New Carrier to Launch Trans-Pacific Loop
The recently created Containership Company will launch its inaugural trans-Pacific "Great Dragon" service on Saturday with the first sailing from the Taicang International Gateway in Jiangsu that is scheduled to arrive at the TraPac terminal in Los Angeles on May 3. The Containership Company, which is registered in Copenhagen, was created last year by two Danes with a long history in container shipping, Jacob Tolstrup-Moller and Franck J. Kayser, who worked for such groups as Maersk Line, CMA CGM and Boxton Maritime.
The company was established as a no-frills carrier with five containerships that it chartered at rock-bottom charter rates.
Kayser, the company"s CEO and a former group vice president of CMA CGM, expects the Great Dragon service to generate an annual volume of 250,000 20-foot equivalent units between Los Angeles and Taicang.
It has chosen Taicang International Gateway, and TraPac Container Terminal, in Los Angeles as the terminals that will handle the cargo carried by its new service.
Taicang International Gateway, a subsidiary of Modern Terminals Ltd., is located about 40 miles northwest of Shanghai near several key manufacturing China hubs, including Suzhou, Kunshan, Wuxi and the Yangtze River Delta Region.