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

30 Oct 2020
The first of the third quarter results from the carriers have come in and they show an industry that is riding a wave of strong and sustained demand from the US and Europe.
10 Nov 2017
Spot rates last week experienced what was probably their last hurrah of peak season 2017.
10 Nov 2017
East and Gulf Coast ports through October grew their import volumes at more than double the pace of West Coast ports.
10 Nov 2017
Rates on Asia-Europe were back in decline this week, and the market fundamentals make it unlikely that prices will increase much before Chinese New Year.
09 Nov 2017
Yang Ming reports a third-quarter profit on higher volume and freight rates, after 10 loss-making quarters.
09 Nov 2017
Last week’s ruling by Judge Rudolph Contreras of the US District Court for the District of Columbia is the latest development in a years-long dispute over pilotage fees.
09 Nov 2017
The deal would complement MSC’s ZAO Container Terminal in Russia’s busiest port of St. Petersburg.
08 Nov 2017
08 Nov 2017
The trans-Atlantic spot market has barely budged when compared with the yo-yo swings on other trades.
08 Nov 2017
It is the second consecutive quarter that produced a negative performance for the top carrier.
07 Nov 2017
As shipping lines and their customers head into annual Asia-Europe contract talks, carriers continue to undermine their negotiating position by not withdrawing capacity.
07 Nov 2017
The terminal operating arm of the Maersk Group said challenging market conditions and industry overcapacity put pressure on profits.
07 Nov 2017
The move by MSC and CMA CGM to order 20 new 22,000 TEU ships between them will not be followed by Maersk Line that says it has enough capacity "for now."
07 Nov 2017
The $250 million to $300 million financial impact of Maersk's cyber breach was not enough to offset strong market fundamentals in the third quarter that drove up the freight rate and kept the carrier well in profit.
06 Nov 2017
Maersk is preparing to release its third quarter results that will reflect the heavy impact of a cyber attack that brought the carrier's container handling divisions to a standstill.
06 Nov 2017
The willingness of container carriers to sell capacity to resellers who openly distribute rates to the market is fueling rate volatility.
06 Nov 2017
That state aid scheme underscores the importance the Narendra Modi government places on coastal and short-sea shipping.
06 Nov 2017
Analysts continue to highlight the lack of canceled sailings that will leave carriers facing increasingly severe overcapacity as new vessels sail into service and undermine their contract negotiating position.
03 Nov 2017
North Carolina’ port hopes new Central American route will help make up volume loss after collapse of Hanjin Shipping.
03 Nov 2017
“Our China vessel saw record eastbound volume in September and higher rates versus third quarter 2016.”
03 Nov 2017
In his new role, Fitzgerald will lead MCI’s 5,000 employees at three container manufacturing sites and a research and development center.
03 Nov 2017
Rate increases across the east-west trades in early November could only give container transport prices an incremental bump upwards.
02 Nov 2017
The added Puerto Rico capacity comes as recovery from Hurricane Maria has rekindled debate over the Jones Act.
02 Nov 2017
All of the 18 carriers studied by SeaIntel had a worse on-time record in the third quarter of 2017 than in the same period in 2016.
02 Nov 2017
The growth has been most pronounced on the busiest trades to Russia.
02 Nov 2017
Container volume declines continue at APM Terminals-operated Pipavav Port.
02 Nov 2017
The upgrade began with an Oct. 26 call.
01 Nov 2017
Big container ships make the big headlines, but vessels at the other end of the size spectrum are also making waves as the market braces for an uncertain year ahead.
01 Nov 2017
Cosco Shipping is heading for the world's number three container line position, with its rapid expansion boosted by the Chinese government.
31 Oct 2017
The improved performance came amid preparations by the three companies to merge and operate as a single company.
SM Line continues intra-Asia push with joint service
31 Oct 2017
The South Korean carrier has made steady inroads into the trans-Pacific and intra-Asia trades.
31 Oct 2017
The Charleston dredging project has proceeded quickly through a series of milestones since the corps recommended the deepening in 2010.
30 Oct 2017
China had planned to divert 15 percent of its overall container flows between it and Europe.
30 Oct 2017
The proceeds of a share sale will be used by Cosco Shipping to fund the construction of 20 new container ships, 11 of them in excess of 20,000 TEU.
30 Oct 2017
Capacity management has enabled the carriers to build profitability in 2017 after six years of losses, but a reluctance to withdraw vessels could drag down gains as service contracts begin.
29 Oct 2017
Continued slow growth in the global economy suppressed revenue at the world’s top 50 transportation service providers.