BAL Container Line, a privately owned China-based carrier, has become the latest entrant into the Transpacific and Asia-Europe lanes, attracted by the unprecedented hike in freight rates. BAL completed its maiden Transpacific voyage when its chartered 2,190TEU vessel, Queen Esther, arrived in Los Angeles on 10 June, after departing from Ningbo-Zhoushan Port on 26 May. … Continue reading BAL Container Line ventures into long-haul lanes