X-Press Feeders is launching Ireland-Baltic X-Press (IBX) service with Motivation D's call at Rotterdam on 9th June.
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.
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
Active fleet steady in past week. More ships entered yards for retrofits, after 2-year delay on the extraordinary earning up cycle.
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.
Global port congestion continued to fluctuate around 12% to 13% of the global fleet, with the situation remaining very fluid.
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 to the US East coast increased to 243,000 teu last week to reach its highest levels since January.
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 .