Container Lines

Container Lines

At a time when the container shipping landscape is constantly evolving, and market dynamics present increasingly complex challenges for the shipping industry, the JOC provides up-to-the-minute news, analysis and business intelligence about the container lines that transport most of the world's trade including Maersk, COSCO, Hapag-Lloyd, CMA CGM, MOL, Yang Ming, Zim Integrated Shipping Services, and many others.

JOC’s comprehensive coverage ranges from the latest information about new shipping lines to major changes in company leadership, to in-depth analysis of the pricing and volume trends that directly impact shippers' bottom lines and supply chains. The consolidation of the container shipping sector has resulted in increasingly divergent strategies, with some firms focusing solely on ocean transport while others opt for a more "end-to-end" approach. The JOC’s comprehensive, in-depth coverage probes the consequences of these various strategies for shipping lines, shippers, and other stakeholders of container lines.

Commentary

The forecast for the second half of 2019 is cloudy as far as what the markets will do, putting carriers in the position of controlling their destiny through capacity management.

News & Analysis

New strategies of CMA CGM, Maersk familiar, but bolder
12 Jul 2019
Carriers are going beyond setting up logistics arms and instead making the end-to-end reach a full company play rather than standalone attempt to offer the higher value and margin services as the NVOs they compete and partner with.
12 Jul 2019
While blockchain as a mechanism to speed the digitization of shipping documentation gets traction, development by a TradeLens rival will test whether systems are interoperable.
10 Jul 2019
India’s intra-country containerized trade has reaped the benefits since the country dropped restrictive cabotage rules a year ago, and Maersk has positioned itself to seize new opportunities.
09 Jul 2019
US authorities’ consideration of forfeiting the vessel, which is owned by JP Morgan, could push up MSC’s charterer rates, compounding the pain the carrier has already suffered via delayed shipments, added docking fees, and damage to its brand.
09 Jul 2019
ZeBox is more than a technology pipeline for CMA CGM alone, and that ultimately might be what allows it to flourish and drive more software value for shippers.
08 Jul 2019
Uncertainty surrounding on-again, off-again tariffs by the US on Chinese products has seen a growing shift in US import volume to Southeast Asia.
08 Jul 2019
Port Miami is gaining a second weekly route with the Dominican Republic, its second-largest trading partner, through APL/CMA CGM. It’s an express route that will take one fewer day than Seaboard Marine’s service.
Container lines rein in third-party data sharing
08 Jul 2019
A visibility software provider said shipping lines are expecting something in return for providing data to third-party software companies, a change from the past.
Asia-Europe rate push fails ahead of capacity cuts
05 Jul 2019
Expectations of slowing demand on the Asia-Europe trade have left the market with little inclination to accept carrier rate increases.
Less logistics cross-training stifles container solutions
05 Jul 2019
The lack of cross-training for various functions is creating an environment where fewer workers have the ability to solve problems creatively, according to conversations with more than a dozen industry veterans over the last year.
Hapag-Lloyd kicks off online reefer program
04 Jul 2019
Germany-based carrier Hapag-Lloyd is on a campaign to modernize its reefer fleet and has rolled out plans to bring all the containers online and trackable in real time.
The new oligopoly of container shipping
04 Jul 2019
Carriers and shippers alike must adapt to the new realities of a container shipping market in which only a handful of large players control the vast majority of capacity.
Zim, 2M deepen pact with new Asia-Gulf services
03 Jul 2019
Amid rising Asian imports into the Gulf Coast, two new services linking the regions that Zim Integrated Shipping Services will launch in August are expected to increase the cargo moved by the carrier with the 2M Alliance, strengthening the relationship as 2M prepares to lose market share due to the departure of HMM.
Peak season capacity slashed on Asia-Europe
03 Jul 2019
Another round of blank sailings has been announced, this time by the Ocean Alliance, as carriers sail into a decidedly uncertain peak season shipping period.
More R&D needed for low-carbon marine fuels
03 Jul 2019
