2026-10-09 US West Coast
HCM-UWC 8,217 USD/FEU +0.67% Index 4,004 pts
2026-10-09 US East Coast
HCM-UEC 11,055 USD/FEU +2.44% Index 3,383 pts
2026-10-09 Northern Europe
HCM-NEU 3,354 USD/FEU +0.48% Index 2,308 pts
2026-10-09 Mediterranean
HCM-MED 3,953 USD/FEU +0.65% Index 2,160 pts
2026-10-09 China
HCM-CHN 86 USD/FEU -15.38% Index 1,012 pts
2026-10-09 Korea
HCM-KOR 320 USD/FEU +0.85% Index 1,074 pts
2026-10-09 Japan
HCM-JPN 525 USD/FEU +7.80% Index 1,695 pts
2026-10-09 Southeast Asia
HCM-SEA 345 USD/FEU +11.43% Index 1,763 pts
2026-10-09 Oceania
HCM-ANZ 4,788 USD/FEU -3.08% Index 7,577 pts
2026-10-09 Middle East
HCM-MEA Suspended
2026-10-09 South America
HCM-SAM 5,982 USD/FEU -14.67% Index 3,738 pts
2026-10-09 South Africa
HCM-ZAF 4,267 USD/FEU -4.27% Index 2,425 pts
2026-10-09 East & West Africa
HCM-EWA 5,131 USD/FEU +0.35% Index 1,307 pts
2026-10-09 Global
VCFI Composite Rate 5,105 USD/FEU +0.51% VCFI Composite Index 3,520 pts +0.11%
2026-10-09 US West Coast
HCM-UWC 8,217 USD/FEU +0.67% Index 4,004 pts
2026-10-09 US East Coast
HCM-UEC 11,055 USD/FEU +2.44% Index 3,383 pts
2026-10-09 Northern Europe
HCM-NEU 3,354 USD/FEU +0.48% Index 2,308 pts
2026-10-09 Mediterranean
HCM-MED 3,953 USD/FEU +0.65% Index 2,160 pts
2026-10-09 China
HCM-CHN 86 USD/FEU -15.38% Index 1,012 pts
2026-10-09 Korea
HCM-KOR 320 USD/FEU +0.85% Index 1,074 pts
2026-10-09 Japan
HCM-JPN 525 USD/FEU +7.80% Index 1,695 pts
2026-10-09 Southeast Asia
HCM-SEA 345 USD/FEU +11.43% Index 1,763 pts
2026-10-09 Oceania
HCM-ANZ 4,788 USD/FEU -3.08% Index 7,577 pts
2026-10-09 Middle East
HCM-MEA Suspended
2026-10-09 South America
HCM-SAM 5,982 USD/FEU -14.67% Index 3,738 pts
2026-10-09 South Africa
HCM-ZAF 4,267 USD/FEU -4.27% Index 2,425 pts
2026-10-09 East & West Africa
HCM-EWA 5,131 USD/FEU +0.35% Index 1,307 pts
2026-10-09 Global
VCFI Composite Rate 5,105 USD/FEU +0.51% VCFI Composite Index 3,520 pts +0.11%
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Tuesday, 18/11/2025, 06:00 (GMT +7)

831

GFS, RCL, and TS Lines Launch New Far East – Red Sea Service

Three regional carriers have joined forces to open a direct route connecting China's major export hubs with the Red Sea, featuring slot purchases by Evergreen, aimed at quenching the capacity thirst on this heating trade lane.

TS-Lines-container-vessel

 

Global Feeder Shipping (GFS), Regional Container Lines (RCL), and TS Lines have officially announced a joint collaboration to operate a new service loop connecting the Far East and the Red Sea. This move opens a new direct transport corridor linking major Chinese export centers with critical gateway ports in the Red Sea region.

Notably, Evergreen Line will also participate in this service through a slot charter arrangement under the brand name OGRD.


Service Structure and Rotation


The new service will commence with a fortnightly rotation, deploying vessels with a capacity of 3,000 TEU.
The detailed port rotation includes: Shanghai – Qingdao – Nansha – Shekou – Jeddah – Sokhna – Aqaba – Jeddah – and returning to Shanghai.


Driven by Market Demand


The launch of this service aims to address the rapidly growing demand for cargo transportation into the Red Sea region. Market analysis indicates strong growth in consumer goods, machinery, and construction materials being shipped to Saudi Arabia and Egypt.

Additionally, the service offers transshipment opportunities via the Port of Jeddah, one of the region's fastest-growing logistics hubs.

This development reflects the increasing interest among regional carriers in expanding capacity on the China – Red Sea route, a market where demand has outstripped the supply of existing services over the past year.

 

See more:

 

Source: Phaata.com (According to Container-News)

► Find Better Freight Rates & Logistics Service Providers!

 

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