MSC will upgrade its USA to South Africa service to a standalone service from October 2025, replacing its long standing America Express (AMEX) service jointly operated with Maersk. The enhanced USA to South Africa service will retain the same AMEX port rotation that calls at New York, Baltimore, Norfolk, Charleston, Freeport (Bahamas), Port Elizabeth, Durban, Cape Town, New York, with an additional call at Philadelphia to be added during the citrus season that normally runs from April to Octobe
Hapag-Lloyd and Maersk will launch a new Transpacific WC6/TP9 service connecting Xiamen, Busan, Long Beach, Xiamen. The Gemini Cooperation service will turn in 6 weeks and deploys 6 ships of 4,000-5,000 teu starting with the 4,622 teu RHONE MAERSK at Xiamen on 23 June 2025.
Maersk and Hapag-Lloyd have launched a new Gemini Cooperation feeder service branded as Middle East Shuttle 6 (M06) / Pakistan Service 2 (PK2) to connect Salalah, Port Qasim, Salalah from 13 May 2025. The service turns in 7 days using 2 ships of 2,500-3,500 teu to provide 2 sailings a week.
Maersk and Hapag-Lloyd will launch 2 new feeder services to provide connections between the Colombian hub of Cartagena with US Gulf coast ports from March 2025. These services are operated by Maersk as part of the Gemini Cooperation network to the US Gulf:- * The America Shuttle 1 (AM1) / Florida Shuttle (FLS) service will connect Cartagena, Miami, Jacksonville, Cartagena from 17 March 2025. The service will turn in 14 days using the 2,544 teu ERATO and 2,532 teu MAERSK NESTON * The IAM Ameri
CMA CGM and Maersk will launch a new jointly operated Asia-East Coast South America service branded respectively as the the SEAS 3 and ASAS2 calling at Shanghai, Shekou, Cai Mep, Singapore, Santos, Singapore, Shanghai from 8 April 2025. The SEAS 3/ASAS2 service will turn in 11 weeks and will deploy 11 ships of 5,000 teu to 8,000 teu, with CMA CGM operating 7 ships and Maersk operating 4 ships. The service will connect at Santos for relay to other East Coast Latin American ports and will also pr
Maersk will launch a new Safina service connecting Singapore, Tanjung Pelepas, Salalah, Duqm, Jebel Ali, Colombo, Singapore from 23 February 2025, replacing its existing Safina that it operates jointly with X-Press Feeders as the China Jebel Ali X-Press (CJX). The existing Safina/CJX calls at Shanghai, Ningbo and Shekou will be removed while new calls at Salalah and Duqm are added. The revised service will turn in 5 weeks using ships of 2,000-3,000 teu.
Maersk and Hapag-Lloyd will roll out 4 new intra-Asia feeder services from February 2025 in conjunction with the launch of the new Gemini Cooperation network, with the following rotation details: * Taiwan Express (TWX) calling at Taichung, Kaohsiung, Tanjung Pelepas, Singapore, Taichung. The service will turn in 14 days using 2 ships of 2,400-2,700 teu starting with the 2,702 teu GABRIELA A at Taichung on 6 February 2025 followed by the 2,433 teu CUL QINGDAO. * China Philippines Feeder (CPF)
Maersk will launch a new SLN (Mediterranean Sea C) service calling at Barcelona, Valencia, Algeciras, Casablanca, Tangier Med, Mersin, Haifa, Alexandria, Fos, Barcelona from 12 January 2025. The service will replace its existing SLZ (Mediterranean Sea A) and SLH (Mediterranean Sea B) services that Maersk operates jointly with Arkas. The SLZ calls at Barcelona, Genoa, Alexandria, Beirut, Mersin, Aliaga, Algeciras, Tangier Med, Valencia, Barelona while the SLH calls at Barcelona, Valencia, Casabl
Market Pulse Week 48: Zim reported net profits of $1.13 Bn and EBIT of $1.24 Bn for the 3rd quarter of 2024, concluding the reporting season for the publicly listed carriers. Zim’s EBIT margin of 44.7% puts it in 4th place behind EMC, HMM and Yang Ming but Zim delivered the highest annualized RoE of 115% in Q3 2024 - twice that of the second-best performer EMC and more than 4 times more than the industry average ROE of 25%. Market Pulse Week 47: Asian carriers have outperformed their European p
ONE is scheduled to report its calendar Q3 results on October 31, 2024, marking the start of the reporting period for major liners. ONE has projected its Q3 2024 net profit to increase by 88% quarter-on-quarter, while COSCO recently indicated that its Q3 2024 EBIT is expected to rise by 154% quarter-on-quarter. Other liners have not provided guidance for Q3, but those that have offered FY2024 projections suggest their second-half earnings could vary from a decline quarter-on-quarter to an incre