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

25 May 2022
US retail spending is increasing despite inflationary pressures, while bookings and port volumes remain strong, suggesting the inventory warnings of Walmart and Target have not hit the larger retail industry yet.
28 Apr 2022
On-time vessel reliability improved in March for vessels arriving at US ports from Asia, but a disparity in the gains showed how upcoming labor negotiations on the West Coast are affecting US ocean shipping dynamics.
28 Apr 2022
E2open’s organic and acquisition-driven growth has it eyeing opportunities to expand revenue opportunities from existing customers, but its share price has been dragged down by public market unease.
28 Apr 2022
The longer China’s COVID lockdowns persist and manufacturing is interrupted, the more pent-up demand will build and eventually be unleashed into the trans-Pacific.
28 Apr 2022
Singapore-based ONE reported its third consecutive year of profitability during which flat volume was massively offset by rising rates and 100 percent utilization on major trade lanes.
27 Apr 2022
Ocean freight rates in the short term will primarily be affected by the duration of mainland China’s COVID-19 lockdowns and the broader economic impact of the Russia-Ukraine war, Drewry says.
27 Apr 2022
Hapag-Lloyd has started a new Mediterranean service into the Port of Virginia that will also offer trans-continental intermodal service to the West Coast.
27 Apr 2022
The longer the Chinese lockdowns last the more intense the scramble by US importers to secure factory production and transport capacity, potentially mirroring the whiplash of order cancellations in early 2020 that were followed by unprecedented demand.
27 Apr 2022
While sustained demand is a factor for the strength on the India–US trade, sources say carriers are playing a “cherry-picking” policy while signing contracts with shippers or forwarders, prioritizing the ones they see as more lucrative partners.
26 Apr 2022
A new office near Washington, DC, is intended to help the CMA CGM–backed startup accelerator ZEBOX attract technology that can help its corporate partners in North America advance their digital logistics initiatives.
26 Apr 2022
Hapag-Lloyd is betting customers will eventually demand that all its containers be trackable by sensors, leading it to commit to equipping its fleet of 3 million dry boxes starting next year.
26 Apr 2022
Maersk has signaled that another exceptionally profitable year is on tap after the carrier dramatically upped its 2022 earnings forecast.
25 Apr 2022
Seven ocean carriers blocked empty container returns to New York-New Jersey marine terminals last week as import volumes swell due to West Coast freight diversions.
25 Apr 2022
The jury is still out on whether the steep fall in Asia-North Europe rate levels since Chinese New Year is purely seasonal or a reflection of slowing demand as inflation adds to mounting cost pressures.
22 Apr 2022
The ruling against Hapag-Lloyd could well be a bellwether for future actions against shipping lines relating to what shippers and drayage providers consider unfair assessment of demurrage and detention fees.
22 Apr 2022
Despite a modest increase of 2.7 percent in imports from Asia in the first quarter, continued congestion at major US gateways indicates port-related supply chains will struggle with even single-digit growth in imports this year.
20 Apr 2022
Charter carriers and extra-loader services are seeing container volumes in the trans-Pacific slow to start 2022 as spot rates plateau and Shanghai lockdowns take boxes off the water.
20 Apr 2022
Procurement automation is already changing the nature of how shippers buy capacity from carriers and intermediaries, an evolution that will accelerate in the years ahead as humans adapt to the technology.
20 Apr 2022
New research from Freightos finds ocean carriers improved their electronic tools over the past three years and want to move rate and booking activity through their own online channels.
19 Apr 2022
Carrier OOCL said the biggest revenue gains in the first quarter of 2022 were on trade lanes that saw the largest declines in liftings.
15 Apr 2022
Ocean carriers say they have swept more of the empty containers that have plagued truckers who have had to make extra trips further away from ports to store the boxes.
14 Apr 2022
The matter of empty containers highlights the dizzying complexity of the modern supply chain, wherein gains for drayage truckers and marine terminals can be interpreted as a loss for exporters.
14 Apr 2022
Sponsored: No single entity has the answer to the congestion plaguing today’s disruption-ridden supply c
14 Apr 2022
While it’s difficult to assess an unprecedented market, the combination of US import volumes that have grown roughly 20 percent from pre-pandemic 2019 and ongoing shocks to the supply chain will continue to hinder cargo flow throughout much of 2022.
13 Apr 2022
Major retailers and multinationals may have gained greater control of their container shipping supply chains, but smaller US importers lack the scale and are still scrambling for transport capacity.
12 Apr 2022
Exactly one month before the start of contract talks between West Coast employers and the ILWU, the union is claiming that a 2008 deal between the two sides has been violated at Terminal 5 in Seattle, a foreboding sign for those hoping this year’s negotiations would go smoothly.
11 Apr 2022
The National Labor Relations Board said it will hold an election for longshore union representation for Caribbean specialist Tropical Shipping at the Port of Palm Beach.
11 Apr 2022
For Indian shippers, frustration over capacity shortages have been compounded by rising vessel skips or port call changes.
08 Apr 2022
Huge amounts of container shipping capacity are being tied up in congested ports on the key trades, blurring the line typically drawn between falling volume and weakness in demand.
07 Apr 2022
The bull run that drove carrier profits to extreme levels last year has continued into 2022, with Cosco the first to predict multi-billion-dollar first-quarter earnings.
07 Apr 2022
Falling consumer demand amid rising inflation in Brazil and the launch of a new service that has added capacity have conspired to push rates from Asia to the East Coast of South America to their lowest level in about 18 months.
07 Apr 2022
Sailing disruptions out of the East Coast of India are getting worse, forcing shippers to find alternatives, including rerouting cargo via West Coast ports.
06 Apr 2022
Truckers working the Port of New York and New Jersey say they are not always being paid enough for increasingly longer trips away from the port to deliver empty containers.
05 Apr 2022
ONE is using Google Cloud to further its ability to automate back office and customer-facing solutions, a sign that the cloud infrastructure giant sees container shipping as a key vertical to target.
05 Apr 2022
Analysts worry that a lack of long-term cargo growth in the Arabian Gulf could result in large amounts of unused capacity at the competing ports of Jebel Ali in Dubai and Khalifa in Abu Dhabi, United Arab Emirates.
05 Apr 2022
Maersk and GCT New York have settled a lawsuit over the switch of three vessel services to APM Terminals that GCT alleged was a breach of contract.