Maersk has added additional sailings between China/Korea and the US East Coast on its extra loader program for overflow cargo, retaining the routing via the Panama Canal despite ongoing draft restrictions and congestion. Maersk has deployed 8 extra sailings to the US East Coast since the beginning of July 2023 using ships of 3,000-7,000 teu, of which 6 sailings took the Panama route without encountering any significant delays, while 2 sailings were routed via the Suez Canal. * GSL ELEFTHERIA
Rates from China to the Middle East have fallen by 35% over the past 4 weeks with several ad hoc loaders adding new capacity to meet market demand. The extra loaders included the following sailings mounted by Vasi Shipping Unicargo and OVP Shipping. * Vasi Shipping - NORTHERN VIVACITY (2,702 teu) 3 Nov 2022 : Qingdao, Xingang, Ningbo, Port Klang, Jebel Ali * Vasi Shipping - VASI STAR (1,730 teu) 16 Nov 2022 : Singapore, Port Klang, Jebel Ali * Vasi Shipping - NORTHERN VOLITION (2,702