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 Jul 2021
Matson said the trans-Pacific continues to see high demand coupled with congestion at load ports, adding that all its premium services look to be nearly full through the first quarter of 2022.
06 Jul 2021
The economic indicators for Europe show a region in expansion mode as vaccines are rolled out and businesses reopened, driving up demand for containerized imports.
06 Jul 2021
A continued flood of US imports from Asia pushed eastbound trans-Pacific volumes up 38.8 percent in the first four months of 2021, the largest year-over-year percentage gain in five years.
05 Jul 2021
Freight rates on major trades are not expected to decline through the second half, and with demand levels forecast to remain highly elevated, carriers are set for a profit tsunami this year.
02 Jul 2021
Dedicated chassis fleets at US ports are almost a necessity now for carriers that offer premium trans-Pacific services that guarantee equipment availability.
01 Jul 2021
CMA CGM has acquired a rail operator in Spain, adding an intermodal dimension to the ocean carrier’s expanding integrated service portfolio.
30 Jun 2021
Retailers welcome new Asia-US services by Maersk and Cosco/OOCL, but expect minimal impact on the huge supply/demand imbalance in the trade.
30 Jun 2021
Ratings agency Moody’s is expecting container shipping profitability to soar on a supply-demand imbalance that strongly favors the carriers.
30 Jun 2021
Despite higher costs to move automobiles and high and heavy cargoes, and uncertainties related to the COVID‑19 pandemic that continue to challenge the recovery, demand is rebounding quickly.
30 Jun 2021
Indian exporters already facing July general rate increases from carriers have a new cost to worry about — a “heavy lift surcharge” levied by Hapag-Lloyd, with other liners expected to follow suit.
29 Jun 2021
New ship orders continue to roll in from container shipping companies, raising the orderbook-to-fleet ratio to levels that could cause another bout of overcapacity, especially if demand drops.
29 Jun 2021
When assessing the ocean container market, participants should not only look at the headline-grabbing rate figures — the spread is equally important.
28 Jun 2021
North European port congestion will last through the summer, and carriers are adjusting their regional rotations to offset the delays.
28 Jun 2021
Cargo owners without long-term contracts are finding the Asia-Europe spot market an expensive place to be, with no relief from record high levels.
25 Jun 2021
Vessel on-time performance to the West and East coasts improved slightly in May for the second consecutive month, although it was still the worst May ever recorded in the Asia-North America trade.
25 Jun 2021
Hapag-Lloyd’s North American president said shippers face the prospect of elevated rates through 2022 as the ability of all ocean and motor carriers to inject additional capacity is at its limit.
24 Jun 2021
The US Department of Transportation met with groups representing major container lines and retailers, and officials say they are looking at solutions to mitigate the capacity crunch causing port congestion.
24 Jun 2021
Mediterranean Shipping Co. says it will meet the IMO’s short-term emissions targets, but its CEO says the only effective way for shipping to decarbonize will be to find a carbon-neutral fuel.
24 Jun 2021
TradeLens has followed expansion into China with full integrations of Hapag-Lloyd and Ocean Network Express, meaning the platform now has five of the world’s top six container lines.
23 Jun 2021
There is a danger in Congress legislating an update to US shipping law during a crisis — a potential overreach and overreaction to an unprecedented global crisis that could ultimately hurt the shippers so-called reforms hope to help.
23 Jun 2021
The new shuttle operation in southern India is significant as Colombo and Jebel Ali dominate transshipment movement to and from the east coast of the country.
23 Jun 2021
Operations at the congested Yantian terminals are back to normal, but there is a significant backlog to clear just as the China export trade picks up for peak season.
22 Jun 2021
The International Council of Containership Operators, also known as the Box Club, is shutting down operations after 48 years due to the changed environment for the industry.
22 Jun 2021
Restraint in ship orders over the past few years has been discarded in 2021, with ships over 14,000 TEU now dominating the orderbook.
21 Jun 2021
The disruption in ocean shipping is making carriers miss their North Europe berthing windows, creating handling difficulties at terminals and resulting in shipping lines omitting key ports.
18 Jun 2021
Just like the container segment, the MPV sector has been short on capacity in the last several months, but unlike on the container side, no major vessel reinvestment program has begun on the MPV side.
18 Jun 2021
Shipping took another small step on its long and complex path towards decarbonization at the annual meeting of the International Maritime Organization Marine Environment Protection Committee meeting, but key issues around a carbon tax and zero-carbon fuel research fund remain unresolved.
17 Jun 2021
Global container supply chains have struggled under months of heavy demand and disruption with no slack left in the system to cope with severe port congestion at a major Chinese export center.
15 Jun 2021
In what is usually the slowest period of the year, US imports from Asia in the first five months of the year hit a new high-water mark, signaling to ports that the congestion issues they have faced may get worse as the peak season approaches.
15 Jun 2021
Carriers posted an unprecedented level of profitability in the first quarter, as container shipping companies capitalized on a market in which the supply-demand balance is firmly in their favor.
15 Jun 2021
The latest shipping line to be hit by a cyberattack, HMM said the incursion has crippled its email systems but has not affected its booking documentation functions and has not resulted in any data breaches.
14 Jun 2021
A House subcommittee on Tuesday will be the first to address the impact of an unprecedented surge of Asia imports that began in the spring and container lines and ports don’t expect to let up until early 2022 at the soonest.
14 Jun 2021
A House subcommittee on Tuesday will be the first to address the impact of an unprecedented surge of Asia imports that began in the spring and container lines and ports don’t expect to let up until early 2022 at the soonest.
14 Jun 2021
Current conditions in the trans-Pacific trade, with strong demand and severe capacity shortages leading to hyper-charged freight rates, are temporary, but the question is: how temporary?
14 Jun 2021
Trans-Pacific carriers are expected to follow their June 1 general rate increase with another on June 15 as huge demand for space and increasing costs for equipment and trucking at Asian load ports continue unfettered.
13 Jun 2021
Peter Friedmann, executive director of the Agriculture Transportation Coalition, outlines proposals to Congress to address what his members’ consider unfair detention and demurrage, and how to ensure container lines honor their common carriage responsibilities.