Alternative low-carbon fuels are seen as an impactful short-term solution to reduce greenhouse gas emissions in the shipping sector, but questions remain regarding implementation, availability, and development.
Sailing toward zero-emission container shipping
03 Jul 2019
The International Maritime Organization (IMO) has introduced rules aimed at reducing harmful sulfur oxide (SO2), carbon dioxide (CO2), and other greenhouse gas (GHG) emissions from ships.
Data compartmentalization key to TradeLens carrier buy-in
02 Jul 2019
Maersk’s rival carriers understand their data will be kept private, and broader carrier acceptance will drive more value for shippers, Maersk’s TradeLens emphasized to JOC.com.
TradeLens boosts arsenal with addition of Hapag-Lloyd, ONE
02 Jul 2019
With the addition of Hapag-Lloyd and Ocean Network Express (ONE), TradeLens members now control more than 61 percent of global containership capacity, according to maritime analyst Alphaliner.
28 Jun 2019
Spot rates in the eastbound trans-Pacific this week got a pop from the pending July 1 GRIs, but economists are predicting a slow-growth year for the US economy, and carriers’ only hope to keep pricing from declining this peak season is to manage capacity through blank sailings.
26 Jun 2019
Ocean Alliance’s second round of blank sailings in July, following three blank sailings in June, indicate the US-China trade war threatens to turn the peak season into a disappointment.
25 Jun 2019
The shipping sector is lacking investments in effective carbon reducing technologies, threatening to miss IMO 2050 targets for decarbonization, according to a recent report from CDP.
25 Jun 2019
Trans-Pac carriers move aggressively to expand weekly service offerings from Southeast Asia in response to 25 percent Trump administration tariffs on imports from China. However, the ability of manufacturers to shift more production from China to Southeast Asia will be constrained by economic factors if the List 4 tariffs are implemented later this summer.
25 Jun 2019
Maersk is resuscitating the idea of assessing container no-show fees to forwarders and shippers and to itself if a box doesn’t load, though the difference this time might lie in the digital foundation around the fees.
24 Jun 2019
Summary: Carriers need low-sulfur fuel to be available in key bunkering ports around the world, but supply uncertainty remains.
21 Jun 2019
With imports from China softening and prospects for the peak season looking somewhat dismal, carriers have already announced three blank sailings, with chatter among carriers indicating additional voided sailings could occur in July and August.
20 Jun 2019
The 90-day suspension from the Customs-Trade Partnership Against Terrorism means the container line will no longer enjoy “trusted trader” status, increasing the likelihood of import shipment delays.
17 Jun 2019
Eleven major banks representing 20 percent of the global shipping finance portfolio have signed off on a framework agreement aimed at aligning investors with the IMO’s 2050 mandate to cut CO2 emissions 50 percent from 2008 levels.
17 Jun 2019
Agriculture exporters urged to do due diligence on the increased costs involved in IMO low-sulfur fuel before they enter contract negotiations with carriers in the fall.
17 Jun 2019
Consolidation that has occurred in recent years is giving carriers newfound influence — if they are willing to assert it.
14 Jun 2019
Changing ship designs will fail to reach global emissions reductions targets without the widespread use of low-carbon fuels, the American Bureau of Shipping argues in its 2030 Outlook 2050 Vision report.
11 Jun 2019
There are plenty of reasons to expect another wave of front-loading, which in the second half of 2018 kept spot rates to the West Coast above $2,000 per FEU for 16 straight weeks and rates to the East Coast above $3,000 for 17 weeks.
11 Jun 2019
The Maersk subsidiary line will begin a weekly service connecting Port Everglades to the Dominican Republic and Haiti in July, adding to the nearly 1 million TEU the port already handles from the Caribbean, Central America, and South America.
07 Jun 2019
The world’s largest container carrier is expecting continued growth in India despite a broad-based economic slowdown caused by declining consumer spending growth, geopolitical trade tensions, and financial volatility.
05 Jun 2019
Shippers, ocean carriers, and freight forwarders say cargo owners are already rushing shipments to get ahead of potential tariffs on $300 billion of US imports from China.
04 Jun 2019
Peak-season imports could be as much as 15 percent lower than last year's peak season, but BCOs should not expect spot rates to decline significantly because carriers will manage capacity through blank sailings.