Shipping
Japanese shipyards may benefit from US port fees on Chinese vessels
Japanese shipyards may benefit from US port fees on Chinese vessels
MOL opens office in Washington, D.C.
Xeneta reports record-high carbon emissions in ocean shipping for 2024
Port of LA expects a double-digit volume decline in the second half amid tariffs
DP World sources 65% of its electricity from renewables in 2024
Hapag-Lloyd: 30% of China’s US-bound shipments canceled
Port of Antwerp-Bruges says impact of US tariffs minimal for now
COSCO says planned US port fees threaten shipping, global supply chains
Yang Ming extends lease at Kaohsiung Port, acquires new containers
Transpacific sees surge in blank sailings amid escalating tariffs
UNCTAD: Global economic growth may slow to 2.3% amid mounting pressures
Port of Long Beach becomes the busiest U.S. port in Q1
IMO approves net-zero regulations for global shipping
India ends transshipment facility for Bangladesh exports
US softens stance on proposed port fees for Chinese vessels
Adani’s Colombo Terminal commences operations
Gemini shuttles hit 98% schedule reliability in February
Airfreight demand from China, Hong Kong to the US declines as rates rise
ZIM signs long-term charter deals for 10 LNG-powered 11,500-TEU vessels
Georgia Ports’ container trade grew 22.5% in March
CMA CGM inks AI deal with Mistral AI
Port of New York and New Jersey reports second-busiest February
Maersk's APM Terminals acquires Panama Canal Railway Company
ICS: Proposed US port fees on Chinese vessels to severely disrupt supply chains
PSA looks ahead to strategic developments in 2025 after record-breaking 2024
Hapag-Lloyd makes Philippine inaugural at ICTSI Manila
Yang Ming acquires three methanol dual-fuel ready vessels
Maersk shares updates on upcoming US reciprocal tariff plan
ONE highlights need for adaptability in volatile markets
WorldACD: Global air cargo rates rise as post-NY market rebounds
Chinese shipbuilder unveils LNG dual-fuel vehicle carrier
SATS partners with Guangtai to innovate ground support technology
SC Port's Inland Port Greer expands capacity by 50%
Hong Kong exporters remain positive despite growing trade tensions
Singapore opens applications for methanol bunkering licence
Tariff turmoil persists, though ocean freight rates continue to decline
UN agencies express grave concern over increased satellite interference
Baltic Hub welcomes multiple new services
Port of Savannah achieves busiest February on record
UK freight association seeks solutions to uninsured cargo
Rotterdam, Singapore boost green, digital shipping partnership
MSC announces standalone East/West network
Singapore, India ink deal to boost maritime digitalisation, decarbonisation
World Shipping Council calls on the U.S. to drop its planned port fees
Port of NY/NJ secures landmark lease extension with APM Terminals
Container rates slip amid signs of overcapacity
SC Ports expands weekly services with new ocean carrier deployments
Port of LA reports continued growth in shipments for February
Sea-Intel: Major ocean carriers profitability around US$60B in 2024
Adhira Shipping and Logistics sees continued demand for Cape Size carriers
Matadi Gateway Terminal expands hybrid equipment fleet
MPA, CMA CGM sign MoU to boost sustainable shipping, digital innovation
China, Hong Kong raise concerns over Hutchison Ports deal
Houthis ban U.S. vessels from the Red Sea; Trump vows end to the aggression
Hapag-Lloyd's port arm buys stake in terminal operator in Le Havre
MOL makes major stride in developing ammonia-powered carrier
WorldACD: Flat markets slightly above last year's levels
Frontloading continued to drive volume growth at the Port of Long Beach
Yang Ming plans regional route expansion amid evolving trade tensions
Malaysia's Sin-Kung Logistics eyes air cargo with Prima Air acqusition
Tianjin Port eyes increased container throughput to 35M TEUs by 2035
ILA-USMX officially sign six-year port contract through 2030
U.S. tariffs to accelerate relocation of factories to South, Southeast Asia
Singapore launches new standard on methanol bunkering
MOL strengthens chemical logistics business with new acquisition
MOL launches 1st onshore supply of green hydrogen produced at sea
DP World and Mawani inaugurate US$800M terminal in Jeddah
CMA CGM to invest US$1B for new Chicago air cargo hub
Trump halts Canada, Mexico tariffs again for another month
Trump unveils plans for new office of shipbuilding
CK Hutchison sells int'l ports business to BlackRock, MSC for US$22.8B
CMA CGM's first dual-fuel methanol vessel makes maiden call at Singapore
Alibaba, Maersk partner on container shipping services
MOL joins e-methane alliance e-NG Coalition
Freight pricing, contracts become more fluid
Port of New York and New Jersey records third busiest January ever
Viasea Shipping relaunches London Thamesport service
Sea-Intel notes volume shift from East to West Coast in H2 2024
Port of Savannah receives largest capacity vessel in its history
ILA ratifies new labour contract at US East, Gulf Coast ports
Sea-Intel: 2024 global schedule reliability trend continuing in 2025
Savannah tagged as fastest growing port on the U.S. East Coast
ICTSI's MCT increases renewable energy utilization
DCSA releases final versions of Booking 2.0, Bill of Lading 3.0 standards
Port Klang launches Kale's Malaysia Maritime Single Window
Port of Hamburg reports growth in container throughput, rail transport
Port of Salalah invests US$300M to meet new Gemini Cooperation needs
ONE adopts DCSA eBL standards using GSBN blockchain
Asia-Europe demand to drop once supply chains return to normal
SC Ports welcomes largest vessel to call Port of Charleston
ONE, Yusen Logistics partner on sustainable shipping solutions
Panama Canal transits start to rebound after drought year
Evergreen orders 11 mega-size containerships worth US$3.2B
PSA Ventures, NIDLP partner on port automation, sustainability
DP World Sokhna handles inaugural vehicle export
ONE names first owned and operated newbuilding container vessel
ABS chief pitches nuclear power to decarbonise shipping
Kuehne+Nagel, Acer Europe partner to decarbonise sea shipments
DP World says first phase of US$80M Sokhna Logistics Park 65% complete
DHL: Multi-shoring beyond “China Plus 1” on the rise
Regional container trade imbalances increase 33%
Yang Ming enhances JKX service with Haiphong extension
Singapore, Indonesia extends human resources development partnership
Shipping organisations increasingly concerned about seafarer safety
Ocean Alliance remains as largest shipping alliance amid recent shifts
Transits through the Panama Canal down 10%
ONE, LX Pantos announce intermodal transport joint venture
Port of New York and New Jersey records third-busiest year ever in 2024
ICTSI flagship terminal receives Philippines’ first near-zero emission RTGs
ONE raises full-year profit guidance in 2024
Gemini Cooperation launches operations
VICT in Melbourne invests in new hybrid carriers to raise capacity, reduce emissions
NEW SERVICES AIMED AT INCREASING ASIA TRADE
June 4, 2015
Buenos Aires
A new Asia/South America service operated by Maersk and MSC will find ships calling at Buenos Aires (pictured), Montevideo, Rio Grande, Paranagua and other South American cities.

