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

06 Dec 2021
There has been no end-of-year slowdown for spot rates on the Asia-Europe container trade lane as market disruption keeps upwards pressure on prices.
12 Aug 2021
Maersk has shifted its call at Jawaharlal Nehru Port Trust (JNPT) on the India/Middle East–Mediterranean ME2 service to the PSA-operated BMCT after increasing vessel capacity on the loop to an average of 10,000 TEU.
11 Aug 2021
Mediterranean Shipping Co. is adding a new string connecting India with the US and revising its two existing loops to capitalize on growing demand in the capacity-constrained trade.
10 Aug 2021
The Tuesday introduction of a bill that would significantly change US shipping law for the first time in two decades drew sharp fire from container lines, who argue the legislation is infused with “unfairness” that risks making imports and exports more expensive.
09 Aug 2021
While some shippers are facing extreme rate increases to the point of making their business unviable, data shows the majority of cargo being shipped is not facing the extremes of spot market gains, according to JOC analyst Lars Jensen.
09 Aug 2021
The head of India’s container shipping lines group says carriers have pulled out all the stops to improve equipment flow and vessel capacity, noting that supply challenges have been compounded by congestion across international hub ports.
06 Aug 2021
OOCL has launched a first-of-its-kind, multi-modal service that will use the Asian land bridge and rail to transship to US East Coast ports.
06 Aug 2021
Another quarter, another record-breaking result for Maersk, which is using the earnings momentum to accelerate its transformation strategy from carrier to integrator.
06 Aug 2021
Maersk’s acquisition of a US parcel logistics provider and its plan to acquire a European-based provider provide the missing links in the container’s line strategy to offer shippers end-to-end solutions from Asian factory floor to final delivery.
05 Aug 2021
Waiting for relief from record high spot rates is no longer an option for many shippers with no end in sight to the high demand, tight supply, and congested ocean trades holding up prices.
05 Aug 2021
A US importer’s complaint to US regulators of not getting trans-Pacific service contracts honored underscores how cargo demand and diminished efficiency leading to tighter capacity across all modes including ports is creating conflicts with carriers over agreed contracted volume allocations.
04 Aug 2021
Federal maritime regulators have ordered eight container lines to provide details showing how port congestion surcharges meet legal and regulatory requirements, the latest escalation in increased US oversight of container shipping.
04 Aug 2021
Congested Asia-US ocean supply chains have left shippers battling to match import levels with high consumer demand.
03 Aug 2021
The specter of Yantian is hanging over China’s manufacturing industry as a new series of stay-at-home orders is issued to tackle the fast-spreading new COVID-19 variant.
02 Aug 2021
Maersk upgraded revenue and profit expectations for the full-year 2021 as it sees a better-than-expected demand for trans-Pacific shipping.
02 Aug 2021
Ocean Network Express reported 100 percent utilization on its major trades out of Asia, with the rising rate levels contributing to significantly improved profitability.
02 Aug 2021
Given the serious nature of the current problems in container shipping, it is important to focus on the underlying structural issues and not be laid astray by the more sensationalist facts.
02 Aug 2021
Given the serious nature of the current problems in container shipping, it is important to focus on the underlying structural issues and not be laid astray by the more sensationalist facts.
01 Aug 2021
A formal complaint from a US home goods importer to maritime regulators is the first of its kind since the COVID-19 pandemic began and speaks to a growing sentiment among shippers and some forwarders that container lines have unfairly taken advantage of the resulting disruption.
30 Jul 2021
Matson said the trans-Pacific continues to see high demand coupled with congestion at load ports, adding that all its premium services look to be nearly full through the first quarter of 2022.
30 Jul 2021
Hapag-Lloyd's huge increase in profitability through the first half is likely to be followed by all the major carriers as earnings season gets under way.
30 Jul 2021
ECU, the largest global LCL consolidator, has expanded its footprint over the past decade through acquisition and organic growth, the latter driven in recent years by rising consumer e-commerce demand.
29 Jul 2021
The average price to ship an FEU from Shanghai to Los Angeles hit an all-time record, according to the Drewry World Container Index, and container lines will begin levying another round of surcharges starting as early as Aug. 1.
29 Jul 2021
The giant container ship that found itself in a global media spotlight for all the wrong reasons has finally reached the Dutch hub of Rotterdam.
28 Jul 2021
FMC Commissioner Rebecca Dye on Wednesday made recommendations on how Congress and the agency itself can beef up its enforcement of unlawful detention and demurrage.
27 Jul 2021
The reopening of the US and European economies after last year’s COVID-19 lockdowns spurred a resurgence in the trans-Atlantic container trade as business activity in two of the world’s largest economies showed better than expected growth in May, with increases concentrated at US ports that have undergone major expansions.
27 Jul 2021
Expectations are that reliability is likely to fall further in the coming months as carriers add new services and deploy extra-loader vessels to meet peak season demand that arrives amid the never-ending onslaught of imports from Asia.
23 Jul 2021
North American companies are signaling that they will need to build up larger inventory buffers to meet strong US consumer demand, something that will keep up pressure on ocean freight.
23 Jul 2021
Rising EU imports are placing growing pressure on the regional supply chain, but European businesses fear the COVID-19 Delta variant poses “a major risk” to the regional economic outlook.
22 Jul 2021
The Biden administration is wading into ocean regulatory waters via an executive order, upping pressure on maritime regulators to crack down on illegal behavior and work more closely with the Department of Justice.
21 Jul 2021
US retail inventories as a percent of sales sits at an all-time low, but many importers and shippers are getting priced out of restocking because of high ocean freight rates.
21 Jul 2021
Forwarders say US importers of lower-value cargo from Asia and those with low margins are increasingly priced out of the trans-Pacific market as peak season volumes further tax the shipping system.
21 Jul 2021
A liner-led consortium aimed at using blockchain to digitize key container shipping processes has launched a cargo release product in China.
20 Jul 2021
US maritime regulators have told the top container lines operating in the United States to open up their books for an audit of how they assess storage charges amid increased pressure from Congress and the White House to crack down on unreasonable detention and demurrage fees.
19 Jul 2021
Congestion across North Europe ports is forcing short-sea operators to deploy significantly more capacity just to maintain schedule reliability.
18 Jul 2021
A bill expected to be introduced in Congress in August would drive a sweeping bipartisan overhaul of US shipping law if passed.