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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 CMA CGM, MSC (Mediterranean Shipping Co.) and Maersk Line to smaller carriers such as Eimskip and Atlantic Ro-Ro Carriers, 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,
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Cross-industry coalition to tackle decarbonization in shipping

Vie, 09/20/2019 - 13:13
[caption caption="The Getting to Zero Coalition has set a goal of developing and deploying a commercially viable zero-emissions cargo vessel by 2030. Photo credit: Aldo91 / Shutterstock.com."][/caption]Members of the maritime, energy, infrastructure, and financial sectors have formed a new coalition that aims to lead commercial efforts to decarbonize international shipping.Supported...

Shipping emissions data quality not an excuse for inaction

Vie, 09/20/2019 - 10:30
[caption caption="Shippers need to scale up their involvement in carbon footprint reducing initiatives, and the tools to measure and reduce CO2 levels are available. Photo credit: Shutterstock"][/caption]HAMBURG, Germany — Shippers should not use doubts over data quality as an excuse to postpone taking action to reduce the carbon footprint of...

Worst-case Brexit scenario exposes deep logistics risks

Jue, 09/12/2019 - 15:51
[caption caption="The dangers of exiting the EU without a deal were brutally spelled out by the UK government in a confidential report made public this week. Photo credit: Shutterstock"][/caption]With just over a month until the UK leaves the European Union, its largest trading partner, there remains no clear indication of...

Blockchain platform TradeLens seeks ‘organizational identity’

Jue, 09/12/2019 - 09:49
[caption caption="The IBM- and Maersk-led blockchain container shipping platform TradeLens has enlisted Virginia-based Digital Bazaar in its efforts to establish \"organizational identity\" for its users. Photo credit: Shutterstock.com."][/caption]TradeLens, the global trade blockchain platform developed by IBM and Maersk, is enlisting help from a third-party solutions provider to establish what is...

Jones Act hampers US offshore wind projects

Mié, 09/11/2019 - 16:01
[caption caption="To handle a growing offshore wind market, the US will need a fleet of specialized vessels and equipment comparable to Europe’s. Credit: Fred Olsen"][/caption]Although discussed as a possible solution to the Jones Act quandary, industry experts disagree on whether the US Gulf-based fleet that services the offshore oil and...

UHL, Ocean7 team up amid strengthening MPV/HL market

Mié, 09/11/2019 - 15:48
[caption caption="A workboat is lifted aboard a UHL ship in Nantong Harbor, China. Credit: UHL"][/caption]European multipurpose and heavylift (MPV/HL) carriers Ocean7 Projects and UHL (United Heavy Lift) are opening a joint office in Bergen, Norway, the companies said Wednesday, and will be teaming up to strengthen their competitive positions in...

Asia-Europe ocean capacity cuts come under fire

Mié, 09/11/2019 - 11:59
[caption caption="Shippers complain that the often late notice given to blank sailings is hard to plan around. Photo credit: Shutterstock.com."][/caption]Blank sailings are used by carriers to manage capacity during periods of weak demand, but the inconsistencies and tardiness of canceled sailing announcements around China’s Golden Week is frustrating shippers and...

Hong Kong shippers alarmed over rising logistics costs

Mar, 09/10/2019 - 16:35
[caption caption="The Hong Kong logistics industry grew at an average of 0.6 percent per year from 2006 to 2016, according to a report from the region's Legislative Council. Photo credit: Shutterstock.com."][/caption]Rising costs in Hong Kong for everything from air freight fuel surcharges and cargo handling fees to ocean pilotage charges...

First signs of Asia-Europe low-sulfur surcharges emerge

Mar, 09/10/2019 - 11:30
[caption caption="Shippers believe prices will change rapidly amid more widespread demand for low-sulfur fuel later in the fourth quarter and are counting on greater clarity in time for 2020 Asia-Europe service contract talks with carriers. Photo credit: Shutterstock"][/caption]Asia-Europe shippers are getting their first glimpse of the additional cost per container...

Low-sulfur surcharge scope eludes Asia-Europe shippers

Mar, 09/03/2019 - 12:22
[caption caption="Limited demand for low-sulfur fuel is doing little to inform shippers of expected surcharge levels. Photo credit: Shutterstock.com."][/caption]Shippers on Asia-Europe remain unable to determine container surcharges out of the first low-sulfur fuel prices to emerge from the limited bunkering available in some hub ports.The price of low-sulfur fuel oil...

