OOCL, SeaLead and TS Lines will launch a new India-UAE-East Africa service from 22 November 2022 aimed at the Kenya and Tanzania markets. The service will call weekly at Nhava Sheva, Mundra, Jebel Ali, Abu Dhabi, Mombasa, Dar es Salaam, Nhava Sheva, using 4 ships - the 2.174 teu FUTURE from OOCL; the 1,756 teu TS LAEM CHABANG from TS Lines; as well as the 1,200 teu SC MEMPHIS and 1,116 teu CONTSHIP LEX operated by SeaLead. OOCL brands the service as the Asia-East Africa Service 5 (EAX5) while
TS Group, the parent company of TS Lines, has filed for an Initial Public Offering (IPO) in Hong Kong on 28 October 2022, following similar plans by CUL and LC Logistics (parent of BAL). According to information provided in its IPO filing, the intra-Far East trade accounted for 42% of TS Line's total revenues in the first half of 2022, and the share has shrunk from 95% in 2019 and 92% in 2022 to the current 42%, due to the growth of Asia-Oceania and Transpacific which currently account for 26
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
MSC is pulling further ahead from Maersk. CMA CGM and Evergreen also gaining market share.
TS Lines will be the latest new entrant to the Asia-Europe trade when it joins CUL as a vessel operator on the latter's Asia Europe Express (AEX) service on 17 March 2022. TS Lines will deploy the 4,380 teu TS SINGAPORE on the AEX, joining 5 other ships from CUL of 4,000-4,400 teu. The service calls at Ningbo, Shanghai, Xiamen, Shekou, Tilbury, Rotterdam, Hamburg, Antwerp, Ningbo with ad-hoc calls added on inducement at Qingdao, Yantian and Ho Chi Minh City.
PIL, TS Lines, Yang Ming and Sea Lead Shipping will jointly launch a new service connecting China and Australia that will connect Qingdao, Shanghai, Nansha, Shekou, Sydney, Melbourne, Brisbane, Qingdao. The service is branded as the Sino Australia Express (SAE) by PIL and China-Australia 2 (CA2) by Yang Ming. The service will turn in 6 weeks using 6 ships of 2,693 teu to 4,992 teu with an average capacity of 3,900 teu, with the first sailing scheduled from Qingdao on 10 March 2022 with the 4,25