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

25 Sep 2020
Having exhausted the space allotments in their annual contracts, retailers and other importers are signing short-term contracts to secure capacity at Asian load ports. This is pushing short-term contract rates higher.
CMA CGM believes a new plan to gain from synergies with APL will help it cut costs by $1 billion.
02 Sep 2016
CMA CGM swung to a second-quarter net loss due to “persistently” low freight rates.
02 Sep 2016
Danaos has revealed how much of its revenue was related to Korea’s ailing Hanjin Shipping.
02 Sep 2016
The US Army Corps of Engineers and the Port Authority of New York and New Jersey have completed work for a depth of 50 feet.
02 Sep 2016
The focus of the Hanjin Shipping fallout has shifted into the legal arena.
Spot rates on the major east-west trades were expected to surge after the bankruptcy of Hanjin Shipping.
02 Sep 2016
As widely expected, the Asia-Europe spot rate rose sharply this week with Hanjin's 100-ship fleet basically removed from the market overnight.
02 Sep 2016
HMM has stepped in to plug the hole left by Hanjin vessels that are being refused entry to ports, delaying cargo delivery.
US terminal operators have floated a number of possible ways to overcome the challenges caused by Hanjin Shipping's bankruptcy.
01 Sep 2016
The stark reality that Hanjin can’t be counted on to pay any of the expenses normally billed to a carrier has led to a variety of approaches and ideas at US container terminals.
Trans-Pacific spot rates will rise in the immediate aftermath of Hanjin Shipping's bankruptcy, but how the rate will trend in the longer-term is murkier.
01 Sep 2016
Trans-Pacific inbound container rates are soaring in the aftermath of this week’s collapse of Hanjin Shipping.
The US Federal Maritime Commission is asking shippers to help it keep predatory behavior that could stem from the collapse of Hanjin Shipping in check.
01 Sep 2016
US maritime regulators are urging shippers to report any unreasonable increases in cost or decreases in service tied to the bankruptcy of Hanjin Shipping.
Container manufacturers might actually benefit from the bankruptcy of Hanjin Shipping because shippers are trying to ensure they have adequate container capacity now that the fate of Hanjin boxes is in limbo.
01 Sep 2016
The Hanjin Shipping bankruptcy isn’t just delaying containerized freight shipments, it’s stranding empty containers.
01 Sep 2016
North American railroads are sending mixed messages to shippers coping with the fallout of the recent Hanjin Shipping line collapse.
01 Sep 2016
Hanjin Shipping’s collapse has left US motor carriers and intermodal equipment providers scrambling to limit their financial exposure and wondering what to do.
Hyundai Merchant Marine will cooperate with a government emergency response team formed to cope with the fallout of Hanjin Shipping's bankruptcy.
01 Sep 2016
Hyundai Merchant Marine plans to help shield South Korean shippers and its logistics sectors from the repercussions of Hanjin Shipping entering receivership.
01 Sep 2016
CMA CGM has drawn up a contingency plan to protect customers from any fallout from the collapse of Hanjin Shipping.
01 Sep 2016
Shippers woke Thursday to a nightmare scenario.
01 Sep 2016
A merger between Hanjin and HMM now seems to have the backing of the state.
31 Aug 2016
Some North American marine terminals have refused to work Hanjin Shipping vessels for fear they will not be compensated.
31 Aug 2016
Japanese shipping group "K" Line has set up a joint venture with India’s J.M. Baxi Group.
31 Aug 2016
Sharp spot rate increases could take effect as soon as Thursday.
The idle container ship fleet continues to rise despite efforts to cut it down through scrapping.
31 Aug 2016
The idle container ship fleet remains above 1 million 20-foot-equivalent units and is still rising.
Being in the red for four of the last five years has caught up to Hanjin Shipping.
31 Aug 2016
Debt-stricken Hanjin Shipping will file for court protection after losing the support of its banks unhappy with its restructuring efforts.
30 Aug 2016
Few things spook shippers more than the potential for a ship to be arrested in port, something Hanjin has reportedly faced and may see more of as creditors come collecting.
30 Aug 2016
A merger of Hanjin and HMM is in the national interest, believes the Korea Shipowners Association.
As vessel alliances change, SPRC of Colombia, pictured, and ports around the world will face new challenges.
30 Aug 2016
The days of multiuser container terminals could be coming to an end, according to the head of a Colombian container terminal.
30 Aug 2016
Mediterranean Shipping Co. has introduced a new container service between India and Africa to “improve transit times and enhance delivery to those destinations.”
30 Aug 2016
Samskip, the Icelandic shipping and logistics group, has bought Norway’s Euro Container Line.
30 Aug 2016
The Korea Exchange has asked the country’s largest carrier for clarification on media reports that it has lost the support of South Korean banks.
29 Aug 2016
An 11-year high tide combined with beach erosion to shut down South America’s busiest port and cast doubt on plans to dredge deeper so the port can handle larger ships.
29 Aug 2016
It took years longer than expected, but CMA CGM is on its way to transforming the container transshipment terminal in Kingston, Jamaica, into a regional powerhouse.
29 Aug 2016
Maersk Line launched a new feeder service to the western Chinese port city of Yibin.
Eimskip is working to expand its global presence and pad its bottom line through acquisitions and space-sharing agreements.
29 Aug 2016
Eimskip is on the acquisition trail again.
29 Aug 2016
Volatile Asia-Europe freight rates don't help anyone in the market, shippers say.
29 Aug 2016
There is a glimmer of light at the end of the Hanjin tunnel as its main charterer agrees to a deal and foreign banks delay debt repayments.
27 Aug 2016
Automotive interests press for efficient planning by supply chain partners to help ports keep up with volume.
Container lines focused on calling at Caribbean ports such as St. Thomas in the U.S. Virgin Islands, pictured, have found themselves facing stronger competition from global majors.
26 Aug 2016
Caribbean container ship operators have tried to rationalize vessel capacity, but their efforts have failed to curb the decline in rates.