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Services

Vuxx Shipping adds South America to West Russia service

Vuxx Shipping has launched a new South America-West Russia (LAM-RU) service connecting Paranagua, Itapoa, Santos, Rio Grande, Kaliningrad, St Petersburg, Paranagua from 23 June 2025. The service will turn in 8 weeks and will deploy 4 ships of 1,700 to 1,900 teu on a fortnightly frequency starting with the 1,906 teu AEOLUS at Paranagua on 23 June, followed by the 1,730 teu DHANU on 7 July and 1,679 teu MUARA on 21 July, with a 4th ship that has not yet been named.

Markets

CoFIF Updates: 2025-07-03

The freight futures market in China shifted from being strongly bearish at the beginning of last week to showing a clear lack of interest now. The recent uptick over the past few trading days was driven partly by reports of increasing port congestion in Europe, but was mainly the result of short sellers closing out their positions. Trading volume today dropped by 40,000 contracts for the first time since April 2024.

Services

SeaLead adds China-Red Sea (CRS) service

SeaLead has relaunched its China-Red Sea (CRS) service connecting Shanghai, Ningbo, Nansha, Sokhna, Jeddah, Shanghai using 5 ships that have been redirected from an earlier plan to deploy them on the Transpacific PNW route. The CRS service was already operated on an ad hoc basis since the end of April with the 3,451 teu LIDIA from 27 April 2025 at Shanghai and 2,274 teu CICCIO from 24 May at Ningbo. They have been joined by the 3,398 teu ALE at Ningbo on 14 June, 2,478 teu BERTIE at Shanghai on

Services

Carriers back down on Transpacific expansion

CU Lines, SeaLead and TS Lines have reversed their decision to add additional tonnage on the Transpacific route in the face of rapidly declining freight rates. CU Lines will withdraw the Trans Pacific West Coast I Service (TP1) after a single sailing by the 2,758 teu CUL MANILA that started its voyage on 16 June 2025 calling at Nansha, Shekou, Ningbo, Qingdao, Los Angeles, Ningbo. The ship will be redirected to the Red Sea service after completing its current voyage at Ningbo on 31 July 2025. T

Markets

25 Week 26: Freight Rate Watch

Congestion at North Continent main ports have worsened noticeably in the past week, with average waiting times at Rotterdam, Antwerp and Hamburg rising to over 2.5 days, with barge traffic also affected by recent low water conditions. Carriers are still pushing for a July Asia-North Europe rate hike with the SCFI recording a 10.6% increase last Friday while the SCFIS registered its 5th consecutive weekly gain with a larger than expected 9.6% jump on Monday. Scepticism remains on the carriers’ a

MarketPulse

Market Pulse 2025 Week 26

Register Free Trial The rapid decline in Transpacific freight rates have forced some carriers to roll back their capacity plans but with tonnage already committed in some cases, carriers are still pushing ahead with new Transpacific service upgrades. Emirates is the latest newcomer to the US market, making a return to transpacific after a 17 year absence, even though another newcomer CU Lines have given up plans to revive its US service after just a single sailing. Niche carriers Hede and SeaLe

Services

Hede Shipping adds 3rd Transpacific string

Hede Shipping will launch a 3rd independent HDS3 transpacific shuttle service connecting Nansha, Los Angeles, Nansha from 15 July 2025. The HDS3 will turn in 6 weeks and will be operated on a fortnightly frequency using 3 ships starting with the 4,298 teu REN JIAN 8 at Nansha on 15 July, followed by the 2,702 teu DORIS OCEAN on 29 July and the 4,395 teu REN JIAN 16 on 12 August.

Services

Sinotrans add China-Haiphong Service 2 (CHS2)

Sinotrans has added a new China-Haiphong Service 2 (CHS2) connecting Qingdao, Ningbo, Haiphong, Qingdao from 6 June 2025. The CHS2 turns in 14 days and deploys the 698 teu HAI SU 7 and HAI SU 6.

Services

MSC/Zim merges Pelican/ZSL and Lone Star Express/ZGC

MSC and Zim have merged their Pelican/Zim South Lotus (ZSL) and Lone Star Express/Zim Gulf Central (ZGC) service connecting the Far East with the US East Coast into a new Lone Star Express/Zim South Lotus (ZSL) service from 15 May 2025. The revised service will call at Cai Mep, Yantian, Ningbo, Shanghai, Busan, Mobile, Houston, Tampa, Miami, Bahamas Freeport, Singapore, Cai Mep. The new Lone Star Express/Zim South Lotus (ZSL) service will turn in 13 weeks and deploys 13 ships of 8,000 to 10,000

Services

Crowley launches US Northeast-Central America service

Crowley will expand it Central America port coverage with a new US Northeast-Central America service connecting Gloucester City (New Jersey), Puerto Cortes, Santo Tomas de Castilla, Gloucester City from 3 July 2025. The service turns in 14 days and will deploy 2 newly delivered Avance-class LNG powered ships of 1,340 teu with 300 reefer slots.

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