Hapag-Lloyd will launch a new Turkey East Coast Express (TEX) connecting Mersin, Izmit, Aliaga, Tangier, New York, Norfolk, Savannah, Tangier, Mersin. The service will start from mid May 2022 and will deploy 6 ships. Rotation of the Hapag-Lloyd's TEX service
Register Free Trial [https://www.linerlytica.com/register/] Need the latest situation of port congestion? You now can have full control of the most-up-to-date congestion trend and information in last 18 months for over 150 ports globally. "Weekly Market Pulse" includes News and Newsletter Market Pulse Library at US$1,500 per year. Global overview"Linerlytica Website" - the Full Suite Product includes "Weekly Market Pulse" plus database access with search, filter and sorting functions coverin
Chinese container ports recovered by a stronger expected rate in March, with a 0.1% year on year gain and a 11.0% rebound from the February lows that were affected by the Chinese New Year holidays.
Global port congestion has eased slightly over the past week, due to reduced queues at China with carriers omitting calls at Shanghai as export cargo volumes have been substantially affected by the extended lockdowns. Waiting times at Shanghai and Ningbo remain at less than 2 days on average...
OOIL's top line come out in line with what we saw in the Taiwanese liners. The big YoY growth should be expected but the sequential growth in revenue should surprise positively.
The 3 main Taiwanese carriers have reported an 8% QoQ growth in revenue for the 1st quarter of 2022. It is their 7th consecutive quarterly growth, built on higher freight rates and stronger USD.
Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202215] MARKET BRIEF - 2022 WEEK 15 The build up of ships waiting at Shanghai and Ningbo remain high but global capacity tied up by port congestion has declined last week as the pace of Chinese exports have slowed down due to the extended lockdowns at several key cities in China. Freight rates continued to trend downwards, with no rebound expected until Chinese exports return to their former pace. US bound rates remain relat
There was further improvements in service levels to the PSW ports, with transit times recovering to...
Cosco's profit margin dropped in P&L but rise in the cashflow during 21Q4. Much of the expenses were booked into payables, leading to extraordinary fall in working capital relative to its peers.
Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202214] MARKET BRIEF - 2022 WEEK 14 Freight rates from Asia have continued to weaken led by further declines to Europe while US rates are comparatively firm as the market appear to have priced in ILWU disruptions with spot rates in some case falling below new contract rates on expectations of further supply chain disruptions later this summer. Extended lockdowns in various China cities have led to significant export cargo s