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

28 Sep 2022
Vessel on-time performance to US ports improved in August, but was still noticeably below global reliability as supply chain bottlenecks on some of the major east-west trade lanes began to ease.
02 Aug 2022
A highly profitable second quarter and no sign of easing in congested container shipping markets has left Maersk on course for a significantly improved annual result.
01 Aug 2022
India cargo owners are now dealing with a fresh levy linked to container weight, along with a new wave of general rate increases and surcharges that have already found their way into the market ahead of peak shipping season.
01 Aug 2022
A new intra-Asia trade pact has helped boost container activity in the region, while volumes to Europe, the Mediterranean, and Africa have dipped as a result.
29 Jul 2022
US retailers have shifted some of their imports to the East Coast as a hedge against possible labor disruption at West Coast ports, a move that has caused vessel backlogs at major gateways along the eastern seaboard.
29 Jul 2022
Indian policymakers have had a heightened focus of late on the development of marine highways along the country’s vast river network in order to encourage a larger modal shift from land to sea.
29 Jul 2022
The enormous challenges of transitioning global shipping from fossil fuels to zero-carbon alternatives are coming into view, none more important than aligning private investors and governments to ensure decarbonization targets are met.
29 Jul 2022
ONE has extended its highly profitable run through its fiscal first quarter, building on last year’s stellar performance to turn in another record result.
29 Jul 2022
Retailers and forwarders in the eastbound trans-Pacific are facing an unusual dichotomy in which spot rates continue to deteriorate even though monthly import volumes from Asia remain at record or near-record levels.
28 Jul 2022
Average rate levels secured by Hapag-Lloyd were up 80 percent through the first half, setting the carrier on course for another hugely profitable year.
27 Jul 2022
Even after Schauer sold Orion Marine to OL International Holdings, he continued to consult and field calls from clients around the world looking to him for guidance.
26 Jul 2022
Carriers have told JOC.com they do not want to base the economics of a long-term agreement with the ILA on the relatively short-term — and highly profitable — economic conditions of the past two years.
22 Jul 2022
Maersk is the first carrier to outline the cost to shippers of complying with Europe’s impending emissions trading rules, but other carriers want greater clarity before committing to any surcharges.
21 Jul 2022
The Port of Philadelphia is prioritizing the densification of the Packer Avenue Marine Terminal and looking to open new near-dock storage as it readies for post-Panamax ship calls.
19 Jul 2022
Idle containers are stacking up by the thousands in North America and Europe, but supply is plentiful at origin points in Asia, demonstrating the vast contrast in equipment fluidity at opposite ends of the supply chain.
18 Jul 2022
Yilport's Robert Yildirim tells JOC Executive Editor Mark Szakonyi the container shipping industry is well-poised to keep up profits through an expected slowdown in global container volumes in the fourth quarter and into next year.
18 Jul 2022
Spot rates for ocean freight from Asia to the US East Coast have fallen as order cancellations by US shippers frees up vessel space.
15 Jul 2022
In a bid to maintain schedule integrity, carriers such as MSC and Hapag-Lloyd are implementing network changes on services from India to North Europe and the US East Coast.
14 Jul 2022
The US Federal Maritime Commission is casting a wider net for potential investigations into container demurrage and detention billing with new steps for initiating complaints.
14 Jul 2022
US imports from Asia hit a record for the month of June as consumers seemingly shrugged off rising inflation and maintained recent spending habits.
14 Jul 2022
South Korea’s highly profitable HMM has announced a massive investment plan that will extend the carrier’s reach deeper into the container supply chain.
13 Jul 2022
Wage negotiations between a German union and port employers have again failed to reach a settlement, with a two-day strike set to start Thursday as vessel congestion persists.
12 Jul 2022
OSRA-22's immediate requirement for accurate billing of detention and demurrage fees has set off a scramble among ocean carriers and marine terminal operators to update their invoicing practices and systems.
12 Jul 2022
The competition regulations applied to container shipping are no longer fit for purpose and need a major revamp, according to the OECD’s International Transport Forum.
12 Jul 2022
The Digital Container Shipping Association is ramping up efforts to drive electronic bill of lading adoption by working with four technology vendors and a major shipper to ensure their products are interoperable.
11 Jul 2022
The degree to which US importers can negotiate lower service contract rates hinges on whether container lines can keep up spot rates, which are still three times higher than before the COVID-19 pandemic.
08 Jul 2022
US retailers are forecasting continued strong import volumes in the second half of the year, although not quite as high as the torrid pace of 2021.
08 Jul 2022
Forwarders say the intra-Asia market is likely to become more challenging in the third and fourth quarters with no significant increase in demand expected even as space and equipment availability remain tight.
07 Jul 2022
The massively profitable container shipping environment was highlighted yet again in a first-half profit alert by Cosco Shipping Holdings, which would seem to put the carrier — and the industry — firmly on course for another record-breaking year.
06 Jul 2022
A series of European port strikes show the rising risk of industrial actions, as global inflation squeezes workers throughout containerized supply chains, writes JOC Executive Editor Mark Szakonyi.
06 Jul 2022
Signs of a weakening container shipping market have yet to make their presence felt in the financial performance of OOCL, with the carrier continuing its run of stellar revenue gains through the second quarter.
05 Jul 2022
While ocean carrier reliability from Asia to the US West Coast ticked higher in May, a dip for East Coast calls showed the result of delays coming amid vessel diversions.
05 Jul 2022
Forwarding software provider WiseTech Global has waded into the fragmented electronic bill of lading space with the purchase of Bolero, an early provider of trade finance and electronic documentation tools.
01 Jul 2022
French carrier CMA CGM has responded to a government call for price cuts to help inflation-hit consumers by announcing a 500 Euro cut in long-term rates for imports of essential household goods through French ports.
01 Jul 2022
Maersk’s decision to resign from the board of the International Chamber of Shipping is a sign of the divergence among shipowner group as pressure builds to more aggressively address climate change.
01 Jul 2022
A global shippers’ group believes US regulatory probes into container shipping practices through the pandemic will add pressure on the European Commission to formally review its carrier exemption from antitrust law.