News / Wan Hai and Cosco launch more transpacific services as rates soar

© Mariusz Bugno

Wan Hai and Cosco have started new transpacific services in response to rising freight rates.

Wan Hai’s new service, the Asia America I (AA1), connecting Shekou, Qingdao, Ningbo and Long Beach, began on Monday with the 3,013 teu Wan Hai 361 collecting containers in Shekou. Six 3,000-4,530 teu vessels will work on a six-week turnaround.

Alphaliner said Wan Hai was the first liner operator to react to the strong transpacific market, which saw Asia-US west coast rates gaining 19% week on week, ...