? (+86)-0755-89205789 Ø ? sales@stusupplychain.com NVOCC:MOC-NV09192 | FMC:030310
- Article title
- Article summary
- Article content
- Multi Field Search
NEWS & BLOG
Views: 0 Author: Site Editor Publish Time: 2025-06-06 Origin: Site
Duration: May 15 ¨C August 12, 2025.
Target: Container ships ¡Ý130,000 net tons (empty or laden).
Goal: Revive traffic after Q4 2024 revenue plunged 63% YoY to $880M.
| Carrier | Strategy | Active Routes |
|---|---|---|
| CMA CGM | - French naval escorts - Lebanese heritage (founder Jacques Saad¨¦) | BEX2, MED5 (Asia-Mediterranean) |
| Wan Hai | - Singapore-flagged ships - No Israel calls - Biweekly Jeddah/Aqaba | Ad-hoc Red Sea sailings |
| COSCO | - Chinese crew/flag - Proactive Houthi communications | Red Sea-East Mediterranean |
| CU Lines | - Chinese vessels only - Explicit "no-Israel" declarations | Red Sea niche routes |
CMA CGM¡¯s edge: Immunity linked to Lebanon port concessions (Beirut Terminal).
Wan Hai¡¯s record: Zero incidents since 2023 via neutral flagging and routing.
2023¨C2024: Earnings crashed from $9.4B to $3.5B, forcing Egypt to seek IMF aid.
Alternate routes: 33% of global container fleet still diverting via Cape of Good Hope.
CMA CGM¡¯s MED5/BEX2: 12 vessels operating normally; alliance partners share slots.
Wan Hai¡¯s model: "On-demand" Red Sea calls every 2 weeks (Jeddah/Aqaba focus).
COSCO/CU Lines: Stress 100% Chinese crews and AIS transparency to avoid targeting.
Quote: "Our Singapore-flagged ships with no Israel ties face zero threats."
¡ª Wan Hai CEO Hsieh Fu-Lung
Short-term: Discounts may lure back ULCVs (24,000+ TEU ships).
Long-term: If Houthi attacks escalate, even "immune" carriers could divert.
Recommendation: Shippers using these carriers should confirm war risk surcharges (currently $500¨C1,500/TEU).
For real-time Red Sea transit updates, track EE Sea¡¯s liner database.
Data Sources: SCA, eeSea, carrier disclosures.
Note: Egyptian authorities may extend discounts if revenue fails to recover.
