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

30 Sep 2022
Spot rates in the eastbound trans-Pacific are dropping so quickly — and by such large amounts — that industry analysts warn carriers could soon be carrying containers at a loss.
Maersk Line.
03 Jun 2018
Maersk’s first-quarter earnings conference call was not only a report card on the ocean carrier, as important as that is. It was also a summary of the major trends and factors affecting container shipping.
The Port of Oakland.
01 Jun 2018
Ocean carriers’ fixed costs rose in the first quarter, and surcharges ensued. However, the hikes occur even as the surplus capacity issue lingers, prompting debate regarding whether carriers can maintain the surcharges.
Maersk Line.
01 Jun 2018
Maersk officials said the ocean carrier views Nepal as a long-term trade partner, and that establishment of a full-fledged office is essential to improving supply chain efficiency and expanding its footprint in the market.
Jawaharlal Nehru Port Trust.
31 May 2018
Through 2018's first quarter, India's trade performance has substantially outpaced the global trade growth rate.
A Hapag Lloyd ship.
30 May 2018
Concerning the peak season fee, at the same time that Hapag-Lloyd added a $1 fuel surcharge, the ocean carrier surprised the market with a peak season surcharge of $55 per TEU that it said will be levied from June 1 on all trades out of China.
A container port in India.
30 May 2018
The provisional settlement came after officials from the Indian Ports Association met union leaders in Mumbai and expressed the government’s willingness to discuss and resolve workers’ charter of demands.
Cardboard recycling South Carolina, United States.
28 May 2018
China’s import rules and increased inspections have sent US exporters of scrap on a new market search.
Flat-panel television sets in a US store.
28 May 2018
After a robust 2017, another strong year for electronics imports to the United States is likely in 2018, given the iPhone/smartphone era and the utility of apps. And only an all-out China/US trade war would slow that trend.
Resin plant in US.
28 May 2018
After a year of modest growth, chemical exporters face a more challenging market in 2018, largely due to tougher regulations in key markets, especially China.
Kansas, United States wheat field.
28 May 2018
Strong demand from emerging market countries points to another good year for US foodstuffs in 2018, but like so much of the US trade picture, political variables — including trade war/tariff tensions with key destination markets — may affect sales.
A CMA CGM ship.
25 May 2018
Rodolphe Saadé, group CEO of CMA CGM, announced the surcharge along with first-quarter results, which saw revenue surge. Despite that increase in demand, fuel costs resulted in a $77-million net loss for the quarter.
An Evergreen ship.
25 May 2018
However, freight forwarders and shippers said they did not expect the disappearance of two carrier’s trans-Atlantic services to have much impact on capacity on the United States-Northern Europe route.
Maersk and MSC vessels pass each other outside the Port of Rotterdam.
25 May 2018
With such a sharp increase in bunker fuel prices that dragged carriers into a loss-making first quarter, it is no surprise that Maersk and Mediterranean Shipping Co. will levy an emergency bunker surcharge from June 1.
23 May 2018
The Canadian East Coast’s very stable market has recently changed significantly: it’s in a state of turmoil with many container port projects being considered — Quebec City (Beauport); Dartmouth, Halifax; Montreal (Contrecoeur); Melford, Nova Scotia; and Sydney, Nova Scotia (Novaporte).
DP World Vallarpadam Container Transhipment Terminal at Cochin credit DP World Cochin 2
23 May 2018
With the change, effective immediately, foreign carriers can transport laden export-import containers for transhipment and empty containers for repositioning between Indian ports without any specific permission or license.
Brazil truckers on strike - May 2018.
23 May 2018
Truckers and others are striking because Petrobras, the state-controlled oil company, has gradually increased diesel prices — by more than 40 percent — over six months, at the same time that the Temer administration has substantially hiked fuel taxes.
Port of Montreal.
