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Services

HMM launch new Asia-East Coast South America service

HMM has launched a new Far East-India-Latin America (FIL) service that will call at Busan, Shanghai, Ningbo, Shekou, Singapore, Kattupalli, Durban, Santos, Paranagua, Itapoa, Itajai, Buenos Aires, Montevideo, Singapore, Hong Kong, Busan. The first sailing was on 7 December 2021 with the 3,190 teu HYUNDAI GOODWILL. 7 ships of 3,190 to 3,650 teu will be deployed the service will a full rotation that will take 12 weeks in total. The service will initially run on a fortnightly frequency and is expe

Companies

ZIM launch new Med-ISC (ZMI) service

ZIM has launched a new ZIM Med-ISC (ZMI) service connecting Israel and Turkey to the Indian subcontinent. 4 panamax ships of 4,250-4,310 teu will be deployed on the new service that calls at Mundra, Nhava Sheva, Colombo, Haifa, Mersin, Ambarli, Mundra. The first sailing is scheduled on 17 December 2021 with the 4,250 teu SEASPAN FELIXSTOWE, to be followed by SEASPAN DALIAN, TONGALA and KOTA LAGU. ZIM Med-ISC (ZMI) service route

Ships

MSC retrofit program for older ships continues...

MSC is continuing with its vessel retrofit program, with ships of over 20 years being given new leases of life. The 2001 built MSC SINES R completed its retrofit in Gemak Tuzla in August 2021 The 3,430 teu MSC SINES R is a recent addition to the retrofitted fleet, having undergone an extensive renovation at the Turkish Gemak Tuzla shipyard from June to August 2021. 3 of the ship's 4 cranes were removed, and a hybrid SOx scrubber was installed at the same time. The ship was originally built by

Containership scrapping at lowest level since 2005

The scrapping of MATSONIA (see https://www.linerlytica.com/cms/oldest-containership-sent-for-scrap/ [/cms/oldest-containership-sent-for-scrap/]) brings the total number of containerships deleted in 2021 to 26 ships for 19,676 teu. This is the lowest level of containership scrapping since 2005 when just 12 ships for 4,910 teu were deleted. The vessel deletions are well down from the peak of 223 ships for 696,552 teu recorded in 2016 which marked the worst year for the container shipping market.

Scrap

Oldest containership sent for scrap

Matson has finally sent the 48 year old container/roro ship MATSONIA for scrap. The ship was towed for her final journey on 21 December 2021 from its lay up location in Oakland to Brownsville in Texas where she will be scrapped. MATSONIA is to be towed for its final journey from Oakland to BrownsvilleThe MATSONIA was delivered on 11 December 1973 by Sun Shipbuilding in Chester to Matson. It was the fifth RORO trailership of the Ponce de Leon class built by Sun Shipbuilding and has remained und

Zim

ZIM returns to Samsung for its largest new ship order

Seaspan has ordered ten 15,000 teu containerships that will run on LNG fuel, with a 12 year charter arrangement to ZIM

Asia-Europe

CUL launch China-Europe and China-South America service

First new entrant on the Asia-North Europe route since 2004.

Asia-Europe

More MPP ships on Asia-Europe run

Although spot freight rates to North Europe have declined from their peak in January 2021, various carriers are adding ad-hoc sailings on this route using MPP tonnage

Companies

Singamas may turnaround on the record demand, we estimate

Singamas may deliver over $90m in 2021, equivalent to half of its current market capitalization.

Ships

Containership deliveries in January 2021

The geared 2,750 teu SUVA CHIEF and the 1,276 teu DEL MONTE VALIANT are the first containerships delivered in 2021. The geared 2,750 teu SUVA CHIEF and 1,276 teu DEL MONTE VALIANT are the first containerships delivered in 2021 by the Huangpu Wenchong shipyard on 4 January

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