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
The 16,022 teu CMA CGM JULES VERNE will make a round-trip voyage via the Suez Canal this week marking the first ship on the OCEAN Alliance MED2 service to return to the Suez route since January 2024. The ship is scheduled to transit the Suez Canal westbound on 14 November 2025, and will make a return eastbound trip on 13 December 2025, saving 2 weeks compared to the regular transit via the Cape of Good Hope, with an ad hoc call at Beirut added on this voyage. The MED2 service is branded as the
CMA CGM will add a new JMX2 service connecting Abu Dhabi, Dammam, Shuaiba, Bahrain, Abu Dhabi from 19 November 2025. The service is branded as the Jebel Ali Middle East Express 2 (JMX2) even though it does not call at Jebel Ali but calls at the Khalifa port in Abu Dhabi. The service will turn in 7 days using the 2,202 teu MYD HANGZHOU.
Global Feeder Shipping (GFS), Regional Container Line (RCL) and TS Lines (TSL) will launch a new Red Sea China Service that is branded as RCS by GFS, RCR by RCL and RCX by TSL to connect Shanghai, Qingdao, Nansha, Shekou, Jeddah, Sokhna, Aqaba, Jeddah, Shanghai from 14 November 2025. The service will turn in 8 weeks and will initially deploy 4 ships of 2,500 to 3,500 teu on a rolling schedule starting with the 3,524 teu SSF DREAM at Shanghai on 14 November 2025.