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

19 Jan 2021
The never ending peak season demand on major trades out of Asia has placed unseasonal demands on carriers and container terminals in the region, with increasing numbers of containers being rolled at the regional hubs.
Green container shipping can make economic sense
05 Aug 2019
Pursuing green initiatives in the shipping industry doesn’t only help the environment; it can boost the bottom line, as well.
Firming trans-Pac spot rates signal calmer peak
02 Aug 2019
Spot rates in the eastbound Pacific are starting to firm, but will not increase as dramatically as they did during the 2018 peak season because importers are taking tariff announcements in stride.
The fine against "K" Line comes more than a year after the carrier pleaded guilty following an extensive probe by Australian regulators.
02 Aug 2019
An ongoing probe by Australian regulators that involves several carrier lines over a period of years has resulted in a hefty fine for K Line over price fixing allegations involving the shipment of vehicles.
01 Aug 2019
US retailers and other importers say they have no way to avoid paying the latest “tax” on their merchandise that will result from the Sep. 1 tariffs on the remaining $300 billion in Chinese imports, although cargo volumes this peak season will be unaffected.
31 Jul 2019
Carriers will be given a 45-day grace period to adjust to new rules in India that call for the filing of import and export manifests much earlier than required by existing regulations.
31 Jul 2019
It has been a good start to the year for ONE, with no distracting merger issues to affect service levels and revenue.
30 Jul 2019
Insufficient technological bandwidth and legacy ships may stall implementation of all-electric and hybrid vessel designs, despite showing significant potential to reduce greenhouse gas (GHG) emissions in an effort to meet International Maritime Organization (IMO) 2050 goals.
30 Jul 2019
Morten Moller Weisdal, a managing director at Mediterrean Shipping Co., said Tuesday the need to improve sustainability in container shipping is “the single-greatest challenge of our lifetime.” Shippers, he noted, “bear a huge responsibility.”
29 Jul 2019
Global shore power could significantly reduce greenhouse gas (GHG) emissions, but faces significant hurdles to implementation due to a lack of national legislation and high electricity costs.
26 Jul 2019
The Panama Canal on Friday increased from 44 feet to 45 feet the permitted depth of vessels passing through the critical waterway as canal authorities have begun to walk back depth limits introduced over the last seven months due to a lack of rainfall.
26 Jul 2019
APL has its third CEO since being acquired by CMA CGM as the carrier prepares to consolidate its presence in the trans-Pacific and intra-Asia.
26 Jul 2019
Maersk’s investment in digital trucking marketplace Loadsmart presaged a move to offer integrated US truckload rates on its online booking platform, a move the carrier confirmed this week.
26 Jul 2019
As the IMO 2020 rule inches closer, analysts following energy markets are becoming alarmed at the possibility that the spread between low-sulfur and heavy fuel oils, which will guide the surcharges shippers pay, could be larger than shippers are anticipating.
NY to launch Northeast container barge viability study
24 Jul 2019
A study of shipper interest in moving cargo by barge on different routes around the Northeast Coast is expected to be underway by the end of the year in the latest exploration by New York and other authorities of ways to shift cargo from trucks to barges, reducing pollution and congestion.
2M keeps Asia-Europe sailings while rivals cut
24 Jul 2019
The 2M Alliance is holding off on blanking sailings while rival alliances slash capacity through July and August in a bid to shore up slumping rates.
24 Jul 2019
Yilport and the Mississippi State Port Authority are making headway in agreeing to a concession and aim to have a binding letter of intent — featuring a roadmap of planned investments — by the end of the year.
23 Jul 2019
A new Hapag-Lloyd-led service linking southeast India to North Europe is expected to reduce the volumes India loses to foreign transshipment options.
Kuehne + Nagel: No December rush ahead of IMO 2020
23 Jul 2019
The world’s biggest ocean freight forwarder does not see why shippers would feel an urgent need to move cargo before the IMO 2020 low-sulfur fuel mandate kicks in on Jan. 1.
22 Jul 2019
Industry experts say predictions of front-loading of shipments in the fourth quarter and a shift of routing from East to West Coast ports because of higher bunker fuel surcharges come Jan. 1, 2020, are greatly exaggerated.
22 Jul 2019
Carbon pricing and climate levies are still in the running as potential solutions to help reduce greenhouse gas emissions in maritime shipping, according to industry analysts.
22 Jul 2019
Cosco had a 10.3 percent share of capacity on the east coast of South America-to-Far East route earlier this year, and has plans to grow that with extra loaders and bigger vessels through the remainder of 2019.
19 Jul 2019
Tactical use of blank sailings and extra-loaders will prop up freight rates while ensuring capacity during a peak season that will be marked by uncertainties because of the US-China trade war, a JOC webinar was told.
Operational gains path to early shipping decarbonization
19 Jul 2019
Although improvements in operational efficiencies alone will not meet IMO 2050 emissions targets, industry experts say they are the most feasible short-term measures to transition to a low-carbon shipping sector.
CMA CGM and MSC have invested in Traxens, and along with Maersk have committed to a collective 150,000 of the technology provider's container-mounted devices.
17 Jul 2019
The Traxen devices are meant to provide more reliable data about the location and condition of containers while in transit, and an associated analytics platform is designed to help shippers better understand where and when their goods hit bottlenecks, both episodic and systemic.
17 Jul 2019
With its sophisticated remote container management technology for reefer movement, Maersk recently shipped a large export consignment of home-grown mangoes from India to the UK, setting itself up for further growth in that market.
17 Jul 2019
Three months after a federal court voided the 2018 results of the International Longshore & Warehouse Union’s election of top officers, the union is still awaiting instructions for holding a new election.
16 Jul 2019
The 90-day suspension of MSC from the Customs-Trade Partnership Against Terrorism after nearly 20 tons of cocaine were seized at the Port of Philadelphia June 17 sends a clear warning to major container lines.
16 Jul 2019
While carriers are determined to pass low-sulfur fuel costs on to shippers, their customers are warning the additional charges better be in line with the market.
15 Jul 2019
A forfeiture would have pushed up Mediterrean Shipping Co.’s charterer rates, compounding the pain the carrier has already suffered via delayed shipments, added docking fees, and damage to its brand.
15 Jul 2019
A bill introduced in Congress addresses two key complaints among cargo owners and transportation providers regarding the Customs-Trade Partnership Against Terrorism program: murky benefits for onerous program requirements and concerns over backlash if suspended or expelled.
12 Jul 2019
The shallow drafts pushed up spot rates on cargo from Asia, although it’s unclear how much was due to reduced loading capacity and how much was used by carrier representatives as simply justification to seek higher rates.
New strategies of CMA CGM, Maersk familiar, but bolder
12 Jul 2019
Carriers are going beyond setting up logistics arms and instead making the end-to-end reach a full company play rather than standalone attempt to offer the higher value and margin services as the NVOs they compete and partner with.
12 Jul 2019
While blockchain as a mechanism to speed the digitization of shipping documentation gets traction, development by a TradeLens rival will test whether systems are interoperable.
11 Jul 2019
With US import growth of only 1.4 percent from all of Asia in the first half of 2019, and a 5 percent decline in imports from China, the six blanked sailings announced for June and July could be followed by others if volume growth disappoints during the coming peak season.
10 Jul 2019
Shippers on the trans-Pacific are getting a taste of the capacity management in store as carriers try to balance capacity with slowing demand.