Taiwanese carriers' monthly revenue up 6% MoM in June and, on quarterly basis, 22Q2 was flat comparing to 22Q1, a trend consistent with the top line reported by OOIL earlier.
Wanhai is launching Asia - South America III Service (AS3), another FE-WCCA service, connecting Shekou, Hong Kong, Ensenada, Manzanillo (Mexico), Shekou in 42 days
MSC is pulling further ahead from Maersk. CMA CGM and Evergreen also gaining market share.
PIL and partners enhance Gulf China Service, with ESL to join in JulyPIL has announced an enhancement to the Gulf China Service (GCS) with the addition of new calls at Shanghai and Singapore.
Taiwanese liners' May top line came out flat MoM, again reassuring that impacts during the Shanghai lockdown were minimal for the liners.
The 3 main Taiwanese carriers have reported an 8% QoQ growth in revenue for the 1st quarter of 2022. It is their 7th consecutive quarterly growth, built on higher freight rates and stronger USD.
Wan Hai has launched a new South China-Vietnam- Eastern India service (CI7) that will connect Haiphong, Zhanjiang, Nansha, Ho Chi Minh City, Port Klang, Chennai, Visakhapatnam, Port Klang, Haiphong using 4 ships of 1,400-1,700 teu. The service will start at Haiphong on 26 March 2022 with the 1,440 teu CAPE FARO.
Wan Hai and Interasia Lines (IAL) have launched a new South China-Vietnam-Malaysia (CVM) service. The new service kicked off on 23 December 2021 at Haiphong with the 1,134 teu ASIATIC BAY. The service will call Haiphong, Zhanjiang, Nansha, Port Klang, Haiphong on a 14 day rotation. It will only deploy a single ship initially and call on a fortnightly frequency, with a second ship expected to be added at a later date. Port rotation of the new CVM service operated by Wan Hai and IAL