Minimalist News

AI Summary

European Energy’s Kassø Power-to-X plant in Denmark has commenced e-methanol production, marking a significant step in the development of green fuels for shipping.
The International Maritime Organization's Secretary-General expressed deep concern following a missile strike in Odesa, Ukraine, that resulted in the deaths of four seafarers, highlighting ongoing violence against maritime workers.
The Baltic Exchange has incorporated biofuel blends into its FuelEU Maritime compliance cost calculator, aiding stakeholders in navigating the regulations related to green fuel options.
Prices for high and low sulphur marine fuels have experienced fluctuations, with recent decreases observed in major ports such as Singapore and Rotterdam, while some areas, like Fujairah, have noted increases.
CMA CGM has announced a $20 billion investment plan to enhance U.S. maritime transport and logistics, underlining significant commitments towards infrastructure development in response to evolving industry demands.

JOC Maritime

Tariff uncertainty prompts US retailers to downgrade spring import forecast joc.com 4 hours ago
The National Retail Federation now says it expects a downward shift in the second quarter as importers face challenges from tariffs and elevat…
Tariffs, USTR uncertainty cloud Zim’s outlook after banner 2024 joc.com 5 hours ago
Zim’s decision to keep more capacity available for spot rather than contract business on the trans-Pacific allowed it to capitalize on the exp…
Container shipping facing a mix of challenges both old and new joc.com 10 hours ago
While the 15-month-old Red Sea crisis is ever present, ocean carriers and their customers are also now navigating the vagaries of the trade po…
India-Europe liners abruptly drop rates amid weakening cargo prospects joc.com a day ago
After raising rates in anticipation of higher volumes, several top carriers have now dropped spot booking rates from West India to North Europ…
Proposed US tax on Chinese ship calls could pressure intermodal networks joc.com a day ago
Reshuffling port calls because of a potential Trump administration fee on Chinese-built and -operated ships would place additional strain on t…
Hutchison deal shows thirst of big carriers to control global terminal assets joc.com a day ago
As a top tier of mega carriers has emerged through consolidation and organic growth, so has the need of those carriers to align their dominanc…
Houthi militants threaten to restart attacks on Red Sea shipping joc.com 2 days ago
The threat underscores the fragility of the Red Sea security situation and the reluctance of ocean carriers to return to Suez Canal transits u…
Hapag-Lloyd’s ports arm buys majority stake in Le Havre terminal joc.com 2 days ago
Having control over port operations has become a key element of container shipping that enables the fast turnaround of ships and improved sche…
FourKites’ exit from Gartner visibility assessment highlights evolving market joc.com 5 days ago
The visibility market has bifurcated into standalone vendors too small to be captured by Gartner’s “Magic Quadrant” report and larger vendors …
Shipper ‘bill of rights’ takes aim at ocean carrier accountability, transparency joc.com 5 days ago
The so-called Ocean Shipper Bill of Rights was distributed by the National Industrial Transportation League at the conclusion of the Journal o…
Big Hutchison deal could reshuffle global ports network: Drewry joc.com 5 days ago
European governments and the European Commission will carry out regulatory reviews to assess the level of market concentration MSC will have w…
TPM25: West Coast rail dwells need to improve to avoid cargo loss: terminals joc.com 5 days ago
Across all the terminals in Los Angeles and Long Beach, average rail dwell times peaked at just under 10 days in October, according to the Pac…
Ro/ro operators eye Sri Lanka trade boost as vehicle import ban lifted joc.com 6 days ago
The arrival of the first vehicle imports in five years has sparked renewed interest in the country’s auto shipment potential.
CMA CGM to invest $20 billion in US shipping, ports and logistics joc.com 6 days ago
The carrier’s investment, announced while its chief executive met at the White House with President Donald Trump, comes amid heightened politi…
TPM25: Carriers, shippers face year of turmoil and uncertainty joc.com 6 days ago
Analyst Lars Jensen’s closing message to conference participants planning their supply chains for the coming year is to move slowly and carefu…
DHL Global Forwarding buoyed by good Q4, but acknowledges weak spots joc.com 6 days ago
DHL group CEO Tobias Meyer recognized that the division’s performance remained lackluster, with the “volatile” gross profit/EBIT conversion ra…
Maersk, APL swap slots on India/Asia-US trades under US-flag networks joc.com 6 days ago
Major carriers on the India-US East Coast trade are reporting success on their March rate recovery efforts, thanks in large part to recent sai…
TPM25: US exporters starting to feel pinch of Trump trade war with China joc.com 7 days ago
The head of the Agriculture Transportation Coalition told TPM25 that US exports of logs, fruits, nuts, soybeans and other agricultural product…
