CKYH boosts capacity on service

CKYH boosts capacity on service    COSCO Container Lines said Tuesday that capacity will be restored on the CKYH Alliance’s CEN service by bringing back six 7,500-TEU vessels to replace the six current 5,500-TEU vessels, starting April 24.
   It said the phase-in would be completed by the end of May.
   Along with restoring capacity on this service, the service will add Ningbo as a last call in Asia to meet customer demand.
   “Although we are still in a very challenging market financially, we have had many requests from both importers and exporters to restore capacity on this popular trade route and to consider adding a Ningbo call and we have heeded their advice. It should be noted however, that we are still in a precarious position as far as current freight levels and the rising cost of moving cargo,” a spokesman said. “We are cautiously optimistic that we will see some freight growth this year and hope that freight levels can increase to the point that further capacity can return to our transpacific services.”
   The service's port rotation is Dalian, Xingang/Tianjin, Qingdao, Shanghai, Ningbo, Prince Rupert, Long Beach, Oakland, Yokohama and Dalian.