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

22 Oct 2021
International air freight and last-mile delivery saw the fastest revenue growth in the transportation sector last year, while industrial transportation suffered.
22 Oct 2021
Zim is pivoting from its strategy of chartering vessels, rather than owning them, scooping up seven secondhand vessels for $320 million in total, a sign of just how intense the global scramble for capacity has become.
22 Oct 2021
With container carriers diverting calls away from congested ports in India, exporters looking to take advantage of peak season demand have been forced to reconfigure their shipment plans.
21 Oct 2021
The inauguration of HMM’s Far East-India-Latin America service comes as freight rates between Asia and Brazil are at a record high of around $13,000/FEU.
21 Oct 2021
The regulatory requirements governing the shipping of dangerous goods make their handling more complex, which shippers believe is behind growing difficulties in securing equipment and space on vessels.
20 Oct 2021
FourKites is helping its customers tackle the management of detention and demurrage charges through a dashboard that help them prioritize containers likely to incur free time fees.
20 Oct 2021
Anyone trying to read into recent activity in freight rate indices should be careful to distinguish between what they would like to see and what they might actually be seeing, JOC analyst Lars Jensen says.
20 Oct 2021
Drewry said it will take about a half year longer than previously thought for container markets to be restored to a better balance.
19 Oct 2021
Container leasing companies question the cost efficiencies of retailers leasing containers and chartering ocean vessels and suggest retailers work with ocean carriers.
19 Oct 2021
In a move aimed at accelerating the decarbonization of global shipping, some of the world’s mega shippers have signaled their intention to work only with carriers and logistics providers that support their zero-carbon targets.
18 Oct 2021
An early Chinese New Year and shippers trying to get ahead of the growing Asia-North Europe port congestion could push up demand and freight rates through December.
18 Oct 2021
The White House’s intervention to resolve port bottlenecks in Southern California faces steep challenges that will require coordinated action from terminals, truckers, and distribution centers effectively acting as an integrated system.
15 Oct 2021
The average cost to ship an FEU from India’s main container ports to the US East and West coasts is now hovering near $14,000 for low-volume customers.
14 Oct 2021
Worsening port congestion is forcing western governments to realize that strong infrastructure is crucial to global trade and that migration rules need to be eased in order to fill supply chain jobs.
14 Oct 2021
Mediterranean Shipping Co. (MSC) has standardized the code for all the container facilities it uses globally, the first carrier to use a facility code format developed in part by the Digital Container Shipping Association.
13 Oct 2021
The congestion at North European hub ports is growing despite relatively flat volume growth compared to pre-pandemic 2019.
08 Oct 2021
Cosco Shipping told shareholders to expect a major increase in third-quarter and nine-month profitability thanks to the surge in freight rates and high demand.
08 Oct 2021
Third-quarter operational results from OOCL provide an early indication that carriers are firmly on course to reporting another highly profitable period in what will be a record-breaking financial year.
08 Oct 2021
A new routing through Jebel Ali builds on a string of additional capacity deployments by foreign mainliners active out of Indian trades, with the US route being the most sought-after bet.
07 Oct 2021
A dramatic decline in eastbound trans-Pacific spot rates this week is seen as a temporary reprieve for US importers that was caused by production cutbacks in China and a continuous influx of new capacity of chartered ships.
07 Oct 2021
A revised estimate of container shipping profitability through 2022 reveals no slowdown in the immense earnings being raked in by carriers in a heavily disrupted shipping environment.
05 Oct 2021
Increasing resilience to deal with a scenario that we have never seen in the 65-year history of container shipping is unlikely to be something market participants truly want to pay for, writes JOC analyst Lars Jensen.
04 Oct 2021
Planned increases in capacity to be deployed by carriers in the fourth quarter on Asia-Europe look impressive, but the extra space is being significantly reduced by port congestion that is delaying ships and upending schedules.
01 Oct 2021
If passed into law as currently written, the Ocean Shipping Reform Act of 2021 would bring about the most profound changes to maritime contracting since the 1998 version by allowing the government to weigh in on what constitutes a “reasonable” agreement.
30 Sep 2021
While carriers are enhancing intra-Asia operations, the moves come as shippers are seeing a shortfall in intra-Asia capacity as carriers skip port calls or redeploy larger vessels on main east-west trades, even as volumes surge.
30 Sep 2021
US importers are taking bolder action to guarantee capacity in ways that would have been unimaginable in years past, from chartering ships, embracing transloading, and paying more to secure contracted ocean capacity
29 Sep 2021
The trans-Atlantic trade lane heads into its busy fourth quarter facing the same capacity-cutting port congestion issues as the larger trades out of Asia, leaving little room for rates to drop from record highs.
24 Sep 2021
Pinched at both Asian load ports and US receiving ports, trans-Pacific carriers in August registered their fourth consecutive month of deteriorating on-time performance.
24 Sep 2021
An alliance of 150 industry giants is urging governments to get behind a global initiative that aims to decarbonize shipping by 2050.
24 Sep 2021
There is a growing spread between the highest and lowest spot rates as cargo owners fight for limited space on the trans-Pacific and Asia-Europe trades.
24 Sep 2021
Delays in Vietnamese production amid sky-high consumer demand in North America could create a surge in volume when factories reopen, putting even more pressure on already overwhelmed trans-Pacific supply chains.
23 Sep 2021
The latest move to tap into India’s export growth comes via a vessel-sharing deal between four regional carriers predominantly operating on intra-Asia trades.
22 Sep 2021
Two cases before the Federal Maritime Commission will test the limits of the regulator’s interpretative rule on detention and demurrage penalties.
22 Sep 2021
Chassis providers warn that only the easing of import volumes, and the resulting reversal of rising dwell times, will relieve tightness in equipment supply as production capacity is maxed out.
22 Sep 2021
With a declared transit time of 21 days from India’s JNPT to Norfolk, the new string boasts the fastest connection on the booming trade route, with the first westbound sailing scheduled for Oct. 25.
21 Sep 2021
After a year of pandemic-induced delays, demand for refrigerated containers equipped with active controlled-atmosphere (CA) technology, typically reserved for high-value produce, has increased among a wider range of shippers.