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

03 Dec 2021
Liner carriers find themselves in the unusual position of having cash to both repay debt and invest in a range of ways, from new ships to technology to strategic acquisitions.
05 Nov 2021
The current decarbonization framework for global shipping will fall way short of 2050 targets and requires significant investment in zero emission technologies backed by government, shipping executives say.
04 Nov 2021
Port congestion at major European hubs and supply-side disruption across the regional logistics chain continues to put the brakes on factory production.
03 Nov 2021
The National Industrial Transportation League wants maritime regulators to clarify whether the new Southern California port fees would fall under rules on demurrage if container lines pass them on to shippers and consignees.
03 Nov 2021
The World Shipping Council is keeping the pressure on the European Union to reduce the scope of its emissions cap-and-trade system to cover only voyages within the region.
03 Nov 2021
Container lines say the unexpected announcement of a new port tariff targeting excessive container dwells In Southern California is the latest example of being unfairly targeted by politically driven and commercially unviable directives.
03 Nov 2021
CMA CGM is reinvesting record profits by regaining full control of a terminal in the most congested port complex in the world.
02 Nov 2021
Maersk reported a record quarterly result as the heavily disrupted container shipping market pushes shippers to lock in contract rates on the major trades rather than brave the soaring spot market.
01 Nov 2021
Hapag-Lloyd said its 2021 operating profit will be as much as $4 billion higher than previously forecast due to the large gains in freight rates.
01 Nov 2021
Current problems in container shipping require plenty of attention, but market participants should consider devoting more effort into planning for new challenges waiting just around the corner, JOC analyst Lars Jensen says.
29 Oct 2021
Despite the massive profit and revenue gains, Cosco said port congestion, a shortage of containers, and inland transport delays continued to provide challenges.
29 Oct 2021
Ocean Network Express is forecasting record net profit for its current fiscal year while navigating supply chain congestion and voyage delays.
28 Oct 2021
Mediterranean Shipping Co. and Ocean Network Express are adding Oakland calls to their Asian services as the vessel congestion at the port abates.
28 Oct 2021
In seeking formal approval for a new “emergency storage fee” from harbor commissioners, the ports of Los Angeles and Long Beach are expected to explain how they would implement the fees, as carriers lobby the ports to delay the Nov. 1 start.
27 Oct 2021
Container ship schedule reliability remains at or near all-time lows across the globe as the US import boom means more ships are stuck at anchor and cannot arrive on time.
27 Oct 2021
The pathway to decarbonization for the polluting shipping industry was outlined in several reports released on the eve of the COP26 global climate change summit in Glasgow.
26 Oct 2021
Despite a drop in total US containerized resin exports during the first seven months of 2021, volumes through Charleston, Virginia, and Savannah increased thanks to new packaging plants in those areas.
22 Oct 2021
International air freight and last-mile delivery saw the fastest revenue growth in the transportation sector last year, while industrial transportation suffered.
22 Oct 2021
Zim is pivoting from its strategy of chartering vessels, rather than owning them, scooping up seven secondhand vessels for $320 million in total, a sign of just how intense the global scramble for capacity has become.
22 Oct 2021
With container carriers diverting calls away from congested ports in India, exporters looking to take advantage of peak season demand have been forced to reconfigure their shipment plans.
21 Oct 2021
The inauguration of HMM’s Far East-India-Latin America service comes as freight rates between Asia and Brazil are at a record high of around $13,000/FEU.
21 Oct 2021
The regulatory requirements governing the shipping of dangerous goods make their handling more complex, which shippers believe is behind growing difficulties in securing equipment and space on vessels.
20 Oct 2021
FourKites is helping its customers tackle the management of detention and demurrage charges through a dashboard that help them prioritize containers likely to incur free time fees.
20 Oct 2021
Anyone trying to read into recent activity in freight rate indices should be careful to distinguish between what they would like to see and what they might actually be seeing, JOC analyst Lars Jensen says.
20 Oct 2021
Drewry said it will take about a half year longer than previously thought for container markets to be restored to a better balance.
19 Oct 2021
Container leasing companies question the cost efficiencies of retailers leasing containers and chartering ocean vessels and suggest retailers work with ocean carriers.
19 Oct 2021
In a move aimed at accelerating the decarbonization of global shipping, some of the world’s mega shippers have signaled their intention to work only with carriers and logistics providers that support their zero-carbon targets.
18 Oct 2021
An early Chinese New Year and shippers trying to get ahead of the growing Asia-North Europe port congestion could push up demand and freight rates through December.
18 Oct 2021
The White House’s intervention to resolve port bottlenecks in Southern California faces steep challenges that will require coordinated action from terminals, truckers, and distribution centers effectively acting as an integrated system.
15 Oct 2021
The average cost to ship an FEU from India’s main container ports to the US East and West coasts is now hovering near $14,000 for low-volume customers.
14 Oct 2021
Worsening port congestion is forcing western governments to realize that strong infrastructure is crucial to global trade and that migration rules need to be eased in order to fill supply chain jobs.
14 Oct 2021
Mediterranean Shipping Co. (MSC) has standardized the code for all the container facilities it uses globally, the first carrier to use a facility code format developed in part by the Digital Container Shipping Association.
13 Oct 2021
The congestion at North European hub ports is growing despite relatively flat volume growth compared to pre-pandemic 2019.
08 Oct 2021
Cosco Shipping told shareholders to expect a major increase in third-quarter and nine-month profitability thanks to the surge in freight rates and high demand.
08 Oct 2021
Third-quarter operational results from OOCL provide an early indication that carriers are firmly on course to reporting another highly profitable period in what will be a record-breaking financial year.
08 Oct 2021
A new routing through Jebel Ali builds on a string of additional capacity deployments by foreign mainliners active out of Indian trades, with the US route being the most sought-after bet.