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

05 Jun 2020
COVID-19 lockdowns are weighing on global container shipping demand, and CMA CGM has joined other major carriers in expressing gloomy expectations for the second quarter.
05 Jun 2020
Jeremy Nixon, CEO of Ocean Network Express (ONE), says he’s more optimistic of a rebound in trans-Pacific container volumes as Chinese factory production builds and some importing sectors such as retailers bringing in summer items begin restocking inventories.
03 Jun 2020
Continued aggressive capacity reductions in major container trades are a clear indication of low demand expectations from carriers for the next few months, and possibly into the trans-Pacific peak season.
03 Jun 2020
US exporters of scrap metals, paper, and plastics saw increased demand in 2019, but volumes have come crashing down in early 2020 due to supply and demand destruction caused by the COVID-19 crisis.
02 Jun 2020
ZIM’s new eCommerce Xpress service offers 12-day transit times from South China to Los Angeles with expedited cargo handling and inland transportation connections at West Basin Container Terminal.
02 Jun 2020
Forward cargo bookings stabilize, but weak demand continues to hold back the reinstatement of withdrawn carrier capacity.
01 Jun 2020
A collapse in US exports of scrap paper and forest products due to tariffs, environmental restrictions, and slowing economies in receiving countries is expected to continue this year due to the effects of the COVID-19 crisis.
29 May 2020
Spot container rates spiked from the previous week as retailers replenished diminished inventories and after capacity has been reduced through dozens of blank sailings in May.
29 May 2020
Extensive capacity cuts on the Asia–Europe and Asia–Med trades are holding up container spot rates, and some carriers are even announcing rate increases in May and June.
29 May 2020
As intra-Asia volumes seek to find their footing amid COVID-19, the mounting war of words over China’s initial handling of the coronavirus outbreak could result in a shift of multinational manufacturing from China to other regional players.
29 May 2020
The main concern for US resin producers in 2019 was an increase in Chinese import tariffs, but that has been overshadowed by macro-economic concerns during the COVID-19 pandemic.
28 May 2020
Carriers say container booking cancellations, and the failure of importers and exporters to notify them of the cancellations, are contributing to supply chain disruptions during the coronavirus disease 2019 (COVID-19).
28 May 2020
The current round of government support appears to have rekindled the debate over whether such influence is detrimental to the container shipping industry.
28 May 2020
The addition of DP World to Maersk and IBM’s blockchain platform TradeLens is a feather in the cap of the still nascent container logistics network, bringing a string of more than 80 terminals and associated business into the fold.
27 May 2020
Containerized agricultural exports surged in the first quarter over the year-ago period when China’s tariffs on many US commodities crushed ag exports to China.
27 May 2020
With the US imposing higher tariffs on goods from China, importers of household goods moved production to Southeast Asia last year, primarily Vietnam.
27 May 2020
The search for transportation’s fuel of the future is regaining the momentum built up in 2019, with high-profile initiatives launched in May to accelerate research into alternatives to fossil fuels.
27 May 2020
It was a solid first quarter for Zim, as the carrier managed to improve its profitability despite the growing impact of the coronavirus through the reporting period.
27 May 2020
A wave of government support measures and the rising threat of overcapacity speaks to the pain on the way, even if carriers have shown they’ve learned from the 2008-2009 global financial crisis not to pull punches when it takes to cutting capacity quickly.
26 May 2020
PIL, which raised more than $550 million from the sale of box ships earlier this year, said it has agreed on a debt repayment holiday until the end of this year with most of its main lenders.
26 May 2020
Increased import tariffs on Chinese-made toys in 2019 caused some shippers to shift sourcing to Vietnam, accelerating the diversion of those cargoes from Los Angeles and Long Beach to ports on the East and Gulf coasts.
26 May 2020
Adrian Pinna, who retired this spring, had a style harkening back to what some consider the good old-days of container shipping, before a relatively young industry took on a more buttoned-up style.
25 May 2020
Blank sailings are making it difficult for ag shippers and truckers to make appointments for delivering export containers to marine terminals, and they are experiencing additional supply chain costs as well.
25 May 2020
With schools and retailers shut down across the country, imports this summer of back-to-school items and holiday season goods may be much lower than in prior years.
25 May 2020
The Marseille-based startup technology incubator’s newest cohort features a duo of companies aiming to automate the trade compliance and administrative work done by logistics providers on behalf of shippers.
25 May 2020
Walmart remained atop the list of the 100 largest US importers by a wide margin in 2019, while Koch Industries retained to the No. 1 export spot.
22 May 2020
Nearly five months into 2020, US agricultural exporters say their main concerns are logistical issues such as blank sailings in the trans-Pacific, ocean carrier detention and demurrage charges, and supply chain disruptions due to “earliest return date” (ERD) mandates.
21 May 2020
Carriers appear to be in a better position to shrug off the demand declines of the second quarter and capitalize on recovering volume through the rest of the year.
21 May 2020
The savings afforded by the safe harbor tax credit has US solar energy developers rethinking traditional project logistics processes, purchasing and importing materials much earlier in the construction cycle.
20 May 2020
Digitally-oriented freight broker Loadsmart, backed in part by Maersk’s venture fund, has begun offering a product that stitches together drayage, transload, and truckload operations.
20 May 2020
Among the many questions facing the auto industry in 2020 is how to build resilience into supply chains centered on just-in-time (JIT) fulfillment strategies and lean manufacturing.
20 May 2020
A small number of sailings have been reinstated on the trans-Pacific and Asia-Med trades as economies take their first small steps toward reopening and carriers try to get the supply-demand balance right.
19 May 2020
Cargo interests report a surge in cargo rolling at Chinese ports, which they attribute largely to unprecedented capacity reductions by carriers for this time of year.
19 May 2020
A container line consortium that has tackled a range of shipping standards since launching in April 2019 now plans to drive adoption of electronic bills of lading, a standard that has long evaded adoption.
18 May 2020
Any concerns about the availability of IMO 2020–compliant fuels have evaporated because COVID-19’s hit on road and aviation fuels has left the global refining complex awash in low-sulfur feedstocks that are finding their way into the bunker market.
18 May 2020
The spot market rates are well above year-over-year levels, despite an evaporation of demand that has hit carriers hardest this second quarter.