Register Free Trial Freight rate signals out of Asia remain mixed with the SCFI showing little price movements as the Chinese market was closed for most of last week. The market outlook has turned negative with TEU-mile demand growth slipping further as the number of containerships shifting back to the Suez route continues to grow. Total capacity tied up at anchorages has also started to gradually decline as the National Day holidays in China has helped to clear part of the vessel backlog at C

Newly established Jade Pacific Line has launched a new India to Red Sea service from 1 October 2026. The service connects Mundra, Nhava Sheva, Karachi, Sokhna, Mundra on an irregular schedule and deploys the 1,100 teu MEDKON SIA. Jade Pacific Line was established in Singapore in April 2026 by Chinese related interests linked to OVP Shipping and Ocean Silk Line.

MSC has launched a new Charleston Express service connecting Charleston, Freeport (Bahamas), Charleston from 29 September 2026 with the 2,797 teu MSC PASSION III on a weekly frequency.

Messina Line has launched the West Med Line calling at Castellon, Barcelona, Fos, Genoa, Misurata, Tripoli, Misurata, Algiers, Castellon from 6 September 2026. The service combines the former Algiers Express and Libia service into a single extended loop that turns in 14 days using the 724 teu LIBERTAS-H and 698 teu PACIFIC DALIAN.

COSCO Shipping has launched a new Easy Buy Service (EBS) connecting Shekou, Nansha, Port Klang, Shekou from September 2026. The service will cater for the growing e-commerce traffic from South China to Malaysia and turns in 14 days using 2 ships of 1,500-1,700 teu starting with the 1,708 teu TOKYO TOWER at Shekou on 24 September 2026 followed by 1,560 teu IBN AL ABBAR on 30 September 2026.

Register Free Trial The market barometer has turned negative for the first time since January 2026 as TEU mile growth slipped below supply growth due to the reduction in the number of ships rerouted to the Cape and Golden Week blanked sailings in China that have brought down global vessel demand. The pace of new ship deliveries also picked up slightly with almost 200,000 teu delivered in September with no ships deleted in the same period. Market activity will remain subdued in the next 2 weeks

Meratus has launched a new China Vietnam Indonesia X-Press (CV/CIDX) service connecting Shanghai, Nansha, Ho Chi Minh City, Jakarta, Surabaya, Semarang, Shanghai from October 2026. The service operates on a fortnightly frequency using 2 ships of 693 teu on a 30 day rotation starting with the MERATUS KUMAI at Ho Chi Minh City on 1 October 2026. The service connects at Jakarta to Meratus services to Timor Leste (Dili) and Papua New Guinea (Lae and Motukea).

COSCO, OOCL and X-Press Feeders will launch a new China Southeast Asia Express 2 (CSX2) / South China Laem Chabang 7 (CHL7) / South China Laem Chabang X-Press (SCLX) service connecting Nansha, Laem Chabang, Yangpu, Nansha. The service will turn in 14 days and will deploy 2 ships of 1,700 to 4,400 teu starting with the 1,744 teu ZHONG GU 6 at Nansha on 3 October 2026 and the 4,636 teu ZHONG GU TAI YUAN on 5 October 2026. The service was originally scheduled to start on 29 September but has been d

PIL and X-Press Feeders will launch a new China Singapore Malaysia (CSM)/North China X-Press (NCX) connecting Xingang, Qingdao, Xiamen, Singapore, Port Klang, Penang, Nansha, Xinang. The service will turn in 28 days using 4 ships of 2,400 to 3,500 teu starting with the 3,566 teu KOTA MANIS at Xingang on 27 October 2026.

HMM, PIL and RCL will launch a new North China Indonesia service branded respectively as the NIS, NCI and RCI05 connecting Qingdao, Shanghai, Nansha, Jakarta, Surabaya, Singapore, Qingdao. The service turns in 4 weeks and will deploy 4 ships of 2,700 to 4,700 teu starting with the 2,742 teu WHUTTHI BHUM at Qingdao on 8 November 2026. The service will replace HMM and PIL's current NIS/NCI service that connects Xingang, Qingdao, Xiamen, Singapore, Jakarta, Surabaya, Singapore, Xingang.

BG Shipping, a subsidiary of Beibu Gulf Port Group, has launched a new river-sea direct service connecting Nanning, Qinzhou, Fangcheng, Cai Cui (Can Tho), Qinzhou, Nanning using the 336 teu deckship BBG NAN NING BO RUN. The service provides the first regular connection from Nanning using the newly opened Pinglu Canal to southern Vietnam.

CMA CGM, COSCO and OOCL will launch a new Asia-South America East Coast service branded as SEAS A, ESA3 and TLA 3 respectively connecting Ningbo, Shanghai, Shekou, Singapore, Santos, Navegantes, Montevideo, Buenos Aires, Paranagua, Santos, Coega, Singapore, Ningbo from 17 December 2026. The service will turn in 91 days and will deploy 13 ships that are still to be assigned starting with the CMA CGM XENON at Ningbo on 17 December 2026.