The largest container shipping alliance, 2M Alliance has announced the temporal suspension of its TP23/Liberty service and the addition of the port of Charleston call to TP17/ America service. The two members of the alliance, Maersk and MSC said this is a move that aims to adjust container capacity “in line with the slowing demand on the Transpacific US East…
As 2M Alliance’s TP1/Maple and TP9/Eagle services have been inconsistent in terms of departure frequency and extended transit times, according to 2M Alliance of Maersk and MSC, the two container giants have decided to merge them into an updated TP1/Maple line. The first sailing of the new consolidated TP1/Maple service will be on 28 October and will begin from the…
PhilaPort welcomed the arrival of the vessel Wan Hai 315 to the Packer Avenue Marine Terminal this week. The weekly Asia – America 9 (AA9) Service makes calls to Haiphong, Vietnam; Shekou (Shenzhen), Shanghai, and Qingdao, China; Kaohsiung, Taiwan; and Balboa, Panama on its way to Philadelphia. “The arrival of Wan Hai Lines’ AA9 Service gives shippers a better alternative for…
Congestion on the US West Coast led to a sharp increase in both demand and capacity on the Asia-US East Coast routes. Quoting Sea-Intelligence data, Xeneta said that in the three months to July 24, capacity between Asia and the US East Coast was up 18.9% on-year to an average of 210,000 teu. “Compared to the average weekly capacity in…
Mediterranean Shipping Co (MSC) is involved in plans to develop Vietnam’s largest box port complex. Terminal Investment Limited (TIL), MSC’s port subsidiary, has tied up with Vietnam National Shipping Lines and Saigon Port, to press ahead with a massive transhipment hub in Can Gio, to the south of Ho Chi Minh City. The port proposal has been sent to Pham…
UWL and Swire Shipping are launching a new dedicated, express ocean export service from Seattle, Washington, US to Ho Chi Minh City, Vietnam. The transit time will be the fastest in the trade, with a duration of 21 days, according to a statement. “The recent ocean disruption and 100-day-long transit times are literally wiping out US food exporter livelihood; many…
The Swiss/Italian container line MSC has upgraded its transpacific network, connecting Asia and the United States, launching a new service and updating two existing ones. MSC is expected to commence its new Zephyr service in mid-July. However, it is still subject to regulatory approval. The world’s largest container shipping company said this new weekly service will enable them to offer…
Singapore-based liner operator Swire Shipping has launched what it claims is the market’s fastest port-to-port service for voyages between Ho Chi Minh city in Vietnam and Seattle in Washington with a transit time of between 16 and 18 days. The service, with priority berthing secured at both Seattle and Vietnam, has been launched exclusively in partnership with a top 20…
China’s near 100% monopoly of the container manufacturing business could have an Asian rival soon. Two South Korean firms – Seojin Systems and Ace Engineering – are constructing a container factory in Haiphong, Vietnam, due to go into operation in the middle of next year. The project is supported by state-run ship finance specialist Korea Ocean Business Corporation (KOBC). The…
