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

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.
26 Aug 2020
Cosco’s sale of a large portion of its ownership stake in China International Marine Containers appears to be a state-mandated move to consolidate control around China Merchants Group, CIMC’s largest shareholder.
26 Aug 2020
Spot rate developments are an indicator of what to expect from the long-term contract market, and current trends show the spot market on Asia–Europe continuing to increase, according to Xeneta.
26 Aug 2020
With carriers refocusing on Colombo or other regional hubs for predictable cost advantages in tighter market conditions, Indian cargo owners may have to wait longer to enjoy more competitive, direct shipping solutions.
25 Aug 2020
Only eight of the JOC Top 40 Container Carriers by US Imports managed to increase volumes in the first five months of the year, none of which belong to one of the three major vessel-sharing alliances.
24 Aug 2020
Mediterranean Shipping Co. announced a new weekly service from Asia to the US West Coast to meet import demand that has risen significantly in the past two months.
24 Aug 2020
The correlation between blank sailings and volume through the coronavirus-hit second quarter can be used to predict upcoming demand with reasonable accuracy, says Sea-Intelligence Maritime Analysis.
24 Aug 2020
In proactively and successfully influencing the direction of the market as container lines have done this year, leading to higher rates and stronger profit, the carriers will inevitably provoke a regulatory reaction.
24 Aug 2020
APL Logistics has added Haiphong to its OceanGuaranteed product as demand for premium services from Vietnam increases with the shift of some manufacturing from China.
21 Aug 2020
Stable high-and-heavy cargo volumes reduced loss margins for Wallenius Wilhelmsen as the carrier slow steams and puts 15 ships in cold layup to cut costs.
21 Aug 2020
Forwarders say shipping lines in the eastbound trans-Pacific are telling them to prepare for a Sept. 1 general rate increase (GRI) that could push West Coast spot rates above $4,000 per FEU.
21 Aug 2020
Container lines have displayed an ability to flex capacity in response to short-term demand changes, and this strategy has paid off across the board despite stunted volumes in the second quarter.
20 Aug 2020
A chassis dispute between trucking executives and ocean carriers has reached an impasse, spurring American Trucking Associations to seek a resolution from the US Federal Maritime Commission.
20 Aug 2020
DP World subsidiary Unifeeder ISC has agreed to purchase three business units of the Mumbai-based Transworld Group, including the short-sea and transhipment carrier Shreyas Shipping and the forwarder Avana Logistek.
20 Aug 2020
New priority services from Asia to the US will allow shippers to move their containers quickly through Los Angeles and to inland destinations.
19 Aug 2020
Growth of Maersk Spot indicates the industry is past the point of no return on adoption of instant quoting tools, with container lines not having this capability lagging behind.
19 Aug 2020
Earnings season is drawing to a close, with carriers shrugging off the impact of COVID-19 lockdowns on demand in the second quarter and significantly boosting their earnings due to capacity management.
19 Aug 2020
Maersk is the latest carrier to produce a healthy interim result, which has encouraged the market leader to not only reinstate its suspended full-year earnings guidance, but to increase it.
17 Aug 2020
The new service will significantly shorten the transit time for Bangladeshi cargoes to reach their final destination in the US by — at least 10 days, according to officials.
14 Aug 2020
Taiwanese carrier Yang Ming was unable to turn around its string of financial losses in the first half, but the shipping company continues to inch its way closer to a positive result.
14 Aug 2020
Technology has the potential to solve long-running financing tensions between suppliers and importers, and logistics networks and service providers are likely to be the focal point for these solutions.
14 Aug 2020
A steep drop in Hapag-Lloyd’s volume during the second quarter was matched by capacity cuts and lower operating costs that delivered a solid first half result for the carrier.
12 Aug 2020
Carriers that have released interim results have reported a stronger first half, underscoring the effectiveness of aggressive capacity management on the main trades.
11 Aug 2020
Maersk’s recent entry into the TMS space highlights the range of players targeting different segments of a fragmented shipper market that’s gravitating toward web-based tools.
11 Aug 2020
US imports from Asia and China turned positive in July, but US retailers predict a short peak season they say will be the weakest in four years.
11 Aug 2020
Jack Mahoney, currently head of Maersk North America’s automotive industry division, will end a 21-year tenure with the Danish giant to lead the niche trans-Pacific carrier.
10 Aug 2020
Spot rates from Asia to both US coasts spiked by several hundred dollars last week as carriers in the eastbound trans-Pacific prepare to implement an Aug. 15 general rate increase.
10 Aug 2020
Container volume on the Asia-Europe trade has bounced back from a sharp drop in April during the Europe-wide lockdown.
10 Aug 2020
The impact of the coronavirus on US imports from Europe can be seen in first-half volumes, where carriers are struggling to match capacity with sharply declining automotive demand.
04 Aug 2020
One marine terminal in Montreal has begun turning away refrigerated exports as a series of strikes will last until at least Friday.
04 Aug 2020
Sources expect Bangladesh’s export figures for August and September to fall sharply, given the ongoing COVID-19 outbreak in the United States and bankruptcy declarations from some major apparel retailers.
03 Aug 2020
Crowley Maritime’s switch to lift-on lift-off vessels a decade ago didn’t pay full dividends until it adopted an aligned terminal operating system to support its grounded operations at its hubs in Florida and Puerto Rico.
03 Aug 2020
Ocean Network Express (ONE) said blank sailings were key to boosting ship utilization, with use on eastbound trans-Pacific services hitting 96 percent.
03 Aug 2020
The uncertainty that marks cargo forecasting in the largest US trade lane is largely a reflection of consumer purchasing habits, which have not followed normal seasonal trends due to the coronavirus disease 2019 (COVID-19).
03 Aug 2020
Aggressive capacity management in response to the effects of the COVID-19 crisis and escalating tariffs has helped the top 10 container carriers operating in the Europe–US trade increase their share of the market so far in 2020.
31 Jul 2020
The Asia–US West Coast spot rate exploded past $3,000 per FEU this week, but forwarders expect pricing to stabilize for the coming month as demand and supply are reaching a state of balance.