Sea Lion Shipping has upgraded its Singapore-Pasir Gudang feeder service from 1 March 2023, replacing its former barge service with ships chartered from MTT Shipping. The 653 teu MTT SINGAPORE and the 415 teu MTT RAJANG have been temporarily used to provide Singapore-Pasir Gudang shuttle services since March this year, operated in conjunction with MTT's Port Klang-Pasir Gudang domestic service. From the end of March 2023, the 415 teu MTT SIBU will be deployed on the Singapore-Pasir Gudang serv
X-Press Feeders have introduced a new Intra-Adriatic Express (IAX) feeder service connecting Venice, Koper, Venice. The new weekly service is aimed at intra-Adriatic positioning moves and will start at Venice on 30 March 2023 with the 698 teu SUNAID X.
Arkas launches Istanbul Poti Service (IPS) that rotates through Kumport, Ambarli, Poti, Kumport on 21-day round trip with one ship. The 1139 teu MARTINE A will phase on 22 March at Kumport. Until recently, MARTINE A has been deployed in Arkas's Tunis-Libya Service (TL)
The Maersk/Sealand Asia IA80 coverage has been extended to North Asia to provide direct northbound connections from Philippines to the Kansai and Kyushu regions with southbound connections from North Asia to Cambodia. The revised rotation of the IA80 service started from the end of January 2023 and calls at Taichung, Xiamen, Hong Kong, Shekou, Sihanoukville, Bangkok, Laem Chabang, Ho Chi Minh City, Batangas, Manila(N), Manila(S), Osaka, Hibishinko, Busan, Hakata, Moji, Busan, Taichung. The serv
Maersk and MSC have announced the suspension of their AE1/Shogun service that is one of the 6 Asia-North Europe loops operated within the 2M alliance. Although officially suspended from week 11 of 2023, the AE1/Shogun service was already operated irregularly since September 2022 with just 3 voyages made in the 4th quarter with the last sailing made on 13 December 2022 when the 14,036 teu MSC ALEXANDRA made the last westbound voyage from Asia. The AE1/Shogun called at Ningbo, Xiamen, Yantian,
Hapag-Lloyd will launch a new Vietnam Indonesia Straits (VIS) service that connects Ho Chi Minh City, Singapore, Port Klang, Belawan, Penang, Port Klang, Singapore, Ho Chi Minh City. The new service will turn in 2 weeks and starts from 10 April 2023 with the 1,781 teu CAT LAI EXPRESS that is shifted from the current Singapore-Vietnam Feeder (VNF) service. Hapag-Lloyd's new VIS service rotation
Singamas reported its full year results during lunch break today (15 Mar). The bottom line results of $46mn for FY and $8mn for 22H2, down 75% YoY and 93% YoY respectively was not a surprise since it was well discussed earlier in 2023 about the surplus of containers in the market and profit alerts were given in November last year and again 2 weeks ago. The negative surprise though come from probably the lower than expected final dividend payout of $6.11m declared for 2022. This came on top of
Zim/GSL will add new calls at Busan and Kaohsiung on its China Australia Express (CAX) service. From 18 April 2023, the CAX service will call at Busan, Shanghai, Ningbo, Kaohsiung, Xiamen, Sydney, Melbourne, Brisbane. The revised rotation will turn in 6 weeks and will deploy up to 6 ships of 4,250 teu. The CAX service was first launched in October 2020 and intially called at Ningbo, Shanghai, Yantian, Sydney, Melbourne, Brisbane, Ningbo using 6 ships of 2,500 teu with a Haiphong northbound cal
Chinese port data for January remains unavailable, with the publication of official government monthly statistics conspicuously delayed since September 2022. Chinese port data have been inflated since July 2022 with throughput volumes still showing positive growth year-on-year while volumes reported at ports in the rest of the world are clearly in decline. Chinese port volumes have historically led global volume growth, with the pick-up in Chinese port volumes in late 2020 and early 2021 foresh
The torrent of new containership deliveries has started with #MSC setting new ship size records twice last week, with more ULCS units to come in the weeks ahead. MSC has widened its gap against Maersk to 587,000 teu with the divergence even greater if idled capacity is taken into account. #Maersk has 298,000 teu currently idled compared to just 68,000 teu from MSC, with the burden of idling excess capacity unevenly shared by the carriers. The idle containership fleet currently stand at 738,014