Alphaliner: Battle for market shares on the Pacific

15 container carriers' attempt at implementing rate increases between Asia and the US through a new rate policy will only be successful if the carriers withdraw capacity, says Alphaliner.

The 15 carriers in the Transpacific Stabilization Agreement (TSA) will have to withdraw ships from the Pacific services if they want to successfully increase the rates, says Alphaliner, pointing out that the TSA members continue their internal fight for market shares.

The TSA collaboration will no longer advise its members about levels for general rate increases (GRI) in relation to annual contracts. Instead, the TSA has issued guidelines on minimum rates of USD 2,000 per feu to the US West Coast and USD 3,500 to the US East Coast from North Asian countries for contracts in 2015-2016.

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