Maritime news outlets reported Wednesday that the lines had immediately stopped running their TP1 loop. The two lines, one a mainland China-based startup and the other a predominantly intra-Asia Taiwan-based line, introduced the service in May.
It had a rotation of Ningbo, Shanghai, Long Beach and Ningbo, according to American Shipper affiliate ComPair Data. The service operated with four vessels with an average capacity of 2,842 TEUs.
Though the suspension of the service couldn't be confirmed immediately by American Shipper, there is no longer mention of the loop on the Hainin PO Shipping’s online schedules.
It's the second sign this week of slowing demand from the Shanghai-Ningbo region to North America, with Maersk Line, Mediterranean Shipping Co., and CMA CGM deciding to postpone the introduction until 2012 of a service with an identical rotation as the Hainan-TS Lines TP1.
Hainan PO Shipping and TS Lines operate two other transpacific services:
' The TP2, with a rotation of Xiamen, Hong Kong, Yantian, Long Beach, Oakland and Xiamen.
' The TP3, with a rotation of Qingdao, Ningbo, Shanghai, Busan, Long Beach, Oakland, Busan and Qingdao.
All of the ports called in the TP1 are covered by the TP3, albeit with transit times that are one day slower. ' Eric Johnson
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now