All News


FE-NEUR capacity little changed YoY

There is still more capacity increases expected in the next 3 weeks, with an average of over 330,00 teu expected in June, comparing to 287,000 teu in last week. As highlighted previously, carriers are not removing any capacity on the European trade despite clear signs of demand softness.


Transpacific Capacity Flat YoY

Average capacity in the last 13 weeks has inched up 0.4% higher compared to the same period last year, as the easing congestion in LA/LB have encouraged the new carriers including CUL, BAL, TS Lines, Sea-Lead, Transfar and Swire to add capacity on this route


Blue Water Shipping launch PNG service for Newcrest

Blue Water Shipping has launched a new fortnightly service connecting Port Klang, Lihir and Brisbane using 3 multipurpose ships of 336 teu. The service will serve Newcrest Mining's operations in Lihir in Papua New Guinea (PNG). The first sailing from Port Klang was on 5 June with the BBC OCEAN that has been time chartered from Briese Schiffahrts for the service along with 2 other sister ships BBC AUSTRALIA and BBC PACIFIC.


Maersk launched new E Med-Vado Ligure shuttle

Maersk is launching new shuttle service connecting Port Said East and Northern Italian port, Vado Ligure. MAERSK PALERMO will start the service, calling Port Said East on June 30.


Pan Ocean and HMM launch CVT

The new service, China Vietnam Thailand (CVT), will start with SKY RAINBOW calling Incheon on June 25.


Hapag Lloyd launched Saint John Express

Saint John Express will run weekly in rotation, Hamburg - Antwerp - Saint John - Hamburg with 4 ships.


MSC launch new North Asia-SE Asia Pertiwi service

MSC will launch a new Pertiwi service that connects Busan, Qingdao, Incheon, Dalian, Xingang, Cai Mep, Laem Chabang, Singapore, Tanjung Pelepas, Jakarta, Panjang, Singapore, Tanjung Pelepas, Busan from 8 July 2022. 5 ships of 2,500 teu are expected to be deployed on this service that will turn in 35 days, starting with the 2,526 teu CARDIFF TRADER that will join the service on 8 July at Busan under its new MSC name. MSC Pertiwi service port rotation


Market Pulse – 2022 Week 22

Register Free Trial [] Spot freight rates continued to drop on the Asia-Europe and Transpacific routes despite the reopening in Shanghai with volumes remaining soft. The composite SCFI increase was driven by rebounds on the Latin America and Middle East routes but the increase will only be sustainable if volumes strengthen from their current levels. Expectations remain high for a rebound in volumes for the summer peak season, with new orde


BTL and Meratus launch new China Indonesia Service (CIS)

Bengal Tiger Line (BTL) has teamed up with Meratus Line to launch a new China Indonesia Service (CIS) calling at Jakarta, Surabaya, Ningbo, Nansha with the 1,162 teu MTT SAMALAJU that made its maiden call for BTL at Jakarta on 3 June 2022. The Ningbo call will be replaced by Shanghai once the lockdown in Shanghai is fully lifted. The service will turn in 3 weeks, with 2 more ships from Meratus being deployed, the 1,301 teu MERATUS SORONG and the 1,129 teu MERATUS MEDAN 1. Meratus had first lau


CMA CGM and COSCO/OOCL to launch new FE-WCSA service (ACSA 5/ WSA 5/TLP6)

CMA CGM, COSCO and OOCL will launch a new Far East-West Coast South America service from the end of June 2022 calling at Hong Kong, Shekou, Ningbo, Shanghai, Manzanillo, Puerto Quetzal, San Antonio, Hong Kong. The service will turn in 10 weeks, using 5 ships of 3,300 teu to 5,090 teu on a fortnightly frequency with 3 ships from CMA CGM and 2 ships from COSCO. The first sailing is scheduled on 28 June 2022 with the 3,314 teu COLOMBO from COSCO. The service is branded as the Asia Central South A

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