Wenzhou-Hong Kong shipping route opens

1/9/2007 10:02:01 AM

A NEW container shipping route has been opened between Hong Kong, Shanghai and Wenzhou. Before opening the new route, cargo originating in Wenzhou had to be transshipped to Ningbo or Shanghai before being sent to Hong Kong with shipment times taking five or six days compared to two days with the new service, Xinhua reports. The new container shipping route nearly cuts in half trucking costs to Hong Kong, which means that about CNY1,500-2,000 (US$192.10 - US$ 256.13) is saved during each journey per container, the report said. The new service is expected to be used by manufacturers of light industrial products, such as spectacles and leather goods, manufactured in Wenzhou for retail in Hong Kong. Asian Shipper News

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