What's happening in Intra Asia

 

Intra Asia Trade Specialists

 

CASA China Limited Shenzhen

Call Anytime, Service Anywhere.
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Maxpeed Co., Ltd

Best Global Partner - Deliver your
Happiness and Dreams
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Trans Van Line Ltd.

Total Solution, Value-Added Service, Long-Term Relationship.
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Herocean Line Co., Ltd

Localized global services
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Shandong Land-Sea Int'l
Transportation Co., Ltd

Customers' satisfaction is
LAND-SEA's eternal pursuance!
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ECU-Line Hong Kong Ltd.

It's not just LCL - it's our passion
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Transfit Shipping Limited.

One Stop Logistics Services Provider
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Panda Logistics Co., Ltd.
Qingdao Branch

Ever-lasting operation & profit
sharing
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Eternal Fortune Freight
Forwarding Co Ltd.

We are the professional LCL logistics
supplier in Tianjin.
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Lailon Enterprises Ltd

We adhere to the Principle of
"Customer First" and "Service Best"
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Sinokor Hongkong Co., Ltd

Sinokor is making every effort to
provide the best services to satisfy
customers' needs.
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 Changing lanes: More recent action on the active intra-Asian shipping
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Intra-Far East trade gives smaller ships new lease of life as
demand for new services rise

 


THE intra-Far East trade will continue to power the demand for containerships this year, as carriers develop further regional services within East Asia, writes Alphaliner.

By the end of June, at least 33 new intra-Far East weekly loops will have been launched, based on Alphaliner records. These 33 services absorb some 98 ships, surpassing all other tradelanes in terms of the number of ships taken in.

The majority of the new loops are focussed primarily on intra regional trade, whereas a few services are feeder-oriented. The demand for vessels in the intra-Far East sector is spread across the 500 to 5,000 TEU range, propelling upwards the charter rates for these ships.

Half of the vessels taken are in the 1,000 to 2,000-TEU area, the traditional workhorse of the shortsea trades. Such ships allow access to several popular, but size-restricted ports such as Bangkok, Haiphong and Yangon. A further 27 units of above 2,000 TEU have also been introduced on the North Asia - South East Asia routes.

The largest ships used on new intra-Far East services this year are the 4,500 TEU units deployed by OOCL on the carrier's North China/Busan-SE Asia (NPS) service, initially launched in January with 2,500 TEU ships, but subsequently upgraded in the last two months to the 4,500 TEU scale.

The transpacific trade, especially for the all-water Far East-US east coast route, on the other hand drives demand for larger vessels. Six new Far East-US east coast strings launched since April this year will add some 60 ships on this route alone, including 50 panamax units.

Only one of the six new all-water strings is taking the longer Suez route, which allows the use of overpanamax ships. The FEU US west coast sector has also taken in about 12 new ships in the 5,000 to 6,000 TEU range. This is due to the re-structuring of several existing strings as well as the re-launch of loops suspended during the winter slack season, involving the CKYHE/PIL/Wan Hai and G6 services. This has helped to partly mop up surplus tonnage that was kept artificially busy by the US west coast port congestion last winter.

The transatlantic sector has also been a major driver, taking on some 35 additional units of 1,500 to 5,000 TEU since January. Seven new transatlantic strings have been launched this year, of which four on the North Europe - US east coast route, two on Med - US east coast and one on North Europe - US west coast.

 

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