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About JOC Sailings
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Maritime News

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11/21/2014
The international shipping industry is only spending 0.1 percent less on bunker fuel than it was 24-weeks ago, but that fluctuation equates to big savings: $117 million daily. The industry-wide usage of bunker fuel sits at 257 million tons a day, a figure that cost ship operators about $149.5 billion a...
11/21/2014
Four carriers today joined Mediterranean Shipping Co. in announcing congestion surcharges on cargo heading from Asia to U.S. West Coast ports. Carriers’ push to implement surcharges ranging from $800 to $1,000 per 40-foot container on shipments at the port of origin starting Nov. 26 comes just days after at least nine...
11/21/2014
With the violence in Iraq and Syria capturing the global attention, one could not be blamed for assuming a state of calm in Egypt – at least in relative terms – in recent months. After all, the shaky leadership of Mohamed Morsi had come to an end in 2013, with...
11/21/2014
Full-size imageHONG KONG — Spot rates on the Asia-Europe trade plunged 13.4 percent this week to $809 per 20-foot container, the third straight week of heavy declines since the Nov. 1 general rate increases failed to stick, according to the latest reading of the Shanghai Containerised Freight Index (SCFI). After surging...
11/19/2014
LONDON — Ports are set to dominate container shipping strategy with the focus on terminal productivity and capacity expansion, industry analysts said at the JOC Group’s Port Performance Conference Europe in London. “Ports are coming back to the center, as they strive to keep pace with the growth in ocean container...



 
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