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 Jan 2021
The never ending peak season demand on major trades out of Asia has placed unseasonal demands on carriers and container terminals in the region, with increasing numbers of containers being rolled at the regional hubs.
15 Dec 2020
BlueX Trade and Catapult are partnering to pipe instant rates from BlueX’s container line customers to Catapult’s forwarder customers, a further sign that instant quoting is gaining traction as an alternative to traditional spot quoting.
14 Dec 2020
US imports from Asia in November were unusually strong, down only slightly from the peak months of October and August.
14 Dec 2020
An executive at a Hong Kong-based freight forwarder expected blank sailing schedules to be finalized in early January, although he said the number of blank sailings would depend on the return of empty boxes to China.
14 Dec 2020
An unsatisfactory conclusion emerges for supply chain stakeholders under severe strain: There is no quick short-term solution, it is highly unlikely we can avoid a repeat, and there is no one party to blame for the predicament apart from the pandemic itself.
14 Dec 2020
CMA CGM’s new mega-ships and additional container equipment are arriving at a time when they are urgently needed by shippers battling to find capacity out of Asia.
11 Dec 2020
The decision by Singamas shareholders offers hope that a bigger debt rehabilitation plan put forward by PIL will be accepted by the carrier’s other creditors and approved by Singapore’s high court at meetings early next year.
11 Dec 2020
Asia-Europe rates are now three times higher than last December and coincide with the start of what are sure to be tense contract negotiations between carriers and shippers.
11 Dec 2020
The real possibility that Asia imports will stay elevated through at least the first quarter, coupled with labor and trucking shortages, are creating a so-called perfect winter storm for more port congestion.
10 Dec 2020
GTA Forecasting has upgraded its long-term outlook for global container volume, but has downgraded its 2021 forecast for US-Asia trade.
10 Dec 2020
Non-vessel-operating common carriers have told JOC.com imports will likely remain strong beyond April and possibly through peak season 2021.
09 Dec 2020
Agriculture exporters’ complaints also strike deeper chords of US maritime policy that years ago walked away from subsidizing a US flag fleet intended to provide viable transportation for US exports.
09 Dec 2020
Record rates, poor service, and a worsening equipment imbalance is leading to an increasingly toxic container shipping environment.
08 Dec 2020
Federal Maritime Commission Chairman Michael Khouri’s comments come after the agency on Nov. 20 announced it would launch a formal investigation into carriers’ role into congestion at the ports of Los Angeles, Long Beach, and New York and New Jersey.
08 Dec 2020
Hapag-Lloyd reporting stronger-than-expected volumes in the fourth quarter comes after global volumes rose 4.6 percent year over year in October, according to Container Trade Statistics.
08 Dec 2020
The Digital Container Shipping Association’s latest effort is targeting a long sought-after goal in maritime and logistics — a paperless bill of lading — by making it standardized and interoperable.
07 Dec 2020
That DHL Global Forwarding is considering chartering ships for container customers shows the extent to which the extended peak season has soaked up container capacity out of Asia into Europe and North America.
07 Dec 2020
Bangladeshi shippers are struggling with higher freight rates on imports from China, but garment and raw material users have to bear the expense because of deadlines to ship finished goods to buyers.
04 Dec 2020
Carriers say a new law proposed by India’s Ministry of Shipping that pushes for greater transparency on ocean pricing amounts to “government interference.”
04 Dec 2020
The growing equipment imbalance and strong demand from European importers has led to drastic action from CMA CGM.
04 Dec 2020
Ports in the UK are being overwhelmed by high import demand that is not expected to slow until early 2021.
03 Dec 2020
The ONE Apus incident would mark the largest loss of containers at sea since the June 2013 sinking of the MOL Comfort off Yemen.
02 Dec 2020
Carriers are preparing to heap more charges on customers, despite their struggle to provide reliable service as sustained demand and chronic equipment shortages disrupt the supply chain.
02 Dec 2020
Escalating box rates and tight capacity in the container carrier market are pushing service providers to bring in ships from the multi-purpose sector.
02 Dec 2020
After a 12-month “cooling off” period since leaving his COO position at Maersk in November 2019, Soren Toft this week becomes the first non-Aponte family member to take on the CEO role at Mediterranean Shipping Co.
01 Dec 2020
If ship ordering restraint were to be extended pending clarity on zero-carbon ships, the capacity shortage that manifested itself in 2020, and resulting upward pressure on rates, could continue beyond 2021.
30 Nov 2020
The further deterioration in ocean reliability can be seen in vessel bunching this week at the Los Angeles-Long Beach port complex, where 20 container ships were waiting at anchor as of Monday.
30 Nov 2020
The impact of the COVID-19 pandemic on demand in the United States and the Caribbean and Central America caused two-way trade between the regions to contract in the first nine months of 2020.
30 Nov 2020
A series of developments over the past roughly five years has put shippers in the most disadvantageous position in regard to pricing power that they have perhaps ever faced.
30 Nov 2020
As the demand boom is spreading to multiple trade lanes, it means shippers are now fighting over access to the same limited resources.
27 Nov 2020
Shippers can expect sharp increases in annual contract prices as Asia-Europe spot rates spike ahead of a range of carrier increases and peak season surcharges
27 Nov 2020
Automation, self-invoicing bolster traditional third-party payment audit model
27 Nov 2020
An intra-Asian trade pact, likely to be ratified next year, will cut or eliminate tariffs, harmonize rules of origin regulations, and deepen regional supply chains.
25 Nov 2020
CMA CGM on Dec. 4 will launch Seapriority Express from Yantian to Los Angeles with guaranteed equipment availability and priority loading in China, and chassis availability in Southern California.
25 Nov 2020
US federal maritime regulator’s decision to increase scrutiny of container lines is part of a larger global effort to monitor how carriers are behaving.
25 Nov 2020
Shippers shouldn’t expect carriers to easily agree to increasing their minimum quantity commitments (MQC) within trans-Pacific service contracts, said Philip Damas, head of Drewry Supply Chain Advisors