The new service, Gulf China 2, is starting on 18 June with KOTA LOCENG (4330teu) calling Ningbo.
The Allseas Group has launched the Allseas Shipping Company on 13 June 2022 to provide shipping services, teaming up with container equipment provider 1st Containers in the UK. Although Allseas claim to be the first British registered shipping line to be launched in 4o years, it actually follows the re-launch of the Ellerman Lines brand in June 2021 by the Uniserve group of companies. Allseas will continue to develop the China Xpress service that was launched in April 2021 which has been expan
The alarmist reports of catastrophic demand drop are unwarranted. The recent weakness in smaller transpacific NVOCC bookings only reflect volume shifts as BCOs are able to book directly. Anyhow, demand has not picked up sufficiently...
The active containership fleet increased slightly over the past week due to the reduction in port congestion, with about 400,000 teu coming out of the congestion queue.
Global port congestion dropped from 13.1% to 11.1% in the past week, due mainly to the fall in Chinese port congestion.
The top 3 ports in the world all reported improved throughput volumes in May, with Shanghai retaining the top spot at 3.4m teu last month for a 10.3% MoM rebound.
Global port volumes are expected to rebound by 1.5% in May compared to April..... Despite the encouraging rebound, overall volumes in May remain 2.8% lower compared to the same period last year.
Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202223] Transpacific spot freight rates remain under pressure but alarmist reports of catastrophic demand drops are unwarranted. The recent weakness in smaller transpacific NVOCC bookings reflect volume shifts as BCOs are able to book directly at favourable rates with vessel space currently open. The reduction in the LA vessel queue is also freeing up more capacity to the USWC but USEC capacity remains constrained with conge
Qingdao Russia Shuttle will connect Qingdao, Korea and Russia through port rotation, Qingdao, Kwangyang, Busan, Vladivostok, Busan, Kwangyang, Qingdao.
China United is launching new service that connect South China and Philippines with OSG BEAUTEC's call at Nansha on July 2.