keo nha cai cup c1News Highlights week: 26 - 2023

keo nha cai cup c1 modified ‘NS5’ will thereafter add weekly calls at Taipei. These will come at keo nha cai cup c1 expense of Keelung and Hong Kong on keo nha cai cup c1 southbound segment of keo nha cai cup c1 loop.

As from keo nha cai cup c1 departure of keo nha cai cup c1 2,038 teu WAN HAI 295 from Tokyo on 4 July, keo nha cai cup c1 updated ‘NS5’ will continue to turn in four weeks with four 1,600 – 2,000 teu ships.
It will serve Tokyo, Yokohama, Kawasaki, Taipei, Taichung, Ho Chi Minh City (Cat Lai), Port Kelang (Northport), Penang, Ho Chi Minh City (Cat Lai), Hong Kong, Shekou, Tokyo.
ONE, PIL, TS Lines and Namsung launch Korea - China - Straits - Vietnam service
Ocean Network Express (ONE), Pacific International Lines (PIL), TS Lines and Namsung Shipping will early next month launch a South Korea - China - Straits - Southern Vietnam service which will be marketed as ‘KCS2’, ‘KCS’, ‘KMV2’ and ‘NFS’ by keo nha cai cup c1 respective carriers.
keo nha cai cup c1 upcoming ‘KCS2/KCS/KMV2/NFS’ service will turn in four weeks with four 2,000 – 2,900 teu ships.
It will call at Busan, Kwangyang, Shanghai, Chiwan, Singapore, Port Kelang (Westport), Penang, Singapore, Ho Chi Minh City (Cat Lai), Nansha, Busan.

keo nha cai cup c1 four partners are set to deploy keo nha cai cup c1 2,034 teu KOTA JOHAN, keo nha cai cup c1 2,433 teu SITC MINGCHENG, keo nha cai cup c1 soon-to-be delivered 2,900 teu TS VANCOUVER, and keo nha cai cup c1 2,553 teu LOS ANDES BRIDGE.
keo nha cai cup c1 latter is scheduled to begin keo nha cai cup c1 loop’s maiden voyage when it sails from Busan on 6 July.
Besides enhancing overall China - Korea - Straits - Vietnam coverage of keo nha cai cup c1 four partners, keo nha cai cup c1 upcoming loop will also provide a direct connection between South Korea and Penang in Malaysia.
Charter market: rates soften in keo nha cai cup c1 smaller sizes
Activity in keo nha cai cup c1 container charter market has slowed down in keo nha cai cup c1 past days, ending a busy period of fixing, particularly in keo nha cai cup c1 larger sizes.
However, big ships are still in demand and Alphaliner has registered further fixtures of compact newbuildings of 7,000 and 5,900 teu chartered for multi-year employments at continuously healthy rate levels.
More charter deals would likely be concluded if a greater number of vessels was available, especially prompt units, but keo nha cai cup c1 market remains sold out in keo nha cai cup c1 larger sizes. In keo nha cai cup c1 mid-size range, ‘classic panamaxes’ of 4,000-5,299 teu and units of 3,000-3,800 teu are still in demand, but keo nha cai cup c1 shortage of ships is limiting keo nha cai cup c1 activity and supports strong charter rate levels.
Below 3,000 teu, keo nha cai cup c1 market has a different flavor. Supply is on keo nha cai cup c1 rise, particularly (but not only) in keo nha cai cup c1 1,700-1,900 teu segment where a substantial build-up of tonnage and keo nha cai cup c1 return of ‘spot’ vessels is beginning to take its toll on charter rates. Alphaliner is already observing reduced rates and shorter periods for those unemployed vessels sitting idle, and unless demand picks up strongly in keo nha cai cup c1 coming weeks, this trend could also hit vessels with a more forward position, especially in Asia.

Globally keo nha cai cup c1 market outlook remains highly uncertain for nonoperating owners (NOO) due to a continuously grim macro-economic environment. On keo nha cai cup c1 cargo side, keo nha cai cup c1 peak season is bound to be subdued in spite of positive signs on volumes here and there and keo nha cai cup c1 strong performance of some trade routes such as Asia-Med or Asia-South America. On keo nha cai cup c1 supply front, keo nha cai cup c1 continued influx of newbuildings is meanwhile significantly contributing to keeping cargo rates at depressed levels, forcing carriers to operate a number of services at a loss.
More capacity thus needs to be withdrawn from keo nha cai cup c1 market, but this is not really happening, with demolition sales remaining at disappointing levels. Only slow steaming is for now, in part, keo nha cai cup c1 growing overcapacity issues but this has so far been insufficient to prompt a sustainable recovery in cargo freight rates.
As a result, Alphaliner remains cautious about keo nha cai cup c1 sustainability of keo nha cai cup c1 current strong charter market and expects more weakness further down keo nha cai cup c1 road.