{"id":1962,"date":"2021-06-11T00:00:00","date_gmt":"2021-06-10T16:00:00","guid":{"rendered":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/?p=1962"},"modified":"2022-11-11T10:41:40","modified_gmt":"2022-11-11T02:41:40","slug":"carriers-scrambling-to-add-capacity-in-overheated-trans-pacific","status":"publish","type":"post","link":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/carriers-scrambling-to-add-capacity-in-overheated-trans-pacific\/","title":{"rendered":"Carriers scrambling to add capacity in overheated trans-Pacific"},"content":{"rendered":"<\/p>\n<p class=\"MsoNormal\">Two Chinese shipping lines will enter the booming  trans-Pacific trade in the coming weeks, and a freight forwarder is reportedly  seeking to join the fray as soon as it charters ships. <\/p>\n<p class=\"MsoNormal\">In another development that highlights the explosive demand  for US imports now in its 11th month, a spokesman at HMM confirmed Wednesday  the South Korean carrier intends to deploy at least four extra-loader vessels  to the West Coast in each of the next two months, up from two currently.<\/p>\n<p class=\"MsoNormal\">The frenzied activity in the largest US trade lane is being  driven by 10 consecutive months of record or near-record import volumes from  Asia, and record-high freight rates that continue to increase, making any  additional capacity a lucrative investment for carriers.<\/p>\n<p class=\"MsoNormal\">Gene Seroka, executive director of the Port of Los Angeles,  told JOC.com Wednesday that BAL Container Line and China United Container Line  have notified the port they will initiate services to the Los Angeles-Long  Beach gateway in the coming weeks. Those carriers operate in other China trade  lanes, but this would be their first activity in the trans-Pacific, he said.<\/p>\n<p class=\"MsoNormal\">Noel Hacegaba, deputy executive director and chief operating  officer at the Port of Long Beach, confirmed those lines will enter the China  to Southern California trade. \u201cThis is indicative of the heightened demand in  the trans-Pacific, and the preference of carriers for the Southern California  gateway,\u201d he said. <\/p>\n<p class=\"MsoNormal\">The details of the new services are still uncertain and  continue to evolve, both port executives said. While it appears the vessels  will be in the range of 2,500 to 3,000 TEU capacity, the lines have not  released information as to how many vessels they will deploy, or whether they  will even have enough ships to offer fixed weekly services.<\/p>\n<p class=\"MsoNormal\">HMM extra-loaders<\/p>\n<p class=\"MsoNormal\">Another service that is possible, according to the port  executives, would be operated by a non-vessel-operating common carrier (NVO),  although that service has yet to be finalized pending the ability of the NVO to  secure vessels.<\/p>\n<p class=\"MsoNormal\">HMM, which has been deploying extra-loader vessels in the  trans-Pacific in addition to its schedule of weekly services, will increase its  extra-loader deployments at least in July and August. The HMM spokesman said  the carrier in July will increase its extra-loader deployments from two to  four, and in August to four or five sailings. The plans are subject to change,  he said. <\/p>\n<p class=\"MsoNormal\">The HMM extra-loaders will call at Busan, South Korea, and  will also call at a port or ports in China. 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In another development that highlights the explosive demand for US imports now in its 11th month, a spokesman at HMM confirmed Wednesday the South &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-1962","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts\/1962","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/comments?post=1962"}],"version-history":[{"count":1,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts\/1962\/revisions"}],"predecessor-version":[{"id":1974,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/posts\/1962\/revisions\/1974"}],"wp:attachment":[{"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/media?parent=1962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/categories?post=1962"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ems.cohesionfreight.com.hk:8080\/wordpress\/wp-json\/wp\/v2\/tags?post=1962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}