This trans-Pacific route that was about to open was urgently suspended!
At present, the shipping market is being severely affected by the latest round of "reciprocal tariffs" imposed by the United States. For this reason, shipping companies have responded by adjusting their capacity and other means.
Recently, ONE announced the suspension of the trans-Pacific route PN4 (Pacific North 4) planned to be operated by the Premier Alliance in May until further notice.
It is reported that the original port sequence of the PN4 route is: Ningbo-Shanghai-Vancouver-Tacoma-Ningbo.
Some industry insiders believe that this is a measure taken by shipping companies to cope with the current uncertain trade environment. The person also expects that other shipping companies and alliances are expected to take similar measures.
Mediterranean Shipping Company (MSC), the world's No. 1 container shipping company in terms of capacity, also recently announced a new trans-Pacific route adjustment plan, canceling some voyages, including:
• Week 14: CHINOOK route UK514A voyage;
• Week 17: PEARL route GQ517N voyage, ORIENT route GO517N voyage, AMERICA route GU517W voyage, LONE STAR route GN517E voyage;
• Week 18: EMPIRE route GE518E voyage.
The latest statistics from industry consulting firm Drewry show that from April 7 to May 11, the world's major east-west routes, including trans-Pacific, trans-Atlantic, Asia-Northern Europe and Mediterranean routes, have announced the cancellation of 57 voyages, accounting for 8% of the 718 planned voyages. Among the canceled voyages, about 53% are on the eastbound trans-Pacific routes, 23% are on the Asia-Northern Europe and Mediterranean routes, and 24% are on the westbound trans-Atlantic routes.
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Many industry insiders believe that the longer the uncertainty of tariffs lasts, the greater the impact on the short-term cargo volume on the US line. Pessimists even predict that the cargo volume on the US line in the first quarter may be the highest peak of the whole year, and the US import volume may continue to decline afterwards.
