the blocking of the vital Suez Canal trade artery adds further volatility to the busy route.
23 Mar 2021
Hapag-Lloyd hopes capital markets will underwrite its transition to a low-carbon future with plans to market its first “green bond,” with the new debt used in part to purchase ships that run on alternative fuels.
23 Mar 2021
After reaching a record low in 2020, a spate of orders for container ships scheduled for delivery from early 2023 has revived the excess capacity discussion.
22 Mar 2021
Carriers have so much leverage this year that in addition to the service contract rate, some are quoting a second-tier rate, reportedly much higher than the contract rate, for commitments of cargo beyond the shipper’s minimum quantity commitment (MQC).
22 Mar 2021
Zim Integrated Shipping Services said it believes global port congestion has reached its peak, it doesn’t expect US import pressures to let up.
19 Mar 2021
The dispute at the Port of Charleston is a rare flare-up in what has been a mostly peaceful longshore labor environment on the East and Gulf coasts over many years.
19 Mar 2021
Decarbonization goals at global shippers is pushing the industry toward more granular scrutiny of supply chain-related emissions, a task that’s being helped by emergent technology and a focus on shipper collaboration.
18 Mar 2021
The consensus among shippers, forwarders, and carriers is that strong consumer demand in North America will continue through the second quarter and into the traditional peak season.
18 Mar 2021
Despite the IMO 2020’s sulfur cap, the COVID-19 collapse in oil prices last year made the case for sulfur scrubbers less urgent. But BIMCO said scrubbers now make sense.
18 Mar 2021
SCI’s stake sale is part of a renewed effort by the Indian government to mop up additional financial resources to support infrastructure development and social schemes that became even more challenging with the COVID-19 pandemic.
18 Mar 2021
After announcing its highly profitable operating results in January, Hapag-Lloyd’s annual financial report only reinforced what was an incredibly successful 2020 for the carrier.
18 Mar 2021
Vessel call and berth optimization software provider Portchain has added to its roster of carrier and port clients with the addition of the terminal operator at two container terminals in St. Petersburg.
17 Mar 2021
The addition of NileDutch to the Hapag-Lloyd network adds significant capacity in an expanding market.
17 Mar 2021
Even as containerized agriculture exports have grown every year since 2015 and global commodity prices rise, agriculture exporters won’t find it easier to secure equipment and ocean slot space until the import imbalance eases.
15 Mar 2021
MSC said it will bring on a new trans-Pacific service linking the southern Chinese port of Yantian and Vietnam with the two largest ports in the US Southeast and New York.
15 Mar 2021
There is no sign from the operational side of the container shipping industry that the bottlenecks will be resolved in the short term., meaning shippers need to plan for the current challenges to be a normal state of affairs for a while longer.
12 Mar 2021
The world’s third-largest container carrier has reported a huge turnaround from the losses of 2019, driven by higher rates and strong demand in the second half of last year.
12 Mar 2021
Multiple factors are lining up to rock the traditional stability of the trans-Atlantic, even as those on the trade prepare for strong growth in volume.
11 Mar 2021
Container line CEOs and others told the JOC's TPM21 conference that carriers have been doing their best to adjust to volumes that surged to record levels in the second half of 2020 after plummeting during early COVID-19 lockdowns.
10 Mar 2021
More members of Congress are asking federal maritime regulators to speed up their probe into the lack of export container availability for US agricultural shippers, saying monthly updates are needed.
10 Mar 2021
With green ammonia quickly emerging as one of the most promising zero-carbon fuels of the future, a group of companies involved in the maritime industry have signed up to a bunkering study in Singapore.
09 Mar 2021
Maersk’s small shipper offering Twill and logistics software provider Freightos are testing a new workflow that will for the first time redirect shippers from the Freightos rate marketplace to a service provider’s shipment management platform.