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

01 Aug 2021
A formal complaint from a US home goods importers to maritime regulators is the first of its kind since the COVID-19 pandemic began and speaks to a growing sentiment among shippers and some forwarders that container lines have unfairly taken advantage of the resulting disruption.
09 Apr 2021
Although trade between the US and Latin America has been spared the severe disruptions seen on the US West Coast, sources say PortMiami has seen vessel unloading times spike because of ships arriving one to two days late.
08 Apr 2021
The impact of the Suez Canal closure on Asia-Europe container supply chains is becoming clearer, with Hapag-Lloyd's CEO providing a grim short-term outlook.
08 Apr 2021
Zim’s launching of another expedited trans-Pacific service reflects the container line’s ability to quickly capitalize on rising e-commerce demand in the United States.
07 Apr 2021
Retailers predict US imports will continue to be at record or near-record levels at least through August as consumers have plenty of cash to spend on merchandise.
07 Apr 2021
Maersk is feeling pressure from customers and investors to decarbonize its operations, but the carrier says that pressure will bring the transparency needed to help accelerate its drive for carbon neutrality.
07 Apr 2021
The strong demand and high freight rates on trades out of Asia that led Cosco Shipping to a $1.50 billion net profit in 2020 have continued into 2021, with the state-owned carrier predicting a $2.35 billion profit in the first quarter alone.
07 Apr 2021
Five of the largest global container lines are adopting the Digital Container Shipping Association’s track-and-trace standards, a sign that carriers are starting to recognize that shippers’ need for standardization outweighs their desire to keep systems proprietary.
06 Apr 2021
Shippers holding out for a decline in the spot market have instead seen short-term rates maintaining their highly elevated levels through the first quarter, pushing cargo owners into contracts and driving up long-term rates.
05 Apr 2021
US East Coast ports will see more vessel calls and volume through April 20 due to the expected arrival of Suez-delayed container ships.
01 Apr 2021
Container shipping lines are juggling port rotations to mitigate the coming post-Suez disruption at terminals serving Asia-Europe carriers as a wave of ships heads for ports at both ends of the trade.
01 Apr 2021
Shippers are facing unavoidable supply chain disruption and equipment shortages in the coming weeks in Europe and Asia as carriers revise port rotations in a struggle to recover lost schedules.
31 Mar 2021
The tight market for shipping capacity is causing a roughly one-month delay to THE Alliance’s planned US and European service changes.
31 Mar 2021
Among the misconceptions raised by the Suez incident is that it has shown the fragility of the global ocean transportation network; nothing could be further from the truth, says JOC analyst Lars Jensen.
31 Mar 2021
Maersk said its new service to US Southeast ports will add faster transits from Asia and serves the rapidly growing Vietnam export market.
30 Mar 2021
Cosco joins other carriers in posting strong profit figures for 2020 due to the rebound in rates and volumes in the second half of last year.
30 Mar 2021
Daniel Maffei is taking the helm of the Federal Maritime Commission as port congestion has grabbed the attention of the new Biden administration and some exporters accuse container lines of refusing bookings.
30 Mar 2021
Sweeping aside the reality that no shipper has been spared the impact of the pandemic on container shipping, agricultural exporters have sought to place the blame squarely on ocean carriers for causing undue harm to US exporters specifically.
30 Mar 2021
The long-term impact of the Suez Canal blockage on the Asia-Europe supply chain has tempered relief that the vital waterway has finally reopened and traffic is flowing again.
29 Mar 2021
The average price for a 20-foot dry container is up around 50 percent since last year, and a backlog of orders means those buying new boxes now will have to wait until August for delivery.
29 Mar 2021
Salvors reported that Suez Canal transits can resume after the Ever Given has been successfully dislodged and is towed away for inspection.
27 Mar 2021
The impact on the container shipping supply chain of the Suez Canal blockage will extend well beyond the refloating of the Ever Given.
26 Mar 2021
Ocean carriers are beginning to divert ships and shippers face further delays if weekend efforts to refloat the Ever Given don’t work.
26 Mar 2021
OOCL has continued to invest in new ships and services, placing an order last year for 12 23,000-TEU vessels for delivery during 2023-2024.
25 Mar 2021
Global on-time vessel performance improved marginally in February, but reliability in the Asia-North America trades continued to slide, hitting new record lows for the month.
25 Mar 2021
With more than 30 container ships still waiting to transit the Suez Canal on Thursday, major ports in Europe are bracing for a deluge of cargo once the grounded Ever Given is refloated.
24 Mar 2021
US resin exports are expected to see a sharp drop in the second quarter as Gulf Coast producers restart after severe February weather disrupted operations.
24 Mar 2021
With the Asia-Europe supply chain struggling to manage months of high volume, the blocking of the vital Suez Canal trade artery adds further volatility to the busy route.
23 Mar 2021
Hapag-Lloyd hopes capital markets will underwrite its transition to a low-carbon future with plans to market its first “green bond,” with the new debt used in part to purchase ships that run on alternative fuels.
23 Mar 2021
After reaching a record low in 2020, a spate of orders for container ships scheduled for delivery from early 2023 has revived the excess capacity discussion.
22 Mar 2021
Carriers have so much leverage this year that in addition to the service contract rate, some are quoting a second-tier rate, reportedly much higher than the contract rate, for commitments of cargo beyond the shipper’s minimum quantity commitment (MQC).
22 Mar 2021
Zim Integrated Shipping Services said it believes global port congestion has reached its peak, it doesn’t expect US import pressures to let up.
19 Mar 2021
The dispute at the Port of Charleston is a rare flare-up in what has been a mostly peaceful longshore labor environment on the East and Gulf coasts over many years.
19 Mar 2021
Decarbonization goals at global shippers is pushing the industry toward more granular scrutiny of supply chain-related emissions, a task that’s being helped by emergent technology and a focus on shipper collaboration.
18 Mar 2021
The consensus among shippers, forwarders, and carriers is that strong consumer demand in North America will continue through the second quarter and into the traditional peak season.
18 Mar 2021
Despite the IMO 2020’s sulfur cap, the COVID-19 collapse in oil prices last year made the case for sulfur scrubbers less urgent. But BIMCO said scrubbers now make sense.