CMA CGM backs off from proposed $50 administrative fee for detention and demurrage documentation processing after swift customer pushback.
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Maritime News
Maritime 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 CMA CGM, MSC (Mediterranean Shipping Co.) and Maersk Line to smaller carriers such as Eimskip and Atlantic Ro-Ro Carriers, 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
20 Sep 2019
The FMC’s recommendations stem from an 18-month effort led by Commissioner Rebecca Dye to address complaints from cargo owners and drayage drivers over what they considered unfair fees for failing to pick up cargo and return equipment in a timely manner.
20 Sep 2019
With holiday season imports unable to gain traction and spot rates declining for the third consecutive week, peak-season 2019 will be defined by blanked sailings rather than surging cargo volumes.
20 Sep 2019
The carbon emissions data being collected may not be at a deep, granular level, but it remains the best ever available in the industry, and experts say shippers need to take better advantage of green transport offerings.
18 Sep 2019
John Butler, CEO and president of the World Shipping Council, said a number of studies suggest mandatory slow-steaming — one of many proposals the International Maritime Organization is considering — would force carriers to deploy more ships in order to keep service commitments.
17 Sep 2019
Maersk has “seen an understanding from the vast majority of customers” that they’ll need to pay higher fuel surcharges due to the IMO low-sulfur mandate, which will cost the container shipping industry $10 billion to $15.7 billion more annually, according to various estimates
16 Sep 2019
The US Department of Agriculture has approved nine new locations for its longstanding in-transit cold treatment program in the southern and western parts of the country.
16 Sep 2019
Fluctuations in tariffs have long necessitated a diversified and nimble supply chain strategy, but the current US-China trade war is creating unique challenges in the refrigerated cargo sector.
16 Sep 2019
Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.
13 Sep 2019
Shippers in the trans-Pacific should brace for a confusing fourth quarter as carriers in October file low-sulfur fuel surcharges customers will have to pay in November and December. Those interim fees will be replaced by permanent floating surcharges effective Jan. 1.
13 Sep 2019
The larger container ships global carriers are starting to deploy in intra-Asia trades are putting pressure on specialist feeder lines already dealing with bad weather, port congestion, and shifting trade patterns.
12 Sep 2019
A government report on the worst case Brexit scenario outlines the damage that could be in store should the UK leave the European Union without a deal.
12 Sep 2019
With capacity plentiful and spot rates softening, NVOs’ share of US imports from Asia in the first half of 2019 edged lower after having increased steadily the previous five years.
12 Sep 2019
The adoption of blockchain-based container shipping software may depend on the efficacy of associated identity management and data security components.
11 Sep 2019
The Jones Act requires that a US fleet build offshore wind farms, but that fleet does not exist as yet.
11 Sep 2019
Heavy-lift carriers open a shared office and will cooperate to offer more choices in a consolidating shipping segment.
11 Sep 2019
The recent sharp drop in high-sulfur fuel oil prices and supplies is a sign the market has begun to shift ahead of IMO 2020.
11 Sep 2019
Canceling sailings are a regular strategy employed by carriers to match capacity with weak demand, but the way carriers manage this practice is frustrating customers.
10 Sep 2019
Shippers worry “unreasonable” air freight fees, tighter cargo screening regulations, and the region’s dependence on transshipment could cause Hong Kong to cede more cargo to air and sea ports in southern China.
10 Sep 2019
Retailers prepare for a projected 8.8 percent increase in imports in November as they ship early to get ahead of 15 percent tariffs scheduled to take effect Dec. 15 on remaining merchandise from China not already under tariff.
10 Sep 2019
The government of Panama has approved reduced toll rates for container ships transiting the Panama Canal, mindful of the need to stay competitive with the Suez Canal and with carriers ready to see fuel costs jump due to the IMO 2020 low-sulfur mandate.
10 Sep 2019
On the back of a deal with Bangladesh, India looks to expand its coastal shipping links with other countries in the region.
10 Sep 2019
Shippers on the Asia-Europe trades are starting to see how container shipping’s switch to low-sulfur fuel will impact their freight rates.
09 Sep 2019
India’s Concor takes another step to keep pace with the global push for one-stop logistics shopping.
06 Sep 2019
The failure of Sept. 1 general rate increase to hold may indicate that earlier predictions of a weak peak season were correct.
06 Sep 2019
The world’s fourth-largest ocean carrier says its integration of recently purchased third-party provider CEVA Logistics is “proceeding according to plan” despite mounting losses and debt.
06 Sep 2019
The Federal Maritime Commission agreed to the recommendations stemming from a year-and-half effort led by Commissioner Rebecca Dye to address complaints from cargo owners and drayage drivers over what they considered unfair fees for failing to pick up cargo and return equipment in a timely manner.
06 Sep 2019
INTTRA and CargoSphere vet seeks to provide container lines and freight forwarders with a new crowd-sourced path to innovating solutions for systemic container shipping problems.
05 Sep 2019
A new index designed to help shippers optimize their supply chains in the face of poor vessel schedule reliability is under development by shipping software provider CargoSphere and the publisher of the China Containerized Freight Index (CCFI) and Shanghai Containerized Freight Index (SCFI).
05 Sep 2019
Digital freight broker Loadsmart is adding to the list of startups aiming to revamp way shippers can procure drayage capacity in an effort backed by sizable investment from Maersk and Ports America.
05 Sep 2019
Maersk makes another move to source IMO 2020-compliant fuels ahead of the Jan. 1 mandate as the global availability of very low sulfur fuel oil remains an open question.
04 Sep 2019
While some liner shipping parties questions the wisdom of container lines alone developing data standards, the speed with which the DCSA unveiled its first set of standardized process maps suggests maybe fewer parties are better suited for such sweeping initiatives.
04 Sep 2019
The 2M Alliance has added the Port of New Orleans to a route linking China with the Gulf of Mexico, giving the Gulf Coast port its second service from the Far East and adding to its rapidly growing volume of import cargo.
04 Sep 2019
For the second consecutive year, Maersk and MSC have withdrawn the AE2/Swan Asia-Europe service in a bid to match capacity with slack demand.
04 Sep 2019
Amid signs of newfound and relative stability, the container shipping industry faces two imminent challenges.
03 Sep 2019
Carriers are beginning to notify customers of low-sulfur fuel surcharges effective Oct. 1, but customers look at them only as preliminary estimates and expect adjustments this fall.
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Commentary
A strategy that will reduce empty container costs
How blockchain will lead to fair, efficient logistics transactions
How was 2018 for container shipping? That depends.
Instead of 'outside the box,' let’s think inside the box (container)
A fleet in peril – the need for a US-flag cargo strategy