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

29 Nov 2022
Vessel on-time performance to US ports continued to improve in October, although carriers in the eastbound trans-Pacific underperformed global schedule reliability.
31 May 2022
After a two-year investigation, the Federal Maritime Commission has determined that demand surpassing available vessel capacity is the driving force behind the market’s record freight rates. 
31 May 2022
A new multi-year agreement will allow Canadian Pacific to handle the majority of CMA CGM’s freight through Canada, underscoring the railroad’s aggressive approach to gaining international intermodal volume.
31 May 2022
Given that cargo flow into the US is currently getting worse, not better, any reduction in port congestion will take until late this year to arrive, if not longer, according to ocean carriers and forwarders.
31 May 2022
ONE’s order of 10 new ships designed to run on alternative fuels is part of the Singapore-based carrier’s $20 billion plan to overhaul its fleet.
31 May 2022
Those hoping for clarity on which market dynamics will be at play during the upcoming peak shipping season will need to wait a while longer for the answer, analyst Lars Jensen writes.
31 May 2022
China has selected Maersk to lead a pilot scheme that relaxes the country’s strict cabotage rules prohibiting transshipment between Chinese ports by foreign carriers.
27 May 2022
The White House is signaling its commitment to tackling port congestion and anticipation of stressed conditions by tapping a retired general as the new port envoy.
27 May 2022
Global shipping schedule reliability was relatively unchanged in April, with two-thirds of container ships arriving late or too early for their port berth windows.
27 May 2022
The drive to decarbonize the maritime industry has gained a foothold in Asia with the forming of a Lloyd’s Register-backed fuel transition alliance.
26 May 2022
Thailand-based Regional Container Lines is adding a new intra-Asia service out of Ho Chi Minh starting June 22, following the recent trend of expanded capacity to and from Indian ports in response to sustained demand.
26 May 2022
With importers taking longer to pick up their containers from overflowing terminals at hub ports in North Europe, ship delays are increasing, particularly for the largest vessels serving the Asia–Europe trade.
25 May 2022
US retail spending is increasing despite inflationary pressures, while bookings and port volumes remain strong, suggesting the inventory warnings of Walmart and Target have not hit the larger retail industry yet.
23 May 2022
Major carriers are skipping port calls and changing around schedules for services into Canada and the US East Coast amid high congestion and vessel delays.
23 May 2022
Walmart remained atop the list of the 100 largest US importers by a wide margin in 2021, while Koch Industries retained the No. 1 export spot.
19 May 2022
The Port of Mobile said a new weekly service to and from Guatemala and Honduras will allow shippers to tap the growing trade between the US and Central America.
19 May 2022
Profits reaped by carriers during the COVID-19 pandemic will result in greater strategic differentiation among carriers, while tensions with China could cause shippers to rethink their reliance on the world’s manufacturing hub.
19 May 2022
China continues to hold the largest share of US imports despite years of retaliatory tariffs and the ongoing efforts of US importers to diversify their sourcing to countries such as Vietnam, India, and Brazil.
19 May 2022
The container ship orderbook currently stands at 26.7 percent of the global fleet, with much of the new capacity to be delivered in 2023 and 2024, but carriers have no intention of allowing the additional supply to undermine rates and profitability.
18 May 2022
Executives say Zim will use its record quarterly profits to pay shareholder dividends, purchase new ships, and possibly to acquire a regional intra-Asia line, if the right opportunity arises.
18 May 2022
Intra-Asia carriers are posting record first-quarter profits, stepping into a profitable void left by mainline carriers who redeployed capacity to more lucrative east-west trades.
17 May 2022
Fresh Del Monte is offering slots and logistics services to other companies as the fresh produce shipper sees an opportunity to use six new vessels to drive logistics services.
17 May 2022
Hapag-Lloyd's sensor initiative is aimed at maximizing the use of its container fleet in an environment where global port congestion has reduced the number of turns each box makes on an annual basis.
17 May 2022
Top carriers operating out of India have revived no-show container fees, which range between $100 and $400 per box but can go as high as $1,000 for low-volume spot customers.
16 May 2022
Reefer equipment for European exporters is in short supply as the refrigerated shipments compete for carrier attention with less complex and higher-priced dry containers.
13 May 2022
Container line earnings continue to hit record highs for the first quarter, with HMM the latest carrier to report a highly profitable start to the year.
12 May 2022
Uncertainty surrounding the timing and speed at which Shanghai’s logistics sector will fully reopen after COVID lockdowns is making it difficult for US shippers and forwarders to plan for the second half of the year.
12 May 2022
The new director of the Port of New York and New Jersey said Shanghai’s COVID-19 lockdown is not causing any slowdown at the port because of an increasing number of containers from South Asia and the Indian subcontinent.
12 May 2022
With elevated contract rates already locked in, Hapag-Lloyd says a deteriorating spot market will not be enough to prevent another year of record profitability for the carrier.
11 May 2022
There is ample evidence that shippers during the COVID-19 pandemic have torn up the supply chain playbook that served them effectively for years, but questions remain over whether those changes will be permanent.
11 May 2022
The share of US imports from China compared to all Asia imports plunged roughly 6 percentage points between February and April amid COVID-19 lockdowns in Shenzhen and Shanghai.
10 May 2022
The presence of container shippers at JOC’s recent breakbulk conference shows that while global container volumes are slowing, plenty of logistics managers are concerned enough about future capacity on US trades.
09 May 2022
Honour Lane’s sale of a majority stake in the company comes at a time when NVOs are gaining ground in the trans-Pacific versus direct carrier contracts and looking to create more integrated offerings.
09 May 2022
US retailers are moving shipments forward in a bid to build inventories before inflation drives prices too high and weakens consumer spending.
09 May 2022
China’s COVID lockdowns, the war in Ukraine, soaring energy prices, and declining global container volumes are muddying the trade outlook waters this year.
06 May 2022
California’s two senators are pushing ocean carriers to provide more export containers to stem billions of dollars in losses they say the state’s agricultural industry has suffered recently.