APL announced on 22nd November refinements to the West Asia Express (WAX) and West Asia Express 3 (WA3) services in its Asia-Gulf network. The improved WA3 service extends the network to Jubail and Bahrain from Lianyungang and Hong Kong with calls at Hamad & Sohar from Ningbo and Bahrain from Tianjin. So, the new WAX service commenced from Tianjin on 6th December with the following rotation: Tianjin-Qingdao-Ningbo-Shekou-Singapore-Sohar-Jebel Ali-Hamad-Bahrain-Damman-Port Klang-Singapore-Yantian-Xiamen-Ningbo-Shanghai and Busan. The improved WA3 service commenced from Busan on 4th December calling at Busan-Lianyungang-Qingdao-Shanghai-Hong Kong-Shekou-Singapore-Jebel Ali-Damman-Jubail-Abu Dhabi-Singapore-Nansha and Busan.
CMA CGM announced on 13th November that it was revamping the dedicated CIMEX 2K2 service connecting Asia with India and Pakistan to include calls at Karachi SAPT and Nhava Sheva BMCT, weekly sailings covering China, Singapore, Malaysia, India, Pakistan plus a new direct connection from Nansha to Karachi. The rotation is Shanghai-Ningbo-Shekou-Nansha-Singapore-Port Klang-Nhava Sheva (BMCT)-Karachi (SAPT)-Singapore-Shanghai. The revised service departed from Shanghai on 14th November in the hands of the 113,828gt/2018 built Kota Pemimpin.
Costamare of Greece has taken full ownership of five 2014 built 14,000 TEU capacity containerships. The move saw Costamare acquire the remaining 60% equity interest in the vessels from York Capital, which contracted the ships in 2014 via a joint venture with the Greek owner. Under the deal, Coastamare has an option to defer 75% of the purchase price for up to 18 months after closing, as well as the option to pay part of the purchase price with shares of the company’s common stock. The boxships are employed on long term charters to Evergreen, expiring in 2026. Costamare has a fleet of 79 containerships, with a total capacity of approximately 549,000 TEU, including five containerships under construction.
Subscribe today to read the full article!
Simply click below to subscribe and not only read the full article instantly, but gain unparalleled access to the specialist magazine for shipping enthusiasts.