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ZIM and THE Alliance cut Transpacific capacity

ZIM Line and THE Alliance have withdrawn one Asia-US West Coast service each, helping to stabilise Transpacific rates when the Shanghai Containerised Freight Index (SCFI) closed on 12 July.
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The ZIM North Pacific (ZNP) service’s last sailing, out of Busan, will be on 12 July. The service, accounting for 1% of Asia-US West Coast capacity, previously had seven to nine ships of 2,700 to 4,300 TEUs, calling at Kaohsiung, Yantian, Ningbo, Shanghai, Busan, Vancouver, Busan and Kaohsiung.

The Israeli ocean carrier will replace the ZNP by purchasing slots on Mediterranean Shipping Company’s Chinook service, which calls at Yantian, Shanghai, Qingdao, Busan, Vancouver, Seattle, Portland and Yantian. However, ZIM will be excluded from the Seattle and Portland calls. Due to the ongoing strikes by dockers on the Canadian west coast, the North American port rotation will be reversed, with Seattle and Portland added before Vancouver.

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