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 Sep 2022
Trans-Pacific carriers in recent months slashed capacity to the West Coast as Asian imports and freight rates plummeted this summer, but the trade will likely continue to have excess capacity in the coming months unless they blank more capacity than is currently planned.
26 Mar 2021
OOCL has continued to invest in new ships and services, placing an order last year for 12 23,000-TEU vessels for delivery during 2023-2024.
25 Mar 2021
Global on-time vessel performance improved marginally in February, but reliability in the Asia-North America trades continued to slide, hitting new record lows for the month.
25 Mar 2021
With more than 30 container ships still waiting to transit the Suez Canal on Thursday, major ports in Europe are bracing for a deluge of cargo once the grounded Ever Given is refloated.
24 Mar 2021
US resin exports are expected to see a sharp drop in the second quarter as Gulf Coast producers restart after severe February weather disrupted operations.
24 Mar 2021
With the Asia-Europe supply chain struggling to manage months of high volume, the blocking of the vital Suez Canal trade artery adds further volatility to the busy route.
23 Mar 2021
Hapag-Lloyd hopes capital markets will underwrite its transition to a low-carbon future with plans to market its first “green bond,” with the new debt used in part to purchase ships that run on alternative fuels.
23 Mar 2021
After reaching a record low in 2020, a spate of orders for container ships scheduled for delivery from early 2023 has revived the excess capacity discussion.
22 Mar 2021
Carriers have so much leverage this year that in addition to the service contract rate, some are quoting a second-tier rate, reportedly much higher than the contract rate, for commitments of cargo beyond the shipper’s minimum quantity commitment (MQC).
22 Mar 2021
Zim Integrated Shipping Services said it believes global port congestion has reached its peak, it doesn’t expect US import pressures to let up.
19 Mar 2021
The dispute at the Port of Charleston is a rare flare-up in what has been a mostly peaceful longshore labor environment on the East and Gulf coasts over many years.
19 Mar 2021
Decarbonization goals at global shippers is pushing the industry toward more granular scrutiny of supply chain-related emissions, a task that’s being helped by emergent technology and a focus on shipper collaboration.
18 Mar 2021
The consensus among shippers, forwarders, and carriers is that strong consumer demand in North America will continue through the second quarter and into the traditional peak season.
18 Mar 2021
Despite the IMO 2020’s sulfur cap, the COVID-19 collapse in oil prices last year made the case for sulfur scrubbers less urgent. But BIMCO said scrubbers now make sense.
18 Mar 2021
SCI’s stake sale is part of a renewed effort by the Indian government to mop up additional financial resources to support infrastructure development and social schemes that became even more challenging with the COVID-19 pandemic.
18 Mar 2021
After announcing its highly profitable operating results in January, Hapag-Lloyd’s annual financial report only reinforced what was an incredibly successful 2020 for the carrier.
18 Mar 2021
Vessel call and berth optimization software provider Portchain has added to its roster of carrier and port clients with the addition of the terminal operator at two container terminals in St. Petersburg.
17 Mar 2021
The addition of NileDutch to the Hapag-Lloyd network adds significant capacity in an expanding market.
17 Mar 2021
Even as containerized agriculture exports have grown every year since 2015 and global commodity prices rise, agriculture exporters won’t find it easier to secure equipment and ocean slot space until the import imbalance eases.
15 Mar 2021
MSC said it will bring on a new trans-Pacific service linking the southern Chinese port of Yantian and Vietnam with the two largest ports in the US Southeast and New York.
15 Mar 2021
There is no sign from the operational side of the container shipping industry that the bottlenecks will be resolved in the short term., meaning shippers need to plan for the current challenges to be a normal state of affairs for a while longer.
12 Mar 2021
The world’s third-largest container carrier has reported a huge turnaround from the losses of 2019, driven by higher rates and strong demand in the second half of last year.
12 Mar 2021
Multiple factors are lining up to rock the traditional stability of the trans-Atlantic, even as those on the trade prepare for strong growth in volume.
11 Mar 2021
Container line CEOs and others told the JOC's TPM21 conference that carriers have been doing their best to adjust to volumes that surged to record levels in the second half of 2020 after plummeting during early COVID-19 lockdowns.
10 Mar 2021
More members of Congress are asking federal maritime regulators to speed up their probe into the lack of export container availability for US agricultural shippers, saying monthly updates are needed.
10 Mar 2021
With green ammonia quickly emerging as one of the most promising zero-carbon fuels of the future, a group of companies involved in the maritime industry have signed up to a bunkering study in Singapore.
09 Mar 2021
Maersk’s small shipper offering Twill and logistics software provider Freightos are testing a new workflow that will for the first time redirect shippers from the Freightos rate marketplace to a service provider’s shipment management platform.
08 Mar 2021
US retailers project that continued growth in on-line shopping, as well as increasing in-store shopping, will power double-digit increases in imports through June.
08 Mar 2021
Strong and sustained demand from its major markets and elevated rate levels delivered a solid 2020 result for the parent company of Cosco Shipping and OOCL.
05 Mar 2021
Maersk believes the growth in Indian LCL trade is more pronounced among retailers for their sourcing from China and domestic automakers scrambling to secure spare parts to meet resurgent vehicle demand.
04 Mar 2021
A group of 24 senators wrote to the US Federal Maritime Commission (FMC) in support of its investigation into accusations carriers have been denying export bookings, thereby injuring the US agricultural sector
04 Mar 2021
Industry analyst Lars Jensen says container carriers have finally figured out how to prevent the volatile pricing swings of past years through capacity management and right-sizing of vessels for various trade lanes.
04 Mar 2021
The race for multimodal visibility is heating up as project44, fresh off a $100 million funding round, acquires container visibility specialist Ocean Insights for an undisclosed amount.
03 Mar 2021
The Texas legislation being questioned by two Federal Maritime Commissioners stemmed from concerns among non-container port users that the growing volume of containerships calling Houston are disrupting the ability of other vessels to transit in an efficient manner.
03 Mar 2021
The explosion of online shopping through the COVID-19 pandemic is having an effect on demand patterns that will keep pressure on the supply chain through this year and beyond.
02 Mar 2021
Maersk’s Vincent Clerc says COVID-19 tested the industry’s limits on bringing spare capacity to shippers, but there is no need to add new ships just yet.