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JOC Maritime

Southern California ports ready to defend green initiatives from Trump White House joc.com an hour ago
Officials at Los Angeles and Long Beach say they are prepared to do what is necessary should the new administration target green policies at t…
Maersk rejigs standalone services ahead of Gemini Cooperation launch joc.com 2 hours ago
The ocean carrier made the changes ahead of the launch of its partnership with Hapag-Lloyd, referring shippers to the new alliance’s services …
ECSA-US spot rates weaken rapidly after hitting record high in Q4 joc.com 3 hours ago
New services entered the trade last year amid elevated rates and high demand, but a seasonal lull is putting pressure on prices with plentiful…
Transshipment networks to give Gemini-linked boost to India-US trade joc.com 5 hours ago
Hapag-Lloyd and Maersk will alternatively use feeder connections to relay Indian loads to the US East and West coasts over Gemini hub ports in…
Gemini Cooperation on cusp of launching bold experiment in service networks joc.com 7 hours ago
By promising 90%-plus schedule reliability using a hub-and-spoke model, the Maersk/Hapag-Lloyd alliance is tacking sharply away from the indus…
Trump appoints Louis Sola to chairman’s slot at FMC joc.com a day ago
Just ahead of November’s election, then-Commissioner Sola laid out “America First” initiatives during an October speech, highlighting the furt…
Carriers eye Red Sea transits after Houthi rebels pledge restraint joc.com 2 days ago
A pledge by Houthi militants to focus ship attacks on Israel-linked vessels is not enough to encourage ocean carriers to end their diversions …
US offshore wind industry braces for federal halt joc.com 2 days ago
A planned US executive order to halt offshore wind turbine activities along the East Coast has the sector in turmoil.
Rebounding Indian car exports nourish country’s ro/ro trade joc.com 5 days ago
International automakers are putting much-needed investment into Indian manufacturing facilities to increase export capacity.
China’s ‘predatory’ maritime policies threaten global trade: White House joc.com 6 days ago
A new report from the Biden administration alleges that Beijing has a poor compliance record with the WTO, practices duplicitous trade policie…
Global reefer market set to soar amid disruption, strong demand joc.com 6 days ago
The question is not whether the market will be strong in the first quarter, but rather how high rates will climb, writes analyst Richard Brigh…
Carriers bolster intra-Asia networks amid uncertain rate, demand outlook joc.com 6 days ago
The moves by Hapag-Lloyd and CMA CGM come amid uncertainty about the outlook for the intra-Asia trade, with one analyst suggesting a possible …
Return to Suez not a certainty even after Israel-Hamas ceasefire: analysts joc.com 6 days ago
The peace deal in Gaza is highlighting the capacity overhang facing container shipping once vessels absorbed by the longer voyages around sout…
US ports urge Trump, Congress to keep funds in place but tariffs at bay joc.com 7 days ago
With the president-elect looking to unwind some Biden administration policies, US port operators want to ensure that maritime transportation f…
Visibility vendors move to extend reach and relevancy in rebalancing market joc.com 7 days ago
A handful of companies unveiled new products in the last week intended to enable decision-making based off the visibility data they provide.
Carriers extend spot rates in bid to avoid further rate erosion in eastbound trans-Pac joc.com 8 days ago
The pricing move means a general rate increase planned by carriers for Jan. 15 will not be implemented, forwarders say, because demand is not …
Norden MPV leasing deal capitalizes on global fleet undercapacity joc.com 8 days ago
The shipowner’s decision to expand its MPV fleet is underpinned by expected growth in project cargo volumes and a lack of suitable ships.
