Rates update, week 51: GRIs boost prices, with more to come in January
Container spot rates on the transpacific trades shot up this week, on the back of ...
Sea-Lead Shipping's Hakuna Matata
Sea-Lead Shipping will start an East Asia-US east coast service today, continuing its service diversification beyond its original Persian Gulf focus.
Four 6,100 teu ships will be deployed to the fortnightly service, for which the port rotation is Nansha-Ningbo-Qingdao-Busan-Norfolk-Newark-Charleston-Jacksonville-Nansha.
Last year, Sea-Lead started East Asia-US west coast services and, on Thursday, will launch a China-Australia service with Yang Ming, TS Lines and Pacific International Lines.
Sea-Lead MD Cho Kit Wei said: “Port congestion has been a challenge for everyone recently and the Asia-east coast service will allow us to service ports that are more efficient for our customers.
“We are confident the market and our partners will respond well to the service, and we look forward to developing strong partnerships on this tradelane,” he added.
A spokesperson for Sea-Lead told The Loadstar: “Sea Lead is confident that its new service to the east coast will offer a timely and reliable service as it will be calling at ports that are less congested, thus allowing shippers not only additional options but also a more consistent service.”
According to Alphaliner, the company sits at number 22 in the global rankings of liner companies, as measured by fleet capacity. It operates 23 chartered-in vessels with a combined capacity of 87,180 teu.
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