ShippingWatch

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.

Photo: PR / OOCL

Towering freight rates and a quick comeback for demand have since July meant that container lines have injected fresh capacity to the Pacific routes between Asia and the US.

While the shipping lines' other major trade routes in the third quarter this year saw capacity decrease, capacity instead grew on the Pacific routes between Asia and the US west and east coasts, writes analyst firm Sea-Intelligence.

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