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Services

Shandong Port Shipping Group launch new Qingdao-Japan service in cooperation with Dongchen

Shandong Port Shipping Group (SPGS) has launched a new North China-Japan service connecting Qingdao, Yokohama, Tokyo, Qingdao, Osaka, Kobe, Qingdao in cooperation with Dongchen Line. The service combines the existing Qingdao-Kansai (QDKS) service to Osaka and Kobe  operated by Dongchen, with the new PES2 service to Yokohama and Tokyo in a butterfly pattern. The QDKS/PES2 service will deploy the 1,049 teu A KOU operated by Dongchen with the 1,043 teu PACANDA from SPGS, starting from 6 January

RCL

RCL and IAL launch new Vietnam Straits Myanmar (VSM) service

Regional Container Lines (RCL) and Interasia Lines (IAL) have teamed up to launch a new service connecting Ho Chi Minh City, Singapore, Port Klang (W), Port Klang (N), Yangon, Thilawa, Port Klang (W), Port Klang (N), Singapore, Ho Chi Minh City. The service turns in 3 weeks with 3 ships of 1,000-1,100 teu and is branded by RCL as the RCL Yangon-Hochiminh (RYH) and by IAL as the Vietnam-Straits-Myanmar (VSM) service. The service started on 19 December 2022 from Port Klang with the 1,118 teu PAN

Services

CMA CGM updates Cheasapeake Bay Express (CBX)

CMA CGM has updated its FE-ECNA Cheasapeake Bay Express (CBX) service with the addition of calls at Singapore, Laem Chabang and Haiphong. OCEAN Alliance partners also slots on this service, branding it as the CBX (Evergreen), AWE7 (COSCO) and ECC3 (OOCL). The revised rotation calls at Singapore, Laem Chabang, Haiphong, Yantian, Ningbo, Shanghai, Busan, Panama (Canal), Norfolk, Savannah, Charleston, Miami, Suez(Canal), Singapore. The service will provide fortnightly sailings from December 2022

Services

CMA CGM launching Caucasus Georgia Express

CMA CGM launching Caucasus Georgia Express covering Poti, Piraeus, Ambarli, Poti with a 1,118 teu MAREN. MAREN will phase in on 8 January at Piraeus. MAREN is currently being deployed in a East Med feeder service.

Services

MSC started BENIN FEEDER

MSC started a Benin Feeder Service, another shuttle that uses 1,730 teu MSC RIONA running between Cotonou and Lome on weekly basis. The service has already started on 1 Dec at Lome. MSC RIONA was previously deployed in another West Africa feeder.

MSC

MSC started DJIBOUTI EXPRESS

MSC has started DJIBOUTI EXPRESS, a shuttle that goes between Djibouti and King Abdullah Port with 1,438 teu MSC MALIN that has phased in on 7 December 2022 at Djibouti. MSC MALIN were previously running in a MSC Feedering Service that connect India and Pakistan.

Asean Seas Line

ASEAN Seas launched PJX2

ASEAN Seas has launched a new Peninsula Japan Express 2 service (PJX 2) that use a single 698 teu ATLANTIC EAST that calls Rizhao, Qingdao, Osaka, Kobe, Hakata, Rizhao on 14 days round trip. ATLANTIC EAST has phased in at Qingdao on 31 Dec 2022. ATLANTIC EAST was until recently deployed in the ASEAN Seas' NPX2 which connects East China and the main Kansai of Japan.

Ships

Highest Capacity Growth Since 2007

The year ahead for the container shipping market will be largely driven by how carriers manage the capacity glut, with 2.56m teu of new ship capacity scheduled for delivery in 2023 against projected deletions of just 0.25m teu with overall fleet growth expected to at 8.8% compared to 4.1% in 2022. In addition, surplus tonnage is coming back from capacity rationalization and the impact of port de-congestion that would release much of the 10% of the fleet still tied down at port anchorages current

MarketPulse

Market Pulse – 2023 Week01

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202301] After 28 consecutive weeks of declines, the SCFI saw its first positive week since June 2022 after falling by 74% over the period. The rebound has little underlying strength with concerns over weaker demand continuing to keep freight rates under pressure. Capacity utilisation reached a 2 year high on the Asia-North Europe route but rates only rebounded marginally while early rate contracts concluded on the Asia-Europ

Services

MSC adds Turkey-North Africa-Portugal-Spain service

MSC has launched a new service that connects Turkey, North Africa, Portugal and Spain starting from 29 December 2022. The Turkey to North Africa service connects Mersin, Aliaga, Derince, Tekirdag, Algiers, Casablanca, Sines, Valencia, Algiers, Malta, Mersin using 4 ships of 1,100 teu that will turn in 28 days. The CONTSHIP OAK, MSC CHARLOTTE, MSC SIGMA F and MSC AZURIT F have been assigned for the first 4 voyages but MSC will be shuffling vessels on this service from its Med network. Turkey

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