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More schedule disruptions seen coming for Indian shippers

Schedule reliability is becoming a greater concern for Indian shippers as they scramble to find more vessel space necessary to hit fiscal year-end shipment target goals.

Hapag-Lloyd’s East Africa-India Service (EA2) is skipping Jawaharlal Nehru Port Trust (Nhava Sheva) and Mundra on its current voyage, the two port calls in India. Nhava Sheva and Mundra together handle the chunk of Indian containerised trade.

“MV Emirates Asante V02205N/V02210S will omit Nhava Sheva and Mundra, India, and imports will be discharged in Jebel Ali, UAE, for further connection to their final port of delivery,” the German carrier said in a customer advisory.

Hapag-Lloyd is expected to announce similar changes for further EA2 sailings.

The Indamex 2 (IN2) Service between India and US East Coast – a consortium arrangement between Hapag-Lloyd and CMA CGM – is due to omitting New York on its seven sailings scheduled between March and April, in addition to downsizing calls to Port Qasim (Pakistan) to biweekly from weekly on six westbound voyages.

As a result, IN2 now has the following port rotation: Port Qasim (biweekly), Mundra, Nhava Sheva, Norfolk, Savannah and Port Qasim.

The rotation changes run from sailing APL California, which was to depart from Port Qasim on 6 March.

Hapag-Lloyd said the rotation modifications would help to overcome the continuing congestion on the US East Coast.

On the India-Europe trade lane, EPIC Service will skip Hazira Port, one of its three port calls in India, between March and April. Hazira is critical to North India hinterland cargo connectivity.

The change begins with the vessel Sofia Express (voyage 2309W) and runs until the vessel Tsingtao Express (voyage 2316W) – with departures scheduled from JNPT on 5 March and 23 April, respectively, according to a customer advisory issued by Hapag-Lloyd.

Given the port call cancellations, the carrier noted that shippers have options via Mundra (India) for westbound shipments and via Jebel Ali (UAE) for eastbound cargo.

“These changes will be in place during Q1 2022 to help improve the service’s schedule reliability,” noted the company.

An array of other service rearrangements are also on the cards for Indian exporters and importers. For example, China-India Service

The CIX service will have no eastbound sailings from Colombo (Sri Lanka) on 15 April and 20 May. Colombo handles the majority of Indian transshipment cargo, especially to/from the southern region.

Additionally, the South East India–Europe Express (IEX) Service, linking to North Europe and the Mediterranean, has already announced weeks of voyage cancellations for India’s Visakhapatnam Port, from February through May.

Source: Container News

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THE Alliance unveils updated service network for 2022

THE Alliance, comprising Hapag-Lloyd, Ocean Network Express (ONE), Yang Ming and HMM, has announced an updated service setup, which will be effective from spring 2022.

Among several modifications, a key change will be de-linking the FP2 pendulum loop into two separate services, namely FE5: South East Asia to Europe and PS7: South East Asia and South China to Transpacific West Coast.

Another important update is the introduction of a modern series of fuel-efficient 11,000 TEU vessels, which will replace older and smaller container ships on the most frequented services.

“This reflects THE Alliance’s continued commitment to lower carbon footprints,” said the alliance partners in a joint statement.

The service network of THE Alliance for 2022 will have the following rotations:

Asia and North Europe

  • FP1 remains as pendulum of Asia – Europe and Asia – Transpacific West Coast trades

Rotation: TPWC – Tokyo – Shimizu – Kobe – Nagoya – Tokyo – Singapore – (Suez) – Rotterdam – Hamburg – Le Havre – (Suez) – Singapore – Kobe – Nagoya – Tokyo – TPWC

  • FE2

Rotation: Shanghai – Ningbo – South PRC – South PRC – Singapore – (Suez) – Tangier – Southampton – Le Havre – Hamburg – Rotterdam – (Suez) – Singapore – Shanghai

  • FE3

Rotation: South PRC – Xiamen – Kaohsiung – South PRC – (Suez) – Rotterdam – Hamburg – Antwerp – Southampton – (Suez) – Singapore – South PRC – South PRC

  • FE4

Rotation: Qingdao – Pusan – Ningbo – Shanghai – South PRC – (Suez) – Algeciras – Rotterdam – Hamburg – Antwerp – (Algeciras) – Tangier – (Suez) – Singapore – Qingdao

  • FE5 (New)

