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Transpacific Services News

14 May 2019

PIL Enhances Transpacific Services

The Singapore-based family-owned shipping company Pacific International Lines (PIL)  announced that PIL will be enhancing our Transpacific service by offering direct services from Vietnam to the U.S West Coast, with effect from end April 2019.America China Service 5 (AC5) will be adding Haiphong as first port of call with effect from 30th April 2019.Full rotation of America China Service 5 (AC5): Haiphong - Nansha - Hong Kong - Yantian - Long Beach - Oakland - Yantian - HaiphongPIL also launched a new string, America Cai Mep Service 2 (AC2), achieved through slot agreement on Ocean Alliance PSW3 service, with effect from 28th April 2019.Full…

17 Jan 2019

Partners Extend Ocean Alliance to 2027

(Photo courtesy CMA CGM)

Partners in the world’s largest operational agreement between shipping companies have agreed to extend their alliance until 2027.The Ocean Alliance, consisting of CMA CGM Group, COSO SHIPPING, Evergreen and OOCL, was launched in 2017 for an initial period of five years with an option for a five-year renewal.The partners confirmed they will extend to the alliance's full 10-year duration, during a signing ceremony in Hainan, China on Thursday.Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group…

11 Nov 2018

Port of Oakland Cargo Volume Up Despite Tariff Battle

A U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at the Port of Oakland. In fact, the Port is on track for its third straight year of record container volume in 2018, stated the Port authorities.But can it last? That’s the question supply chain experts pondered this week at the quarterly meeting of the Port’s Efficiency Task Force. Forty trade and transportation executives ranging from longshore labor representatives to cargo owners gathered to discuss trade dynamics. Their consensus: cargo volume is spiking right now but could drop by January.“We’re peaking,” said a major U.S. West Coast freight forwarder, “but it may not go on much longer.”Here were the trends noted by Task Force members assembled in Oakland: Warehouses are filling up as U.S.

10 Apr 2018

CMA CGM Rolls Out Ocean Alliance Day Two Product

CMA CGM Group, a world leader in maritime transport, is pleased to announce the start of the Ocean Alliance Day Two Product. Based on the success of Ocean Alliance, the Ocean Alliance Day Two Product strengthens CMA CGM’s service offering by providing even better services and upgrades to the Group’s customers. The Ocean Alliance Day Two Product has a carrying capacity of around 3.1 million TEUs (Twenty-foot Equivalent Unit) with 331 containerships deployed on 41 services. CMA CGM will continue to play a major role within the alliance, deploying a fleet of 121 ships. 20 Transpacific services, 4 Transatlantic services, 6 Asia-North Europe services…

20 Dec 2017

Ocean Alliance Launches Day Two Product

The Ocean Alliance has launched its new Day Two Product with an estimated 3.6 million TEU carrying capacity provided by approximately 340 containerships deployed on 41 services. The new offering will commence in April 2018. Alliance partners CMA CGM, COSCO, Evergreen and OOCL will offer 20 Transpacific services, six Asia-Europe services, four Asia-Mediterranean services, four Transatlantic services, five Asia-Middle East services and two Asia-Red Sea services. “Ocean Alliance has been a fantastic success from a customer perspective since its launch last spring and we are very enthusiastic to announce our Day Two Product,” said Olivier Nivoix, Senior Vice President Ocean Alliance Lines.

27 Apr 2017

Cox Takes over as Matson Board Chairman

Matthew Cox (Photo: Matson)

Matson, Inc. president and chief executive officer Matthew J. Cox will succeed retiring chairman of the board Walter A. Dods, the company announced today. The appointment becomes effective at the end of the company's annual shareholders’ meeting today, as Dods retires in accordance with the company's corporate governance guidelines limiting board members’ age. “In my nearly 30 years associated with Matson, I've never felt stronger about its leadership and long-term prospects,” Dods said.

13 Feb 2017

Maersk Enhances Asia-Europe, Transpacific services

Maersk Line introduces a new service – the AE7 – on the Asia-North Europe trade and a new service – the TP16 – on the Transpacific trade. The new services will enable MSC and Maersk Line to accommodate the incoming volumes from the recently announced slot purchase agreements with Hyundai Merchant Marine and Hamburg Süd. The two carriers will move cargo, but not operate vessels in the 2M network. “With these exciting product improvements we confirm our commitment to provide extensive direct coverage and best in class transit times to our customers in the Asia-Europe and Transpacific trades,” says Silvia Ding, Head of Trade in Maersk Line. “Our new slot agreements require that we increase our capacity.

