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CHINA Shipping Container Lines (CSCL) and Zim have increased weekly capacity and port calls on their AEX1 Asia-Europe service, adding to Dalian, Qingdao, Port Klang plus an additional Shanghai call.
To enable the expansion, they have increased the number of ships from nine to 10 with average ship capacity rising from 8,500 - 10,000 TEU to 9,580 - 10,000 TEU.
Changes on the AEX1 service follow the carriers' decision to cut their AEX2 service altogether, noted analyst Dynamar.
The sailing time added through the new port calls does not counteract the additional vessel capacity to maintain the same weekly number of slots available, reports Lloyd's Loading List. As a result of the upgrade, weekly capacity on the service will increase 12 per cent from 8,600 TEU to 9,700 TEU per week.
Following the adjustments Zim will deploy three 10,000-TEU vessels while CSCL will operate the remaining vessels.
Carriers have now reduced the amount of overall capacity they deploy on the Asia-Europe trade by 1.9 per cent since the end of June, according to Lloyd's List Intelligence.
Asian Shipper News
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