Rotation: Laem Chabang – Cai Mep – Singapore – Colombo – (Suez) – Rotterdam – Hamburg – Antwerp – London Gateway – (Suez) – Jeddah – Singapore – Laem Chabang

Asia and the Mediterranean

  • MD1

Rotation: Qingdao – Pusan – Shanghai – Ningbo – South PRC – Singapore – Jeddah – (Suez) – Damietta – Barcelona – Valencia – Genoa – Damietta – (Suez) – Jeddah – Singapore – South PRC – Qingdao

  • MD2

Rotation: Pusan – Shanghai– Ningbo – Kaohsiung – South PRC – Singapore – (Suez) – Piraeus – Genoa – La Spezia – Fos – Barcelona – Piraeus – (Suez) – Singapore – South PRC – Pusan

  • MD3

Rotation: Pusan – Ningbo – Shanghai – South PRC – Singapore – Jeddah – (Suez) – Ashdod – Istanbul – Izmit – Aliaga – Mersin – (Suez) – Jeddah – Singapore – Kaohsiung – Pusan

Transpacific – West Coast

  • FP1 remains as Pendulum of Asia – Europe and Asia – Transpacific West Coast trades

Rotation: Europe – Singapore – Kobe – Nagoya – Tokyo – Los Angeles/Long Beach – Oakland – Tokyo – Shimizu – Kobe – Nagoya – Tokyo – Singapore – Europe

  • PS3 remains as Pendulum of Asia – Indian subcontinent and Asia – Transpacific West Coast trades

Rotation: Nhava Sheva – Pipavav – Colombo – Port Kelang – Singapore – Cai Mep – Haiphong – South PRC – Los Angeles/Long Beach – Oakland – Pusan – Shanghai – Ningbo – South PRC – Singapore – Port Kelang – Nhava Sheva

  • PS4

Rotation: Xiamen – South PRC – Kaohsiung – Keelung – Los Angeles/Long Beach – Oakland – Keelung – Kaohsiung – Xiamen

  • PS5

Rotation: Ningbo – Shanghai – Los Angeles/Long Beach – Oakland – Tokyo – Ningbo

  • PS6

Rotation: Qingdao – Ningbo – Pusan – Los Angeles/Long Beach – Oakland – Kobe – Qingdao

  • PS7 (New)

Rotation: Singapore – Laem Chabang – Cai Mep – South PRC  – South PRC – Los Angeles/Long Beach – Oakland – South PRC – Singapore

  • PS8

Rotation: Shanghai – Kwangyang – Pusan – Los Angeles/Long Beach – Oakland – Pusan – Kwangyang – Incheon – Shanghai

  • PN1

Rotation: Xiamen – Kaohsiung – Ningbo – Nagoya – Tokyo – Tacoma – Vancouver – Tokyo – Kobe – Nagoya – Xiamen

  • PN2

Rotation: Singapore – Laem Chabang – Cai Mep – Haiphong – South PRC – Tacoma – Vancouver – Tokyo – Kobe – Singapore

  • PN3

Rotation: South PRC – South PRC – Shanghai – Pusan – Vancouver – Seattle/Tacoma – Pusan – Kaohsiung – South PRC

  • PN4

Rotation: Qingdao – Ningbo – Shanghai – Pusan – Prince Rupert – Tacoma – Vancouver – Pusan – Kwangyang – Qingdao

Transpacific – East Coast (via Panama and Suez Canals)

  • EC1

Rotation: Kaohsiung – South PRC – South PRC – Shanghai – Pusan – (Panama) – Manzanillo – Savannah – Charleston – Norfolk – Manzanillo – (Panama) – Rodman – Kaohsiung

  • EC2

Rotation: Qingdao – Ningbo – Shanghai – Pusan – (Panama) – Cartagena – New York – Norfolk – Wilmington – Savannah – Charleston – Cartagena – (Panama) – Pusan – Qingdao

  • EC4

Rotation: Kaohsiung –South PRC – Cai Mep – Singapore – (Suez) – New York – Norfolk – Savannah – Charleston – New York – (Suez) – Singapore – Kaohsiung

  • EC5

Rotation: Laem Chabang – Cai Mep – Singapore – Colombo – (Suez) – Halifax – New York – Savannah – Jacksonville – Norfolk – Halifax – (Suez) – Jebel Ali – Singapore – Laem Chabang

