X-Press Feeders have introduced a new Colombo West Coast India (CWC) service through slots on CMA CGM/OOCL's Bangladesh India Gulf Express that is operated with 4 ships of 1,700 teu. The full service rotation calls at Chittagong, Colombo, New Mangalore, Nhava Sheva, Mundra, Jebel Ali, Abu Dhabi, Chittagong, with X-Press' CWC offering only the Colombo, New Mangalore, Nhava Sheva leg of the service.
Charter rates are starting to falter with carriers forced to reconsider their peak season deployment plans especially on the transpacific where demand has remained very weak while the risk of an escalation in port congestion has been substantially lowered following the ILWU agreement reached last week. The sharp decline in transpacific rates has already forced all the new carriers apart from Swire/UWL out from the trade, with Pasha and CU Lines the latest micro-carriers to withdraw. The increas
Namsung, ONE, PIL and TS Lines are coming together to launch a new Korea-China-Straits service starting from 6 July 2023. The new service will call at Busan, Kwangyang, Shanghai, Shekou, Singapore, Port Klang, Penang, Singapore, Ho Chi Minh City, Nansha, Busan using 4 ships of 2,000-2,900 teu, with each partner to deploy one ship each. The service will be branded respectively as the New Far East Straits (NFS) by Namsung, Korea China Straits 2 (KC2) by ONE, Korea-China-Straits (KCS) by PIL and
Sidra Line will introduce a new Turkey-Egypt Express Service (EXS) connecting Izmit, Ambarli, Aliaga, Alexandria, Izmit from 7 July 2023 with the 707 teu FATMA. The service will provide connections between Turkey and Eqypt with a 4-5 day transit time, with sailings every 10 days. It will also connect at Izmit and Ambarli to Sidra's Libya Express (LYX) and Novorossiysk Express (NVX) to provide relay connections between Egypt with Libya and Russia respectively.
HMM will launch a new Far East-India-Med (FIM) service from 1 August 2023 that connects Busan, Kwangyang, Shanghai, Ningbo, Shekou, Singapore, Port Klang, Kattupalli, Nhava Sheva, Mundra, Karachi, Jeddah, Damietta, Piraeus, Genoa, Valencia, Barcelona, Piraeus, Damietta, Jeddah, Karachi, Mundra, Nhava Sheva, Kattupali, Singapore, Dachan Bay, Busan. The service will be independently operated by HMM and turns in 84 days with 12 ships of 4,700 to 8,600 teu. The service will replace HMM's current Ch
Akkon Lines have introduced a new Turkiye Europe Service (TES) connecting Gemlik, Gebze, Ambarli, Aliaga, Salerno, Genoa, Casablanca, Tilbury, Antwerp, Casablanca, Castellon, Misurata, Gemlik. The TES service started on 1 June 2023 from Gemlik with the 698 teu ALOPO. The service will deploy 3 ships of 600 to 1,100 teu on a 10-11 day frequency on a full rotation of 33 days. The new service is a combination of Akkon's current West Europe Casa Service (WES) that connects Antwerp, Casablanca, Ant
Container volumes recovered slightly in May, with flash estimates showing a 1.4% month-on-month increase over April although it is still 1.6% lower compared to the same month last year. Year to date growth remains negative at -1.8% over the first 5 months of the year. The Indian sub-continent was one of the key bright spots with May volumes up 9.8% yoy. The 2 main Indian ports of Mundra and Nhava Sheva both recorded healthy volumes with YTD volume growth reaching 8.0% and 6.3% respectively. S
Diamond Line, COSCO's subsidiary, is launching Gdynia Baltic Express (GBX) where two vessels will be deploy to cover Kotka, Helsinki, Gdansk, Gdynia, Bremerhaven, Hamburg, Klaipeda, Kotka on 14 days round trip. 1,425 teu OOCL RAUMA and 1,638 teu BALTIC SHEARWATER has been phased in at Kotka on 12 Jun and 18 June respectively.
CNC, the intra-Asia arm of CMA CGM, has revamped its China South East Express services into a new South China-Philippines CP2 service from 20 Jun 2023. The revised CP2 will call at Nansha, Hong Kong, Shekou, Batangas, General Santos, Davao, Nansha on a 14 day rotation using 2 ships of 1,756 teu - SAN GIORGIO and CNC URANUS. CP2 service rotation
CNC, the intra-Asia arm of CMA CGM, has introduced a new South China-Philippines CP3 service that will start from 30 June 2023 to call at Shekou, Hong Kong, Subic Bay, Cebu, Cagayan de Oro, Kaohsiung, Shekou. The service turns in 14 days using 2 ships, the 1,781 teu SHENG AN and 1,952 teu CNC JUPITER. CP3 service rotation