Trade between Asia and the United States and South America is on the increase, and two separate slot deals covering the US trades are in the process of being put together by APL, CMA-CGM and Hanjin.

Exact details of the new agreements have just been filed with the US Federal Maritime Commission (FMC). According to FMC sources, there will be a new slot exchange deal between CMA-CGM and Hanjin to cover the Asia/US West Coast trade, and a new slot charter undertaking between APL and CMA-CGM covering the US East Coast and the Middle East.

Hanjin is to use a slot allocation on the CMA-CGM Asia/US West Coast service known as the Pearl River Express (PRX) service covering Fuzhou, Xiamen, Nansha, Hong Kong, Yantian, Long Beach and Fuzhou.

In return, CMA-CGM will have slots on the CKYHE Pendulum service known as the PM1, which covers the Mediterranean/Asia/US West Coast.

This particular agreement is with Hanjin, and concerns coverage of Vung Tau, Hong Kong, Shanghai, Pusan, Long Beach, Pusan, Qingdao, Shanghai and Ningbo.

In addition to these two new agreements, there will be a new slot exchange deal between APL and CMA-CGM. This undertaking is purely for CMA-CGM to ship aid cargo bound for East Africa from the US East Coast to Jebel Ali and Damietta on US-flag vessels operated by APL.

The shipments will be undertaken on the APL US-flag vessels operated on the AZX service.

In a separate set of agreements, the 2M Alliance lines Maersk and Mediterranean Shipping Co, together with G6 Alliance member line MOL (Mitsui-OSK Lines) are setting up a new joint service portfolio in July through the operation of two services on the Asia/South America and local domestic trades.

One of the services will replace an existing service operated by Maersk, CMA-CGM, Hapag-Lloyd, Hamburg-Sud, CSCL and Hanjin, and the other, a service operated by MOL (Mitsui-OSK Lines).

The first loop will operate with 12 x 9,000 TEU split 50/50 between Maersk and MSC with MOL (Mitsui-OSK Lines) purchasing slots and marketing the service as the SW2. Port coverage will be Pusan, Shanghai, Ningbo, Chiwan, Yantian, Hong Kong, Singapore, Santos, Paranagua, Buenos Aires, Montevideo, Rio Grande, Paranagua, Santos, Ngqura, Singapore, Hong Kong and Pusan.

The second loop will operate with 10 x 5,600/6,300 TEU MOL vessels and be known as the CSW service. Maersk and MSC will purchase slots; port coverage will include South Africa on the eastbound leg: Chiwan, Yantian, Hong Kong, Singapore, Santos, Sepetiba, Cape Town, Durban, Singapore and Chiwan.

Separately, Mitsui-OSK Lines (MOL) is to offer a new west coast South America service through its own deployment on a newly-modified service scheduled to start in the first half of June to cover Balboa, Callao, Paita, Guayquil, Buenaventura and Balboa, with 2 x 1,300 TEU vessels.

The new service, known as the GPX, replaces an existing G6 joint service (APL, MOL, HMM) covering the USWC/WCSA trade known as the ACW service, and importantly connects with a series of G6 mainline Asia/WCSA services, including the newly-launched AMS service.

The GPX and AMS service connections will be offered over Buenaventura. The first GPX southbound sailing from Balboa will be on June 6 by the 1,350 TEU Magari, while the first AMS sailing from Hong Kong and Chiwan is expected to arrive at Buenaventura on June 20.

 

By Paul Richardson

Sea Freight Correspondent | London