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

23 Oct 2020
US exporters are crying foul as at least one trans-Pacific carriers has begun turning down shipments of low-revenue agricultural exports in order to expedite the return of empty containers to Asian load ports to carry much higher-paying US imports of consumer merchandise.
30 Sep 2020
Access to container status information remains affected in the wake of the CMA CGM cyber attack, with a visibility provider saying containers booked by the carrier can only be tracked if the bookings occurred before the disruption.
30 Sep 2020
The rush to ship ahead of China’s Golden Week elevates rates on the Asia-Europe trades to levels not seen for a long time.
30 Sep 2020
Maersk and MSC do not believe demand on the trans-Atlantic through the fourth quarter will be strong enough to support four Europe-North America loops.
29 Sep 2020
If Zim Integrated Shipping Services pursues an initial public offering, it would be the carrier’s fourth attempt since 2008. Weak financial performance and challenging industry conditions scuppered past attempts.
29 Sep 2020
Forwarders, shippers and software providers connected to CMA CGM’s systems continued on Tuesday to sort through the effects of a malware attack on the Marseille-based container line.
29 Sep 2020
Analyzing data from a 52-week rolling window to eliminate seasonality, we are now at a point where the spot rate is more likely to increase than to decrease from one week to the next, a change that means an entirely different dynamic for shippers.
28 Sep 2020
Network outages have become a highly sensitive topic for the container shipping supply chain since the crippling notPetya cyber attack on Maersk in June 2017.
25 Sep 2020
Having exhausted the space allotments in their annual contracts, retailers and other importers are signing short-term contracts to secure capacity at Asian load ports. This is pushing short-term contract rates higher.
25 Sep 2020
With economists believing the sharp economic recovery seen in the US during the third quarter is already sputtering, questions are growing about how long the import surge will last.
25 Sep 2020
A long-awaited recovery in the trans-Atlantic trade appears to be underway with a steep increase in US import volume from Europe for some previously hard-hit commodities.
24 Sep 2020
The forwarding operations software provider Magaya has acquired rate management software stalwart Catapult to integrate quoting capability into its set of solutions for third-party logistics providers.
24 Sep 2020
According to Drewry's container freight rate index, some spot pricing from China to the US West Coast surpassed $4,000 per FEU this week, a psychological barrier that appeared to be insurmountable just last week due to admonitions from regulators in China and the US about aggressive carrier pricing.
23 Sep 2020
Marseilles-based carrier CMA CGM has strengthened its air cargo position with an investment that gives the carrier access to belly capacity on two airlines.
23 Sep 2020
Similar to the current market in the trans-Pacific trade, container freight rates from Asia to the East Coast of South America have been buoyed by surging consumer demand and a rush of exports leaving China ahead of Golden Week.
22 Sep 2020
Despite the decline in forwarder market share, more than half of the top 25 non-vessel-operating common carriers (NVOs) in the eastbound trans-Pacific trade handled more volume in the first eight months of 2020, with six recording double-digit percentage increases.
21 Sep 2020
With cargo volumes and spot rates out of Asia surging as the United States and other countries begin to climb out of the COVID‑19 recession, US importers are increasingly turning to non-vessel-operating common carriers (NVOs) to secure capacity.
18 Sep 2020
Amidst confusion involving blank sailings, extra-loaders, and announcements this past week by government regulatory agencies in Beijing and Washington, spot rates in the eastbound trans-Pacific continued to climb higher.
18 Sep 2020
Shippers using third-party vendors to help them manage auditing and paying their freight bills see a sizable advantage in process costs versus those that manage the function in-house, new research has found.
18 Sep 2020
As rates hit record levels on the trans-Pacific, the trade is an irresistible magnet for carriers, leaving forwarders in Asia struggling to find boxes as all equipment flows towards China’s export hubs.
17 Sep 2020
The US FMC said it is closely monitoring capacity and pricing conditions in the eastbound trans-Pacific, but is not yet ready to launch a fact-finding investigation or petition for legal action.
16 Sep 2020
For so-called old China hands, the Ministry of Transportation and Communication’s Sept. 11 summoning of carriers in Shanghai to instruct them to add capacity hardly comes as a surprise.
16 Sep 2020
The momentum that has built in major economies since the COVID-19 lockdowns ended is behind an increase in factory activity.
16 Sep 2020
It has taken Europe a long time to get the maritime sector included in Europe’s emissions trading system, and despite the vigorous opposition by container shipping, the lengthy legislative process is now in its final stages.
15 Sep 2020
The suspension and weakening of general rate increases comes after Chinese regulators on Friday encouraged major container lines to add capacity and be less aggressive in raising their rates as US imports from Asia continue to rise.
15 Sep 2020
Strong demand for containerized imports in the US and Europe through the third quarter peak season is limiting the availability of equipment in Asia that is urgently needed to serve the fast-rising volume.
14 Sep 2020
Predicting actual demand in individual weeks in the container shipping markets is notoriously difficult with any significant degree of accuracy, though not for lack of trying.
11 Sep 2020
Container shipping demand on the Asia-Europe trade is at 2019 levels, with forwarders and carriers expecting the strong demand to be maintained.
11 Sep 2020
In what is still very much an evolving scenario, carriers are digesting what they were told by the Chinese government and how it will impact their businesses going forward.
10 Sep 2020
The majority of emissions from container shipping will occur outside the EU, and the World Shipping Council said its imposition on the industry could raise legal and diplomatic issues.
10 Sep 2020
Ocean Network Express (ONE) has signed up with India’s port community system to digitize its last-mile delivery offerings via application program interfaces (APIs), touted as a first collaborative step by any carrier operating out of the country.
09 Sep 2020
Two Australia-based software providers, Mizzen and Maxamation, have developed a product that will enable container lines to strategize around profitability of dynamically quoted ocean spot pricing.
09 Sep 2020
In just one month’s time, retailers have gone from a pessimistic peak-season outlook to a forecast of better-than-expected imports this fall.
08 Sep 2020
US import growth from Asia and China accelerated in August after a strong July, driven by e-commerce merchandise and PPE supplies.
08 Sep 2020
Container volume on the Asia–Europe trade has been steadily improving since the COVID-19 lockdowns of April and May, and in July it finally moved into positive growth territory.
04 Sep 2020
A steady stream of extra-loader vessels in the trans-Pacific have failed to blunt the steady increase in spot rates.