Register Free Trial Developments in Venezuela over the weekend will have little impact on the container markets as total container throughput at Venezuela’s ports have dropped significantly since 2012 when it reached a peak of 1.57m TEU. Total volumes handled at Venezuela have dropped to less than 500,000 TEU per annum since 2019 and currently accounts for just 0.5% of total Latin American container volumes. The potential recovery in trade volumes post-Maduro will take several years to be reali
CMA CGM will take launch a new US East Coast-Oceania KEA service connecting Sydney, Melbourne, Port Chalmers, Tauranga, Manzanillo, Cartagena, Philadelphia, Charleston, Balboa, Tauranga, Sydney from 3 February 2026 through slots on Maersk's Oceania America (OC1) service. The OC1 service turns in 77 days using 11 ships of 3,000 to 3,700 teu operated by Maersk. Hapag-Lloyd and MSC also take slots on this service that are branded respectively as the Australia-New Zealand via Panama (ANP) service a
Register Free Trial Container freight rates enjoyed a mini year end rally with the SCFI rising by 6.7% in the last reading of 2025 while the CCFI increased by a more modest 2.0%. Despite the recent rate strength, average 4th quarter CCFI rates remain 10.7% lower than the 3rd quarter and the current quarter’s rates is at the lowest level in 2 years with carriers’ earnings already under pressure. CMA CGM has started to send their ships back o the Suez route as scheduled from last week on their e
CMA CGM has added a new South American feeder service branded as the Motagua Express calling at Kingston, Puerto Cortes, Puerto Barrios, Pointe a Pitre, Kingston from 31 December 2025. The service turns in 3 weeks and deploys the 1,740 teu PERITO MORENO, 1,841 teu CMA CGM BALBOA and 1,341 teu LM ARES.
Asean Seas Line (ASL) and China United Lines (CUL) have launched a new intra-Asia service calling at Nansha, Shekou, Laem Chabang, Bangkok (PAT & Sahathai), Laem Chabang, Nansha from 28 December 2025. The service is branded by ASL and CUL respectively as the Bangkok Thailand Express 2 (BTX2) and New SCT Express (NSX) and turns in 2 weeks using the 1,781 teu ASL HAIPHONG and 1,930 teu CUL LAEM CHABANG.
HMM will revive the former Korea Vietnam Express (KVX) and add a new Korea Indonesia Service (KIS) to replace its current Intra Cross Network (ICN) butterfly service. The new KVX will call at Busan, Shanghai, Ningbo, Ho Chi Minh City, Sihanoukville, Laem Chabang, Singapore, Ho Chi Minh City, Busan using 4 ships of 1,800 teu on a weekly frequency starting with the 1,875 teu HMM HARMONY at Busan on 30 December 2025. The KIS will call at Incheon, Busan, Shanghai, Ningbo, Jakarta, Surabaya, Incheo
Greta Shipping has launched a new China-Gulf Express 1 (CGX1) service connecting Qingdao, Ningbo, Jebel Ali, Qingdao from 24 December 2025. The service is scheduled to turn in 42 days using a single ship, the 1,831 teu CSTAR VOYAGER. The service will connect at Jebel Ali on its new Kuwait Feeder Service (KWF) that is operated jointly with Hapag-Lloyd, replacing its former Jebel Ali-Karachi Express (JKX) service from 15 December 2025. The new KWF calls at Jebel Ali, Shuaiba, Shuwaikh, Jebel Ali,
Greta Shipping will launch a new Red Sea 1 (RS1) service connecting Salalah, Djibouti, Salalah from 3 January 2026. The service will operate weekly initially using the 1,030 teu BHAGYA LAXMI for 3 weeks and is scheduled to be replaced by the 1,730 teu GRETA STAR from 24 January 2026.
Register Free Trial Maersk will make its first Suez transit on 22 December in 2 years with the 7,250 teu MAERSK SEBAROK on the Middle East-US East Coast MECL service. However Maersk stressed that it has not yet decided on a wider shift back to the Suez route. Apart from CMA CGM and Maersk, the other carriers have not made any moves to return to the Suez route and a full return is not expected take place until at least 3 months later. Container cargo demand has remained resilient through 2025 w
CMA CGM has launched a new Palmyra Shuttle service calling at Beirut, Lattakia, Alexandria/Port Said, Beirut from 22 December 2025 with the 1,208 teu ONUR G. A.