News on Pacific.

Container lines increase capacity on the Pacific big-time

Since July, the container lines have been increasing capacity on the Pacific trades between Asia and the US, and in the fourth quarter capacity growth is expected to reach almost 22 percent compared to the same period 2019, writes analyst firm Sea-Intelligence.

Alphaliner: Pacific will be the new battleground in 2017

The smaller and independent container carriers outside the alliances have a combined market share of 13 percent on the trade routes between the Far East and North America, and this could undermine attempts to increase the rates.

SeaIntel: Pacific alliance TSA overlooks lower fuel costs

The Pacific TSA alliance's rates do not reflect the fact that carriers' fuel costs have gone down after bigger and more efficient vessels have been deployed on the routes following the expansion of the Panama Canal. The carriers should update their BAF surcharges, notes SeaIntel.

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