23 May 2018
Canada's strong economic fundamentals, adequate transport infrastructure, large population close to key ports, and Comprehensive Economic and Trade Agreement implementation, among other factors, point to a strong trade performance in the immediate years ahead.
Port of Hamburg.
21 May 2018
Reluctance to embrace new ways of doing business is holding back container shipping, executives said at a Hamburg shipping conference.
Port of Los Angeles.
18 May 2018
After more than a year of year-over-year negative comparisons since the Hanjin bankruptcy, trans-Pacific spot rates to the East Coast reached parity with the same week a year ago, and almost reached parity to the West Coast, indicating that spot rates have returned to normal seasonal trends.
Port of Santos.
18 May 2018
One shipping agent based in Santos, who represents a European carrier, said that the Port of Santos has been in “chaotic turmoil for most of this year,” but this week had been “the worst.”
Port of Santos.
18 May 2018
Although volumes and rates on the Asia to east coast South America trade are rising, capacity is not keeping pace, and one substantive business model reason may be at the heart of why ocean carriers are reluctant to ramp up service.
Jawaharlal Nehru Port.
18 May 2018
The coalition of unions wants what it termed "three core job issues" addressed, which it says officials agreed to in August 2017.
A Hapag-Lloyd ship.
18 May 2018
A sharp increase in fuel prices is placing carriers under pressure, and they've responded with rate increases planned for June 1.
A Maresk container ship.
17 May 2018
Amid what the company called challenging market conditions, Maersk’s CEO said the first-quarter performance was “unsatisfactory," but the report was not without its positives; the company underscored that it has implemented initiatives to improve profitability and reiterated its 2018 earnings guidance.
The Port of Oakland.
16 May 2018
The more that blockchain becomes understood, the more conceptually, at least, it fits hand in glove with international logistics. But actually transitioning logistics to the paradise of transactions being recorded instantly and efficiently is proving to be quite a formidable task.
The Port of Los Angeles.
16 May 2018
Beneficial cargo owners will enjoy lower ocean freight rates in their 2018-2019 service contracts, but the total all-in charge for ocean, truck, and bunker fuel costs will be higher than last year.
Port of Ensenada.
15 May 2018
As shipping rates into Mexcio drop and US trucking rates rise, shippers are routing cargo directly through Mexican ports and along Mexican roads, bypassing US West Coast ports.
A Hapag Lloyd ship.
15 May 2018
Higher costs have weighed on results, slightly offsetting the positive impact of stronger volumes. Still, a key CEO offered an encouraging evaluation regarding the second half of 2018.
14 May 2018
Port congestion at some Asian ports is delaying cargo.
The Port of New York and New Jersey.
14 May 2018
NYSHEX’s digital exchange has the potential to increase cargo booking efficiency and reduce uncertainty and volatility, among other benefits. But can the platform evolve to meet the needs of a greater percentage of shippers, including larger shippers with complex supply chains? 
Port of Shanghai Hangshan.
11 May 2018
The latest move in the past three weeks firmly reversed a down trend that began immediately after the Lunar New Year pulled prices down to a level not seen in more than a year.
Feeder ships on the Kiel Canal, Germany.
11 May 2018
The synchronized, regional recovery that’s boosted global container shipping has also ramped-up short-sea container volumes to the benefit of Europe’s feeder ship sector. Still, the good times are hardly problem-free and there are hurdles ahead.
The Port of New York and New Jersey.
11 May 2018
Negotiators from the ILA and USMX will try to reach an agreement on local labor agreements, so that talks next month in Florida can focus on the six-year, coastwide deal.
Big Port of Saint Petersburg, Russia.
10 May 2018
According to the Association of Commercial Seaports of Russia, container goods imports to Russian ports on the Baltic Sea in 2018 achieved something they haven't in five years.
Maersk Line.
10 May 2018
Absent a profit motive, subsidized ocean carriers have at times been less rigorous in knowing and managing their costs and innovating. However, for several reasons, the subsidized model is not likely to end anytime soon.