Evergreen will join the two Asia Australia Services (AAS) operated by four steamship lines -- APL, Hamburg Süd, Hapag-Lloyd and Hyundai Merchant Marine.
Hamburg Süd said in a statement, "Significant cost increases and very poor freight rates both south and northbound have made this step necessary."
The carriers will offer two fixed-day weekly loops:
• The northern loop employs five 3,500-TEU ships on a rotation of Yokohama, Osaka, Pusan, Qingdao, Shanghai, Ningbo, Melbourne, Sydney, Brisbane and Yokohama.
• The southern loop uses four 2,500-TEU ships in a rotation of Kaohsiung, Yantian, Hong Kong, Melbourne, Sydney, Brisbane and Kaohsiung.
Hamburg Süd provides three vessels, Hyundai Merchant Marine and APL two vessels each, and Hapag-Lloyd and Evergreen one vessel each.
American Shipper