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Tag: SITC

SITC announces intra-Asia service network changes

Hong Kong-based container line SITC will cease its Malaysia-India-Myanmar (MIM) service, covering Kuantan, Kolkata (Haldia) and Yangon from China. Instead, the shipping company will commence...

Shipping Stock Breakdown: April Performance Amid Global Trade Tensions

April 2025 unfolded as a month of high tension and shifting dynamics, as container lines faced simultaneous pressures from geopolitical instability and economic policy...

Container Shipping Stocks Weekly Highlights

The performance of the container shipping stocks during the previous week reflected the sector's ongoing struggle with a perfect storm of challenges—from escalating trade...

Container Shipping Sector: Monthly Stock Highlights

The container shipping sector faced a turbulent March as shifting trade dynamics, geopolitical tensions, and fluctuating demand sent stock prices on a rollercoaster ride. While...

Container Shipping Market: Weekly Analysis

The container shipping market exhibited a mix of resilience and volatility this week, with stocks reflecting the impact of global trade flows, fuel costs,...

SITC revamps intra-Far East coverage

Hong Kong-based shipping line SITC has announced the revision of its Japan/China-Philippines network. SITC decided to add the new CPX4 service and change the existing...

Shipping Stocks Overview: Weekly Market Highlights

The container shipping sector experienced a mix of steady performances and price fluctuations over the past week, as investors reacted to global trade dynamics,...

Monthly Stock Performance Highlights

Monthly stock performance in the maritime industry has shown significant fluctuations over the past month, reflecting the shifting dynamics of global trade, freight demand,...

Shipping Stock Market: Weekly Update

The container shipping sector continues to navigate a dynamic landscape shaped by shifting freight rates, global economic conditions, and supply chain developments. Investor sentiment...

Weekly Update: Container Shipping Stock Highlights

The container shipping market saw a dynamic week, marked by notable fluctuations in stock performance among key players. Factors such as tariffs, political tensions,...
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Hapag-Lloyd applies GRI on Pakistan–Middle East trade lanes

Hapag-Lloyd has announced a General Rate Increase (GRI) from Pakistan to the Arabian Gulf, Saudi Arabia (Eastern and Western Provinces), Jordan and Yemen, and...

Wan Hai Lines debuts new Vietnam–Thailand–India direct route

Wan Hai Lines has announced a new direct service, the Tamil Nadu–Thailand Express (TTX) service, with the first vessel arriving at India's Chennai and...

Red Sea Eases, but Carriers Wary as Suez Canal Pushes for Return

As the haze begins to lift over the troubled waters of the Red Sea, the Suez Canal Authority (SCA) is carefully balancing reassurance with...

MSC and ZIM downsize joint Far East-US East Coast service network

In response to the recent changes in demand for cargo transport from Asia to the United States, MSC and ZIM have decided to adjust...
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