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Services

ONE takes slots on X-Press in Altiplano Service

ONE has introduced a new Callao-Arica link named as the Altiplano Service (ATS) starting from 6 February 2023. The service will ride on slots on X-Press Feeders' Chile Peru X-Press (CPX) that calls at Callao, Arica, Iquique, Callao that is operated on a weekly frequency with the 1,638 teu BALTIC PETREL.

Services

ASL and ESL team up in revised North China Philippines Express (NPX2/NPX)

Asean Seas Line (ASL) and Emirates Shipping Line (ESL) will team up on the new North China Philippines Express (NPX2/NPX) service calling at Qingdao, Shanghai, Ningbo, Manila (S), Qingdao. The service will commence on 6 February 2023 at Qingdao and will turn in 2 weeks using the 848 teu PACIFIC GRACE and 1,118 teu VIMC DIAMOND. Both ships are operated by ASL with ESL taking slots under a slot exchange arrangement involving ESL's South China Philippines (SCP) service. Port rotation of the new N

MarketPulse

Market Pulse – 2023 Week05

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202305] The 2M breakup will trigger another round of market instability as Maersk and MSC jostle for pole position on the East-West routes where they currently cooperate. While MSC will have sufficient new ship capacity by 2025 to fully replace Maersk’s current vessel contribution to the 2M network, an independent Maersk network will fall behind MSC, OCEAN Alliance and THE Alliance offerings. Freight rates are still droppin

Companies

Maersk to switch to a unified brand

Maersk announced on 27 January 2023 that it plans to move towards an unified Maersk brand by integrating the separate Maersk brands including Hamburg Süd and Sealand. It did not provide any intended timeline for the transition to the unified Maersk brand and said that each brand will follow its own tailored timeline as they operate in different geographies. The brands to be integrated under an unified Maersk nameMaersk had already abandoned the Safmarine and Damco brands in 2020. Maersk brands

Companies

2M breakup will trigger more market disruptions

The 2M breakup will trigger another round of market instability as Maersk and MSC jostle for pole position on the East-West routes where they currently cooperate. While MSC will have sufficient new ship capacity by 2025 to fully replace Maersk’s current vessel contribution to the 2M network, an independent Maersk network will fall behind MSC, OCEAN Alliance and THE Alliance offerings. Maersk and MSC announced on 25 January 2023 the termination of the 2M alliance effective from January 2025. The

Companies

How MSC outplayed Maersk at their own game

The timeline of how Maersk was outmaneuvered by MSC culminating in the announcement on 25 January 2023 that the 2 carriers will terminate their 2M partnership in January 2025. Maersk and MSC capacity operated 2010-2025While Maersk dithered through strategic mis-steps including high profile flops such as Daily Maersk and TradeLens, MSC was resolute in building scale in its shipping business. Maersk had triggered the capacity race in 2011 when it ordered the first Triple-E ships but has been bea

Services

Akkon starts new West Europe Casa service

Akkon Line has started a new West Europe Casa (WES) service connecting Antwerp, Casablanca, Antwerp on 25 January 2023 with the 658 teu DEPE. The service will turn in 12 days using a single ship.

Utilization

Alliances Help Fill Shipping Capacity

Services operated jointly i.e. by alliances usually enjoyed better utilization than the services operated independently by a single liner. Since 2020, utilization for alliance services have been 6% points better than the same for independent services. The utilization for the independently operated services tend to be more volatile. Wider sales network helps fill vessel capacity, we figure. The utilization gap narrowed since December 2020 was just due to diversion of capacity buildup where the

Services

COSCO/OOCL adds India-USEC AWES/ISE service

COSCO and OOCL have launched a new Southeast Asia-US East Coast service via Mundra in India. The service is marketed by COSCO as the Asia-US East Coast Express Service South (AWES) and by OOCL as the India-Southeast Asia East Coast (ISE). The AWES/ISE calls at Singapore, Laem Chabang, Cai Mep, Mundra, Suez Canal, New York, Norfolk, Boston, Suez Canal, Singapore using 10 ships of 3,500-4,250 teu starting from 6 January 2023 at Cai Mep with the 3,534 teu GOTTFRIED SCHULTE.

MarketPulse

Market Pulse – 2023 Week04

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202304] The Lunar New Year provides a timely break from the turbulence in the container markets, with more clarity to emerge after the holidays in the Far East on the direction that prices are heading. Freight rates slipped marginally in the last 2 weeks with capacity utilisation dropping in the week just before the holidays. Although carriers were able to build roll pools on the Asia-Europe route where utilisation levels we

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