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The latest
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News & Analysis
Qatar Navigation launches India-Jebel Ali feeder
India Special Correspondent |
Short-sea ship operator Qatar Navigation Lines is ramping up its feeder coverage between India and the Middle East.
Container lines
Trans-Pac carriers reaped far less from 2016 spot rates
Greg Knowler, Senior Editor Europe |
Carriers operating on the trans-Pacific earned significantly less per FEU on the spot market in 2016 than they did the year before.
Container lines
Smaller carriers crowd into trans-Pacific
Greg Knowler, Senior Editor Europe |
It will be a busy marketplace on the trans-Pacific from April as smaller carriers and the mega alliances all compete for a share of the growing US import container trade.
Container lines
Trans-Pac spot rates to signal state of carrier discipline
Mark Szakonyi, Executive Editor |
Spot rates are a barometer for how trans-Pacific service contract negotiations could fare.
Container lines
Container ship financier HSH Nordbank seeks buyer
Bruce Barnard, Special Correspondent |
HSH Nordbank, the leading financier of container ships, is up for sale.
Container lines
Eimskip acquisition spree continues
Dustin Braden, Shipper Relationship Manager |
Eimskip’s acquisition spree continued this week with the purchase of a Belgian refrigerated freight forwarder.
Container lines
Cool Cargo News
NVO spot rates, risk to trans-Pac shippers vary widely
Bill Mongelluzzo, Senior Editor |
Beneficial cargo owners that book through non-vessel-operating common carriers should be aware that spot rates can vary dramatically and those that seek the lowest rates have the highest risk.
Container lines
Trans-Atlantic growth slowing
Bruce Barnard, Special Correspondent |
The trans-Atlantic continues to slide down the container route rankings.
Container lines
Yang Ming outlines financial recovery plan
Greg Knowler, Senior Editor Europe |
Taiwanese carrier Yang Ming Line tells customers of plans to improve its liquidity and stem the tide of losses.
Container lines
Trans-Pacific spot rates stabilize as factory shutdowns near
Bill Mongelluzzo, Senior Editor |
Spot rates in eastbound Pacific stabilize at a high level as Chinese New Year approaches.
Container lines
Larger ships, weak growth to drag Asia-Med spot rates
Bruce Barnard, Special Correspondent |
The deployment of larger ships and economic weakness in some eastern markets will weigh on spot rates, according to Drewry Shipping Consultants.
Container lines
Shipping industry's failure to curb emissions risks heavy regs
Turloch Mooney, Global Ports Editor |
The group at the Danish Maritime Forum called for the establishment of an industry taskforce to come up with a plan to reduce the emissions in a unified and global context.
Container lines
Hidden costs weigh down Indian exporters
India Special Correspondent |
“India could probably be the only country to deliver nearly double-digit growth in container trade this year."
Container lines
Sale of Hanjin-controlled US terminals approved
Hugh R. Morley, Senior Editor |
A New Jersey judge allows Hanjin Shipping to sell its share of a company that operates terminals in Seattle and Long Beach
Container lines
Trans-Pac importers face rising contract rates or more risk later
Bill Mongelluzzo, Senior Editor |
Concerned about Hanjin's demise and uncertainty surrounding alliances, some BCOs will take higher rates now to ensure stability.
Container lines
Shippers big losers if US-China trade war erupts
Greg Knowler, Senior Editor Europe |
Should the US slap punitive tariffs on goods made in China, Beijing would certainly retaliate with measures of its own, heightening the prospects of a trade war.
Container lines
Transport, Trade and Regulation News
HMM charts course for efficiency, BCO loyalty
Turloch Mooney, Senior Editor, Global Ports |
In an exclusive interview with JOC.com, Hyundai Merchant Marine President and CEO C.K. Yoo lays out the plans of South Korea's largest container line in 2017.
Container lines
Chinese leader: Trade wars have no winners
Greg Knowler, Senior Editor Europe |
A trade war between the United States and China will have no winners, the Chinese president told world leaders in Davos.
Container lines
Market mania churns over OOCL takeover rumors
Greg Knowler, Senior Editor Europe |
Investors continue to trade heavily in OOCL shares amid speculation that the Hong Kong-based carrier is for sale.
Container lines
Service details of new trans-Pacific carrier emerge
JOC Staff |
SM Line will set sail without the help of an alliance.
