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

01 Aug 2021
A formal complaint from a US home goods importers to maritime regulators is the first of its kind since the COVID-19 pandemic began and speaks to a growing sentiment among shippers and some forwarders that container lines have unfairly taken advantage of the resulting disruption.
13 May 2021
Maersk says its integrated logistics strategy cuts out the boom-and-bust cycles that characterize container shipping and brings greater reliability to a notoriously unreliable supply chain.
12 May 2021
The market outlook may be uncertain, but carrier profitability has never been clearer, with Hapag-Lloyd more profitable in the first quarter of this year than in all of 2020.
11 May 2021
The list of container lines able to quote rates and accept bookings through their websites has expanded over the past year, with Singapore-based Ocean Network Express now giving shippers and forwarders such tools.
11 May 2021
Maersk’s integrated logistics strategy is gathering momentum, the carrier says, as greater volume from its top 200 customers is locked into end-to-end multiyear contracts.
10 May 2021
Strong ocean shipping demand through the traditional slow summer season on the Asia-Europe trade will keep pressure on the container supply chain and support elevated rate levels.
07 May 2021
The upward revision to US import projections for peak shipping season sends a message to shippers and ports that tight vessel capacity and marine terminal congestion issues are far from over.
07 May 2021
Rotterdam has declared victory over the Suez surge in volume, but persistent delays at European hub ports have prompted some carriers to introduce congestion surcharges on imports and exports.
05 May 2021
Rising volume and rate levels through the first quarter allowed Maersk to dramatically increase its business and profitability across all business segments, posting a quarterly profit that is just shy of the carrier's full-year 2020 result.
05 May 2021
Looking at the cyclical history of container shipping and a rush of new vessel orders, it’s fair to wonder if the industry is setting itself up for another bout of overcapacity, but the reality is volumes will likely continue to grow faster than capacity.
04 May 2021
Hapag-Lloyd said truckers in the port of New York and New Jersey will be able to start dropping off empties at a new container yard and that it is working to sweep up empties that have built up at marine terminals there amid the US import surge.
03 May 2021
An advisory committee to the US Department of Commerce will explore new options to support manufacturers and agriculture exporters struggling to obtain empty containers at remote hinterland locations.
03 May 2021
Rates are increasing again on the Asia-East Coast of South America trade even as South American importers are facing a longer wait getting products from Asia.  
30 Apr 2021
Ocean Network Express has joined its peers in delivering profitability in the billions as the carrier capitalized on rising demand and high rates through the second half of its fiscal year.
29 Apr 2021
China’s Cosco Shipping Holdings has joined Maersk in posting a highly profitable first quarter result, and has predicted the positive earnings momentum will continue.
28 Apr 2021
The new Mediterranean Shipping Co. service from China to the Northwest Seaport Alliance of Seattle and Tacoma could be followed by others as carriers seek alternative gateways to Los Angeles-Long Beach.
28 Apr 2021
Greater interest from shippers in extending the duration of ocean contracts to mitigate volatile rates is becoming a trend on the major trades.
28 Apr 2021
Demand for guaranteed vessel space is expected to further drive shippers toward less-than-containerload services that saw double-digit percentage volume growth in the first quarter.
28 Apr 2021
Mediterranean Shipping Co. piloted an electronic bill of lading with 100 customers, leading to its rollout of a digital BL product designed to increase accuracy and security of the crucial shipping document.
27 Apr 2021
Vessel on-time performance improved slightly to the US West Coast in March and slipped a bit to the East Coast as vessel bunching continues to cause delays in ports on both coasts.
26 Apr 2021
Maersk upgraded revenue and profit expectations for the first quarter and full-year 2021 as it sees a better-than-expected demand for trans-Pacific shipping.
26 Apr 2021
After nearly a decade of systemic overcapacity that resulted in widespread consolidation and a moratorium on new vessel orders, container carriers are again ramping up vessel orders, but that doesn’t mean they’ll give up strong financial position in which they find themselves now.
26 Apr 2021
CMA CGM is supporting an experimental vessel that will sail around the world as part of a research project into viability of using seawater to produce hydrogen on board.
23 Apr 2021
Significant improvement in average revenue earned per TEU underpinned OOCL’s strong first quarter operational result.
22 Apr 2021
Rates on Asia-Europe and the trans-Pacific have been relatively stable, albeit at extremely high levels, for the past few months, which could have implications for shippers signing long-term contracts.
22 Apr 2021
Ongoing congestion and delays on the US West Coast have led Hapag-Lloyd to temporarily halt bookings for all cargoes due there from Latin America as carriers announced general rate increases on the trade.
21 Apr 2021
Midsize shippers say securing sufficient vessel space for their increased imports is more important than the higher freight rates in this year’s eastbound trans-Pacific service contract negotiations.
21 Apr 2021
The world’s largest maritime trade groups are making their first call to support a global carbon fee that aims to reduce shipping emissions.
19 Apr 2021
The difficulties in sourcing container equipment in Asia are intensifying, with unrelenting US import demand and choked logistics chains continuing to slow the turnaround of boxes.
15 Apr 2021
Maritime executives tell Congress the US needs to take a greater role in developing low-carbon shipping fuels.
15 Apr 2021
Shippers — big and small — need to re-assess their supply chain strategies for the post-pandemic new normal and find the best balance between transactional costs, and supply chain speed, flexibility, and resilience.
14 Apr 2021
Carriers and shippers have struggled with a shortage of boxes since the middle of last year as port congestion and vessels delays soak up container capacity and delay the return of empty boxes to key export markets.
14 Apr 2021
New ship orders have soared in the past few months, but there are rumblings of unease over the supply-demand balance once the vessels enter service in a couple of years.
13 Apr 2021
The carrier rate increases of April 1 may not have been fully realized, but the sharp increase has been driven by strong US import demand and disrupted schedules.
09 Apr 2021
Maersk is furthering its ambitions to get closer to its shipper customers with a new fourth-party logistics aimed at large cargo owners that struggle to tie together data around demand, inventory, and cargo flow.
09 Apr 2021
Suez delays and congestion in ports across Europe are slowing the return of equipment to Asia where it is needed for exports, leading carriers to advise shippers to expect container shortages in the coming weeks.