News / Demand surge on the transpacific calms as G20 deal eases tariff hike fears

Port of Los Angeles

Transpacific ocean carriers have deployed an extra 22 loaders from China to the US since the middle of October, according to Alphaliner data, adding some 177,000 teu of capacity.

The capacity surge was in response to demand from shippers for front-loading shipments ahead of an anticipated import duty hike on a wide range of consumer goods to 25% from 1 January.

The extra headhaul loaders included nine ships operated by MSC and four each from Maersk Line and CMA CGM.

Alphaliner also noted significant upgrades ...