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MarketPulse

Market Pulse – 2022 Week 11

Download Full Report [https://www.linerlytica.com/uploads/Linerlytica-MP11.pdf?utm_source=W202211] MARKET BRIEF – 2022 WEEK 11 Spot freight rates dropped for the 10th consecutive week, with the impact of the lockdowns in several cities in China and the Ukraine conflict weighing down further on freight demand. Charter rates also appear to have peaked by the end of the week with the first drop in the charter rate index since early December. This has not deterred carriers from chasing tonnage with

Services

Pan Ocean and Dong Young to launch New Haiphong Express (NHX)

Pan Ocean and Dong Young will launch the New Haiphong Express (NHX) service on 27 March 2022 using 2 ships of 700 teu. The service will connect Busan, Kwangyang, Incheon, Haiphong, Shekou, Incheon, Busan.

Services

Wan Hai launches new China-Vietnam-India service

Wan Hai has launched a new South China-Vietnam- Eastern India service (CI7) that will connect Haiphong, Zhanjiang, Nansha, Ho Chi Minh City, Port Klang, Chennai, Visakhapatnam, Port Klang, Haiphong using 4 ships of 1,400-1,700 teu. The service will start at Haiphong on 26 March 2022 with the 1,440 teu CAPE FARO.

Services

MSC to launch Scan Baltic to USA service

MSC will introduce a new Transatlantic service connecting Lithuania, Poland and Sweden with the US East Coast from 28 March 2022. It will be the only service that serves these Scan Baltic countries directly to the US without transhipment. The Scan Baltic to USA service will call at Klaipeda, Gdynia, Goteborg, Bremerhaven, New York, Philadelphia, Norfolk, Klaipeda using 6 ships of 4,200 teu to 6,700 teu. MSC Scan Baltic to US East Coast service rotation

MarketPulse

Market Pulse – 2022 Week 10

Download Full Report [https://www.linerlytica.com/uploads/Linerlytica-MP10.pdf?utm_source=W202210] MARKET BRIEF – 2022 WEEK 10 Spot freight rates dropped for the 9th consecutive week, with further falls expected in the next 2 weeks as carriers were unable to push through with mid-March rate increases amidst soft volumes across all main tradelanes. The weakness has not deterred carriers from chasing tonnage as charter rates and resale prices continued to rise, and fresh ship orders have been unv

Services

Meratus continues international expansion with launch of China Indonesia Express service

Meratus has launched a new China Indonesia Express (CIX) service connecting directly Jakarta, Semarang and Surabaya to Qingdao and Shanghai. The service started on 14 March 2022 with the 1,301 teu MERATUS SORONG and the 1,129 teu MERATUS MEDAN 1. The CIX service will be operated on a fortnightly basis. The launch continues Meratus international expansion outside of its core Indonesia domestic services. The Indonesian carrier also launch a new Java Malaysia Express (JMX) service connecting Jakar

Companies

Hapag-Lloyd acquires DAL

Hapag-Lloyd announced on 10 March 2022 that it has signed an agreement to acquire the container shipping business of Deutsche Afrika-Linien (DAL), subject to regulatory approvals. (Updated : Hapag-Lloyd announced on 1 June 2022 that the acquisition has been finalised after securing the approval of anti-trust authorities.) The Hamburg headquartered DAL owns a single 6,589 teu container ship DAL KALAHARI and operates a container fleet of 17,800 owned and leased container which will be taken ov

Companies

ZIM’s 21Q4: better than expected on top line

The beat came mainly from the higher freight rates (+12% QoQ versus ours 7% QoQ) secured by ZIM during the past quarter, which leads to $400m higher top line.

Services

MSC revises Europe-East Med routing

MSC will revise the rotation of two North Europe-East Med services after it ends its cooperation with Zim on this trade from the end of March 2022. The revision will involve the Israel Express /NE1 service that was jointly operated by MSC and Zim and currently calls at Felixstowe, Hamburg, Rotterdam, Antwerp, Le Havre, Limassol, Ashdod, Haifa, Ashdod, Valencia, Felixstowe using 5 ships of 5,500 to 6,700 teu, of which 2 ships are contributed by ZIM and 3 ships by MSC. The last sailing of the joi

Services

Zim to launch new SE Asia-USEC ZXB service

Zim will launch a new ZIM Ecommerce Baltimore Express (ZXB) service that calls at Yantian, Cai Mep, Baltimore, New York, Boston, Yantian. The service will be operated initially on a fortnightly basis using 5 ships of 2,700-3,400 teu on a 70 days rotation and will be upgraded to a weekly frequency at a later date. The first sailing will be on 8 April with the 3,100 teu MH GREEN.

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