Maritime

The Journal of Commerce is the industry’s source for maritime news and analysis about ocean container shipping, logistics, supply chains, global shipping ports, shipping technology solutions and end-to-end connectivity. Coverage tracks the movement of containerized cargo — from origin to destination — handled by marine terminals in the US and abroad, depots, container ports, container lines, drayage, consignees and shippers, forwarders, non-vessel operating common carriers (NVOCCs) and off-dock warehousing providers, as well as pricing, capacity, volume and reliability on the trans-Pacific, Asia-Europe, North America-Caribbean, Central and South American and intra-Asia trades.

The latest Maritime News & Analysis

Obstacles Cited in Study on US West Coast Feeder Potential

Peter Tirschwell |
Domestic U.S. waterborne transportation for containerized cargo has failed to find a substantial market, but that has not stopped the federal government from pressing ahead with studies exploring the quixotic idea. A just-released study says a service along the U.S. West Coast is potentially viable but faces multiple hurdles.
Container lines

Air to Sea Shift Expands Ocean Reefer Market by 10 Percent

Peter Tirschwell |
A trend in shipping from air to ocean that has cost the air cargo industry 2 percentage points of average annual growth since 2000 has now resulted in a meaningful expansion of the ocean reefer market, but only a miniscule increase in total container volumes.
ForwardingAir Cargo

MOL, Evergreen, Cosco to Launch Asia-West Africa Service

Grace M. Lavigne, Associate Web Editor |
MOL Liner, Evergreen Line and Cosco Container Lines plan to launch a direct weekly service from Asia to West Africa in June.
Container lines

JOC Top 25 North American Ports in 2013

Marsha Salisbury, Research Editor |
North American ports

JOC Top 25 North American Ports in 2013: Imports

Marsha Salisbury, Research Editor |
North American ports

JOC Top 25 North American Ports in 2013: Exports

Marsha Salisbury, Research Editor |
North American ports

US Retailers Expect Slowing Growth in Containerized Imports

Bill Mongelluzzo, Senior Editor |
With a cautious eye on the West Coast longshore contract negotiations that will begin on May 12, U.S. retailers expect containerized imports in May to increase 3.5 percent over May 2013, with year-over-year growth tapering through September.
Container linesForwarding

Shifting Capacity Puts Pressure on Asia-West Africa Trade

Grace M. Lavigne, Associate Web Editor |
Recent changes in the Asia-West Africa lane have resulted in increased capacity, putting further pressure on freight rates.
Container lines

Worsening Tardiness in Europe Ship Arrivals From Asia

Greg Knowler, Senior Europe Editor |
Asia-to-Europe container shippers with tight supply chains are finding that ships are increasingly arriving late versus published schedules.
Container lines

US Containerized Footwear Imports Plunge

Bill Mongelluzzo, Senior Editor |
U.S. containerized footwear imports plunged 22.4 percent year-over-year in the first quarter of 2014, according to statistics compiled by PIERS, the data division of the JOC Group.
Container linesForwarding

FMC Judge Rejects Maher Terminals Lease Complaint

Joseph Bonney, Senior Editor |
Maher Terminals has failed to convince a Federal Maritime Commission administrative law judge that the Port Authority of New York and New Jersey violated the Shipping Act by granting a more favorable lease to competitor APM Terminals.
Marine terminals

Matson Bullish on Hawaii Trade

Bill Mongelluzzo, Senior Editor |
Continuing improvement in the Hawaiian economy should lead to modest growth in the Hawaii trade this year, according to a container carrier serving the islands.
Container lines

Danaos Optimistic on Impact of Carrier Mergers, Alliances

Bruce Barnard, Special Correspondent |
Danaos Corp. is optimistic on prospects for the ship charter market as ocean carriers look to mergers and acquisitions and alliances to manage their costs and gain economies of scale.
Container lines

Carriers Ready Surcharges in Case of US West Coast Disruptions

Bill Mongelluzzo, Senior Editor |
Hapag-Lloyd at the weekend informed its customers that it will be prepared to levy what could be large congestion surcharges on shipments to and from the United States in the event that work stoppages occur during West Coast longshore contract negotiations this summer.
Container lines

Hapag-Lloyd Introduces Two New Feeder Services in Americas

Grace M. Lavigne, Associate Web Editor |
Hapag-Lloyd is offering two new feeder services to Venezuela and Trinidad and Tobago, effective this month.
Container lines

MSC Launches Direct India-USEC Service

Peter Tirschwell |
Mediterranean Shipping Co. said it will launch a direct service connecting India, the Middle East, the Red Sea and the United States.
Container lines

Lawyers: Antitrust Law Doesn’t Fit Puerto Rico Case

Joseph Bonney, Senior Editor |
Attorneys for Thomas Farmer claim the former Crowley Liner Services vice president’s antitrust conspiracy indictment is invalid because Puerto Rico is neither a state nor a nation.
Transport, Trade, and Regulation NewsContainer lines

NIT League Doesn’t Expect ILWU Strike But Warns of Slowdowns

Mark Szakonyi, Executive Editor |
WASHINGTON — The largest U.S. shipper group doesn’t expect a strike or lockout at the nation’s West Coast ports but is telling members to expect picketing and even labor slowdowns.
Longshore laborNorth American ports

Outlook Brightens for Ro-Ro Carriers

Bruce Barnard, Special Correspondent |
After suffering through the longest recession in the crisis-ridden eurozone since World War II, roll-on, roll-off carriers could use an injection of good news.
Forwarding

G6 Gives London Gateway Its First East-West Service

Bruce Barnard, Special Correspondent |
London Gateway has landed its first east-west liner service after the G6 Alliance announced it would call at the United Kingdom’s newest container port.
International ports

