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

14 Aug 2020
Taiwanese carrier Yang Ming was unable to turn around its string of financial losses in the first half, but the shipping company continues to inch its way closer to a positive result.
16 Jun 2020
Lockdowns on both sides of the Atlantic have hurt the busy trade route and dramatically cut European exports to the major demand markets of North America.
15 Jun 2020
The federal grants will go to waterborne freight services in Illinois, Indiana, Kentucky, Louisiana, New York, New Jersey, Oregon, Tennessee, Washington, and American Samoa.
15 Jun 2020
The National Industrial Transportation League said its members do not rely on the publication of essential contract terms, eliminating the need for carriers to make such filings.
15 Jun 2020
Container shipping, for the moment, has broken the self-destructive cycle of the post-financial crisis decade that saw carriers resorting to pulling cost levers like building mega-ships and slow steaming that benefit them, but not their customers.
12 Jun 2020
Eastbound container spot rates from Asia to the US West Coast rose to their highest point in a decade this week as an unexpected spike in volumes collided with blank sailings by carriers.
12 Jun 2020
The demand outlook on the Asia–Europe trade remains deeply uncertain, but carriers continue to hold the line on pricing amid a high level of blank sailings and volume declines.
12 Jun 2020
Focusing on differentiated services will help container lines weather the unpredictable demand cycles of the ongoing COVID-19 pandemic, liner industry veteran Ron Widdows told JOC Uncharted.
11 Jun 2020
The latest economic and trade outlooks for Europe paint a gloomy picture for the year.
10 Jun 2020
Despite the gradual reopening of the US economy, retail sales, which are the main driver of import volumes in the trans-Pacific, are forecast to decline 11.3 percent this year, according to IHS Markit.
09 Jun 2020
Double-digit decline in US imports from Asia in May continues what is expected to be a second consecutive year of negative container volumes in the eastbound trans-Pacific.
09 Jun 2020
Supply chain disruption from measures to limit the damage of the coronavirus can delay the collection or return of containers, but D&D charges vary widely across carriers and ports.
08 Jun 2020
“The impact of COVID-19 at major US retail container ports appears to be easing slightly, with projected imports remaining below last year’s levels but not as much as previously forecast,” according to the National Retail Federation's latest Global Port Tracker report.
08 Jun 2020
The extensive blank sailings on major east-west trades are having an uneven impact on the major gateway ports of Europe and North America.
08 Jun 2020
An unexpected surge in imports in late May, which caused cargo rolling at Asian ports and a spike in spot rates, is spawning tension between forwarders and carriers in the eastbound trans-Pacific.
05 Jun 2020
COVID-19 lockdowns are weighing on global container shipping demand, and CMA CGM has joined other major carriers in expressing gloomy expectations for the second quarter.
05 Jun 2020
Jeremy Nixon, CEO of Ocean Network Express (ONE), says he’s more optimistic of a rebound in trans-Pacific container volumes as Chinese factory production builds and some importing sectors such as retailers bringing in summer items begin restocking inventories.
03 Jun 2020
Continued aggressive capacity reductions in major container trades are a clear indication of low demand expectations from carriers for the next few months, and possibly into the trans-Pacific peak season.
03 Jun 2020
US exporters of scrap metals, paper, and plastics saw increased demand in 2019, but volumes have come crashing down in early 2020 due to supply and demand destruction caused by the COVID-19 crisis.
02 Jun 2020
ZIM’s new eCommerce Xpress service offers 12-day transit times from South China to Los Angeles with expedited cargo handling and inland transportation connections at West Basin Container Terminal.
02 Jun 2020
Forward cargo bookings stabilize, but weak demand continues to hold back the reinstatement of withdrawn carrier capacity.
01 Jun 2020
A collapse in US exports of scrap paper and forest products due to tariffs, environmental restrictions, and slowing economies in receiving countries is expected to continue this year due to the effects of the COVID-19 crisis.
29 May 2020
Spot container rates spiked from the previous week as retailers replenished diminished inventories and after capacity has been reduced through dozens of blank sailings in May.
29 May 2020
Extensive capacity cuts on the Asia–Europe and Asia–Med trades are holding up container spot rates, and some carriers are even announcing rate increases in May and June.
29 May 2020
As intra-Asia volumes seek to find their footing amid COVID-19, the mounting war of words over China’s initial handling of the coronavirus outbreak could result in a shift of multinational manufacturing from China to other regional players.
29 May 2020
The main concern for US resin producers in 2019 was an increase in Chinese import tariffs, but that has been overshadowed by macro-economic concerns during the COVID-19 pandemic.
28 May 2020
Carriers say container booking cancellations, and the failure of importers and exporters to notify them of the cancellations, are contributing to supply chain disruptions during the coronavirus disease 2019 (COVID-19).
28 May 2020
The current round of government support appears to have rekindled the debate over whether such influence is detrimental to the container shipping industry.
28 May 2020
The addition of DP World to Maersk and IBM’s blockchain platform TradeLens is a feather in the cap of the still nascent container logistics network, bringing a string of more than 80 terminals and associated business into the fold.
27 May 2020
Containerized agricultural exports surged in the first quarter over the year-ago period when China’s tariffs on many US commodities crushed ag exports to China.
27 May 2020
With the US imposing higher tariffs on goods from China, importers of household goods moved production to Southeast Asia last year, primarily Vietnam.
27 May 2020
The search for transportation’s fuel of the future is regaining the momentum built up in 2019, with high-profile initiatives launched in May to accelerate research into alternatives to fossil fuels.
27 May 2020
It was a solid first quarter for Zim, as the carrier managed to improve its profitability despite the growing impact of the coronavirus through the reporting period.
27 May 2020
A wave of government support measures and the rising threat of overcapacity speaks to the pain on the way, even if carriers have shown they’ve learned from the 2008-2009 global financial crisis not to pull punches when it takes to cutting capacity quickly.
26 May 2020
PIL, which raised more than $550 million from the sale of box ships earlier this year, said it has agreed on a debt repayment holiday until the end of this year with most of its main lenders.
26 May 2020
Increased import tariffs on Chinese-made toys in 2019 caused some shippers to shift sourcing to Vietnam, accelerating the diversion of those cargoes from Los Angeles and Long Beach to ports on the East and Gulf coasts.