CMA CGM, Maersk become latest to launch joint express Asia-ECSA service joc.com 7 days ago
The new service that will start in April will enhance Vietnam’s connectivity with Brazil, which is already Vietnam’s largest trading partner i…
TPM25: Months of port congestion face carriers’ Red Sea return: Rotterdam joc.com 7 days ago
The bleak timeline from Europe’s busiest port is based on the chaos that resulted when the Ever Given was freed after six days of blocking the…
TPM25: Container shipping still evolving as new challenges arise: Nixon joc.com 7 days ago
ONE’s chief executive took the opportunity of TPM’s silver anniversary to look back at how the industry has changed for the better over the ye…
Hutchison inks $22.8 billion deal to sell majority of port holdings to BlackRock, TiL joc.com 8 days ago
The massive deal includes Hutchison’s 90% interests in the Panama Ports Company, which owns and operates the ports of Balboa and Cristobal on …
TPM25: DSV’s Lund says more global forwarding consolidation is needed joc.com 8 days ago
Large customers are looking for large logistics partners that can offer more control over supply chains as international trade becomes more co…
TPM25: Gemini hitting 90% reliability target as new network rolls out: Habben Jansen joc.com 8 days ago
While the new network will need two cycles to be fully phased in through the next two or three months, the Hapag-Lloyd CEO said Gemini was “of…
K+N sees volatility ahead from uncertain demand, geopolitical risks joc.com 8 days ago
Contract logistics was the star performer in the company’s portfolio in 2024, with gross profit rising 4% to $4 billion.
EPCs bullish on US energy segment for projects, growth joc.com 9 days ago
Fluor, KBR, TechnipFMC and Worley are predicting moderate to strong growth in project orders this year, buoyed by oil and gas work.
TPM25: Container market downturn creating ‘new era of volatility’ joc.com 9 days ago
An oversupply of vessels, carrier rate wars and bleak consumer sentiment are positioned to oppress the container shipping market in 2025, expe…
TPM25: Port tax on Chinese ships will make some routes unviable: MSC’s Toft joc.com 9 days ago
Should the Trump administration’s proposal be implemented, capacity will have to be withdrawn from the US and redeployed to where it makes mor…
TPM25: Growing US isolationism threatens global supply chains: Bolton joc.com 9 days ago
John Bolton, who served as Donald Trump’s national security advisor from 2018–19, said China is gauging its next global moves through how the …
Maersk tees up $5 billion investment plan for Indian market expansion joc.com 9 days ago
The carrier’s new investment push seems to be an attempt to catch up with its peers, particularly MSC, which has dedicated terminals at Mundra…
Wind turbine orders propel OEMs amid stalled US development, blade defects joc.com 9 days ago
Manufacturers are offering diverse views on the outlook for the wind sector, with onshore faring better than offshore in the US and blade acci…
Red Sea, tariffs among ‘decisive factors’ for liner market in 2025: CMA CGM joc.com 12 days ago
The French liner joined the ranks of its profitable peers, announcing Friday that its net profit rose 2% to $5.7 billion last year on an 18% r…
HMM among carriers to offer rate, space deals to smaller South Korean exporters joc.com 12 days ago
The measures are the latest in a series of support packages announced by South Korean trade organizations and government bodies to help the co…
US chassis manufacturers targeting makers in Mexico, Thailand and Vietnam joc.com 12 days ago
Cheetah Chassis and Stoughton Trailers contend that the same trade practices that led to an influx of low-cost Chinese chassis are now occurri…
Trans-Pacific carriers reaching higher in early 2025–26 contract talks joc.com 12 days ago
Container lines in the US’ busiest trade lane, determined to avoid a repeat of last year when they believe they significantly underpriced thei…
Next phase of digital forwarding on collision course with AI revolution joc.com 12 days ago
Digital forwarders that emerged over the past decade are coming of age in the era of AI, but not all will make it to the other end.
US port tax would scramble ocean services, raise shipper costs: Drewry joc.com 13 days ago
The cost of the US Trade Representative’s proposal for levying fees on Chinese ships and ocean carriers would fall to US shippers, who would a…
China tariff uncertainty gives trans-Pacific business cloudy outlook: Matson joc.com 13 days ago
While the US-based carrier experienced a strong 2024, growth this year is under threat due to tariffs and the unknowns involving when Red Sea …
MSC pulls megaships from Asia-North Europe network: Alphaliner joc.com 13 days ago
The carrier has replaced the huge vessels with smaller ships in a move to cut capacity and reduce pressure on rates that have plummeted since …
India-US carriers attempt strategic capacity cuts to prop up March GRI plans joc.com 13 days ago
Newfound pricing power for carriers has halted the steady rate declines seen on the trade since last August.