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

22 Jan 2021
US imports from Europe have been rising steadily since August, with the trans-Atlantic so far able to shrug off the severe disruption experienced on the trades out of Asia.
30 Nov 2020
A series of developments over the past roughly five years has put shippers in the most disadvantageous position in regard to pricing power that they have perhaps ever faced.
30 Nov 2020
As the demand boom is spreading to multiple trade lanes, it means shippers are now fighting over access to the same limited resources.
27 Nov 2020
Shippers can expect sharp increases in annual contract prices as Asia-Europe spot rates spike ahead of a range of carrier increases and peak season surcharges
27 Nov 2020
Automation, self-invoicing bolster traditional third-party payment audit model
27 Nov 2020
An intra-Asian trade pact, likely to be ratified next year, will cut or eliminate tariffs, harmonize rules of origin regulations, and deepen regional supply chains.
25 Nov 2020
CMA CGM on Dec. 4 will launch Seapriority Express from Yantian to Los Angeles with guaranteed equipment availability and priority loading in China, and chassis availability in Southern California.
25 Nov 2020
US federal maritime regulator’s decision to increase scrutiny of container lines is part of a larger global effort to monitor how carriers are behaving.
25 Nov 2020
Shippers shouldn’t expect carriers to easily agree to increasing their minimum quantity commitments (MQC) within trans-Pacific service contracts, said Philip Damas, head of Drewry Supply Chain Advisors
24 Nov 2020
Yang Ming has joined the growing list of container lines to offering a digital quoting and booking channel, with its use of software from BlueX Trade also a sign that this trend is taking root in Asia.
24 Nov 2020
The ratio of cargo rollovers at transshipment ports continues to rise with carriers unable to maintain reliable schedules and battling to return equipment to Asia to serve the booming export trades.
23 Nov 2020
US retailers benefited from higher inventory levels during Q3; however, the outlook through the end of the year remains uncertain following slowing growth in October retail sales.
23 Nov 2020
The industry’s proposal calls for the R&D fund to be financed over a 10-year period by a levy on shipping companies of $2 per tonne of marine fuel consumed.
23 Nov 2020
Rates and demand on the major east–west trades out of Asia have remained at high levels deep into the traditional slow season, driving up profitability and leaving shippers with the check.
20 Nov 2020
The FMC’s order drew immediate support from organizations representing truckers and agricultural exporters, who have testified about carrier practices they say contribute to port congestion and bottlenecks in the international supply chain.
20 Nov 2020
CMA CGM is the latest carrier to post a highly profitable quarterly result in what the CEO has called “a favorable environment” that is expected to continue into the fourth quarter.
20 Nov 2020
Major and regional container carriers in recent years have added shuttle services on routes connecting ports in Mexico to the United States, particularly Tampa and Miami.
19 Nov 2020
California agricultural exporters say failing to deliver their products on time to overseas customers can result in buyers attempting to “wiggle out” of contracts that contain firm deadlines.
19 Nov 2020
The US Federal Maritime Commission has rejected an argument from container lines that it lacks the authority to hear the American Trucking Associations’ complaint over so-called merchant haulage moves.
19 Nov 2020
Indian shippers are preparing for other carriers to levy equipment surcharges for US-bound cargoes after Mediterranean Shipping Co. said it will do so starting Dec. 3.
19 Nov 2020
The forwarding share of Maersk’s business has remained constant over the past five years, and CEO Soren Skou is confident that the carrier’s logistics-focused strategy will not upset that relationship.
18 Nov 2020
While not as high as their prior forecast, shippers in the eastbound trans-Pacific should still expect service contract rates next spring above current levels because carriers will continue their policy of tight capacity management, Drewry says.
18 Nov 2020
Zim this week announced new Asia-Australia and US-Mexico services and said another new service announcement would come soon.
18 Nov 2020
The share of revenue from Maersk’s logistics sector continues to grow as the carrier expands its landside business.
18 Nov 2020
Feeder vessels are seeing over 48 hours berthing delay in Colombo and nearly 36 hours in Singapore, lowering the number of possible voyages and raising costs.
17 Nov 2020
By giving customers a chance to designate shipments for delivery on ships generating fewer emissions than those powered by bunker fuel, CMA CGM is able to capitalize on its unique assets: LNG-powered ships
17 Nov 2020
Maersk is steaming towards an annual result that would be impressive even in a year that was not severely disrupted by a global pandemic.
17 Nov 2020
DCSA and BIC have built a database of 11,000 depots, container yards, maintenance and repair vendors, and other supply chain container facilities in 160 countries.
17 Nov 2020
Shippers moving cargo on the Asia-Europe spot market will pay a high price, but once lower contract rates are factored into the market, the overall rate development is less impressive, says Hapag-Lloyd.
16 Nov 2020
A coalition of stakeholders says they will consider calling for an update of the Shipping Act of 1984 next year after asking the FMC for more immediate relief on detention and demurrage charges in the US’s two largest port complexes.
16 Nov 2020
Many trans-Pacific shippers still have contract rates far below current spot rates, and while they cannot necessarily ship all their cargo on those low rates and at the same time get the space and equipment they need, they still do benefit.
13 Nov 2020
Benefitting from equipment shortages in Asia and tight vessel capacity, NVOs continue to gain market share, but it’s the mid-size NVOs who are gaining at the fastest pace.
13 Nov 2020
Carriers believe inventory replenishment in early 2021 could offset a drop in consumer spending and maintain volume on the Asia-Europe trades.
13 Nov 2020
Carrier earnings for the third quarter are coming in, and as expected have extended the profitable momentum that built through the first half of the year.
12 Nov 2020
The sustained demand for Asian exports is worsening an equipment imbalance that has built steadily through the peak season on the trans-Pacific and Asia-Europe trades.
12 Nov 2020
Moody’s Investors Service’s upgrade of the container shipping industry comes after Drewy last month upgraded its own 2020 profit expectation for the industry by 16 percent to $11 billion.