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Four carriers to launch joint intra-Asia service

6/20/2014 8:44:36 AM

At the end of this month, Cosco Container Lines, Wan Hai Lines, China Shipping Container Lines and Pacific International Lines will launch a new joint service connecting China, Southeast Asia and the Indian subcontinent.  


The Pakistan/Mundra Express, or PMX, service will employ six Panamax vessels, with two of the ships operated by Cosco, two by Wan Hai, one by CSCL and one by PIL.


The service will commence from Shanghai on June 25 with the following port rotation: Shanghai; Ningbo and Shekou, China; Hong Kong; Singapore; Port Klang, Malaysia (northbound); Port Klang (westbound); Karachi, Pakistan; Mundra, India; Port Klang (northbound); Singapore; Hong Kong; and back to Shanghai.


According to a recent report by Drewry Maritime Research, cheaper ship charter rates and growth in cargo volumes are bringing gains to the bottom lines of ocean carriers operating in intra-Asia services.

The Journal of Commerce

Drewry: Intra-Asia trade attracting carriers (6/17/2014 8:30:02 AM)
Samudera and Cosco team up in Straits-Indonesia-Thailand service (6/13/2014 9:28:26 AM)
Hapag-Lloyd announces $1,000 Asia-Europe GRI (6/11/2014 9:05:25 AM)
CSCL to enter Baltic Sea feeder market with Cosco and Yang Ming (5/24/2014 8:04:27 AM)
OOCL takes last of 13,208 TEU order, CSCL takes two 10,036 TEUers (5/23/2014 9:04:07 AM)
Cosco takes delivery of 13,386-TEUer to join Asia-Europe service (5/17/2014 8:50:31 AM)
PIL to buy slots on US Pacific SW-Australia-NZ Oceania service (5/16/2014 8:17:24 AM)
MOL, Evergreen, Cosco start Asia-W Africa loop as CMA CGM beefs up (5/9/2014 8:37:35 AM)
Cosco Scraps a Dozen Container Ships (5/5/2014 8:32:03 AM)
UASC adds service to Asia-Europe through deals with other lines (4/29/2014 8:43:01 AM)

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