Maritime News

The latest maritime news covering all aspects of the maritime industry including ports, container, and breakbulk lines, ships, ship chartering, and the evolution of shipping technology. From Maersk Line to Grimaldi, JOC.com covers the largest and smallest container lines with unequaled intelligence, data, insights, and analysis.

News & Analysis

HMM/
14 Aug 2018
Hyundai Merchant Marine, which recently announced its withdrawal from the Trans-Atlantic trade, said it expects higher freight rates and load factors through the third-quarter peak season but cautioned cargo volume is likely to fluctuate due to “changes in [the] international situation.”
13 Aug 2018
Sponsored: Craig Mygatt, Sealand CEO, speaks to Mexico-US trade as well as the impact of polyethylene pl
A container ship at sea.
13 Aug 2018
A LinkedIn discussion served as a microcosm for how shippers and the broader logistics industry are wrestling with a few key questions regarding blockchain. Are blockchain’s proponents inordinately and/or prematurely boosting the new technology — including its appropriateness and efficiency-enhancing capabilities?
Wallenius Wilhelmsen.
13 Aug 2018
Under the International Maritime Organization's rule, starting in 2020, ships will only be allowed to emit 0.5 percent sulfur, down from the currently acceptable level of 3.5 percent.
Port of Los Angeles.
10 Aug 2018
Space is so tight today in the eastbound Pacific that some beneficial cargo owners are paying higher than spot rates to get their shipments on vessels leaving Asia. However, there is a qualifier to that trend shippers should know about.
Container ships at the Port of Oakland.
10 Aug 2018
Unless ocean carriers radically change the paradigm on how they go to market, the Jan. 1, 2020 sulfur cap on bunker fuel will represent another cost that carriers fail to pass on to customers. How many other industries operate this way?
A Yang Ming ship.
10 Aug 2018
“While we are seeing others in the container ship industry face similar struggles, Yang Ming anticipates a healthier second half, driven by an improving supply and demand ratio,” the ocean carrier said.
Hapag-Lloyd.
10 Aug 2018
“For the remainder of the year, we see a slow but steadily improving market environment, but we recognize that there are still significant geopolitical uncertainties that could influence the market,” said Rolf Habben Jansen, CEO of the world’s fifth-largest ocean carrier.
Port of Los Angeles.
09 Aug 2018
The uptrend in US imports, in line with the US/global expansions, continued in June, but shippers remain cautious, and there are objective, geopolitical reasons why they are not celebrating.
Maersk IBM blockchain project TradeLens.
09 Aug 2018
Maersk and IBM have fleshed out their designs for an industrywide blockchain solution – an open-source platform called TradeLens. There are a host of other blockchain initiatives in development, but as one stakeholder noted, they joined the Maresk-IBM venture based on Maersk’s history of innovation and IBM’s technological prowess, which gives the platform a “high probability of success.”
Maersk Line.
07 Aug 2018
Maersk said it continues to encounter very high bunker prices, which have not been fully compensated for in freight rates.

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