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

05 Dec 2019
Australian shippers are taking a wait-and-see approach to a review by the country’s competition watchdog on whether to continue the class exemption for container shipping companies from competition laws. The head of the government panel says those exemptions are becoming “harder to justify.”
05 Nov 2019
CMA CGM has put a price to its low-sulfur surcharge per container moving on the North Europe-Asia trade.
04 Nov 2019
For the world’s largest container carrier, embarking on a radical departure from its traditional business model while simultaneously leading a historic quest to decarbonize shipping represents a level of risk-taking and ambition without equal in today’s industry.
04 Nov 2019
The trans-Pacific spot market has begun to rebound as aggressive capacity management and early shipping ahead of looming US tariffs have pushed rates higher.
01 Nov 2019
Carriers do not plan on carrying any of the costs of complying with the IMO 2020 low-sulfur fuel regulations, and will levy a surcharge on spot rates and shorter contracts.
01 Nov 2019
Carriers are finally seeing an increase in Asia-North Europe rates and hoping the upward movement in prices carries through to the end of the year.
31 Oct 2019
Stakeholders in the container shipping industry are debating how demurrage clocks should begin, when they should be suspended, and when it’s fair and unfair to assess penalties to beneficial cargo owners (BCOs).
31 Oct 2019
Despite reporting a profitable second quarter, the Japanese container carrier has reduced its full-year earnings forecast by nearly one-third, citing concerns over a worsening global economic environment and an expected increase in bunker costs.
31 Oct 2019
Even before Wednesday’s announcement canceling the Nov. 15 Apec meeting in Chile, footwear importers were warned their industry would continue to encounter a drumbeat of uncertainty and possibly higher duty rates.
31 Oct 2019
Hapag-Lloyd will introduce an interim fuel surcharge to cover the volatile transition period as the carrier switch over to low-sulfur fuel in December.
30 Oct 2019
Income gains from international routes operated by Cosco Shipping Lines and OOCL in the third quarter came despite the average China Containerized Freight Index falling 1.7 percent between July and September.
30 Oct 2019
Shipping and its supply chain is facing a series of trade and environmental trends that will require a new approach from all parties, says UNCTAD.
30 Oct 2019
Progress is being made in the global decarbonization drive to cut CO2 emissions by the container shipping industry.
29 Oct 2019
Maersk continues to lead the way as the shipping industry searches for the fuel that will enable it to deploy carbon-neutral vessels by 2030.
28 Oct 2019
A seeming shift in philosophy among a number of key players in the container trade when it comes to orderbooks is about to change the competitive dynamics in the main deep-sea trades.
Trans-Pacific spot rates stabilize ahead of projected import bump
25 Oct 2019
Spot rates on the eastbound Pacific stabilized as carriers prepare for a possible spike in imports from China next month ahead of the next round of tariffs scheduled to take effect Dec. 15 in US-China trade war.
25 Oct 2019
Rates on Asia–Europe have edged upwards and volume on the trade continues to grow in an apparent contradiction of the gloomy trading environment.
25 Oct 2019
Imports of household products from Asia increased just 0.6 percent through August because of US-China trade war. But with China’s dominant role in that sector and number two Vietnam at capacity, there will be no significant shift in sourcing away from China.
24 Oct 2019
Forty-seven of the top 50 global transportation providers saw revenues rise in 2018, benefitting from a strong global economic growth and growing anticipation of reciprocal tariffs between the United States and China.
23 Oct 2019
The prospects of a trade deal between China and the United States, which would remove the 25 percent tariffs on agricultural goods, are still murky. But some so-called goodwill purchases by the Chinese in bulk shipments following the freezing of an escalation of US tariffs earlier this month has raised hopes for a deal.
22 Oct 2019
Impressive diversification of export markets in Europe, Southeast Asia, and South America has shielded US resin shippers from the worst effects of the trade war with China.
22 Oct 2019
Global ocean freight volume continues to grow this year, albeit slowly, despite economic slowdowns and gloomy trading conditions.
21 Oct 2019
The International Maritime Organization’s low-sulfur fuel mandate will cause all-in container freight costs to rise next year, but there is a bigger bill coming in the form of decarbonization.
21 Oct 2019
Marseilles-based CMA CGM has expanded its trade finance solutions, offering products to both importers and exporters that make use of improving supply chain visibility.
18 Oct 2019
Downward rate pressure caused by overcapacity and the wide range of fuel surcharge levels carriers are presenting to cargo owners suggests that fuel cost will become a competitive battleground in the aftermath of IMO 2020.
18 Oct 2019
A slight increase in eastbound trans-Pacific spot rates reflects final shipments that left China before Golden Week, but dozens of blank sailings already announced for October-November indicate carriers expect imports to be weak going forward.
18 Oct 2019
The spot market on Asia-Europe remained basically flat this week as carrier rate increases and capacity adjustments arrested a downward slide.
17 Oct 2019
US imports from China fell 9.3 percent in September, the fifth straight monthly decline. Coupled with 37 blank sailings for October and November, it appears peak season will end on a sour note.
El Dorado, a new tech experience at TPM20
17 Oct 2019
The two-day "El Dorado" tech experience will address the growing need among beneficial cargo owners, third-party logistics providers, container lines, ports, and other freight transportation interests to understand the true value of technology and navigate an increasingly complex landscape of vendors and emerging technologies.
17 Oct 2019
Citing environmental concerns, most carriers are rejecting the northern sea route through the Arctic as an option for container shipping, despite the commercial benefits derived from the shorter transit.
16 Oct 2019
Full scrubber-equipped strings on the Asia-Europe trade may give their carrier operators a competitive advantage over other shipping companies using higher-priced low-sulfur fuel.
15 Oct 2019
Getting containers to inland factories on time is a crucial part of the production process, and delays can cause costs to mount quickly.
15 Oct 2019
The number of blanked sailings is growing on the Asia-Europe trades as carriers sit becalmed in the slack season with no clear idea of whether to expect a pre-Chinese New Year rush.
15 Oct 2019
Although Typhoon Hagibis was the strongest storm to hit Japan in decades, carriers are reporting only minor disruptions to schedules and minimal damage to port infrastructure.
14 Oct 2019
Carriers will blank at least 37 individual sailings this month and next and suspend an entire weekly service as they attempt to stop further erosion in freight rates in the eastbound Pacific.
14 Oct 2019
Sailing withdrawals and rising utilization levels on the Asia-North Europe route are not translating into spot rate increases, suggesting carriers are again chasing market share.