03 Nov 2016

OCEAN ALLIANCE Sets Out Network

Members of the OCEAN ALLIANCE, COSCO Container Lines, CMA CGM, Evergreen Line and Orient Overseas Container Line,  signed a document entitled the Day One Product, which sets out the proposed OCEAN ALLIANCE’s network, including port rotation for each service loop. The Day One network intends to deploy around 350 container vessels with an estimated total carrying capacity of 3.5 million TEUs to provide one of the most comprehensive service coverage in the market on the following trade lanes. The vessel deployment details for each service loop, will be released around end of this November. 20 Transpacific services (estimated 160 port pairs, with 13 Asia - West Coast North America services, 7 Asia - East Coast North America and U.S.

12 Dec 2014

Matson Senior VP Hoppes to Retire

Dave Hoppes (Photo: Matson)

Dave Hoppes, Matson’s senior vice president, ocean services, will retire March 31, 2015, the company announced. John Lauer, currently vice president, Transpacific services at the company's wholly-owned subsidiary, Matson Navigation Company, Inc., will succeed Hoppes as senior vice president, ocean services, effective March 31, 2015. The company also announced that Chris Scott, currently director, Asia at Matson Navigation Company, will succeed Lauer as vice president, Transpacific services at Matson Navigation Company, effective March 31, 2015, as part of the transition plan.

09 Oct 2014

Maersk, MSC Win U.S. OK to Launch Shipping Pact

Richard Lidinsky Jr, Federal Maritime Commission commissioner (Source: FMC)

Maersk Line and Mediterranean Shipping Co (MSC), the world's two largest container shippers, won approval from U.S. maritime regulators for a planned vessel sharing pact, bringing it a step closer after a bid for a larger alliance failed. The so-called 2M alliance would see the two carriers pool 185 ships on European, transatlantic and transpacific services, which Maersk Line says would save it $350 million a year. The proposal follows the rejection in June of a larger planned venture involving Maersk, MSC and France's CMA CGM by China's Ministry of Commerce on competition grounds.

03 Sep 2013

Hong Kong Strike Impairs Ship and Container Reliability

Ship-level and container-level reliability Key Performance Indicators (KPIs) decreased in the second quarter of 2013, according to Drewry’s quarterly report Carrier Performance Insight, just published. Despite improvements in East-West trade reliability, the average on-time performance of containerships across all trades covered declined to 70.5%, down from 72.8% in the first quarter. The average on-time performance has now declined for two consecutive quarters and the latest result was the worst since the first quarter of 2012 (69.3%) and was 2.8 percentage points lower than recorded in the same quarter last year. It was expected that…

02 Apr 2008

TNWA Offers Two New Direct Shuttles

The New World Alliance (TNWA) carriers – APL, Hyundai Merchant Marine (HMM) and Mitsui O.S.K. Lines (MOL) –  announced two new direct shuttle services linking , and on the US West Coast. Beginning in mid-May, the current PS3 service will be divided into two services. For Central China, where the market is experiencing significant growth, TNWA will offer the PS3, a direct service between , and . This enhancement will provide one of the fastest transit times in the industry; 11-day direct service from to . TNWA will also launch a new “the Japan-America Shuttle (JAS)”, which will enable TNWA to offer customers more port coverage in Japan than currently offered by other transpacific services and will also ensure a more reliable service that focuses solely on the Japan market.

06 Jan 2005

Carriers Add Capacity in Asian Trades

Jacksonville, Fla. 298,0000 TEUs a week on Jan. week at the beginning of 2004. percent to about 217,000 TEUs a week on Jan. TEUs in January of last year. the growth of cargo volumes in these two trades. expected to have grown by about 17 percent. of ships in both trades at the same time," said Hayes H. of ComPair Data. added. January, has been modest. trades have attracted most of the additional capacity. January 2005, according to ComPair Data. vessel capacities in the transpacific and Asia-Europe trades. On Jan. transpacific trade on 79 joint or individual liner services. date, 433 vessels were deployed on 50 services in the Asia-Europe trade. carriers and their ships operating on 12 major trades worldwide.

