Affected by inflation, the Russian-Ukrainian crisis, etc., market demand is weak, freight rates have fallen sharply, and the profits of major liner companies have fallen sharply. Especially in the recent downturn in cargo volume and the continuous decline in freight rates, the shipping companies are a little bit immobile., One after another to adjust the route, and even directly announced "route suspension until further notice"!
Recently, including MSC, Maersk, Sealead, with the star, a number of shipping companies have launched a suspension, jump port plan, which the United States and West to become the suspension of the port of the hardest hit!
Maersk: Suspend TP20 route
Last Monday, Maersk announced that due to the global demand reduction, Maersk decided to adjust the route, so it will suspend the trans Pacific TP20 route service, when to resume and so on further notice.
Maersk said it will provide sufficient alternative routes and coverage for affected ship locations to ensure that disruption to its supply chain is minimized.
The following TP20 phase-out period may last several weeks of alternative routes and solutions:
It is understood that Maersk in the announcement will "temporarily suspend" its independent operation of the TP20 trans-Pacific route service, had announced last year that its TP28 route was incorporated into the TP20 route, and the United States and West TP2 and TP3 routes merged.
The TP20 route is a weekly service launched by Maersk in June 2021 during peak demand to target the lucrative premium market. At the time of launch, the ring line was connected to the ports of Tau Tau in Vietnam, Ningbo and Shanghai in China, and the ports of Norfolk and Baltimore on the east coast of the United States. It passed through the Panama Canal and mainly deployed 4500 TEU Panamax vessels.
2M Alliance: TP10 and TP16 routes cancel partial port calls
Yesterday (February 20), including MSC and Maersk, the world's largest shipping alliance -2M Alliance announced the two trans Pacific routes (TP10 and TP16) to adjust.
TP10 route will increase Norfolk port (Norfolk) affiliation, and from the original TP10 route to cancel the affiliation of Jacksonville port (Jacksonville) and Wilmington port (Wilmington), this adjustment will start in May.
Adjusted TP10 route to port: Qingdao-Ningbo-Shanghai-Busan-Panama Canal-Kingston-Charleston-Savannah-Norfolk-Kingston-Panama Canal-Busan-Qingdao
Also from May onwards, the TP16 route will undergo a new rotation: the cancellation of Norfolk Port (Norfolk ), and the cancellation of Jacksonville Port (Jacksonville) and Wilmington Port (Wilmington) from the TP10 route will be added to the new TP16 route.
Adjusted TP16 route to port: Xiamen-Yantian-Shanghai-Busan-Panama Canal-Cristobal-Savannah-Jacksonville-Wilmington-New York-Suez Canal-Singapore-Xiamen
ZIM: Suspension of ZEX route service
According to a shipping latest learned: yesterday (20th), to star shipping ZIM issued a notice saying: its ZIM eCommerce Express(ZEX) service will be suspended from the 8th week until further notice.
The notice said that the last China Eastern Airlines was Alexander Bay 33E (ONR 33E) and the ETD from Yantian was February 23.
Westbound last ship is Alexander Bay 33W(QNR 33W), from Los Angeles and Vancouver are expected to depart on March 10 and March 15.
The following is the ZIM official notice:
Sealead: supply sharply reduced, suspension of the United States-West route!
Also earlier this month, the world's 22nd largest liner shipping company Sea Lead Shipping also announced that due to the sharp drop in cargo demand, it has suspended its Far East to US-West service.
SeaLead 'pauses' US west coast service as cargo demand collapses
From August 2021 to open the US-West direct route code for ALX (Nansha-Ningbo-Long Beach), this previously unknown new player in the US-West stuck to it for more than 500 days, and now he can't play any more!
It is understood that Singapore-and Dubai-based Sea Lead initially focused on the Asia-Persian Gulf route, but like several other regional shipping companies, it entered the trans-Pacific route in August 2021, when epidemic-related logistics bottlenecks pushed long-haul freight rates to historic highs.
A Sea Lead spokesman said: "Like other shipping companies, Sea Lead closely follows market changes and their impact on our business and customers. With this in mind, we have recently made adjustments to our service network, which we believe will provide more choice and closely reflect changing customer needs." According to the spokesman, the US-West service has been "suspended".
The suspension of the US-West route started last year.
According to one shipping, as early as last September, some of the first (wan) know (bu) first (xia) feel (qu) shipping companies have begun to retreat!
Meisen announced the end of its China-California Express (CCX) in light of the significant decline in trans-Pacific freight demand. For this route, Meisen didn't even bother to say "the recovery time will be notified separately"! It can be seen that the intention has been decided.
In September last year, 2M alliance has suspended the US-West route in the Sequoia/TP3 service, the reason is also because to the US-West shipping demand fell!
In addition, France's Dafei last year also announced the closure of its US-West direct flight "Golden Gate Bridge" (GGB) route.
GGB route linked to the domestic Shanghai, Shenzhen Shekou, Kaohsiung three major ports, the United States and West linked to Auckland and Seattle; GGB route canceled, CMA another U. S.-West direct-EXX route-will increase the Port of Oakland linked.
Source: one shipping