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 Nov 2022
Central America and Caribbean trade has largely recovered from the COVID-19 pandemic thanks to healthy peak season demand, but port congestion and labor issues continue to cause intermittent delays.
25 Oct 2022
The surcharge revisions come as average contract prices out of Indian trades have already declined to the mid-2021 trendline and could drop further to near pre-pandemic levels.
24 Oct 2022
US ports saw a jump in shipments from Bangladesh this year through August, mostly from apparel and clothing accessories, as importers support a “China-plus-one” sourcing strategy.
24 Oct 2022
The rate declines seen in major ocean trades this year have begun to seep into intra-Asia markets, with regional carriers now reporting lower revenues and volumes.
21 Oct 2022
Rates on ocean trades from India continue to slide, although the country’s shipping lobby thinks prices will eventually settle at a midpoint between pre-pandemic levels and the record highs of earlier this year.
20 Oct 2022
Buyers of ocean capacity have long used freight rate indexes to gauge the direction of the market, but disruption and sky-high costs during the COVID-19 pandemic have elevated their prominence, often leading to difficult discussions with their executive leadership.
20 Oct 2022
A widely held view by carrier executives that the IMO’s environmental regulations will absorb a large amount of surplus vessel capacity has been countered by shipping analyst Drewry.
19 Oct 2022
Maersk and Wan Hai are throttling back their capacity into the US West Coast amid a severe drop in container freight rates that could lead to even more vessel cuts as the fourth quarter progresses.
19 Oct 2022
A mix of slow-steaming and scrapping in upcoming years due to fuel efficiency rules could cause a significant reduction in ocean vessel capacity.
19 Oct 2022
It was the “year of the ocean carrier” as liner operators saw 2021 revenue results that were more than double those of other top 50 transportation providers.
18 Oct 2022
CMA CGM is adding a new South America-US Gulf service that aims to restore some of the capacity lost on that trade lane due to cutbacks over the past year.
17 Oct 2022
With MSC poised to further increase the size of its fleet, it could back out of the 2M Alliance to create its own standalone service network, leaving Maersk to search for new vessel-sharing partners, writes JOC analyst Lars Jensen.
14 Oct 2022
Market conditions may be normalizing for carriers as rates and demand drop closer to 2019 levels, but shippers in Europe continue to battle disruption in their import cargo flows.
13 Oct 2022
Although trans-Pacific carriers are now rushing to blank sailings, the capacity overhang in the trade lane is so great that industry analysts say excess space will continue to plague the trade lane.
13 Oct 2022
Rising tensions between China and the United States underscore how even as supply chain congestion is easing, geopolitical threats pose disruption on an entirely different scale.
12 Oct 2022
The effects of an earlier-than-normal peak season and canceled retail orders have begun to show in US import data, with volumes from Asia in September falling to their lowest level of the year.
12 Oct 2022
Tumbling rates and an injection of capacity as congestion clears has become a price-destroying tool on the major export trades out of Asia.
12 Oct 2022
As carriers get even more aggressive in pulling trans-Pacific capacity, they are setting up the market for a spot rate rebound at the first sign of a pick-up in volumes.
12 Oct 2022
Highlighting the buoyant market conditions for the first nine months of 2022, Cosco Shipping said export freight rates on the main trade routes “were maintained at a high level.”
11 Oct 2022
BNSF Railway has lowered container backlogs at two inland rail ramps as regional chassis shortages ease, allowing shippers to pick up freight more quickly.
10 Oct 2022
CMA CGM will reconfigure its current services connecting the US Gulf with Brazil in November and commence a new string between the US East Coast and West Coast of South America in December.
07 Oct 2022
US retailers are forecasting declining imports through the end of the year even though holiday merchandise sales are expected to be strong.
07 Oct 2022
Rates and volume on the major trade lanes out of Asia fell during the third quarter, but not enough to slow OOCL’s revenue growth.
07 Oct 2022
More than 5 million TEU of ordered container shipping capacity will be delivered over the next two years, outstripping demand as the global economic outlook darkens.
05 Oct 2022
Maersk has pledged to replace older tonnage only with green fuel–compliant ships, and with the latest order for six vessels the carrier has more than 300,000 TEU of dual-fuel capacity on its orderbook.
04 Oct 2022
While rivals make huge investments in end-to-end logistics, Hapag-Lloyd’s strategy is to retain a core focus on container transport and the expansion of its global terminal footprint.
03 Oct 2022
Major carriers and smaller liners are consolidating and halting trans-Pacific services amid a sharp drop in spot freight rates that hasn’t been cured by blank sailings.
03 Oct 2022
A major challenge arising from decarbonization will come when it’s actually time to measure at a TEU level whether a certain shipment is carbon neutral or not, writes JOC analyst Lars Jensen.
30 Sep 2022
Spot rates in the eastbound trans-Pacific are dropping so quickly — and by such large amounts — that industry analysts warn carriers could soon be carrying containers at a loss.
30 Sep 2022
A trio of technology providers want to give shippers the ability to tie sensor-based container data to in-transit cargo insurance decisions.
30 Sep 2022
Growth forecasts for Indian exports have been challenged by the dual headwinds of adverse geopolitical factors and rising inflationary pressures plaguing larger economies.
29 Sep 2022
A consortium of liner carriers and terminals aiming to speed the sharing of shipment data with banks believes it can overcome a chronic consent hurdle in the process.
29 Sep 2022
Spot rates on the Asia–North Europe trade lane have now fallen 50 percent since January as softening demand and worsening economic indicators lead to a steady slowdown of the container shipping market.
29 Sep 2022
The legacy of the pandemic’s effect on supply chains will be less about permanent cost increases and more about permanently altered attitudes towards risk, writes JOC’s Peter Tirschwell.
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.
28 Sep 2022
Foreign transshipment demand for Indian containerized exports and imports remains considerable despite recent heightened stakeholder efforts to tame the costly mode in the absence of insufficient origin-to-destination direct connections.