Container lines
Samsung: Trans-Pac contracts not replicating rising spot rates
Turloch Mooney, Senior Editor, Global Ports |
The ongoing rise in trans-Pacific spot rates has so far not been replicated in contract rates for large shippers.
Container lines
CMA CGM's Singapore ops center builds on NOL takeover
Greg Knowler, Senior Editor Europe |
French line CMA CGM has followed through on its commitment to making Singapore its Asian hub with the opening of a regional operations centre in the city-state.
Container lines
Hapag-Lloyd launches 150 million euro bond
Bruce Barnard, Special Correspondent |
Bond issuance comes ahead of its merger with United Arab Shipping Co.
Container lines
Asia-Europe carriers gain bargaining edge
Bruce Barnard, Special Correspondent |
Asia-Europe container carriers are breathing a sigh of relief as traffic edged higher in 2016, despite another dull peak season, reversing the previous year’s slump.
Container lines
New alliances threaten to raise US port costs
Bill Mongelluzzo, Senior Editor |
US ports will face unprecedented operational challenges when ocean carriers on April 1 restructure their vessel-sharing alliances.
Marine terminals
Container lines
US ruling strengthens Brazil beef export push
Rob Ward, Brazil Special Correspondent |
Brazilian beef producer Minerva Foods is expanding internationally on the back of a US regulatory ruling.
Container lines
US judge holds off approving Hanjin terminal sales
Hugh R. Morley, Senior Editor |
Creditors worried they won’t be properly compensated with the sale proceeds.
Container lines
Trans-Pacific spot rates jump on tight capacity
Bill Mongelluzzo, Senior Editor |
Trans-Pacific spot rate increases again in run-up to the Chinese New Year.
Container lines
Ocean Alliance partners best placed to buy OOCL
Greg Knowler, Senior Editor Europe |
OOCL's partners in the Ocean Alliance are the most likely to buy the Hong Kong-based container line, analysts say, provided it is for sale.
Container lines
Tight Asia-Europe space steadies spot rates
Greg Knowler, Senior Editor Europe |
Spot rates on Asia-Europe are still well above last year's levels with tight space supporting prices.
Container lines
Failure of alliances to lift rates to hurt shippers long-term
Bill Mongelluzzo, Senior Editor |
If additional carriers go bankrupt, the lines that remain will quickly consolidate their power, enabling them to dictate pricing.
Container lines
Rising bunker prices to push up intra-Asia rates
Greg Knowler, Senior Editor Europe |
Steadily increasing bunker fuel prices will enable carriers on the intra-Asia trade to raise rates that are at unprofitable levels on some regional routes.
Container lines
OOCL takeover rumors spark trading rush
Greg Knowler, Senior Editor Europe |
Takeover talk has long swirled around Hong Kong-listed OOIL, parent of OOCL, and new rumors are again seeing intense trading on the local bourse.
Container lines
Maersk adds second Iranian call
Bruce Barnard, Special Correspondent |
Maersk Line has expanded its footprint in Iran by adding a second port of call.
Container lines
Eimskip faces crew strike threat
Bruce Barnard, Special Correspondent |
Eimskip is facing a strike on its container ships next week.
Container lines
Uncertainty delays Asia-Europe ocean contracting
Greg Knowler, Senior Editor Europe |
Market uncertainty is seeing Asia-Europe shippers and carriers sitting on the fence rather than at the service contract negotiating table.
Container lines
Slideshow: Top waves hitting ocean shippers in 2017
JOC Staff |
2016 was one of the wildest years in container shipping history, and with the industry in such a dynamic state, 2017 will likely hold its own surprises.
Maritime
Container lines
Forwarders see liner profitability years away
Greg Knowler, Senior Editor Europe |
Years of unprofitability lie ahead for carriers with excess capacity and low rates likely to drive further consolidation.
Container lines
Shippers prioritize risk mitigation in 2017
Bill Mongelluzzo, Senior Editor |
As a smaller number of ship lines ply the trans-Pacific, shippers may opt for higher rates to avoid risk.
Container lines
New alliances to challenge shippers
Bill Mongelluzzo, Senior Editor |
Ports, terminals, carriers, and shippers are preparing for significant challenges that will come from this spring’s shuffling of vessel-sharing agreements.
Container lines
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