Container lines are reinstating sailings on their transpacific and Asia-to-Mediterranean services after an unexpected pick-up in demand.
The development is raising hopes among tonnage providers for a bottoming-out of the charter market.
Strong demand on the Asia-to-US West Coast route has prompted carriers to reverse an earlier decision to blank a record number of transpacific sailings in May.
THE Alliance became the latest grouping of lines to reinstate sailings on the transpacific with the 8,566-teu Hyundai Courage (built 2008) scheduled to sail on service between Asia and the US West Coast on 20 June.