Companies

Rise and fall of SeaLead

Singapore-based SeaLead Shipping has filed for liquidation on 3 August 2026, ending its 9 year presence in the container markets. First established in March 2017, SeaLead began offering feeder services in the Middle East and only introduced long-haul services connecting China and the Middle East in 2020. It entered the Transpacific route in 2021 and continued its expansion until 2025 when it operated 59 ships for 207,000 teu at its peak to become the 13th largest liner operator in the world. Se

Services

First South Korean containership to join Chinese ships on the Arctic route

Containership traffic through the Northern Sea Route (NSR) is set to break all previous records with more than 25 sailings expected this year, compared to just 15 voyages in 2025 and 11 voyages in 2024. This year will also see the first transit by a South Korean ship, with Panstar Shipping launching its own Arctic Route Service with the 2,786 teu PANSTAR ACRO (ex-HMM MOMBASA) that was acquired by Panstar from HMM on 1 August 2026. The ship is scheduled to sail from Busan on 22 August 2026 and w

Services

COSCO returns to Red Sea

COSCO Shipping will deploy its first ship through the Bab el Mandeb in more than 2 years with the 4,738 teu XIN HUI ZHOU set to return to the Red Sea on the revived RES4 service from 28 July 2026 connecting Shanghai, Ningbo, Xiamen, Nansha, Sokhna, Shanghai. The service will only call at Sokhna on its maiden call scheduled on 19 August, but will add a Jeddah call on its second voyage scheduled on 7 October. COSCO has been offering regular weekly sailings to the Red Sea since March 2026 through

Services

COSCO and ONE to launch new East Africa Mozambique (EMS) / Mozambique Coast Link (MCL) service

COSCO and ONE will jointly launch a new East Africa Mozambique (EMS) / Mozambique Coast Link (MCL) service connecting Port Louis, Maputo, Beira, Nacala, Port Louis from 18 September 2026. The service will turn in 42 days and will operate on a fortnightly frequency using 3 ships of 1,200 to 1,800 teu starting with the 1,496 teu CONTSHIP DAY operated by COSCO, followed by the 1,876 teu BRIGHT FUJI from ONE and 1,200 teu CAPE FLORES from COSCO.

Services

COSCO/HMM/IAL/PIL to launch India-East Africa service

COSCO, HMM, Interasia Lines (IAL) and Pacific International Lines (PIL) will jointly launch a new India-East Africa service connecting Nhava Sheva, Mundra, Dar Es Salaam, Mombasa, Nhava Sheva. The service will turn in 35 days and will deploy 5 ships of 2,400-3,000 teu from 23 September 2026. The service will be branded respectively by HMM as the Gulf India East Africa (GIA), IAL as India-East Africa Service (IEX) and PIL as the Imara Express (IMX).

MarketPulse

Market Pulse 2026 Week 31

Register Free Trial The container freight rate rally received another boost heading into August as carriers pushed through rate increases across the Transpacific, Latin America, India subcontinent and Middle East routes with the SCFI composite index rebounding by 4.7% as it clawed back part of its recent losses and defying the weakness on the Asia-Europe route where freight rates remain under downward pressure. Cargo demand remains strong out of Asia, and persistent port congestion in China has

Services

Maersk adds West Coast Shuttle

Maersk will launch a new West Coast Shuttle service connecting Guayaquil, Balboa, Manzanillo, Lazaro Cardenas, Balboa, Guayaquil from 20 September 2026. The service will turn in 21 days and deploy 3 ships of 2,500 teu starting with the 2,556 teu AS PALINA at Guayaquil on 20 September 2026.

Services

COSCO partners Yang Ming on new Japan-Taiwan-South China (JTS) service

COSCO will join Yang Ming on a revamped Japan-Taiwan-South China (JTS) service serving Nagoya, Tokyo, Yokohama, Keelung, Kaohsiung, Shekou, Xiamen, Nagoya from 18 July 2026. The service will turn in 21 days using 3 ships of 1,400-1,800 teu with COSCO's 1,702 teu QING YUN HE joining the service at Nagoya at 5 August 2026, operating alongside 2 more ships from Yang Ming using the 1,440 teu CAPE FELTON and 1,803 teu YM INAUGURATION. The service replaces Yang Ming's previous JTS that operate on an

MarketPulse

Market Pulse 2026 Week 30

Register Free Trial While Houthis choke the Bab el-Mandeb to Saudi oil exports, containerships are still using the strait to deliver cargo to Jeddah and other Red Sea ports with several carriers including Maersk and CMA CGM also sticking to their trans-Suez transits. The pause in military exchanges is providing little clarity on the direction of the market, although container freight futures anticipate freight rates to drop from their recent peaks despite the recent rise in fuel prices. Despite

Services

PIL enhances Madagascar-Mascarene-Mozambique coverage with new MZ1, MZ2 and IOX

PIL will split its existing Mozambique Service (MZS) into 3 new services from August 2026 with enhanced coverage of Mozambique, Madagascar and Mascarene Islands that will be served separately as follows: * Mozambique 1 (MZ1) will call at Singapore, Beira, Singapore on a 14 day rotation using the 3,075 teu KOTA KAMIL and KOTA KARIM from 23 August 2026. * Mozambique 2 (MZ2) will call at Singapore, Maputo, Nacala, Singapore on a rolling 30-35 days rotation on an 15-20 day frequency with the 1,80

Services

Zim adds new Falcon service

Zim will launch the ZIM Falcon Service (ZFS) to connect Shanghai, Ningbo, Hong Kong, Yantian, Rio de Janeiro, Santos, Paranagua, Navegantes, Montevideo, Buenos Aires, Shanghai from 13 September 2026. The service will be operated exclusively by Zim using 11 ships of 7,000 to 11,000 teu on a 77 day rotation starting with the 9,034 teu ZIM WILMINGTON at Shanghai on 13 September. It will replace Zim's existing ASE service that it operates in partnership with Maersk that will be terminated following

MarketPulse

Market Pulse 2026 Week 29

Register Free Trial The renewed military conflict in the Persian Gulf kept the Strait of Hormuz shut last week, but Maersk and CMA CGM have continued to send their ships through the Red Sea despite the increased risk of Houthi attacks. Although only 24 containerships remain idle in the Persian Gulf with a total capacity of 69,000 teu, there is a growing number of Iranian ships that are stranded in various Asian anchorages that have been added to the idle fleet. The rising tensions is giving con

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