Pasha has ended its involvement on the transpacific service operated exclusively
for Costco with the last voyage made by the 2,756 teu CAPE ALTIUS that ended at
Yantian on 1 June 2023. The ship has been re-let to Hapag-Lloyd for the
remainder of its 40-44 month lease that started in March 2023.
It is the last of the 11 ships that were chartered by Pasha on behalf of Costco
for the Asia to US trade. Costco recorded a $93m charge in the fiscal quarter
that ended on 20 November 2022 for the termin