All News

Services

Safeen introduces UAE-Kuwait feeder service

Safeen Feeders has launched a new UAE-Kuwait feeder service connecting Abu Dhabi and Shuwaikh port with the 1,368 teu SAFEEN PRIDE from 12 April 2023.

Services

Safeen upgrades UAE-India-Gulf UIG service

Safeen Feeders have upgraded its UAE-India-Gulf (UIG) service with the introduction of 3,500 teu ships to the service from July 2023 with the port rotation streamlined to call at Abu Dhabi, Mundra, Nhava Sheva, Abu Dhabi, Umm Qasr, Dammam, Abu Dhabi. Calls at Kandla, Hamad and Bahrain that were previously in the UIG rotation have been dropped. The service will turn in 3 weeks with the larger ships including the 3,534 teu SSF DREAM and SSF DYNAMIC that are chartered from Simatech joining the 3,

Services

MSC amends Santana and Chinook service port rotations

MSC will change the port rotation of 2 of its standalone transpacific services in July 2023. The FE-USEC Santana service will call at Haiphong, Shanghai, Ningbo, Busan, Manzanillo (Mex), Cristobal, Caucedo, Port Everglades, Baltimore, Lazaro Cardenas, Haiphong from 2 July 2023. It replaces the current Santana rotation that calls at Singapore, Haiphong, Shanghai, Ningbo, Busan, Balboa, Caucedo, Port Everglades, Charleston, Baltimore, New York, Boston, Singapore that was itself just amended on 8

Companies

CMA CGM drops Containerships brand

CMA CGM will drop the Containerships brand from 1 July 2023, with all of the Containerships services coming under the unified CMA CGM brand. Containerships was founded in 1966 with operations based in Helsinki in Finland. CMA CGM had acquired Containerships from Finnish company Container Finance Ltd Oy on 31 October 2018, and retained the brand for its intra-European services. The acquisition was part of CMA CGM's strategy to densify its European regional network that began in 2002 with the acq

Charter

Charter Rates Falter as Cooling Demand and Resale Transactions Slow Down

Cooling demand and an increase in relet candidates have seen charter rates coming under fresh pressure. Rates are faltering across all size segments as the weakness in the feeder sizes is spreading to the panamax and larger sizes. Zim has sought the early termination of several sub-panamax and panamax ships with remaining charters of 2-3 years that has already started to put pressure on charter rates as these ships return to the charter market. Resale transactions are also cooling down althoug

Services

X-Press Feeders launch Irish Sea X-PRESS 5 (ISX 5)

X-Press Feeders will launch a new Irish Sea X-PRESS 5 (ISX 5) service connecting Southampton, Greenock, Belfast, Dublin, Cork, Southampton from 9 July 2023 with the 868 teu HELMUT. The service will provide relay connections at Southampton to Western Scotland, Northern Ireland and Ireland.

Services

Containerships launch SCX 2 Scotland Express 2 service

Containerships, the intra-Europe arm of CMA CGM, will launch a new Scotland Express 2 (SCX 2) service connecting Rotterdam, Hull, Grangemouth, Rotterdam from 8 July 2023 using the 750 teu ENCOUNTER. The SCX 2 will turn weekly in 7 days and will call at 3 terminals at Rotterdam - Rotterdam World Gateway (RWG), Dedicated Delta South (DDE) and RST Zuidzijde. It will complement that Scotland Express (SCX) service that currently calls at Rotterdam, Teesport, Grangemouth, Rotterdam that is operated

Services

FESCO Black Sea Service launched to complement FESCO Baltorient Line connecting China, India and Russia

FESCO has launched a new FESCO Black Sea Service (FBSS) connecting Rizhao, Shanghai, Shekou, Nhava Sheva, Novorossiysk with the 1,118 teu FESCO ASKOLD making the maiden voyage from Rizhao on 12 June 2023. The ship is scheduled to arrive at Novorossiysk on 19 July after a 36 day one-way transit. The FE-Med service will be operated irregularly for the time being, and will run alongside the FE-Baltic FESCO Baltorient Line (FBOL) that operates between Rizhao, Lianyungang, Shanghai, Ningbo, Yantian,

Port Congestion

Container Port Congestion Remained Steady

Container port congestion remained steady over the past week, with the total capacity tied up at anchorages at 1.7m teu or 6.4% of the fleet. There has been no significant changes across the 3 main regions of North Asia, North America and Europe with the congestion situation remaining steady throughout the past week. The resolution of the ILWU contract negotiations is expected to see further improvements across the US West Coast ports but the threat of a strike across the border remains as th

Services

Akkon Lines launch Turkiye Oran Service (TOS)

Akkon Lines will introduce a new Turkiye Oran Service (TOS) calling at Ambarli, Gebze, Gemlik, Aliaga, Oran, Ambarli from 1 July 2023 using the 658 teu DEPE.

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