All News

Services

TSL and YM launch revised Japan-Taiwan-South China (JTK3)/Japan Kansai Express (JKX) service

TS Lines and Yang Ming have launched an updated Japan-Taiwan-South China (JTK3)/Japan Kansai Express (JKX) service that will call at Osaka, Kobe, Busan, Keelung, Kaohsiung, Hong Kong, Shekou, Xiamen, Osaka. The JTK3/JKX service will turn in 2 weeks and deploys 2 ships of 1,700-1,900 teu with TSL and YM each contributing one ship. The revised JTK3 started from Hong Kong on 16 March 2024 with the 1,909 teu TS GUANGZHOU and will be followed by the 1,803 teu YM INAUGURATION.

Services

Samskip launch Santander-Tilbury-Rotterdam service

Samskip will launch a new Spain-United Kingdom-Rotterdam service connecting Rotterdam, Santander, Tilbury, Rotterdam from 2 April 2024 with the 803 teu SAMSKIP EXPRESS. The service will operate on a weekly frequency and is aimed at replacing road-ferry alternatives in the European short-sea route.

Services

HMM shortens Tianjin to Philippines (TTP) service rotation

HMM has shortened the rotation of its Tianjin to Philippines (TTP) service to remove calls at Xingang, Dalian and Busan from March 2024. The revised TTP rotation will call at Qingdao, Shanghai, Ningbo, Kaohsiung, Manila, Qingdao on a 3 week rotation using 3 ships of 4,700 teu. The previous TTP was introduced in October 2023 to call at Busan, Dalian, Xingang, Qingdao, Busan, Shanghai, Ningbo, Kaohsiung, Manila, Busan on a 5 week rotation.

Services

Maersk IA-5 rotation shortened

Maersk has revised the rotation of the Intra-Asia 5 (IA-5) service from 17 March 2024 to call at Shanghai, Busan, Moji, Shanghai, Ningbo, Shekou, Tanjung Pelepas, Thilawa, Yangon, Tanjung Pelepas, Muara, Tawau, General Santos, Davao, Cagayan de Oro, Shanghai. The revised IA-5 service will turn in 7 weeks and will deploy 7 ships of 1,700 teu. The rotation is shortened by 1 week compared to the previous service that called at Shanghai, Dalian, Incheon, Busan, Tokyo, Yokohama, Nagoya, Osaka, Busan

Services

ONE launch West India North America Express (WIN) service via Cape route

ONE will proceed with the launch of the new West India North America Express (WIN) service on 9 May 2024 on an extended routing through the Cape of Good Hope with changes to the original rotation first announced in January 2024. The revised WIN service will call at Port Qasim, Hazira, Nhava Sheva, Mundra, New York, Savannah, Jacksonville, Charleston, Norfolk, Port Qasim, with the calls at Damietta (westbound and eastbound), Algeciras (westbound) and Jeddah (eastbound) omitted due to the divers

Services

Maersk to restart TP20 transpacific service to US East Coast

Maersk will relaunch its FE-USEC Transpacific TP20 service from April 2024. The new TP20 service will call at Qingdao, Shanghai, Yantian, Panama Canal, Newark, Baltimore, Houston, Panama Canal, Qingdao on a revised rotation that will be different from the last version of the service which called at Jakarta, Cai Mep, Shanghai, Ningbo, Busan, Panama Canal, Mobile, New York, Suez Canal, Jakarta. The TP20 was first launched by Maersk in July 2021 and operated until February 2023 when it was withraw

Services

Folk Maritime and CMA CGM to launch North Red Sea (NRS/NRX) service

Folk Maritime will team up with CMA CGM to launch a new North Red Sea (NRS)/North Red Sea Express (NRX) service from 9 April 2024. The NRS/NRX will call at Jeddah, Neom, Sokhna, Aqaba, Yanbu, Jeddah using 2 ships of 1,600-2,000 teu, starting with the Folk Maritime chartered 2,045 teu JIN SHUN HE, followed a week later by the 1,641 teu APL SAIPAN from CMA CGM. Folk Maritime is a new carrier established on 26 February 2024 in Riyadh to operate feeder and short sea services connecting ports in  S

Services

Medkon launch Espana Express (ESX)

Medkon Lines have launched a new Espana Express (ESX) service connecting Tunisia and Spain from 11 March 2024. The ESX will call at Sfax, Rades, Valencia, Barcelona, Sfax using the 698 teu MEDKON CANAKKALE on a 10 day frequency.

Port Congestion

Port Congestion Up As Delayed Vessels Arrived in Europe

Global port congestion deteriorated last week, with a rise in European congestion around Southern Spain and UK ports. The increased number of vessels calling at Valencia and Barcelona as well as bunching of ship arrivals have resulted in berthing delays of 2-3 days. The hub ports in the western Med, including Algeciras, Tanger and Las Palmas have also seen more vessel calls as relay ports for cargo to the rest of the Med and Upper Red Sea areas. This situation is expected to continue with Red Se

Markets

Charter Market Up Trend Continues

Zim has confirmed the purchase of 5 ships of 8,400-10,000 teu ships in February that were previously chartered from NSC Schiffahrt by exercising a purchase option for a total consideration of $129m. It brings Zim’s total owned fleet to 14 units, compared to just one ship in 2020. Zim’s owned fleet comprises just 11% of its current operated fleet – still the lowest ratio of owned ships amongst the Top 12 carriers. The charter market continue to trend upwards with demand still strong across all s

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