Register Free Trial The container market barometer has shifted into negative territory again with TEU-mile demand growth slipping below the growth in vessel supply and the outlook remaining gloomy for the remainder of this year. Carriers’ reluctance to withdraw capacity during the slack winter season has hurt freight rates across key routes with the transpacific rates facing the greatest stress. Despite the softening freight market, carriers has continued to bid up charter rates and second-han
Ningbo Ocean Shipping (NBOSCO) has restarted China-Middle East Gulf Express (CGX) service as a vessel operator on the Milaha, Sinokor, Unifeeder service that is branded respectively as Milaha Gulf Express (MGX), Sinokor Gulf Service 1 (SGX1) and China Gulf Express (CGE). NBOSCO has added the 4,250 teu WADI BANI KHALID to the service from 30 October 2025 and takes over the vacant slot after CU Lines' departure from the service earlier this year. The service is currently operated with 5 ships of
Hede Shipping has launched a new Shanghai-Thailand service that connects Shanghai, Laem Chabang, Bangkok, Shanghai from 4 November 2025. The service started on a trial basis using the 1,060 teu KHARIS HERITAGE on a rolling 16-18 day rotation, with the 1,781 teu HELGOLAND to be added to the service from 30 November 2025.
Register Free Trial Improved 3rd quarter liner earnings will reverse in the 4th quarter with average CCFI rates currently down 14% QoQ. Transpacific rates are slipping badly with capacity utilization continuing to fall on weakening demand. Although Asia-Europe rates have remained resilient, spot rates also remain under pressure with European port congestion the main factor keeping supply growth in check. Intra-Asia rates have outperformed the long haul routes, with average shorthaul CCFI rates
DP World will launch a new Atlas service connecting Agadir, London Gateway, Antwerp, Casablanca, Agadir from 17 November 2025. The service will turn in 14 days using the 990 teu BF CARP and BF TROUT. The service will call at the DPW operated London Gateway and Antwerp Gateway and is aimed at fruit and vegetable exports from Morocco to Europe. It is the first service in North Europe that uses the DP World brand.
X-Press Feeders have added a new North Colombia X-Press (NCX) service connecting Manzanillo (PA), Cartagena, Santa Marta, Barranquilla, Cartagena, Manzanillo (PA), Barranquilla, Manzanillo (PA) from 12 November 2025. The NCX turns in 14 days using the 974 teu STORM and 1,114 teu WIND.
X-Press Feeders has launched 2 new service connecting the Middle East Gulf and Pakistan to replace the existing Karachi Gulf X-press (KGX) service operated by X-Press Feeders and the Karachi-Jebel Ali (KJK) service operated by GFS. The new Karachi Gulf Sohar X-Press (KGS) will call at Jebel Ali, Sohar, Karachi, Port Qasim, Sohar, Abu Dhabi, Jebel Ali from 8 November 2025. The service will turn in 14 days using the 4,350 GFS GENESIS and GFS GISELLE that are chartered by X-Press Feeders. The rev
Ellerman City Liners announced on 12 November 2025 the acquisition of Viasea Shipping that operates a niche shortsea service using 2 ships of 800 teu connecting UK, Netherlands, Poland, Norway and Lithuania. Viasea Shipping was launched in November 2016 as a subsidiary of Norwegian logistics services provider ColliCare Logistics. It current has offices in Moss, Rotterdam, Gdynia, Klaipeda, and Immingham. Following the acquisition, Ellerman's services will be expanded to cover * Viasea Shippin
The aggregate revenue of the three major Taiwanese liners dropped by 9% quarter on quarter and 31% year on year, broadly in line with CCFI's movement. Evergreen and Yang Ming reported steeper drop. Maersk guided its earnings in 4Q may fall by 68% quarter on quarter or flip into losses.
Register Free Trial Freight rates are softening again, reversing part of their mid-October gains after the 1 November GRI flopped as weakening slack season cargo volumes provided little rate support in the absence of capacity cuts by the carriers. Transpacific rates are coming under the most pressure due to rampant rate cutting by carriers unable to fill their ships but still reluctant to pull out capacity. Latest import data shows transpacific cargo volumes falling by 8.6% in the last 2 months