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 Oct 2020
The first of the third quarter results from the carriers have come in and they show an industry that is riding a wave of strong and sustained demand from the US and Europe.
06 Oct 2020
Some of CMA CGM’s regional subsidiaries are now fully operational following last week’s data breach,as the group’s worldwide agency network is being gradually reconnected.
05 Oct 2020
While carriers are deploying extra-loaders and reinstating blank sailings, space in the eastbound trans-Pacific is still lagging demand and equipment in Asia is tight, so US importers are paying premium rates to guarantee priority services.
05 Oct 2020
The data breach that took CMA CGM offline on Sept. 28 continues to disrupt the carrier, which has suspended all access to its e-commerce network.
05 Oct 2020
Giving better volume forecasts to container lines and collaborating with truckload carriers can help shippers when capacity gets tight, but it’s higher rates that lock in the slot space on a vessel or guarantees a trailer load gets picked up when needed.
02 Oct 2020
If container shipping rode the wave of China’s emergence, set in motion by the global consensus around trade represented by the creation of the WTO in 1995, the industry must now confront a potentially very different geopolitical future taking shape with almost daily developments chronicling a deterioration in US-China relations.
01 Oct 2020
Three large container lines say most of their available capacity is in use as demand in the US rises, but shippers still fret about finding space on a ship.
01 Oct 2020
One of the world’s leading global forwarders will work with shippers of LCL cargo to reduce the transport emissions of their ocean freight to zero.
01 Oct 2020
The IMO is the second high profile maritime industry victim to fall prey to cyber hackers this week.
01 Oct 2020
After focusing on understanding the systems of carriers and ensuring that NYSHEX fits into their systems, the focus is shifting toward making its platform more attractive to shippers, specifically retailers.
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.