TRANSPACIFIC NEW ENTRANTS STAY OUTSIDE TSA, WTSA

TRANSPACIFIC NEW ENTRANTS STAY OUTSIDE TSA, WTSA

   None of the new containership operators in the transpacific has joined the trade route’s eastbound and westbound discussion agreements, a spokesman for the agreements said.
    Lykes Lines, Mediterranean Shipping Co., CMA-CGM, Norasia, Trans-Pacific Lines and Great Western Steamship have all entered the Pacific trade since the beginning of the year, following an increase in eastbound cargo volumes and freight rates.
    Mediterranean Shipping joined the eastbound Transpacific Stabilization Agreement for a few weeks, before leaving it in May.
    "TSA has neither actively sought, nor gotten, any
expressions of interest from the new transpacific services to join," a spokesman for the carriers’ group said.
    The TSA carriers are APL, Mitsui O.S.K. Lines, Hyundai, NYK, OOCL, Hapag-Lloyd, P&O Nedlloyd, Maersk, Sea-Land, Hanjin, "K" Line, Yangming, China Ocean Shipping Co. and Evergreen. The other major discussion agreement is the Westbound Transpacific Stabilization Agreement.