CMA CGM will launch a new Thailand Vietnam India EC (TVI) service connecting Laem Chabang, Cai Mep, Singapore, Port Klanf, Chennai, Colombo, Laem Chabang from 23 December 2025. The TVI will replace the existing India East Coast Express 2 (IEX2) service that calls at Singapore, Chennai, Colombo, Singapore. The TVI service will turn in 4 weeks using 4 ships of 1,700 to 2,800 teu starting with the 2,822 teu CNC JAGUAR at Laem Chabang on 23 December 2025.
MSC's Albatros service has been reconfigured into a full westbound Round-The-World (RTW) service calling at Xingang, Dalian, Kwangyang, Ningbo, Yantian, Singapore, Felixstowe, London Gateway, Bremerhaven, Gdansk, Boston, New York, Freeport (ad hoc), Xingang. The extended Albatros service will add a new Transatlantic leg to the former Asia-North Europe service along with US East Coast and Bahamas connections to the Far East. The ad-hoc Transatlantic calls have been introduced since September 202
Register Free Trial No full scale return to the Suez is expected in the next 2 months despite the statement from the Suez Canal Authority on 25 November that Maersk will send their ships back to the Suez Canal in early December. Neither Maersk or its Gemini Cooperation partner Hapag-Lloyd are scheduled to return any of their ships to the Suez next month. CMA CGM remains the only main carrier to test the early return to the Suez, with 3 of its Asia-Europe & Med services set to resume eastbound v
Only 14 containerships for 9,857 teu have been scrapped so far this year, with no new scrap sales expected in December as the high charter rates are keeping older ships from the scrapyard. The full year scrapping rate in 2025 will be the 2nd lowest on record, only surpassing 2022 when just 3 ships for 2,848 teu were sent for demolition during the height of the COVID pandemic. With over 1,690 ships for 4.40m TEU that are over 20 years old, the number of ships to be scrapped will need to accelera
The Gemini Cooperation partners Hapag-Lloyd and Maersk remain at the bottom of the EBIT margin ranking amongst the main publicly listed carriers, lagging behind their industry peers by as much as 20%. The high cost of maintaining the superior schedule reliability of the Gemini network and their inability to secure any freight rate premium have continued to drag down the 2 carriers’ operating performance.
Container traffic from the Far East to the US Transpacific volumes fell by 7.2% YoY in October following a 10.0% YoY drop in September. Volumes are starting to stabilize after the initial turbulence since import tariffs into the US were first announced in April this year, with the softening trend expected to continue into November and December. Although YTD volumes through October remains positive at 2.1% due to front loading during the first 4 months of this year and a strong rebound in July a
The vote to delay the Net-Zero Framework on 17 October 2025 reveals a deep split between IMO member states with the EU pushing the decarbonization agenda along with smaller island states that stand to gain the most from the NZF while the US and most of Asia were opposed to the adoption of carbon pricing on shipping. Countries that voted for the delay included the US, China and Russia along with other major oil exporting nations. Singapore was the only Asian country to vote against the motion to
IMO member states voted 57-49 to adjourn the MEPC meeting for one year on 17 October 2025, delaying the adoption of the Net-Zero Framework (NZF) which raises investment uncertainty for new containerships although it will not stop the ongoing wave of new ship orders. Owners have added a further 240,000 teu to the orderbook in the last 2 weeks, bringing total new containership orders in 2025 past the 4m teu mark. Containership owners and operators are already ahead of other shipping segments in t
Register Free Trial The container market barometer has shifted into negative territory again with TEU-mile demand growth slipping below the growth in vessel supply and the outlook remaining gloomy for the remainder of this year. Carriers’ reluctance to withdraw capacity during the slack winter season has hurt freight rates across key routes with the transpacific rates facing the greatest stress. Despite the softening freight market, carriers has continued to bid up charter rates and second-han
Ningbo Ocean Shipping (NBOSCO) has restarted China-Middle East Gulf Express (CGX) service as a vessel operator on the Milaha, Sinokor, Unifeeder service that is branded respectively as Milaha Gulf Express (MGX), Sinokor Gulf Service 1 (SGX1) and China Gulf Express (CGE). NBOSCO has added the 4,250 teu WADI BANI KHALID to the service from 30 October 2025 and takes over the vacant slot after CU Lines' departure from the service earlier this year. The service is currently operated with 5 ships of