GRAND ALLIANCE ADDS ASIA/U.S. EAST COAST SERVICE, CAPACITY

GRAND ALLIANCE ADDS ASIA/U.S. EAST COAST SERVICE, CAPACITY    Grand Alliance carriers NYK Line, Hapag-Lloyd, OOCL and P&O Nedlloyd are starting another weekly all-water Asia/U.S. East Coast service at the end of April, the “East Coast Express.”
   The service calls at Busan, Qingdao, Shanghai, Yantian, Hong Kong, Miami, Savannah, New Work, Norfolk, Savannah and Busan. It will provide an eastbound transit time from Hong Kong to Miami of 23 days, NYK Line said.
   The East Coast Express service will add some 150,000 TEUs in annual one-way capacity to the transpacific container trade, which has shown signs of cargo volume recovery eastbound since February.
   The service is also one of four loops that are being added by transpacific ocean carriers in the next few months.