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

09 Aug 2022
The Asia–Europe trade could face “significant overcapacity” when port congestion and related bottlenecks are resolved due to the slump in demand growth that has been ongoing for more than a year, according to analyst Sea-Intelligence.
02 Feb 2022
The impact of investigations by the Federal Maritime Commission into container shipping — driven by new leadership and pressure from the White House — pales in comparison to fast-moving reform legislation making its way through Congress.
02 Feb 2022
There are no signs the severely congested ports in Asia and the US ports will ease anytime soon, leading a Chinese shipper and European forwarders to step into a space once reserved for carriers.
02 Feb 2022
The ocean shipping sector should prepare now for the market bumps that are entirely predictable – and understand there will be some disruptions that are not so easily forecast, writes JOC analyst Lars Jensen.
01 Feb 2022
Hapag-Lloyd has joined other major carriers in shrugging off flat volumes to ride high rates across congested ocean trade lanes to a record annual operating profit.
31 Jan 2022
Singapore-based ONE reported a healthy half-year net profit and joined other carriers in predicting a significantly elevated full-year result.
28 Jan 2022
Several network changes unveiled by carriers include the 2M Alliance and Zim ending a slot swap agreement on two Asia-Mediterranean services and two Asia services into Vancouver and Seattle on April 1.
27 Jan 2022
US East Coast ports will see an uptick in deployed vessel capacity to start 2022 thanks to additional all-water Asia services being added by ocean carriers.
27 Jan 2022
Container lines have begun to lay out a new wave of hefty peak season surcharges on India-US trades as export demand remains elevated.
26 Jan 2022
Port congestion across the world’s key trade lanes is tying up capacity and destroying the schedule reliability of vessels, with global on-time performance hitting a record low last month.
25 Jan 2022
Chinese exporters to Europe that aren’t shipping time-sensitive goods are ignoring the pre–Lunar New Year rush, as they expect container spot rates to continue easing, forwarders tell JOC.com.
25 Jan 2022
The ports of Los Angeles and Long Beach are considering an innovative but complex plan to reduce the number of empty containers that are contributing to terminal congestion by incentivizing shipping lines to increase the volume of containers they pick up during each call.
25 Jan 2022
Carriers have yet to report their full-year 2021 financial results, but congested supply chains and highly elevated rate levels will keep the profitability spigot wide open through 2022.
24 Jan 2022
Hong Kong-based container carrier OOCL saw significant increases in freight rates and per container revenues thanks to supply chain disruption across key origin and destination markets.
24 Jan 2022
Inflation, higher interest rates, and a gradual shift back to a more “normal” balance in consumer spending between goods and services will reduce import volumes in the second half of 2022, in turn relieving pressure on ports and inland supply chains.
24 Jan 2022
Container shipping’s global group has objected to proposed amendments in Europe’s emissions trading system that it believes undermine the polluter-pays principle.
21 Jan 2022
Container line members of the Digital Container Shipping Association (DCSA) are not adopting the very standards they have set out to develop, speakers said during a JOC webcast last week.
21 Jan 2022
With Suez Canal transit tolls rising next month, Indian shippers — already dealing with elevated freight rates — are now seeing new canal-related surcharges on services to North Africa.
20 Jan 2022
Matson’s fourth-quarter results surge amid growing demand for expedited ocean freight services from China to the US West Coast.
20 Jan 2022
A new key performance indicator measuring the congested ports of Europe, Asia, and the US in terms of TEU waiting days shows most of the bottlenecks are occurring at North American terminals.
19 Jan 2022
Despite an expected return to single-digit monthly increases in imports from Asia this year, already-stressed US ports are still likely to struggle to handle cargo volumes.
18 Jan 2022
Price is taking a back seat to reliability and predictability in this year’s service contract negotiations as shippers push carriers for larger space commitments while carriers are favoring customers with a proven ability to deliver committed volumes on a consistent basis.
18 Jan 2022
While carriers are permitted to collaborate on freight rates under South Korea’s maritime shipping act, it must be done in discussion with shippers and details reported to the Oceans and Fisheries Ministry within 30 days.
18 Jan 2022
There will be an enormous gap in the price between zero-emission fuel and conventional marine fuel over the next 20 years – something that needs to be addressed, according to a report from the Getting to Zero Coalition.
14 Jan 2022
There is no single solution to the problems underlying the international supply chain meltdown, but the steamship lines, port terminals, railroads, and cargo owners can take action now to fend off a repeat occurrence of 2021’s disruption.
14 Jan 2022
Don Becker’s public-facing approach served him well once he took over The Journal of Commerce in 1984, quickly establishing relationships with key shipping business leaders.
14 Jan 2022
Plagued by vessel bunching, terminal congestion, and equipment shortages for much of last year, North America’s West Coast ports are cautioned that these conditions are likely to persist well into 2022 even if imports slow from the double-digit gains in 2021.
14 Jan 2022
Soaring rate levels swept aside a decline in Maersk’s Q4 volumes and set the carrier on course to report an even more profitable 2021 than expected.
13 Jan 2022
Members of the Ocean Alliance outline plans to add new Asia services to the US West and East coasts as part of a series of 2022 network changes.
13 Jan 2022
Frustration over sailing disruptions continues in the new year for Indian exporters, with MSC skipping calls at Mundra and Jawaharlal Nehru Port Trust on its INDUSA service this week.
13 Jan 2022
Houston is seeing a surge in imports thanks to the upsizing of vessel services from Asia as other Gulf Coast ports look for a similar uplift.
12 Jan 2022
Maersk is going beyond its previous efforts to cut emissions, accelerating its decarbonization timeline and extending net-zero targets across its land, sea, and air business.
12 Jan 2022
Several Southeast ports will expand container capacity in 2022, but the question for most is when will Savannah clear all the anchored vessels outside its harbor?
10 Jan 2022
With no sign of relief in the high rate-low value container shipping environment, shippers on the major trades will be hoping the newfound prosperity being enjoyed by carriers results in a vast improvement in service levels.
07 Jan 2022
Global 3PLs are facing competition from digitally oriented forwarders and vertically integrated container lines and terminal operators.
07 Jan 2022
Retailers are pulling back somewhat on their growth projection for imports because global supply chain problems will continue to restrict cargo volumes moving through US ports.