Hutchison megadeal reveals dark side of container shipping
What money cannot buy
CMA CGM has said six 15,000 teu LNG-fuelled vessels under construction in China will be deployed on its transpacific Pearl River Express (PRX) between south China and Los Angeles.
The first vessel is expected to enter service in October, with the remaining five to join the loop before the end of next year.
According to the eeSea liner database, CMA CGM is the sole vessel provider to the PRX service, despite space allocated to Ocean Alliance partners Cosco, OOCL and Evergreen.
CMA CGM ...
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