THE Alliance carriers will reinstate the Savannah call on the Far East-USEC EC2 service from 19 May with the first vessel arrival expected at Savannah on 5 July 2022. The carriers have already made 2 ad hoc calls at Savannah on the EC2 in May.
Neptune Pacific Direct Line (NPDL) is launching a USEC Fiji direct service with 1 ship on 60-70 days transit time starting with Capitaine Baret calling Philadelphia on May 19 .
Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202219] Market sentiment has improved slightly with both freight rates and charter rates holding up relatively better in anticipation of easing lockdown restrictions in key Chinese cities. Although the SCFI posted its 18th consecutive weekly drop, rates are expected to rebound when Shanghai re-opens within the next few weeks. The sustainability of the rebound will depend on the strength of cargo demand and forward signals ar
BAL has added a second service connecting China and Vietnam with the launch of the China Vietnam Express (CVX) in April. The service deploys 2 ships of 1,000-1,200 teu and connects Taicang, Ningbo, Haiphong, Ho Chi Minh City, Taicang. The first sailing was made by the 1,042 teu XIN MING ZHOU 18 on 12 April 2022 and followed by the 1,179 teu BAOHANG on 19 April. The new weekly service adds to BAL's South China-Vietnam Express (SVX) service that was launched in December 2021 and connects Nansha,
De Well, the 10th largest NVOCC on the Transpacific trade has filed for an IPO in Hong Kong on 30 April. The listing timetable and proceeds to be raised were not disclosed, with Citi and CICC acting as joint sponsors. The IPO filing comes 8 months after the company sold a 29.5% stake to Cainiao...
Taiwanese liners' April top line came out as a positive surprise. The spot freight rates, as per SCFI, have fallen 7.5% MoM while Shanghai/Ningbo's combined port throughput was down 10% MoM in April. However, the Taiwanese liners' combined revenue ...
his new Mediterranean, Caribbean, Central America, West Coast South America Express (MSW) service will run in rotation, Valencia – Livorno – Genoa – Barcelona – Caucedo – Cartagena – Paita – Posorja – Buenaventura – Puerto Limon (Moin) – Cartagena – Tangier – Malaga – Valencia with 7 ships
Vietnamese container port volumes have recovered strongly from their extended lockdowns at key cities that started in July 2021 and ended only in early October 2021. Port volumes were badly hit during the lockdown period..
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 ...
The extended lockdown in Shanghai has hurt overall Chinese container port volumes, with Shanghai port reporting a 25% month on month reduction in April. But other Chinese ports have stepped up, with Ningbo reporting a 12% YoY increase. The overall impact on global container volumes is small...