As shipping rates recently soared almost equal to the prices during the Covid-19 peaks, regional and intra-Asia carriers are reentering long-haul trades. SeaLead Shipping, based in Dubai and Singapore, is restarting its transpacific service to the US West Coast, while BAL Container Line has relaunched its China-Mexico Express service.

SeaLead's USWC service will operate irregularly, starting June 17 with the 1,809 teu Adamastos and followed by the 5,610 teu Suez Canal on June 26. BAL resumed its China-Mexico Express service on June 1, using the newly chartered 1,809 teu Amoureux. BAL plans to order up to four 14,000 teu box ships, enhancing its fleet.

Consultancy Linerlytica notes that carriers like SeaLead, Ellerman, and BAL are chartering more vessels, capitalizing on lucrative transpacific and Asia-Europe routes amid the Red Sea crisis.