Ocean freight market update – November

A round up of some of the leading developments in the ocean freight markets. The Alliance suspends Transpacific Northwest loop as a result of low cargo demand. With immediate effect the China – Korea – West Coast of North America ‘PN3’ loop will be The geographical coverage of this Transpacific Northwest loop is fully taken over by the Southeast Asia & South China WCNA ‘PN2’ service. The last ‘PN3’ sailing was on 23 September ex Kaohsiung.