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.

The Premier Alliance partners (ONE, HMM and Yang Ming) will return to the Suez route on the Southeast Asia-North Europe FE1 service from October 2026, marking the first switch from the Cape route since their services were redirected in January 2024. The revised FE1 will call at Laem Chabang, Cai Mep, Singapore, Rotterdam, Hamburg, Le Havre, Singapore, Laem Chabang starting with the voyage of the 8,110 teu ONE CONTINUITY at Laem Chabang on 17 October 2026. The shortened FE1 rotation will turn in

Register Free Trial SCFI freight rates ended its 2 month winning streak as container freight rates eased for the first time since July ahead of China’s Golden Week holidays. Cargo volumes have already started to drop with last week’s mid-Autumn festival holidays across the Far East and carriers start to offer rate discounts for October shipments. The outlook remains positive, with EC freight futures still projecting freight rates to rebound in November and December while containership charter

Samudera Shipping will launch a new India Red Sea (IRS) service connecting Nhava Sheva, Mundra, Sokhna, Nhava Sheva from 1 October 2026. The IRS will turn in about 14-18 days and will initially deploy the 1,063 teu LAN HAI ZHI YUAN, with a second ship to be introduced at a later date.

Regional Container Lines (RCL) will launch a new RCL Songkhla 3 (RSK3) service connecting Nansha, Shekou, Sihanoukville, Songkhla, Nansha service from 15 October 2026. The RSK3 will turn in 14 days using 2 ships of 1,162 teu starting with the MTT SAISUNEE at Nansha on 15 October, followed a week later by the MTT SENARI.

Register Free Trial Maersk has made the first break from its logistics integrator strategy with a 26 ship vessel order that was confirmed by the company last week. It sets the stage for a new capacity race as the containership orderbook ratio surges to a post 2009 high of 45% with additional orders still to come as vessel demand remain relentless. The current vessel shortage is driving freight rates, charter rates and second hand ship prices to fresh year to date highs, which has ironically mad