Monday, July 11, 2011

International Ocean Freight Lines Container Shipping Service Suspended

New World Alliance ceases Pacific Southwest Service Route
Shipping News Feature

KOREA – JAPAN – SINGAPORE – US – The three members of the New World Alliance (TNWA) – Hyundai Merchant Marine (HMM), Mitsui OSK Lines (MOL) and APL Co. Pte Ltd (APL), announced this week that they would suspend operations on the PSW Transpacific (Pacific Southwest) ocean freight container service which they have jointly run.

The routing provided a service between Taiwan/South China/Korea and Los Angeles/Oakland and employed five ships with capacity of 4,600-4,700 TEU operated by HMM. The TNWA will continue to provide services between these locations with other deployments and the final eastbound sailing of PSW will depart Pusan on 14th July.

In January the TNWA reduced services on the route as part of their routine winter reduction programme but there appear to be no long term plane to revive the service at this time and the carriers involved state that the TNWA will continue to provide services between these locations with other deployments offered by the three companies, each of which already serve all locations on the major East-West container trades.