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

23 Oct 2020
US exporters are crying foul as at least one trans-Pacific carriers has begun turning down shipments of low-revenue agricultural exports in order to expedite the return of empty containers to Asian load ports to carry much higher-paying US imports of consumer merchandise.
10 Mar 2020
Big capacity cuts fueled by coronavirus-related disruptions have resulted in large rate hikes on India trade lanes.
10 Mar 2020
The nine container lines that form the Digital Container Shipping Association have released guidelines intended to give all carriers a "common language" and "tasked-based approach" to meeting an IMO resolution around vessel cybersecurity preparedness.
09 Mar 2020
If shipments of spring and summer merchandise that were disrupted by factory closures in China due to the coronavirus disease (COVID-19) merge with back-to-school shipments that normally begin to move in late April, cargo delays are highly probable.
09 Mar 2020
CMA CGM has joined the gray pool in Memphis, a win for those advocating for truckers to use any chassis for any container to eliminate chassis splits and other inefficiencies that cost shippers money.
09 Mar 2020
Container volume growth on trades connecting the United States with South America decelerated last year, reflecting slowing economic growth in the bellwether countries of Brazil and Argentina, according to JOC's 2019 top US–South America port and carrier rankings.
06 Mar 2020
Preliminary service contract negotiations between carriers and US retailers and other importers normally begin before TPM. But the event, set for March 1-4, was canceled a day before it was set to begin due to safety concerns tied to the coronavirus.
06 Mar 2020
CMA CGM extended its $535 million credit lines with Neptune Orient Line for another three years, giving it a little breathing room.
06 Mar 2020
Low-sulfur fuel prices that were already on a sharp dive are being pushed even lower by the impact of the coronavirus on the global economy, and it’s an open question whether normally bullish indicators have enough strength to slow the downward momentum.
06 Mar 2020
The global nature of the coronavirus outbreak is throwing containerized goods supply and demand out of whack, but a way through the fog for all parties could be to lean more heavily on predictive analytics software.
06 Mar 2020
Shippers and transportation providers are hoping the 2019 European Union–Mercosur free trade agreement will finally bring some much-needed stability to the northbound South America–Europe trade lane, but lawmakers in Europe are having a tough time ratifying the deal.
05 Mar 2020
Dynamic ocean freight pricing — often conflated with instant quoting — can create some unintended consequences that rebound on the intermediaries upon which shippers rely.
04 Mar 2020
The ripple effects of China’s production curbs in February to combat the spread of the coronavirus continue to be felt around the world.
03 Mar 2020
New offerings released this week by Evergreen and Kontainers underscore the recent shift in how cargo transport is sold online and what’s available to book.
02 Mar 2020
Terminal operators in Los Angeles-Long Beach are canceling work shifts due to plunging cargo volumes, which is causing a backlog of empty containers in Southern California and could trigger chassis shortages if the condition is not resolved soon.
02 Mar 2020
The last of the pre-Chinese New Year shipments has arrived in the US and Europe, but with little shipped in February because of widespread factory shutdowns to curb the spread of the coronavirus, stock levels in March will start to run down.
02 Mar 2020
Logistics system integration provider Chain.io will help shippers and forwarders connect to carrier track-and-trace data via a standard established by the container line-led Digital Container Shipping Association (DCSA) in January.
28 Feb 2020
Spot rates in the eastbound trans-Pacific edged up slightly this week in the wake of blank sailings driven by the Lunar New Year and the coronavirus, although industry sources express optimism for growing cargo volumes in the second half of March.
28 Feb 2020
COSCO Shipping and OOCL again handled the largest share of US container imports from Asia in 2019, while CMA CGM and APL maintained the top spot in westbound US–Asia trade, despite declining overall volumes.
27 Feb 2020
Financial gains posted by carriers over the past couple of years could evaporate in 2020 unless lines contain their costs and standardize fuel pricing, according to an outlook released by AlixPartners.
27 Feb 2020
The addition of the new members in the Global Shipping Business Network will stoke competition in the race to develop platforms that link carriers, shippers, ports, terminals, customs authorities, and banks.
27 Feb 2020
The coronavirus disease 2019 (COVID-19) outbreak will distort container flows and global equipment fleet balance for at least another 90 to 120 days, according to Gregory Tuthill, chief commercial officer at SeaCube Containers.
26 Feb 2020
The terms of a $5 billion credit line obtained by Maersk as it reinvents itself as a logistics integrator will become more favorable as the ocean carrier progresses towards its carbon-neutrality goal.
26 Feb 2020
Container shipping continues its struggle to match capacity with very low demand, pulling huge amounts of capacity out of service on the key east-west trades.
25 Feb 2020
The domino effect of factory closures and other related supply chain disruptions stemming from the coronavirus disease 2019 (COVID-19) will have major downstream ramifications for container shipping demand, equipment availability, and rates.
24 Feb 2020
Driven mostly by increases in bunker fuel charges due to the IMO 2020 global low-sulfur fuel requirement, carriers say they intend to achieve all-inclusive freight rates that are slightly higher than the rates in last year’s service contracts.
24 Feb 2020
The Chinese government says it will take “strong measures” to ensure supply chain fluidity for refrigerated (reefer) food products, but US exporters must wait for factories to reopen and ships to begin leaving China again.
24 Feb 2020
Attention is shifting from mitigating the effects of China's dramatic measures to limit the spread of the coronavirus to how to recover from its impact on the supply chain.
21 Feb 2020
IHS Markit Vice President Peter Tirschwell on what to expect at this year's TPM Conference (1-4 March 2020, Long Beach, Calif). For the full agenda visit: www.joc-tpm.com/agenda
21 Feb 2020
The vulnerability of the container shipping supply chain has been repeatedly — and painfully — exposed, but as 2020 gets underway, the industry is facing disruption on a scale not seen in its more than 60-year history as a result of the coronavirus (COVID-19) outbreak in China.
21 Feb 2020
JOC Executive Editor Mark Szakonyi on afternoon sessions and case studies to be held at TPM20, 1-4 March 2020, Long Beach, California. For the full agenda visit: www.joc-tpm.com/agenda
Rail blockade forces Halifax ship diversions
20 Feb 2020
Halifax and the ports of Montreal and Vancouver have endured cargo backlogs at marine terminals and disruption to domestic and international shipments.
20 Feb 2020
A.P. Moller-Maersk’s integration strategy calls for the carrier to grow its non-ocean segment to half the business, but that process slowed dramatically in 2019.
20 Feb 2020
Due to reduced demand tied to the coronavirus, Maersk said it has cancelled more than 50 sailings beyond what it normally cuts during the traditional Chinese Lunar New Year lull.
19 Feb 2020
Maersk is more than doubling its warehousing and distribution assets in North America through an acquisition that serves as another signal of its commitment to transition from container line to integrator.
Hapag-Lloyd advances profitability despite difficult fourth quarter
19 Feb 2020
A weak container shipping environment in the fourth quarter was unable to prevent Hapag-Lloyd growing both revenue and average freight rates across the year.