10 Sep 2007

Tenth & Final S-Series Ship Delivered

Ever Salute, the last of ten 7024TEU S-series vessels being built for Evergreen in Japan, was launched on September 8 at Mitsubishi Heavy Industries’ Kobe shipyard. The vessel was named by S S Lin (Lin Sun-san), First Vice Group Chairman of the Evergreen Group, while the ceremonial rope cutting, sending the ship down the slipway, was performed by Mrs Fusae Katsumata, the wife of Mr Nobuo Katsumata, President and CEO of the Marubeni Corporation. Due for delivery in January 2008, Ever Salute is scheduled to join one of Evergreen Line’s transpacific services. The first eight vessels are now operating on the company’s new China Europe Shuttle (CES) that offers a fast link between Asia and North Europe…

15 May 2007

Lauer Joins Matson as Director, Transpacific Services

John P. Lauer has joined Matson Navigation Company as director, Transpacific services, for Matson's China - Long Beach Express. Lauer will lead Matson's U.S. sales efforts for its burgeoning China - Long Beach Express service and will focus on trade lane yield management and revenue enhancement strategies in conjunction with other Matson operations. He will report to Dave Hoppes, senior vice president, ocean services. Lauer comes to Matson with 20 years of sales experience, including a number of senior level executive positions encompassing maritime and logistics activities. Most recently, he was managing director, eastern region, for APL and APL Logistics at the NOL Group level. Lauer led these companies in reaching key performance sales and profit benchmarks.

27 Nov 2006

Maersk Line Optimizes Pacific Services

Senior Vice President, Robert Kledal. number of improvements and the phasing out of two strings. network will provide optimum port coverage in the region, better connections to growing markets and efficient and cost effective transportation solutions to serve customers. the US West Coast ports and $500 to the US East Coast ports. providing inland service. each case, Maersk Line will seek full compensation for the service provided. The restructured Pacific network will feature enhanced coverage of Thailand to the US West Coast. days. Japan. features that characterize Maersk Line's Pacific network.

10 Jan 2006

Eastern Car Liner and Rickmers-Linie Agree on Trade Deal

Eastern Car Liner Ltd., Tokyo, and Rickmers-Linie, the Hamburg based breakbulk, heavylift and project cargo specialist, have concluded a deal concerning the transpacific westbound trade. ECL, which provides a monthly liner service from Japan to the U.S. East Coast, will deliver its multipurpose vessels after the end of each eastbound voyage to Rickmers-Linie, which will then charter the ships for transpacific westbound voyages and redeliver them to Japan. The cooperation will start from January 2006 and is set for a period of two years. The four 11,000dwt vessels, which are involved in this cooperation, come with heavylift gear capable of lifting loads of up to 120 tons. They were built between 1995 and 1998 and are equipped with ro-ro ramps.

03 Jan 2006

Italia Marittima SpA Introduced

P L Maneschi, Chairman of Lloyd Triestino di Navigazione SpA, has announced that with effect from 1March 1, the name of the shipping company will be changed to Italia Marittima SpA and will be known by the acronym ITS. Mr Maneschi said the new name Italia Marittima SpA reflects the company's ambitions to strengthen its Italian national identity worldwide whilst recognising almost 170 years' presence of Lloyd Triestino in the international shipping market. At the time the shipping company was established, on 2 August 1836 , Trieste and the port were part of the Austrian-Hungarian Empire and the original name of the company was Oesterreicher Lloyd. On 3 January 1919 , shortly after World War I, the name changed to Lloyd Triestino.

03 Jan 2006

Lloyd Triestino Changes Focus, Name

P L Maneschi, Chairman of Lloyd Triestino di Navigazione SpA, has announced that with effect from 1 March 2006 the name of the shipping company will be changed to Italia Marittima SpA and will be known by the acronym ITS. Mr Maneschi said the new name Italia Marittima SpA reflects the company's ambitions to strengthen its Italian national identity worldwide whilst recognising almost 170 years' presence of Lloyd Triestino in the international shipping market. At the time the shipping company was established, on 2 August 1836, Trieste and the port were part of the Austrian-Hungarian Empire and the original name of the company was Oesterreicher Lloyd. On 3 January 1919, shortly after World War I, the name changed to Lloyd Triestino.