The number of containerships diverted from the Suez to the Cape route has rebounded to a record high of 403 units for 5.14m TEU as at 25 February 2024. The recent surge was partly due to CMA CGM’s decision to reroute from the Red Sea since 1 February 2024 even though the French carrier has backtracked since then with the 16,022 teu CMA CGM JULES VERNE making an eastbound Red Sea passage last week, with a second ship (the 14,414 teu CMA CGM T. ROOSEVELT) scheduled to follow later this week despit
THE Alliance carriers (Hapag-Lloyd, HMM, ONE and Yang Ming) have ended the Cape of Good Hope routing on the eastbound (backhaul) legs of the FE2, FE3 and FE4 services from North Europe to Asia that started since November 2022 and have switched back to the regular route via the Suez Canal. The last FE2 sailing to take the Cape route was the 19,870 teu AL ZUBARA that departed from Rotterdam on 5 March 2023 after 10 consecutive sailings that skipped the Suez route. The Cape routing was already en
THE Alliance carriers (Hapag-Lloyd, HMM, ONE and Yang Ming) have started to divert the ships on the EC4 backhaul voyages via the Cape of Good Hope starting with the departures from the US East Coast in November 2022. A total of 9 EC4 sailings will take the longer Cape route instead of the regular passage via the Suez Canal, in a move that will allow the carriers to save on canal toll fees as well as reduce the effective capacity on the route with the EC4 sailings reduced to fortnightly departu
THE Alliance carriers (Hapag-Lloyd, HMM, ONE and Yang Ming) have re-directed ships on 3 of their 5 Asia-North Europe services to take the longer route back to Asia via the Cape of Good Hope from week 47 as carriers begin to take capacity management measures to deal with the collapse in Asia Europe freight rates. The affected services are the FE2, FE3 and FE4 with all ships on these services that are departing from Europe from the end of November 2022 being diverted from their usual Suez route