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

04 Mar 2021
A group of 24 senators wrote to the US Federal Maritime Commission (FMC) in support of its investigation into accusations carriers have been denying export bookings, thereby injuring the US agricultural sector
SM Line to join 2M Alliance in cooperation agreement
12 Feb 2020
A cooperation agreement between the 2M Alliance and SM Lines that begins April 1 will increase the alliance’s presence in the Pacific Northwest.
12 Feb 2020
Maersk has replaced its outgoing CFO with an executive from the chemicals industry to help drive the carrier’s M&A and innovation strategy.
NYSHEX moves into long-term contract space
12 Feb 2020
The New York Shipping Exchange has begun allowing shippers and freight buyers to migrate their long-term contracts with container lines onto the NYSHEX platform, essentially allowing contracts negotiated outside the exchange to be fully and mutually enforceable as if they were transacted within the exchange.
10 Feb 2020
Logistics experts say a return to full production in China is unlikely before the end of February, while the post-Lunar New Year lull in the trans-Pacific could extend into March because of delayed factory re-openings due to the coronavirus.
10 Feb 2020
French carrier CMA CGM has partnered with a Europe research institute to conduct an around-the-world test of the potential of hydrogen as a clean and sustainable energy source.
07 Feb 2020
Shippers are watching with mounting concern as measures to combat the coronavirus outbreak in China begin to weigh heavily on supply chains.
06 Feb 2020
The price of low-sulfur fuel has fallen sharply off its January highs, but the monthly review period that governs bunker adjustment factor mechanisms means surcharges are going up.
06 Feb 2020
It's still too early to determine the eventual impact of the 2019 novel coronavirus on global trade, but an extended shutdown of factories and transit lines to and from manufacturing centers in China could have major downstream implications for ocean carriers.
05 Feb 2020
Maersk will blank six sailings this month due to the coronavirus, and said while the backlog of barge operations from Wuhan was easing, it was working with reefer shippers to mitigate port plug-in power capabilities.
05 Feb 2020
Major carriers, including Mediterranean Shipping Co. and Hapag-Lloyd, last week announced a GRI of $400 per TEU and $500 per FEU for all types of cargo moving on the westbound Indian trade to the US and Canada, effective March 1.
05 Feb 2020
Singapore-headquartered ONE has reported its third consecutive profitable quarter, turning around a dismal first year of operation in 2018 and heading for a positive 2019 fiscal year.
Coronavirus to cost China ports 6 million TEU in Q1: analyst
05 Feb 2020
The first real estimate of the impact the coronavirus will have on China’s container supply chain has been made, and it is significant.
04 Feb 2020
More than a year and a half after establishing a 40-foot container rate index on 12 global trades, the Baltic Exchange has started offering its daily Freightos Baltic Index as a benchmark for freight buyers.
04 Feb 2020
Data shows that backhaul shippers are being partially subsidized by headhaul shippers; for the Pacific backhaul, that figure is roughly $1.6 billion annually.
03 Feb 2020
Beneficial cargo owners are increasingly worried that disruptions in the manufacturing and logistics supply chains in China could worsen in the coming weeks due to the coronavirus. One shipper group has asked carriers to extend free time for container storage in the US.
03 Feb 2020
Australian shippers are breathing a sigh of relief, at least for now, after a court order was issued preventing longshore workers from striking against DP World Australia amid an ongoing 16-month contract dispute.
Shippers brace for blank sailings as container lines monitor coronavirus
31 Jan 2020
With response measures to the coronavirus evolving rapidly, it’s still too soon to determine the impact on container shipping given the seasonal lull in demand driven by the now-extended Lunar New Year celebrations.
31 Jan 2020
While the post-IMO 2020 chaos some thought would happen never materialized, low-sulfur fuel prices are on a wild ride down as the bunker supply chain recalibrates under new market dynamics.
30 Jan 2020
A Chinese government mandate extending the Lunar New Year holidays due to the deadly coronavirus means carriers and US ports will experience slack-season volumes well into March.
30 Jan 2020
Container shipping analysts say contract and spot rates are following seasonal patterns that do not reflect the added costs that come with IMO 2020 compliance.
Sartini takes over CMA CGM terminal role
29 Jan 2020
CMA CGM has made some senior leadership changes as part of a group restructuring.
NYSHEX volume tripled, membership doubled in 2019
29 Jan 2020
New York Shipping Exchange (NYSHEX) said 96.4 percent of contracts last year were fulfilled, meaning that carriers accepted the cargo for the sailing it was booked for and cargo owners and non-vessel operating common carriers delivered the containers they contracted.
28 Jan 2020
The use of low-sulfur fuel and LNG in shipping have come under fire from groups in Europe alleging that harmful emissions from certain low-sulfur blends and methane could be harmful to the environment.
28 Jan 2020
The group pushing process and data standards in the container shipping industry has released a new set governing the tracking and tracing of container shipments across systems and carriers.
27 Jan 2020
Despite stiff truck competition, East Coast ports have taken aggressive steps to capture more intermodal cargo and spend significant capital to build out rail infrastructure.
Container lines call Indian terminal pricing regulation a ‘trade disruptor’
27 Jan 2020
Carriers are pushing back against the latest move by Indian regulators to streamline logistics costs, saying it will result in inefficiencies and delays in trade flows.
27 Jan 2020
The true success of carriers’ attempts to recover low-sulfur fuel costs via bunker surcharges may only be evident once the first-quarter financial results are released, but so far it is not looking good.
Lunar New Year calm sets path for less volatile trans-Pacific
24 Jan 2020
This week before the beginning of Lunar Lunar was marked by scattered rolled cargo in Asia and flat spot rates in eastbound Pacific, indicating that the normal pre-New Year surge of imports did not happen.
24 Jan 2020
Carriers’ growing experience in reducing short-term capacity without having to resort to more disruptive actions like eliminating full services is a profound change in the market that will help the carriers absorb blows that in the past would wipe away profits like a dustrag.
OOCL has reported a good first year under the ownership of Cosco Shipping.
24 Jan 2020
The US-China trade war pulled down OOCL’s performance in the trans-Pacific, but volume and revenue growth in other trades kept its overall operational result in positive territory.
DP World seeks stake in Russia’s Fesco
23 Jan 2020
DP World, in a letter to Russian regulators seeking to buy a stake in intermodal transport group Fesco, said it would invest $350 million in the Vladivostok seaport and expand the company’s railcar fleet.
23 Jan 2020
A strike by French dockworkers this week is causing severe disruption to carrier schedules as port calls to Le Havre and Marseilles-Fos are cut.
22 Jan 2020
The world’s two largest container makers issued profit warnings Wednesday, citing the US-China trade war for a bleak 2019 financial picture.
22 Jan 2020
APL Logistics is providing a visibility product that mingles its ability to connect directly to carriers across modes with its “boots on the ground” to fill in gaps in data completeness and timeliness.
Cosco’s $1 billion profit forecast for 2019 includes LBCT sale
22 Jan 2020
It has been a good year for Cosco Shipping, with seemingly no ill effects from the US-China trade war or slowing economies around the world.