Evergreen Launches Another Asia/US Service

Friday, February 24, 2006
Following congestion on the US West Coast towards the end of 2004, the pressure has been on carriers to launch additional services via the Panama Canal. The Evergreen Group has responded to this challenge by introducing new services of its own and complementing these with slot charter arrangements with other carriers.

Together with Cosco Container Lines (Coscon), Evergreen Marine Corporation (EMC) is launching a new service linking China with the southern states of the US. Designated the CUE service, it will link the ports of Shanghai, Yantian and Hong Kong with Evergreen’s Panamanian hub terminal, Colon Container Terminal (CCT), Savannah and Miami. Over CCT, Evergreen offers established feeder links to ports in Central America, the Caribbean and the north and west coasts of South America.

Using nine ships, each of around 2,700 TEU, five from Evergreen and four from Coscon, the CUE service will be operating a regular weekly schedule with effect from May but the first sailings will commence on an ad hoc basis in mid March, augmenting Evergreen’s existing Asia – US East Coast services.

Evergreen Group companies Lloyd Triestino (to be renamed Italia Marittima with effect from 1 March 2006) will also have slot allocations on the CUE service.

According to EMC’s President, Arnold Wang, the new CUE service will enhance the company’s network from the Far East to the US East Coast and Gulf area, providing sufficient slots for customers in the coming peak season:

“We believe that the West Coast may again suffer congestion in 2006 and so, together with Coscon, we are taking action now. This will allow our customers to revise their supply chain arrangements ahead of any possible problems that they may anticipate later in the year.”

The Evergreen Group already offers four direct services between Asia and the US East Coast, namely EMC’s NUE pendulum service that links Asia with North Europe via the Panama Canal and the US East Coast; two end-to-end schedules, EMC’s AUE and LT’s AUX services; and a slot share agreement with the New World Alliance, the NYX service.

Maritime Reporter June 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Indonesia Expects Total to Decide on Mahakam within days

French oil firm Total  will decide how much interest it will retain from 2018 in Indonesia's offshore Mahakam oil and gas block over the next two days, the

Research Vessel Heincke: Serving Science for 25 years

7 July 2015. A quarter of a century old, with over 900,000 kilometres (488,842 nautical miles) logged and still on the cutting edge of science and technology:

Stena RoRo Charters Three Vessels

Stena RoRo has reached an agreement with the Finnish shipping company Godby Shipping to long-term charter their three RoRo vessels Misida, Misana and Miranda.

Container Ships

Asia-N Europe Container Freight Rates Jumps 60%

Shipping freight rates for transporting containers from ports in Asia to Northern Europe rose by 60.4 percent to $879 per 20-foot container (TEU) in the week ended on Friday,

G6 Alliance Extends Asia – North America Service

In response to market demand, members of the G6 Alliance today announced the below enhancement to improve the Asia – North America (East Coast) trade. NYK will

Record Bulk Shipping Demolition Rates in 1H15

Monthly demolition rates in the dry bulk shipping sector averaged 3.3 million DWT for 1H15, according to new figures from BIMCO, compared to 1.3 million DWT last year.

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Pipelines Pod Propulsion Port Authority Salvage Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1878 sec (5 req/sec)