shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » MAERSK, MSC, CMA CGM, Others Reroute to Safe Cost

MAERSK, MSC, CMA CGM, Others Reroute to Safe Cost

by Joshua
February 22, 2009
in Uncategorized

Multinational shipping lines have commenced a reordering of their voyages in deliberate moves to cut sailing costs and avoid expensive routes
It seemed a pretty radical move when first Maersk then MSC and CMA CGM and a number of other lines announced they would re-route eastbound shipping around the Cape of Good Hope to avoid the higher costs of sailing through the troubled Horn of Africa region and then paying the high Suez Canal costs.
The high costs were influenced by Suez Canal fees and heavy insurance premiums on sailing through pirate-infested waters near the Horn of Africa. A surcharge on containers helped redress the additional costs with westbound sailings but eastbound movements are too lightly loaded to make up the additional costs. Hence the decision to go the longer route via the Cape, avoid both canal and insurance fees and steam at slower speeds to conserve fuel.
The economics of this decision reveal this to be more than feasible and ships are already on their diverted courses, with the first having passed the Cape already and one, the 9,800-TEU MSC Lisbon actually putting into Cape Town to uplift empty containers for re-positioning.
Now comes news that French carrier CMA CGM intends diverting ships away from the Panama Canal on its PEX 2 service between the Caribbean and Asia and will instead sail the longer and slower route via the Cape of Good Hope on the homeward leg between Asia and the Caribbean.
Nine 4,000-TEU vessels are currently employed on the PEX 2 service but CMA CGM will add an additional ship because of the slower journey, but says it will still make considerable savings given the approximate $ 350,000 cost of transiting the Panama Canal for a ship of this size.
The revised PEX 2 revised port rotation eastbound from Trinidad is now essentially a circumnavigation voyage calling at Port of Spain, Keelung (optional), Hong Kong, Kaohsiung, Ningbo, Chiwan, Shanghai and Pusan.
The service then crosses the Pacific to call at Ensenada, Manzanillo (Mexico), Panama Canal, Manzanillo (Panama), Kingston, Caucedo, Puerto Cabello, Port of Spain, and then east to Africa. The Port of Manzanillo, Panama, is dropped from the end of the PEX2 rotation before the eastbound leg to Africa.

Related Posts

Auto Draft

Railways Transport 693,224 Passengers On Lagos/Ibadan Standard Gauge

February 2, 2023
SHIPTALK: Basics About A Ship

SHIPTALK: Basics About A Ship

January 27, 2023
NAGAFF Congratulates Newly Promoted Comptrollers, Charges Them On Professionalism

NAGAFF Congratulates Newly Promoted Comptrollers, Charges Them On Professionalism

January 27, 2023
ONE To Acquire Three U.S. West Coast Container Terminals

ONE To Acquire Three U.S. West Coast Container Terminals

December 29, 2022

Discussion about this post

Latest News

Customs Seize $6m Fake US Dollars, Arrest 4 Along Seme Border

Customs Seize $6m Fake US Dollars, Arrest 4 Along Seme Border

February 3, 2023

Customs Officials Targets Of Terrorists And Armed Groups—WCO Sec Gen

Nigerdock Goes Solar, Shifts to Renewable Energy

Sambo Declares Funtua Inland Dry Port As Port Of Origin, Final Destination 

FG Plans Vehicles’ Transit Park, Dry Inland Port For Zamfara — Matawalle

USCG Cutter Makes First Drug Seizure of 2023 in Gulf of Oman

VESSELS EXPECTED AT LAGOS PORTS AS AT 3RD FEBRUARY, 2023

VESSELS EXPECTED AT LAGOS PORTS AS AT 2ND FEBRUARY, 2023

Railways Transport 693,224 Passengers On Lagos/Ibadan Standard Gauge

LASG Again Warns Truck Operators Against Recklessness

NPA Expects 29 Ships With Petroleum Products, Others At Lagos Ports

Uromta  Takes Over As Acting Registrar Freight Forwarding Council

kindly like our Facebook page

Health

Unhealthy Environment Causes 12.6m Deaths Worldwide, WHO Says
Health

Unhealthy Environment Causes 12.6m Deaths Worldwide, WHO Says

December 19, 2022

The World Health Organisation has said that the number of people estimated to have died as a result of living...

Health Benefits And Side Effects Of Bitter Leaf

Health Benefits And Side Effects Of Bitter Leaf

December 12, 2022
More Women May Die During Childbirth In West Africa — Report

More Women May Die During Childbirth In West Africa — Report

December 12, 2022
The Many Wonderful Uses Of Onions

The Many Wonderful Uses Of Onions

December 5, 2022
Nigeria Yet To Achieve 70% COVID-19 Immunisation Coverage, Says NPHCDA

Nigeria Yet To Achieve 70% COVID-19 Immunisation Coverage, Says NPHCDA

December 5, 2022
COVID-19 Cases Increasing, Continue With Preventive Measures — UITH-ARD Warns

COVID-19 Cases Increasing, Continue With Preventive Measures — UITH-ARD Warns

December 5, 2022
Panic As Monkeypox Spreads To 32 States, Cases Now 604

Panic As Monkeypox Spreads To 32 States, Cases Now 604

November 28, 2022
Over 1bn Youths Risk Hearing Loss From Headphones, Loud Music — Study

Over 1bn Youths Risk Hearing Loss From Headphones, Loud Music — Study

November 28, 2022
Consuming Undercooked Meat May Lead To Tuberculosis — Epidemiologist

Consuming Undercooked Meat May Lead To Tuberculosis — Epidemiologist

November 28, 2022
Infertility Red Flags Men, Women Should Not Ignore – Experts

Infertility Red Flags Men, Women Should Not Ignore – Experts

November 28, 2022

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition