Transpacific

Services

Swire/UWL commits to run Vietnam-USWC service until 2024

Swire Shipping and UWL have committed to operate the Sun Chief Express service between Vietnam and Seattle until 2024. The Sun Chief Express was launched on 26 April 2022 by Swire and its exclusive NVOCC partner UWL to provide connections between Ho Chi Minh City, Haiphong, Seattle, Ho Chi Minh City using 3 Chittagongmax containerships of 2,381-2,750 teu on a fortnightly (14 days) frequency. The service offers the fastest transit times from Vietnam to the US West Coast of 19 days from Ho Chi

Services

SeaLead/TS Lines turns to US East Coast as US West Coast services are suspended

SeaLead and TS Lines have revised their jointly operated Asia-US East Coast (AEC) service with a new rotation calling at Nansha, Ningbo, Shanghai, Qingdao, Busan, Manzanillo (Mexico), Jacksonville, Charleston, Norfolk, New York, Nansha. The service was first introduced in March 2022 and initially called at Nansha, Ningbo, Qingdao, Busan, Norfolk, Newark, Charleston, Jacksonville.  The revised rotation with the call at Jacksonville as the first US port was made on 22 September 2022 with the 5,4

Services

2M merges TP1/Maple and TP9/Eagle Transpacific West Coast service, Maersk withdraws TP7

2M partners, Maersk and MSC, will suspend their existing TP9/Eagle service and merge it with the TP1/Maple to form a New TP1/Maple service that will call at Xiamen, Yantian, Ningbo, Shanghai, Busan, Yokohama, Vancouver, Prince Rupert, Yokohama, Busan, Xiamen from 22 October 2022 with the 8,466 teu MAERSK SEVILLE. The service rationalisation will see the removal of direct calls at Nansha, Kaohsiung and Seattle on the 2 existing services but will enhance the service reliability that has been affe

Services

Wan Hai upgrades transpacific capacity despite the suspension of 2 transpacific services calling Oakland/Seattle

Wan Hai will withdraw 2 of its Far East-US West Coast services calling at Oakland and Seattle, but will retain its remaining 4 transpacific services that serves the US West Coast (2 services) and the US East Coast (2 services) with an increase in overall capacity as its first 13,200 teu ships are introduced on the trade. The Asia America Service I (AA1) willl be withdrawn with the last sailing scheduled to depart from Shekou on 16 October 2022 with the 1,708 teu TOKYO TOWER. The service calls a

Services

MSC to launch Zephyr FE-USEC service, and upgrades 2 TP services

MSC is launching another independent FE-ECNA service, New Asia-US Gulf Coast and South Atlantic service (Zephyr), connecting Shanghai, Ningbo, Busan, Cristobal, Houston, Port Everglades, Savannah, Lazaro Cardenas, Shanghai.

Markets

TP GRI pushed back

overall capacity on transpacific routes have increased materially in the past week and has outpaced demand as some carriers are offering rates below $7,000/feu to the West Coast

Services

CUL to launch 3rd Transpacific string

China United Lines (CUL) has launched the Transpacific Express III (TPN) service, its 3rd tranpacific service. The service started on 5 May with the 1,868 teu XIN MING ZHOU 106 calling at Haiphong, Ho Chi Minh City, Nansha, Ningbo, Qingdao, Los Angeles, Oakland. A sistership, XIN MING ZHOU 108 will also join the service on 20 May at Ningbo. The port rotation of this new service is irregular but is expected to call at Qingdao, Shanghai, Ningbo, Xiamen, Yantian, Los Angeles, Oakland, Qingdao.

Services

Transit time to PSW falls

There was further improvements in service levels to the PSW ports, with transit times recovering to...

Companies

ZIM 2021Q4 Preview

ZIM’s strong QoQ earning growth may pause in the 21Q4 results to be announced in March. The financial market analysts expect ZIM to deliver another 10-15% QoQ growth against our estimate of potentially 15% QoQ drop in 21Q4 net profit. First, volume carried by ZIM could be lower than expected.

Services

Maersk eyes further FE-USEC expansion with TP28 launch and TP20 upgrade

Maersk will launch a new TP28 transpacific service connecting Cai Mep, Yantian, Ningbo, Shanghai, Houston, Norfolk, Cai Mep using 11 ships of 4,500 teu. The new service is scheduled to start on 23 March 2022 with the 4,530 teu MAERSK WALLIS. The service will take an eastbound round-the-world route, using the Panama Canal from Asia and returning via the Suez Canal. Maersk will also concurrently revise its current TP20 service with the Cai Mep call replaced by a new call at Jakarta, while the ves

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