  • EC6

Rotation: Kaohsiung – South PRC – South PRC – Ningbo – Shanghai – Pusan – (Panama) – Houston – Mobile – (Panama) – Kaohsiung

Asia and the Middle East / Red Sea

  • AG2

Rotation: Shanghai – Ningbo – Xiamen – South PRC – Port Kelang – Jebel Ali – Hamad – Umm Qasr – Hamad– Jebel Ali – Singapore – Shanghai

  • AG3

Rotation: Pusan – Qingdao – Shanghai – Ningbo – Kaohsiung – South PRC – Singapore – Jebel Ali – Dammam – Hamad – Jubail – Abu Dhabi – Sohar – Port Kelang – Singapore – South PRC – Pusan

  • AR1

Rotation: Pusan – Shanghai – Ningbo – South PRC – Singapore – Port Kelang – Jeddah – Aqaba – Sokhna – Jeddah – Singapore – Pusan

Trans-Atlantic

  • AL2

Rotation: Southampton – Le Havre – Rotterdam – Hamburg – New York – Norfolk – Philadelphia – New York – Southampton

  • AL3

Rotation: Antwerp – Hamburg – London Gateway – Charleston – Savannah – Norfolk – Antwerp

  • AL4

Rotation: Le Havre – London Gateway – Antwerp – Hamburg – Veracruz – Altamira – Houston – Le Havre

  • AL5

Rotation: Southampton – Le Havre – Rotterdam – Hamburg – Antwerp – Halifax – Port Everglades – Cartagena – (Panama) – Rodman – Los Angeles/Long Beach – Oakland – Seattle/Tacoma – Vancouver – Oakland – Los Angeles/Long Beach – Rodman – (Panama) – Cartagena – Caucedo – Halifax – Southampton

Source: Container News

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THE Alliance to drop Savannah port calls

The Alliance, which comprises Hapag-Lloyd, Yang Ming, Ocean Network Express (ONE) and HMM, has announced it will temporarily remove calls at the Port of Savannah from its East Coast 2 Loop (EC2) service rotation.

“The Port of Savannah continues to face congestions,” pointed out Hapag-Lloyd, which noted that they have taken measures to clear backlogs in some of the ports that are facing severe container logjams.

The change on the EC2 service will start on the 50th week of the year and will be effective for four weeks, until the first week of 2022.

The vessels which will omit the US East Coast port will be the following:

  • ONE Hawk on week 50, 2021
  • Hyundai Honour on week 51, 2021
  • Rome Express on week 52, 2021
  • Antwerpen Express on week 1, 2022

The updated EC2 port rotation will be Qingdao – Ningbo – Shanghai – Pusan – (Panama) – Cartagena – New York – Norfolk – Wilmington – Charleston – Cartagena – (Panama) – Pusan – Qingdao.

Meanwhile, Hapag-Lloyd noted that its services East Coast Loop 1 (EC1), East Coast Loop 4 (EC4) and East Coast Loop 5 (EC5) will continue to call regularly at the Port of Savannah.

With this decision, The Alliance aims to aid its services’ schedule integrity, according to a statement by the German container carrier.

Source: Container News

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Hapag Lloyd increases rates to Latin America

The German container shipping company Hapag Lloyd has announced the implementation of several ocean tariff rate increases for sailings destined to ports of Latin America. The updated prices will be applicable from 1 October to all 20′ and 40′ standard, reefer and high cube containers.

From Fos Sur Mer of South France to the Caribbean, Central America and the East and West Coast of South America, except for Mexico.

FRFOS = Fos sur Mer, France / SAEC = East Coast of South America

SAWC = West Coast of South America

From North Europe to the Caribbean, the West Coast of South America (SAWC), the East Coast of South America (SAEC) and Central America, excluding Mexico.

From Spain and Portugal, to the Caribbean, the West Coast of South America (SAWC), the East Coast of South America (SAEC) and Central America, excluding Mexico.

From Italy to Latin America.

From Egypt to Latin America except for Mexico.

From Greece to Latin America except for Mexico.

From Turkey to Latin America except for Mexico.

From Med Agents to Latin America, except for Mexico.

Source: Container News

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CMA CGM and Hapag Lloyd to raise prices in North Europe and Medditeranean

Senior European container lines CMA CGM and Hapag Lloyd will apply several rate increases in North Europe and Mediterranean shipments, effective from mid-September and October.

