News / Wan Hai crushes quit rumours by boosting transpacific service

Credit VesselFinder

Wan Hai Lines has killed rumours it was about to quit the transpacific trade by deploying 8,500-13,100 teu ships to an Asia-US east coast service that will be jointly operated with Hapag-Lloyd.

Long-haul ocean trades attracted several newcomers when rates reached historical highs in 2020 to 2022, but the market correction has seen many of those lines forced out.

And there was speculation that Wan Hai, which had attempted to enter the transpacific trade a decade ago, could quit in the face ...