Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202312] The SCFI recorded its first weekly gain since December 2022, but the rebound lacks any real strength with the rate gains limited to the China to Europe and Med routes where capacity utilisation has been very high since the beginning of this year. Utilisation on most of the other key routes remain weaker than 2022 levels, with the weakness especially apparent on the FE-US West Coast trade. The latest February port vol
MSC has completed the upgrade of its Turkey-West Mediterranean-West Africa (Turkiye-West Med-WAF) service following the extension of its former West Med-Canary-Dakar-West Africa service to Turkey. The upgraded service started from 24 February 2023 with the 5,550 teu MSC CORUNA. The service will turn in 8 weeks and will deploy 8 ships of 4,000-5,500 teu to call at Tekirdag, Derince, Iskenderun, Gioia Tauro, Livorno, Genoa, Fos, Valencia, Las Palmas, Dakar, Abidjan, Tema, Lome, Tincan Island, Lom
Sea Lion Shipping has upgraded its Singapore-Pasir Gudang feeder service from 1 March 2023, replacing its former barge service with ships chartered from MTT Shipping. The 653 teu MTT SINGAPORE and the 415 teu MTT RAJANG have been temporarily used to provide Singapore-Pasir Gudang shuttle services since March this year, operated in conjunction with MTT's Port Klang-Pasir Gudang domestic service. From the end of March 2023, the 415 teu MTT SIBU will be deployed on the Singapore-Pasir Gudang serv
X-Press Feeders have introduced a new Intra-Adriatic Express (IAX) feeder service connecting Venice, Koper, Venice. The new weekly service is aimed at intra-Adriatic positioning moves and will start at Venice on 30 March 2023 with the 698 teu SUNAID X.
Arkas launches Istanbul Poti Service (IPS) that rotates through Kumport, Ambarli, Poti, Kumport on 21-day round trip with one ship. The 1139 teu MARTINE A will phase on 22 March at Kumport. Until recently, MARTINE A has been deployed in Arkas's Tunis-Libya Service (TL)
The Maersk/Sealand Asia IA80 coverage has been extended to North Asia to provide direct northbound connections from Philippines to the Kansai and Kyushu regions with southbound connections from North Asia to Cambodia. The revised rotation of the IA80 service started from the end of January 2023 and calls at Taichung, Xiamen, Hong Kong, Shekou, Sihanoukville, Bangkok, Laem Chabang, Ho Chi Minh City, Batangas, Manila(N), Manila(S), Osaka, Hibishinko, Busan, Hakata, Moji, Busan, Taichung. The serv
Maersk and MSC have announced the suspension of their AE1/Shogun service that is one of the 6 Asia-North Europe loops operated within the 2M alliance. Although officially suspended from week 11 of 2023, the AE1/Shogun service was already operated irregularly since September 2022 with just 3 voyages made in the 4th quarter with the last sailing made on 13 December 2022 when the 14,036 teu MSC ALEXANDRA made the last westbound voyage from Asia. The AE1/Shogun called at Ningbo, Xiamen, Yantian,
Hapag-Lloyd will launch a new Vietnam Indonesia Straits (VIS) service that connects Ho Chi Minh City, Singapore, Port Klang, Belawan, Penang, Port Klang, Singapore, Ho Chi Minh City. The new service will turn in 2 weeks and starts from 10 April 2023 with the 1,781 teu CAT LAI EXPRESS that is shifted from the current Singapore-Vietnam Feeder (VNF) service. Hapag-Lloyd's new VIS service rotation
Singamas reported its full year results during lunch break today (15 Mar). The bottom line results of $46mn for FY and $8mn for 22H2, down 75% YoY and 93% YoY respectively was not a surprise since it was well discussed earlier in 2023 about the surplus of containers in the market and profit alerts were given in November last year and again 2 weeks ago. The negative surprise though come from probably the lower than expected final dividend payout of $6.11m declared for 2022. This came on top of
Zim/GSL will add new calls at Busan and Kaohsiung on its China Australia Express (CAX) service. From 18 April 2023, the CAX service will call at Busan, Shanghai, Ningbo, Kaohsiung, Xiamen, Sydney, Melbourne, Brisbane. The revised rotation will turn in 6 weeks and will deploy up to 6 ships of 4,250 teu. The CAX service was first launched in October 2020 and intially called at Ningbo, Shanghai, Yantian, Sydney, Melbourne, Brisbane, Ningbo using 6 ships of 2,500 teu with a Haiphong northbound cal