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.
20 Apr 2022
Procurement automation is already changing the nature of how shippers buy capacity from carriers and intermediaries, an evolution that will accelerate in the years ahead as humans adapt to the technology.
20 Apr 2022
New research from Freightos finds ocean carriers improved their electronic tools over the past three years and want to move rate and booking activity through their own online channels.
19 Apr 2022
Carrier OOCL said the biggest revenue gains in the first quarter of 2022 were on trade lanes that saw the largest declines in liftings.
15 Apr 2022
Ocean carriers say they have swept more of the empty containers that have plagued truckers who have had to make extra trips further away from ports to store the boxes.
14 Apr 2022
The matter of empty containers highlights the dizzying complexity of the modern supply chain, wherein gains for drayage truckers and marine terminals can be interpreted as a loss for exporters.
14 Apr 2022
Sponsored: No single entity has the answer to the congestion plaguing today’s disruption-ridden supply c
14 Apr 2022
While it’s difficult to assess an unprecedented market, the combination of US import volumes that have grown roughly 20 percent from pre-pandemic 2019 and ongoing shocks to the supply chain will continue to hinder cargo flow throughout much of 2022.
13 Apr 2022
Major retailers and multinationals may have gained greater control of their container shipping supply chains, but smaller US importers lack the scale and are still scrambling for transport capacity.
12 Apr 2022
Exactly one month before the start of contract talks between West Coast employers and the ILWU, the union is claiming that a 2008 deal between the two sides has been violated at Terminal 5 in Seattle, a foreboding sign for those hoping this year’s negotiations would go smoothly.
11 Apr 2022
The National Labor Relations Board said it will hold an election for longshore union representation for Caribbean specialist Tropical Shipping at the Port of Palm Beach.
11 Apr 2022
For Indian shippers, frustration over capacity shortages have been compounded by rising vessel skips or port call changes.
08 Apr 2022
Huge amounts of container shipping capacity are being tied up in congested ports on the key trades, blurring the line typically drawn between falling volume and weakness in demand.
07 Apr 2022
The bull run that drove carrier profits to extreme levels last year has continued into 2022, with Cosco the first to predict multi-billion-dollar first-quarter earnings.
07 Apr 2022
Falling consumer demand amid rising inflation in Brazil and the launch of a new service that has added capacity have conspired to push rates from Asia to the East Coast of South America to their lowest level in about 18 months.
07 Apr 2022
Sailing disruptions out of the East Coast of India are getting worse, forcing shippers to find alternatives, including rerouting cargo via West Coast ports.
06 Apr 2022
Truckers working the Port of New York and New Jersey say they are not always being paid enough for increasingly longer trips away from the port to deliver empty containers.
05 Apr 2022
ONE is using Google Cloud to further its ability to automate back office and customer-facing solutions, a sign that the cloud infrastructure giant sees container shipping as a key vertical to target.
05 Apr 2022
Analysts worry that a lack of long-term cargo growth in the Arabian Gulf could result in large amounts of unused capacity at the competing ports of Jebel Ali in Dubai and Khalifa in Abu Dhabi, United Arab Emirates.
05 Apr 2022
Maersk and GCT New York have settled a lawsuit over the switch of three vessel services to APM Terminals that GCT alleged was a breach of contract.
05 Apr 2022
The differential between short- and long-term rates on Asia-North Europe has narrowed dramatically in the past few days, while spot rates on the trans-Atlantic have taken off.
04 Apr 2022
The Panama Canal Authority is proposing a new tolling plan that would assess the first fees on empty containers returning from North America to Asia.
04 Apr 2022
Third-party logistics providers (3PLs) took advantage of 2021’s roaring rate environment to expand their net revenue, with rapid growth among the largest forwarders further compounded by merger and acquisition activity.
04 Apr 2022
Although OSRA22 is now almost certain to become law, it’s not clear how the law’s provisions regarding fair rates, reasonable accessorial charges, and determination of best practices will be implemented.
01 Apr 2022
Carriers and analysts warn that higher-than-expected demand and resulting shifts in vessel rotations have made the US East Coast “the next hot spot” for port congestion.
31 Mar 2022
The Senate’s passage of the Ocean Shipping Reform Act of 2022 brings the container shipping industry one step closer to new US regulations affecting container storage fees and the willingness of carriers to accept export cargoes.
31 Mar 2022
A report from McKinsey & Co. says that ocean freight rates will only return to pre-COVID-19 levels if US demand for consumer goods slows and port congestion clears.
31 Mar 2022
Chinese carrier Cosco believes the high-riding container shipping sector will need to navigate a growing series of global challenges that could influence the industry’s long-term performance.
29 Mar 2022
Demand for shipping containers — and very likely prices — are expected to climb again due to a flurry of new container ship deliveries in 2023 and 2024.
29 Mar 2022
Global liner schedule reliability saw an uptick in February thanks to less lengthy delays for ships on the eastbound trans-Pacific to the US West Coast.
28 Mar 2022
Shippers need to do a deep dive into freight rates, capacity offered, and schedule reliability if they want to properly understand ocean freight market dynamics as well as their own performance within the market, says JOC analyst Lars Jensen.
28 Mar 2022
A new loop from a consortium of carriers linking India and key ports in Asia demonstrates how carriers have been working to keep pace with resurgent export demand out of the country.
25 Mar 2022
Orient Overseas Container Line saw 2021 operating profit increase more than seven times over 2020 as high ocean freight rates offset flat volume growth.
25 Mar 2022
Ocean carriers are stepping up efforts to sweep up empty containers that are congesting ports on the US West and East coasts ahead of an expected surge of new imports.
24 Mar 2022
New complaints to the US Federal Maritime Commission over the alleged failure of carriers to move volumes committed in ocean freight contracts suggests shipper frustration with capacity availability and rates remains high.
23 Mar 2022
ONE chief Jeremey Nixon said he’d seen some improvement in port congestion on the US West Coast, but there is “still a long way to go.”