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Services

Kalypso launches Cristoforo Colombo Line

Kalypso, part of the Italian Rif Line Group, will launch a new Cristoforo Colombo Line transatlantic service connecting Italy, Spain and US from November 2022. The new service will start from 8 Nov with the 3,091 teu HAMMONIA LIPSIA at Mersin, to be followed on 24 Nov by the 1,795 teu EMORA. The initial Mersin call will be dropped from December and the service will then call Salerno, La Spezia, Sagunto, New York, Salerno using the 2 ships running on a 26 day rotation with sailings every 13-14 d

Services

SITC/Jin Jiang revise VTX5/CTX2 service

SITC and Jin Jiang Shipping (JJS) have revised their jointly operated China-Thailand-Vietnam (VTX5/CTX2) service, with a completely revised rotation from October 2022. The service was launched on 1 June 2022 and had originally called at Shanghai, Nansha, Bangkok, Laem Chabang, Ho Chi Minh City, Shanghai. The last sailing on the previous rotation was made on 11 October 2022. The revised VTX5/CTX2 service will call at Lianyungang, Qingdao, Laem Chabang, Bangkok, Laem Chabang, Ho Chi Minh City,

Services

COSCO/OOCL add China New Zealand Express (CNX)

COSCO and OOCL will launch a newChina New Zealand Express (CNX) service calling at Shanghai, Shekou, Hong Kong, Auckland, Hong Kong, Shanghai, with an optional call at Napier planned. The first sailing will start on 10 November 2022 by the 2,174 teu ADVANCE with an adhoc Ningbo call on 17 November 2022. The CNX will complement the 2 carriers' current China New Zealand Service (CNS), North Asia Express (JKN) and New Zealand/South East Asia Express (NZS) services. Port of rotation of the new Chi

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

Evergreen

EMC: Lower Freight Rates Higher Bunker Price for 3Q

Evergreen Marine Corp (EMC), the listed subsidiary of Evergreen Group, provided an update presentation in Taiwan after market last Friday (14th Oct). The presentation materials provided additional color on the Evergreen's operation and relevant read through to the whole liner industry. First, decline in freight rates was the main reason for the 16% MoM drop in the Evergreen's revenue in September. During Sep, Evergreen's volume was down 5% MoM while the freight rates dropped 12% MoM. in the de

Companies

Allseas defaults on ship charters

3 ships of 1,700-1,800 teu currently chartered by Allseas that are operating on the China-UK route are currently stranded with Allseas confirming that it is in negotations with owners, while 2 more ships are already confirmed to be off-hired. An Allseas spokesperson said on 19 October 2022 that the company and its related parties have not filed for insolvency. Update : An admistrator for Allseas Global Project Logistics was appointed on 27 October 2022 in the UK courts. The affected ships are

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

Port Congestion

Port congestion remains on downward trajectory

Global port congestion increased marginally to 2.79m teu at the end of last week compared to 2.70m teu a week ago, but the overall trend remains on a downward trajectory as congestion is starting to ease across the main hotspots in the US and Europe. There was a small increase in ships waiting at Chinese ports, especially around Qingdao where strong winds shut down terminal operations last week while Ningbo depot operations in the Beilun area were affected by COVID lockdown restrictions. There

Services

Unifeeder adds UAE coastal service

Unifeeder has started a new coastal service that will connect Jebel Ali with other UAE ports Ajman, Mina Saqr and Sharjah using modified multi-carrying vessels (MCVs) from fellow DP World subsidiary P&O Maritime Logistics. The 210 teu TOPAZ ISHIM sailed from Jebel Ali to Ajman on 7 October 2022. The service will operate 2-3 calls per week, with a focus on providing relay connections at Jebel Ali between the UAE to the wider Middle East, Africa, the Indian Subcontinent and Far East.

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

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