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

05 Dec 2022
Declining freight volumes and spot rates at pre-pandemic levels indicate the trans-Pacific will experience a “hard landing” in the coming months, an industry analyst said.
20 Jan 2017
Vehicle buyers and dealers sought treble damages.
20 Jan 2017
Spot rates in eastbound Pacific stabilize at a high level as Chinese New Year approaches.
20 Jan 2017
Largest container terminal in Oakland falls victim to ILWU Trump protest.
20 Jan 2017
The deployment of larger ships and economic weakness in some eastern markets will weigh on spot rates, according to Drewry Shipping Consultants.
20 Jan 2017
The group at the Danish Maritime Forum called for the establishment of an industry taskforce to come up with a plan to reduce the emissions in a unified and global context.
20 Jan 2017
The spot rates on Asia-Europe are slowly losing their gains made in late December, but have been surprisingly resilient into January.
20 Jan 2017
After the share price of OOCL's parent soared by 30 percent in two weeks on speculation that it is for sale, the company has said no bid for the carrier has been received.
18 Jan 2017
A New Jersey judge allows Hanjin Shipping to sell its share of a company that operates terminals in Seattle and Long Beach
18 Jan 2017
Concerned about Hanjin's demise and uncertainty surrounding alliances, some BCOs will take higher rates now to ensure stability.
18 Jan 2017
In an exclusive interview with JOC.com, Hyundai Merchant Marine President and CEO C.K. Yoo lays out the plans of South Korea's largest container line in 2017.
17 Jan 2017
Investors continue to trade heavily in OOCL shares amid speculation that the Hong Kong-based carrier is for sale.
17 Jan 2017
SM Line will set sail without the help of an alliance.
17 Jan 2017
The ongoing rise in trans-Pacific spot rates has so far not been replicated in contract rates for large shippers.
17 Jan 2017
Thorco Projects and MC-Schiffahrt have established a joint pool with an initial 14 vessels.
17 Jan 2017
French line CMA CGM has followed through on its commitment to making Singapore its Asian hub with the opening of a regional operations centre in the city-state.
16 Jan 2017
Bond issuance comes ahead of its merger with United Arab Shipping Co.
16 Jan 2017
Asia-Europe container carriers are breathing a sigh of relief as traffic edged higher in 2016, despite another dull peak season, reversing the previous year’s slump.
16 Jan 2017
US ports will face unprecedented operational challenges when ocean carriers on April 1 restructure their vessel-sharing alliances.
16 Jan 2017
Overcapacity, a wider Panama Canal, Hanjin's failure, and sustained weak demand for containerized cargo are hurting non-operating ship owners as chartered vessels come flooding back.
14 Jan 2017
Creditors worried they won’t be properly compensated with the sale proceeds.
13 Jan 2017
Northwest Seaport Alliance receives guarantee it said it needed to withdraw its objection to sale of former Hanjin terminal in Seattle.
13 Jan 2017
Trans-Pacific spot rate increases again in run-up to the Chinese New Year.
13 Jan 2017
OOCL's partners in the Ocean Alliance are the most likely to buy the Hong Kong-based container line, analysts say, provided it is for sale.
13 Jan 2017
Spot rates on Asia-Europe are still well above last year's levels with tight space supporting prices.
12 Jan 2017
If additional carriers go bankrupt, the lines that remain will quickly consolidate their power, enabling them to dictate pricing.
12 Jan 2017
Steadily increasing bunker fuel prices will enable carriers on the intra-Asia trade to raise rates that are at unprofitable levels on some regional routes.
11 Jan 2017
Eimskip has averted a strike that was planned for next week.
11 Jan 2017
Takeover talk has long swirled around Hong Kong-listed OOIL, parent of OOCL, and new rumors are again seeing intense trading on the local bourse.
10 Jan 2017
Maersk Line has expanded its footprint in Iran by adding a second port of call.
10 Jan 2017
Eimskip is facing a strike on its container ships next week.
10 Jan 2017
Market uncertainty is seeing Asia-Europe shippers and carriers sitting on the fence rather than at the service contract negotiating table.
09 Jan 2017
2016 was one of the wildest years in container shipping history, and with the industry in such a dynamic state, 2017 will likely hold its own surprises.
09 Jan 2017
The new alliances are likely to have only a limited effect on productivity and the number of services available to shippers at North Europe ports.
09 Jan 2017
Years of unprofitability lie ahead for carriers with excess capacity and low rates likely to drive further consolidation.
08 Jan 2017
As a smaller number of ship lines ply the trans-Pacific, shippers may opt for higher rates to avoid risk.