Maritime News

Maritime News

The latest maritime news covering all aspects of the maritime industry including ports, container, and breakbulk lines, ships, ship chartering, and the evolution of shipping technology. From Maersk Line to Grimaldi, JOC.com covers the largest and smallest container lines with unequaled intelligence, data, insights, and analysis.

Webcasts

2019 Breakbulk and Heavy-Lift Outlook
Jan 24, 2019 2:00PM EST
2019 Container Shipping Outlook
Feb 14, 2019 2:00PM EST

Commentary

News & Analysis

20 Dec 2018
ONE has cemented its Asia headquarters in Singapore and will gain greater control of its volume in a joint venture terminal deal in the Lion City.
Maersk SeaLand.
27 Nov 2018
Resurrected by Maersk three years ago as a regional operator, SeaLand has gone global, and the result is SeaLand Americas, SeaLand Asia, and SeaLand Europe and Med. However, the rebrand does not change the three’s operational strategies.
27 Nov 2018
The low water in German rivers will not improve before Christmas, something that's likely to frustrate shippers trying to move containers in and out of northern Europe.
Kingston Freeport Terminal.
26 Nov 2018
The merits of Caribbean ports’ terminal overbuild depends on one’s stake. It's good news for container lines considering hub options in the Caribbean Basin but bad news for terminal operators seeking to entice them.
23 Nov 2018
Log-In operates six container vessels — between 1,700 TEU and 2,800 TEU, of which four are owned — along the Brazilian, Uruguayan, and Argentine coastlines.
23 Nov 2018
It has been a good third quarter for the container shipping industry, with significant increases in revenue and volume preventing high fuel prices from doing too much damage to most of the financial results.
23 Nov 2018
Rates on the mainland China-US trade took a tumble for the first time in weeks, ending a rally in prices that have lasted well past the end of the traditional peak season.
Hapag-Lloyd.
21 Nov 2018
The ocean carrier expects its Strategy 2023 plan will result in substantial cost savings through a focus on improving quality for customers, selective global growth, and a targeting of customers prepared to pay more for better service.
A short-sea container ship.
21 Nov 2018
The trial program applies to Bangladeshi goods transiting through the border checkpoint at Petrapole — known as a “land customs station (LCS)” — for transshipment via the ports of Kolkata and Nhava Sheva-JNPT.
Red Hook Terminal, New York, United States.
20 Nov 2018
Red Hook, the port’s smallest terminal, believes barges can help alleviate the expected pressure on the port’s four main, New Jersey-based terminals and also reduce the New York metropolitan area’s truck congestion.
A freight train in China.
20 Nov 2018
The network has evolved from a series of single shipper-driven services to more than 50, and a unique rail advantage, along with growing national economies, is at the core of the uptrend.
Port of Long Beach.
19 Nov 2018
The sale could be one of the largest terminal deals ever, dwarfing the $2.4 billion sale of OOIL's terminals on the US East Eoast and in Vancouver, Canada, in 2006.
19 Nov 2018
THE Alliance of Hapag-Lloyd, Yang Ming, and Ocean Express Network will be relocating its trans-Atlantic operations from Bremerhaven to Hamburg, a move that Alphaliner has estimated will be worth a substantial number of TEU per year.
Port of Los Angeles.
16 Nov 2018
The US imports surge from Asia since mid-summer is due largely to savvy capacity management by carriers individually and through vessel-sharing alliances. However, retailers’ front-loading of imports to stay ahead of tariffs on mainland China led to an earlier-than-expected peak-shipping season this summer and now to fast-forwarding of spring merchandise.
Rotterdam port at sunrise.
16 Nov 2018
Those who want to end the legal framework exempting liner shipping consortia from European Union antitrust rules say it would increase competition and therefore shipper choice. But this is an instance where the solution may ultimately lead to an outcome that’s worse than the current condition.
Port of Oakland.
16 Nov 2018
The administration Thursday announced the appointment of Daniel Maffei, whose five-year term expired in June, and Louis Sola, who has served on the Florida Board of Pilot Commissioners, and is president and founder of Evermarine, a major yacht dealer, for Federal Maritime Commission positions.
Activists block JNPT 16 Nov. 2018.
16 Nov 2018
Activists ended their JNPT shutdown action in the late afternoon Friday, after port and other stakeholders held talks with demonstrators.
