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

23 Nov 2022
The expanding platform provided by shippers seeking green transport has allowed Maersk to ramp up its ocean sustainability efforts, with greening landside logistics the next target.
23 Sep 2022
Executives at Wan Hai Lines and Mediterranean Shipping Co. foresee softer trans-Pacific container volumes for the last quarter of 2022 as consumers pull back on spending.
23 Sep 2022
A vigorous blank sailings program on the Asia-North Europe trade lane has yet to stem the rapid decline in spot rates that have fallen more than 50 percent since Jan. 1.
22 Sep 2022
The growing popularity of “China-plus-one” sourcing strategies is working to India’s benefit, sending trade between the US and India to record highs as shippers seek to diversify their supply chains.
20 Sep 2022
CMA CGM will deploy six vessels with an average capacity of 2,000 TEU on its new Medgulf loop between the ports of Houston and Miami and the Mediterranean.
20 Sep 2022
With prices on east-west routes out of Asia in freefall, high rate levels on the trans-Atlantic is encouraging carriers to shift capacity into the westbound trade, putting those rates under pressure.
19 Sep 2022
The move to allow for transshipment cargo from Bangladesh via barge and short-sea container ships builds on a previous carve-out for cross-border trucking and rail services.
19 Sep 2022
In the third detention and demurrage complaint against Hapag-Lloyd in the past year, Orange Avenue Express alleged the ocean carrier charged $258,000 in detention for containers that could not be returned due to port congestion.
16 Sep 2022
The Port of New York and New Jersey has seen an uptick in empty container sweeps by ocean carriers after its decision to impose a tariff aimed at empty boxes lingering in the region.
16 Sep 2022
Maersk said feeder services connecting via Panama, northern Brazil, and the Caribbean were full and cargo was being rolled, although the carrier expected the situation to improve this month.
15 Sep 2022
US imports from Asia remained strong through August despite container shipping indicators normally associated with a drop in cargo volumes.
15 Sep 2022
Hapag-Lloyd insists that its core ocean container focus remains in place despite acquiring a significant stake in an Italian logistics company.
14 Sep 2022
The trans-Pacific accounted for 18 percent of Wan Hai’s total liftings in the first half of the year, up from 12 percent in the year-ago period.
14 Sep 2022
There is no longer structural support for historically high ocean rates, although the softening taking place now is more of a market correction and not yet a true downturn, writes JOC analyst Lars Jensen.
14 Sep 2022
 US agriculture shippers still face challenges and elevated costs in reaching overseas markets due to unexpected billing from ocean carriers and uncertain vessel schedules.
13 Sep 2022
Carriers and their customers say they will not rush into contract negotiations this fall as they did last year, but rather wait for the volatility in the trans-Pacific to dissipate and the direction of the US economy to become clearer.
13 Sep 2022
An eight-month probe into Australia's maritime industry was launched after complaints by shippers into soaring freight rates and ancillary fees.
12 Sep 2022
Vessel capacity freed up from easing congestion, combined with the sheer size of the orderbook, will be difficult for carriers to manage in a weakening demand environment, shipping association BIMCO says.
09 Sep 2022
Ocean carriers are trimming trans-Pacific vessel capacity amid weakening market fundamentals, but the traditional slowdown from China’s Golden Week is likely at play as well.
09 Sep 2022
A mandated “container available” data element related to demurrage fees is largely not being complied with yet as the shipping industry grapples with the immediate implications of OSRA-22.
09 Sep 2022
Production of green fuels will ramp up quickly as soon as viable alternative energy sources are found, but only if the right legislation is in place to attract investment critical for infrastructure and R&D, says Maersk.
09 Sep 2022
Comparing the productivity of diversified third-party logistics providers is an imperfect science, but measuring a 3PL’s revenue per employee is one key metric.
08 Sep 2022
There are growing expectations among analysts and NVOs that weakening US import demand and tumbling spot rate levels will trigger a new round of blank sailings.
08 Sep 2022
Maersk has stopped accepting inland point intermodal freight for Fort Worth due to inland rail ramp congestion that has resulted in severe delays in the retrieval of import cargo.
08 Sep 2022
Demand for refrigerated warehousing space is expected to remain strong despite flagging reefer volumes and a slowing US economy.
07 Sep 2022
While US retailers downgraded their forecast for year-over-year monthly import declines, they nonetheless remain bullish on growth in retail sales.
07 Sep 2022
A contract is a contract — and needs to be respected by both parties regardless of spot rate movements — according to Hapag-Lloyd's CEO.
06 Sep 2022
The recently ample supply of equipment has cut the price of new 40-foot containers by about 20 percent since late last year, and the price could soften further into 2023, according to Drewry.
06 Sep 2022
There is still no silver-bullet carbon-neutral fuel solution available to the shipping industry, but the cost implications of decarbonizing the global maritime industry are becoming clearer, says DNV.
05 Sep 2022
CMA CGM is reinvesting the bulk of its earnings in acquisitions and decarbonization as the carrier’s profitability continues to grow, even as its CEO warned that the downturn in container shipping has begun.
02 Sep 2022
Just days after dockworkers at the UK’s largest container port ended a strike, laborers at the Port of Liverpool set the dates for their own walkout, the latest industrial action hitting Europe amid a deepening cost-of-living crisis.
02 Sep 2022
Technology intended to help shippers and forwarders manage arrival notice information might be the solution that federal regulators are seeking to bridge data gaps from carriers and terminals.
01 Sep 2022
This year will mark the peak of container shipping profitability, with carriers entering an unavoidable downturn in the markets, according to global bank HSBC.
01 Sep 2022
Shippers using Hazira have been hit by serious schedule reliability issues as carriers often blank calls to the port to cover delays at other ports and maintain a weekly sailing frequency.
31 Aug 2022
A huge increase in profitability by Cosco Shipping Holdings will be channeled into shareholder pockets over the next three years, the state-owned carrier has told investors.
30 Aug 2022
Post-production inventories in Europe increased at the sharpest pace in more than 25 years as weakening demand leaves firms battling to sell finished products.