All News

Kalypso

Kalypso launch Marco Polo and Salgari Service

Kalypso Compagnia di Navigazione, the new shipping line of of the Rif Line Group, has launched 2 separate Asia to Italy services. The Marco Polo service calls at Taicang, Dachan Bay, Jakarta, Salerno, Civitavecchia, Taicang using 3 to 4 ships of 1,300-3,000 teu on a 8 week rotation, with sailings offered every 2-4 weeks. The new service was launched on 18 April 2022 as an enhancement of its previous Civitavecchia Express service that was first introduced by Rif Line in August 2021. The Jakarta

Congestion

Global Port Congestion Up

Global port congestion increased to 12.4% as at 19 June 2022, with congestion picking up again in Chinese ports especially around Ningbo, Shanghai and Qingdao.

MarketPulse

Market Pulse – 2022 Week 24

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202224] Spot freight rates fell last week with recession fears dampening peak season demand. Although demand is picking up, overall capacity on transpacific routes have increased materially in the past week and has outpaced demand as some carriers are offering rates below $7,000/feu to the West Coast. The window for the next transpacific rate hike has been pushed back to mid-July, but its success will depend on how strong ca

Services

CNC, PIL and RCL to launch new new China-Korea-Thailand-Vietnam service

CNC, PIL and RCL will launch a new weekly service connecting Xingang, Dalian, Incheon, Qingdao, Shanghai, Laem Chabang, Ho Chi Minh City using four ships of 2,400-2,800 teu. The service will start at Xingang on 1 July with the 2,478 teu APL CAIRO.

Services

PIL and partners enhance Gulf China Service, with ESL to join in July

PIL and partners enhance Gulf China Service, with ESL to join in JulyPIL has announced an enhancement to the Gulf China Service (GCS) with the addition of new calls at Shanghai and Singapore.

Services

SITC's new Xiamen Manila shuttle

SITC launched new service, E-Commerce Express 1 service (EPX1), that covers port rotation Xiamen-Manila-Xiamen with one ship PHUC THAI (698 teu).

Services

MSC launched new E.Med to US service

The service, South Turkey - Israel - Egypt To USA service, have started in May, going through port rotation, Mersin, Iskenderun, Haifa, Damietta, Savannah, Charleston, Freeport (Bah), Derince, Mersin.

Services

PIL started second Gulf China Service

The new service, Gulf China 2, is starting on 18 June with KOTA LOCENG (4330teu) calling Ningbo.

DKT Allseas

Allseas Shipping Company launched

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

Markets

TP Freight Rates Still Soft

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...

© 2022 Linerlytica. All rights reserved.