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 Oct 2020
Shippers contend with a lack of transparency when it comes to container lines communicating changes for the earliest return date for their boxes, creating operational headaches for cargo owners already affected by tariffs and COVID-19, new research has found.
22 Apr 2020
The devastating impact of the US-China trade war followed by the COVID-19 destruction of consumer demand in the US will result in a dispersal of trade lanes connecting North America with growing production clusters in Southeast Asia, the Indian subcontinent, and Latin America.
22 Apr 2020
Since acquiring APL in 2016, CMA CGM has steadily withdrawn the carrier from all other trade lanes and will now only cover trade between Asia and North America.
22 Apr 2020
Shippers pressuring carriers to drop low-sulfur surcharges have some impressive data to support their push, with the price of very low-sulfur fuel oil in Singapore having collapsed by 70 percent since the first week of January.
21 Apr 2020
The improved crisis-managing ability of a consolidated container shipping industry is serving it well as the coronavirus drags down demand.
20 Apr 2020
Carriers are focusing their efforts on cost-saving measures through an extensive blank sailing program to match evaporating demand amid the COVID-19 impact on cash flow.
17 Apr 2020
This year’s negotiations on trans-Pacific service contracts have been more amicable than in previous years, as both carriers and their customers face significant challenges forecasting consumer demand and oil prices.
17 Apr 2020
The container shipping industry will undoubtedly do more business electronically as a result of the corona­virus disease 2019 (COVID-19), but will digitalization be a force for solving longstanding problems, set the stage for disruption, or both?
17 Apr 2020
The series of blank sailings is intended to shore up freight rates that have dropped to around $900-$1,000 per FEU from about $2,400 per FEU at the beginning of the year.
16 Apr 2020
Extensive capacity cuts by the carriers are reducing price volatility on the headhaul on the Asia-Europe trade and driving up rates on the backhaul.
16 Apr 2020
The effects of the coronavirus have yet to be felt by Europe’s busiest container port, but it has joined Antwerp in issuing a grim prediction for the year ahead.
15 Apr 2020
Carriers are in a precarious financial position, facing a cash flow crisis amid weak volume and huge capacity cuts, and no clarity on when demand will return.
15 Apr 2020
MSC has pledged to remain vigilant to online threats following a server outage at its Geneva headquarters that restricted the availability of digital tools and bookings for five days.
14 Apr 2020
US exporters are incurring fees and added logistics costs throughout their supply chains as carriers disrupt sailing schedules through numerous blank sailings.
14 Apr 2020
The strong growth in US resin exports of the last two years could falter in 2020 as overseas production gets cheaper due to the fall in oil prices and demand weakens amid the global recessionary pressures from the coronavirus disease 2019 (COVID-19) pandemic.
13 Apr 2020
The world's second biggest container line was slowing resolving a four-day server outage at its Geneva headquarters, a disruption that has affected online processes but not the flow of its customers cargo.
13 Apr 2020
Blanked sailings announced by trans-Pacific carriers demonstrate the steep decline in consumer demand for summer and back-to-school merchandise, and raise a stark warning of a possible peak-season bust later this summer.
10 Apr 2020
Meditteranean Shipping Co. did not disclose in a LinkedIn post whether the outage was due to a cyber attack, but industry watchers were quick to speculate Friday morning that this was the case.
09 Apr 2020
Carriers are answering shipper calls to slow down the import of containers that are filled with consumer goods that cannot be sold with non-essential retailers shuttered amid the pandemic lockdown.
08 Apr 2020
The expansion of the “Suspension of Transit” program highlights the rising demand from European and North American cargo owners to avoid demurrage fees as COVID-19 saps the need for non-essential goods.
07 Apr 2020
Even as undeliverable goods begin piling up at US ports, concern is emerging that the recovery from the economic effects of the coronavirus disease 2019 (COVID-19) will be much longer and slower than initially predicted.
07 Apr 2020
US imports from Asia plunged in March, and analysts are projecting double-digit percentage declines in total import volumes through at least August.
07 Apr 2020
Keeping goods moving through container terminals is crucial to avoid bottlenecks, even though much of the cargo is unwanted in locked-down regions.
06 Apr 2020
The impact of the coronavirus on container shipping finances continues to grow, and with collapsing demand come questions on whether all the debt-strapped global carriers can survive losses of up to $23 billion.
06 Apr 2020
Non-essential shipments face being left at the docks with goods unable to be sold at shuttered retail stores, with little space in terminals and warehouses to provide longer term storage for the incoming cargo.
03 Apr 2020
Maersk’s ability to gain greater control of shipments as they move through the supply chain is key to the largest container line transforming itself into a provider of integrated end-to-end logistics.
ONE targets global electronic bill of lading capability by mid-year
02 Apr 2020
Singapore-based carrier ONE plans to roll out globally an electronic bill of lading through its customer portal starting in the second quarter of 2020.
02 Apr 2020
As consumer demand in the US plummets due to the coronavirus disease 2019 (COVID-19), trans-Pacific carriers are suspending entire strings in addition to blanking additional sailings from Asia in the second quarter.
02 Apr 2020
The risk in the coming week is that more US retailers and manufacturers fail to pick up containers because warehouses are full or closed due to not being deemed essential service providers responding to coronavirus disease COVID-19.
02 Apr 2020
A wave of containers is about to hit ports in the US and Europe while retail stores are closed and consumers are shut inside their homes to avoid contracting and spreading the coronavirus.
01 Apr 2020
Former Lykes Bros. Steamship Line President Jim Amoss was a respected and influential advocate for the US-flag liner industry.
01 Apr 2020
The Vancouver Fraser Port Authority and its largest tenant, GCT Canada, agree that Vancouver risks a scenario in which marine terminals will be clogged within roughly 10 years, but they disagree on how to add capacity.
01 Apr 2020
Carriers are making huge cuts in capacity with little warning, reflecting the speed with which demand is falling amid deepening lockdowns across major markets.
31 Mar 2020
The container line offering reflects the new reality of Western importers increasingly canceling, reducing and delaying shipments as consumer consumption craters under stay-at-home safety precautions linked to the coronavirus disease 2019 (COVID-19).
30 Mar 2020
Carriers are battling to match their available capacity with demand that is drying up from major economies in Europe that are under lockdown.
27 Mar 2020
Just as US agricultural exports received a boost from the US-China phase one trade deal, the global economic impact of the coronavirus threatens to put the brakes on ag exports to Asia.