Friday, April 5, 2013

Major Container Lines Adjust Freight Shipping Schedules (and Box Rates)

Changes to Korean and Turkish Routes Whilst Tariffs Rise
Shipping News Feature

SOUTH KOREA – TURKEY – ASIA – EUROPE – Several changes to shipping schedules have been announced recently with the news that two leading container carriers are rescheduling their container services to reflect demand. Pressure from Swedish customers is likely to have influenced an extra port call on the Maersk AE10 loop meaning Busan is now linked directly with APM Terminals in Gothenburg, which took over port handling operations there early last year, offering a transit time of around 40 days and a weekly sailing schedule.

The news was welcomed in Scandinavia which has a growing trade shipping auto parts and forestry products to Korea whilst tyres, steel and electronics ship in the other direction. Maersk intend to introduce the new Triple E vessels to the route as soon as practical and will presumably need all the cargo they can carry on the world’s largest ever box ships. The port rotation will be:

Busan; Kwanyang (Korea),Ningbo; Shanghai; Yantian (China), Tanjung Pelepas (Malaysia), Suez Canal (Egypt), Rotterdam (Netherlands), Bremerhaven (Germany), Gdansk (Poland), Aarhus (Denmark), Gothenburg (Sweden), Bremerhaven; Rotterdam; Port Tangier (Morocco), Suez; Singapore; Yantian; Hong Kong.

Simultaneously Maersk announced rate increases from the Far East (excluding Japan) to Europe (excluding Syria) of $500 per 20 foot container and $1,000 on 40 foot and 45 foot boxes (including hi cubes). The Syrian rate on the same routes will be slightly less at $385 and $770 respectively.

This week another container line, Taiwan based Evergreen, has adjusted its Greek – Turkish (GTS) service by including the Turkish port of Gebze and introducing a new service including Cyprus called GCY. The existing Greece-Turkey-Malta (GTM) service will be adapted to become the Greece - Cyprus service (GCY), with the following port rotation:

Piraeus;Thessaloniki;Limassol; Piraeus.

The first GCY voyage of the 601TEU mv Kirsten is expected to depart Piraeus on April 08 2013. A company spokesperson said:

“With this new feeder service from Piraeus to Thessaloniki and Cyprus and Evergreen Line will satisfy market demands for improved transit times from Limassol to North Europe especially for reefer cargo”.