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

02 Dec 2022
Ocean Alliance members are shifting post-Panamax ships away from the trans-Pacific and Asia–Europe trades to the trans-Atlantic amid buoyant demand and rates.
29 Apr 2021
China’s Cosco Shipping Holdings has joined Maersk in posting a highly profitable first quarter result, and has predicted the positive earnings momentum will continue.
28 Apr 2021
The new Mediterranean Shipping Co. service from China to the Northwest Seaport Alliance of Seattle and Tacoma could be followed by others as carriers seek alternative gateways to Los Angeles-Long Beach.
28 Apr 2021
Greater interest from shippers in extending the duration of ocean contracts to mitigate volatile rates is becoming a trend on the major trades.
28 Apr 2021
Demand for guaranteed vessel space is expected to further drive shippers toward less-than-containerload services that saw double-digit percentage volume growth in the first quarter.
28 Apr 2021
Mediterranean Shipping Co. piloted an electronic bill of lading with 100 customers, leading to its rollout of a digital BL product designed to increase accuracy and security of the crucial shipping document.
27 Apr 2021
Vessel on-time performance improved slightly to the US West Coast in March and slipped a bit to the East Coast as vessel bunching continues to cause delays in ports on both coasts.
26 Apr 2021
Maersk upgraded revenue and profit expectations for the first quarter and full-year 2021 as it sees a better-than-expected demand for trans-Pacific shipping.
26 Apr 2021
After nearly a decade of systemic overcapacity that resulted in widespread consolidation and a moratorium on new vessel orders, container carriers are again ramping up vessel orders, but that doesn’t mean they’ll give up strong financial position in which they find themselves now.
26 Apr 2021
CMA CGM is supporting an experimental vessel that will sail around the world as part of a research project into viability of using seawater to produce hydrogen on board.
23 Apr 2021
Significant improvement in average revenue earned per TEU underpinned OOCL’s strong first quarter operational result.
22 Apr 2021
Rates on Asia-Europe and the trans-Pacific have been relatively stable, albeit at extremely high levels, for the past few months, which could have implications for shippers signing long-term contracts.
22 Apr 2021
Ongoing congestion and delays on the US West Coast have led Hapag-Lloyd to temporarily halt bookings for all cargoes due there from Latin America as carriers announced general rate increases on the trade.
21 Apr 2021
Midsize shippers say securing sufficient vessel space for their increased imports is more important than the higher freight rates in this year’s eastbound trans-Pacific service contract negotiations.
21 Apr 2021
The world’s largest maritime trade groups are making their first call to support a global carbon fee that aims to reduce shipping emissions.
19 Apr 2021
The difficulties in sourcing container equipment in Asia are intensifying, with unrelenting US import demand and choked logistics chains continuing to slow the turnaround of boxes.
15 Apr 2021
Maritime executives tell Congress the US needs to take a greater role in developing low-carbon shipping fuels.
15 Apr 2021
Shippers — big and small — need to re-assess their supply chain strategies for the post-pandemic new normal and find the best balance between transactional costs, and supply chain speed, flexibility, and resilience.
14 Apr 2021
Carriers and shippers have struggled with a shortage of boxes since the middle of last year as port congestion and vessels delays soak up container capacity and delay the return of empty boxes to key export markets.
14 Apr 2021
New ship orders have soared in the past few months, but there are rumblings of unease over the supply-demand balance once the vessels enter service in a couple of years.
13 Apr 2021
The carrier rate increases of April 1 may not have been fully realized, but the sharp increase has been driven by strong US import demand and disrupted schedules.
09 Apr 2021
Maersk is furthering its ambitions to get closer to its shipper customers with a new fourth-party logistics aimed at large cargo owners that struggle to tie together data around demand, inventory, and cargo flow.
09 Apr 2021
Suez delays and congestion in ports across Europe are slowing the return of equipment to Asia where it is needed for exports, leading carriers to advise shippers to expect container shortages in the coming weeks.
09 Apr 2021
Although trade between the US and Latin America has been spared the severe disruptions seen on the US West Coast, sources say PortMiami has seen vessel unloading times spike because of ships arriving one to two days late.
08 Apr 2021
The impact of the Suez Canal closure on Asia-Europe container supply chains is becoming clearer, with Hapag-Lloyd's CEO providing a grim short-term outlook.
08 Apr 2021
Zim’s launching of another expedited trans-Pacific service reflects the container line’s ability to quickly capitalize on rising e-commerce demand in the United States.
07 Apr 2021
Retailers predict US imports will continue to be at record or near-record levels at least through August as consumers have plenty of cash to spend on merchandise.
07 Apr 2021
Maersk is feeling pressure from customers and investors to decarbonize its operations, but the carrier says that pressure will bring the transparency needed to help accelerate its drive for carbon neutrality.
07 Apr 2021
The strong demand and high freight rates on trades out of Asia that led Cosco Shipping to a $1.50 billion net profit in 2020 have continued into 2021, with the state-owned carrier predicting a $2.35 billion profit in the first quarter alone.
07 Apr 2021
Five of the largest global container lines are adopting the Digital Container Shipping Association’s track-and-trace standards, a sign that carriers are starting to recognize that shippers’ need for standardization outweighs their desire to keep systems proprietary.
06 Apr 2021
Shippers holding out for a decline in the spot market have instead seen short-term rates maintaining their highly elevated levels through the first quarter, pushing cargo owners into contracts and driving up long-term rates.
05 Apr 2021
US East Coast ports will see more vessel calls and volume through April 20 due to the expected arrival of Suez-delayed container ships.
01 Apr 2021
Container shipping lines are juggling port rotations to mitigate the coming post-Suez disruption at terminals serving Asia-Europe carriers as a wave of ships heads for ports at both ends of the trade.
01 Apr 2021
Shippers are facing unavoidable supply chain disruption and equipment shortages in the coming weeks in Europe and Asia as carriers revise port rotations in a struggle to recover lost schedules.
31 Mar 2021
The tight market for shipping capacity is causing a roughly one-month delay to THE Alliance’s planned US and European service changes.
31 Mar 2021
Among the misconceptions raised by the Suez incident is that it has shown the fragility of the global ocean transportation network; nothing could be further from the truth, says JOC analyst Lars Jensen.