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CNC/CMA CGM to launch North China Booster service

CNC, the intra-Asia subsidiary of CMA CGM, is launching a North China Booster service that connects Dalian, Qingdao, Busan, Kwangyang, Busan, Dalian. The new feeder service  will turn in 7 days using the 1,708 teu CNC BANGKOK that will phase in at Dalian on 30 June 2023.


Imoto Lines receives its largest ship for domestic Japan trade

Imoto Lines has received the first of 3 ships of 1,096 teu for the domestic Japanese trade with the KISO that was delivered on 10 May 2023 by Kyokuyo shipyard, although the first port call was made on 2 June 2023 at Kobe. The ship is deployed on the Yokohama, Tomakomai, Sendai, Yokohama route for its maiden service. Imoto will introduce 2 more sisterships to its domestic feeder routes by the end of this year. These ships are the largest ships in the Imoto, surpassing the 670 teu units that are


Market Pulse – 2023 Week23

Register Free Trial [] Although the SCFI rose by 4.6% on the back of 1 June transpacific rate increases, market sentiment remains poor with the CCFI still sliding and carriers continued to offer discounts with cargo demand still insufficient to support rate hikes. Rates on the Atlantic, Asia-Europe and Australia routes remain under significant pressure, while the recent charter rate rally is starting to soften on the smaller size segments


Main carriers liftings drop for 7th consecutive quarter

Container liftings for main carriers fell 6.8% YoY in 1Q 2023, accelerating from the 6.6% YoY fall in 4Q. All  9 of the main carriers recorded volume reductions, with Zim and Maersk recording the largest drops. The aggregate liftings of the 9 carriers in 1Q 2023 were even lower than the 2Q 2020 level during the first COVID wave. Despite the of the continuous improvement of the vessel turnaround time on the easing of port congestion, liner’s volume yield (liftings per slot) has continued to fall


Containerships upgrade Portugal East Coast (PGEC) service

CMA CGM's Containerships has upgraded its Portugal East Coast (PGEC) with new calls at Bassens (France) and Algeciras (Spain) from 6 June 2023. The revised PGEC rotation will call at Rotterdam, Bassens, Setubal, Algeciras, Setubal, Leixoes, Ferrol, Tilbury, Dunkirk, Antwerp, Vlissingen, Rotterdam on a 21 day rotation using 3 ships - the 962 teu SPICA J, 812 teu VOHBURG and 803 teu JORK RULER.


ASL, CUL & PIL launch South China Vietnam Philippines service

ASEAN Seas Line (ASL), China United Lines (CUL) and Pacific International Lines (PIL) have teamed up to launch a new jointly operated Intra-Asia service calling at Shekou, Nansha, Xiamen, Manila North, Subic Bay, Xiamen, Shekou, Nansha, Ho Chi Minh City, Shekou. The new service is branded respectively by ASL, CUL and PIL as the South China Vietnam Philippines service (SVP), South China Philippines Service (SP1) and China Philippines Vietnam (CPV). It turns in 3 weeks using 3 ships of 1,000-1,2


Zim/GSL switch Kolkata Colombo (GKC) service

Zim and Gold Star Line (GSL) have revised the GSL Kolkata Colombo (GKC) service with the addition of new calls at Chittagong and Kattupalli from May 2023. The revised service has been renamed Kolkata Chittagong Express Shutle (GKC) and calls at Colombo, Chittagong, Kolkata, Kattupalli, Colombo, turning in 21 days using 3 chartered ships of 1,000-1,100 teu (IMKE SCHEPERS, SINAR BANGKA, ASIATIC NEPTUNE).


Global Field Line establish new China-UAE-Russia connections

Global Field Line (GFL) has added new port calls and increased frequencies on its China-UAE-Russia service with relay connections at Jebel Ali. The service was first launched on 27 February 2023 with the 1,725 teu SHUN LONG that operates on the Jebel Ali, St Petersburg, Jebel Ali route, with a second ship, the 1,498 teu OCEAN SILKWAY to join on 4 June 2023 on the same route. The 2 ships connect at Jebel Ali with GFL's China-UAE service that was launched on 2 April with the 2,518 teu ZHONG GU ZH


Market Pulse – 2023 Week22

Register Free Trial [] Carriers continued to take one step forward and 2 steps back, with the rise in the SCFI last week providing little relief for the market as the CCFI continued to fall. The divergent movement of the SCFI and CCFI reflects the decline in average rates despite carriers’ attempt to push rate increases that have so far failed to stick. The SCFI will see further increases this week from the 1 June GRI on the transpacific,


KMTC/CK Line/Pan Ocean team up in new Korea Thailand Express (KTX) service

CK Line and Pan Ocean have joined KMTC on the Korea Thailand Express (KTX) service with each carrier contributing one ship each on this service from May 2023. The 1,440 TEU CAPE FARO  from CK Line and the 1,809 teu POS BANGKOK from Pan Ocean joined the KTX service on 20 May and 23 May respectively, and will operate alongside the 1,809 teu KMTC POHANG on the new KTX service. The current port rotation of the KTX remains unchanged, calling at Incheon, Kwangyang, Busan, Ho Chi Minh City, Laem Cha

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