Maersk has relaunched its China-US East Coast TP20 service on 21 April 2024 calling at Qingdao, Shanghai, Yantian, New York, Houston, Qingdao with an additional US port call at Baltimore to be inserted once the port re-opens. The TP20 will turn in 12 weeks using up to 12 ships of 3,400-5,400 teu starting on 21 April with the 4,256 teu LISA. The new service replaces Maerk's US East Coast extra loader service that provided regular FE-USEC connections on flexible rotations since June 2023.
Maersk has revised the rotation of the Intra-Asia 5 (IA-5) service from 17 March 2024 to call at Shanghai, Busan, Moji, Shanghai, Ningbo, Shekou, Tanjung Pelepas, Thilawa, Yangon, Tanjung Pelepas, Muara, Tawau, General Santos, Davao, Cagayan de Oro, Shanghai. The revised IA-5 service will turn in 7 weeks and will deploy 7 ships of 1,700 teu. The rotation is shortened by 1 week compared to the previous service that called at Shanghai, Dalian, Incheon, Busan, Tokyo, Yokohama, Nagoya, Osaka, Busan
Maersk will relaunch its FE-USEC Transpacific TP20 service from April 2024. The new TP20 service will call at Qingdao, Shanghai, Yantian, Panama Canal, Newark, Baltimore, Houston, Panama Canal, Qingdao on a revised rotation that will be different from the last version of the service which called at Jakarta, Cai Mep, Shanghai, Ningbo, Busan, Panama Canal, Mobile, New York, Suez Canal, Jakarta. The TP20 was first launched by Maersk in July 2021 and operated until February 2023 when it was withraw
Maersk has launched a new HP2 intra-Asia service calling at Busan, Hakata, Shanghai, Ningbo, Kaohsiung, Hong Kong, Haiphong, Danang, Yantian, Hong Kong, Nansha, Kaohsiung, Busan from 29 February 2024. The HP3 service will turn in 3 weeks and deploys 3 ships of 1,757-1,781 teu - the NORDTIGER, CELANDINE and HELGOLAND. Maersk HP2 service rotationThe HP2 service replaces the current PA1 services where the 3 ships were previously deployed. The PA1 called at Busan, Hakata, Moji, Hibiki, Busan, Sha
Maersk reported negative group level EBIT at $520m for 4Q 2023, its worst quarterly EBIT loss on record. Operating cash flow was $166m but if its results were still using the pre-IFRS 16 account standards (prior to 2019) when chartering expenses were accounted as a cash outflow, Maersk would have reported negative operating cash flow for the first time. 4Q 2023 Liner EBIT dropped to $920m, a $893m reversal compared to the previous quarter due mainly to the fall in container freight rates which
Maersk will launch a new ME8 service calling at Doha, Dammam, Jubail, Jebel Ali, Abu Dhabi, Duqm, Tanger, Port Said, Barcelona, Tanger, Algeciras, Salalah, Jebel Ali, Doha using the longer route via the Cape of Good Hope. The first sailing will be made on 14 February 2024 with the 9,034 teu SAN CLEMENTE on the westbound voyage at Doha while the 4,253 teu CONSTATINOS P II will make the first eastbound voyage at Port Said on 17 February. The service will turn in 13 weeks on an extended rotation
Maersk has revised the rotation of the Transpacific Express (TPX) from January 2024 with the New TPX (NTPX) service calling at Qingdao, Shanghai, Busan, Seattle, Yokohama, Qingdao. The NTPX will turn in 6 weeks and will deploy 6 ships of 1,700-5,000 teu with the first sailing by the 1,774 teu OSLO TRADER departing from Qingdao on 11 January 2024. It replaces the former TPX service that called at Haiphong, Yantian, Ningbo, Shanghai, Seattle, Long Beach, Yokohama, Xiamen, Haiphong.
Maersk and Hapag-Lloyd announced on 17 January 2024 the formation of a new long-term global alliance named Gemini Cooperation that will start from February 2025. The move comes one year after the announcement of the break up of the 2M partnership between Maersk and MSC on 25 January 2023 with a 2 year notice period that will take effect from January 2025. Hapag-Lloyd has also given a one year notice to its partners in THE Alliance for an early termination of its participation in the partnership
Maersk and Hapag-Lloyd announced on 17 January 2024 the formation of a new long-term global alliance named Gemini Cooperation that will start from February 2025. The move comes one year after the announcement of the break up of the 2M partnership between Maersk and MSC on 25 January 2023 with a 2 year notice period that will take effect from January 2025. Hapag-Lloyd has also given a one year notice to its partners in THE Alliance for an early termination of its participation in the partners
Maersk has launched a new Panama Colombia feeder calling at Manzanillo, Colon, Barranquilla, Cartagena, Santa Marta, Manzanillo from 15 January 2024 with the geared 1,118 teu CONTSHIP KEY. The new feeder service will replace the existing Cartagena call on the Oceania-USEC OC1 service that is split into 2 separate Pacific and Atlantic loops from January 2024.