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

29 May 2020
Spot container rates spiked from the previous week as retailers replenished diminished inventories and after capacity has been reduced through dozens of blank sailings in May.
11 Jun 2019
There are plenty of reasons to expect another wave of front-loading, which in the second half of 2018 kept spot rates to the West Coast above $2,000 per FEU for 16 straight weeks and rates to the East Coast above $3,000 for 17 weeks.
11 Jun 2019
The second half may be a tough one for carriers on the Asia-Europe trade as slowing economies and weakening demand coincide with higher operating costs.
Sealand launches new dedicated US-Caribbean loop
11 Jun 2019
The Maersk subsidiary line will begin a weekly service connecting Port Everglades to the Dominican Republic and Haiti in July, adding to the nearly 1 million TEU the port already handles from the Caribbean, Central America, and South America.
10 Jun 2019
Steady is progress being made toward improving the accuracy and verifiability of supply chain carbon footprint data.
07 Jun 2019
The world’s largest container carrier is expecting continued growth in India despite a broad-based economic slowdown caused by declining consumer spending growth, geopolitical trade tensions, and financial volatility.
07 Jun 2019
The latest US sanctions on Venezuela, and political instability, are pushing up container shipping costs to the South American nation.
05 Jun 2019
Shippers, ocean carriers, and freight forwarders say cargo owners are already rushing shipments to get ahead of potential tariffs on $300 billion of US imports from China.
04 Jun 2019
Peak-season imports could be as much as 15 percent lower than last year's peak season, but BCOs should not expect spot rates to decline significantly because carriers will manage capacity through blank sailings.
04 Jun 2019
Hapag-Lloyd will place tracking devices on 100,000 reefer containers to increase visibility.
04 Jun 2019
CMA CGM is placing a bigger focus on breakbulk and project cargo shipments to and from India.
03 Jun 2019
With uncertainty surrounding US-Mexico relations, including threats of border shutdowns, tariffs and a Congressional showdown the US-Mexico-Canada agreement (USMCA-NAFTA 2), shippers are expressing more interest in all-water options to bypass any congestion on the border.
Carriers carving out a leading position in blockchain through TradeLens and securing a foothold in Internet of Things-based track-and-trace data through Traxens must be viewed chiefly as a competitive maneuver.
03 Jun 2019
After years of undercutting each other on rates to gain market share and the resulting waves of consolidation, large container carriers seem to have come to a realization that they will sink or swim together.
03 Jun 2019
China has supplied nearly two-thirds of containerized US household goods imports for several years, but increased tariffs are likely to curtail volumes.
31 May 2019
CP’s signing of Yang Ming to handle its Candian cargo — with some shipped on the vessels of its alliance partners via Halifax and Prince Rupert — comes a little more than a year after the railroad contracted the bulk of business from the Ocean Network Express (ONE).
31 May 2019
Exports of containerized scrap products from the US have declined every year since 2014, bad news for ports and shipping lines that depend upon recyclables as reliable backhaul commodities.
31 May 2019
The US-China trade war is keeping shippers on edge, and will likely cause further shifts in the JOC.com annual Top 100 US Importers and Exporters rankings in 2019.
JOC Top 100 Importers and Exporters Ranking 2018
30 May 2019
Walmart remained atop the list of the largest US importers by volume last year and is nearing the 1 million-TEU mark, moving more than 7.3 times the volume of online retail giant Amazon, which came in at No. 12.
Carriers signal blank sailing restraint
29 May 2019
The Ocean Alliance’s announcement of three blank sailings in June puts carriers and BCOs on alert that additional cancellations are likely if shipments from China continue to drop in the coming months.
29 May 2019
The French shipping group will rationalize its container carrier brands, with APL serving the trans-Pacific, Asia-Indian Subcontinent, Asia-Oceania, and US-flag trades, ANL focusing on Oceania, and CNC on intra-Asia.
29 May 2019
Maersk Line predicts trade in and out of Mexico will rise 3-8 percent in 2019, with help from the auto and beer sectors if both flourish.
28 May 2019
Economists and shipping industry leaders warn the US-China trade war could be a potential tipping point for a global economy that was already cooling before President Donald Trump raised tariffs on $200 billion in Chinese goods.
The Tuesday announcement of the TradeLens expansion came a day after Maersk said it would join CMA CGM and MSC as a shareholder and customer of Traxens.
28 May 2019
Container carriers are accelerating their push into the digital space, with three of the five largest lines now contributing to a blockchain platform led by IBM and Maersk, as well as coalescing around a specific piece of track-and-trace hardware.
27 May 2019
Despite strong expected consumer demand, uncertainty over the outcome of the US-China trade talks could reduce growth in US electronics imports in 2019, after 5.2 percent growth in 2018.
24 May 2019
The world's largest shipping line saw operating income increase in the first quarter of 2019, despite volume falling 2.2 percent, a sign that it won't be pulled into market share skirmishes and will instead focus on profitability, its CEO said.
Traxens is one of a number of container or shipment level sensor makers, but it has the advantage of direct investment from two of the world's top shipping lines.
23 May 2019
The French container sensor company will have 100,000 boxes fitted with its devices by the end of 2020, thanks to large orders from its two shipping line investors.
22 May 2019
Group Mexico’s purchase of Florida East Coast Railway has opened up new opportunities for Florida ports to court all-water service from Mexico to bypass the congestion of Texas border crossings.
Trans-Pacific carriers begin blanking sailings
22 May 2019
The Ocean Alliance will skip two Asia-US West Coast sailings in June in an effort to maintain rates as the US-China trade war takes a toll on volume.
22 May 2019
The Port of Houston is using soon-to-be-signed legislation limiting vessel sizes on its ship channel as motivation to expedite a widening project that will enable 13,000-TEU ships to access the port in four to five years.
21 May 2019
Container carriers have been altering stowage plans for neo-Panamax ships to mitigate the current draft limits, according to the Panama Canal Authority.
21 May 2019
The Texas Legislature’s House of Representatives on Friday approved legislation that would prohibit ships of 9,500 TEU or greater from entering the channel without prior approval from the port pilots’ board.
20 May 2019
A proposal to impose mandatory speed limits on ocean vessels faces an uncertain future after being tabled at last week’s meeting of the IMO’s Marine Environmental Protection Committee.
20 May 2019
Port proponents worry newly threatened tariffs from the Trump administration on ship-to-shore cranes and containers will dampen investment and productivity, as the recent escalation of tariffs pushes up chassis production costs.
20 May 2019
Shallow Panama Canal draft limits have already pushed up spot rates from Asia to the East Coast, with the cost of moving an FEU up 14 percent year over year.
16 May 2019
In the latest step in the ocean carrier’s transformation into a “global integrator” of container logistics, Maersk Line has folded in the inland services formerly operated by APM Terminals.
16 May 2019
Digital Container Shipping Association officials say improving standards around cargo visibility is a top priority of the new carrier coalition.