COSCO and X-Press Feeders have revised the rotation of their jointly operated Eastern Caribbean Service (ECX)/Trinidad Guyana X-Press (TGX) service with the former call at Kingston replaced by a new call at Manzanillo in Panama from 1 April 2025. The revised ECX/TGX will call at Manzanillo (Pan), Caucedo, Port of Spain, Georgetown, Paramaribo, Port of Spain, Kingston. The revised service will continue to turn in 21 days using 3 ships of 1,100 teu to 1,300 teu, starting with the 1,110 teu WIND f
COSCO Shipping has launched a new North Africa Service (NAS) connecting Valencia, Algiers, Valencia from 25 February 2025. The service turns in 7 days using the 652 teu MEDKON RIZE and 925 teu CONTSHIP IVY to provide 2 sailings each week. .
COSCO and X-Press Feeders have added a second Chancay feeder to connect Chancay, Callao, Iquique, Arica, Ilo, Chancay from 8 March 2025. The service is an extension of X-Press Feeders' Chile Peru X-Press (CPX) that called at Callao, Iquique, Callao with the addition of the new Chancay, Arica and Ilo calls from 17 December 2024 using the 1,341 teu ALIOTH. The service was operated on a fortnightly basis before the addition of a second ship, the 1,098 teu CONTSHIP DON from COSCO on 8 March 2025 wi
COSCO and X-Press Feeders have launched a new Chancay Express / Chile X-Press (CHX) service connecting Chancay, Callao, Lirquen, San Antonio, Chancay from 27 February 2025. The CHX will turn in 14 days using 2 ships, starting with the 1,686 teu A. IDEFIX from X-Press Feeders at Chancay on 27 February followed by the 2,586 teu LAKONIA from COSCO on 6 March. The service will provide transhipment connections at COSCO's new West Coast South America hub of Chancay to Peru and Chile.
COSCO and X-Press Feeders have launched a new Eastern Caribbean Service (ECX)/Trinidad Guyana X-Press (TGX) service connecting Kingston, Caucedo, Port of Spain, Point Lisas, Georgetown, Paramaribo, Port of Spain, Kingston. The service will turn in 21 days and will deploy 3 ships of 900 teu starting with the 1,110 teu WIND from X-Press Feeders at Kingston on 25 January 2025 and the 1,296 teu AS FIORELLA from COSCO Shipping.
OOIL's fourth-quarter report and the December revenue reports from Taiwanese liners indicate that many liners could experience a quarter-over-quarter revenue drop of between 18% and 25%, potentially resulting in earnings declines of up to 50%. COSCO’s full year profit alert shows a 50% qoq drop in earnings in the 4th quarter.
The OCEAN Alliance carriers will have the largest market share and widest market coverage in 2025 after they unveiled their Day 9 product that will be launched in April this year. 3 additional Alliance services will be added to their existing service network, giving them a dominant position on the Transpacific market with 15 sailings to the West Coast and 8 sailings to the East Coast. It will also have the widest coverage to North Europe with a 7th service to be added, matching MSC’s coverage t
ONE will join CMA CGM, COSCO and OOCL to operate a new Med-US Transatlantic 4 service branded respectively as AT4/Amerigo/MENA/ATM. The service will call at Salerno, La Spezia, Genoa, Vado Ligure, Valencia, Algeciras, New York, Norfolk, Savannah, Miami, Algeciras, Salerno. The new service will replace the existing AL6 that is jointly operated by CMA CGM, COSCO, OOCL and Hapag-Lloyd in a cross-Alliance service that also includes Evergreen, Yang Ming, ONE and Zim. The revised AT4/Amerigo/MENA/AT
COSCO Shipping has launched a new Yangpu Indonesia Express (YIX) service connecting Yangpu, Nansha, Jakarta, Semarang, Singapore, Semarang, Jakarta, Yangpu from 26 December 2024. The YIX turns in 3 weeks using 3 ships of 1,000-1,800 teu starting with the 1,876 teu BRIGHT COSMOS at Yangpu on 26 December 2024.
ONE will join the OCEAN Alliance carriers - CMA CGM, COSCO/OOCL and Evergreen - to operate 3 transatlantic services connecting North Europe to US East Coast and Gulf Coast from February 2024. The 4 partners will jointly operate the following services: * North Atlantic (NATL) service connecting Southampton, Antwerp, Rotterdam, Bremerhaven, Le Havre, New York, Norfolk, Baltimore, Southampton using 6 ships of 10,600 teu (3 from COSCO/OOCL, 2 from CMA CGM and 1 from Evergreen) and brande