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

27 Nov 2020
Shippers can expect sharp increases in annual contract prices as Asia-Europe spot rates spike ahead of a range of carrier increases and peak season surcharges.
10 Nov 2020
US imports from Asia increased more than 10 percent in October, with forwarders forecasting only a modest slowdown in growth through January
10 Nov 2020
Ocean Network Express’ forecast for a highly profitable financial year is an example of the incredible pricing power being exerted by the carriers right now.
10 Nov 2020
Cyber attacks on companies in the global logistics industry are an ever-present threat, but container lines and software providers say hosting systems in the cloud helps combat the threat and aid in recovery.
09 Nov 2020
Retailers say the record peak season of 2020 will be followed by lower year-over-year import growth in the next few months, with the strength of the US economic recovery next year dependent on progress controlling coronavirus disease 2019.
09 Nov 2020
The sustained strength in demand on trades out of Asia is keeping rates elevated and placing container availability under intense pressure.
09 Nov 2020
Cloud computing is ubiquitous in the world of commerce, and that’s spread in recent years to container lines, which are using a migration to platforms like Microsoft Azure to develop products quickly and then scale them back without committing resources to a server infrastructure.
06 Nov 2020
Evergreen Line’s ad-hoc service, which connects Asia with the US East Coast via the Suez Canal, is helping e-commerce shippers in the greater Baltimore area meet demand, said William P. Doyle, executive director at Maryland Port Administration.
06 Nov 2020
The Asia-Europe trade is currently in the middle of what should be a traditional period of slow demand, but an extended peak season is keeping ships full and rates elevated.
05 Nov 2020
There is no certainty the current strong demand that is keeping rates up on the Asia–Europe trade will continue past Chinese New Year, something that is starting to be reflected in longer-term rates.
04 Nov 2020
Trans-Pacific carriers, including those offering premium services, have been unable to fulfill all of their bookings in recent weeks due to the container shortage in Asia.
04 Nov 2020
Matson says e-commerce demand for expedited Asian service will remain high even when the impact of the pandemic COVID-19 recedes.
04 Nov 2020
US agricultural exporters fear that even if they pay higher shipping rates, carriers will still turn down their bookings because liners can generate much higher revenue by using the containers for US imports from Asia.
03 Nov 2020
Shippers are leaning more heavily than usual on their service providers as an uncertain market makes securing space on vessels out of Asia and on-time shipping even more challenging.
03 Nov 2020
Twill started as Maersk’s play in the neutral digital forwarding space, but it has shifted its focus to funnel small shipper volumes into Maersk’s logistics and vessel operations network.
02 Nov 2020
Equipment shortages coincide with a recovery in regional economies and the shift of production to other regional countries due to the China-US trade spat.
02 Nov 2020
Maersk’s integrator strategy is not affecting the carrier’s forwarder customers in a universal way, since the various elements of the transformation impact different sized intermediaries in varying ways.
02 Nov 2020
The busiest US Gulf Coast ports saw only a small decline in throughput during the first seven months of the year despite the effects of the COVID-19 pandemic on consumer demand in the US and abroad.
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.
30 Oct 2020
It is impossible to predict the outcome of the current wave of the pandemic, but if it results in a pull-back from consumers, carriers are likely to react at warp speed again on capacity.
30 Oct 2020
The disruption and unpredictability caused by the pandemic earned trans-Pacific carriers some early 2020 patience from their customers, but that goodwill is fading as service and price diverge sharply as contract talks near.
30 Oct 2020
US shippers are opening contract talks early, extending existing agreements, and seeking short-term contracts to hedge against expected 2021 rate increases.
29 Oct 2020
Small steps taken thus far on decarbonization don’t address the big question, which is how shipping will reach a carbon-free future; so far, no mechanism or policy has encouraged the type of research needed at scale to identify the path forward.
28 Oct 2020
A network of major banks in Singapore has signed an agreement with CargoX, which provides electronic bills of lading to the shipping industry, to underpin the network’s trade finance capability.
26 Oct 2020
Although economic forecasts point to a possible weakening in consumer demand, carriers are expected to continue the capacity management discipline they have displayed all year to prevent rate destruction in the trans-Pacific trades
26 Oct 2020
The on-time performance of carriers has declined sharply since a 2020 high in June when large amounts of capacity were blanked
26 Oct 2020
Alternatives to expensive air freight have been available on the trans-Pacific for years, but as space constraints make air cargo an increasingly unreliable option, a new expedited ocean product will soon be launched on the trans-Atlantic.
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.
23 Oct 2020
The strength of third quarter demand and the rate rises generated on the major trades through the peak season can be seen in the revenue and volume growth reported by OOCL.
22 Oct 2020
Asia–Europe demand forecasts for 2021 are becoming increasingly unclear as annual contracts come to an end, while high spot market levels have put shippers on course for significant long-term rate increases.
22 Oct 2020
TradeLens will use the integration specialist Youredi to offer data providers and consumers on its platform the option to connect their systems to the container visibility and documentation product co-developed by Maersk and IBM.
21 Oct 2020
COVID-19 lockdowns in February, March, and April shuttered major end markets for US resins, such as automobile parts manufacturers in Europe and China, the largest single-country consumer of resin.
20 Oct 2020
System integration provider Youredi is trying to attract logistics and maritime companies to help it build a new template-based integration platform for data and partner connectivity.
20 Oct 2020
A new set of data definitions for terminals and container lines to coordinate port calls was released Tuesday by the Digital Container Shipping Association, the non-profit group’s latest attempt to drive standardization in the maritime industry.
19 Oct 2020
Shippers contend with a lack of transparency when it comes to container lines communicating changes for the earliest return date for their boxes, creating operational headaches for cargo owners already affected by tariffs and COVID-19, new research has found.
19 Oct 2020
The need for alternatives to capacity-constrained air freight, combined with rapidly growing online shopping demand, is behind the expansion of e-commerce ocean services.