HMM

Services

HMM to take slots on ONE/Wan Hai AP1/AA3 service

HMM will take slots on the new ONE/Wan Hai AP1/AA3 transpacific service that will start on 8 May 2024. HMM will have a weekly slot allocation of 250 teu from ONE on the service that it will be marketed by both carriers as the AP1. The AP1/AA3 service will turn in 7 weeks with 7 ships of 7,000 to 13,400 teu, of which 5 ships will be operated by Wan Hai and 2 ships from ONE, and will call at Haiphong, Cai Mep, Shekou, Xiamen, Taipei, Ningbo, Shanghai, Los Angeles, Oakland, Shekou, Haiphong. The

Services

HMM shortens Tianjin to Philippines (TTP) service rotation

HMM has shortened the rotation of its Tianjin to Philippines (TTP) service to remove calls at Xingang, Dalian and Busan from March 2024. The revised TTP rotation will call at Qingdao, Shanghai, Ningbo, Kaohsiung, Manila, Qingdao on a 3 week rotation using 3 ships of 4,700 teu. The previous TTP was introduced in October 2023 to call at Busan, Dalian, Xingang, Qingdao, Busan, Shanghai, Ningbo, Kaohsiung, Manila, Busan on a 5 week rotation.

Services

ONE to launch WIN service

ONE will launch a new West India North America (WIN) service calling at Port Qasim, Hazira, Nhava Sheva, Mundra, Damietta, Algeciras, New York, Savannah, Jacksonville, Charleston, Norfolk, Damietta, Jeddah, Port Qasim from May 2024 turning in 9 weeks with ships operated solely by ONE. HMM will purchase 1,700 teu a week on the service on a round trip basis including 170 reefer slots. The routing could be affected by the current diversions from the Red Sea to the Cape which could delay the launc

Services

THE Alliance updates EC1 and EC2 service rotations

THE Alliance will revise the rotations of the Far East-US East Coast EC1 and EC2 services from November 2023 following the withdrawal of the EC4 service. A new call at Xiamen will be added to the EC1 service that will call at Kaohsiung, Xiamen (new), Yantian, Shanghai, Yangshan, Ningbo, Busan, Manzanillo, New York, Norfolk, Charleston, Savannah, Manzanillo, Balboa, Kaohsiung. A new call at Yantian is added on the EC2 service that will call at Qingdao, Yantian (new), Ningbo, Yangshan, Busan, C

Service cancellations

THE Alliance to withdraw FE5 service

THE Alliance carriers (Hapag-Lloyd, HMM, ONE and Yang Ming) will withdraw the Asia-North Europe FE5 service from November 2023. The FE5 is the second smallest of the 5 Asia-North Europe loops operated by THE Alliance and currently deploys 10 ships of 13,800-14,100 teu calling at Laem Chabang, Cai Mep, Singapore, Colombo, Rotterdam, Hamburg, Antwerp, London Gateway, Jeddah, Singapore, Laem Chabang, with 1 sailing blanked on an 11 week round trip rotation. The last westbound sailing is scheduled

Service cancellations

THE Alliance to withdraw EC4 service to US East Coast

THE Alliance carriers (Hapag-Lloyd, HMM, ONE and Yang Ming) will withdraw the EC4 service from November 2023. The EC4 is 1 of the 5 FE-US East Coast services that THE Alliance currently operates. The last sailing will be made by the 14,078 teu YM WIND from Hong Kong on 6 November 2023. The service calls at Kaohsiung, Xiamen, Hong Kong, Yantian, Cai Mep, Singapore, Suez Canal, Norfolk, Savannah, Charleston, New York, Suez Canal, Singapore, Kaohsiung. The service currently deploys 11 ships of 13,

Services

HMM extends Intra-Asia Cross Network (ICN) to Indonesia & reinstate Philippines TTP service

HMM will revamp its Intra-Asia Cross Network (ICN) service with the extension of the service to Indonesia, while splitting the exising Philippines connection to a separate Tianjin to Philippines (TTP) service. The ICN was first launched in May 2022 and replaced its former Korea Vietnam Thailand Express (KVX/KTX) that was jointly operated with KMTC and its standalone Tianjin to Philippines (TTP) service. The initial ICN operates on a two-wing butterfly pattern calling at Busan, Shanghai, Ho Chi

Companies

HMM earnings fall broadly in line with sector average

HMM’s liner EBIT fell 43%, which is broadly in line with the peers, as fall in freight rates off set increase in volume on the top line. HMM’s volume were up 12% QoQ, similar to CMA CGM and ONE, but is way ahead of Maersk and OOCL (+7% QoQ) and Hapag Lloyd (+4% QoQ).

Services

HMM to launch new FE-India-Med service

HMM will launch a new Far East-India-Med (FIM) service from 1 August 2023 that connects Busan, Kwangyang, Shanghai, Ningbo, Shekou, Singapore, Port Klang, Kattupalli, Nhava Sheva, Mundra, Karachi, Jeddah, Damietta, Piraeus, Genoa, Valencia, Barcelona, Piraeus, Damietta, Jeddah, Karachi, Mundra, Nhava Sheva, Kattupali, Singapore, Dachan Bay, Busan. The service will be independently operated by HMM and turns in 84 days with 12 ships of 4,700 to 8,600 teu. The service will replace HMM's current Ch

Services

HMM adds direct Jakarta to South America link

HMM has added a new call at Jakarta on the Far East-India-Latin America (FIL) service to provide a direct link between Indonesia and Latin America. The enhanced FIL service will call at Busan, Shanghai, Ningbo, Shekou, Jakarta, Singapore, Kattupalli, Santos, Paranagua, Itapoa, Itajai, Buenos Aires, Montevideo, Santos, Singapore, Hong Kong, Busan. The first call at Jakarta was made on 8 June 2023 with the 6.765 teu HYUNDAI SHANGHAI. 12 ships of 4,700-6,800 teu are deployed on the service that i

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