A modern/new-design container ship.
15 Nov 2018
Rather than developing a platform, the ocean carriers involved are taking another approach to try to achieve the goal of common information technology standards.
A truck travels in Mexico.
15 Nov 2018
Anti-crime experts, in a 2018 advisory and intelligence report, had a specific point of advice for cargo owners, and it’s a change from an anti-theft stance most likely deployed by many owners.
Heavy lift ship.
14 Nov 2018
Many project shippers have reported a lack of clarity regarding contracts extending into or beyond 2020; these clauses will help set the stage for the IMO 2020 transition.
The Port of Oakland.
14 Nov 2018
Rising operating costs that are siphoning off profitability will see carriers having a much greater hold on capacity going into what is looking like a volatile 2019.
Maersk Line.
14 Nov 2018
The third-quarter earnings of Maersk and HMM, released Wednesday, send a warning to the container shipping industry of the challenge in recouping higher bunker fuel costs — a challenge that will only increase further when the global low-sulfur fuel rule takes effect.
A container ship.
13 Nov 2018
In addition to survey responses, the Jones Walker study offered several cyber-defense recommendations.
SM Line.
13 Nov 2018
“There is no will or reason to merge the two companies. SM Line will continue to build its own business models and we will do our part to survive in the market independently,” said SM Line CEO Kim during a meeting at the company’s headquarters in Seoul.
Nhava Sheva India Gateway Terminal (NSIGT).
13 Nov 2018
Mediterranean Shipping Co. will lead a revamped, upsized weekly route connecting India, the Middle East, and the Mediterranean, under a vessel-sharing agreement with CMA CGM and Cosco Shipping Lines.
Container at the Port of Los Angeles.
13 Nov 2018
Research earlier this year by Drewry Supply Chain Advisors found that large shippers face ocean freight invoicing inaccuracy rates of 2 to 5 percent, while smaller shippers face rates as high as 30 percent.
Container ship bunkering.
12 Nov 2018
Rising volume and revenue by shipping lines — often double-digit increases year over year — has not been accompanied by rates rising to levels that are able to offset the effects of steadily escalating bunker fuel costs.
12 Nov 2018
Sponsored: The development of smart containers will shape the future of the container shipping industry, said MSC's Maurizio Aponte, who discussed data standardization, partnering with platform providers, and the mechanics of smart container operations.
Mundra Port.
12 Nov 2018
With the cabotage relaxation, implemented May 21, foreign-flag carriers can transport laden export/import containers for transshipment and empty containers for repositioning between Indian ports without any specific permission or license.
JNPT Bharat Mumbai Container Terminals credit PSA India
11 Nov 2018
Cosco will shift its intra-Asia CI-1 (mainland China-India) service from APM Terminals’ Gateway Terminals India (GTI) to PSA’s new Bharat Mumbai Container Terminals, with a major revamp.
09 Nov 2018
Some are predicting a continuation of peak season-like conditions — marked by record high spot rates and space restrictions — not just through the end of the year but continuing until the Chinese New Year holiday beginning in early February.
09 Nov 2018
State-owned Korea Development Bank, the primary lender and shareholder of HMM, is hardening its attitude towards the loss-making carrier.
Digital bill of lading.
09 Nov 2018
Efforts to digitize the bill of lading that must accompany each shipment, whether on an ocean vessel or tractor-trailer, aren’t necessarily new, but they’re gaining ground in an era of e-commerce and tight capacity.
08 Nov 2018
Hapag-Lloyd became the latest example of how rising volume and revenue is being thoroughly eroded by increasing bunker fuel prices.
Port of Los Angeles.
08 Nov 2018
Some are predicting a continuation of peak season-like conditions not just through the end of the year but continuing until the Chinese New Year holiday beginning in early February. Beyond that, two sector variables will determine the extent of anticipated first-quarter weakness in spot rates.
Eric Johnson, Senior Technology Editor, JOC Logistics Tech Conference.
07 Nov 2018
Blockchain is one of the most-often discussed topics in the shipping industry. Proponents argue it has the potential to transform shipping and supply chain management, among many other uses. JOC senior technology editor Eric Johnson provided a primer on the subject at the recently completed JOC Logistics Technology Conference in Las Vegas.