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Services

COSCO and OOCL join CNC in upgraded KCS and CHN1 service

COSCO and OOCL will join CNC, the intra-Asia arm of CMA CGM, in a new intra-Asia partnership involving 2 existing services operated by CNC that will both be upgraded to the 6,000-7,000 teu scale. The first service involves the existing CNC Korea China Straits Service (KCS) that calls at Xingang, Dalian, Lianyungang, Qingdao, Singapore, Jakarta, Surabaya, Manila, Xingang. The joint service will start from 29 December 2023, using 5 ships of which CNC will provide 4 ships (the 7,092 teu PELION, 6,

MarketPulse

Market Pulse – 2023 Week 49

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202349] The turmoil at both ends of the Suez and Panama passage have forced containerships to divert from their regular routes, as ships linked to Israeli interests are avoiding the Red Sea passage through the Suez Canal even as some of te neo-panamax ships on the Far East-US East routes are shifting to the Suez route to avoid the congested Panama Canal. While these moves will help to absorb some of the surplus ships, the im

Services

ONE and Samudera add Straits India Gulf (SIG) service

Samudera will be a vessel operating partner with ONE on the Southeast Asia to India and Gulf/Straits India Gulf (SIG) service that was launched on 16 November 2023. The SIG service calls at Singapore, Nhava Sheva, Mundra, Dammam, Jebel Ali, Cochin, Colombo, Singapore using 4 ships of 2,500-2,800 teu on a 28 day rotation, of which Samudera will contribute the 2,824 teu MONACO, that will operate alongside 3 ships operated by ONE (2,542 teu SAFEEN PRISM, 2,664 teu NYK ISABEL and 2,824 teu MONACO).

Markets

CoFIF rallied on Dec 1 GRI

Betting that the Dec 1 GRI may stick and on the hints of the positive SCFI print the Friday before (i.e. 24 Nov) , the CoFIF contracts rallied on strong volume last week. The April and June CoFIF contracts were up 12-19% WoW while the average daily turnover surpassed $1bn last week. The general sentiments among the CoFIF traders: the freight rates already discounted bearish fundamentals while the year end cargo rush and the liners’ incentive to create better sentiment for the annual contracts be

Services

Ellerman slots on MSC Scan Baltic to USA service

Ellerman will purchase 300 teu per week on MSC's Scan Baltic to USA service on a roundtrip basis starting from 6 January 2024. The service calls at Klaipeda, Gdynia, Gothenburg, Bremerhaven, Felixstowe, Antwerp, Le Havre, New York, Philadelphia, Norfolk, Jacksonville, Klaipeda. Ellerman will have a maximum allocation of 120 teu per week from Scandinavian ports to USA. The slot arrangement on MSC will replace Ellerman's USA Express (USX) service that calls at Antwerp, Rotterdam, Hamburg, Tilbury

Services

COSCO/OOCL to launch KTX4 service

COSCO and OOCL will expand their service network between Philippines and Japan from 8 January with the launch of the new KTX4 service that will call at Manila (North & South), Hong Kong, Shekou, Osaka, Kobe, Tokyo, Yokohama, Kaohsiung, Hong Kong, Manila. The KTX4 will add to OOCL's existing KTX suite of services connecting Japan, Taiwan, Hong Kong, South China and Southeast Asia that consists of the following strings: * KTX1 : Kanto - Taiwan Xiamen Service [https://www.oocl.com/SiteCollect

Services

THE Alliance diverts 3 FE-USEC services from Panama to Suez

THE Alliance carriers (Hapag-Lloyd, HMM, ONE and Yang Ming) will divert a total of 17 Panama transits to the Suez on 3 of its FE-USEC services from December 2023. The diversions will affect 3 northbound and 5 southbound sailings on the EC1, 3 northbound and 4 southbound sailings on the EC2 and 1 sailing in each direction on the EC6 over December 2023 and January 2024, with further extensions dependent on the Panama drought conditions. These diversions will add about 1 week to the total transit

Services

Swire Projects launch transpacific Semi-Liner service

Swire Projects, the specialist shipping services division of Swire Shipping, has launched a Transpacific Semi-Liner Service using 3 of its H-Class 28,500 dwt/1,553 teu mpp ships (PACIFIC HERO, PACIFIC HONOUR, PACIFIC HUMILITY) from 18 November 2023. The service will call on an irregular basis at Qingdao, Taicang, Everett, Vancouver, Qingdao with inducement calls at additional ports in Southeast Asia, US West Coast and Mexico with sailings every 2-4 weeks. The 3 H-Class ships were chartered by

Services

CMA CGM/COSCO launch Asia Subcontinent Express 2 (AS2)

CMA CGM and COSCO have launched a new Asia Subcontinent Express 2 (AS2) service that connects Shanghai, Ningbo, Shekou, Singapore, Colombo, Mundra, Nhava Sheva, Singapore, Shanghai from 16 November 2023. The AS2 will turn in 5 weeks using 5 ships of 4,200-6,300 teu, of which 4 ships are operated by CMA CGM (4,253 teu DERBY, 5,466 teu CMA CGM LEKKI, 6,350 teu APL MINNESOTA and TBN vessel)and 1 ship is from COSCO (5,085 teu COSCO NEW YORK).

Services

SeaLead introduces MEDSA service

SeaLead has launched a new Mediterranean-South America (MEDSA) service from 12 November 2023 that connects Casablanca, Itapoa, Paranagua, Santos, Casablanca. The first sailing was made by the 1,723 teu GREEN HOPE that departed from Casablanca on 13 November and arrived in Santos on 29 November. The service will turn in 5 weeks and will initially operate on a monthly frequency with only 1 ship with more ships to be added subsequently. Relay connections will be offered at Casablanca to Barcelona

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