T.S. Lines has withdrawn its only deployed vessel from the joint Transpacific service it operates with SeaLead Shipping (AWC) and KMTC (APX), according to DynaLiners. As a result, the service has been downgraded from a weekly to a fortnightly rotation.
It remains unclear whether T.S. Lines plans to fully exit the trade or continue as a slot charterer, as the company is still advertising departures until the end of November.
The service connects the following ports: Qingdao – Shanghai – Ningbo – Busan – Long Beach – Busan – Qingdao. The move comes amid ongoing capacity adjustments and cost optimizations on the Transpacific trade.
