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

17 Sep 2021
While the issue of container booking cancellations and no-shows is nothing new in the shipping arena, CMA CGM’s surcharge appears to be the first known case in the current acutely imbalanced market scenario.
17 Sep 2021
European regulators will find it increasingly hard to ignore complaints from shippers that supply chain delays and record transport prices are hurting their business, say shipper groups.
16 Sep 2021
Maersk issued its third upgrade of full-year 2021 results thanks to the continued strength of its ocean business and high freight rates.
15 Sep 2021
A consortium of container industry heavyweights has enlisted three banks in Asia to advise it on development of trade finance solutions to tether shipping data to new financing opportunities.
15 Sep 2021
Maersk is acquiring a Portuguese company that specializes in outsourced e-commerce fulfillment services to the fashion industry as the ocean carrier moves deeper into integrated logistics services.
14 Sep 2021
Mediterranean Shipping Co. is repositioning vessels from the trans-Atlantic to the trans-Pacific in a bid to meet the market’s high demand for Asia services.
14 Sep 2021
Vessel bunching at US ports and unprecedented bottlenecks landside will continue to cripple the US supply chain because a “fantastic peak” of imports from Asia shows no signs of abating for at least six months, according to industry analysts.
14 Sep 2021
Carrier association Shipping Australia believes the container shipping market will return to normal only when the effect of the COVID-19 shock on supply chains works its way through the system.
14 Sep 2021
Reduced harvesting in Asia has created additional demand for agricultural goods from the US and Australia, but a shortage of intra-Asia feeder ships is preventing exporters from taking full advantage.
10 Sep 2021
With their profitability now firmly established, carriers appear to be placing renewed vigor into growing their contracted cargo base.
09 Sep 2021
As part of the National Shipper Advisory Committee, the likes of Wal-Mart, Amazon, and DuPont will give guidance to the Federal Maritime Commission as the federal agency steps up its monitoring of the industry.
09 Sep 2021
Although monthly year-over-year import growth will be minimal during the peak season, import volumes will still be at near-record levels as they are benchmarked off of unusually large volumes in the second half of 2020.
09 Sep 2021
CMA CGM said its decision to suspend all spot rate increases until early 2022 is a matter of prioritizing long-term relationships with customers.
09 Sep 2021
The tight space and delayed shipments affecting European shippers are being driven by capacity-side issues, with increasing levels of deployed capacity effectively cut back by supply chain bottlenecks.
08 Sep 2021
More funding has flowed into container visibility solutions to address a growing need for shippers and their logistics providers to predict where and when disruptions are likely to occur.
07 Sep 2021
Smaller carriers have been able to shake off pre-pandemic losses and enjoy the profitability once reserved for the largest carriers that have the size to cut unit costs and offset low-rate levels.
07 Sep 2021
The addition of Halifax reflects MSC’s bullish assessment of India’s export outlook, with elevated sourcing from North American markets being a major contributing factor to a stronger-than-expected volume rebound.
07 Sep 2021
When ships sit outside ports and containers are not picked up and returned quickly, that loss of effective capacity causes record spot rates, high demurrage and detention costs, and lengthening transit times.
07 Sep 2021
Controlling dangerous wood-boring pests in wood packaging material will require more consistent enforcement across the US and helping the private sector learn how to look for these pests themselves.
06 Sep 2021
A tax on carbon emissions from global shipping will accelerate the development and deployment of zero-carbon fuels, believes the International Chamber of Shipping
02 Sep 2021
A trade group representing the chemical distribution industry is the latest to accuse ocean carriers of discriminatory business practices in their decisions about which bookings to take.
02 Sep 2021
Carriers keep building their fast-growing orderbooks, with OOCL adding another 10 vessels to the already significant capacity the Cosco Shipping subsidiary has on order.
02 Sep 2021
HMM’s unionized staff, operating around half of HMM’s container ship fleet, had voted in favor of a strike in August if no agreement was reached, while around 300 seafarers had signed resignation letters and threatened to join rival carriers.
01 Sep 2021
Disruption to Asia-North Europe supply chains is growing as the trade moves into its peak shipping period facing soaring rates and falling service levels.
01 Sep 2021
The responses of two major carriers to an importer’s complaint to the US Federal Maritime Commission underscores the difficulty in using a regulatory avenue to settle contract disputes.
01 Sep 2021
With trust between carriers and their customers at an all-time low in a highly unstable container shipping market, there is growing interest from all parties in the multiyear, two-way contracts enabled by the NYSHEX platform.
31 Aug 2021
Mediterranean Shipping Co. sat on top of the rankings for ocean carriers handling US imports while its 2M partner Maersk was top carrier on the export side.
30 Aug 2021
New data on the explosion of capacity being deployed in the Asia-US trade indicates there will likely be sufficient capacity to handle projected import volumes for the rest of the year, but the effective capacity will be reduced by port congestion in the US and Asia.
27 Aug 2021
Carriers expect another increase in profit in the second half of the year as a lack of available vessel capacity and port and landside congestion, particularly in North America and Asia, continues to push rates up.
26 Aug 2021
Schedule reliability continued to suffer in July in the eastbound trans-Pacific as carriers were challenged by port congestion issues and extra-loaders and new services that complicated cargo-handling operations at marine terminals.
26 Aug 2021
Rate increases on the Trans-Pacific vary because of what benchmarking platform Xeneta described as a “whole series of different markets” for different shippers.
25 Aug 2021
Orders for liquefied natural gas-fueled container ships have matched a two-year high as owners and operators stake out the best path to reduce shipping’s carbon footprint.
25 Aug 2021
Evergreen, Yang Ming, and Wan Hai have joined their peers in riding the market to a highly profitable second-quarter result.
24 Aug 2021
A rising tide of late shipments in the trans-Pacific trade is tying knots in US surface transportation networks and increasing the need for safety stock.
24 Aug 2021
The full opening of Ningbo’s Meidong marine terminal is reassuring the shipping industry that the disruption will have a smaller impact than the closing of Yantian International Container Terminals in late June.
24 Aug 2021
Maersk’s order of up to twelve 16,000-TEU methanol-powered ships raises the question of how other container lines will follow, as some carriers are betting on LNG to meet tightening emission restrictions and others are waiting to see how best to shift away from traditional bunker fuel.