Transatlantic

Fewer blanked sailings over Chinese New Year 2021 than ever before

Container carriers are expected to provide more deepsea capacity out of Asia over the Chinese New Year holiday, beginning 12 February, than in any other year.
Announced blank sailings for what is normally shipping’s slack season are far fewer this year than previously, according to data from liner database eeSea’s Blank Sailings Tracker.
It shows that, across the transpacific, Asia-Europe and transatlantic trades, just 1.7% and 0.6% of head haul sailings have …

The post Fewer blanked sailings...

https://theloadstar.com/fewer-blanked-sailings-over-chinese-new-year-2021-than-ever-before/

Maersk and MSC drop Felixstowe from transatlantic service and head for Liverpool

2M partners Maersk and MSC are swapping Felixstowe for Liverpool on their TA2/NEUATL2 transatlantic loop from the end of the year, in order to “provide stability to the service”.
The last sailing from Felixstowe will be by the 8,822 teu MSC Athens in week 51, with the first sailing from Liverpool by the 6,478 teu Maersk Sembawang planned for the following week.
“After careful evaluation of our network covering North Europe to/from …

The post Maersk and MSC drop Felixstowe from transatlantic...

https://theloadstar.com/maersk-and-msc-drop-felixstowe-from-transatlantic-service-and-head-for-liverpool/

More blank sailings as Hapag-Lloyd sets new Asia-N Europe freight rate record

THE Alliance plans to blank a quarter of its Asia-North Europe sailings in the first week of December, coinciding with lead line Hapag-Lloyd’s plans to hike its rates on the route by 70%.
The carrier advised customers yesterday that its FAK rate from Asia to North Europe from 1 December – excluding the UK – would increase by an eye-watering $2,000, to $4,890 per 40ft high-cubed (H/C).
For the UK, Hapag-Lloyd’s FAK …

The post More blank sailings as Hapag-Lloyd sets new Asia-N Europe freight rate...

https://theloadstar.com/more-blank-sailings-as-hapag-lloyd-sets-new-asia-n-europe-freight-rate-record/

Carriers boost capacity on the transatlantic to keep pace with demand

Transatlantic shippers can look forward to an increase in capacity on the trade, as both the 2M and THE alliances introduce larger ships.
According to liner analyst Alphaliner, 2M partners Maersk and MSC are upgrading the TA2/NEUATL2 service by replacing the five 4,800 teu ships with vessels in the 5,500-8,800 teu range.
It noted that the 8,044 teu Maersk Kotka had already been assigned to the service, with the 7,250 teu Maersk …

The post Carriers boost capacity on the transatlantic to keep pace...

https://theloadstar.com/carriers-boost-capacity-on-the-transatlantic-to-keep-pace-with-demand/

Industrial shipper Manitou to use wind-powered transatlantic ro-ro vessels

A new age of sail tacked another step closer this week when French industrial machinery manufacturer Manitou announced it would use a Neoline wind-powered ro-ro vessel.
Manitou has agreed to “transport all aerial work platforms and telehandlers manufactured by Manitou Group in France via a primarily wind-powered cargo ship heading for the North American market”.
Neoline is planning a fortnightly transatlantic service between Nantes, Baltimore, Halifax and and the French North Atlantic …

The post

https://theloadstar.com/industrial-shipper-manitou-to-use-wind-powered-transatlantic-ro-ro-vessels/

More carriers must blank voyages to avoid transatlantic rate collapse

Transatlantic demand continues to be hit by the pandemic, obliging carriers to extend voyage-blanking programmes and putting rates under pressure.
2M partners Maersk and MSC announced today they were extending the suspension of their TA4/NEUATL4 transatlantic loop to the end of September outbound from Europe, and to early October from the US.
Maersk said the service suspension was being extended “due to continued market demand reductions in North America and Europe”.
The loop, …

The post More...

https://theloadstar.com/more-carriers-must-blank-voyages-to-avoid-transatlantic-rate-collapse/

Carriers have weathered the Covid storm, suggests OOCL trading update

OOCL carried fewer boxes but improved its revenue in the second quarter, providing the industry with some hard evidence that ocean carriers successfully managed the demand turbulence of the pandemic.
The Cosco subsidiary saw liftings decline 4.6% in the quarter, compared with the same period of the previous year, to 1,688,055 teu. However, turnover was up 1.1% to $1.58bn.
The operational data released byOOIL is a useful bellwether for the upcoming carrier results …

The post Carriers have...

https://theloadstar.com/carriers-have-weathered-the-covid-storm-suggests-oocl-update/

Transatlantic Route Recovery Longer Than Expected As COVID19 Crunches Demand

According to a LoadStar report by Mike Wackett, 2M partners Maersk and MSC have extended the suspension of their TA4/NEUATL4 transatlantic loop through to September.

The service, which deploys five vessels with an average capacity of 5,300 teu and has a rotation of Antwerp-Rotterdam-Bremerhaven-Liverpool-New York-Savannah-Port Everglades-Savannah, was originally suspended until mid-June and to mid-July.

COVID19 Fosters Demand Reductions

Maersk attributed the new move to“continued market demand...

https://mfame.guru/transatlantic-routes-recovery-long-than-expected-as-covid19-crunches-demand/

More transatlantic blankings are unveiled as a new trade war threatens

2M partners Maersk and MSC have extended the suspension of their TA4/NEUATL4 transatlantic loop through to September.
The service, which deploys five vessels with an average capacity of 5,300 teu and has a rotation of Antwerp-Rotterdam-Bremerhaven-Liverpool-New York-Savannah-Port Everglades-Savannah, was originally suspended until mid-June and to mid-July.
Maersk attributed the new move to “continued market demand reductions in North America and Europe caused by the Covid-19 pandemic”. The...

https://theloadstar.com/more-transatlantic-blankings-are-unveiled-as-a-new-trade-war-threatens/

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