Singapore’s Summit Shipping Joins the Red Sea Rush

Newcomer joins established players in offering services despite security concerns.

Singapore-based NVOCC (Non-Vessel Operating Common Carrier) Summit Shipping has launched its own liner operation in the Red Sea. Their “JEA-ADE-JIB” service connects Aden, Djibouti, and Jebel Ali using the chartered 713 TEU vessel “Ji Zhe 2”. Summit reportedly took over the vessel from Peak Shipping, which terminated its China-Yemen service earlier this year.

Red Sea Market Heats Up:

China United Lines (CULines) has also re-entered the Red Sea with its “Red Sea Express” service, offering a six-week rotation across Asia and the Red Sea. This follows the trend of niche operators filling the gap left by mainstream lines that rerouted around Africa due to security concerns from Houthi rebels. Other recent entrants include Sea Legend Shipping, which claims Chinese naval escorts for its Red Sea transits. The Red Sea is experiencing a surge in liner activity despite security risks.

India Growth Drives Service Expansion:

  • Asyad Line of Oman is extending its Far East Express One service to include ports in India.
  • Evergreen from Taiwan will also enter the Red Sea-Gulf-India market by purchasing slots on a joint service operated by Unifeeder, Wan Hai, and X-Press Feeders.

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