Unifeeder boosts market share as Red Sea diversions grow Med business joc.com 8 days ago
The carrier said its ability to capture market share was directly linked to a shift in trade dynamics as mainline operators outsourced intra-r…
Two US shippers latest to allege carriers bumped contract cargo to spot market joc.com 9 days ago
The twin complaints to the FMC charge that several ocean carriers pushed the shippers into paying surcharges and premium rates totaling $5.5 m…
Trucking rates out of US ports rise on frontloading, cargo shift joc.com 9 days ago
Shipper-paid spot truck pricing from major US ports rose faster than the average US rate in late 2024 as importers prepared for a potential lo…
Indian forwarders seek clarity on spot booking program for Gemini Europe sailings joc.com 9 days ago
Multiple forwarder sources who spoke with the Journal of Commerce confirmed that the portal booking specifics are still unavailable for Februa…
Ocean Alliance network to grow trans-Pacific, Asia-Europe coverage joc.com 9 days ago
The uncertainty surrounding the Red Sea was highlighted by member OOCL, and although the carrier provided both an around-Africa option and a v…
Taiwan’s Big Three carriers see 30% slide in H2 monthly revenues after rate slump joc.com 12 days ago
The decline reflects the wider slide in container freight rates from August, which accelerated in October and November as cargo demand eased.
Cosco forecasts 95% jump in 2024 net profit on robust volumes, freight rates joc.com 12 days ago
The carrier’s top-line financials are a clear signal that container shipping is firmly back in profitable territory following a poor end to 20…
Vancouver braces for congestion, high rail dwells through January joc.com 13 days ago
A confluence of factors, including vessel bunching at Asian load ports and a pre-Lunar New Year cargo surge, have combined to cause congestion…
Cargo volumes for mega cracker project at Antwerp to peak in 2025 joc.com 13 days ago
The project, expected to drive further investment at Europe’s second-busiest port, is the largest investment in Europe’s chemical industry in …
Limited disruption likely as new carrier alliances roll out: Alphaliner joc.com 13 days ago
With the threat of a US port strike averted, the transition to new global service networks will not be accompanied by widespread disruption, t…
ILA, USMX reach tentative deal that avoids another port strike joc.com 14 days ago
While the draft language of the tentative agreement was not disclosed, the two sides said the deal includes language that covers the contentio…
Drayage outsourcing a path to solving diversification challenge joc.com 14 days ago
Shippers have long outsourced drayage to third parties, but farming out allocation decisions to managed transportation providers threads the n…
Ocean carriers in control on Asia-Europe trade as cargo contracts closed joc.com 14 days ago
With shippers under pressure to finalize production plans with Asian factories amid ongoing vessel diversions around Africa and elevated rates…
Turkish liners shift to India for Suez routings with relays to US, Europe joc.com 14 days ago
Local freight forwarders believe any extra capacity entering the Indian market from smaller ship operators working around an “opportunistic ap…
Nonresidential construction a headwind for trucking demand: analyst joc.com 15 days ago
The challenges for truck demand growth in 2025 vary depending on activity in four major sectors: warehousing, office, data centers and manufac…
High price to pay for non-compliance with FuelEU rules: Lloyd’s Register joc.com 15 days ago
Carriers adopting a “wait-and-see” approach to the new regulation will face significant penalties and a potential loss of income from decarbon…
Tariffs, Suez resumption could crimp US West Coast share gains joc.com 15 days ago
Whereas 2024 was a banner year for US West Coast ports, the pendulum could swing back to East and Gulf coast ports in 2025.
Project cargo optimism buffeted by policy ‘unpredictability’ joc.com 16 days ago
US energy and climate regulations and policies are expected to shift with the incoming Trump administration, although the magnitude of that sh…
Capacity-bound MPV operators poised for strong year amid firming rates joc.com 16 days ago
Increased orders and decreased recycling in 2024 helped capacity, but the volumes are still not where they need to be to balance the MPV fleet…
Suez diversions, lack of IMO agreement put 2030 emissions targets at risk joc.com 19 days ago
The IMO tends to move at a glacial pace, but with 2030 emissions targets looming, it no longer has that luxury.
US policy uncertainty clouds MPV/HL outlook going into 2025 joc.com 19 days ago
Outside investment for project carriers is scarce, primarily because future project cargo flows are so difficult to predict.
Drayage diversification emerging as shipper priority amid supply chain volatility joc.com 19 days ago
Shippers must weigh the merits of a single-source relationship on drayage through key ports over splitting volume among regional and national …
More ocean carriers unveil disruption surcharges linked to possible ILA strike joc.com 19 days ago
The charges come as spot rates for ex-Asia cargo into the US have climbed sharply over the past month.