Ocean Silk Line (OSL), an affiliate of OVP Shipping, will launch a new intra-Med service in a partnership with Sidra Line. The service will deploy 3 ships of 500-900 teu that will cover 2 inter-looping services connecting Turkey and Libya:- * Turkey North Africa Express (TNX) / Marmara-Med loop calling at Izmit, Ambarli, Alexandria, Misurata, Benghazi, Rades, Izmit * South Turkey North Africa Express (SNX) / Intra-Med loop calling at Iskenderun, Alexandria, Benghazi, Latakia, Iskenderun OVP/
ONE and Admiral Container Lines have launched a new Adriatic Service 1 (AD1) / Adriatic Eastmed 02 (AEX02) connecting Damietta, Koper, Venice, Ashdod, Damietta from 19 April 2025. The service replaces ONE's former AIB/AD1 service calls at Piraeus and Dekheila dropped. ONE had originally announced the addition of a call at Thessaloniki from April 2025 but this has been dropped as well. The new AD1/AEX02 turns in 14 days using the 1,084 teu SVENDBORG and 990 teu ADMIRAL MOON.
Evergreen and Unifeeder have jointly launched a new Caribbean Sea Regional Service-North (CAN) / Greater Antilles Service connecting Colon, Caucedo, Rio Haina, San Juan, Colon from 9 April 2025. The CAN/Greater Antilles service turns in 14 days and deploys the 3,534 teu SEASPAN FUZHOU from Evergreen and 2,015 teu MED STAR from Unifeeder to provide a dedicated feeder connection between Panama, Dominican Republic and Puerto Rico.
Kawa Shipping has expanded its coverage to the Red Sea, Egypt and Turkey with a new Eastern Mediterranean Express (EMX) service from March 2025. The service is operated irregularly with connections covering Qingdao, Ningbo, Sokhna, Iskenderun, Mersin, Jeddah, Qingdao. The first sailing was made by the 1,063 teu LAN HAI ZHI YUAN that operated an ad hoc Dubai, Sokhna, Iskenderun, Mersin, Jeddah, Qingdao voyage from 2 March 2025. A second voyage by the 2,076 teu KAWA HONGKONG was launched from Qin
ONE will launch a new River Plate Express (RPX) service connecting Rio Grande, Zarate, La Plata, Rio Grande from 8 May 2025 using the 1,155 teu SPIRIT OF DUBAI. The service turns in 7 days and will link the Argentinian ports of Zeate and La Plata with Rio Grande to connect to ONE's FE-ECSA services.
CMA CGM will launch 3 new MAYA Feeder loops in a partnership with X-Press Feeders. The Maya Service 1 (MAYA1) will call at Balboa, Buenaventura, Puerto Caldera, Balboa from 30 April 2025. The service will turn in 14 days and will deploy 2 ships from CMA CGM and X-Press Feeders The Maya Service 2 (MAYA2) will call at Buenaventura, Balboa, Corinto, Buenaventura from 25 April 2025. The service will turn in 14 days and will deploy 2 ships of 2,400 teu from CMA CGM and X-Press Feeders. The Maya Se
SITC has launched a new China Malaysia Indonesia 2 (CMI2) service connecting Nansha, Shekou, Ho Chi Minh City, Jakarta, Semarang, Balikpapan, Cebu, Nansha from 3 April 2025. The new service retakes the name of the former CMI2 that has been dormant since June 2024 and retains Malaysia in the service name even though Malaysian ports have been dropped from the rotation of all the former versions of the service since 2021. The revamped CMI2 turns in 21 days and deploys 3 ships of 900-1,000 teu star
The US-China standoff continues to keep container market sentiment poor with US tariff concessions far from sufficient to restore Transpacific volumes with cargo bookings in the next 3 weeks reported to be down by 30-60% in China and by 10-20% in the rest of Asia. The Labour Day holidays will further dampen cargo demand in May, and could force carriers to cancel additional sailings over the coming weeks in order to stop further freight rate erosion. Only 3 Transpacific services have been withdr
Asia-Europe rates received a much needed boost with gains on both the North Europe and Med routes as carriers pushed ahead with the mid-April rate increase of $200-300/teu that is holding for now on improved capacity utilization rates. With Chinese volumes shifting away from the US in the weeks ahead, carriers are eyeing increased demand to Europe as well as to the other markets to provide some relief from the turmoil in the US, with the overall SCFI edging up by 0.1% at the end of last week.
Container freight futures continued their retreat after last week’s US tariff turmoil. Apart from EC2504 which expires in 2 weeks, prices for longer dated contracts fell by 7% to 14% over the week, driven by short sellers in heavy trading with average daily volumes rising by 59% week on week. The SCFIS edged lower by 1.4% to 1,402 points on 14 April but could see some marginal gains in the next 2 weeks from the planned mid-April rate hikes with EC2504 trading at a 6% premium. Although EC2506 ra