Trans-Pacific

23 Aug 2016
No surprises as a weak October encourages G6 to withdraw sailings on major east-west trades.
Although spot rates declined, shippers and transportation companies still expect an uptick in imports in coming months.
19 Aug 2016
Trans-Pacific spot rates in both directions fell for third straight week.
12 Aug 2016
Trans-Pacific spot rates slipped again this week as weak demand and overcapacity keep them under downward pressure.
10 Aug 2016
Capacity discipline has pushed up vessel utilization rates.
05 Aug 2016
U.S. importers, anxious because vessels in Asia are starting to fill up, are working to secure peak season space on the trans-Pacific.
03 Aug 2016
Matson said its China-to-U.S. route is feeling the effects of a soft trans-Pacific market.
Spot rates on the trans-Pacific rose last week, but they remain below the levels reached at this time last year as container lines step up their efforts to reign in overcapacity.
01 Aug 2016
Container shipping lines are idling vessels of all sizes during the current peak shipping season.
29 Jul 2016
Eastbound Pacific spot rates jump with the peak season at hand.
29 Jul 2016
Maersk Line has played down speculation that it will try to acquire Hyundai Merchant Marine.
22 Jul 2016
Orient Overseas Container Line moved more containers in the second quarter of 2016 than the same period a year before.
OOCL, its G6 Alliance partners and other ocean carriers can't seem to find the magic formula needed to bring trans-Pacifc capacity in line with demand.
22 Jul 2016
Container lines in the eastbound trans-Pacific this week were unable to hold on to their rate increases of last week.
The 18,000-TEU CMA CGM Benjamin Franklin, pictured in San Francisco Bay during a call to the Port of Oakland in February, could be one of the mega-ships the Ocean Alliance plans to deploy to the U.S. West Coast.
19 Jul 2016
The Ocean Alliance plans to deploy the largest ships ever seen by U.S ports on the trans-Pacific trade.