News / Regional carriers dip toes in long-haul trades again as rates soar

Photo: VesselFinder

More regional and intra-Asia carriers are returning to long-haul trades as rates rise to Covid-19 peaks.

SeaLead Shipping, based in Dubai and Singapore, is restarting its transpacific service to the US west coast, while BAL Container Line has relaunched its China-Mexico Express service.

By August, Asia-US west coast rates could hit their Covid-19 peak of $8,000 per 40ft – they are currently around $6,209.

SeaLead’s new USWC service – Nansha, Ningbo, Shanghai, Long Beach, Nansha – will operate on an irregular basis, with ...