All News

Services

MSC upgrades Turkey-West Med-West Africa service

MSC has completed the upgrade of its Turkey-West Mediterranean-West Africa (Turkiye-West Med-WAF) service following the extension of its former West Med-Canary-Dakar-West Africa service to Turkey. The upgraded service started from 24 February 2023 with the 5,550 teu MSC CORUNA. The service will turn in 8 weeks and will deploy 8 ships of 4,000-5,500 teu to call at Tekirdag, Derince, Iskenderun, Gioia Tauro, Livorno, Genoa, Fos, Valencia, Las Palmas, Dakar, Abidjan, Tema, Lome, Tincan Island, Lom

Services

Sea Lion upgrades Singapore-Pasir Gudang service

Sea Lion Shipping has upgraded its Singapore-Pasir Gudang feeder service from 1 March 2023, replacing its former barge service with ships chartered from MTT Shipping.  The 653 teu MTT  SINGAPORE and the 415 teu MTT RAJANG have been temporarily used to provide Singapore-Pasir Gudang shuttle services since March this year, operated in conjunction with MTT's Port Klang-Pasir Gudang domestic service. From the end of March 2023, the 415 teu MTT SIBU will be deployed on the Singapore-Pasir Gudang serv

Services

X-Press Feeders launch Intra-Adriatic Express (IAX)

X-Press Feeders have introduced a new Intra-Adriatic Express (IAX) feeder service connecting Venice, Koper, Venice. The new weekly service is aimed at intra-Adriatic positioning moves and will start at Venice on 30 March 2023  with the 698 teu SUNAID X.

Services

Arkas launches new service to Poti

Arkas launches Istanbul Poti Service (IPS) that rotates through Kumport, Ambarli, Poti, Kumport on 21-day round trip with one ship. The 1139 teu MARTINE A will phase on 22 March at Kumport. Until recently, MARTINE A has been deployed in Arkas's Tunis-Libya Service (TL)

Services

Maersk/Sealand Asia extends IA80 intra-Asia coverage

The Maersk/Sealand Asia IA80 coverage has been extended to North Asia to provide direct northbound connections from Philippines to the Kansai and Kyushu regions with southbound connections from North Asia to Cambodia. The revised rotation of the IA80 service started from the end of January 2023 and calls at Taichung, Xiamen, Hong Kong, Shekou, Sihanoukville, Bangkok, Laem Chabang, Ho Chi Minh City, Batangas, Manila(N), Manila(S), Osaka, Hibishinko, Busan, Hakata, Moji, Busan, Taichung. The serv

Service cancellations

2M suspends AE1/Shogun Asia-Europe service

Maersk and MSC have announced the suspension of their AE1/Shogun service that is one of the 6 Asia-North Europe loops operated within the 2M alliance. Although officially suspended from week 11 of 2023, the AE1/Shogun service was already operated irregularly since September 2022 with just 3 voyages made in the 4th quarter with the last sailing made on 13 December 2022 when the 14,036 teu MSC ALEXANDRA made the last westbound voyage from Asia. The AE1/Shogun called at Ningbo, Xiamen, Yantian,

Services

Hapag-Lloyd to launch Vietnam Indonesia Straits (VIS) service

Hapag-Lloyd will launch a new Vietnam Indonesia Straits (VIS) service that connects Ho Chi Minh City, Singapore, Port Klang, Belawan, Penang, Port Klang, Singapore, Ho Chi Minh City. The new service will turn in 2 weeks and starts from 10 April 2023 with the 1,781 teu CAT LAI EXPRESS that is shifted from the current Singapore-Vietnam Feeder (VNF) service. Hapag-Lloyd's new VIS service rotation

Companies

Cash Management A Bigger Challenge for Singamas

Singamas reported its full year results during lunch break today (15 Mar). The bottom line results of $46mn for FY and $8mn for 22H2, down 75% YoY and 93% YoY respectively was not a surprise since it was well discussed earlier in 2023 about the surplus of containers in the market and profit alerts were given in November last year and again 2 weeks ago. The negative surprise though come from probably the lower than expected final dividend payout of $6.11m declared for 2022. This came on top of

Services

Zim/GSL rationalizes China Australia CAX service after withdrawal of C2A/C3A

Zim/GSL will add new calls at Busan and Kaohsiung on its China Australia Express (CAX) service. From 18 April 2023, the CAX service will call at Busan, Shanghai, Ningbo, Kaohsiung, Xiamen, Sydney, Melbourne, Brisbane. The revised rotation will turn in 6 weeks and will deploy up to 6 ships of 4,250 teu. The CAX service was first launched in October 2020 and intially called at Ningbo, Shanghai, Yantian, Sydney, Melbourne, Brisbane, Ningbo using 6 ships of 2,500 teu with a Haiphong northbound cal

Ports

Chinese Port Throughput Diverts From Rest of the World

Chinese port data for January remains unavailable, with the publication of official government monthly statistics conspicuously delayed since September 2022. Chinese port data have been inflated since July 2022 with throughput volumes still showing positive growth year-on-year while volumes reported at ports in the rest of the world are clearly in decline. Chinese port volumes have historically led global volume growth, with the pick-up in Chinese port volumes in late 2020 and early 2021 foresh

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