Five of the largest ocean carriers are cooperating to introduce a new service connecting important ports in Asia with the East Coast of South America.
In particular, CMA CGM, COSCO, OOCL, Evergreen and PIL will jointly launch the new service on the Asia-Latin America trade in May.
The service will have two separate loops. The first loop will be operated by 12 container ships of up to 14,000 TEU capacity and will commence on 5 May from the port of Tianjin.
The rotation of the first loop will...
Chinese shipping giant COSCO and CNC, the intra-Asia short sea specialist of the CMA CGM Group, have signed a vessel-sharing agreement for a service between China and the Philippines.
The China Philippines 8 (CP8) service will be operated by two container ships with a capacity of 2,800 TEUs each, with each company deploying one boxship.
The port rotation of the weekly CP8 service is as follows:
Fuqing, China > Shanghai, China > Ningbo, China > Xiamen, China > Manila North, Philippines > Manila...
https://container-news.com/cosco-cnc-ink-vessel-sharing-deal-for-intra-asia-service/
Σύμφωνα με τα στοιχεία, η COSCO έχει καταβάλει περισσότερα από 100 εκατομμύρια ευρώ στο ελληνικό κράτος σε αμοιβές δικαιόχρησης και φόρους
A pier in Taiwan’s Keelung port sustained damage after one of COSCO Shipping Lines’ container ships came into contact while attempting to berth.
The 2000-built, 1,702 TEU Fei Yun He had just arrived from the port of Lianyungang in China, shortly before 8 am local time on 16 March.
Local media reported that possibly due to miscommunication between the pilot/crew and the port authority, Fei Yun He knocked into Keelung’s West Pier 20.
The pilot can be heard on television footage saying, “Why is the...
https://container-news.com/cosco-container-ship-damages-keelung-berth-after-collision/
Όταν πριν μερικούς μήνες ξεκίνησε η ιστορία με τους Χούθι στην Ερυθρά Θάλασσα, όλοι οι αναλυτές έσπευσαν να κρούσουν τον κώδωνα του κινδύνου για τις πιθανές επιπτώσεις στο λιμάνι του…
Ο Κινέζος… καπετάνιος στις φουρτούνες φαίνεται – Η ΝΑΥΤΕΜΠΟΡΙΚΗ
https://www.naftemporiki.gr/business/1619867/o-kinezos-kapetanios-stis-foyrtoynes-fainetai/
During the inaugural journey of COSCO Shipping Aries in 2018, this ultra-large container vessel became the first 20,000 TEU class ship from China to call HHLA Container Terminal Tollerort (CTT) in Hamburg, Germany.
On 19 March next week, another milestone awaits the boxship. Captain Wang Chunsheng and his crew will be the first to sail the 400-metre-long vessel into the Port of Genoa, Italy’s largest port for containerized direct traffic, marking yet another special occasion.
By operating the...
https://container-news.com/cosco-shipping-aries-to-call-at-port-of-genoa-marking-another-milestone/
Container carriers appear to have abandoned plans to hike freight rates on Indian trades to the United States, as they are facing a slump in cargo bookings.
MSC, Hapag-Lloyd and CMA CGM had planned to implement hefty general rate increase (GRI) and peak season surcharge (PSS) amounts from early March.
For example, MSC’s rate activity plans included a GRI of US$1,000 per box from 1 March and a PSS of $1,500 per box from 4 March for trades to the US West Coast. Earlier, the carrier had also...
https://container-news.com/carriers-undo-rate-hikes-on-india-us-trades-amid-cargo-volume-pressure/
OCEAN Alliance, consisting of CMA CGM, COSCO, Evergreen and OOCL, has announced the launch of its updated service network, called “DAY 8 Product”.
After extending their partnership for an additional five years, the four ocean carrier allies are unveiling their new programme aimed at tackling the emerging challenges posed by the volatile conditions in the Red Sea.
The DAY 8 Product, which is expected to commence in April, will include:
https://container-news.com/ocean-alliance-rolls-out-new-service-network/
Iridium Communications, a major provider of worldwide voice and data satellite communication services, has announced that Cosco Shipping (CSSC), boasting the world’s largest fleet of commercial vessels comprising 1,417 ships, has initiated the installation of Iridium® Global Maritime Distress and Safety System (GMDSS) terminals.
The recent integration of the Lars Thrane LT-3100S terminal on the vehicles carrier Cosco Tengfei exemplifies the commitment of the Chinese shipping giant to prioritize...
The total container ship capacity deployed on trades affected by the Red Sea crisis has increased by 1.26 million TEUs since October 2023, driven mainly by vessel diversions to the Cape of Good Hope, according to the latest Linerlytica report.
The Far East-Mediterranean recorded the largest jump of 610,000 TEUs, accounting for half of the increased capacity over the period, followed by the Far East-North Europe route at 260,000 TEUs.
“The increased demand for tonnage has fully absorbed all of the...
https://container-news.com/red-sea-crisis-spurs-surge-in-teu-capacity-newbuildings-fully-absorbed/