MSC will combine its existing Asia-Europe Swan service with its Asia-USWC Sentosa service into a new North Europe-Asia-USWC pendulum service called Swan Sentosa. The Swan Sentosa is scheduled to start from 1 July 2024 and will call at Qingdao, Ningbo, Shanghai, Yantian, Tanjung Pelepas, Felixstowe, Antwerp, Hamburg, Gdansk, Gdynia, Klaipeda, Bremerhaven, Antwerp, Singapore, Laem Chabang, Cai Mep, Busan, Long Beach, Oakland, Busan, Qingdao. The new service will turn in 23 weeks and will deploy
MSC will launch a new Mustang service connecting Yantian, Ningbo, Shanghai, Long Beach, Yantian from 14 July 2024. The service will turn in 6 weeks and will deploy 6 ships of 13,000-19,000 teu that was to start with the 16,616 teu MSC LELLA at Yantian on 8 July but the sailing was postponed and replaced by the 13,798 teu MSC BETTINA at Yantian on 14 July. The launch was delayed a second time to 17 July, with the 19,462 teu MSC ELOANE deployed. The Mustang service was first launched by MSC in
COSCO and OOCL will launch a new peak season transpacific service to the Pacific Southwest calling at Kaohsiung, Xiamen, Yantian, Long Beach, Kaohsiung branded as the SEA3 and PSX respectively. The SEA3/PSX will start from 23 June 2024 at Yantian with the 8,533 teu XIN FEI ZHOU. The service will turn in 6 weeks and will deploy 6 ships of 8,000 to 10,000 teu operated exclusively by COSCO and OOCL.
Wan Hai has relaunched the Asia America 1 (AA1) transpacific service from 25 May 2024. The service will have irregular port calls that will provide connections from various Chinese and Taiwan ports including Nansha, Shekou, Xiamen, Ningbo, Shanghai, Qingdao and Taipei to Long Beach or Los Angeles. The service started with the 3,013 teu WAN HAI 357 with the initial voyage covering Shekou, Xiamen, Los Angeles, Shekou. The Asia loading ports will vary with 2 or 3 load ports per sailing. After the
SeaLead will launch a new America West Coast (AWC) service connecting Nansha, Ningbo, Shanghai, Long Beach, Nansha from June 2024. The service will operate with 3 ships initially - the 1,809 teu ADAMASTOS scheduled at Nansha on 17 June, the 5,610 teu SUEZ CANAL due at Nansha on 26 June and 1,809 teu ASTRAIOS at Nansha on 1 July. SeaLead started its transpacific operations in August 2021 on the Asia-US West Coast and with a Asia-US East Coast service added in March 2022. These services were op
US West Coast ports are set to gradually recover part of the share that they have lost to their East Coast counterparts, with the latest data for May showing their strongest performance since 2021. The West Coast share rose to 54% after dropping to 47% last year, and the resolution off the ILWU contracts in both the US and Canada will pave the way for further normalization.
Transpacific rates have fallen to fresh lows with rates dropping to $1,100 to $1,150/feu to the West Coast which is below the SCFI assessment of $1,207/feu. Rates to the US East Coast rates took a larger tumble with rates set to drop below $2,000/feu compared to the current SCFI rate of $2,103. The resolution of the ILWU negotiations will put further pressure on transpacific freight rates as the threat of a peak season disruption to cargo flows into the US has been removed and with no pick up c
US west coast ports remain open despite the work actions taken by the ILWU last week, with the build up of vessels waiting at west coast anchorages largely under control. Although the Pacific Maritime Association (PMA) said that cargo operations at the port of Seattle were shut down on 9 and 10 June, this was disputed by the ILWU. Port productivity at Seattle and Tacoma have slowed with over the past week with port stays extended by several days and vessel berthing delays continuing although t
Overall congestion in North American ports has improved with around 900,000 teu of vessel capacity currently waiting at the main US and Canadian gateways, compared to a peak of over 1.5m teu in February. The West Coast has seen the largest improvements while the East Coast ...