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JOC Sailings is the leading provider of worldwide shipping schedules and maritime news for the cargo transport industry.

Maritime News

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09/20/2014
Spot freight rates on the key Asia-north Europe trade are reported to have slumped to just $750 per 20-foot container, down more than $1,000 since the beginning of the year. The rates being offered by carriers for westbound shipments represent a big gap with the latest figures from the Shanghai Containerized...
09/19/2014
The percent of import containers arriving at the Los Angeles-Long Beach gateway that were transloaded into domestic containers for onward rail transport into the interior U.S. continued to increase last year and is forecast to continue rising in 2014. The percent of import container loads at LA-Long Beach transloaded into domestic...
09/19/2014
Full-size chartWestbound trans-Pacific carriers expect container availability to increase in the next three weeks at most key U.S. intermodal hubs, according to a weekly U.S. Department of Agriculture survey. The USDA’s Agricultural Marketing Service compiles the Ocean Shipping Container Availability Report from data voluntarily provided weekly by six container lines that belong to...
09/18/2014
With the number of laid-up container ships hovering close to three-year lows, vessel owners may enjoy a short-term boost in charter rates this fall, industry analyst firm Alphaliner reports in its latest newsletter. As of Sept. 8, the number of idle container ships with capacities of more than 500 20-foot-equivalent units...
09/18/2014
China Cosco Holdings will splash out $618 million on five 14,500-TEU vessels that will be built by CSSC’s Jiangnan Changxing Shipbuilding yard as the mainland’s largest carrier continues to upgrade its fleet in an attempt to arrest declining profitability. The giant shipping company managed to negotiate an attractive price for the vessels...



 
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