Maritime News

Maritime 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 CMA CGM, MSC (Mediterranean Shipping Co.) and Maersk Line to smaller carriers such as Eimskip and Atlantic Ro-Ro Carriers, 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

15 Nov 2019
Maersk continues to improve its profitability, helped by falling bunker prices and a greater focus on capacity management.
21 Oct 2019
Marseilles-based CMA CGM has expanded its trade finance solutions, offering products to both importers and exporters that make use of improving supply chain visibility.
18 Oct 2019
Downward rate pressure caused by overcapacity and the wide range of fuel surcharge levels carriers are presenting to cargo owners suggests that fuel cost will become a competitive battleground in the aftermath of IMO 2020.
18 Oct 2019
A slight increase in eastbound trans-Pacific spot rates reflects final shipments that left China before Golden Week, but dozens of blank sailings already announced for October-November indicate carriers expect imports to be weak going forward.
18 Oct 2019
The spot market on Asia-Europe remained basically flat this week as carrier rate increases and capacity adjustments arrested a downward slide.
17 Oct 2019
US imports from China fell 9.3 percent in September, the fifth straight monthly decline. Coupled with 37 blank sailings for October and November, it appears peak season will end on a sour note.
El Dorado, a new tech experience at TPM20
17 Oct 2019
The two-day "El Dorado" tech experience will address the growing need among beneficial cargo owners, third-party logistics providers, container lines, ports, and other freight transportation interests to understand the true value of technology and navigate an increasingly complex landscape of vendors and emerging technologies.
17 Oct 2019
Citing environmental concerns, most carriers are rejecting the northern sea route through the Arctic as an option for container shipping, despite the commercial benefits derived from the shorter transit.
16 Oct 2019
Full scrubber-equipped strings on the Asia-Europe trade may give their carrier operators a competitive advantage over other shipping companies using higher-priced low-sulfur fuel.
15 Oct 2019
Getting containers to inland factories on time is a crucial part of the production process, and delays can cause costs to mount quickly.
15 Oct 2019
The number of blanked sailings is growing on the Asia-Europe trades as carriers sit becalmed in the slack season with no clear idea of whether to expect a pre-Chinese New Year rush.
15 Oct 2019
Although Typhoon Hagibis was the strongest storm to hit Japan in decades, carriers are reporting only minor disruptions to schedules and minimal damage to port infrastructure.
14 Oct 2019
Carriers will blank at least 37 individual sailings this month and next and suspend an entire weekly service as they attempt to stop further erosion in freight rates in the eastbound Pacific.
14 Oct 2019
Sailing withdrawals and rising utilization levels on the Asia-North Europe route are not translating into spot rate increases, suggesting carriers are again chasing market share.
11 Oct 2019
The tariff war between the US and China has cooled significantly with news the two powers have reached a “very substantial” first phase of a trade deal.
11 Oct 2019
Carriers would need complete control of the supply chain in order to successfully offer premium services, including time-definite delivery, an executive from Zim Integrated Shipping Services said.
11 Oct 2019
India’s Ministry of Shipping has met with various stakeholders in recent weeks to review options for streamlining logistics costs, particularly where intermediaries make up a significant burden for cargo interests.
09 Oct 2019
Efficiencies gained by bringing together the four Hong Kong terminals into one joint venture will be passed on to the carriers and hopefully halt a long-running decline in the port throughput.
09 Oct 2019
As manufacturing continues to shift from China to countries in Southeast Asia, the diversification of sourcing will result in an increase in trade flows and greater need for logistics support, speakers at the JOC TPM Asia Conference said.
09 Oct 2019
Container shipping rates are set to climb amid more balanced growth between cargo demand and vessel supply, while fuel costs will rise as carriers switch to low sulfur fuels to comply with the International Maritime Organization's tougher emission controls from January 2020.
08 Oct 2019
In his keynote address at the JOC TPM Asia Conference in Shenzhen, Cosco's Wang Haimin said US tariffs are accelerating the shift of production of furniture, tires, machinery, and footwear from China to Southeast Asia.
08 Oct 2019
Growing US containerized exports to other countries in Asia are nowhere near enough to offset the rapidly declining exports to China as the US-China trade war drags on, exporters say.
08 Oct 2019
Carriers who enjoyed a strong first half of 2019 on the trans-Atlantic trade will have to temper their expectations for the fourth quarter following the WTO approval of US tariffs on a range of European imports.
07 Oct 2019
The US Customs and Border Protection is investigating three companies for possibly evading antidumping and countervailing duties on hardwood plywood imports.
03 Oct 2019
Retailers predict a November spike in imports driven by inventory replenishment and the race to get ahead of Dec. 15 tariffs on $300 billion of imports from China.
03 Oct 2019
The Marseille-based technology provider has developed a UN standard for sensor-based container messages it hopes will be used widely throughout the industry to make such systems interoperable for potential buyers and users of tracking solutions and associated analytics.
03 Oct 2019
Small and mid-size NVOs are chipping away at the market shares of the top five NVOs in Asia-US trade by moving aggressively on smaller accounts and responding quickly to declining spot rates.
01 Oct 2019
The creation of a coalition — supported by more than 70 public and private organizations including Maersk, Royal Dutch Shell, and Lloyd’s Register — to drive commercial efforts to decarbonize international shipping is the latest example of an industry beginning to grasp the Herculean tests that lie ahead
01 Oct 2019
Freight rates at 12-month lows, growing capacity, and Europe’s major economies in slowdown is not a good platform for building container volume.
01 Oct 2019
With liner schedule reliability a persistent bugaboo, the German container line is turning to Portchain to highlight in real time disruption to schedules.
30 Sep 2019
The convergence of contract and spot rates for ocean freight and the increased availability of instant digital quoting tools is pushing more cargo to the spot market and changing shipper negotiation strategies for long-term contracts.
30 Sep 2019
An early blockchain-based liner shipping product has shuttered due to a lack of demand, signaling that the industry is still struggling to understand the concept and the value of blockchain and cryptocurrency.
30 Sep 2019
The Chittagong Customs House has suspended the license of Continental Traders, the local agent of COSCO Shipping, a move that could cause significant disruptions to the Chinese state-run container carrier’s operations in Bangladesh.
27 Sep 2019
After seeing four weeks of declining spot rates in September-- when rates should be increasing -- and with factory closures coming next week during Golden Week celebrations in China, NVOs who sell in the spot market say further rate declines are possible.
27 Sep 2019
Mexican shippers are finding this year’s peak season less disruptive to their supply chains than last year and are experiencing less difficulty getting cargo from the ports, as cargo volumes have grown only slightly and ocean carrier rates have stayed in the same range as in 2018.
27 Sep 2019
Sponsored: Trucking capacity and rate fluctuations are major concerns for shippers. Cosco Shipping’s Executive Vice President Howard Finkel frankly addresses the issues in this JOC interview.