Orient Overseas Bets on Resilient China Trade With New Houston Service — Panjiva


Orient Overseas Bets on Resilient China Trade With New Houston Service

China 1760 Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273 Theme - Alliances 86 U.S. 3301

Orient Overseas has launched a new container-line service from four Chinese ports to the U.S. ports of Houston and Mobile. The move is notable in part as it comes amidst the imposition of bilateral duties on $360 billion of trade between the U.S. and China. Exports from China to the U.S. already accounted for 48% of Orient Overseas’ U.S.-inbound volumes in the past year. It will face tough competition for volumes on the route. Leading liners on the route (based on the four Chinese and two U.S. ports) included its Ocean Alliance partners COSCO Shipping (38% share and which recently bought...

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