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

25 May 2020
The Marseille-based startup technology incubator’s newest cohort features a duo of companies aiming to automate the trade compliance and administrative work done by logistics providers on behalf of shippers.
28 Apr 2020
Carriers continue to be successful in their capacity management strategies, preventing a rate decline despite a sharp reduction in demand and a steep drop in fuel prices.
28 Apr 2020
Just as airlines have been able to price passenger seats by demand, carriers see similar potential in adjusting slot rates based on seasonality, supply and demand on a specific sailing, and costs associated with a specific shipment or customer.
27 Apr 2020
Containers shipped from China after factories reopened in March have now arrived at European ports, but there is little volume that will follow, at least for the next three months.
27 Apr 2020
From a flexibility perspective, new-Panamax vessels allow carriers to deploy the largest ships able to traverse the Panama Canal while still benefiting from economies of scale.
24 Apr 2020
DP World’s rollout this week of an online freight booking platform for forwarders continues its campaign toward broadening its reach in containerized supply chains.
24 Apr 2020
Carriers will blank dozens of sailings in the trans-Pacific as they anticipate a double-digit drop in imports in May and June.
23 Apr 2020
The unprecedented number of blank sailings announced by carriers on the Asia-Europe trade is an indicator of low demand expectations by carriers.
22 Apr 2020
The devastating impact of the US-China trade war followed by the COVID-19 destruction of consumer demand in the US will result in a dispersal of trade lanes connecting North America with growing production clusters in Southeast Asia, the Indian subcontinent, and Latin America.
22 Apr 2020
Since acquiring APL in 2016, CMA CGM has steadily withdrawn the carrier from all other trade lanes and will now only cover trade between Asia and North America.
22 Apr 2020
Shippers pressuring carriers to drop low-sulfur surcharges have some impressive data to support their push, with the price of very low-sulfur fuel oil in Singapore having collapsed by 70 percent since the first week of January.
21 Apr 2020
The improved crisis-managing ability of a consolidated container shipping industry is serving it well as the coronavirus drags down demand.
20 Apr 2020
Carriers are focusing their efforts on cost-saving measures through an extensive blank sailing program to match evaporating demand amid the COVID-19 impact on cash flow.
17 Apr 2020
This year’s negotiations on trans-Pacific service contracts have been more amicable than in previous years, as both carriers and their customers face significant challenges forecasting consumer demand and oil prices.
17 Apr 2020
The container shipping industry will undoubtedly do more business electronically as a result of the corona­virus disease 2019 (COVID-19), but will digitalization be a force for solving longstanding problems, set the stage for disruption, or both?
17 Apr 2020
The series of blank sailings is intended to shore up freight rates that have dropped to around $900-$1,000 per FEU from about $2,400 per FEU at the beginning of the year.
16 Apr 2020
Extensive capacity cuts by the carriers are reducing price volatility on the headhaul on the Asia-Europe trade and driving up rates on the backhaul.
16 Apr 2020
The effects of the coronavirus have yet to be felt by Europe’s busiest container port, but it has joined Antwerp in issuing a grim prediction for the year ahead.
15 Apr 2020
Carriers are in a precarious financial position, facing a cash flow crisis amid weak volume and huge capacity cuts, and no clarity on when demand will return.
15 Apr 2020
MSC has pledged to remain vigilant to online threats following a server outage at its Geneva headquarters that restricted the availability of digital tools and bookings for five days.
14 Apr 2020
US exporters are incurring fees and added logistics costs throughout their supply chains as carriers disrupt sailing schedules through numerous blank sailings.
14 Apr 2020
The strong growth in US resin exports of the last two years could falter in 2020 as overseas production gets cheaper due to the fall in oil prices and demand weakens amid the global recessionary pressures from the coronavirus disease 2019 (COVID-19) pandemic.
13 Apr 2020
The world's second biggest container line was slowing resolving a four-day server outage at its Geneva headquarters, a disruption that has affected online processes but not the flow of its customers cargo.
13 Apr 2020
Blanked sailings announced by trans-Pacific carriers demonstrate the steep decline in consumer demand for summer and back-to-school merchandise, and raise a stark warning of a possible peak-season bust later this summer.
10 Apr 2020
Meditteranean Shipping Co. did not disclose in a LinkedIn post whether the outage was due to a cyber attack, but industry watchers were quick to speculate Friday morning that this was the case.
09 Apr 2020
Carriers are answering shipper calls to slow down the import of containers that are filled with consumer goods that cannot be sold with non-essential retailers shuttered amid the pandemic lockdown.
08 Apr 2020
The expansion of the “Suspension of Transit” program highlights the rising demand from European and North American cargo owners to avoid demurrage fees as COVID-19 saps the need for non-essential goods.
07 Apr 2020
Even as undeliverable goods begin piling up at US ports, concern is emerging that the recovery from the economic effects of the coronavirus disease 2019 (COVID-19) will be much longer and slower than initially predicted.
07 Apr 2020
US imports from Asia plunged in March, and analysts are projecting double-digit percentage declines in total import volumes through at least August.
07 Apr 2020
Keeping goods moving through container terminals is crucial to avoid bottlenecks, even though much of the cargo is unwanted in locked-down regions.
06 Apr 2020
The impact of the coronavirus on container shipping finances continues to grow, and with collapsing demand come questions on whether all the debt-strapped global carriers can survive losses of up to $23 billion.
06 Apr 2020
Non-essential shipments face being left at the docks with goods unable to be sold at shuttered retail stores, with little space in terminals and warehouses to provide longer term storage for the incoming cargo.
03 Apr 2020
Maersk’s ability to gain greater control of shipments as they move through the supply chain is key to the largest container line transforming itself into a provider of integrated end-to-end logistics.
ONE targets global electronic bill of lading capability by mid-year
02 Apr 2020
Singapore-based carrier ONE plans to roll out globally an electronic bill of lading through its customer portal starting in the second quarter of 2020.
02 Apr 2020
As consumer demand in the US plummets due to the coronavirus disease 2019 (COVID-19), trans-Pacific carriers are suspending entire strings in addition to blanking additional sailings from Asia in the second quarter.
02 Apr 2020
The risk in the coming week is that more US retailers and manufacturers fail to pick up containers because warehouses are full or closed due to not being deemed essential service providers responding to coronavirus disease COVID-19.