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

17 Aug 2022
Eastbound trans-Pacific spot rates won’t find a floor until capacity loosens up through the unwinding of US port congestion, the CFO of carrier Zim told JOC.com.
18 May 2022
Intra-Asia carriers are posting record first-quarter profits, stepping into a profitable void left by mainline carriers who redeployed capacity to more lucrative east-west trades.
17 May 2022
Fresh Del Monte is offering slots and logistics services to other companies as the fresh produce shipper sees an opportunity to use six new vessels to drive logistics services.
17 May 2022
Hapag-Lloyd's sensor initiative is aimed at maximizing the use of its container fleet in an environment where global port congestion has reduced the number of turns each box makes on an annual basis.
17 May 2022
Top carriers operating out of India have revived no-show container fees, which range between $100 and $400 per box but can go as high as $1,000 for low-volume spot customers.
16 May 2022
Reefer equipment for European exporters is in short supply as the refrigerated shipments compete for carrier attention with less complex and higher-priced dry containers.
13 May 2022
Container line earnings continue to hit record highs for the first quarter, with HMM the latest carrier to report a highly profitable start to the year.
12 May 2022
Uncertainty surrounding the timing and speed at which Shanghai’s logistics sector will fully reopen after COVID lockdowns is making it difficult for US shippers and forwarders to plan for the second half of the year.
12 May 2022
The new director of the Port of New York and New Jersey said Shanghai’s COVID-19 lockdown is not causing any slowdown at the port because of an increasing number of containers from South Asia and the Indian subcontinent.
12 May 2022
With elevated contract rates already locked in, Hapag-Lloyd says a deteriorating spot market will not be enough to prevent another year of record profitability for the carrier.
11 May 2022
There is ample evidence that shippers during the COVID-19 pandemic have torn up the supply chain playbook that served them effectively for years, but questions remain over whether those changes will be permanent.
11 May 2022
The share of US imports from China compared to all Asia imports plunged roughly 6 percentage points between February and April amid COVID-19 lockdowns in Shenzhen and Shanghai.
10 May 2022
The presence of container shippers at JOC’s recent breakbulk conference shows that while global container volumes are slowing, plenty of logistics managers are concerned enough about future capacity on US trades.
09 May 2022
Honour Lane’s sale of a majority stake in the company comes at a time when NVOs are gaining ground in the trans-Pacific versus direct carrier contracts and looking to create more integrated offerings.
09 May 2022
US retailers are moving shipments forward in a bid to build inventories before inflation drives prices too high and weakens consumer spending.
09 May 2022
China’s COVID lockdowns, the war in Ukraine, soaring energy prices, and declining global container volumes are muddying the trade outlook waters this year.
06 May 2022
California’s two senators are pushing ocean carriers to provide more export containers to stem billions of dollars in losses they say the state’s agricultural industry has suffered recently.
05 May 2022
Amid heightened scrutiny from Washington, US regulators want the three major container shipping alliances to report more detailed information on pricing and capacity deployment on services in which they share slot capacity.
05 May 2022
For the second time in two weeks, a container line has been assessed a US civil penalty for collecting detention fees last year when it allegedly did not provide drayage providers with a means to return empty containers.
04 May 2022
Hapag-Lloyd’s investment in container tracking hardware has visibility providers hoping to capitalize on better container location data to feed to their shipper customers.
04 May 2022
Chinese exporters could produce another trans-Pacific bullwhip when stalled shipments start moving again, with major stakeholders warning of a surge of delayed shipments.
04 May 2022
Maersk has most of its capacity locked in under annual or multi-year deals, which company executives believe will drive continued profitability even with falling spot rates and slowing demand.
04 May 2022
Beyond COVID, it’s time to start thinking about coming developments in ocean shipping, including the potential breakup — and reassembly — of the container carrier alliances, writes JOC analyst Lars Jensen. 
03 May 2022
In the first four months of 2022, fewer than half of ocean freight contracts signed across 13 major trade lanes have been annual in duration, as shippers try new procurement strategies to wade through constrained vessel capacity.
03 May 2022
The number of LNG-powered dual-fuel vessels ordered by major carriers has risen sharply in the past year, but so has opposition from environmental groups that say the newbuilds will lock in fossil fuel production for decades.
03 May 2022
The new fiscal year has gotten off to an uneven start for Indian exporters, who are contending with port omissions and schedule rerouting on major strings to Europe and the US.
02 May 2022
Given recent challenges with connections via Colombo in Sri Lanka, carriers are turning to new transshipment options on India’s west and east coasts.
29 Apr 2022
Hapag-Lloyd's move to equip its entire box fleet with sensors could herald a new era that unlocks new tools beyond mere visibility for carriers, even if tracking devices aren’t a cure-all for shipper supply chain woes.
29 Apr 2022
Mediterranean Shipping Co. has added Philadelphia to its weekly service from India amid strengthening freight rates to the US East Coast.
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.