Shipping
Hamburg invests €1.1B in port infrastructure expansion
Hamburg invests €1.1B in port infrastructure expansion
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Asia-NAWC capacity volatility more than triples
Containers lost at sea up more than double in 2024
Hong Kong launches up to HK$2M bunkering incentive for LNG, methanol
Sea-Intel finds top deep-sea ports among least reliable
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Maersk to resume port calls in Haifa
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Port of Savannah achieves third month of over half-million TEUs
CMA CGM names Esra Bora as new general manager in China
Maersk halts port calls at Haifa citing threat risks
First mega-boxship transits the Suez Canal in 15 months
ONE adds 13,900 TEU vessel to fleet
Freightos: Iran-Israel conflict not impacting freight yet
CMA CGM says shipping activities ‘proceeding as normal’ in the Middle East
Sea-Intel: Niche carriers seizing Transpacific opportunity again
Hong Kong marks first SIMOPS LNG bunkering at Modern Terminals
Tariffs put brake on cargo volume growth at Port of Los Angeles
MPA, NYK Group expand autonomous ship trials
PSA International joins Global Centre for Maritime Decarbonisation
Chengdu-Shenzhen-Hong Kong rail-sea service launches
Global schedule reliability continues to increase in 2025
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Gebrüder Weiss expands into Thailand
DP World, VIMC Lines launch domestic coastal logistics service
Singapore, France ink enhanced maritime partnership agreement
CMA CGM launches first fully-electric container barge in Vietnam
MSC container ship sinks off India coast
Port of Savannah container trade up 17% in April
DP World to launch US$2.5B logistics infrastructure investment in 2025
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Suez Canal introduces rebates to regain containership traffic
CMA CGM warns extended China-US tariffs could disrupt global trade
U.S. slashes ‘de minimis’ tariff on small China parcels to 30%
LA, Long Beach ports warn of continued tariff uncertainty
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Yang Ming: US-China trade deal may spur demand, but uncertainty persists
US-China tariff pause offers temporary relief, could fuel another frontloading rush
Transpacific shipping faces capacity cuts as trade war escalates
Houthi ceasefire raises prospect of container traffic returning to Red Sea
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Xeneta: ‘Ships for America Act’ adds more uncertainty to container shipping market
JAFZA marks 40 years with record US$190B in trade
Seafrigo expands multi-modal services to support global expansion
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MOL opens office in Washington, D.C.
Red Sea disruptions push shipping carbon emissions to record high in 2024
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DP World sources 65% of its electricity from renewables in 2024
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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
ZIM LAUNCHES NEW ASIA/USEC SERVICE
April 20, 2015
ZIM 2015
Zim’s board of directors have given approval for the line to launch a new Asia/USEC service during late May, using its own tonnage.

Zim Integrated Shipping Service’s board of directors have given their approval for the line to launch a new Asia/US East Coast via the Suez Canal service during late May with its own tonnage.

The move follows on to Zim’s earlier departure from the Asia/North Europe trade, labelled by the line prior to the departure as a big financial lossmaker, and one of the main reasons the company had recorded a series of losses over many years.

Details of the new service were revealed late April 16 by Zim senior executives and, although the service is still to be named, it will deploy 10 x 5,000/6,500 teu Zim vessels providing an average weekly capacity of around 5,700 teu.

The first westbound sailing of the new Zim service is scheduled to be from Yantian on May 25 with a port coverage of Yantian, Dachan Bay, Cai Mep, Singapore, Colombo, (Suez transit), New York, Norfolk, Savannah, (Suez transit), Singapore and Yantian.

Zim is also putting together a series of slot purchase agreements with other lines for involvement on the new service.

Identity of those lines is not being revealed, but Zim is presently working together with lines within the G6 Alliance as a slot purchaser itself on G6 services covering the Asia/US trade routes, and strong indications are that those lines maybe further involved in the new service.

The all-important move by Zim to turn its finances around into a more positive sector, will not make for any changes on existing Asia/US East Coast and US West Coast coverage.

Another line with eyes on the US East Coast trade is Hapag-Lloyd, which is to launch its own new North Europe/USEast Coast service. Hapag-Lloyd is increasing its coverage of the transatlantic with another new service, to be known as the AX4 service, from late April.

The new service will offer coverage of Bremerhaven, Rotterdam, Le Havre, Savannah, New York and Bremerhaven. Vessel deployment will comprise 4 x 2,500 teu vessels. The first westbound sailing from Antwerp is scheduled to be made on April 28 by the 2,500 teu Ulyssses.

Transit times include Bremerhaven/Savannah in 12 days westbound and New York/Rotterdam in 11 days on the eastbound leg.

 

By Paul Richardson

Sea Freight Correspondent | London