SITC has received the first of 21 new containerships due to be delivered to the intra-Asia specialist. The 2,433 teu SITC DECHENG was delivered at Yangzijiang Shipbuilding on 12 January 2022. The SITC DECHENG will join the China Philippines CPX6 serviceThe ship is the first of a series of 4 ships due for delivery in the first half of 2022. In addition to these ships, SITC will receive 10 ships of 1,800 teu and 5 ships of 2,600 teu from Yangzijiang this year, and 2 ships of 1,023 teu from Daesun

COSCO, Evergreen and X-Press Feeders will enhance their jointly operated Mexico Central America X-Press (MCX)/Latin America Express (LAE) service rotation effective mid-January 2022. 3 additional ports (Lazaro Cardenas, Puerto Quetzal, Corinto) are added, with the new rotation calling at Lazaro Cardenas, Manzanillo, Puerto Quetzal, Ajacutla, Corinto, San Lorenzo, Puerto Quetzal, Lazaro Cardenas. The service will continue to deploy 3 ships of 1,500-1,800 teu, with each carrier contribution one

X-Press Feeders have launched a new Germany Sweden X-Press (GSX) service on 18 January 2022 with the 509 teu ANNA G. The service calls at Bremerhaven, Hamburg, Sodertalje, Ahus, Bremerhaven on a weekly basis. Apart from regular feeder volumes to and from Sweden, the service will also cater for cross positioning of empty containers from Sodertalje to Ahus.

The Ocean Alliance partners – CMA CGM, COSCO, OOCL and Evergreen – have unveiled their revised service offering for the 2022-2023 season starting from April 2022, dubbed as the ‘Day 6 Product’ marking their 6th year of cooperation since the alliance was introduced in April 2017. This year, the 4 carriers will jointly provide 352 ships covering 42 services comprising of: * 23 Transpacific services * 2 Transatlantic services * 7 Asia-North Europe services * 4 Asia-Mediterranean services * 6

"The strong result in the quarter reflects the continuation of the exceptional market situation within Ocean caused by the global disruptions to the supply chains, which have led to further increase in container freight rates." Maersk new release, 14 January 2022

Container freight rates ended the year at record highs, with both the CCFI and SCFI rate indices reaching hitherto uncharted territories. The CCFI was up 102% at year end, and 166% on average over the full year 2021 as vessel capacity was tight throughout the year due to persistently high demand and soaring port congestion. Although the global containership fleet grew by 4.5% to reach 25.13m TEU by the end of 2021, the effective capacity shrank as a result of port congestion and longer port sta

Top 15 Carriers: Evolution of Capacity Operated

The newly established Indonesian carrier Kaiso Line has launched a direct Indonesia to the Indian subcontinent and Middle East with the launch of its new Kaiso Persian Gulf (KPG) service.  The service was first launched on 25 November 2021 with the 724 teu ATLANTIC PIONEER. The KSG service calls at Jakarta, Colombo, Nhava Sheva, Karachi, Jebel Ali, Dammam, Mundra, Jakarta on a monthly interval. Kaiso Line says that more ships will be added to in 2022 to upgrade the service to a weekly frequency

X-Press Feeders and Transworld Feeders have added a new call at Pipavav on the Nhava Sheva Mundra Gulf X-Press (NMG) service. The new NMG rotation will call Jebel Ali, Sohar, Pipavav, Nhava Sheva, Mundra, Jebel Ali. The first Pipavav was made on 5 January 2022 by the 2,764 teu TSS SHAMS, with the second vessel the 2,826 teu X-PRESS EUPHRATES to make the next call on 13 January 2022. The NMG rotation before the addition of the new Pipavav call in Jan 2022

Zim/Gold Star Line will launch a 3rd service connecting China and Australia in February 2022, dubbed North China Australia Express (C3A). It follows the China Australia Express (CAX) launched in October 2020 and the China-Australia 2nd Express (C2A) in December 2020. The CAX serves Haiphong, Xiamen, Ningbo and Shanghai while the C2A is serves Port Klang, Laem Chabang, Ho Chi Minh City, Nansha and Yantian. Both of these services connect to Sydney, Melbourne and Brisbane The C3A will add direct

The Samra Midas (SM) group has built a small stake in HMM, after its wholly owned subsidiary SM Line added 613,438 shares in HMM for $14m on 29 December 2021, bringing its holdings to 2.41m shares or 0.49%. Another SM Group company, bulk carrier operator Korea Shipping holds 2.15m HMM shares, or 0.44%, bring the SM Group's total shareholdings in HMM to 0.93%. The move comes after SM Line ditched plans to raise up to KRW 846 Bn ($722m) from an initial public offering (IPO) on 3 November 2021. SM

The new China-USWC service branded as SEAX by COSCO and Pacific China South Express (PCSX) by OOCL will be the largest independent transpacific service operated outside of the 3 Alliances' network. The service calls at Shanghai, Fuzhou, Xiamen, Yantian, Long Beach, Shanghai using 6 ships of 10,000 to 14,600 teu. The first sailing was made on 20 November. At Long Beach, the service will call at LBCT where it will not face the long queues that other carriers are facing at San Pedro Bay ports. CO