Shanghai and Ningbo recorded their highest ever monthly container throughput in August, as global container volumes have remained resilient despite the gloomy trade and economic outlook. Total volumes at the 2 largest Chinese ports exceeded 5m teu and 4m teu respectively in the past month and continue to defy the impact of the US tariffs, with significant growth recorded on the Intra-Asia, Indian subcontinent, Latin America and Africa routes. In the first 7 months of 2025, container volumes han
Register Free Trial Although global container volumes have remained resilient so far this year, freight rates continue to be beaten down. The SCFI rally was short-lived as the composite index slumped by 14.3% last week in its 3rd worst weekly drop since 2009 as carriers gave up all their Transpacific rate gains in early September and resumed their price war ahead of the Golden Week holidays in China. Rates from China to the emerging markets were not spared, as carriers slashed rates across the
Tailwind will expand its existing Dolphin Express (DEX) Barcelona-Moerdijk service with the addition of 4 ports from 19 October 2025. The extended DEX will call at Barcelona, Moerdijk, Antwerp, Setubal, Cadiz, Casablanca, Barcelona with a 3rd 1,380 ship, the PANDA 003 joining the 2 existing ships (PANDA 004 and PANDA 005) as the rotation is lengthened from 14 days to 21 days.
Global Feeder Shipping (GFS) has added 4 new feeder services in Africa as part of its global expansion move with Maersk as the primary slot user. Details of the 4 new services are as follows: * Mombasa-Zanzibar Service (MZS) connecting Mombasa, Zanzibar, Mombasa on 21 day rotation using the 1,118 teu DEVON from 18 July 2025. * Pointe Noire-Douala Service (PDS) connecting Pointe Noire, Doula, Pointe Noire on a 14 day rotation using the 1,440 teu GFS SAPPHIRE from 10 July 2025. * Pointe Noire-
Evergreen, Yang Ming and Wan Hai have teamed up to launch a new China Indonesia Malaysia (CIM) service connecting Dalian, Xingang, Qingdao, Ningbo, Surabaya, Jakarta, Singapore, Port Klang, Kaohsiung, Dalian from 31 October 2025. The CIM service will turn in 5 weeks using 5 ships of 2,400 to 3,000 teu starting with the 2,634 teu EVER ORDER at Dalian on 31 October 2025, followed by the 2,634 teu EVER OASIS, 2,476 teu EVER ORIGIN, 3,013 teu WAN HAI 363 and 2,940 teu YM CONTINUITY.
MSC has added a new Intra E-Med String 2 service connectng Piraeus, Lattakia, Tartous, Mersin, Beirut, Piraeus from 7 September 2025. The service is scheduled to turn in 7 day to 10 days using the 847 teu MED URLA.
MSC will add a new Sri Lanka to Abu Dhabi service connecting Colombo, Abu Dhabi, Colombo from 14 October 2025. The service will turn in 14 days using the 2,015 teu AS ALVA and 2,478 teu MSC FALCON III.
KMTC will consolidate 4 of its Korea-West Japan services into 3 new services from October 2024. Details of the 3 new services are as follows * Japan Setouchi Service 5 (JSS5) calling at Busan, Iyomishima, Imabari, Matsuyama, Tokushima, Takamatsu, Mizushima, Busan. The service will turn in 7 days using the 728 teu SUNNY DAHLIA at Busan from 2 October 2025 * Japan Kyushu West (JKW) calling at Busan, Shibushi, Satsuma Sendai, Kumamoto, Yatsushiro, Nagasaki, Busan. The service will turn in 7 days
The freight futures in Shanghai experienced a wild ride over the past two trading sessions, with a spike at the open yesterday followed by a retreat over the past two days, apparently finding a short-term bottom this afternoon. The spike yesterday was driven primarily by short covering, as open interest has hardly changed. Then Maersk offered $1,400 per FEU for shipments departing on the first week of October, which gave short sellers added conviction. The short sellers returned today and added
Register Free Trial Container freight rates resumed its decline with the SCFI slipping by 3.2% last week, with sharp drops in rates from China to Europe, Mexico, Middle East and India. Even the SCFI rate gains on the Transpacific is masking the weakness in the US trades, with market rates already falling rapidly. The suspension of 2 services to the US West Coast in September is insufficient to stop the rate rot as only 1.5% of the total capacity on the route is removed. The USTR 301 service fe