Welcome to JOC Sailings. Let us know what you think.
  | Not registered?
  Home > Maritime News

Latest Maritime News

Minimize
11/24/2014
HONG KONG — The Philippine’ cabinet cluster on port congestion, directed by cabinet secretary Jose Rene Almendras, will gather for a port forum on November 27 in Manila as officials struggle to address the bottlenecks that have troubled the gateway since late February. This latest meeting comes just a week after...
11/23/2014
Even at lower rates of growth in container volumes globally, ports will still have to absorb hundreds of millions of additional TEUs over the next decade, a challenge for marine terminals over and above the painful transition to an era of big ships. Brushing aside a frequent theme in container shipping...
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...
11/18/2014
[Editor's Note: Both Maersk Line and NYK Line have also suspended port congestion surcharges. In a customer advisory this morning, Maersk said it expects the problems on the U.S. West Coast to continue for the foreseeable future. "That said, we take the feedback and viewpoints shared with us very seriously," the...
11/17/2014
  The Asia-North Europe trade faces a “huge” impact from the influx of more than 50 ultra-large container vessels over the next 15 months, matching that of the formation of new carrier alliances, according to Drewry shipping consultants. The deployment of an estimated 54 new ships of at least 10,000 TEUs capacity...
11/14/2014
Carriers in the trans-Pacific eastbound trade will follow this week’s announcement of a $1,000 congestion surcharge with a proposed $1,000 per container rate increase to take effect in mid-December. Sensing a capacity squeeze developing at a normally slow time of year, due in part to the effects of the port meltdown...



 
©2013  |   About Us  |  Advertise  |  Contact Us  |  Privacy + Terms  |  JOC Group Inc.