CMA CGM and Hapag-Lloyd will terminate their jointly operated India-US East Coast Indamex and Indamex 2 services from August 2024 and replace them with separate services that will be operated independently by the two carriers. Hapag-Lloyd has announced a new TPI (Indamex) service that will call at Port Qasim, Nhava Sheva, Mundra, New York, Norfolk, Savannah, Charleston, Port Qasim from 8 August 2024 with the 9,274 teu TORRENTE. The service will turn in 11 weeks and will be operated independentl
COSCO will replace the existing OCEAN Alliance CPNW/PNW4/PE2/Twin Peaks Express (TWPKS) service calling at Yantian, Hong Kong, Ningbo, Shanghai, Prince Rupert, Vancouver, Yantian with a revised rotation that omits the Vancouver call which is shifted to the new China-Pacific Northwest Coast/Vancouver (CPV) service calling at Ningbo, Shanghai, Vancouver, Seattle, Lianyungang, Ningbo starting from 12 June 2024. OOCL, Evergreen and CMA CGM will retain their slots on the 2 services. COSCO will also
COSCO and OOCL will launch a new peak season transpacific service to the Pacific Southwest calling at Kaohsiung, Xiamen, Yantian, Long Beach, Kaohsiung branded as the SEA3 and PSX respectively. The SEA3/PSX will start from 23 June 2024 at Yantian with the 8,533 teu XIN FEI ZHOU. The service will turn in 6 weeks and will deploy 6 ships of 8,000 to 10,000 teu operated exclusively by COSCO and OOCL.
COSCO and OOCL will launch a PNW peak season transpacific service branded as the China-Pacific Northwest Coast/Vancouver (CPV) service calling at Ningbo, Shanghai, Vancouver, Seattle, Lianyungang, Ningbo starting from 12 June 2024. The CPV service will turn in 42 days using 6 ships of 4,250 teu starting with the 4,253 teu COSCO VENICE at Ningbo. The service will be the first new transpacific service launched for this year’s peak season and will add 1.4% to the current capacity deployed on the F
COSCO and OOCL will jointly launch a new Asia-Mexico WSA5/TLP5 service from 6 May 2024 calling at Busan, Dalian, Ningbo, Shanghai, Qingdao, Ensenada, Manzanillo, Ensenanda, Yokohama, Busan. The WSA5/TLP5 will turn in 8 weeks using 8 ships of 4,000 to 6,000 teu starting with the 5,668 teu XIN DA LIAN at Ningbo on 6 May 2024.
Evergreen will revamp its transpacific-Middle East Transpacific Northwest Service (TPN) and Transpacific Arabian Service (TPA) from May 2024, with the Middle East calls on the current TPA service shifted to the TPN which will be renamed as the Asia-Northwest-Persian Gulf (ANP) service. The ANP service will call at Dammam, Umm Qasr, Jebel Ali, Port Klang, Laem Chabang, Cai Mep, Kaohsiung, Yantian, Shanghai, Ningbo, Tacoma, Vancouver, Tokyo, Nagoya, Osaka, Shanghai, Ningbo, Kaohsiung, Shekou, Por
6 carriers on the Asia-East Coast South America trade (CMA CGM, COSCO, OOCL, Evergreen, PIL and Yang Ming) will upgrade their 2 existing strings from May 2024, with average weekly capacity to rise from 21,300 teu to 24,000 teu. The first string branded as SEAS2/ESA2/TLA2/ESA3/SSA/SA5 by CMA CGM, COSCO, OOCL, Evergreen, PIL and Yang Ming respectively will call at Xingang, Qingdao, Shanghai, Ningbo, Shekou, Singapore, Rio de Janeiro, Santos, Paranagua, Itapoa, Navegantes, Santos, Colombo, Singapo
The Taiwanese liners and OOIL have reported their top line results for 1Q 2024 between 10 April and 12 April (last week), being the first batch of operating updates from container liners for the period. The revenue for 1Q 2024 rebounded between 11% and 34% QoQ as expected but the rebound tracked below the CCFI’s 51% jump QoQ. Nevertheless, the top line rebound should move the liners’ EBIT margin to mid teen in 1Q. YMM being the liners with higher long haul spot exposure has delivered the higher
The new OCEAN Alliance Day 8 network starting in April 2024 will drop one of the 7 Far East-Europe services that they current operate. The affected service is the Far East North Europe NEU3 service (branded respectively by COSCO/OOCL, CMA CGM and Evergreen as the AEU7/LL3/FAL7/NE7) calling at Xiamen, Nansha, Hong Kong, Yantian, Cai Mep, Singapore, Zeebrugge, Hamburg, Rotterdam, Port Klang, Singapore, Xiamen with the wayport call at Piraeus omitted since January due to the diversion of the servic
COSCO and OOCL have added a new Mediterranean Feeder Service (MFS) / Israel West Med (IWM) service with the injection of a ship to Zim's Tyrrhenian Container Line (TYR) service. COSCO has been taking slots on the Zim service since November 2023. The TYR/MFS/IWM calls at Ashdod, Haifa, Fos, Genoa, Salerno, Ashdod and turns in 3 week with 3 ships of 1,100-1,400 teu. COSCO will deploy the 1,223 teu FREDERIK on the service from 13 March 2024 to join Zim's 1,134 teu ASIATIC KING and 1,421 teu NAVI B