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

03 Oct 2022
Major carriers and smaller liners are consolidating and halting trans-Pacific services amid a sharp drop in spot freight rates that hasn’t been cured by blank sailings.
04 Sep 2019
The 2M Alliance has added the Port of New Orleans to a route linking China with the Gulf of Mexico, giving the Gulf Coast port its second service from the Far East and adding to its rapidly growing volume of import cargo.
04 Sep 2019
For the second consecutive year, Maersk and MSC have withdrawn the AE2/Swan Asia-Europe service in a bid to match capacity with slack demand.
04 Sep 2019
Amid signs of newfound and relative stability, the container shipping industry faces two imminent challenges.
03 Sep 2019
Carriers are beginning to notify customers of low-sulfur fuel surcharges effective Oct. 1, but customers look at them only as preliminary estimates and expect adjustments this fall.
03 Sep 2019
Far more widespread demand for low-sulfur fuel will be required before prices stabilize enough for shippers to factor in the impact on Asia-Europe contracted rate levels.
03 Sep 2019
Freight operations are suspended in much of Florida as Hurricane Dorian passes on its way toward the Georgia and Carolina coasts.
02 Sep 2019
China’s largest carrier has expanded its Asia network with subsidiary OOCL to capture volume displaced by the US-China trade war.
02 Sep 2019
A container shipping consortium of nine carriers designed to create common data standards in the industry released its first set of digital process guidelines governing the journey of shipments, containers, and vessels.
Peder Winther
30 Aug 2019
Sponsored: Like most members of the global maritime industry, Switzerland-based Panalpina is weathering challenging geopolitical ti mes, while at the same time continuing to grow its supply-chain solutions and managing the costs of doing business. In this interview, Peder Winther, Executive Vice President and Global Head of Ocean Freight, is explicit in how Panalpina is maintaining the right balance.
30 Aug 2019
This week’s double-digit surge in spot rates is more tariff-driven than anything else because there is little cargo rolling in Asia to generate a bidding war among BCOs for vessel space leaving Asia.
30 Aug 2019
Falling rates on the Asia-North Europe trade is expected to lead to another round of blank sailings as carriers try to match capacity with the weakening demand.
28 Aug 2019
Wide-ranging software development — from in-house teams to fostering startups — in Bangalore shows Maersk is putting resources toward its stated intent to become a global logistics integrator.
27 Aug 2019
A forwarder that has just launched a new index to document price changes on freight moving from Asia to Mexico says the peak season will be weak this year, as consumers shy away from spending due to the country’s ailing economy.
27 Aug 2019
JOC Senior Technology Editor Eric Johnson talks about what the introduction of three new carrier-developed digital entities — TradeLens, the Global Business Shipping Network, and the Digital Container Shipping Association — means to the liner shipping industry.
26 Aug 2019
The parent company of Orient Overseas Container Line (OOCL) said it had turned a profit in the first half of 2019, and that the strategy of keeping the two carriers as separate entities was “bearing fruit.”
23 Aug 2019
China announced its own round of new tariffs, prompting President Donald Trump late Friday to raise US tariffs on Chinese imports and instruct US companies to begin looking for alternatives to doing business with Beijing.
23 Aug 2019
Announcing what it said was a “socially responsible choice” to protect the Arctic and the planet, CMA CGM will not allow its ships to sail along the Northern Sea Route from Europe to Asia, and will protect the environment by prioritizing the use of LNG fuel.
23 Aug 2019
The Port of Virginia will shift more vessel calls to the Virginia International Gateway (VIG) terminal so shippers using rail can receive their cargo faster.
23 Aug 2019
WWO says it will fully cooperate with Australia’s ongoing ro-ro cartel investigation that had already ensnared Japanese firms NYK and “K” Line.
Trans-Pacific westbound spot rate plunge set to deepen
22 Aug 2019
Spot rates in the westbound Pacific took a sizable drop this month due to declining US exports to Asia, which are resulting in especially low vessel utilization rates. The normal strong rebound, which should begin in November, could be muted as a result.
21 Aug 2019
A 10-week peak-season-only service launched Aug. 5 by Cosco and OOCL amid weakening spot rates adds a new level of confusion in the eastbound trans-Pacific, which is only being heightened by single-voyage extra-loader services by other carriers.
21 Aug 2019
Zim’s broadening partnership with the 2M Alliance helped the Israeli carrier record a profit in the second quarter of 2019 and an increase in freight rates for the quarter over the same period in 2018.
21 Aug 2019
The strong quarter for Maersk will strengthen its resolve in making what amounts to an existential bet that the integrator path is the best response to the commodification of ocean shipping.
19 Aug 2019
Carriers could react to the continuing decline in spot rates in the eastbound trans-Pacific by canceling more sailings during Oct. 2-7 Golden Week and beyond.
19 Aug 2019
Monetization of TradeLens would give the largest global container line another revenue stream not tied to ocean shipping, furthering its effort to become an integrator.
19 Aug 2019
Carrier market share in the trans-Pacific is not expected to change much in the next few months, in part because carriers will manage capacity by blanking individual sailings and deploying extra-loader vessels to handle import surges.
16 Aug 2019
Declining eastbound trans-Pacific container spot rates this week indicate that predictions of a weak peak season could be accurate.
16 Aug 2019
As tough as compliance with the IMO 2020 low-sulfur regulations will be, the switch to a cleaner fossil-based fuel will not be enough to achieve the IMO’s long-term zero-emissions target.
15 Aug 2019
Container carriers have already begun voluntarily reducing their carbon footprints, but shippers need to be prepared for the disruptive — and expensive — changes that must take place for the wider industry to reach IMO-mandated emissions reduction targets.
15 Aug 2019
The initial growth in volume booked via Maersk Line’s new online tool gives carriers further impetus to provide similar products that offer guaranteed contract reliability.
15 Aug 2019
It was a modest second quarter result, but Maersk Line continues to improve its profitability by improving reliability and resisting any temptation to chase market share.
14 Aug 2019
It has been several years since Seoul-based container carrier HMM has managed to report a quarterly profit, and the second quarter of 2019 was no different.
14 Aug 2019
Evergreen Marine has plunged deeper into the mega-ship operating space, ordering another 11 ships in addition to the 11 that are already being built and delivered.
13 Aug 2019
Will stiff fines force greater compliance by shippers with hazardous cargo declaration, or is technology a better way to prevent devastating ship fires?
13 Aug 2019
Yang Ming improved its revenue and volume in the first half of the year, but the Taiwanese carrier raised concerns over growing capacity and weaker demand.