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TCC gets China license, charters 2 more ships

TCC gets China license, charters 2 more ships

   The Containership Company, a startup container line that in April will launch its first service, said Thursday it has received a license from China's Ministry of Transport to operate liner services in China.

   TCC also said it has secured charters for two more vessels for its first service, which will link the port of Taicang with Los Angeles in a no-frills shuttle loop. The service will operate with five vessels in all, and the carrier now has three of the five secured. The two latest charters are for 2,900- and 3,000-TEU ships, said Franck Kayser, TCC chief operating officer.

   The license also allows TCC to move forward with a planned Asia/Europe service later this year. The line has entered into an agreement with China's Modern Terminals for services at Taicang and Da Chan Bay. Taicang is 30 miles upriver on the Yangtze from Shanghai, and Da Chan Bay is one of the terminals in the Port of Shenzhen.