News / Carriers slug it out for market share in lucrative India-US trades

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The growth potential for India-US ocean trades is persuading more container carriers to invest in tonnage on the route, with Cosco the latest entrant with its subsidiary, OOCL.

The Chinese carrier has deployed six ships, and Hong Kong-listed OOCL four, launching a direct express West India-US east coast connection.

The ships are all in the 4,500 teu range, small compared with those on other services by MSC and the Hapag-Lloyd-CMA CGM consortium that range between 8,000 and 10,000 teu.

Marketed by Cosco as ...