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Services

ZIM introduces Patagonia Express

ZIM will launch the Patagonia Express Service (PES) that connects the US Gulf with Argentina and Brazil. The new service will call at Houston, Ushuaia, Rio De Janeiro, Houston with the 1,118 teu PACIFIC TRADER that will phase in at Houston on 14 April 2023. The service will turn in 49-51 days on an irregular frequency.

Companies

OOIL's OPEX dropped in 22H2

OOIL reported FY2022 results after market close. The drop in earnings during 2022 H2 was within the range of the earnings drops reported by the other liners. A large dividend was consistent with OOIL's historical pay-out track record. Where this set of results stand out for us happened in the unit operating expense that fell 11% YoY and 10% HoH while the industry still experienced rise in operating expenses during 2022 H2. OOIL has previously made provisions for future operating expenses, noti

MarketPulse

Market Pulse – 2023 Week12

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202312] The SCFI recorded its first weekly gain since December 2022, but the rebound lacks any real strength with the rate gains limited to the China to Europe and Med routes where capacity utilisation has been very high since the beginning of this year. Utilisation on most of the other key routes remain weaker than 2022 levels, with the weakness especially apparent on the FE-US West Coast trade. The latest February port vol

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

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