Samudera Shipping

Samudera launches India-Singapore shuttle for growing transhipment volumes

With a strong rebound in trade volumes, container lines are expanding services to and from India.
The latest move comes from Singapore-based Samudera Shipping Line (SSL), which launched a shuttle service between Nhava Sheva (JNPT) and Singapore to target transhipment flows on the route.
The regional loop – dubbed Nhava Sheva Singapore Express (NSX) and which deploys two vessels of 1,900 teu each on a weekly schedule – had its first call …

The post Samudera launches India-Singapore shuttle for...

https://theloadstar.com/samudera-launches-india-singapore-shuttle-for-growing-transhipment-volumes/

As major lines move in on intra-Asia trades, regional carriers feel the pressure

Increased competition and vessel cascading on intra-Asia trades has led to rock-bottom freight rates and plunging profits for regional carriers.
Charlie Chu, executive vice president of Thai-based intra-Asia specialist Regional Container Line (RCL), said freight rates were declining every year.
“Ship upsizing in intra-Asia trade is quite popular, same as other trades globally,” he told The Loadstar.
“The consolidation between large carriers through M&A and alliances means they can easily launch...

https://theloadstar.com/as-major-lines-move-in-on-intra-asia-trades-regional-carriers-feel-the-pressure/