All News

Services

X-Press launching IBX

X-Press Feeders is launching Ireland-Baltic X-Press (IBX) service with Motivation D's call at Rotterdam on 9th June.

Services

X-Press launching BBX2

X-Press Feeders is launching a new Baltic service called Benelux Baltic X-Press service (BBX 2), starting with Atlantis A's call at Rotterdam on 28 May.

MarketPulse

Market Pulse – 2022 Week 20

Register Free Trial [https://www.linerlytica.com/register/?utm_source=W202220] The SCFI finally reversed 18 consecutive weekly rate declines, but the rebound remain unconvincing, with a further boost in demand needed to lift market sentiment in the coming weeks. Disappointing results announced by the major US retailers suggest consumer demand could be waning although signals remain  mixed at the moment. The market will be boosted by China’s reopening, with Shanghai due to end lockdowns on 1 Jun

Ships

Containership Capacity Watch

Active fleet steady in past week. More ships entered yards for retrofits, after 2-year delay on the extraordinary earning up cycle.

Ports

Shenzhen port up 18% MoM

Container handling volumes at the port of Shenzhen rebounded sharply in April to reach 2.61m teu, for a 18% gain compared to March and 44% against February’s numbers.

Port Congestion

Congested Capacity Hovers Near Peak

Global port congestion continued to fluctuate around 12% to 13% of the global fleet, with the situation remaining very fluid.

Financials

Freight Rates Watch

Transpacific spot freight rates have held their ground last week, with recent rate declines halted as the market prepares for a rebound from the extended lockdown in Shanghai.

Capacity

Transpacific Capacity Deployment Watch (FE-ECNA)

Capacity to the US East coast increased to 243,000 teu last week to reach its highest levels since January.

THE Alliance

THE Alliance reinstates Savannah call on EC2, drops Norfolk on EC4

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.

NPDL

NPDL launching USEC Fiji Service

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 .

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