HMM, ONE and Yang Ming will launch a new India subcontinent-North Europe service connecting Karachi, Hazira, Mundra, Nhava Sheva, Colombo, London Gateway, Rotterdam, Hamburg, Antwerp, Karachi from 5 February 2025. The service will be branded as the India North Europe Express (INX) by HMM, Indian Ocean Express (IOX) by ONE and India Ocean Express Service (ISE) by Yang Ming. It willturn in 11 weeks using 11 ships of 6,000 to 7,000 teu. Port rotation of the new INX/IOX/ISE service
ONE and Unifeeder will launch a new Baltic Bridge Express (BBX) service calling at Rotterdam, Klaipeda, Riga, Talinn, Kotka, Rotterdam from 24 January 2025. The BBX service will turn in 14 days with the 1,436 teu ESSENCE from ONE and the 1,025 teu ELBSKY from Unifeeder. Port rotation of the new BBX service
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
ONE will partner HMM and CMA CGM to launch a new North Europe-US West Coast Transatlantic service that are named respectively as the Atlantic 5 (AL5), Transatlantic 1 (TA1) and California Bridge (CALFB). Yang Ming, OOCL and COSCO will also participate as slot buyers on the service as the Atlantic 5 (AL5) and Atlantic West Coast (ATW). The AL5/TA1/CALFB/ATW will call at Southampton, Le Havre, Rotterdam, Hamburg, Antwerp, Miami, Cartagena (Col), Panama Canal, Balboa, Los Angeles, Oakland, Balboa,
X-Press Feeders has introduced a new Benelux Scandinavia Baltic X-Press (BSB) through a partnership with ONE's upgraded Scandinavia Baltic Express (SBX) service calling at Antwerp, Rotterdam, Frederica, Gdynia, Rauma, Gavle, Gdynia, Antwerp. X-Press Feeders' participation started from 5 November 2024 with the 1,036 teu X-PRESS AGILITY which joins ONE's 1,436 teu ESSENCE on the service.
ONE and Wan Hai will exchange slots on 2 Far East-US West Coast services that each carrier operates from 1 February 2025. ONE will provide to Wan Hai 1,700 teu per week on the PS6 service that it operates under the Premier Alliance agreement. Wan Hai's slots will cover only Shanghai, Ningbo, Long Beach, Oakland, Shanghai and will exclude the other ports of the full PS6 rotation that calls at Busan, Kwangyang, Incheon, Shanghai, Ningbo, Kwangyang, Busan, Long Beach, Oakland, Busan. Wan Hai wil
Market Pulse Week 48: Zim reported net profits of $1.13 Bn and EBIT of $1.24 Bn for the 3rd quarter of 2024, concluding the reporting season for the publicly listed carriers. Zim’s EBIT margin of 44.7% puts it in 4th place behind EMC, HMM and Yang Ming but Zim delivered the highest annualized RoE of 115% in Q3 2024 - twice that of the second-best performer EMC and more than 4 times more than the industry average ROE of 25%. Market Pulse Week 47: Asian carriers have outperformed their European p
ONE will launch a new Scandinavia Express (SCX) service connecting Rotterdam, Gothenburg, Helsingborg, Aarhus, Copenhagen, Antwerp, Rotterdam from 19 December 2024. The SCX will turn in 2 weeks with the 1,440 teu CAPE FERROL and 1,781 teu LANGENESS.
ONE will launch a new Levant Express (LEX) service connecting London Gateway, Rotterdam, Hamburg, Antwerp, Alexandria, Damietta, Mersin, London Gateway from 13 January 2025. The LEX service willl turn in 4 weeks using 4 ships of 2,600-2,800 teu starting with the 2,741 teu LORRAINE at London Gateway on 13 January 2025.
ONE and Yang Ming will introduce a new Aegean Express/North Europe-Aegean Express (AEX/NEA) service calling at London Gateway, Antwerp, Rotterdam, Piraeus, Istanbul, Gebze, Gemlik, Aliaga, Piraeus, London Gateway to provide enhanced connections between North Europe and the Med. The service will be officially launched on 4 January 2025, but ONE will begin to offer the service from 10 November 2024 with the 1,084 teu SVENDBORG at Antwerp. The service will turn in 4 weeks and will deploy 4 ships o