Receive FREE Newsletter
Advanced Search
+

News / Added services to exploit rising rates boost transpacific capacity by 33%

Ever Chivalry at the Port of Los Angeles Source Port of Los Angeles
Source Port of Los Angeles
By

To take advantage of skyrocketing freight rates, liner operators added 23 transpacific services between July 2020 and last month, boosting nominal capacity by 33%, according to the Shanghai Shipping Exchange.

In July 2020, global container shipping capacity stood at 23.8m teu, the transpacific accounting for 3.74m ...

To read this article you need to subscribe.

Help us to continue to invest in award-winning independent journalism. For an introductory offer of just £70 a year, or £10 per month, get access to all our daily news stories and opinion. If you are already a registered user, please login below with your current account's email and password to subscribe. If you are not registered and want to subscribe, please register below to subscribe.
Current subscriber
New subscriber

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    2M CMA CGM Cosco Shipping Group CU Lines Evergreen Marine Corp Maersk Lines MSC Ocean Alliance OOCL Shanghai Shipping Exchange vesselsvalue.com ZIM Integrated Shipping Services