TRANSPACIFIC CAPACITY HITS 10 MILLION TEUS A YEAR

TRANSPACIFIC CAPACITY HITS 10 MILLION TEUS A YEAR    Vessel capacity in the eastbound transpacific container trade broke the 10 million TEUs barrier for the first time this month, according to World Liner Supply, a new quarterly report from the ComPairData shipping database.
   The first issue of World Liner Supply shows that ocean carriers now deploy a one-way transpacific capacity of 10,176,000 TEUs a year. This is a 10-percent increase compared to January of this year.
   Shipping lines in this trade now offer shippers 60 joint and/or individual liner services with a total of 456 liner vessels. Both the number and size of ships continues to increase.
   The eastbound Pacific trade is the first one-way route to hit a capacity of 10 million TEUs a year, research by World Liner Supply showed.
   The latest annual eastbound capacity of 10 million TEUs a year represents the equivalent of 49 vessels of 4,000 TEUs sailing every week from Asia to North America.
   World Liner Supply’s quarterly reports calculate up-to-date ship capacity of each alliance, carrier, service and trade route on the major trade lanes. The latest quarterly report explains how major transpacific carriers and alliances are steadily losing their share of the vessel capacity in the Pacific to newcomers.
   Further information on the World Liner Supply 3Q2000 report is posted on www.compairdata.com.