Evergreen, Hanjin Announce Seasonal Capacity Program

Press Release
Friday, October 19, 2012

In response to a seasonal drop in market demand, Evergreen Line and Hanjin Shipping have adjusted capacity for the joint CEM/CUS service effective for the fourth quarter of 2012.
 
Through 13 weeks from October to December, the joint CEM/CUS service is planned to skip three sailings. The first skipped voyage has been implemented in week 41 and the other two are scheduled in week 44 and week 49.
 
The seasonal adjustment will bring a reduction of 23 percent to the service string's quarterly capacity offering. Evergreen Line and Hanjin Shipping will consider further capacity reductions depending on market developments.
 
The CEM (China-Europe-Mediterranean) Service has been one of Evergreen Line's main liner services in the Far East - Europe trade since 1999.Hanjin Shipping joinedthe service and branded it as the CUS (China-UK Express) Service in August this year, after a joint venture with China Shipping expired.


 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Container Ships

Hamburg Süd to Acquire CCNI Liner Service

Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg,

Samudra Containership Rationalisation Hits Revenues

Diversified Singapore-based containership owners Samudra Group reports registered revenue of USD 96.9 million for the second quarter ended 30 June 2014, a 7.6% decline from USD 104.

MES Gets First Order for ME-GI Marine Engine

Mitsui Engineering & Shipbuilding Co., Ltd. (MES) has received the first order of electronically controlled gas injection diesel engine (ME-GI) for MES. MAN B&W 8S70ME-C8.

Logistics

Hamburg Süd to Acquire CCNI Liner Service

Compañía Chilena de Navegación Interoceánica S.A. (CCNI) with headquarters in Valparaiso, Chile, and Hamburg Südamerikanische Dampfschifffahrts-Gesellschaft KG (HSDG) with headquarters in Hamburg,

Danos Adds Environmental Services

Danos recently added an Environmental Services Division to the company’s collection of oilfield related services, which includes production workforce, construction,

Asia VLCC Rates Could Nudge Higher on Activity

Rates for very large crude carriers (VLCCs) on key Asian freight routes could hold steady or gain next week as charterers seek to complete their vessel chartering

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pipelines Pod Propulsion Ship Electronics Ship Repair Sonar
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2175 sec (5 req/sec)