All News


Liner revenue rolled over in Sep

OOIL and the Taiwanese liners' revenue reports came out after the market close on Friday (7 Oct). All four liners reported sequentially lower revenue in 3Q. Liners will start to report their 3Q earnings in the coming weeks. These revenue reports suggest 3Q earnings may have come off from this cycle peak in 2Q. Consensus in the capital market is expecting 3Q liner* earnings to be between 4% up and 18% down QoQ. OOIL's 3Q revenue dropped only 5% QoQ while Wanhai's 3Q revenue dropped 18% QoQ. Sequ


COSCO/CUL adds China Philippines Express (CPX) service

COSCO and China United Lines (CUL) have launched a new joint service branded as the China Philippines Express (CPX). The service calls at Shanghai, Xiamen, Manila, Subic Bay, Shanghai starting from 21 Sep 2022 using the 1,432 teu JIN YUN HE and the 1,713 teu AS SERENA. The new service replaces the  China-Vietnam Express (CV5/CVX) service that was jointly operated by COSCO and CUL calling at Shanghai, Xiamen, Ho Chi Minh City, Shanghai.


X-Press Feeders launch Chile Peru X-Press (CPX)

X-Press Feeders has launched a new Chile Peru X-Press (CPX) service from 11 October 2022 calling at Callao, Arica, Iquique, Callao using the 1,638 teu BALTIC PETREL.


Zim/Gold Star Line launch Korea Express (KRX) service

Gold Star Line will launch a new Korea Express (KRX) service from 18 October 2022 calling at Taichung, Kaohsiung, Shekou, Xiamen, Busan (New Port & North Port), Incheon, Xiamen, Taichung. The GSL service will turn in 2 weeks using the 1,134 teu ZIM AUSTRALIA and the 1,049 teu ASIATIC PRIDE.


CMA CGM suspends Golden Gate Bridge service

CMA CGM has suspended further sailings on the Golden Gate Bridge (GGB) service that called at Kaohsiung, Shekou, Shanghai, Busan, Seattle, Oakland Kaohsiung with the last sailing from Busan on 15 Sep 2022 with the 9,415 teu CMA CGM MEDEA. The GGB service has been running on an irregular basis since April with departures every 2 weeks due to severe congestion at Oakland and Seattle. The last 4 ships currently deployed on this services have all been re-assigned with the 11,388 teu CMA CGM GEMINI


Unifeeder adds Wilhemshaven-Scandinavia feeder links

Unifeeder will add 2 new Scandinavian feeder connections with Wilhelmshaven starting from 11 October 2022. The 1,008 teu IDA RAMBOW will serve the Wilhemshaven, Hamburg, Fredericia, Aarhus, Wilhelmshaven route and the 1,338 teu JAN will serve the Hamburg, Wilhelmshaven, Oslo, Gothenburg, Hamburg route.


Hapag-Lloyd revise CGX port rotation

Hapag-Lloyd has added Shanghai to the China-Germany Express (CGX) rotation and replaced the current Le Havre call with Antwerp. The revised CGX will call at Shanghai, Dachan Bay, Singapore, Wilhelmshaven, Antwerp, Shanghai starting from 8 November with the 4,252 SEASPAN HAMBURG. The total service duration will increase from 8 weeks to 9 weeks, with 9 ships of 2,500-4,800 teu to be deployed. New CGX service rotationThe service was first launched on 9 April 2022 and called at Dachan Bay, Wilhel


MSC adds intra-Asia capacity

MSC is putting more capacity on the intra-Asia routes using newly acquired second hand tonnage with one new service and 2 upgraded services to be introduced in November 2022. MSC will launch a new Dolphin service calling at Shanghai, Ningbo, Xiamen, Tanjung Pelepas, Singapore, Jakarta,  Surabaya, Tanjung Pelepas, Singapore, Laem Chabang, Cai Mep, Shanghai starting from Shanghai on 2 November 2022 with the 2,741 teu MSC CAPE III. Port rotation of MSC's Dolphin service from 2 Nov 2022MSC will a


CMA CGM extend Morocco Shuttle

CMA CGM's Short Sea Lines Division will extend its existing Morocco Shuttle service with the addition of a new call at Port Vendres in southern France starting from 10 Nov 2022. The service will call weekly at Agadir, Port Vendres, Barcelona, Algeciras, Tanger Med, Casablanca, Agadir using 2 Moroccan flag ships (the 1,118 teu CMA CGM AGADIR and CMA CGM TANGER) that will also allow them to serve the cabotage trades within Moroccan ports. The new service is mainly aimed at the fruit and vegeta


MSC adds Fiji link

MSC will upgrade its Noumea Express service to include new calls at the Fijian ports of Lautoka and Suva starting from 10 November 2022. The revised rotation will call at Sydney, Brisbane, Noumea, Lautoka*, Suva* (*fortnightly), Sydney. The existing call at Bell Bay on the Noumea Express is expected to be incorporated within an alternate week basis.

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