Ocean Alliance boosts services from Asia to US East and Gulf Coast

Time:2016-07-20 Browse:174 Author:RISINGSUN
OCEAN Alliance shipping lines - CMA CGM, COSCO Shipping, OOCL and Evergreen - aim to raise the number of services from Asia to US east and Gulf coast ports starting from April 2017, according to the US Federal Maritime Commission (FMC).

The all water service being offered to the US includes "a significant increase" in new port calls, according to the FMC Commissioner William Doyle, reported World Maritime News, Rotterdam.

The alliance filed its vessel sharing agreement with the FMC last week. The shipping lines plan to transition from their former alliances in or about March 2017 and, subject to regulatory approval, begin full operation by April.

Mr Doyle added that the service from Asia to US east and Gulf coast ports is a direct result of the newly expanded Panama Canal, which was inaugurated on June 26.

Following the completion of the expansion project, the Panama Canal has pushed back the Suez Canal`s incursion into all-water routes between the Far East and the US east coast, as it regained the majority share in terms of overall container transport capacity on the trade this month, according to Alphaliner.