Maritime Market News
xem keo nha cai hom nayNews Highlights week: 19 - 2024
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Jin Jiang Shipping starts China-Vietnam-Thailand loop
Shanghai Jin Jiang Shipping in late April started a new service between China, Southern Vietnam and Thailand.
Aptly marketed as ‘CVT’, this new loop turns in three weeks serving Shanghai, Ningbo, Chiwan, Ho Chi Minh City, Laem Chabang, Bangkok, Laem Chabang, Chiwan, Shanghai with three 1,900 – 2,000 teu vessels.
xem keo nha cai hom nay recently delivered 1,956 teu MILD JASMINE kicked off xem keo nha cai hom nay ‘CVT’, when she departed from Shanghai on 30 April.
This vessel will be followed by xem keo nha cai hom nay 1,912 teu ZHONG GU HUANG HAI and ZHONG GU NAN HAI later this month.
So far, it is not yet confirmed if Zhonggu Logistics is participating in this service or if xem keo nha cai hom nay two Zhonggu-owned ships are being chartered out.
With xem keo nha cai hom nay ‘CVT’, Jin Jiang Shipping further enhances coverage of xem keo nha cai hom nay three aforementioned countries.
xem keo nha cai hom nay new loop adds to xem keo nha cai hom nay carriers’ ‘IA88’, xem keo nha cai hom nay ‘CTX’, xem keo nha cai hom nay ‘CTX2’, xem keo nha cai hom nay ‘JCV’ and xem keo nha cai hom nay ‘VTX3’.
Jin Jiang offers some of these loops through slots, while it is a vessel provider on others.
Maersk Ocean posts third consecutive quarterly loss
Danish shipping group A.P. Moller-Maersk reported its third consecutive operating loss on shipping activities in xem keo nha cai hom nay first quarter of xem keo nha cai hom nay year, despite xem keo nha cai hom nay boost from Red Sea trade diversions.
Maersk Ocean logged a deficit of –USD 161 M for xem keo nha cai hom nay period, although xem keo nha cai hom nay result was a significant improvement on xem keo nha cai hom nay –USD 920 M EBIT loss posted in Q4 2023.
Maersk attributed xem keo nha cai hom nay better result to strong volumes, high utilisation and continued cost discipline. On xem keo nha cai hom nay back of better shipping market conditions, xem keo nha cai hom nay group raised its group earnings guidance for xem keo nha cai hom nay year.
Rates leapt 23% in Q1 compared to xem keo nha cai hom nay previous quarter, from USD 963 to USD1,184 from per teu. Meanwhile, volumes fell quarter-on-quarter ‘in line with normal seasonality’, said Maersk, but rose year-on-year, from 5.4 Mteu to 5.9 Mteu, an increase of 7.5%.
So far, COSCO Group and ONE are xem keo nha cai hom nay only other carriers to report for Q1. Both companies were profitable in xem keo nha cai hom nay period.
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