Firstly, the French carrier CMA CGM will set a Freight All Kinds (FAK) rates increase from North Europe, Scandinavia, Poland, Atlantic Spain and Portugal to the US ports of New York, Norfolk, Savannah, Charleston, Houston, Miami, New Orleans, Los Angeles and Oakland.

The new prices that will be implemented to all dry, reefer, tank and special equipment cargoes will start on 1 October, as follows:

On the same date, CMA CGM will also introduce the following increased FAK rates for all types of cargo, including special equipment, in gauge and out of gauge containers, for sailings from North Europe, Mediterranean, Black Sea and Baltic to the ports in Australia and New Zealand.

Another FAK rate increase will be imposed by the Marseille-based shipping group on 1 October, from North Europe, Scandinavia, Poland, Spain Atlantic and Portugal to the Canadian ports of Montreal and Halifax.

The new prices will be formed as follows:

Furthermore, CMA CGM will push up its FAK rates for shipments from the same places of origin destined to the ports of Mexico East Coast, Altamira and Veracruz.

The following updated prices will also take effect on 1 October.

On the same date, shipments from Northern Europe and West Mediterranean with destination to New Caledonia in the Pacific Ocean will also have increased rates per dry, out of gauge and breakbulk cargo.

Starting on 1 October as well, the following FAK rate increases will be set by CMA CGM in dry, reefer, out of gauge and breakbulk cargo, from North Europe and Scandinavia (excluding France to Leewards) to Eastern Caribbean and Northern South America.

In addition, the French liner operator will introduce an Overweight Surcharge (OWS) of US$750 per all types of standard container that exceed 18 tons gross weight from North Europe and the Mediterranean to North West and South East India. The surcharge will begin on 15 September.

Last but not least, the German carrier Hapag Lloyd will also push up rates for sailings to North Europe, which will be effective from mid-September.

Particularly, the Hamburg-based shipping company will apply the following ocean tariff rate increase per standard container of all sizes, including high cubes, travelling from the Middle East and Pakistan to the ports of London Gateway and Rotterdam.

Source: Container News

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CMA CGM and Hapag Lloyd implement new Latin America charges

The two major European shipping lines CMA CGM and Hapag Lloyd have published fresh rates for sailings destined to Latin America which will be effective from September.

Firstly, the French carrier CMA CGM will apply a Peak Season Surcharge (PSS) of US$300 per dry container, from the Port of San Antonio in Chile to the East Coast of Central America, the Caribbean, East and West Coast of South America, French Guyana, French West Indies, Leeward, Mexico East Coast and Windward.

This surcharge will take effect on 1 September for all ports except for Ecuador, Colombia, Panama, Brazil, Argentina, Paraguay, Uruguay, Puerto Rico and the Virgin Islands, where the charge will start on 17 September.

Furthermore, the Marseille-based liner operator will set the same surcharge from Callao of Peru to the East Coast of Central and South America, Caribbean, French Guyana, French West Indies, Leeward, Mexico East Coast and Windward, that will start on 1 September, excluding Colombia, Panama, Brazil, Argentina, Paraguay, Uruguay, Puerto Rico and the Virgin Islands, where the PSS will begin on 17 September.

From the same place of origin, there will be another PSS of US$450 per TEU and US$600 per FEU to the West Coast of South America, that will take effect on 1 September, except for Colombia and Ecuador, where the surcharge will start on 17 September.

Destined to the same ports and with the same date of application, CMA CGM will introduce a surcharge of US$300 per dry unit from all the ports in Peru, except for Callao, from where Hapag Lloyd will apply a new increase.

In particular, the German shipping company will implement a General Rate Increase (GRI) from Callao to the main Latin American destinations in its Asia Mexico Express 1 (AME1) (TPM) service. The surcharge will be US$300 per dry container and will be effective from 11 September.

Source: Container News

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Hapag-Lloyd sets new GRIs from Asia to the US

The German liner operator Hapag-Lloyd has announced the implementation of new General Rate Increases (GRI) from Asia to the United States, which will be effective from the middle of August.

Hapag-Lloyd has already applied a GRI of US$1,200 per TEU for all types of containers, which are sailing from the Middle East and the Indian Subcontinent to the East Coast of South America from 15 August.

Additionally, the Hamburg-based carrier has also implemented from 16 August a GRI of US$400 per container, applicable to all types of cargoes.

