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

24 Jan 2022
Hong Kong-based container carrier OOCL saw significant increases in freight rates and per container revenues thanks to supply chain disruption across key origin and destination markets.
24 Jan 2022
Inflation, higher interest rates, and a gradual shift back to a more “normal” balance in consumer spending between goods and services will reduce import volumes in the second half of 2022, in turn relieving pressure on ports and inland supply chains.
24 Jan 2022
Container shipping’s global group has objected to proposed amendments in Europe’s emissions trading system that it believes undermine the polluter-pays principle.
21 Jan 2022
Container line members of the Digital Container Shipping Association (DCSA) are not adopting the very standards they have set out to develop, speakers said during a JOC webcast last week.
21 Jan 2022
With Suez Canal transit tolls rising next month, Indian shippers — already dealing with elevated freight rates — are now seeing new canal-related surcharges on services to North Africa.
20 Jan 2022
Matson’s fourth-quarter results surge amid growing demand for expedited ocean freight services from China to the US West Coast.
20 Jan 2022
A new key performance indicator measuring the congested ports of Europe, Asia, and the US in terms of TEU waiting days shows most of the bottlenecks are occurring at North American terminals.
19 Jan 2022
Despite an expected return to single-digit monthly increases in imports from Asia this year, already-stressed US ports are still likely to struggle to handle cargo volumes.
18 Jan 2022
Price is taking a back seat to reliability and predictability in this year’s service contract negotiations as shippers push carriers for larger space commitments while carriers are favoring customers with a proven ability to deliver committed volumes on a consistent basis.
18 Jan 2022
While carriers are permitted to collaborate on freight rates under South Korea’s maritime shipping act, it must be done in discussion with shippers and details reported to the Oceans and Fisheries Ministry within 30 days.
18 Jan 2022
There will be an enormous gap in the price between zero-emission fuel and conventional marine fuel over the next 20 years – something that needs to be addressed, according to a report from the Getting to Zero Coalition.
14 Jan 2022
There is no single solution to the problems underlying the international supply chain meltdown, but the steamship lines, port terminals, railroads, and cargo owners can take action now to fend off a repeat occurrence of 2021’s disruption.
14 Jan 2022
Don Becker’s public-facing approach served him well once he took over The Journal of Commerce in 1984, quickly establishing relationships with key shipping business leaders.
14 Jan 2022
Plagued by vessel bunching, terminal congestion, and equipment shortages for much of last year, North America’s West Coast ports are cautioned that these conditions are likely to persist well into 2022 even if imports slow from the double-digit gains in 2021.
14 Jan 2022
Soaring rate levels swept aside a decline in Maersk’s Q4 volumes and set the carrier on course to report an even more profitable 2021 than expected.
13 Jan 2022
Members of the Ocean Alliance outline plans to add new Asia services to the US West and East coasts as part of a series of 2022 network changes.
13 Jan 2022
Frustration over sailing disruptions continues in the new year for Indian exporters, with MSC skipping calls at Mundra and Jawaharlal Nehru Port Trust on its INDUSA service this week.
13 Jan 2022
Houston is seeing a surge in imports thanks to the upsizing of vessel services from Asia as other Gulf Coast ports look for a similar uplift.
12 Jan 2022
Maersk is going beyond its previous efforts to cut emissions, accelerating its decarbonization timeline and extending net-zero targets across its land, sea, and air business.
12 Jan 2022
Several Southeast ports will expand container capacity in 2022, but the question for most is when will Savannah clear all the anchored vessels outside its harbor?
10 Jan 2022
With no sign of relief in the high rate-low value container shipping environment, shippers on the major trades will be hoping the newfound prosperity being enjoyed by carriers results in a vast improvement in service levels.
07 Jan 2022
Global 3PLs are facing competition from digitally oriented forwarders and vertically integrated container lines and terminal operators.
07 Jan 2022
Retailers are pulling back somewhat on their growth projection for imports because global supply chain problems will continue to restrict cargo volumes moving through US ports.
07 Jan 2022
After 18 months of chaotic supply chains, cargo owners are searching for stability as they look ahead into 2022.
05 Jan 2022
Mediterranean Shipping Co. has edged out Maersk as the world’s largest containership company by capacity, according to Alphaliner, amid fleet growth and higher trans-Pacific volumes.
05 Jan 2022
Carriers and their customers began their 2021-22 service contract negotiations several months earlier than usual, seeking stability and predictability is an eastbound trans-Pacific trade roiled by supply chain disruptions.
03 Jan 2022
The trans-Atlantic trade will report significant volume growth in 2021 as heavy US demand fills all available capacity and pushes rates to record levels.
30 Dec 2021
Wan Hai has come under scrutiny from the US Federal Maritime Commission for assessing detention charges on containers that shippers assert could not be returned to a container terminal.
30 Dec 2021
With import volumes in the trans-Pacific projected to remain strong into the new year and water and landside congestion continuing, the first half of 2022 will look eerily similar to 2021.
29 Dec 2021
Evergreen Marine has ordered six new ship-to-shore cranes after it completed berth dredging for a major capacity upgrade at its Los Angeles terminal.
29 Dec 2021
Although the US supply chain is in desperate need of more chassis, it will take a while longer before enough chassis are injected into the market to make a notable difference.
28 Dec 2021
Despite the urgency around decarbonizing one of the world’s most polluting industries, the IMO continues to struggle to achieve consensus on the way forward among its 175 member states.
28 Dec 2021
The port of New York–New Jersey is looking at how it can deal with five years of expected cargo growth that has hit the port through 2021, while other Northeast ports are expanding capacity to deal with larger ships.
27 Dec 2021
Although spillover cargo from the congested container market will recede as the market stabilizes, breakbulk and recovering project demand coupled with shrinking capacity are expected to keep MPV/HL rates from sinking to pre-COVID-19 levels
27 Dec 2021
Demand for less-than-container load (LCL) services has driven a customs technology company catering to small US shippers to launch a service from two Chinese ports to New York-New Jersey.
27 Dec 2021
Pandemic-born disruption will continue forcing logistics practitioners to rework supply chains in 2022 to deal with ongoing congestion and equipment shortages.