Top Trans-Pacific Carriers and Ports
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US Federal Maritime Commission ( FMC ) 30 days before implementation , and the actual amount paid is subject to negotiation with individual customers . As the effective date approaches , it is common for carriers to lower the PSS if the market will not support the rate filed with the FMC .
Booking early
The current tight capacity situation in the eastbound trans-Pacific , in which importers are being advised to book their shipments at least four weeks in advance if they want to secure vessel space instead of the more typical one to two weeks , is challenging , Shames said .
“ It ’ s especially frustrating ,” she said , because importers don ’ t know what magnitude of PSSs the market will sustain four weeks out or longer .
“ It ’ s all a dance ,” said an importer of home furnishings
“ Carriers fixed their contracts at too low a price point . They ’ re trying to close that spread .”
who is involved in negotiating a PSS . “ They want $ 1,000 [ per FEU ], we countered with $ 300 .” The importer is waiting to hear back from the carrier .
The source said he must also take a calculated risk . If he doesn ’ t meet the carrier ’ s PSS demand , does he have enough other core carriers that will agree to load all of the shipments he needs when the time-sensitive shipments must move ?
A carrier executive told the Journal of Commerce his line is booked from Asia to the US for the next month . The soonest he can accept bookings is for late July-early August .
Lazaro Cardenas following a 23-day voyage , the sailing schedules show .
BAL launched its first CPX service to Los Angeles in June 2021 , but that and the CMX service were halted in January 2023 .
Taiwan carrier TS Lines is also looking at a return to the trans-Pacific after ordering two , 14,000-TEU container ships from China ’ s Shanghai Waigaoqiao Shipbuilding . The carrier launched a weekly China – Vancouver service in October 2021 but retreated from the trans-Pacific last year .
Mainliners expanding
Taiwan ’ s Wan Hai Lines launched its US West Coast Asia America 1 ( AA1 ) service from Shenzhen ’ s Shekou terminal on June 4 . The carrier will deploy six vessels of approximately 3,000 TEUs on the service that will call Shekou , Qingdao , Ningbo , Long Beach and Shekou .
The carrier , although focused on the intra-Asia trade in terms of liftings , is deriving an increasing percentage of revenue from the US and South American markets partly because of its membership in THE Alliance .
China ’ s Cosco Shipping Lines and its Hong Kong-listed affiliate OOCL are expanding their West Coast trans- Pacific operations with a China – Pacific
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Northwest Coast / Vancouver ( CPV ) service that will be inaugurated by the 4,253-TEU Cosco Venice from Ningbo on June 12 . The carriers will deploy a total of six ships on the loop that will have a rotation of Ningbo , Shanghai , Vancouver , Seattle , Lianyungang and Ningbo .
Maersk , meanwhile , said it is revamping its Asia-Latin America ( AC ) services with a new AC1 string calling at Ningbo , Qingdao , Busan , Lazaro Cardenas and Posorja ( Ecuador ) starting July 1 .
The existing AC2 service will have an updated rotation of Shanghai , Qingdao , Busan , Yokohama , Lazaro Cardenas , Manzanillo , Balboa ( Panama ), Lazaro Cardenas and Manzanillo starting from Shanghai on June 25 .
MSC has also announced the launch of its weekly Carioca service from Asia to Brazil from July 19 by the 8,046-TEU MSC Yokohama , to “ provide additional coverage , as well as increase connectivity and frequency with Asia .” The new string will increase the frequency of services connecting South Korea and China to ports in southern Brazil , the carrier said .
The full rotation is Busan , Shanghai , Ningbo , Shekou , Singapore , Rio de Janeiro , Paranaguá , Itapoa , Santos , Itaguai , Colombo , Singapore and Busan .
email : keith . wallis @ hotmail . com www . joc . com July 1 , 2024 | Journal of Commerce 21