The surcharge concerns sailings from East Asia, and particularly China, Hong Kong, Japan, Macau, Mongolia, South Korea, Taiwan, East Russia, Indonesia, Cambodia, Laos, Myanmar, Thailand, Vietnam, Malaysia, Philippines, Singapore and Brunei, to Brazil, Argentina, Paraguay and Uruguay in the East Coast of South America.

Source: Container News

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Hapag-Lloyd suspends India – Bangladesh bookings

The German carrier, Hapag-Lloyd has announced it will temporarily stop accepting bookings from/to Krishnapatnam in India to/from Chittagong in Bangladesh with immediate effect and until further notice.

The Hamburg-based container line said that it has implemented this booking restriction “due to operational constraints”.

Hapag-Lloyd added that containers on ground / on route to the Port of Krishnapatnam might be re-routed via an alternative transshipment hub and a change in arrival at the destination is to be expected.

The company noted it is monitoring the situation and will provide an update once the situation improves.

Source: Container News

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Hapag-Lloyd’s H1 profit increases almost tenfold

Hapag-Lloyd has achieved outstanding performance in financial terms during the first half of 2021, as it has benefitted from strong container demand and skyrocketing freight rates, according to the company’s CEO, Rolf Habben Jansen.

The German carrier has announced impressive increases in all key financial figures in the first six months of 2021, with its revenues climbing to US$10.6 billion (+37.6%), earnings before interest, taxes, depreciation, and amortization (EBITDA) tripling to US$4.2 billion, EBIT rising to US$3.5 billion, which is approximately 5.5 times higher than EBIT of 2020 H1 and the group profit growing to US$3.3 billion, which is more than 9.5 times increased compared with the company’s profit during the first half of 2020.

“Among other things, we were able to reduce our net debt by US$1.5 billion, although we paid out a significantly higher dividend compared to the prior year,” noted Rolf Habben Jansen.

The freight rate development is the main driver of the improved performances of the majority of the container shipping lines.

Hapag-Lloyd announced a 46% increase in the average freight rate of US$1,612/TEU during 2021 first half, compared with the same period last year.

“The freight rate development was the result of high demand combined with scarce transport capacities and severe infrastructural bottlenecks,” said the Hamburg-based liner operator.

The bottlenecks in the supply chains continue to cause enormous strains and inefficiencies for all market participants, according to Hapag-Lloyd’s CEO, who pointed out, “we do not believe that the situation will return to normal any time soon – despite all the efforts made and the additional container box capacity that is being injected. We currently expect the market situation only to ease in the first quarter of 2022 at the earliest.”

Meanwhile, Hapag-Lloyd’s transport volumes grew to 6 million TEU during the first half, which represents a 4% increase compared to the figure for the previous year. Container volumes were impacted by a slump in demand in the second quarter due to the Covid-19 pandemic, according to the company’s statement.

In addition, a roughly 6% lower average bunker consumption price, which amounted US$421 per tonne in the first half year of 2021 had a positive impact on earnings.

While demand remains high in the current congested market environment, it is leading to a shortage of available weekly transportation capacity, according to Hapag-Lloyd, which expects earnings to remain strong in the second half of the financial year.

EBITDA for the full year is expected to be in the range of US$9.2 to 11.2 billion and EBIT to be in the range of US$7.5 to 9.5 billion.

Source: Container News

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Hapag-Lloyd pushes up prices in Latin America

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Hapag-Lloyd pushes up prices in Latin America

Hapag-Lloyd has announced new rates from East Asia and Canada to destinations in Latin America.

Hapag-Lloyd pushes up prices in Latin AmericaThe German line has already implemented since 9 August a general rate increase (GRI) of US$500 per container from China, Hong Kong, Japan, Macau, Mongolia, South Korea, Taiwan, East Russia, Indonesia, Cambodia, Laos, Myanmar, Thailand, Vietnam, Malaysia, Philippines, Singapore and Brunei to the ports in Brazil, Argentina, Paraguay and Uruguay.

The GRI is applicable to all cargoes and all container types, according to the company’s announcement.

Furthermore, the Hamburg-based carrier will introduce a new GRI with effect as of 1 September (date of cargo receipt at origin) for all cargo between the Port of Vancouver in Canada to Latin America.

Hapag-Lloyd noted the GRI will be US$350 per 20′ container and US$450 per 40′ container.

Source: Container News

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