Florida freight lockdown extends to Georgia, Carolinas

Mar, 09/03/2019 - 11:28
[caption caption="Dorian hit South Florida with a glancing blow but is still on track north toward Savannah and Charleston. Photo credit: Shutterstock.com."][/caption]STUART, Florida — The east coast of Florida remains in lockdown Tuesday as Hurricane Dorian crawls north, intermittently disrupting power and communications lines. The threat from the massive storm, which...

Cosco adjusts network to shifting China trade

Lun, 09/02/2019 - 09:28
[caption caption="China Cosco Holdings, parent of China Cosco Lines and OOCL, has reported a much improved first half result. Photo credit: Shutterstock"][/caption]In response to shifting cargo flows in Asia being driven by the US-China trade war, Cosco Shipping Holdings has altered its network to capitalize on increased sourcing from Southeast...

Sponsored Video: Panalpina, EVP, Peder Winther on maintaining growth among geopolitical challenges

Vie, 08/30/2019 - 15:59
Sponsored: Like most members of the global maritime industry, Switzerland-based Panalpina is weathering challenging geopolitical times, while at the same time continuing to grow its supply-chain solutions and managing the costs of doing business. In this interview, Peder Winther, Executive Vice President and Global Head of Ocean Freight, is explicit...

New round of blank sailings expected on Asia-Europe

Vie, 08/30/2019 - 11:20
[caption caption="Shippers can expect carriers to soon announce a new round of blank sailings on the Asia-North Europe trade to match capacity with weakening demand. Photo credit: Shutterstock.com."][/caption]The peak season carrier strategy of rate increases and blank sailings on the Asia-North Europe trade is beginning to lose steam as slowing...

Sailing to the zero-emission future

Vie, 08/30/2019 - 11:19
Greenland is melting. The Amazon is on fire. And Monaco royal Pierre Casiraghi’s racing yacht sailed across the Atlantic en route to the United Nations Climate Change Summit in New York. Greta Thunberg, the young Swedish climate activist, and her father accepted the unconventional ride to travel with zero emissions.Ms. Thunberg,...

WWO latest charged in Australian ro-ro probe

Vie, 08/23/2019 - 12:27
[caption caption="WWO is the latest carrier to be charged in Australia’s ongoing probe into alleged cartel activity involving ro-ro deliveries between June 2011 and July 2012. Photo credit: Shutterstock.com."][/caption]Norwegian carrier Wallenius Wilhelmsen Ocean has become the latest shipping company to be charged in Australia with alleged cartel conduct involving ro-ro...

Major container lines to study alternative fuels

Vie, 08/16/2019 - 09:42
[caption caption="The World Shipping Council wants to channel ideas and possibilities for a zero-carbon alternative shipping fuel through a new IMO research group. Photo credit: Shutterstock.com."][/caption]The World Shipping Council (WSC) is proposing the setting up of an international research board under the International Maritime Organization (IMO) that will direct and...

Major container lines to study alternative fuels

Vie, 08/16/2019 - 09:42
[caption caption="The World Shipping Council wants to channel ideas and possibilities for a zero-carbon alternative shipping fuel through a new IMO research group. Photo credit: Shutterstock.com."][/caption]The World Shipping Council (WSC) is setting up an international research board under the International Maritime Organization (IMO) that will direct and fund research and...

Maersk boosts profits, warns of tariffs slowing trade

Jue, 08/15/2019 - 07:37
[caption caption="Maersk has reported gains in revenue, rates, and utilization as its march to greater profitability continues. Photo credit: Shutterstock"][/caption]Maersk’s focus on profitability ahead of gaining volume and market share has shown through in its second quarter results. The carrier increased average rates, improved its operating margins, trimmed unit costs...

HMM cuts losses, warns of South Korea-Japan tensions

Mié, 08/14/2019 - 12:10
[caption caption="HMM has improved its operating losses in the second quarter, but a lengthening list of regional and global trade losses are not making its march to profitability any easier. Photo credit: Shutterstock"][/caption]HMM continues to search for profitability, recording a second quarter loss of $93 million despite making significant progress...

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