Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202452] The Red Sea shipping crisis has entered its second year with container vessel traffic on the Bab al-Mandab Strait down 70% by vessel count and 91% by TEU capacity since November last year. Although Red Sea traffic has risen since October due to an increase in new Red Sea connections by carriers such as X-Press Feeders, Emirates Shipping and Safeen built around the Middle East Gulf and Indian subcontinent hubs, the ma
CMA CGM has launched a new Bora Med Service (BMS) linking Antalya, Izmir, Aliaga, Ambarli, Gebze, Gemlik, Malta, Ancona, Ravenna, Venice, Trieste, Koper, Rijeka, Bar, Taranto, Malta, Limassol, Alexandria, Beirut, Antalya from 26 December 2024. The BMS service turns in 42 days and will deploy 6 ships of 1,800 to 2,500 teu starting with the 2,207 teu CMA CGM SAHARA at Antalya on 26 December 2024.
ONE will introduce 2 new feeder services covering the Adriatic and South Mediterranean region from January 2025. The Adriatic Service 1 (AD1) will start from 18 January 2025 calling at Damietta, Koper, Venice, Piraeus, Thessaloniki, El Dekhelia, Damietta using 3 ships of 1,000 teu - the 1,042 teu CHATTANOOGA, 1,118 teu MITO and 1,118 teu BALLATA. The AD1 service will replace ONE's existing Adriatic Israel Butterfly (AIB) service calling at Damietta, Koper, Trieste, Venice, Ancona, Piraeus, Ale
Ningbo Ocean Shipping (NBOSCO) has launched a new China Japan Vietnam 1 (CJV1) service connecting Osaka, Kobe, Nagoya, Tokyo, Yokohama, Taicang, Zhapu, Ningbo, Haiphong, Ningbo, Zhapu, Taicang, Osaka from 1 May 2024. The service turns in 3 weeks using 3 ships of 1,000 teu and replaced the former CJKS1/CJKT5 service that called at Ningbo, Hakata, Moji, Osaka, Kobe, Zhapu, Taicang, Osaka, Kobe, Nagoya, Tokyo, Yokohama, Zhapu, Ningbo.
ONE has joined Emirates Shipping (ESL), Global Feeder Shipping (GFS) and KMTC on the Far East-Middle East GLX/GALEX/AIM service as a vessel operator from 1 November 2024. ONE has added the 6,765 teu HYUNDAI BUSAN to the service from 11 December 2024, replacing one of ESL's ships that form part of the 7 ships of 6,500 teu to 8,500 teu on the service. TS Lines and RCL also participate on the service as slot buyers.
HMM, ONE and Yang Ming will launch a new India subcontinent-North Europe service connecting Karachi, Hazira, Mundra, Nhava Sheva, Colombo, London Gateway, Rotterdam, Hamburg, Antwerp, Karachi from 5 February 2025. The service will be branded as the India North Europe Express (INX) by HMM, Indian Ocean Express (IOX) by ONE and India Ocean Express Service (ISE) by Yang Ming. It will turn in 11 weeks using 11 ships of 6,000 to 7,000 teu. Port rotation of the new INX/IOX/ISE service
ONE and Unifeeder will launch a new Baltic Bridge Express (BBX) service calling at Rotterdam, Klaipeda, Riga, Talinn, Kotka, Rotterdam from 24 January 2025. The BBX service will turn in 14 days with the 1,436 teu ESSENCE from ONE and the 1,025 teu ELBSKY from Unifeeder. Port rotation of the new BBX service
CMA CGM and its intra-Asia arm CNC has introduced a new China Vietnam Express 8 (CV8) service calling at Shanghai, Ningbo, Ho Chi Minh City, Shanghai from 28 December 2024. The CV8 service turns in 14 days and deploys the 2,058 teu CMA CGM ESCURIAL and 1,756 teu KUO LIN.
ONE will join the OCEAN Alliance carriers - CMA CGM, COSCO/OOCL and Evergreen - to operate 3 transatlantic services connecting North Europe to US East Coast and Gulf Coast from February 2024. The 4 partners will jointly operate the following services: * North Atlantic (NATL) service connecting Southampton, Antwerp, Rotterdam, Bremerhaven, Le Havre, New York, Norfolk, Baltimore, Southampton using 6 ships of 10,600 teu (3 from COSCO/OOCL, 2 from CMA CGM and 1 from Evergreen) and brande
EC2502 continued to move in a narrow range while longer-dated contracts declined. All three ships that left the Far East yesterday (17 Dec) reported very high utilization. Among them, MSC ALEXANDRA from MSC's Britannia service achieved 104% utilization, compared to only 94% in its last westbound voyage in July. Liners appear tentative about pushing for further freight rate increases, with Maersk and MSC setting the tone. Maersk has yet to publish its quotation for January, while MSC is quoting