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Newly-launched container shipping company Great Eagle Shipping Lines is to introduce up to four box shipping services next year between Northeast and Southeast Asia to capture a slice of the booming trade within Asia, reported the South China Morning Post.
This move comes as container volumes on trade routes within Asia are forecast to grow by about 10 per cent per year over the next four years to about 50.7 million TEUs in 2013.
Great Eagle Shipping Lines started its maiden shuttle service between Hong Kong and Haiphong, in northern Vietnam, with the 700 TEU capacity container ship Pandora.
The company is eyeing expansion next year with more routes and larger ships leased from other operators.
"We intend to open three to four additional services in 2011 covering the routes between northeast Asia and Southeast Asia," Dafni said. "We will deploy vessels ranging from 1,000 to 2,000 TEUs. At this stage all our tonnage will be chartered tonnage."
The shuttle service has run at almost full capacity since its launch. The main cargoes into Vietnam are consumer and semi-finished products, together with perishable goods such as fruit, mostly from China, Taiwan, South Korea and Japan.
Cargonews Asia
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