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.
Port of Los Angeles.
24 Aug 2018
Uncertainty regarding the Trump administration's tariffs and when surging imports will slacken is keeping ocean carriers firmly in control of pricing in the eastbound trans-Pacific trade.
A Wallenius Wilhelmsen ship.
24 Aug 2018
Like much of global trade, pent-up demand and emerging market country development, among other economic fundamentals, bode well for the roll-on, roll-off sector’s growth prospects in the immediate years ahead, if the threat of tariffs subsides.
Blockchain primed to reduce shippers’ paper costs
23 Aug 2018
CargoX said the cost to produce and transfer a bill of lading using its Smart B/L was 85 percent less expensive than traditional means. But is a public blockchain such as CargoX’s suitable for the shipping industry?
Port of Los Angeles.
23 Aug 2018
Higher-than-usual fuel prices and tit-for-tat tariffs have exacerbated the chaos on the eastbound trans-Pacific this peak season, but the problem started earlier this year, and there is one causal factor as the source of the problem.
Maersk Line.
22 Aug 2018
If other carriers also offer one-off extra loaders in the coming month, the tight situation in the largest US trade lane could be relieved somewhat.
A CMA CGM container ship.
22 Aug 2018
Sailing withdrawal announcements on trades between Asia, North Europe, and the Mediterranean are beginning to flow in for the slow season, as ocean carriers implement actions to rebound from first-half losses. Left unresolved, however, is whether carriers will cut capacity like they did on the trans-Pacific during the US ocean peak season.
A ZIM container ship.
22 Aug 2018
Zim Integrated Shipping Services’ report is another stark data point concerning container shipping’s more-subdued outlook at mid-2018. Volume and revenue are rising, but there is concern about the firmness of rates, as well an inability to pass along/recover rising costs.
Odessa port, Ukraine.
21 Aug 2018
Asia-to-Southern Europe shippers now have quicker cargo transport options than the traditional Shanghai-to-St. Petersburg route, in Russia’s Novorossiysk port and Ukraine’s Chornomorsk and Odessa ports. In addition, as the latter ports expand and deploy economies of scale, their rates may drop below the traditional route as well.
Antwerp port.
21 Aug 2018
Along with trade tensions and the non-finalized new trade rules between the United States and the European Union, trade stakeholders are concerned about the condition of Turkey’s economy, a further deterioration of which would substantially hurt regional trade.
Maersk Eureka.
20 Aug 2018
Both freight intermediaries and ocean carriers are under pressure to avoid sitting on obsolete rate data, pressure that’s been placed on them by the rise of transparent freight pricing models.
Port of Male, Maldives.
20 Aug 2018
Maersk officials now believe that, with the majority of imports into Maldives coming from China and India — two of Maersk’s already established key markets — resumed operations there can better serve customers in the region.
Port of Los Angeles.
17 Aug 2018
Ocean carriers are enjoying rare pricing power, which is being propelled by three factors. But the impact of their decisions on customer relationships with beneficial cargo owners and truckers remains to be seen.
Rotterdam port.
17 Aug 2018
The Hamburg Vessel Coordination Center, which coordinates vessel traffic visiting terminals at the port of Hamburg, is launching collaborative projects to help determine if it is meaningful to continue bilateral information exchanges or to replace it with a central data hub to support improved terminal asset utilization and liner route and network planning.
Containers at a port.
17 Aug 2018
Maersk’s container terminals posted higher traffic and revenue in the second quarter, thanks to new business from German carrier Hamburg Süd, which was acquired by Maersk Line, its major customer.
Maersk Line.
17 Aug 2018
“We are not pleased with our level of earnings,” Skou said in a conference call, but also noted that the ocean and logistics units are posting strong growth. “We have to do better in the second half than the first half to reach our [full year] guidance.”
Port of Los Angeles.
16 Aug 2018
The concept of a single electronic platform for port users is gaining momentum with truckers, beneficial cargo owners (BCOs), and other port users, with GE Transportation’s Port Optimizer at the Port of Los Angeles and the Port of Long Beach achieving breakthroughs as a pacesetter.
A DFDS ship.
16 Aug 2018
DFDS underscored its confidence, moving forward by placing an order today for a sixth ro-ro vessel that is designed to carry about 450 trucking trailers just two months after the order for a fifth sister ship at China’s Jingling shipyard.
