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.
Bengal Tiger Line, Evergreen, Regional Container Line and Wan Hai Line will team up to launch a new Vietnam-Thailand-East Coast India service calling at Ho Chi Minh City, Laem Chabang, Singapore, Port Klang Northport, Chennai, Visakhapatnam, Port Klang, Singapore, Ho Chi Minh City. The service will turn in 4 weeks using 4 ships of 2,400 to 2,800 teu starting with the 2,646 teu WAN HAI 317 at Ho Chi Minh City on 20 April 2025, followed by the 2,742 teu WHUTTHI BHUM, 2,870 teu EVER BRAVE and 2,46
Evergreen will launch a new Vietnam Thailand Malaysia service (VTS) calling at Shekou, Nansha, Sihanoukville, Laem Chabang, Singapore, Batam, Port Klang Westport, Shekou from 18 April 2025. The service will turn in 3 weeks and will initially operated with 2 ships of 1,800-1,900 teu, EVER CORE and EVER CHARM, with 1 blank sailing in each 3 week cycle. It will feature a direct connection from South China, Cambodia and Thailand to Batam, with Evergreen and SITC the only carriers to provide regular
Taiwanese shipping lines saw a reversal in their monthly revenue, rising 6% month-on-month in January after six consecutive months of decline. Freight rates appear to have improved sequentially, as the CCFI overall index increased by 1% over the same period. However, the bulk of the revenue growth likely stemmed from volume, with preliminary port throughput data indicating a robust uptick in January.
ONE, Evergreen and Yang Ming have launched a new jointly operated Aegean Express (AEX) / Europe Mediterranean Sea (EUM) / North Europe-Aegean Express (NEA) service connecting Southampton, Antwerp, Rotterdam, Piraeus, Ambarli, Gebze, Gemlik, Aliaga, Piraeus, Southampton from 14 January 2025. The Southampton call will replace London Gateway that will only be served on 2 trips on 14 January and 9 February. The service will turn in 4 weeks and will deploy 4 ships of 2,500 to 2,900 teu with ONE oper
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 introduce 2 new feeder services covering the Adriatic and South Mediterranean region from January 2025. The Adriatic Service 1 (AD1) will start from 18 January 2025 calling at Damietta, Koper, Venice, Piraeus, Thessaloniki, El Dekhelia, Damietta using 3 ships of 1,000 teu - the 1,042 teu CHATTANOOGA, 1,118 teu MITO and 1,118 teu BALLATA. The AD1 service will replace ONE's existing Adriatic Israel Butterfly (AIB) service calling at Damietta, Koper, Trieste, Venice, Ancona, Piraeus, Ale
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
Taiwanese carriers reported lower revenues in November with a 11% month-over-month decline. Wan Hai registered a relatively smaller sequential drop of -3% which was in line with the CCFI’s fall while Yang Ming fell by 8% and EMC dropped by 13%. SEAFI cover Freight Rates for Shanghai to ASEAN Based Ports. Source: SSE