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 Oct 2020
US exporters are crying foul as at least one trans-Pacific carriers has begun turning down shipments of low-revenue agricultural exports in order to expedite the return of empty containers to Asian load ports to carry much higher-paying US imports of consumer merchandise.
04 Sep 2020
Container shortages in Asia are reaching a crisis level as carriers are desperate to secure sufficient equipment to satisfy US import needs for the upcoming peak shipping season.
04 Sep 2020
CMA CGM is “confident” moving into the third quarter as rising consumer demand keeps container ships full and rates elevated.
04 Sep 2020
Liner shipping companies are reporting a shift from air to ocean as current market fundamentals force shippers of e-commerce products to seek alternatives.
04 Sep 2020
What has changed such that the world’s largest container line, and the largest company in Denmark, is willing to bet its future not just on an unproven theory, but one that has been disproved time and time again over the course of containerization?
03 Sep 2020
While Bangladesh saw a huge jump in apparel exports last month, factories are seeing fewer orders from western buyers for September and October.
02 Sep 2020
Uptake in digital quoting tools at top container lines suggests every carrier will need that capability even if the usage and benefits of such tools aren’t yet clearly defined.
02 Sep 2020
Carriers have already delayed services calling at Busan and Japanese ports, including Tokyo, due to the typhoons, while also omitting some calls, including Yokohama.
02 Sep 2020
China’s largest shipping group plans to grow its integrated service network to match changing demand patterns as the global economy slowly rebuilds.
02 Sep 2020
While there has been a discernible shift in global sourcing patterns toward countries in Southeast Asia, India has yet to become a key beneficiary of that evolving migration, with the challenges tied to its ocean supply chains seen as a big barrier to larger trade aspirations.
01 Sep 2020
With trans-Pacific carriers having no blank sailings scheduled through September, US exporters anticipate there will be sufficient westbound capacity to ship their commodities to Asia.
01 Sep 2020
Maersk’s reorganization is expected to lead to a raft of redundancies and possible office closures, with Danish newspaper Borsen reporting a loss of 3,400 jobs, or roughly 4 percent of its workforce.
31 Aug 2020
New service offerings announced recently by CMA CGM demonstrate that while alliances serve the carriers well in terms of cost efficiencies, the benefits may not extend much further.
28 Aug 2020
The US import surge that began in late June now looks like it will continue at least through October as consumers turn to e-commerce for purchases, including holiday season merchandise.
26 Aug 2020
Cosco’s sale of a large portion of its ownership stake in China International Marine Containers appears to be a state-mandated move to consolidate control around China Merchants Group, CIMC’s largest shareholder.
26 Aug 2020
Spot rate developments are an indicator of what to expect from the long-term contract market, and current trends show the spot market on Asia–Europe continuing to increase, according to Xeneta.
26 Aug 2020
With carriers refocusing on Colombo or other regional hubs for predictable cost advantages in tighter market conditions, Indian cargo owners may have to wait longer to enjoy more competitive, direct shipping solutions.
25 Aug 2020
Only eight of the JOC Top 40 Container Carriers by US Imports managed to increase volumes in the first five months of the year, none of which belong to one of the three major vessel-sharing alliances.
24 Aug 2020
Mediterranean Shipping Co. announced a new weekly service from Asia to the US West Coast to meet import demand that has risen significantly in the past two months.
24 Aug 2020
The correlation between blank sailings and volume through the coronavirus-hit second quarter can be used to predict upcoming demand with reasonable accuracy, says Sea-Intelligence Maritime Analysis.
24 Aug 2020
In proactively and successfully influencing the direction of the market as container lines have done this year, leading to higher rates and stronger profit, the carriers will inevitably provoke a regulatory reaction.
24 Aug 2020
APL Logistics has added Haiphong to its OceanGuaranteed product as demand for premium services from Vietnam increases with the shift of some manufacturing from China.
21 Aug 2020
Stable high-and-heavy cargo volumes reduced loss margins for Wallenius Wilhelmsen as the carrier slow steams and puts 15 ships in cold layup to cut costs.
21 Aug 2020
Forwarders say shipping lines in the eastbound trans-Pacific are telling them to prepare for a Sept. 1 general rate increase (GRI) that could push West Coast spot rates above $4,000 per FEU.
21 Aug 2020
Container lines have displayed an ability to flex capacity in response to short-term demand changes, and this strategy has paid off across the board despite stunted volumes in the second quarter.
20 Aug 2020
A chassis dispute between trucking executives and ocean carriers has reached an impasse, spurring American Trucking Associations to seek a resolution from the US Federal Maritime Commission.
20 Aug 2020
DP World subsidiary Unifeeder ISC has agreed to purchase three business units of the Mumbai-based Transworld Group, including the short-sea and transhipment carrier Shreyas Shipping and the forwarder Avana Logistek.
20 Aug 2020
New priority services from Asia to the US will allow shippers to move their containers quickly through Los Angeles and to inland destinations.
19 Aug 2020
Growth of Maersk Spot indicates the industry is past the point of no return on adoption of instant quoting tools, with container lines not having this capability lagging behind.
19 Aug 2020
Earnings season is drawing to a close, with carriers shrugging off the impact of COVID-19 lockdowns on demand in the second quarter and significantly boosting their earnings due to capacity management.
19 Aug 2020
Maersk is the latest carrier to produce a healthy interim result, which has encouraged the market leader to not only reinstate its suspended full-year earnings guidance, but to increase it.
17 Aug 2020
The new service will significantly shorten the transit time for Bangladeshi cargoes to reach their final destination in the US by — at least 10 days, according to officials.
14 Aug 2020
Taiwanese carrier Yang Ming was unable to turn around its string of financial losses in the first half, but the shipping company continues to inch its way closer to a positive result.
14 Aug 2020
Technology has the potential to solve long-running financing tensions between suppliers and importers, and logistics networks and service providers are likely to be the focal point for these solutions.
14 Aug 2020
A steep drop in Hapag-Lloyd’s volume during the second quarter was matched by capacity cuts and lower operating costs that delivered a solid first half result for the carrier.
12 Aug 2020
Carriers that have released interim results have reported a stronger first half, underscoring the effectiveness of aggressive capacity management on the main trades.