Executive Briefings

Trans-Pacific Trade May See 18,000-TEU Vessels One Day

Big 18,000-TEU vessels may be coming to U.S. ports after all.

The Ocean Alliance revealed it is contemplating the deployment of vessels in size from 4,200 TEUs to up to 18,000 TEUs on the trans-Pacific trade.

The Ocean Alliance is a vessel sharing agreement among liner carriers CMA CGM of France, China's COSCO Container Lines, Evergreen Line of Taiwan and Japan's OOCL.

In a filing with the Federal Maritime Commission (FMC) last week, Ocean Alliance members said they expect to launch the vessel sharing agreement in April 2017.

The agreement will also cover services not regulated by the FMC, such as the Asia-Europe, the Asia-Mediterranean, the Asia-Red Sea and the Asia-Middle East trades. All told, the Ocean Alliance said earlier this year it expects to operate over 350 containerships in 40 services globally, including about 20 services each in U.S. and Europe related trades.

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The Ocean Alliance revealed it is contemplating the deployment of vessels in size from 4,200 TEUs to up to 18,000 TEUs on the trans-Pacific trade.

The Ocean Alliance is a vessel sharing agreement among liner carriers CMA CGM of France, China's COSCO Container Lines, Evergreen Line of Taiwan and Japan's OOCL.

In a filing with the Federal Maritime Commission (FMC) last week, Ocean Alliance members said they expect to launch the vessel sharing agreement in April 2017.

The agreement will also cover services not regulated by the FMC, such as the Asia-Europe, the Asia-Mediterranean, the Asia-Red Sea and the Asia-Middle East trades. All told, the Ocean Alliance said earlier this year it expects to operate over 350 containerships in 40 services globally, including about 20 services each in U.S. and Europe related trades.

Read Full Article