Maersk Line.
16 Aug 2018
The world’s largest ocean carrier has reopened shipping connectivity to the Maldives with a direct, weekly feeder link between Colombo, Sri Lanka, and Male, which it believes will prove to be a boon for trade to/from South Asia.
The Port of Oakland.
15 Aug 2018
Looks can be deceptive. Terminal operators, a very visible component of container shipping, are often the first to be criticized by BCOs and truckers when there are delays in delivering cargo. However, they have no control over the various transport modes that bring cargo to them.
HMM/
14 Aug 2018
Hyundai Merchant Marine, which recently announced its withdrawal from the Trans-Atlantic trade, said it expects higher freight rates and load factors through the third-quarter peak season but cautioned cargo volume is likely to fluctuate due to “changes in [the] international situation.”
13 Aug 2018
Sponsored: Craig Mygatt, Sealand CEO, speaks to Mexico-US trade as well as the impact of polyethylene pl
A container ship at sea.
13 Aug 2018
A LinkedIn discussion served as a microcosm for how shippers and the broader logistics industry are wrestling with a few key questions regarding blockchain. Are blockchain’s proponents inordinately and/or prematurely boosting the new technology — including its appropriateness and efficiency-enhancing capabilities?
Wallenius Wilhelmsen.
13 Aug 2018
Under the International Maritime Organization's rule, starting in 2020, ships will only be allowed to emit 0.5 percent sulfur, down from the currently acceptable level of 3.5 percent.
Port of Los Angeles.
10 Aug 2018
Space is so tight today in the eastbound Pacific that some beneficial cargo owners are paying higher than spot rates to get their shipments on vessels leaving Asia. However, there is a qualifier to that trend shippers should know about.
Container ships at the Port of Oakland.
10 Aug 2018
Unless ocean carriers radically change the paradigm on how they go to market, the Jan. 1, 2020 sulfur cap on bunker fuel will represent another cost that carriers fail to pass on to customers. How many other industries operate this way?
A Yang Ming ship.
10 Aug 2018
“While we are seeing others in the container ship industry face similar struggles, Yang Ming anticipates a healthier second half, driven by an improving supply and demand ratio,” the ocean carrier said.
Hapag-Lloyd.
10 Aug 2018
“For the remainder of the year, we see a slow but steadily improving market environment, but we recognize that there are still significant geopolitical uncertainties that could influence the market,” said Rolf Habben Jansen, CEO of the world’s fifth-largest ocean carrier.
Port of Los Angeles.
09 Aug 2018
The uptrend in US imports, in line with the US/global expansions, continued in June, but shippers remain cautious, and there are objective, geopolitical reasons why they are not celebrating.
Maersk IBM blockchain project TradeLens.
09 Aug 2018
Maersk and IBM have fleshed out their designs for an industrywide blockchain solution – an open-source platform called TradeLens. There are a host of other blockchain initiatives in development, but as one stakeholder noted, they joined the Maresk-IBM venture based on Maersk’s history of innovation and IBM’s technological prowess, which gives the platform a “high probability of success.”
Maersk Line.
07 Aug 2018
Maersk said it continues to encounter very high bunker prices, which have not been fully compensated for in freight rates.
A freight train in Mexico.
06 Aug 2018
Like other emerging markets, it is a “bad news, good news,” circumstance for Mexico. The bad: surface transportation and logistics operations are straining to meet shipper demands. The good: Mexico appears to have arrived on the global trade stage, with all key metrics advancing.
A barge travels on the Rhine River.
06 Aug 2018
The water level of the Upper Rhine is getting close to a critical point and barge operators are being forced to suspend their operations or only use one-third of their capacity, according to Hapag-Lloyd.
An OOCL ship.
06 Aug 2018
OOCL is sounding alarms about the impact of a trade war on international shipping volumes after a strong first half.
Port of Los Angeles.
03 Aug 2018
Strong US import volume is at the heart of the rise, and there are other signs of strength, but what’s the evaluation of the early move by industry professionals?
Port of Santos.
03 Aug 2018
An invaded ship is the latest job action by dockworkers at the port of Santos. They say they extend their existing three-day job action that ends Saturday if Brazil’s government does not agree to their pay/pension demands.