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.
28 Dec 2021
Despite the urgency around decarbonizing one of the world’s most polluting industries, the IMO continues to struggle to achieve consensus on the way forward among its 175 member states.
28 Dec 2021
The port of New York–New Jersey is looking at how it can deal with five years of expected cargo growth that has hit the port through 2021, while other Northeast ports are expanding capacity to deal with larger ships.
27 Dec 2021
Although spillover cargo from the congested container market will recede as the market stabilizes, breakbulk and recovering project demand coupled with shrinking capacity are expected to keep MPV/HL rates from sinking to pre-COVID-19 levels
27 Dec 2021
Demand for less-than-container load (LCL) services has driven a customs technology company catering to small US shippers to launch a service from two Chinese ports to New York-New Jersey.
27 Dec 2021
Pandemic-born disruption will continue forcing logistics practitioners to rework supply chains in 2022 to deal with ongoing congestion and equipment shortages.
23 Dec 2021
Global vessel schedule reliability remained at a six-year low in November amid the ongoing chaotic market for trans-Pacific shipping.
23 Dec 2021
A sea change in ocean freight rate volatility has precipitated new efforts to drive usage of derivatives, with index providers suggesting there is previously unseen appetite from shippers and forwarders for hedging tools.
23 Dec 2021
Forwarders are raising red flags as a more integrated Maersk becomes better equipped to establish direct relationships with shippers.
22 Dec 2021
The Port of New York and New Jersey is seeing more vessels sit longer at anchor as December winds down owing to increasing number of large ship calls.
22 Dec 2021
Maersk will significantly expand its Asia Pacific contract logistics and e-commerce footprint in Asia Pacific with its latest multi-billion-dollar acquisition.
21 Dec 2021
Under legislation passed by the House on Dec. 8 and soon to be considered in the Senate, Congress is moving forward on requiring container lines and marine terminals to validate storage fees meeting US shipping law requirements.
21 Dec 2021
Futures contracts based on container rates across several major trade lanes will start trading at the end of February on one of the world’s largest financial exchanges.
21 Dec 2021
Port bottlenecks at both ends of the Asia-Europe trade are forcing carriers to cancel sailings even as they increase capacity to compensate for vessels delayed by congestion.
20 Dec 2021
Mediterranean Shipping Co. has made an offer for the largest port and logistics provider on the African continent as it looks to expand on a growing market.
20 Dec 2021
Mediterranean Shipping Co. is temporarily omitting New York-New Jersey from a Suez service to the US East Coast and instead making Savannah the first port of call, citing vessel congestion along the coast.
17 Dec 2021
A $60 million funding round into LatAm forwarder Nowports continues a trend of late-2021 cash infusions into early-stage logistics startups by big-name investors, including Tiger Global and SoftBank.
17 Dec 2021
Wan Hai Lines is looking to clear out a backlog of its vessels at anchor or drifting off the ports of Los Angeles-Long Beach after securing a new terminal deal with SSA Marine.
16 Dec 2021
HMM India officials said the carrier plans to use a fleet of eight to 12 vessels with an average capacity of 5,000 TEU on its new service linking the Indian port of Kattupalli with the Far East and Latin America.
16 Dec 2021
After a brutal 12 months of record high rates and all-time low schedule reliability, ocean contract rate trends show shippers are heading for another year of highly elevated transportation costs.
15 Dec 2021
There was a lack of substantial debate in the House before passing major ocean shipping reform legislation even after the ranking member of the maritime subcommittee warned that while he supported the bill, he had reservations.
15 Dec 2021
Congested marine terminals, chock-full warehouses, and chassis shortages are likely to create a high level of supply chain disruptions throughout 2022, experts told JOC’s Port Performance North America webcast.
14 Dec 2021
Mediterranean Shipping Co. is changing a trans-Pacific service calling on Portland to the East Coast, but the carrier is keeping a stake at the Oregon port via a new shuttle service
13 Dec 2021
The US Department of Transportation funds barge projects along the US East and Gulf coasts that aim to shift freight from highways to coastal and inland waterways.
10 Dec 2021
One of the first cases brought under the Federal Maritime Commission’s interpretative rule on detention and demurrage has been settled, but the larger issue remains an open question since the deal means there was no ruling by FMC.
10 Dec 2021
Shippers will be forced to dig deeper when South China barge operators limit services later this month to allow sea-going crews extra time to comply with China’s strict COVID-19 quarantine rules ahead of the Lunar New Year holiday.
09 Dec 2021
The House voted overwhelmingly in favor of the Ocean Shipping Reform Act, which if passed by the Senate and signed into law by President Joe Biden would herald the first rewriting of US shipping law since 1998.
09 Dec 2021
End-to-end recovery in the global supply chain will only come through slower demand growth and a period of calm that is far from guaranteed as long as COVID-19 continues to affect manufacturing and consumption.
08 Dec 2021
Retailers project continued strong imports into 2022, with no traditional post-holiday slack period, as sales remain strong and ports work overtime to reduce vessel backlogs.
08 Dec 2021
The true extent of port congestion on the schedules of Asia-North Europe container carriers has been tallied by Alphaliner, with one in four calls on the main loops being omitted through the second half of the year.
08 Dec 2021
DP World’s new feeder service is further proof that demand for short-sea or coastal shipping activity in India has grown significantly after restrictive cabotage rules applied to foreign-owned vessels in that segment were abolished three years ago.
07 Dec 2021
A growing number of blank sailings comes as carriers are also skipping ports in both Asia and the United States in an effort to recover sailing schedules.
06 Dec 2021
There has been no end-of-year slowdown for spot rates on the Asia-Europe container trade lane as market disruption keeps upwards pressure on prices.
03 Dec 2021
Liner carriers find themselves in the unusual position of having cash to both repay debt and invest in a range of ways, from new ships to technology to strategic acquisitions.
03 Dec 2021
The sky-high ocean freight rates into the US East Coast have beckoned an increasing number of ‘tramp’ ships trying to secure berth space for container discharge at the NY-NJ port.
02 Dec 2021
The latest talk about a share sale that would start the path toward privatization comes after HMM announced record third-quarter results on Nov. 10 with a near 10-fold increase in net profit to almost $2 billion.