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

30 Oct 2020
The first of the third quarter results from the carriers have come in and they show an industry that is riding a wave of strong and sustained demand from the US and Europe.
16 Sep 2016
A group of non-vessel-operating common carriers has asked a federal bankruptcy judge to assert that they are covered by a protective order granted last week.
Vegetables, meat and poultry, fish and seafood, bananas, and deciduous fruit are the goods most often shipped in refrigerated containers.
16 Sep 2016
Refrigerated containers will remain one of the few relatively bright spots for struggling ocean carriers.
16 Sep 2016
Hapag-Lloyd is considering offering premium services to shippers such as first-box-off or voyage-specific space guarantees.
16 Sep 2016
Spot freight rates in the eastbound Pacific may have found their comfort zone.
16 Sep 2016
The International Longshoremen’s Association is refusing to load Hanjin Shipping containers aboard ships or allow Hanjin boxes to leave US East and Gulf Coast terminals.
16 Sep 2016
The humanitarian aspect to the Hanjin Shipping collapse was highlighted by an Australian judge who ordered the carrier to address the payment of the crew of the Hanjin California.
Feeder vessels take cargo delivered to transshipment hubs and gateway ports by mega-ships, such as the CMA CGM Benjamin Franklin, pictured, to smaller ports unable to handle such behemoths.
16 Sep 2016
CMA CGM is outsourcing some of its global feeder operations in a move rival carriers likely will follow.
16 Sep 2016
Asia-Med rates are up for second week running, but don't expect it to last as slack season looms.
McAllister tugs in New York
15 Sep 2016
A federal bankruptcy judge on Thursday denied a motion by several fuel and towing companies to lift the prohibition on them seizing ships operated by Hanjin Shipping.
15 Sep 2016
Shippers await the berthing of vessels in LA-LB, Savannah, and New York-New Jersey — even though a South Korean court on Friday approved the release of $10 million to work Hanjin ships in the United States.
15 Sep 2016
Billed as the “Mid-American Arc,” the GPA’s rail-focused initiative will allow the port to better serve markets from Atlanta to Memphis, St. Louis, Chicago, and the Ohio Valley.
15 Sep 2016
Shippers may have woken up Aug. 31 wondering where their Hanjin Shipping cargo was, but there were plenty of foreboding signs leading up to the seventh-largest container line being placed into receivership.
Hongkong International Terminals, pictured, said the fees were needed to pay for an adequate response to the unprecedented crisis spawned by Hanjin's failure.
15 Sep 2016
Hongkong International Terminals has tried to shine a positive light on its role in the chaotic aftermath of Hanjin Shipping’s collapse following harsh shipper criticism.
15 Sep 2016
Diana Containerships is the latest charter ship owner to restructure its loans.
15 Sep 2016
The Busan Port Authority will offer discounts to CKYE Alliance members in a bid to keep Busan’s cranes busy.
15 Sep 2016
The outlook for overall container trade growth, and particularly transshipment, is bleak.
Container lines agreed to get rid of a good deal of extra charges levies on top of base freight rates in India, but would not agree to stop charging for inland haulage and terminal handling.
15 Sep 2016
India’s maritime regulator is targeting ocean carrier surcharge.
14 Sep 2016
Hanjin Shipping’s yet-to-be-court-appointed bankruptcy trustee could target non-vessel-operating common carriers and shippers.
Of the container lines that did not belong to the CKYHE Alliance, United Arab Shipping Company had the most confirmed exposure to Hanjin Shipping's bankruptcy
14 Sep 2016
Shippers using CKYHE Alliance partners of Hanjin Shipping had the most exposure to the liner’s collapse, but others also were hurt.
It wasn't hard for shippers to find trans-Pacific capacity after Hanjin Shipping went bankrupt, and it's about to get easier still.
14 Sep 2016
Hanjin Shipping’s collapse has set off a rush by other container lines to add services and “extra loader” voyages.
14 Sep 2016
The container shipping industry hit bottom in 2016 and is poised to experience three to four years of relative stability before going through another round of consolidation.
14 Sep 2016
Hanjin Shipping has said it regrets the bottlenecks and complications that have arisen from its bankruptcy and promised to resolve these issues as soon as possible.
14 Sep 2016
The proposed block exemption for liner shipping in Hong Kong is off for public consultation.
14 Sep 2016
Shipping restructuring specialists believe that Hanjin Shipping will ultimately be liquidated, not rehabilitated.
13 Sep 2016
Container shipping overcapacity that pushed Hanjin Shipping into bankruptcy protection will likely claim another container line before the market rebounds.
13 Sep 2016
The port says the new service could boost traffic by 30,000 TEUs per year.
13 Sep 2016
The South Korean port of Gwangyang is doing all it can to ensure that cargo handling continues as smoothly as possible in the chaos that Hanjin Shipping’s fall into bankruptcy spawned.
13 Sep 2016
Container traffic at the port of Salalah, operated by APM Terminals, surged in the first half of the year.
13 Sep 2016
The container shipping industry is approaching an improved business environment as a range of factors that support a better supply and demand equilibrium start to take hold, said CEO of Hapag-Lloyd.
The Hugh K. Leatherman terminal at the Port of Charleston, pictured under construction, will increase the port's overall capacity by 50 percent upon completion.
13 Sep 2016
The Port of Charleston and the state of South Carolina over the next decade will spend a combined $2.2 billion to handle New Panamax ships.
13 Sep 2016
Rumors that an investment fund will take over Japan's No. 3 carrier abound.
13 Sep 2016
Hanjin ship stuck off Melbourne over fears its owner will seize the vessel.
The Hanjin Boston, encircled in green rings, is waiting to berth at the Port of Los Angeles. The blue dot next to Terminal Island is the Hanjin Greece and the other blue dot is the Hanjin Montevideo, which has been arrested at the behest of creditors. Credit: AISLive.
12 Sep 2016
The second of four Hanjin Shipping vessels stuck off the US West Coast has been given permission to berth at the Port of Los Angeles.
12 Sep 2016
Hanjin Shipping’s dire financial state under bankruptcy protection has raised questions on whether the South Korean line or its creditors may try to force shippers to pay for not delivering the number of containers that were contracted.
While Maersk Line says it has improved its overall invoice accuracy in recent years, some estimate 30 percent of all shipping invoices have an error.
12 Sep 2016
One veteran auditor estimated that shipping invoice errors cost the typical shipper $50,000 to $150,000 a year.