Carriers shift capacity as demand slows on Asia-Latin America west coast

Demand is weakening and freight rates are under pressure on the Asia-Latin America west coast trade, and amid an uncertain outlook carriers are positioning themselves in different ways.
Zim Line appears to be on the brink of closing its standalone Asia-South America west coast ZAT service.
The string originally deployed 11 ships of 4,250 teu capacity on a weekly port rotation of Tianjin-Qingdao-Ningbo-Xiamen-Da Chan Bay-Buenaventura-Guayaquil-Callao-San Antonio.
However, the service has not seen a …
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• April 15th, 2026
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