Carriers adding more ships for US imports
The Asia to USA trade route is said to be experiencing ‘frenzied activity’.
Following ten consecutive months of record or near-record import figures from Asia into the USA, at least three shipping companies – two Chinese and one based in South Korea – are reportedly entering the trans-Pacific trade route, which has been described by analysts as experiencing ‘frenzied activity’. These new sailings are expected to very soon begin shipping into the Los Angeles-Long Beach gateway.
The South Korean carrier is said to be introducing at least two additional extra-loader vessels (those deployed on an ad-hoc basis rather than as part of a regularly scheduled service) to the West Coast by the end of August. These ships will call at Busan in South Korea, as well as at one or more ports in China.
According to a spokesperson at the Port of Long Beach, the entry of these shipping companies into the China to Southern California trade route is indicative of the heightened demand in trans-Pacific traffic and the preference of carriers for this gateway into the USA.
This article was originally published on page 3 of the July/August 2021 issue of SATRA Bulletin.