Asia-West Africa

Crew kidnapped from CMA CGM vessel in Gulf of Guinea

There are unconfirmed reports that up to nine crew have been kidnapped in a pirate attack on a container ship in the Gulf of Guinea, some 48nm southwest of Equatorial Guinea.
Security consultancy Dryad Global initially reported six crew missing but later amended that to up to nine crew. Few details are available at this time – there are reports that the attack is still underway – however, a Danish Navy …

The post Crew kidnapped from CMA CGM vessel in Gulf of Guinea appeared first on The Loadstar.

https://theloadstar.com/crew-kidnapped-from-cma-cgm-vessel-in-gulf-of-guinea/

On the wires: The container freight story at a granular level

Alphaliner published an interesting note this week which looked at the extraordinary performance of container freight rates, but at a granular level.
Analysing the recent gains on the Shanghai Containerised Freight Index – which charts nine deepsea trades out of Shanghai, in addition to four intra-Asia routes – and dividing the headhaul freight rate with the nautical distances between Shanghai and each trade’s base port to give the dollar earned per …

The post On the wires: The container freight...

https://theloadstar.com/on-the-wires-the-container-freight-story-at-a-granular-level/

CMA CGM to launch Asia-West Africa service via Suez Canal

CMA CGM this month will launch a standalone Asia-West Africa service, the first in the trade to be routed via the Suez Canal on its headhaul voyages.
It claimed the Round the Africa (RTA) service will offer the fastest connections between the Chinese ports of Shanghai, Ningbo and Nansha to the West African ports of Dakar, Freetown, Tema and Abidjan, via calls at the Mediterranean hubs of Malta and Tanger.
On the …

The post CMA CGM to launch Asia-West Africa service via Suez Canal appeared first...

https://theloadstar.com/cma-cgm-to-launch-asia-west-africa-service-via-suez-canal/

Rising low-sulphur fuel costs begin to bite shipping lines in Asia

Although the 1 January switch to maximum 0.5% low-sulphur fuel for shipping appears to have passed without major disruption, liner consultancy Alphaliner has reported instances of idle containerships waiting for compliant fuel.
The consultant said it had recorded “several cases of laden ships at anchor, apparently waiting for LSFO [low-sulphur fuel oil] bunkers”.
It said the carrier most affected was Singapore-based Pacific International Lines (PIL), which apparently has had at least six …

The...

https://theloadstar.com/rising-low-sulphur-fuel-costs-begin-to-bite-shipping-lines-in-asia/

Hapag-Lloyd and ONE expand services for Africa market with new launch

THE Alliance members Hapag-Lloyd and Ocean Network Express (ONE) have continued the strategy of extending a joint offering into secondary trades, today announcing the launch of a service connecting India, the Middle East and Africa.
The Middle East-India-Africa Express (MIAX) service – alternatively known as the AIM service by ONE – is set to launch in October and will connect ports in the Arabian Gulf, India, Colombo (Sri Lanka), La Réunion, …

The post Hapag-Lloyd and ONE expand services for...

https://theloadstar.com/hapag-lloyd-and-one-expand-services-for-africa-market-with-new-launch/

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