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Services

Pan Ocean and HMM launch CVT

The new service, China Vietnam Thailand (CVT), will start with SKY RAINBOW calling Incheon on June 25.

Services

Hapag Lloyd launched Saint John Express

Saint John Express will run weekly in rotation, Hamburg - Antwerp - Saint John - Hamburg with 4 ships.

Services

MSC launch new North Asia-SE Asia Pertiwi service

MSC will launch a new Pertiwi service that connects Busan, Qingdao, Incheon, Dalian, Xingang, Cai Mep, Laem Chabang, Singapore, Tanjung Pelepas, Jakarta, Panjang, Singapore, Tanjung Pelepas, Busan from 8 July 2022. 5 ships of 2,500 teu are expected to be deployed on this service that will turn in 35 days, starting with the 2,526 teu CARDIFF TRADER that will join the service on 8 July at Busan under its new MSC name. MSC Pertiwi service port rotation

MarketPulse

Market Pulse – 2022 Week 22

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202222] Spot freight rates continued to drop on the Asia-Europe and Transpacific routes despite the reopening in Shanghai with volumes remaining soft. The composite SCFI increase was driven by rebounds on the Latin America and Middle East routes but the increase will only be sustainable if volumes strengthen from their current levels. Expectations remain high for a rebound in volumes for the summer peak season, with new orde

Services

BTL and Meratus launch new China Indonesia Service (CIS)

Bengal Tiger Line (BTL) has teamed up with Meratus Line to launch a new China Indonesia Service (CIS) calling at Jakarta, Surabaya, Ningbo, Nansha with the 1,162 teu MTT SAMALAJU that made its maiden call for BTL at Jakarta on 3 June 2022. The Ningbo call will be replaced by Shanghai once the lockdown in Shanghai is fully lifted. The service will turn in 3 weeks, with 2 more ships from Meratus being deployed, the 1,301 teu MERATUS SORONG and the 1,129 teu MERATUS MEDAN 1. Meratus had first lau

Services

CMA CGM and COSCO/OOCL to launch new FE-WCSA service (ACSA 5/ WSA 5/TLP6)

CMA CGM, COSCO and OOCL will launch a new Far East-West Coast South America service from the end of June 2022 calling at Hong Kong, Shekou, Ningbo, Shanghai, Manzanillo, Puerto Quetzal, San Antonio, Hong Kong. The service will turn in 10 weeks, using 5 ships of 3,300 teu to 5,090 teu on a fortnightly frequency with 3 ships from CMA CGM and 2 ships from COSCO. The first sailing is scheduled on 28 June 2022 with the 3,314 teu COLOMBO from COSCO. The service is branded as the Asia Central South A

Ports

Apr throughput flagged weakening end demand

What may have gone unnoticed by the market is the outperformance of port throughput in China relative to the other Asian cargo origins. Shanghai lockdown has many expected a drop in volume out of China ...

CMA CGM

CMA CGM launching TMX1.2

CAM CGM is launching Turkey Med Express 1.2, a new weekly service connecting Turkey with West Med and North Africa.

MarketPulse

Market Pulse – 2022 Week 21

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202221] Freight rates remain subdued, although sentiment is buoyed by the anticipated reopening at Shanghai. Capacity utilisation levels for vessels departing from Asia has weathered the Shanghai lockdowns in the last 2 months relatively well, with no notable dips based on Linerlytica’s ship utilisation data. Market expectations of a large rebound in cargo volumes are not justified, as there is no evidence of a large cargo

Services

PIL to launch new South China Thailand Vietnam link

PIL will launch a new Thailand China Vietnam (TCV) service calling at Laem Chabang, Qinzhou, Haiphong, Ho Chi Minh City, Laem Chabang. The service will start from 3 June from Laem Chabang with the 777 teu KOTA RATNA. The service will turn in 2 weeks, with sailings provided every fortnight. A second ship is expected to be added later with the frequency to be upgraded to weekly.

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