Yang Ming Revamps Intra-Asia Services

JOC Staff |
Yang Ming Marine Transport has revamped its intra-Asia service network by forming new vessel-sharing and slot exchange arrangements with other ocean carriers on the routes.
Container lines

Ocean Carrier Rate Revision Roundup for May 2

JOC Staff |
Several carriers have planned general rate increases in multiple trade lanes in May and June, although any gains achieved could be temporary as overcapacity and sluggish global demand continue.
Forwarding

Chinese Urbanization Drives US Log Export Growth

Mark Szakonyi, Executive Editor |
China’s relentless urbanization will likely keep imports of U.S. containerized logs and lumber brisk in the coming year.
Container linesForwarding

ILA Presses Jurisdiction Claim at NY-NJ’s Global Terminal

Joseph Bonney, Senior Editor |
The International Longshoremen’s Association is claiming jurisdiction over operation of a safety device for truckers picking up containers from rail-mounted gantry cranes at Global Terminal’s new semi-automated facility in the Port of New York and New Jersey.
Longshore labor

Piracy Drops to Seven-Year Low

Grace M. Lavigne, Associate Web Editor |
The International Maritime Bureau reported the lowest first-quarter level of global piracy attacks this year since 2007, although the agency warned that the threat of piracy is still present.
Container lines

ICTSI Fends Off Rivals to Win Melbourne Terminal Bidding

Greg Knowler, Senior Europe Editor |
International Container Terminal Services Inc. (ICTSI) will invest $500 million in the port of Melbourne’s third container terminal after holding off stiff competition for the 26-year contract.
International ports

Rotterdam in Joint Venture to Develop New Port in Brazil

Bruce Barnard, Special Correspondent |
The Port of Rotterdam Authority has signed a joint venture with a Brazilian consortium to develop a new deep-sea multi-purpose port in South America’s largest nation.
International portsForwarding

‘Severe’ Trans-Atlantic Space Shortage Due to G6 Rollout

Grace M. Lavigne, Associate Web Editor |
A temporary space shortage on the trans-Atlantic is looming thanks to implementation of the G6 Alliance in that trade lane.
Container lines

Costamare Boosts Charter Revenue, Earnings on Bigger Fleet

Bruce Barnard, Special Correspondent |
Costamare posted higher revenue and earnings in the first quarter, as the Greek charter shipowner expanded its container fleet.
Container lines

Six Companies Interested in Piraeus Stake

Bruce Barnard, Special Correspondent |
Greece has received expressions of interest from six companies seeking to bid for a majority stake in the port of Piraeus, its largest container port and an emerging Mediterranean transshipment hub.
International ports

PNCT Adds Three Super-Post-Panamax Cranes

Joseph Bonney, Senior Editor |
Port Newark Container Terminal in May will take delivery of three super-post-Panamax cranes that will span 22 rows of containers, have capacity to lift 65 tons, and handle ships with capacities up to 14,000 20-foot-equivalent units.
Marine terminals

LA Mayor Says He Won’t Raid Port’s Coffers

Bill Mongelluzzo, Senior Editor |
Los Angeles Mayor Eric Garcetti told a maritime industry group today he has no intention of diverting to the city’s coffers harbor department revenues that are needed to make marine terminals and intermodal connectors big ship-ready.
North American ports

INTTRA, Catapult Deal Aims to Enhance E-Shipping Process

JOC Team |
Similar to how airline ticket aggregator sites find passengers the cheapest airfare, a new deal between e-shipping platform INTTRA and multimodal rate provider Catapult International will allow shippers and freight forwarders to find carrier rates online before they book shipments through INTTRA.
Logistics Technology NewsForwarding

Hanjin Shakes Up Management, Shareholding Structure

Greg Knowler, Senior Europe Editor |
Hanjin Group took a major step towards shoring up its financially shaky foundation yesterday with a shakeup of the group’s shareholding structure and the appointment of chairman Cho Yang-ho as the CEO of South Korea’s largest shipping line.
Container lines

ILA’s Daggett: NY-NJ Port Authority a ‘Lap Dog’

Joseph Bonney, Senior Editor |
International Longshoremen’s Association President Harold Daggett called the Port Authority of New York and New Jersey a “lap dog” for the Waterfront Commission of New York Harbor and said the port agency “should look in the mirror before casting aspersions on others.”
Longshore labor

Widdows Out as Rickmers Group CEO

Bruce Barnard, Special Correspondent |
Ron Widdows, the high-profile U.S. chief executive officer of Rickmers Group, will step down from his post tomorrow, May 1, the leading German shipowner announced today as it posted its 2013 results.
Breakbulk carriers

PierPass in Hunt for New President

Bill Mongelluzzo, Senior Editor |
PierPass Inc. announced today that over the coming year President and CEO Bruce Wargo will transition to the position of chairman, and a search will be conducted for a new president.
Marine terminalsDrayage

DFDS Axes Route Ahead of Tougher Environmental Rules

Bruce Barnard, Special Correspondent |
DFDS today said it is shuttering a route between the U.K. and Denmark in response to tougher environmental regulations coming into force in January that will sharply raise the cost of ships’ fuel.
Container lines

OOCL Earnings Point to Higher Rates, Stronger Demand

Greg Knowler, Senior Europe Editor |
Shippers look set to face rising freight rates on the Asia-Europe trade in the second quarter as improving demand allows container lines to stand firm on planned general rate increases (GRIs).
Container lines

Stronger Global Trade Drives Growth in DP World’s Traffic

Bruce Barnard, Special Correspondent |
Stronger global trade growth and new capacity in the United Kingdom and Brazil boosted DP World’s traffic by 11.6 percent in the first quarter.
Marine terminals