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MarketPulse

Market Pulse 2026 Week 10

Register Free Trial The Strait of Hormuz remains effectively shut as the Iran crisis enters its second week, with more than 140 containerships still trapped in the Persian Gulf. Apart from 6 IRISL ships that continue to make Hormuz transits last week, only a single feeder ship operated by GFS made it out on 3rd March before a second ship was hit by a missile on 4th March. Carriers have suspended bookings in and out of the Persian Gulf, while cargo in transit are being discharged at contingency

Services

Hapag-Lloyd and Maersk to add new Asia-Med-Red Sea service with Jeddah link

Gemini Cooperation partners Hapag-Lloyd and Maersk will launch a new Far East-Med-Red Sea SE4/AE19 service via the Cape of Good Hope calling at Xingang, Qingdao, Busan, Ningbo, Shanghai, Tanjung Pelepas, Tangier Med, Port Said, Jeddah, Tangier Med, Singapore, Xingang from 13 March 2026. The service will cater to high demand to the Red Sea due to the Iran crisis that started on 28 February 2028. The service will turn in 16 weeks and will deploy up to 16 ships of 10,000 to 13,000 teu from Maersk

Services

Ellerman adds Poland Express 2 (iPEX2)

Ellerman will launch a new Poland Express 2 (iPEX2) service connecting Gdynia, Hull, Gdynia to complement its existing iPEX service that serves Gdynia, Tilbury, Gdynia. The first sailing is scheduled from 24 March 2026 from Gdynia with the 326 teu VANQUISH that will provide weekly connections to Hull.

Services

Samudera splits Singapore-Kuantan-Songkhla (SGX) service into 2 separate loops

Samudera Shipping's Singapore-Kuantan-Songkhla (SGX) service has been split into 2 separate services that connects Kuantan and Songhkla directly with Singapore. The new Kuantan Service (KUA) calls at Singapore, Kuantan, Singapore with the 588 teu SINAR PANGANDARAN from 21 February 2026, initially on a trial basis on a 5-6 day frequency but will be changed to a regular weekly frequency from 11 March 2026. The Songkhla Service (SGX) called at Singapore, Songkhla, Singapore from 23 February 2026

Services

CMA CGM and Maersk to split West Africa Express / Far East-West Africa 3 service

CMA CGM and Maersk will raise their Far East-West Africa market coverage by splitting their current West Africa Express (WAX)/Far East-West Africa 3 (FEW3) service into 2 separate services from the end of March 2026, adding around 15,000 teu per week on the route. The first new services will be operated by CMA CGM as the West Africa Express 1 (WAX1)/Far East-West Africa 1 (FEW1) calling at Qingdao, Ningbo, Shekou, Nansha, Singapore, Colombo, Abidjan, Lekki, Kribi, Colombo, Cai Mep, Qingdao. The

MarketPulse

Market Pulse 2026 Week 09

Register Free Trial The sudden closure of the Strait of Hormuz following the escalation of the conflict in Iran over the weekend will affect 650,000 teu of weekly container traffic handled at Persian Gulf ports. Although these account for only 3.3% of total global throughput, the disruptions arising from the reconfiguration of the Hormuz related services would affect up to 10% of the global fleet. Increased port congestion, tightening vessel supply and container equipment shortages would push u

Services

Emirates Shipping and UWL to shut down transpacific Sun Chief Express service

The Sun Chief Express (SCX) transpacific service operated by Emirates Shipping for US NVOCC UWL will be terminated from March 2026. The service was first launched in 26 April 2022 by Swire Shipping for UWL to provide direct connections between Ho Chi Minh City, Haiphong and Seattle. The service is operated fortnightly, initially using 3 ships of 2,380 to 2,750 teu from Swire Shipping until July 2025 when the Swire ships were replaced by 3 ships from Emirates Shipping. The service currently calls

Services

CMA CGM to add new Asia-Europe Ocean Rise Express (OCR) service

CMA CGM will launch a new Ocean Rise Express (OCR) service connecting Kobe, Nagoya, Yokohama, Xiamen, Yantian, Rotterdam, Hamburg, Southampton, Nansha, Kobe from April 2026. The service will be operated by CMA CGM alone without the participation of OCEAN Alliance partners and will turn in 98 days using 14 ships of 7,800 to 9,900 teu starting with the 8,048 teu CMA CGM BYBLOS at Kobe on 2 April 2026. This service aims to fill the gap left by the Premier Alliance's withdrawal of direct calls at J

Services

KMTC adds new Philippines Japan Express (PJX) service

KMTC will launch a new Philippines Japan Express (PJX) service from 13 March 2026 to connect Manila, Busan, Tokyo, Chiba, Yokohama, Ulsan, Busan, Manila. The service will turn in 21 days and will deploy 3 ships of 1,000 teu that are redeployed from the existing Japan East Keihin 1 (JEK1) and Pusan Manila Express (PMX) service that will be replaced by the new PJX service starting with the 1,000 teu SUNNY LAVENDER at Manila on 13 March 2026. The combination of the JEK1 and PMX on the new PJX wil

MarketPulse

Market Pulse 2026 Week 08

Register Free Trial The US Supreme Court ruling on IEEPA import tariffs lifted market sentiments but the impact on Transpacific market demand is likely to be muted as the new 15% global tariff announced by President Trump as well as the threat of further supplementary tariffs will largely neutralize the impact of the IEEPA ruling. The tariff uncertainty provides little incentives for shippers to alter their shipment plans to take advantage of the marginal reduction in the tariff rate in the sho

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